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
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.
|Additional Information:||© 2008 Hart Publishing|
|Library of Congress subject classification:||H Social Sciences > HG Finance
K Law > K Law (General)
|Sets:||Departments > Law|
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