The current finance regulation landscape

Insights on Financial Services Regulation

Author: Consiglio J. A. Publisher: Emerald Insight Publishers, UK / 2020

Insights on Financial Services Regulations is another great contribution towards financial services regulation by Dr John Consiglio. With this contribution, published by Emerald Publishers, one of the leading publishers in the UK, he delves into the many debates around the developments in financial services regulation in our times.

This book includes discussions on the public interest elements of regulation, on informational asymmetry and on the economist/regulator duopoly. Included is also an analyses of various key contentious elements of regulatory practices from both the regulators’ and regulatees’ perspectives.

Consiglio explores the complicated, and often worrying, landscape of financial services regulation, by focusing mainly on the chasm between the perceived hierarchical aloofness of regulators and the real needs of individual users of financial services. He takes a detailed look back into the historical detail and the keen discussion of economics and regulatory pedagogy in the modern age, and he also provides challenging and factual insights about the future of regulation. This, in his studied view, is a calling that, besides a high sense of vocation, also absolutely needs profound institutional hands-on experience in its practitioners.

This is an unmissable book that interrogates the current landscape defining our global economy and in my opinion is a “must read” for researchers and students of finance and financial regulation and for all professionals involved in the financial services sector.

Prof. Simon Grima is an associate professor in the Department of Insurance, Faculty of Economics, Management and Accountancy at the University of Malta