#regualtion

[econsociology]

On the problematic present and the desired future of Regulation studies in the view of Climate Change

[moneyfyi]

You Cannot Regulate what You  Don't Understand

You Cannot Regulate what You Don’t Understand

Last week a comment on an article about financial regulation expressed the thought that regulators should have appropriate licenses and have experience in the industry.  Without that they tend to miss important elements.  Regulation with no standard of comparison won’t work. Let’s look at three levels of behaviour either in force or proposed. Suitability The product or procedure recommended is…

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[urbanoceros]

Would your city allow this street to be built today?

[econsociology]

Who is watching the #finance industry? There have been multiple waves of thought about whether the ministry of finance, the central bank, a specialized regulator or some combination of these should have supervisory authority. These waves have been associated with the convergence of actual practices. How much and through what channels did internationally promoted ideas about supervisory ‘best practice' influence institutional design choices?  Christopher Gandrud (Hertie School of Governance) uses a new dataset of 83 countries and jurisdictions between the 1980s and 2007 to examine the diffusion of supervisory ideas. With this data, Gandrud employ Cox Proportional Hazard and Competing Risks Event History Analyses to evaluate the possible causal roles best practice policy ideas might have played. The paper finds and shows that banking crises and certain peer groups can encourage policy convergence on heavily promoted ideas, like the UK FSA model of financial supervision.

[r5familylover]

you know you have no life when you read all of itunes rules and regulations

[esdc]

Via Manila Standard

Several investors are poised to acquire Okada's casino license if Pagcor decides to revoke the license due to bribery allegations. Depending on the outcome of the hearing the HoR could recommend cancellation of the license.

Okada had originally planned to build a $2 billion resort-casino complex.