Includes bibliographical reefernces and index

I: Resolution of financial institutions: implementation of the key attributes and remaining challenges/ José Vinãls-- II: Cross-border resolution: challenges in cross-border effectiveness/ Andrea Enria -- III: The Legal framework for the resolution of central counterparties: a special case?/ Alessandro Gullo -- IV: Corporate debt restructuring and economic recovery/ Luis Méjan -- V: Central Bank functions and the growing importance of macroprudential policy/ Chiara Zilioli -- VI: Legal framework for islamic banking/ Jaseem Ahmed -- VII: Recent trends in financial sector regulation: the problem of de-risking/ Ms. Yan Liu

This volume comprises a selection of papers prepared in connection with a high-level seminar on Law and Financial Stability held at the IMF in 2016. It examines, from a legal perspective, the progress made in implementing the financial regulatory reforms adopted since the global financial crisis and highlights the role of the IMF in advancing these reforms and charting the course for a future reform agenda, including the development of a coherent international policy framework for resolution and resolution planning. The book’s unique perspective on the role of the law in promoting financial stability comes from the contribution of selected experts and representatives from our membership who share their views on this subject. (IMF page)