TY - BOOK AU - Hadjiemmanuil, Christos. TI - Banking regulation and the bank of England SN - 1859780628 U1 - 346.41 HAD 1996 PY - 1996/// CY - London PB - LLP KW - Private international law N2 - The last two decades have witnessed dramatic changes in the legal environment in which banks operate. Banking business was formally unregulated in the United State Kingdom up through the 1970s. Governmental control was ensured in practice through a combination of selective legal restrictions on certain banking activities and the Bank of England 's de facto control over the structure and operation of the banking markets.The bank pursued its poilicy objectives by use of " moral suasion'', but ultimately compliance with its will was guaranteed by its dominant financial position. ER -