Regulatory cycles would benefit from supplementing, rather than replacing, the existing regulatory framework with dynamic elements.
Source quote, verbatim
The author identifies common elements of regulatory crises and suggests normatively that regulatory cycles could benefit from supplementing the existing regulatory framework with dynamic elements.
From
Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013), III. Dynamic Regulation of the Financial Services Industry, p. 23 https://ssrn.com/abstract=2273857 · source PDF
Cite as
Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013). SSRN: https://ssrn.com/abstract=2273857
Holds when
dynamic elements operate as a supplement to stable rules
restated_bykaal:claim:2831040-014 Dynamic elements in the regulation of innovation are a supplement to the existing regulatory framework rather ...
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