The Experts below are selected from a list of 117 Experts worldwide ranked by ideXlab platform
Daniel Cash - One of the best experts on this subject based on the ideXlab platform.
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Credit Rating Agency Regulation in the UK If and When Article 50 is Invoked: Round Holes for a Square Peg?
European Business Law Review, 2017Co-Authors: Daniel CashAbstract:The decision taken by British voters to leave the European Union has created uncertainty in all walks of life, ranging from everyday concerns to professional anxiety. In this article, the focus is on the UK’s Regulation of the Credit Rating Industry if and when Article 50 is invoked. The aim of the article is to examine some potential options available to policymakers and legislators in terms of their validity for taking on such an important task. Whilst it is not guaranteed that the UK will take sole responsibility for the Regulation of credit rating agencies in its jurisdiction, it is likely. Therefore, assessing the credentials of the relevant agencies is a worthwhile endeavour. Yet, each option comes with its own set of issues, as will be discussed, so the article concludes by offering an option that may negate such issues whilst continuing to regulate the credit rating agencies efficiently and effectively.
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Credit rating Agency Regulation after the UK's EU membership referendum
2016Co-Authors: Daniel CashAbstract:Assesses the implications of the UK's decision to withdraw from the EU for the Regulation of its credit rating industry. Discusses the current rules of the Credit Rating Agencies Regulations 2010. Considers how the likelihood that a "post-Brexit" UK will be increasingly dependent on its financial services sector might affect the approach taken towards its Regulation.
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credit rating Agency Regulation after the uk s european union membership referendum
Social Science Research Network, 2016Co-Authors: Daniel CashAbstract:In response to the decision by British voters to leave the European Union in the recent referendum, this article discusses what may lie ahead for the Regulation of the credit rating industry in the U.K. With the withdrawal from the Union meaning that the U.K. must now establish its own distinct Laws that will govern the Rating Industry, having relied upon the EU beforehand, understanding what may affect the approach taken is of concern for this short article.
Daniel R Coquillette - One of the best experts on this subject based on the ideXlab platform.
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Zacharias’s Prophecy: The Federalization of Legal Ethics Through Legislative, Court, and Agency Regulation
The San Diego law review, 2011Co-Authors: Daniel R Coquillette, Judith A. McmorrowAbstract:In his 1994 seminal article on Federalizing Legal Ethics, Prof. Fred Zacharias examined the need for a national and uniform code of ethics for attorneys. Prof. Zacharias was correct that there has been increasing pressure to federalize legal ethics, but that process is occurring not through articulation of national norms but rather through decentralized contextualization of attorney conduct norms. Federal agencies that direct securities practice, immigration, tax, patent, labor and many other areas of federal practice are increasingly supplementing state Regulations to specifically regulate the attorneys who appear before their agencies. Targeted substantive federal law and treaty obligations also increasingly apply to attorneys. The effect is to slowly move the center of gravity of attorney Regulation toward a complex web of federal Regulation in the many areas that involve federal interests. This process offers some important benefits of contextualization and carries some risk, including conflicts between federal and state norms. Our robust experience with federalism provides a mechanism to work through these tensions and differences.
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zacharias s prophecy the federalization of legal ethics through legislative court and Agency Regulation
The San Diego law review, 2011Co-Authors: Daniel R Coquillette, Judith A. McmorrowAbstract:In his 1994 seminal article on Federalizing Legal Ethics, Prof. Fred Zacharias examined the need for a national and uniform code of ethics for attorneys. Prof. Zacharias was correct that there has been increasing pressure to federalize legal ethics, but that process is occurring not through articulation of national norms but rather through decentralized contextualization of attorney conduct norms. Federal agencies that direct securities practice, immigration, tax, patent, labor and many other areas of federal practice are increasingly supplementing state Regulations to specifically regulate the attorneys who appear before their agencies. Targeted substantive federal law and treaty obligations also increasingly apply to attorneys. The effect is to slowly move the center of gravity of attorney Regulation toward a complex web of federal Regulation in the many areas that involve federal interests. This process offers some important benefits of contextualization and carries some risk, including conflicts between federal and state norms. Our robust experience with federalism provides a mechanism to work through these tensions and differences.
Judith A. Mcmorrow - One of the best experts on this subject based on the ideXlab platform.
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Zacharias’s Prophecy: The Federalization of Legal Ethics Through Legislative, Court, and Agency Regulation
The San Diego law review, 2011Co-Authors: Daniel R Coquillette, Judith A. McmorrowAbstract:In his 1994 seminal article on Federalizing Legal Ethics, Prof. Fred Zacharias examined the need for a national and uniform code of ethics for attorneys. Prof. Zacharias was correct that there has been increasing pressure to federalize legal ethics, but that process is occurring not through articulation of national norms but rather through decentralized contextualization of attorney conduct norms. Federal agencies that direct securities practice, immigration, tax, patent, labor and many other areas of federal practice are increasingly supplementing state Regulations to specifically regulate the attorneys who appear before their agencies. Targeted substantive federal law and treaty obligations also increasingly apply to attorneys. The effect is to slowly move the center of gravity of attorney Regulation toward a complex web of federal Regulation in the many areas that involve federal interests. This process offers some important benefits of contextualization and carries some risk, including conflicts between federal and state norms. Our robust experience with federalism provides a mechanism to work through these tensions and differences.
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zacharias s prophecy the federalization of legal ethics through legislative court and Agency Regulation
The San Diego law review, 2011Co-Authors: Daniel R Coquillette, Judith A. McmorrowAbstract:In his 1994 seminal article on Federalizing Legal Ethics, Prof. Fred Zacharias examined the need for a national and uniform code of ethics for attorneys. Prof. Zacharias was correct that there has been increasing pressure to federalize legal ethics, but that process is occurring not through articulation of national norms but rather through decentralized contextualization of attorney conduct norms. Federal agencies that direct securities practice, immigration, tax, patent, labor and many other areas of federal practice are increasingly supplementing state Regulations to specifically regulate the attorneys who appear before their agencies. Targeted substantive federal law and treaty obligations also increasingly apply to attorneys. The effect is to slowly move the center of gravity of attorney Regulation toward a complex web of federal Regulation in the many areas that involve federal interests. This process offers some important benefits of contextualization and carries some risk, including conflicts between federal and state norms. Our robust experience with federalism provides a mechanism to work through these tensions and differences.
Charles D. Kolstad - One of the best experts on this subject based on the ideXlab platform.
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The Law and Economics of Hazardous Materials Transportation: Regulating Harm by Administrative Agency and Tort Liability
Transportation of Hazardous Materials, 1993Co-Authors: Thomas S. Ulen, Charles D. KolstadAbstract:This paper concerns the appropriate method of regulating the transportation of hazardous materials. These materials, when in transit, present the possibility of harm to innocent parties and thus raise the public policy issue of how best to achieve the socially optimal amount of precaution. Current policy relies principally on ex ante administrative Agency Regulation of shippers through the Hazardous Materials Transportation Uniform Safety Act of 1990 (HMTUSA). There is a complementary method of regulating these harms—exposing the potential wrongdoer to ex post tort liability. We argue here for two changes in current policy: (1) relatively greater reliance than is currently the case on ex post tort liability and less reliance on ex ante administrative Agency Regulation, and (2) a method for deciding whether strict liability or negligence liability is the more appropriate liability standard to use to achieve the socially optimal amount of precaution from harms arising from the transportation of hazardous materials.
Emmanuelle Auriol - One of the best experts on this subject based on the ideXlab platform.
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infrastructure and public utilities privatization in developing countries
The World Bank Economic Review, 2006Co-Authors: Emmanuelle Auriol, Pierre PicardAbstract:The paper analyzes governments' tradeoff between fiscal benefits and consumer surplus in privatization reforms of noncompetitive industries in developing countries. Under privatization, the control rights are transferred to private interests so that public subsidies decline. This benefit for tax-payers comes at the cost of price increases for consumers. In developing countries, tight budget constraints imply that privatization may be optimal for low profitability segments. For highly profitable public utilities, the combination of allocative inefficiency and critical budgetary conditions may favor public ownership. Finally, once a market segment gives room for more than one firm, governments prefer to regulate the industry. In the absence of a credible regulatory Agency, Regulation is achieved through public ownership.
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infrastructure and public utilities privatization in developing countries and the government s budget constraint
The World Bank Economic Review, 2006Co-Authors: Emmanuelle Auriol, Pierre PicardAbstract:The paper analyses governments’ trade-off between fiscal benefits and consumer surplus in privatization reforms of noncompetitive industries in developing countries. Under privatization, the control rights are transferred to private interests so that public subsidies decline. This benefit for tax-payers comes at the cost of price increases for consumers. In developing countries, tight budget constraints imply that privatization may be optimal for low profitability segments. For highly profitable public utilities, the combination of allocative inefficiency and critical budgetary conditions may favour public ownership. Finally, once a market segment gives room for more than one firm, governments prefer to regulate the industry. In the absence of a credible regulatory Agency, Regulation is achieved through public ownership.
