Globalisation and Financial Regulation: Challenges and Trends
14 October 2019
Since the financial crisis of 2008, there has been a major shift away from internationally agreed standards and principles, as regulators and policy makers have focused on national legislative and regulatory solutions to crisis management. This has coincided with the rise of populist and nationalist political movements across a growing number of countries, further eroding international solutions. However, despite this move towards deglobalisation, the growth of the global digital economy will require international cooperation.
In this report, Clifford Chance experts discuss competing forces towards and against globalisation, focusing on five areas that are driving or challenging global approaches in financial regulation, including national approaches to crisis management and the implementation of global regulatory standards, changing approaches to market access, China’s search for global capital and emerging approaches to the regulation of FinTech and cryptoassets.
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全球化与金融监管:挑战与趋势
5 December 2019