... countries. Donato Masciandaro can be contacted at: donato.masciandaro@unibocconi.it © Emerald Group Publishing Limited 2009 Financial control Central banks Economic convergence European Union The achievement of an integrated financial market has been a long‐term objective...

... of the issues under observation and the size of the sample. Risk management Regulation Banks Financial control Italy The raising complexity of banking management, the need to protect customer confidence, the greater weight of laws and codes of conduct over time are the most important causes...

... Financial control Central banks Government policy In recent years we have witnessed a deep change in the design of all the institutions that are responsible for supervising financial markets and banks. The financial supervision scenario is going through a deep evolution on all fronts, and many...

... Futures markets Securities markets Financial services Financial control United States of America In April 2006, two US regulatory agencies – the Commodity Futures Trading Commission (“CFTC”) and the Securities and Exchange Commission (“SEC”) – issued a joint proposal (the (“Proposing Release...

... alleged by FSA. He argued that a prohibition order was a disproportionate sanction and he ought to be allowed to continue to work in the financial services industry in some capacity under supervision. Law courts Law Financial control Legal decisions Jonathan Milroy Townrow v. Financial...

... substantive legislative change in the FSMA 2000 framework is relatively muted on the part of Government, regulator and industry alike. © Emerald Group Publishing Limited 2006 Law courts Law Financial control Legal decisions Financial Services Authority v (1) John Martin (2...

... member states in their implementing measures [13] . Financial control Securities The market abuse directive (MAD) was implemented in the UK with effect from 1 July 2005. In broad terms it seems unlikely that the nature, or indeed number of market abuse cases taken by the Financial Services...

...)management, the countries in LAC offer fertile ground for intellectual discussion. Financial control Financial markets Central banks Latin America Caribbean There is a clear rationale for financial regulation in response to systemic liquidity risk (see Llewellyn, 1999 , for instance...

... arrangements. Originality/value This represents a starting‐point for Cypriot financial reform, which has up to press been only marginally considered. © Emerald Group Publishing Limited 2006 Financial control Banking Securities Insurance Cyprus The organization of financial...