The article discusses how international laws can regulate financial systems and monetary affairs to prevent crises like the one in 2007-2009. It looks at different approaches to global financial regulation and supervision, the role of transparency, and the need for cooperation between countries. The researchers suggest principles for a new financial stability architecture and emphasize the importance of reducing systemic risks through capital regulation reforms. They also explore the impact of trade, competition, and tax policies on financial services, as well as the role of international law in monetary regulation for maintaining financial stability.