Buch, Englisch, 200 Seiten, Format (B × H): 154 mm x 233 mm, Gewicht: 316 g
The Case of Nigeria and Other Emerging Economies
Buch, Englisch, 200 Seiten, Format (B × H): 154 mm x 233 mm, Gewicht: 316 g
Reihe: Routledge Research in Finance and Banking Law
ISBN: 978-1-03-217197-5
Verlag: Taylor & Francis Ltd
Given that Nigeria is the core jurisdictional focus, a historical account of banking exchanges from the pre-colonial era to more recent times is provided. Offering an understanding of how political, local and economic settings, in conjunction with the theories of regulation, have impacted and influenced regulatory development in Nigeria, the book engages in an examination of Nigeria’s historical experiences with bank failures, including the banking crisis it experienced in 2008. The newly enacted Banks and Other Financial Institutions Act 2020 is also explored as part of this discourse. Through a critical analysis of the law, the book demonstrates that the Nigerian regulator has historically adopted a reactionary strategy, instead of a proactive and pragmatic approach, which is imperative for an effective regulatory regime. The outcome of this analysis is that there are lessons to be learned, and proposals are discussed in order to rethink the act of banking regulation.
Zielgruppe
Postgraduate
Autoren/Hrsg.
Weitere Infos & Material
1. The Nigerian Banking System 2. Banking Regulation: Justification, Theory and Rationale 3. Banking Regulation in Nigeria 4. Regulatory Responses to Financial Crises 5. Understanding Nigerian Bank Regulation: A Closer Look at Bank Licence Revocation 6. A Scheme for Reform