kaal:claim:2273857-007

Initiatives for sustainable financial regulation are largely missing, because anticipation of unknown future contingencies and preemption of possible future crises play no significant role either in the current regulatory framework or in the literature on financial regulation.

However, initiatives for sustainable financial regulation are still largely missing. Anticipation of unknown future contingencies and the preemption of possible future crises do not play a significant role in the current regulatory framework or in the literature on financial regulation.

Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013), I. Introduction, p. 9
https://ssrn.com/abstract=2273857 · source PDF

Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013). SSRN: https://ssrn.com/abstract=2273857

failuresupport: arguedfailure: absence of anticipatory rulemakingfamily: regulatory-laginstitutional-design

• restated_by kaal:claim:kaal-2013-acomparativeperspectiveo-028 Following enactment, governance adjustments are often later repealed or diluted, and anticipation of future de...

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