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The international financial markets as a source of global law: the privatisation of rule-making?

Benjamin, Joanna and Rouch, David (2008) The international financial markets as a source of global law: the privatisation of rule-making? Law and Financial Markets Review, 2 (2). pp. 78-86. ISSN 1752-1440

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Abstract

The globalisation of the financial markets challenges the limits of national and regional law and regulation, and increases the role of market-based rules. The emphasis on principles by public-sector regulators enhances co-operation between sectors, and mirrors developments in private law. This article assesses the existing and potential role of the markets as rule-makers, and asks whether it amounts to the privatisation of law and regulation.

Item Type: Article
Official URL: http://www.hartjournals.co.uk/lfmr/index.html
Additional Information: © 2008 Hart Publishing
Library of Congress subject classification: H Social Sciences > HG Finance
K Law > K Law (General)
Sets: Departments > Law
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 11 Nov 2011 15:22
URL: http://eprints.lse.ac.uk/39440/

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