This book critically examines the evolution of financial regulation and governance in response to the challenges posed by the pandemic. It provides an in-depth analysis of how governments, financial institutions, and policymakers adapted to the unprecedented crisis, identifying key regulatory shifts and policy responses.
The COVID-19 pandemic significantly disrupted global financial systems, exposing vulnerabilities in regulatory frameworks and governance structures. As economies struggled to recover, it became clear that new approaches were needed to ensure stability and mitigate future risks. In addition, the crisis exacerbated existing inequalities, highlighting the need for more inclusive financial systems that can serve all segments of society, particularly vulnerable populations. This book critically examines the evolution of financial regulation and governance in response to the challenges posed by the pandemic. It provides an in-depth analysis of how governments, financial institutions, and policymakers adapted to the unprecedented crisis, identifying key regulatory shifts and policy responses that have shaped the current financial environment. It explores strategies for enhancing stability, improving market oversight, and ensuring equitable access to financial services. Further, it explores the role of RegTech, FinTech, and Central Bank Digital Currencies (CBDCs) in enhancing regulatory efficiency and promoting financial inclusion. The book synthesizes research across disciplines and presents case studies that highlight both successes and shortcomings in the global response to financial instability. Additionally, it offers insights into future trends, with a focus on fostering resilient, inclusive, and sustainable financial systems worldwide and emphasizes the importance of adaptive regulatory frameworks and collaborative efforts among stakeholders to address ongoing challenges in the post-COVID financial landscape. This book is ideal for a broad audience, including policymakers, researchers, and financial industry professionals, as well as those interested in understanding the intersection of financial regulation, governance, and social equity in a post-pandemic world.
Arvustused
A compelling and forward-looking work that addresses critical regulatory gaps exposed by the pandemic. This book highlights innovative responses through RegTech, FinTech, and central bank digital currencies (CBDCs), providing valuable lessons for strengthening global financial governance and promoting equitable access to finance across diverse economies.
James Atta Peprah, Dean and Professor of Economics and Finance, School of Economics, University of Cape Coast, Ghana.
PART I: Regulatory Frameworks and Global Financial Governance
1.
Navigating Financial Regulation in a Post-Pandemic World (Ibrahim Nandom
Yakubu, Ayhan Kapusuzoglu, and Nildag Basak Ceylan)
2. Central Banking and
Monetary Policy in the COVID-19 Era (Khadijah Iddrisu, Muazu Ibrahim and
Farihan Alhassan)
3. Regulatory and Ethical Implications of Big Tech in the
Banking Sector (Ibrahim Nandom Yakubu, Mohammed Gawsu Salifu, Zelihatu
Abukari, and Mohammed Ridwan Saani)
4. Global Organizations and Regulatory
Harmonization: Coordinating Digital Finance and Cross-Border Stability
(Alhassan Bunyaminu, Ibrahim Nandom Yakubu, Yazidu Ustarz) Part II: Digital
Innovation, Inclusion, and Regulatory Transformation
5. Digital
Transformation in Banking and Inclusive Finance (Khadijah Iddrisu, Simplice
A. Asongu, Jabir I. Mohammed and Zubeiru Salifu)
6. The Role of Central Bank
Digital Currencies (CBDCs) in Promoting Financial Stability and Inclusion
(Abdul-Hamid Abdul-Wahab, Ibrahim Nandom Yakubu, and Abdulai Iddrisu)
7.
RegTech and FinTech: Enhancing Regulatory Efficiency and Inclusivity
(Khadijah Iddrisu, Ibrahim Nandom Yakubu, Abdul Razak Yussif and Mudasir
Issah)
8. Financial Inclusion Strategies: Exploring New Regulatory Approaches
to Access and Equity (Umar Mohammed, Ibrahim Nandom Yakubu, and Mubarik
Salifu) Part III: Sustainability, Risk, and Future-Proof Regulation
9. Role
of ESG Regulations in Promoting Financial Stability (Osman Issah, Khadijah
Iddrisu, Ibrahim Nandom Yakubu, and Richard Stephens Cromwell)
10. Barriers
to Effective ESG Regulation: Lessons from the COVID-19 Crisis (Abdulai
Iddrisu, Mohammed Toufiq Abubakari, and Michael Lawer Tetteh)
Ibrahim Nandom Yakubu is a Lecturer in the School of Business, University for Development Studies, Tamale, Ghana.
Ayhan Kapusuzoglu is a Professor of Finance in the Department of Finance and Banking, Ankara Yildirim Beyazit University, Turkey.
Nildag Basak Ceylan is a Professor of Finance in the Department of Finance and Banking, Ankara Yildirim Beyazit University, Turkey.
