La régulation des marchés financiers entre pouvoirs privés économiques et ordre public économique
Marina Teller
Revue internationale de droit économique, 2019, vol. t. XXXIII, issue 1, 91-103
Abstract:
The regulation of the financial markets implodes the traditional patterns of the law. Private powers have a very particular role, both in the application of the regulation?in the form of compliance?and in the enactment of the norm, through the representation of private interests within new legislators in the field of banking and finance. While all parties contribute to the implementation of a financial public order, the judge is the ultimate guardian of a public order that creates powers that are protected from the legitimacy of traditional institutions. The question is not only legal, it is also political: the regulation of the financial markets gives rise to a public order that is less and less public and standards that are less and less legal.
Keywords: financial markets; economic public order; regulation; compliance; supreme courts (search for similar items in EconPapers)
Date: 2019
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