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

被引：3
|
作者：
Benjamin, Joanna [1 ,2 ]
Rouch, David [2 ]
机构：
[1] London Sch Econ, London, England
[2] Freshfields Bruckhaus Deringer, London, England
来源：
LAW AND FINANCIAL MARKETS REVIEW | 2008年 / 2卷 / 02期
关键词：
D O I：
10.1080/17521440.2008.11427947
中图分类号：
D9 [法律]; DF [法律];
学科分类号：
0301 ;
摘要：
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.
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页码：78 / 86
页数：9
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