Regulation And Regulators After Global Financial Crises

This book provides an original theoretically and empirically grounded analysis of regulatory enforcement activism in post-crises periods and the ensuing regulatory interactions. It critically addresses the 'more regulation' enforcement agenda in the aftermath of the 2008 financial crisis, showing how misconduct was constructed through the enforcement policies and practices of the powerful UK financial conduct regulator, and its interactions with regulated organisations and their legal representatives. Drawing from interviews with current and former regulators, professional intermediaries, and markets participants, documentary analysis, and observations, the volume's interdisciplinary approach is grounded in constructivist perspectives on compliance and deviance, regulation theory, and socio-legal research. Through a multi-dimensional analytical framework that links shifts in regulatory policy-making, and experimentations with, and use of, legal powers in information-gathering, legal...