August 06, 2014
Avoiding The Problem Of Disregard In International Regulation
Posted by David Zaring

In the American Journal of International Law, Dick Stewart has an excellent piece on Remedying Disregard In Global Regulatory Governance: Accountability, Participation, and Responsiveness.  I've got a commentary on it over at AJIL Unbound.  A taste:

It may also be the case that as these bodies weave increasingly elaborate cross-border regulatory webs, they have no choice but to resort to something that looks quite law-like. In financial regulation, I view global administration as a sort of administration that has increasingly adopted stable bedrock principles that would be familiar to any international economic lawyer; indeed, given the importance of the cross-border work done to oversee financial institutions, it would be surprising if a measure of consistently applied rules, reason-giving, and transparency were not adopted.  The banks being supervised would certainly find it arbitrary if done differently.

Do give the rest a look

Administrative Law, Globalization/Trade | Bookmark

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