Changing Landscape of Global Financial Governance and the Role of Soft Law

Friedl Weiss is Professor emeritus of EU and International Economic Law, University of Vienna. He has been legal adviser and consultant in the EFTA and GATT Secretariats and has published widely, including EU Internal Market Law (2014); Das Recht der EU (2013); and International Law and Sustainable Development (2004).Armin J. Kammel is Professor (FH) of Banking Law and Securities Regulation at Lauder Business School (LBS) in Vienna, Faculty Member and Ehrenprofessor (Honorary Professor) at the Department of Economic Law and European Integration at Danube University Krems as well as Adjunct Faculty Member at California Lutheran University (CLU). He has widely published in the areas of international and European banking law, securities regulation, capital markets and corporate law.

• Table of ContentsForeword – Ewald NowotnyIntroducing the book – Armin J. Kammel and Friedl WeissIntroductory Remarks – Chris BrummerPart I – Theoretical Reflections1. Armin J. Kammel, “Government versus Markets – A Change in Financial Regulation”2. Aristides N. Hatzis, “A Law & Economics Framework for Financial Regulation – Ten Questions and Answers”3. Friedl Weiss, “The Institute of Soft Law – Some Theoretical Underpinnings”4. Heidi M. Schooner, “The Dogma of Capital Requirements as a Clear Response to the Financial Crisis”Part II – Specific Legal and Policy Responses5. Douglas W. Arner, “The Politics of International Financial Law in the Aftermath of the Global Financial Crisis of 2008”6. Alfred Schramm, “The Changing Landscape of European Financial Supervision from an Institutional Perspective”7. Arthur E. Wilmarth, “The Dodd-Frank Act does not solve the Too-Big-to-Fail Problem”8. Poonam Puri and Simon Kupi, "Say on Pay, Soft Law and the Regulatory Focus on Enforcement and Transparency”9. Ruth Plato-Shinar and Rolf H. Weber, “Consumer Protection through Soft Law in an Era of Global Financial Crisis”10. Christian A. Johnson, “Moving from Soft Law to Hard Law in the Derivatives Area – A Case Study”.Part III – Regional Aspects11. Sandra Annette Booysen, “Financial Regulation and the Changing Relationship between Banks and Their Customers – A Singaporean Perspective”12. Chao Xi, “From Rule-Taker to Rule-Maker: China’s Changing Roles in Global Banking Regulation”13. Chayodom Sabhasri, “Regional Financial Integration in Asia and the Challenge of The Global Financial Crisis”14. Jamshid Damooei, “Economics of the Debt Crisis and its Impact on the Developing World”15. Stephany Griffith-Jones and Matthias Thiemann, “Limiting financial crises: Demands on the new financial architecture from the perspective of NGOs and Developing Countries”