with background and logic of self-regulation. Self-regulation is placed in the system of regulation, deregulation and … reregulation. It analyses why self-regulation becomes so popular. This part presents different types of self-regulation with their … typical features. Second part deals with the problems and weaknesses. Self-regulation posts numerous questions. Fundamental …

to take financial stability into account except when the law or the applicable regulation imposes it. In several fields … this is the case: regulation of auditors or credit rating agencies are motivated by financial stability issues … it open whether these provisions have to be introduced by way of hard law, or whether existing systems of soft regulation …

payment systems. The conflict is playing itself out in business practices, banking regulation, IPOs, corporate governance …

which Belgian regulation requires, or relies upon, credit ratings. It then describes Belgian regulation applicable to credit …

of conduct of business regulation. The two theses I examine have been heavily informed, on the one hand, by the … protection regulation. Then, I focus on the various arguments juxtaposed and discuss their reasoning. I argue that the the … economic case for conduct of business regulation remains as much obsure as controversial …