The Foundations and Future of Financial Regulation

Iris H Chiu (Dr)University College London

As distinguished from Financial Law Governing finance Financialisation and what this means Frameworks, principles, objectives and

values The locations of power in governing finance

Governance by public authorities Financial stability as a public good Through legal reforms

Pre-emptive approach Increasing paternalism Expanded scope of coverage

Extra capital charges under Basel III Macro-prudential supervision Increased intervention in consumer

protection

Governing what is previously unregulated ‘More Europe’ – Moloney EU vs national institutions Co-governance

Meaning Policy measures corrective in nature? Lack of precise objective or permanent

content Regulation of financial sector remuneration

as example

‘Financial stability’ as kickstarting ideological reflections

Social utility New discourses in governing finance

needed