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The International Financial Cooperation – Recent Reforms

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  • Hüpkes Eva

    (Dr. iur., LL.M., D.E.S, Attorney at Law (N.Y.), Adviser on Regulatory Policy and Cooperation. The views expressed are those of the author in her personal capacity and do not necessarily reflect the views of the FSB or its members. This article is based on a lecture given at the University of Zurich on 30 September 2011.)

Abstract

The current financial crisis demonstrated, once again, the need for strengthened international financial cooperation. This article discusses the features of the international financial architecture and recent changes focusing on the role of the Financial Stability Board (FSB). It briefly reviews the post-war BrettonWood arrangements and the changes that occurred after their establishment and recounts the genesis of the FSB and its role in promoting a coherent regulatory framework for a globally integrated financial system.

Suggested Citation

  • Hüpkes Eva, 2012. "The International Financial Cooperation – Recent Reforms," European Company and Financial Law Review, De Gruyter, vol. 9(2), pages 179-193, July.
  • Handle: RePEc:bpj:eucflr:v:9:y:2012:i:2:p:179-193:n:5
    DOI: 10.1515/ecfr-2012-0179
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