A Regulatory Design for Financial Stability in Hong Kong

Evan Gibson is a Research Assistant Professor at the University of Hong Kong. He authors, co-authors and edits in world-leading publications, such as the Research Handbook on Asian Financial Law (2020). Gibson's research specializes in financial law and regulation, economic law, comparative law, financial technology and sustainable development.

Part I. A Financial History of Hong Kong: 1. Introduction; 2. Hong Kong 1841-1997: financial crises and financial regulation; 3. Hong Kong Special Administrative Region: financial crises and financial regulation; Part II. The Regulatory Models of Financial Supervision: 4. The sectoral supervisory model: central banks, banking regulations and financial stability; 5. Integrated, twin peaks, and systemic risk supervision for financial stability; Part III. Contemporary Regulatory and Supervisory Approaches: 6. Conceptualizing financial stability during financial crises: liquidity and systemic risk; 7. Financial regulation for a sustainable economy: financial stability approaches; Part IV. Banking Regulation and Supervision in Hong Kong: 8. Bank regulation and supervision: Basel III and systemic risk; 9. Banking systems and financial stability: monetary policy and unconventional liquidity tools; Part V. Resolution Regimes and Crisis Management Mechanisms: 10. Deposit protection and the lender of last resort; 11. Resolution regimes and systemically importance banks; 12. Central clearing counterparties and derivatives: financial regulation and resolution regume; Part VI. Financial Market Integration with the Mainland: 13. China's International Financial Centre, Renminbi infrastructure and cross-boundary regtech; 14. Dollar sanctions, the digital yuan and regulating fintech; Conclusion.