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Institute
- Rechtswissenschaft (143) (remove)
This paper outlines relatively easy to implement reforms for the supervision of transnational banking-groups in the E.U. that should not be primarily based on legal form but on the actual risk structures of the pertinent financial institutions. The proposal also aims at paying close attention to the economics of public administration and international relations in allocating competences among national and supranational supervisory bodies. Before detailing the own proposition, this paper looks into the relationship between sovereign debt and banking crises that drive regulatory reactions to the financial turmoil in the Euro area. These initiatives inter alia affirm effective prudential supervision as a pivotal element of crisis prevention. In order to arrive at a more informed idea, which determinants apart from a perceived appetite for regulatory arbitrage drive banks’ organizational choices, this paper scrutinizes the merits of either a branch or subsidiary structure for the cross-border business of financial institutions. In doing so, it also considers the policy-makers perspective. The analysis shows that no one size fits all organizational structure is available and concludes that banks’ choices should generally not be second-guessed, particularly because they are subject to (some) market discipline. The analysis proceeds with describing and evaluating how competences in prudential supervision are currently allocated among national and supranational supervisory authorities. In order to assess the findings the appraisal adopts insights form the economics of public administration and international relations. It argues that the supervisory architecture has to be more aligned with bureaucrats’ incentives and that inefficient requirements to cooperate and share information should be reduced. Contrary to a widespread perception, shifting responsibility to a supranational authority cannot solve all the problems identified. Resting on these foundations, the last part of this paper finally sketches an alternative solution that dwells on far-reaching mutual recognition of national supervisory regimes and allocates competences in line with supervisors’ incentives and the risk inherent in crossborder banking groups.
Principles can be directly expressed by law or may be found in jurisprudence, philosophy or literature. Often the principles are contradictory, as in the case of transparency and the taboo of state information disclosure. At the individual level, transparency and taboo, the sense and purpose of privacy may compliment each other. Moreover the rise of cyberspace has blurred the distinction between privacy and public. The taboo is widening. The development of the internet and of the social networks can alter the once apparently stable legal situation, bringing a new dynamic into play in both state and individual spheres. In the context of the internet it is as though the secret workings of the state are projected on its "walls and facades", reminding us of Plato's "Myth of the Cave". As Plato described, disillusionment and reflexive defensiveness can follow.
Free riders play fair
(2012)
After the demise of the social contract theory, the argument from fair play, which employs the principle of fair play, has been widely acknowledged as one of the most promising ways of justifying political obligation. First, I articulate the most promising version of the principle of fair play. Then, I show that free riders play fair, that is, that their moral fault lies not in unfairness but in the violation of a rule by appealing to the example of three-in-a-boat. Finally, I conclude that even the most promising version is false because those who have accepted benefits from a social cooperative scheme do not owe an obligation of fair play.
Seit dem 17. Jahrhundert gibt es historische Reflexionen darüber, wie und warum das antike römische Recht, geformt durch Lehre und Praxis des mittelalterlichen Italiens nördlich der Alpen, "rezipiert" worden sei. Ebenso diskutierte man seit dem 19. Jahrhundert über das Lübecker Stadtrecht im Rahmen der Hanse sowie die Ausbreitung des Magdeburger Rechts auf Städte im slawischen Osten. Die heutige Rechtsgeschichte sucht nach neuen Modellen und Terminologien, um den Transfer von Gesetzbüchern, Rechtsprinzipien, Institutionen, Rechtssprache oder kulturellem Habitus von Rechtsanwendern angemessener zu erfassen. Berichtet wird hier über ein Südosteuropaprojekt (1850 bis 1933) mit Blick auf den Transfer normativer Ordnungen (Verfassungsrecht, Zivilrecht, Strafrecht) in ehemaligen Provinzen des Osmanischen Reichs, die nun zu jungen Nationalstaaten wurden, etwa Griechenland, Rumänien, Bulgarien, Serbien, Montenegro und Albanien.
Die Wissenschaftsgeschichte des öffentlichen Rechts, ein noch schwaches Pflänzchen im Garten der Rechtsgeschichte, kann erfreuliche Zuwächse verzeichnen, und zwar aus der Schweiz. Zum einen sind in Band 130 (2011) der Zeitschrift für Schweizerisches Recht zwei große, fast Buchformat erreichende Aufsätze erschienen, von Anne-Christine Favre, Cent ans de droit administratif: de la gestion des biens de police à celle des risques environnementeaux, 227–330 sowie von Benjamin Schindler, 100 Jahre Verwaltungsrecht in der Schweiz, S. 331–437. Zum anderen gibt es das hier zu würdigende Werk von Andreas Kley, der in Zürich Öffentliches Recht, Verfassungsgeschichte sowie Staats- und Rechtsphilosophie lehrt. Nimmt man diese drei Arbeiten zusammen und fügt noch die Verfassungsgeschichte der Schweiz des unvergessenen Alfred Kölz (1944–2003) hinzu, dann kann geradezu von einem Quantensprung gesprochen werden. ...
Some advances in legal practical reason: for a progressive dialogue with contemporary hermeneutics
(2012)
This paper intends to critically discuss some points of the contemporary thesis concerning constitutional hermeneutics and methodology of law. Once identified some authors and the lines of argumentation affiliated grosso modo to the linguistic turn and rhetoric, as well as the core of the transcendental powers of communication (v.g. N. MacCormick, R. Alexy, K. Günther), the objective is to identify some dialogue with economics and political science, enlightened by recent researches about Hegel-Marx interpretations of social life. Of course the discussion inevitably passes through methodological questions, opposing analytics vs. dialectics, idealistic vs. realists standpoints. In a effort to foment the inclusive dialogue between points of view concerning the concept of law that may create (not necessarily) radical opponents, the lines of conclusion intents to revisit some foundations of Hegelian "method" (so to speak) and intends to give a modest contribution to a more profound analysis of the relations between sein and sollen categories, in order to enrich the discussions about technology and social life, specially the life of the law nowadays.
In this paper I demonstrate the utility of a Values in Design (VID) perspective for the assessment, the design and development of e-democracy tools. In the first part, I give some background information on Values in Design and Value-Sensitive Design and their relevance in the context of e-democracy. In part 2, I analyze three different e-democracy tools from a VID-perspective. The paper ends with some conclusions concerning the merits of VID for e-democracy as well as some considerations concerning the dual tasks of philosophers in assessing and promoting value-sensitive technology design.
The improvement of accident prevention technology in many fields of social life has spurred new challenges to the doctrinal tools of fault and strict based civil liability in the law of torts. Amid these challenges lies the identification of the proper scope of the respective criteria of liability in a changing factual environment, their suitability as doctrinal tools, as well as their actual application to concrete cases given the amount of information which would be needed to render adequate judgments. Precedents and old laws should be assessed with caution, taking into account the tacit cost-benefit analysis embedded in them, for they may or may not serve the interests of welfare maximization in an environment with constantly renewed accident prevention technology.
The development of laboratory animal science and animal care of legislation and the consummation
(2012)
Laboratory animal science is the use of non-human animals in experiments to obtain new knowledge and new technologies in biomedical research and testing. In order to develop science and technology, the human carried out a large number of animal experiments, these experiments greatly expanded the vision of related research field, and make a great contribution to human beings. Meanwhile, animal experiments also bring us a certain extent of negative effects. Countries around the world have adopted legislative measures to regulate behavior of animal experiments, but in the process of legislation and enforcement are not wholly satisfactory. On the basis of present situation of laboratory animal science and existing problems, with the comparison of animal welfare act between Europe and China, the author puts forward the ideas of perfecting experimental animals’ laws and its enforcement proposals.