Managing to the new regulatory reality : doing business under the Dodd-Frank Act /

• Κύριος συγγραφέας: Wilson, Gregory P.
• Μορφή: Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Hoboken, N.J. : Wiley, [2011]
• Σειρά: Wiley finance series.
• Θέματα: Since 2009; Financial services industry > Government policy > United States.; Financial services industry > State supervision > United States.; United States > Economic policy > 2009-; BUSINESS & ECONOMICS > Banks & Banking.; Economic policy.; Financial services industry > Government policy.; Financial services industry > State supervision.; United States.; Electronic books.

"In Managing to the New Regulatory Reality, author Gregory Wilson provides important lessons for private sector management, specifically financial services firms, as well as lessons for policymakers, regulators, and our political economy that will shed light on how we go from bubble to crisis,...

Πίνακας περιεχομένων:

• Front Matter
• Understanding the Immediate Political Reactions. Immediate U.S. Reaction: The Emergency Economic Stabilization Act of 2008
• Rise of the G20--A Global Call to Action
• The Beginnings of the New Regulatory Reality
• Understanding U.S. and G20 Regulatory Reforms. The U.S. Legislative Process
• The Dodd-Frank Act of 2010
• Beyond the United States--Current G20 Efforts
• Preparedness: 10 Lessons for Winning in the New Regulatory Reality. Set the Right Leadership Tone at the Top
• Tell a Good Story
• Be Politically Adept, Not Tone Deaf
• Advocate Constructively for Better Outcomes
• Manage Strategy and Regulatory Risks Together
• Maintain Fortress Strength at All Times
• Live Good Governance
• Plan Carefully for Contingencies
• Engage Regulators on Warning Signs
• Build Trust-Based Supervisory Relationships
• Conclusion-Be Prepared!
• Notes
• Additional Resources
• Acknowledgments
• About the Author
• Index.
• Foreword.
• List of Acronyms.
• Preface.
• PART ONE: UNDERSTANDING THE IMMEDIATE POLITICAL REACTIONS.
• Immediate U.S. Reaction The Emergency Economic Stabilization Act of 2008.
• All Roads Ultimately Lead to Congress.
• How a Crisis Bill Becomes an Emergency Law.
• EESA's Major Provisions.
• Conclusion.
• Rise of the G20: A Global Call to Action.
• A New International Financial Order.
• Toward a Balanced Approach.
• Conclusions.
• The Beginnings of the New Regulatory Reality.
• Democracy Can Act Swiftly in a Crisis.
• Problems at a Small Minority of Firms Create Lasting Industry Problems.
• Populist Anger Drives Unintended Consequences.
• When Governments Intervene to Protect Taxpayers, Strings Are Attached.
• Crises Have Long Political and Regulatory Tails.
• Safety Valves Don't Always Work as Expected.
• International Crises Command Global Responses.
• PART TWO: UNDERSTANDING U.S. AND G20 REGULATORY REFORMS.
• The U.S. Legislative Process.
• Administration Proposal.
• House Consideration.
• Senate Consideration.
• Conference Consideration.
• Conclusion.
• The Dodd-Frank Act of 2010.
• New Regulatory Architecture.
• New Regulatory Standards.
• New Operating Restrictions.
• Higher Regulatory Costs.
• Conclusions.
• Beyond the U.S.: Current G20 Efforts.
• G20 Agenda Going Forward.
• IMF Review of U.S. Financial Sector Assessment Program, 2010.
• International Industry Response.
• Conclusions.
• PART THREE: PREPAREDNESS: 10 LESSONS FOR WINNING IN THE NEW REGULATORY REALITY.
• Set the Right Leadership "Tone at the Top".
• Corporate Leadership.
• Leadership in Society.
• Leadership on Public Policy.
• Implications.
• Tell a Good Story.
• Background.
• What Individual Firms Can Do.
• What the Industry Must Do.
• Implications.
• Be Politically Adept, Not Tone Deaf.
• Background.
• New Legislative Mandates for Executive Compensation Limits.
• Consumer Protection.
• Implications.
• Advocate Constructively for Better Outcomes.
• Background.
• No Shortage of Future Policy Debates.
• The Importance of Balanced Policy Objectives.
• Broader issues: getting back to competitiveness.
• Implications.
• Manage Strategy and Regulatory Risks Together.
• Background.
• Strategy and Regulatory Risks after the Dodd-Frank Act.
• Implications.
• Maintain Fortress Strength at all Times.
• Background.
• New Basel III Requirements.
• New Capital and Liquidity Requirements in the Dodd-Frank Act.
• Implications.
• Live Good Governance.
• Background.
• The Value of Good Governance.
• Recent Regulatory Efforts to Improve Corporate Governance.
• BIS 2006 Principles.
• IIF Principles.
• Implications.
• Plan Carefully for Contingencies.
• Background.
• U.S. Rapid Resolution Plans.
• Implications.
• Engage Regulators on Warning Signs.
• Making sense of crises warning signs.
• The New Official U.S. Role in Identifying Financial Crises.
• An Industry Action Plan on Early Crisis Detection.
• Implications.
• Build Trust-based Supervisory Relationships.
• Background.
• Building Trust-based Supervisory Relationships.
• Improve Supervisory Relationships to Avoid Negative Regulatory Consequences.
• Implications.
• Conclusion: Be Prepared!
• Implications for Financial Companies.
• Implications for the Financial Services Industry.
• Notes.
• Additional Resources.
• Acknowledgments.
• About the Author.
• Index.