kaal:claim:2998097-007

Proposals to improve close-out netting agreements and to harmonize standard documentation across jurisdictions are likely to run into jurisdictional arbitrage and national protectionism.

Source quote, verbatim
Proposals calling for improvements in close-out netting agreements for financial contracts and calls for harmonized standard documentation across jurisdictions may encounter jurisdictional arbitrage and national protectionism.41
From

Wulf A. Kaal, Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016 (2017), III.1 Critique of Regulatory Proposals, p. 13
https://ssrn.com/abstract=2998097 · source PDF

Cite as

Wulf A. Kaal, Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016 (2017). SSRN: https://ssrn.com/abstract=2998097

Holds when
Classification

failuresupport: arguedfailure: Harmonization defeated by jurisdictional arbitragefamily: harmonization-and-standardization-failureregulatory-failure

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