Samuel Mcphilemy
Biographic Data
| ID | 4383877 |
|---|---|
| NAME | Samuel Mcphilemy |
| GIVEN NAMES | Samuel |
| FAMILY NAME | Mcphilemy |
| SIGNATURE | MCPHILEMY S |
| AFFILIATIONS | University of Warwick |
| ORCID | 0000-0002-3749-5903 |
| VERIFIED | Yes |
| TOTAL WORKS | 4 |
| TOTAL CITATIONS | 49 |
| AUTHOR COUNT | 4 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2013 |
| LATEST PUBLICATION YEAR | 2019 |
| H-INDEX | 4 |
Central banks under stress: Reputation, accountability and regulatory coherence
This symposium homes in on an area of public administration that has been through a period of significant change in the last ten years. Since the global financial crisis, central banks have expanded their operations in financial markets, buying up vast quantities of assets as part of expansive monetary policy strategies. They have also played a leading role in the reform of financial regulation and have been entrusted with enhanced authority to s…
Integrating macro-prudential policy: Central banks as the ‘third force’ in EU financial reform
In recent years, policy-makers and financial authorities have established an intricate, multi-level framework for 'macro-prudential' policy-making in the European Union. This article argues that central banks have acted as a 'third force' in this process, determining the balance between national and supranational authority and ensuring their own predominance in the macro-prudential policy field. The article demonstrates central banks' policy entr…
Integrating rules, disintegrating markets: The end of national discretion in European banking
This article examines the integration of prudential banking regulation and supervision in the European Union. It demonstrates that incremental integration in the two decades preceding the sovereign debt and banking crisis produced a regulatory process that afforded member states wide discretion when it came to implementing European rules at the national level. Decentralized implementation was an aggravating factor in the partial disintegration of…
Formal Rules versus Informal Relationships: Prudential Banking Supervision at the FSA Before the Crash
Prior to the 2007–9 banking crisis, the UK Financial Services Authority presented itself as a ‘proportionate’ and ‘risk-based’ regulator, preferring firms to adhere to the spirit of high-level principles rather than the letter of detailed rules. Simultaneously, it developed a supervisory regime that was unprecedentedly complex, producing a ‘Handbook’ of intricate secondary legislation that ran to some 8000 pages. Explaining these contradictory as…
Central banks under stress: Reputation, accountability and regulatory coherence
This symposium homes in on an area of public administration that has been through a period of significant change in the last ten years. Since the global financial crisis, central banks have expanded their operations in financial markets, buying up vast quantities of assets as part of expansive monetary policy strategies. They have also played a leading role in the reform of financial regulation and have been entrusted with enhanced authority to s…
Integrating macro-prudential policy: Central banks as the ‘third force’ in EU financial reform
In recent years, policy-makers and financial authorities have established an intricate, multi-level framework for 'macro-prudential' policy-making in the European Union. This article argues that central banks have acted as a 'third force' in this process, determining the balance between national and supranational authority and ensuring their own predominance in the macro-prudential policy field. The article demonstrates central banks' policy entr…
Formal Rules versus Informal Relationships: Prudential Banking Supervision at the FSA Before the Crash
Prior to the 2007–9 banking crisis, the UK Financial Services Authority presented itself as a ‘proportionate’ and ‘risk-based’ regulator, preferring firms to adhere to the spirit of high-level principles rather than the letter of detailed rules. Simultaneously, it developed a supervisory regime that was unprecedentedly complex, producing a ‘Handbook’ of intricate secondary legislation that ran to some 8000 pages. Explaining these contradictory as…
Integrating rules, disintegrating markets: The end of national discretion in European banking
This article examines the integration of prudential banking regulation and supervision in the European Union. It demonstrates that incremental integration in the two decades preceding the sovereign debt and banking crisis produced a regulatory process that afforded member states wide discretion when it came to implementing European rules at the national level. Decentralized implementation was an aggravating factor in the partial disintegration of…
Formal Rules versus Informal Relationships: Prudential Banking Supervision at the FSA Before the Crash
Prior to the 2007–9 banking crisis, the UK Financial Services Authority presented itself as a ‘proportionate’ and ‘risk-based’ regulator, preferring firms to adhere to the spirit of high-level principles rather than the letter of detailed rules. Simultaneously, it developed a supervisory regime that was unprecedentedly complex, producing a ‘Handbook’ of intricate secondary legislation that ran to some 8000 pages. Explaining these contradictory as…
Integrating rules, disintegrating markets: The end of national discretion in European banking
This article examines the integration of prudential banking regulation and supervision in the European Union. It demonstrates that incremental integration in the two decades preceding the sovereign debt and banking crisis produced a regulatory process that afforded member states wide discretion when it came to implementing European rules at the national level. Decentralized implementation was an aggravating factor in the partial disintegration of…
Integrating macro-prudential policy: Central banks as the ‘third force’ in EU financial reform
In recent years, policy-makers and financial authorities have established an intricate, multi-level framework for 'macro-prudential' policy-making in the European Union. This article argues that central banks have acted as a 'third force' in this process, determining the balance between national and supranational authority and ensuring their own predominance in the macro-prudential policy field. The article demonstrates central banks' policy entr…
Central banks under stress: Reputation, accountability and regulatory coherence
This symposium homes in on an area of public administration that has been through a period of significant change in the last ten years. Since the global financial crisis, central banks have expanded their operations in financial markets, buying up vast quantities of assets as part of expansive monetary policy strategies. They have also played a leading role in the reform of financial regulation and have been entrusted with enhanced authority to s…
Banking stability, regulation, efficiency (4 works) · Business (4 works) · Economics (4 works) · Global Financial Regulation and Crises (4 works) · Law (4 works) · Law (4 works) · Political science (4 works) · Finance (3 works) · Financial crisis (3 works) · Financial regulation (3 works)