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In the wake of the global financial crisis, the European Parliament and Council Regulation 1060/2009 on Credit Rating … Agencies has recently been published in the Official Journal of the European Union. With this Regulation the European Union … takes a first step in addressing calls for a better regulation of the (global) financial markets including, among other …
Persistent link: https://www.econbiz.de/10013134115
European Parliament and Council Regulation on Credit Rating Agencies. With this proposal the European Union aims at addressing … calls for more regulation of the (global) financial markets and overall improvements in the rating process of Credit Rating … authors offer a first critical comparative examination of the proposed Regulation against the background of the current regime …
Persistent link: https://www.econbiz.de/10013134767
When things go wrong, it is always good to find someone to blame. As the credit crisis started to unfold in 2007, credit rating agencies (“CRAs”) emerged as the villain – or scapegoat, one might say – for commentators and regulators alike. To sum up, observers accused CRAs of doing a...
Persistent link: https://www.econbiz.de/10013120955
area of cross-border regulation …
Persistent link: https://www.econbiz.de/10012927432
Persistent link: https://www.econbiz.de/10013023742
The protection afforded to franchisees differs widely across the world. Nations with economically strong franchise sectors typically regulate the contract’s bargaining phase and post-formation. Responding to the European Parliament’s call for a review of regulations governing Europe’s...
Persistent link: https://www.econbiz.de/10013214733
This paper discusses models of law and regulation of Artificial Intelligence (“AI”). The discussion focuses on four … models: the black letter model, the emergent model, the ethical model, and the risk regulation model. All four models …
Persistent link: https://www.econbiz.de/10013252027
University, looks at the influence of “responsive regulationtheory on the large-scale “Australian Consumer Law” reforms enacted …, including belatedly Australia, responsive regulation theory suggests that there should be scope to add a duty on suppliers of … in 2010. It outlines some frameworks developed for a chapter on “Product Safety Regulation” in the Handbook of Research …
Persistent link: https://www.econbiz.de/10013130710
relies on and endorses the constituents of collaboration. Collaborative regulation, the paper suggests, can arise out of … crisis and be justified through desires for orderliness without compulsion. But for collaborative regulation to be … observations concerning the shape and shaping of collaborative regulation in an atmosphere of more pluralist knowledge based …
Persistent link: https://www.econbiz.de/10013113931
In recent years, the Australian Securities and Investments Commission (ASIC) has increasingly intervened in private litigation. It is interesting to consider why ASIC expends its resources intervening in this private litigation, given that – at least from its point of view – one of the...
Persistent link: https://www.econbiz.de/10013119089