Book notes: Soft Law and the Global Financial System
Book notes: Soft Law and the Global Financial System
Chris Brummer, Soft Law and the Global Financial System, Cambridge University Press, 2012, 308 pages
In Soft Law and the Global Financial System Chris Brummer, a law professor at Georgetown University, seeks to explain and defend the role of international standards in regulating the global financial system. Soft laws are standards such as the Basel Capital Accords, the Financial Action Task Force’s Forty Recommendations to combat money laundering, or the International Financial Reporting
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