Governance of Financial Institutions / edited by Danny Busch, Guido Ferrarini, and Gerard Van Solinge

It includes Index Pages.

Table of Contents :
I. General
1:Governing Financial Institutions: Law and Regulation, Conduct and Culture, Danny Busch, Guido Ferrarini, Gerard Van Solinge
2:Corporate Governance of Financial Institutions: In Need of Cross-Sectoral Regulation? A comparative analysis of banks, investment firms, asset managers, and pension funds, Jens-Hinrich Binder
3:Comparative Regulation of Corporate Governance in the Insurance Sector, Arthur van den Hurk and Michele Siri
4:The Governance of Banks and the Requirement of Resolvability: a Fundamental Change in Perspective?, Bart Bierens
5:Comparative Regulation of Corporate Governance in th e Insurance Sector, Kitty Lieverse and Claartje Bulten
II. Governance Structures and Regulations
6:Non-Shareholder Voice in Bank Governance: Board Composition, Performance and Liability, Paul Davies and Klaus Hopt
7:Responsibility of Directors of Financial Institutions, Steven Schwarz (Aleaha Jones, and Jiazhen Yan)
8:Fit and Proper Requirments in EU Financial Regulation: Towards More Cross-Sectoral Harmonisation?, Iris Palm-Steyerberg and Danny Busch
9:Risk, Risk Management, and Internal Controls, Lodewijk van Setten
10:Financial Market Infrastructures: The Essential Role of Risk Management, Paolo Saguato
11:Compensation in Financial Institutions: Systemic Risk, Regulation and Proportionality, Guido Ferrarini
12:Corporate Governance, Financial Information and MAR, Carmine di Noia and Matteo Gargantini
III. Ownership Structures
13:Engagement of Institutional Investors, Cristina Ungureanu
14:State-owned Financial Institutions, Katja Langenbucher, Johannes Adolff and Christina Skinner
15:Co-operative Banks: A Dutch Experience, Gerard van Solinge and Martin van Olffen
IV. Conduct and Culture
16:Corporate Culture in the Governance of Financial Institutions: An Interdisciplinary Approach, Guido Ferrarini and Shanshan Zhu
17:Public Supervision of Behaviour and Culture at Financial Institutions, Wijnand Nuijts
18:Conduct and Culture in the Netherlands: The Dutch Banker's Oath and the Dutch Banking Disciplinary Committee, Danny Busch and Peter Laaper
19:Managing Conduct Risk: From Rules to Culture, Antonella Sciarrone Alibrandi and Claudi Frigeni
20:Conflicts of Interest: Comparing Compliance and Culture in the US and UK, Geneviève Helleringer and Christina Skinner
21:The Venetian Banks Collapse, Paulo Giudici
22:The Spanish Banking Crisis as a Corporate Governance Problem, Maribel Saez and Maria Gutierrez
23:Banco Espírito Santo: Anatomy of Banking Scandal in Portugal, José Engrácia Antunes
24:Governance Problems in Dutch Financial Institutions from 2007 to-2017, Bas de Jong

Over View:

Governance of Financial Institutions
Edited by Danny Busch, Guido Ferrarini, and Gerard van Solinge
Oxford EU Financial Regulation

Comprehensive legal and multidisciplinary analysis of the important topic of governance of financial institutions
Includes coverage of new requirements for management functions under MiFID II
Considers the position of banks, investment firms, asset managers, insurance firms and pension funds in the context of governance
Covers key issues of systemic risk from the perspective of board models, shareholders, and directors

Description :
This book examines the topical issue of governance of financial institutions, covering banks, investment firms, asset management, pension funds and insurance firms. It comprehensively analyses the impact and practice of the new and more robust requirements for management functions under MiFID II (Markets in Financial Instruments Directive) and other regulation such as MAR (Market Abuse Regulation).

Thematically grouped chapters provide extensive coverage of the main areas of change and interest in this field: financial regulation, models, systemic risk, culture and ethics, and conduct and culture. Each chapter employs an interdisciplinary approach, providing high-quality analysis and discussion of the governance of financial institutions of a practical, as well as theoretical, nature.

Written by a team of expert contributors, comprised of leading scholars with broad practical experience, and leading practitioners in the field of corporate governance, this book provides much needed analysis of this important topic and the new rules for those advising financial institutions.

Author Information

Edited by Danny Busch, Professor of Financial Law, Radboud University, Nijmegen, Guido Ferrarini, Professor of Business Law, University of Genoa, and Gerard van Solinge, Professor of Section of Corporate Law, Radboud University

Professor Danny Busch holds the Chair for Financial Law at Radboud University, Nijmegen, where he is also the Director of the Institute for Financial Law. He has published extensively, many of those publications written in English, including with OUP. He is a Research Fellow of Harris Manchester College and a Fellow of the Commercial Law Centre, University of Oxford.

Guido Ferrarini is Emeritus Professor of Business Law and Capital Markets Law at the University of Genoa, Department of Law, and Director of the Centre for Law and Finance. He holds a J. D. (University of Genoa, 1972), an LL.M. (Yale Law School, 1978) and a Dr. jur. (h.c., Ghent University, 2009). He is founder and fellow of the European Corporate Governance Institute (ECGI), Brussels.

Gerard van Solinge is Professor of Corporate Law at Radboud University Nijmegen where he is a member of the scientific board of the research programme Company Law of the Business and Law Research Centre. He also practises as an attorney at Allen & Overy LLP and has written a number of books and articles.

Contributors:

Danny Busch
Guido Ferrarini
Gerard Van Solinge
Jens-Hinrich Binder
Arthur van den Hurk
Michele Siri
Bart Bierens
Kitty Lieverse
Claartje Bulten
Paul Davies
Klaus Hopt
Steven Schwarcz
Iris Palm-Steyerberg
Lodewijk van Setten
Paolo Saguato
Carmine di Noia
Matteo Gargantini
Cristina Ungureanu
Katja Langenbucher
Johannes Adolff
Christina Skinner
Martin van Olffen
Shanshan Zhu
Wijnand Nuijts
Peter Laaper
Antonella Sciarrone Alibrandi
Claudi Frigeni
Genevieve Helleringer
Paulo Giudici
Maribel Saez
Maria Gutierrez
Jose Engracia Antunes
Bas de Jong

Reviews and Awards :

"An important contribution." - Ebbe Rogge, Common Market Law Review

"Corporate governance is and remains important: weak governance at financial institutions, and at banks in particular, is often regarded as one of the underlying causes of the Great Financial Crisis. This view is confirmed by leading internationalorganizations, such as the OECD and the Basel Committee on Banking Supervision, as well as by national inquiries, including those by the US Financial Crisis Commission and the Walker Review in the UK. The book is therefore an important contribution to this debate, but goes further by extending the scope beyond banks. It adds value by broadening the debate to include, for example, insurance firms and investment firms ... The authors and editors have succeeded in presenting an interesting mix on governance at financial institutions, including ample details and discussion of the relevant EU legislation." - Ebbe Rogge, Leiden University, Common Market Law Review