This paper serves as a brief discussion on the current international financial architecture, and the power aff orded to private actors in capital markets. When the term ‘private surveillance' is used, it denotes the activities of supervisory bodies which are privately owned, unelected and...

The paper focuses on financial regulation at an international level. More specifically, it looks on (a) the inherent tensions of financial regulation in the first place (b) the added complexity when entering the international sphere and (c) draws on some specific examples that help bring out...

Financial reform has rebalanced the power of international engagement, reducing the role of the President and his diplomats, and increasing that of Congress and independent agencies. In so doing, the reforms have readjusted a balance that many believe was skewed by the government's response to...

The Dodd-Frank Act will eliminate the requirement that credit products must be rated before they can be sold to banks and pension funds. Supporters argue that if the information in ratings is valuable, issuers or investors will choose to buy the information, even without the requirement. But...

Australia has been the lucky country for a long time. First, it rode off the sheep's back. Then it became a quarry for emerging economies. It deregulated its financial sector, abandoned manufacturing, has ridden an apparently endless urban-land boom, and has gone over 25 years without a...