1st Edition

Banking Law and Financial Regulation in Pakistan The Role of Lender of Last Resort

By Muhammad Hassan Idrees Copyright 2024
122 Pages 2 B/W Illustrations
by Routledge

122 Pages 2 B/W Illustrations
by Routledge

122 Pages 2 B/W Illustrations
by Routledge

This book offers an analysis of the contemporary significance of the practice of Lender of Last Resort (LOLR) in Pakistan. Aiming to identify deficiencies in current financial system legislation, the book details the role of LOLR and its essential presence in establishing a resilient banking and financial system. Beginning with an assessment of the emergence of Central Banks as domestic... Read more

Preface vii

Acknowledgements viii

1 Introduction 1

2 Conceptual Underpinning of the Lender of Last Resort 8

3 Banking Regime of Pakistan, Basel Accord and LOLR 18

4 Case Study of Pakistan 49

5 Appraisal of the Financial Systems of the UK, USA and Pakistan 57

6 Regulatory Reform Proposals and Conclusion 98

Index 111

Biography

Dr Muhammad Hassan Idrees is a dynamic legal attorney with an enthusiasm for learning contemporary legal issues. He has a profound interest in international banking and financial laws, alternative dispute resolution, civil and criminal litigation, corporate and taxation laws. He has completed a B.A.LL.B (Hons) from the University of the Punjab, Lahore, Pakistan; LL.M in International Business and Corporate Law with Distinction from the University of Bedfordshire, UK; and a PhD in Law, from Canterbury Christ Church University, UK. Hassan Idrees is also a member of the Honourable Society of Lincoln’s Inn. Currently, he is working as a legal consultant for the Federal Board of Revenue, Pakistan, and a barrister/advocate in the High Courts of Pakistan.