Abstract China has confirmed its ambition to join the global competition for international business dispute resolution services by establishing International Commercial Court (CICC). The CICC now begun operation following a judicial interpretation issued Supreme People's Court. By examining trial process of as set out and comparing rules with other commercial courts, this article provides detailed overview critical analysis issues surrounding cases brought CICC. Overall, compared approaches...

... An effect of the Global Financial Crisis (GFC) has been renewal regulatory coordination and integration as a topic central importance. This is highlighted by academic discussion, policy proposals steady emergence empirical examples integration. The precise nature these discussions, extremely varied in both their complexity sophistication. Although an important body scholarly literature emerged concerning area derivatives regulation,1 to date focused on analysing specific initiatives...

Journal Article Cross-border cooperation in financial regulation: crossing the Fintech bridge Get access Lev Bromberg, Bromberg Search for other works by this author on: Oxford Academic Google Scholar Andrew Godwin, Godwin Ian Ramsay Capital Markets Law Journal, Volume 13, Issue 1, January 2018, Pages 59–84, https://doi.org/10.1093/cmlj/kmx041 Published: 08 December 2017 history Accepted: 27 October

Journal Article Trends and Developments in Chinese Insolvency Law: The First Decade of the PRC Enterprise Bankruptcy Law Get access Stacey Steele, Steele Associate Professor, Director (Japan), Asian Centre, Melbourne School Search for other works by this author on: Oxford Academic Google Scholar Andrew Godwin, Godwin Transactional Law, Director, a.godwin@unimelb.edu.au Jin Chun, Chun Doshisha University, Japan Visiting Scholar, Han Changyin, Changyin KoGuan Chair Professor Shanghai Jiao Tong...

Since 1998, almost 80% of OECD countries have changed their financial regulatory architecture.1 Various factors, including the growing complexity products, increasing challenge ...

The proposed reforms to financial regulation in South Africa, as embodied the Financial Sector Regulation Bill, (second draft, 10 December, 2014) ('FSR Bill'), represent most important Africa's regulatory architecture since 1987 de Kock Commission. degree which these succeed will determine extent Africa can maintain stability, and manage effects of a future crisis.

Abstract The weighty and difficult issues associated with cross‐border insolvency have generated considerable debate over the last two decades. Legislative reform has typically proven slow fragmented. This article analyses inherent power of common law courts to grant assistance in proceedings basis on which is exercised. In doing so, it seeks explore how may continue be utility courts. particular, considers position jurisdictions that are yet adopt United Nations Commission International...

Abstract The increasing integration of regional markets in Southeast Asia has led to the need for a framework financial consumer protection. Access affordable redress mechanisms is essential confidence ASEAN’s burgeoning markets. Drawing on established channels cooperation among ASEAN Member States, this article proposes based international best practices and existing dispute resolution 5 countries. It explores cross-border facilitate effective disputes arising from transactions. Key...

This paper is one of a series working papers that explore various aspects Australia's system financial regulation and the relevance its experience to reform in other countries. Adopting broad perspective outlines context which operates Australia, it examines anatomy 'twin peaks' model as exists Australia from legal regulatory how deals with fundamental issues. The twin peaks functionally based. functions for are consolidated into two regulators: Australian Securities Investments Commission,...

The limited effectiveness of disclosure, as a means enabling retail investors to make informed decisions about financial products and services, is well known. This not due lack effort on the part legislators, regulators market participants in sector. In recent years, there have been numerous reforms that are designed increase readability disclosure documents and, consequently, likelihood will engage with them. These include limiting length 1 also prescribing requirements respect their...

This paper traces the evolution of Twin Peaks model financial regulation in Australia, outlines certain key aspects and draws comparisons with that is being implemented South Af...

A fundamental principle that underpins the securities and financial markets is investors, both institutional retail should be given all information necessary to enable them make informed decisions about whether acquire or invest in products. In conjunction with advice measures improve literacy, a core mechanism for implementing this use of disclosure documents. These come variety forms, ranging from lengthy prospectuses offer documents, short-form documents are designed it easier...

The preliminary findings presented in this paper indicate that criminal enforcement was more prevalent than civil and there a significant emphasis on incapacitative sanctions such as prison sentences management disqualification orders. Monetary were less frequently imposed tended to be of low magnitude relative the statutory maximum sanctions. Criminal had similarly high success rates process only slightly faster process, suggesting is effective from procedural perspective. In sum, both ASIC...

The London Interbank Offered Rate and forex scandals have shaken public trust in the global financial system. Despite nature of scandals, role international cooperation preventing benchmark manipulation has been surprisingly overlooked. Benchmark reform tended to focus on structural changes administration regulation, with a particular emphasis quality, methodology governance. Where occurred, it operate ex post, facilitating cross-border investigations after crises already revealed. ante...