Professor Eilís Ferran is Professor of Company and Securities Law at the University of Cambridge and a University J. M. Keynes Fellow in Financial Economics. Jennifer Hill is Professor of Corporate Law and a Director of the Ross Parsons Centre of Commercial, Corporate and Taxation Law at Sydney Law School, Australia. Professor Niamh Moloney is Professor of Financial Markets Law at the London School of Economics and Political Science and a Fellow (Household Finance) of the Centre for Financial Studies, Frankfurt. John C. Coffee, Jr is the Adolf A. Berle Professor of Law at Columbia University Law School and Director of its Center on Corporate Governance.

• 1. Crisis-driven regulatory reform: where in the world is the EU going?; 2. The legacy effects of the financial crisis on regulatory design in the EU; 3. Why did Australia fare so well in the global financial crisis?; 4. The political economy of Dodd–Frank: why financial reform tends to be frustrated and systemic risk perpetuated.

'With some exceptionally insightful analysis from four leading academics this book illuminates the rationales and objectives of post-crisis regulatory reform in three key jurisdictions: EU, US, and Australia. Essential guide for all those who wish to understand better the principal drivers of reform in global financial markets and its likely impact.' Emilios Avgouleas, Chair in International Banking Law and Finance, University of Edinburgh