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 "identifier": "kaal:entity:regulatory-politics",
 "name": "Regulatory politics",
 "termCode": "regulatory-politics",
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 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
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  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2061166-040",
   "identifier": "kaal:claim:2061166-040",
   "text": "The Basel Committee rejected European Union Member State requests to allow contingent capital to satisfy the new capital buffer requirements under Basel III, deciding instead that systemically important institutions must meet heightened capital requirements with retained earnings and ordinary shares.",
   "abstract": "The Basel Committee rejected requests from EU Member States to use contingent capital to satisfy the new capital buffer requirements under Basel III.",
   "citation": "Christoph K. Henkel, Wulf A. Kaal, Contingent Capital in European Union Bank Restructuring (2012). SSRN: https://ssrn.com/abstract=2061166",
   "datePublished": "2012",
   "claim_type": "empirical",
   "confidence": "evidenced",
   "is_failure_mode": false,
   "scope_conditions": [
    "Basel III capital buffer requirements for systemically important financial institutions"
   ],
   "source_pdf_sha256": "43625ea260d0fc045e86d3435df50c9d0ca4abf8542e6085a6165be6653b4a7b",
   "status": "current"
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  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2816408-002",
   "identifier": "kaal:claim:2816408-002",
   "text": "Attempts to rescind Title IV through the Investment Advisers Modernization Act of 2016 demonstrate that private fund registration and disclosure obligations under the Dodd-Frank Act are highly politically sensitive.",
   "abstract": "Politician's attempts to rescind Title IV via the Investment Advisers Modernization Act of 2016 (IAMA 2016) illustrate the highly politically sensitive nature of Dodd-Frank Act registration and disclosure obligations for the private fund industry.",
   "citation": "Wulf A. Kaal, Barbara Luppi, Sandra Paterlini, Did the Dodd-Frank Act Impact Private Fund Performance  – Evidence from 2010 – 2015 (2016). SSRN: https://ssrn.com/abstract=2816408",
   "datePublished": "2016",
   "claim_type": "empirical",
   "confidence": "asserted",
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  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2834531-012",
   "identifier": "kaal:claim:2834531-012",
   "text": "The identification of which facts count as relevant or irrelevant can be distorted by the concerns of entrenched interests that find the new technology commercially threatening.",
   "abstract": "Identification of relevant or irrelevant facts may also be distorted or otherwise influenced by the concerns of entrenched interests about new (and commercially threatening) technologies.",
   "citation": "Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Regulation Tomorrow What Happens When Technology Is Faster Than the Law (2017). SSRN: https://ssrn.com/abstract=2834531",
   "datePublished": "2017",
   "claim_type": "failure",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
    "where incumbents face competitive displacement by the technology"
   ],
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  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2834531-013",
   "identifier": "kaal:claim:2834531-013",
   "text": "The relevant facts on which regulation rests are never going to be obvious or settled, so the regulation of any disruptive new technology will always be reactive and built on an uncertain and politicized factual basis.",
   "abstract": "In this respect, the \"relevant facts\" that form the basis of regulation are never going to be obvious or settled. The regulation of any disruptive new technology is always going to be reactive and based on an uncertain and politicized factual basis.",
   "citation": "Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Regulation Tomorrow What Happens When Technology Is Faster Than the Law (2017). SSRN: https://ssrn.com/abstract=2834531",
   "datePublished": "2017",
   "claim_type": "failure",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
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   ],
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   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2834531-036",
   "identifier": "kaal:claim:2834531-036",
   "text": "A demand driven approach does not require ignoring the risks and negative side effects of new technology; what it requires is that entrenched interests with a clear stake in obstructing a disruptive product or service not be allowed to dominate the debate.",
   "abstract": "What it does mean, however, is that entrenched interests with a clear interest in obstructing a disruptive product or service should not be allowed to dominate the debate.",
   "citation": "Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Regulation Tomorrow What Happens When Technology Is Faster Than the Law (2017). SSRN: https://ssrn.com/abstract=2834531",
   "datePublished": "2017",
   "claim_type": "design",
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 "description": "5 claims in the published works of Wulf A. Kaal carry the concept tag 'regulatory-politics'. Derived node: a roster, not an adjudicated definition."
}