Law, Probability and Risk 4 (4):237-250 (2005)
|Abstract||Powerful, technically complex international compliance regimes have developed recently in certain professions that deal with risk: banking (the Basel II regime), accountancy (IFRS) and the actuarial profession. The need to deal with major risks has acted as a strong driver of international co-operation to create enforceable international semilegal systems, as happened earlier in such ﬁelds as international health regulations. This regulation in technical ﬁelds contrasts with the failure of an international general-purpose political and legal regime to develop. We survey the new global regulatory systems in the actuarial, banking and accounting ﬁelds, with a view to showing how the need to deal reasonably with risk has resulted in an international de facto law solidly based on correct abstract principles of probability.|
|Keywords||Risk Compliance regimes|
|Through your library||Configure|
Similar books and articles
James Franklin, Mark Burgman, Scott Sisson & J. K. Martin (2008). Evaluating Extreme Risks in Invasion Ecology: Learning From Banking Compliance. Diversity and Distributions 14:581-591.
Zhuang Cai & Peter Wheale (2009). Managing Efficient Capital Allocation with Emphasis on the Chinese Experience. Journal of Business Ethics 87:111 - 135.
Lotte Asveld (2007). Autonomy and Risk: Criteria for International Trade Regimes. Journal of Global Ethics 3 (1):21 – 38.
Björn Fasterling (2012). Development of Norms Through Compliance Disclosure. Journal of Business Ethics 106 (1):73-87.
Nigel D. White (2012). Due Diligence Obligations of Conduct: Developing a Responsibility Regime for PMSCs. Criminal Justice Ethics 31 (3):233-261.
Aline Reichow & Bärbel Dorbeck-Jung (2013). Discovering Specific Conditions for Compliance with Soft Regulation Related to Work with Nanomaterials. Nanoethics 7 (1):83-92.
Daniel W. Skubik (2009). Fethullah Gülen, Islamic Banking, and Global Finance. International Corporate Responsibility Series 4:289-304.
Jutta Brunnee, Environmental Security in the Twenty-First Century: New Momentum for the Development of International Environmental Law?
Linda C. Rodríguez (2007). How Do Managers Choose CSR Strategy. Proceedings of the International Association for Business and Society 18:240-244.
John Kadvany (1997). Varieties of Risk Representations. Journal of Social Philosophy 28 (3):123-143.
Gary E. Marchant, Douglas J. Sylvester & Kenneth W. Abbott (2008). Risk Management Principles for Nanotechnology. NanoEthics 2 (1).
E. Marchant Gary, J. Sylvester Douglas & W. Abbott Kenneth (2008). Risk Management Principles for Nanotechnology. Nanoethics 2 (1).
John D. Neill, O. Scott Stovall & Darryl L. Jinkerson (2005). A Critical Analysis of the Accounting Industry's Voluntary Code of Conduct. Journal of Business Ethics 59 (1-2):101 - 108.
Added to index2010-12-22
Total downloads4 ( #178,585 of 549,067 )
Recent downloads (6 months)2 ( #37,252 of 549,067 )
How can I increase my downloads?