金融規制戦略：英国と韓国の比較 Strategies of Financial Regulation : Divergent Approaches in Conduct of Business Regulation of Mis-Selling in the UK and South Korea

著者名：Kim, Junghoon

Palgrave Macmillan（2020/12/03発売）

• 言語：ENG
• ISBN：9789811573286
• eISBN：9789811573293

Description

This book analyses different strategies and their results in implementing financial regulation in terms of rule-making, public enforcement and private enforcement. The analysis is based on a comparative study of conduct of business regulation on mis-selling of financial instruments in the UK and South Korea. It extends into liquidity regulation in the banking sector and credit rating agency regulation. The book concludes that in rule-making, purposive rules are more effective for achieving regulatory goals with minimal undesirable results, but a rule-making system with purposive rules can only work on a foundation of trust among rule-makers, enforcers and the regulates, that with respect to public enforcement, the enforcement strategies should combine the compliance-oriented and deterrence-oriented approaches and be continuously adjusted based on close monitoring of the regulatory outcomes and that in private enforcement, regulation should be instituted as the minimum requirement in private law.

Table of Contents

1. Introduction and Research Framework.- 2. Rule-Making of COB.- 3. Public Enforcement of COB.- 4. Private Enforcement of COB.- 5. Lessons and Recommendation.