Sessions Information

  • January 3, 2014
    10:30 am - 12:15 pm
    Session Type: Section Call for Papers
    Session Capacity: N/A
    Hotel: Hilton New York Midtown
    Room: Murray Hill West
    Floor: Second Floor

    Additional presenters to be selected from Call for Papers.

    The financial crisis of 2008 was truly a global crisis, and the world continues to face a wide range of post-crisis economic and political challenges. Today, several years after the market turmoil began, both the United States and the European Union are in the midst of major regulatory reforms in the financial services sector. The effects of these financial regulation reforms however, remain unclear. Structural reform in the U.S. is thus far limited to a yet-to-be finalized "Volcker Rule," while in the U.K. and the Eurozone, respectively, Vickers- and Liikanen-style "ring-fencing" remain incomplete if not inchoate.  Debate in the U.S. still rages around whether and how smaller "community banks" should be regulated differently from megabanks, while the E.U. continues to debate whether to form a "banking union" at all and, if so, what it might or could entail, given various political constraints.  Meanwhile, the U.S. Federal Reserve continues to innovate in the realm of monetary policy in the absence of functional fiscal policy, while the European Central Bank moves furtively toward acting as a full Fed-style central bank capable of backstopping sovereign debt instruments and providing real liquidity.  Where might these multiple developments be ultimately heading, and what might the Americans and Europeans learn from each other as they grope tentatively forward? What broader implications do they raise for political accountability and legitimacy in a post-crisis world? A panel of scholars of European law and financial services law will address these questions. One or more presenters will be selected from submissions in response to a call for papers issued jointly by both sections.

     

    Business Meeting for Section on European Law at program Conclusion.

    Business Meeting for Section on Financial Institutions and Consumer Financial Services at Program Conclusion.

Session Speakers
Loyola University New Orleans College of Law
Speaker from a Call for Papers

American University, Washington College of Law
Speaker

Cornell Law School
Speaker

University of Connecticut School of Law
Moderator

Harvard Law School
Speaker

The George Washington University Law School
Speaker from a Call for Papers

Session Fees
  • 5205 European Law and Financial Institutions and Consumer Financial Services Joint Program: $0.00