McEldowney, John F. (2011) The precautionary principle and protecting the public interest in the UK. In: LaBrosse, John Raymond and Olivares-Caminal, Rodrigo and Singh, Dalvinder, 1970-, (eds.) Managing risk in the financial system. Cheltenham : Edward Elgar, p. 7. ISBN 9780857933812

Abstract

Managing Risk in the Financial System makes important and timely contributions to our knowledge and understanding of banking law, financial institution restructuring and related considerations, through the production of an innovative, international and interdisciplinary set of contributions which link law and policy issues surrounding systemic risk and crisis management. The recent financial crisis has exposed both the banking industry and financial system safety net players in many countries to a considerable level of distress as well as economic and reputational damage. These circumstances have heightened the need for policymakers to consider remedial measures under a broad umbrella that encompass inter alia prompt corrective actions, early closure of distressed entities, deposit insurance, bail-outs, state-aid, bank resolution and restructuring techniques. These essays provide an important contribution to research in this area, at a crucial time in the debate around the future financial industry. This unique and detailed volume should be of considerable interest to students of law, economics and finance, law practitioners and policymakers in central banks and ministries of finance. Law, business and finance faculties will benefit from having this book in their collections, as will deposit protection agencies and regulatory agencies.

Request changes to a record

Actions (login required)

View Item