New Regulation of the Financial Industry

Written by a leading financial analyst, this book provides a detailed overview of the regulatory environment facing the financial industry at the end of the 20th century. Whilst the 1980s and early 1990s focused on de-regulation within the financial sector, today a key point of interest has become re-regulation in a global setting. The new rules of supervision stress transparency and market discipline, which has an impact on trading strategies and lending patterns as well as the ways of managing assets and liabilities. Written for analysts, traders, technologists and managers of financial institutions, this book provides coverage of the aftermath of this regulatory environment, and the implications of globalization and technological developments.

Dimitris N. Chorafas served on the faculty of the Catholic University of America and as Visiting Professor at Washington State University, George Washington University, University of Vermont, University of Florida, and Georgia Institute of Technology in the United States, as well as the University of Alberta, Technical University of Karlsruhe, Ecole d'Etudes Industrielles de l'Université de Genève, Ecole Polytechnic Fédérale de Lausanne, Polish Academy of Sciences and Russian Academy of Sciences. More than 8,000 banking, industrial and government executives participated in his seminars in the United States, England, Germany, Italy, other European countries, Asia and Latin America. Chorafas is the author of 160 books, translated into several languages world-wide.