Keeping Pace with Change: Fintech and the Evolution of Commercial Law

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1616358750
Total Pages : 31 pages
Book Rating : 4.6/5 (163 download)

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Book Synopsis Keeping Pace with Change: Fintech and the Evolution of Commercial Law by : International Monetary Fund

Download or read book Keeping Pace with Change: Fintech and the Evolution of Commercial Law written by International Monetary Fund and published by International Monetary Fund. This book was released on 2022-01-27 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: This note explores the interactions between new technologies with key areas of commercial law and potential legal changes to respond to new developments in technology and businesses. Inspired by the Bali Fintech Agenda, this note argues that country authorities need to closely examine the adequacy of their legal frameworks to accommodate the use of new technologies and implement necessary legal reform so as to reap the benefits of fintech while mitigating risks. Given the cross-border nature of new technologies, international cooperation among all relevant stakeholders is critical. The note is structured as follows: Section II describes the relations between technology, business, and law, Section III discusses the nature and functions of commercial law; Section IV provides a brief overview of developments in fintech; Section V examines the interaction between technology and commercial law; and Section VI concludes with a preliminary agenda for legal reform to accommodate the use of new technologies.

Introducing a General Anti-Avoidance Rule (GAAR)

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Publisher : International Monetary Fund
ISBN 13 : 1513515829
Total Pages : 12 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Introducing a General Anti-Avoidance Rule (GAAR) by : Mr.Christophe J Waerzeggers

Download or read book Introducing a General Anti-Avoidance Rule (GAAR) written by Mr.Christophe J Waerzeggers and published by International Monetary Fund. This book was released on 2016-01-31 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tax avoidance continues to attract attention globally with strong support for tax law reform at all levels. This Tax Law IMF Technical Note focuses on some of the key design and drafting considerations of one specific legal instrument (being, a statutory general anti-avoidance rule (GAAR)) which is often considered by authorities to combat unacceptable tax avoidance practices. A GAAR is typically designed to strike down those otherwise lawful practices that are found to be carried out in a manner which undermines the intention of the tax law such as where a taxpayer has misused or abused that law. However, the objective of combating unacceptable tax avoidance can itself make the legal design of a GAAR complex. This is simply because the phrase “tax avoidance” means different things to different people. Whatever the form of a GAAR, it should give effect to a policy that seeks to strike down blatant, artificial or contrived arrangements which are tax driven. However, the GAAR should be designed and applied so as not to inhibit or impede ordinary commercial transactions. This Tax Law IMF Technical Note discusses and explores how drawing a line between those arrangements which should be caught by the GAAR is a matter of degree and can be delicate.

Capitalism, Alone

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Author :
Publisher : Harvard University Press
ISBN 13 : 0674260309
Total Pages : 305 pages
Book Rating : 4.6/5 (742 download)

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Book Synopsis Capitalism, Alone by : Branko Milanovic

Download or read book Capitalism, Alone written by Branko Milanovic and published by Harvard University Press. This book was released on 2021-09-07 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the first time in history, the globe is dominated by one economic system. Capitalism prevails because it delivers prosperity and meets desires for autonomy. But it also is unstable and morally defective. Surveying the varieties and futures of capitalism, Branko Milanovic offers creative solutions to improve a system that isn’t going anywhere.

International Financial Statistics Yearbook, 2018

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Publisher : International Monetary Fund
ISBN 13 : 1484354281
Total Pages : 1471 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis International Financial Statistics Yearbook, 2018 by : International Monetary Fund. Statistics Dept.

Download or read book International Financial Statistics Yearbook, 2018 written by International Monetary Fund. Statistics Dept. and published by International Monetary Fund. This book was released on 2018-08-01 with total page 1471 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2018 yearbook issue of International Financial Statistics (IFS) is a standard source of statistics on all aspects of international and domestic finance. The IMF publishes calculated effective exchange rates data only for countries that have given their approval. The country, euro area, and world tables provide measures of effective exchange rates, compiled by the IMF’s Research Department, Statistics Department, and area departments. The real effective exchange rate index in line rec is derived from the nominal effective exchange rate index, adjusted for relative changes in consumer prices. Consumer price indices, often available monthly, are used as a measure of domestic costs and prices for these countries.

Rule of Law Dynamics

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Author :
Publisher : Cambridge University Press
ISBN 13 : 1139510975
Total Pages : 401 pages
Book Rating : 4.1/5 (395 download)

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Book Synopsis Rule of Law Dynamics by : Michael Zurn

Download or read book Rule of Law Dynamics written by Michael Zurn and published by Cambridge University Press. This book was released on 2012-06-18 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume explores the various strategies, mechanisms and processes that influence rule of law dynamics across borders and the national/international divide, illuminating the diverse paths of influence. It shows to what extent, and how, rule of law dynamics have changed in recent years, especially at the transnational and international levels of government. To explore these interactive dynamics, the volume adopts an interdisciplinary approach, bringing together the normative perspective of law with the analytical perspective of social sciences. The volume contributes to several fields, including studies of rule of law, law and development, and good governance; democratization; globalization studies; neo-institutionalism and judicial studies; international law, transnational governance and the emerging literature on judicial reforms in authoritarian regimes; and comparative law (Islamic, African, Asian, Latin American legal systems).

International Law in Financial Regulation and Monetary Affairs

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Publisher : Oxford University Press
ISBN 13 : 0199668191
Total Pages : 470 pages
Book Rating : 4.1/5 (996 download)

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Book Synopsis International Law in Financial Regulation and Monetary Affairs by : Thomas Cottier

Download or read book International Law in Financial Regulation and Monetary Affairs written by Thomas Cottier and published by Oxford University Press. This book was released on 2012-10-04 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analysing the emerging international legal framework governing financial institutions and markets, including monetary policies and monetary regulation, this book addresses the cross border issues that arise within this area. It highlights the lack of formal international law present, and shows how this contributed to the global financial crisis.

Model Rules of Professional Conduct

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Author :
Publisher : American Bar Association
ISBN 13 : 9781590318737
Total Pages : 216 pages
Book Rating : 4.3/5 (187 download)

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Book Synopsis Model Rules of Professional Conduct by : American Bar Association. House of Delegates

Download or read book Model Rules of Professional Conduct written by American Bar Association. House of Delegates and published by American Bar Association. This book was released on 2007 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.

Legal Aspects of Central Bank Digital Currency: Central Bank and Monetary Law Considerations

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Author :
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781513561622
Total Pages : 51 pages
Book Rating : 4.5/5 (616 download)

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Book Synopsis Legal Aspects of Central Bank Digital Currency: Central Bank and Monetary Law Considerations by : Wouter Bossu

Download or read book Legal Aspects of Central Bank Digital Currency: Central Bank and Monetary Law Considerations written by Wouter Bossu and published by INTERNATIONAL MONETARY FUND. This book was released on 2020-11-20 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the legal foundations of central bank digital currency (CBDC) under central bank and monetary law. Absent strong legal foundations, the issuance of CBDC poses legal, financial and reputational risks for central banks. While the appropriate design of the legal framework will up to a degree depend on the design features of the CBDC, some general conclusions can be made. First, most central bank laws do not currently authorize the issuance of CBDC to the general public. Second, from a monetary law perspective, it is not evident that “currency” status can be attributed to CBDC. While the central bank law issue can be solved through rather straithforward law reform, the monetary law issue poses fundmental legal policy challenges.

Global Governance and the Emergence of Global Institutions for the 21st Century

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Publisher : Cambridge University Press
ISBN 13 : 1108476961
Total Pages : 561 pages
Book Rating : 4.1/5 (84 download)

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Book Synopsis Global Governance and the Emergence of Global Institutions for the 21st Century by : Augusto Lopez-Claros

Download or read book Global Governance and the Emergence of Global Institutions for the 21st Century written by Augusto Lopez-Claros and published by Cambridge University Press. This book was released on 2020-01-23 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: Identifies the major weaknesses in the current United Nations system and proposes fundamental reforms to address each. This title is also available as Open Access.

The United Nations Rule of Law Indicators

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Publisher :
ISBN 13 : 9789211012477
Total Pages : 0 pages
Book Rating : 4.0/5 (124 download)

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Book Synopsis The United Nations Rule of Law Indicators by :

Download or read book The United Nations Rule of Law Indicators written by and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Building and strengthening the 'rule of law' in developing nations, particularly countries in transition or emerging from a period of armed conflict, has become a central focus of the work of the United Nations. As a result, there is a growing demand throughout the United Nations system to better understand the delivery of justice in conflict and post-conflict situations and the impact of developments in this area. The United Nations Department of Peacekeeping Operations (DPKO) and the Office of the United Nations High Commissioner for Human Rights (OHCHR), in cooperation with other United Nations departments, agencies, funds and programmes, have developed an instrument to monitor changes in the performance and fundamental characteristics of criminal justice institutions in conflict and post-conflict situations. The instrument consists of a set of indicators, the United Nations Rule of Law indicators. This guide describes how to implement this instrument and measure these indicators"--P. v.

Suppressing the Financing of Terrorism

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Publisher : International Monetary Fund
ISBN 13 : 9781589062252
Total Pages : 163 pages
Book Rating : 4.0/5 (622 download)

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Book Synopsis Suppressing the Financing of Terrorism by :

Download or read book Suppressing the Financing of Terrorism written by and published by International Monetary Fund. This book was released on 2003-01-01 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook seeks to provide technical guidance for IMF member countries and other jurisdictions preparing legislation to meet international standards aimed at combating the financing of terrorism. It contains information on key legal source materials and includes examples of drafting legislation on specific matters such as: defining terrorist acts such as money laundering and conspiracy; jurisdictional and procedural issues; freezing and seizing terrorist assets; and international co-operation.

Between Light and Shadow

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Author :
Publisher :
ISBN 13 : 9781472562739
Total Pages : 353 pages
Book Rating : 4.5/5 (627 download)

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Book Synopsis Between Light and Shadow by : Mac Darrow

Download or read book Between Light and Shadow written by Mac Darrow and published by . This book was released on 2003 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The International Monetary Fund under Constraint

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Publisher : BRILL
ISBN 13 : 9004479007
Total Pages : 440 pages
Book Rating : 4.0/5 (44 download)

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Book Synopsis The International Monetary Fund under Constraint by : Eva Riesenhuber

Download or read book The International Monetary Fund under Constraint written by Eva Riesenhuber and published by BRILL. This book was released on 2021-08-04 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Monetary Fund under Constraint exposes a legal dilemma facing the IMF as it tackles international crisis management. Using the Asian crisis - and more particularly economic and political events in Indonesia - as an example, this volume examines whether the Fund's activities in Asia were legally justified. The results of this analysis lead to the following question: What future role can the IMF play in the international financial architecture? The principles of international law and the legal foundations of the Fund are used to analyse the reform suggestions of economic experts and to find a suitable concept for future IMF involvement in financial crises and crises prevention. This volume is a long-overdue legal analysis of IMF activities. It presents the combination of law and economics which was originally at the heart of the IMF but which so far has been ignored in today's reform discussion.

Transnational Law

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Publisher :
ISBN 13 :
Total Pages : 136 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Transnational Law by : Philip Caryl Jessup

Download or read book Transnational Law written by Philip Caryl Jessup and published by . This book was released on 1956 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Unique Nature of the Responsibilities of the International Monetary Fund

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Author :
Publisher : International Monetary Fund
ISBN 13 : 9781557752284
Total Pages : 76 pages
Book Rating : 4.7/5 (522 download)

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Book Synopsis The Unique Nature of the Responsibilities of the International Monetary Fund by : Mr.Manuel Guitián

Download or read book The Unique Nature of the Responsibilities of the International Monetary Fund written by Mr.Manuel Guitián and published by International Monetary Fund. This book was released on 1992-06-15 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bretton Woods constituted the first formal international agreement on a code of conduct applicable for economic transactions among countries that had subscribed to it. This pamphlet focuses on only one aspect of that code of conduct: the norms that have guided the conduct of financial and exchange transactions among countries, as they have been presented in the original Articles of Agreement of the IMF and their subsequent amendments. The paper outlines the fundamental characteristics of the IMF, examines the direct link between surveillance and conditionalilty, explores potential risks and dangers that might compromise certain fundamental features of the institution, and presents a set of ideas and proposals to ensure the activities of the IMF maintain continuity of its institutional uniqueness.

Articles of Agreement of the International Monetary Fund

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Publisher :
ISBN 13 :
Total Pages : 80 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Articles of Agreement of the International Monetary Fund by : International Monetary Fund

Download or read book Articles of Agreement of the International Monetary Fund written by International Monetary Fund and published by . This book was released on 1944 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:

WJP Rule of Law Index 2016

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Publisher :
ISBN 13 : 9780988284609
Total Pages : 204 pages
Book Rating : 4.2/5 (846 download)

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Book Synopsis WJP Rule of Law Index 2016 by :

Download or read book WJP Rule of Law Index 2016 written by and published by . This book was released on 2016-10-20 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: The World Justice Project (WJP) joins efforts to produce reliable data on rule of law through the WJP Rule of Law Index 2016, the sixth report in an annual series, which measures rule of law based on the experiences and perceptions of the general public and in-country experts worldwide. We hope this annual publication, anchored in actual experiences, will help identify strengths and weaknesses in each country under review and encourage policy choices that strengthen the rule of law. The WJP Rule of Law Index 2016 presents a portrait of the rule of law in each country by providing scores and rankings organized around eights factors: constraints on government powers, absence of corruption, open government, fundamental rights, order and security, regulatory enforcement, civil justice, and criminal justice. A ninth factor, informal justice, is measured but not included in aggregated scores and rankings. These factors are intended to reflect how people experience rule of law in everyday life. The country scores and rankings for the WJP Rule of Law Index 2016 are derived from more than 110,000 households and 2,700 expert surveys in 113 countries and jurisdictions. The Index is the world%s most comprehensive data set of its kind and the only to rely solely on primary data, measuring a nation%s adherence to the rule of law from the perspective of how ordinary people experience it. These features make the Index a powerful tool that can help identify strengths and weaknesses in each country, and help to inform policy debates, both within and across countries, that advance the rule of law.