Book Description: In Hong Kong, the banking system is the primary source of financial stability risk. Post-2008 regulatory reforms have focused on financial stability policies and tools while neglecting the design of supervisory models. This book provides a comparative analysis of how supervisory models affect the management of financial stability regulations in Hong Kong's banking system. Regulatory issues discussed span prudential regulations, systemically important banks, unconventional liquidity tools, deposit insurance, lender of last resort, resolution regimes, central clearing counterparties and derivatives, Renminbi infrastructure, stock and bond connect schemes, distributed ledger technology, digital yuan, US dollar sanctions, cryptocurrencies, RegTech, and FinTech. A Regulatory Design for Financial Stability in Hong Kong elucidates the flaws and synergies in Hong Kong's banking regulatory framework and proposes conventional and innovative regulatory reforms. This book will be of great interest to banking, financial, and legal practitioners, central bankers, regulators, policy makers, finance ministries, scholars, researchers, and policy institutes.
The author, Evan Gibson, is a Research Assistant Professor with the HKU-SCF FinTech Academy at the Faculty of Law, University of Hong Kong. Dr Gibson’s research in financial law and regulation, economic law, comparative law and financial technology is recognised in world-leading publications including Financial Markets and Exchanges Law (2021), The Cambridge Handbook of Twin Peaks Financial Regulation (2021) and the Research Handbook on Asian Financial Law (2020).
The book is now available at Amazon (Amazon.COM). Related Event (Event URL on LinkedIn). Dr Evan Gibson will appear as guest on “Regulatory Ramblings – BRIEFS” with host Ajay Shamdasani to talk about the book on 29th September 2022 at 11:30AM to be streamed LIVE via HKU FinTech LinkedIn page. Regulatory Ramblings – BRIEFS is a 30-minute video podcast produced by HKU FinTech and hosted by HKU-SCF FinTech Academy, HKU-edX Professional Certificate in FinTech and Reg/Tech Lab.