Ensuring regulatory compliance in banking and finance through effective controls: The principle of duality in the segregation of duties

Today the segregation of duties is commonly used to ensure regulatory compliance in various industries. This article considers the organizational requirements for the effective implementation of this principle, through an examination of a duality‐based segregation‐of‐duties type control system and its fundamental characteristics. Cases from the Swedish banking and finance sector are discussed to show how breakdowns in duality‐based systems have compromised compliance and even encouraged crime, and how crimes could be carried out in practice. Particular attention is paid to the critical role that gullibility, loyalty, and dependency relations among employees played in these cases, in leading control persons to neglect their responsibility to review and approve their colleagues’ work, while bringing no consequences for their ability to carry on performing their work tasks. The argument is made that an effective duality‐based segregation‐of‐duties type control system presupposes social relations characterized by relative autonomy and third‐party dependence, along with work task interdependence.     

The winners of legislative mandate: An analysis of post-parliamentary career positions in Germany and the Netherlands

Little is known about the careers of parliamentarians after they leave parliament. We analyse the post-parliamentary careers of German and Dutch parliamentarians over the last 20 years and document the presence of a persistent and substantial gender gap. This gap exists regardless of party, country or political position and persists even when the status of the pre-parliamentary profession and achievement within parliament are controlled for. Aside from demonstrating our findings, we offer new insights into possible explanations for the dynamics behind them. Additionally, we show that parliament only serves as a stepping stone for a more successful career for a relatively small share of politicians: only 32 per cent of MPs obtain more attractive positions in the public or private sector after their legislative service.     

The rise of the constitutional regulatory state in Colombia: The case of water governance

This article interprets the regulatory state in Colombia as the result of a dialectic process between transnational knowledge and domestic politics, which influence, transform, and inspire each other. Such a process results in an interesting constitutional variant of the regulatory state, in which neo‐constitutionalism becomes a counterbalance to the unchecked expansion of neo‐liberal regulatory practices. I, therefore, distinguish between neoliberal and constitutional regulatory states. As a result of neo‐constitutionalism, the domestic judiciary is empowered, and becomes a crucial actor to understand both the specific traits of this regulatory experience, and its interaction with global centers of power.     

Intimate encounters: the ambiguities of belonging in the transnational migration of Indonesian domestic workers to Malaysia

In this article I explore ‘belonging’ both in terms of personal relatedness and national belonging in the context of Indonesian domestic worker migration to Malaysia. Riddled with metaphors of kinship both on the level of diplomatic ties between the two ‘kin states’ of Indonesia and Malaysia as well as on the level of intimate relations between employers and employees, the migration of Indonesian domestic workers to Malaysia allows for a critical analysis of the ways in which boundaries are drawn and redrawn on the political as well as on the intimate level of daily coexistence. The article argues that kinship provides a fruitful avenue from which to consider belonging in context of the specific relations between Indonesia and Malaysia and explores how belonging to the family and the nation is negotiated by Indonesian domestic workers, Malaysian employers and so-called ‘maid agents’.     

The local political economy of the regulatory state: Governing affordable housing in England

Regulatory governance involves the use of heterogeneous mechanisms to extract welfare gains from market-based processes. While often viewed as a depoliticization mechanism, here, we explore a distinctly political manifestation of regulatory governance. Our study focuses on the governance of affordable housing in England, specifically on local authorities' use of ‘Section 106′ (S106) powers to compel private developers to include affordable housing in new developments. We show that, following the financial crisis, the governance of affordable housing shifted from a partisan to a valence issue. As the crisis increased the issue salience of affordable housing, left-wing authorities' hitherto higher tendency to intervene was eroded in the midst of a broad-based increase in S106 deployment. In addition to extending insights into the political economy of regulatory state intervention, our findings shed valuable light on the undersupply of affordable housing in England.     

The Brazilian Association of Regulatory Agencies: Integrating levels,consolidating identities in the regulatory state in the south

This article discusses a unique organization in the regulatory world, the Brazilian Association of Regulatory Agencies (ABAR), which brings together federal, state, and municipal regulatory agencies across different policy sectors. The paper argues that as a regulatory policy network, ABAR has been crucial to the professional socialization, capacity building, and institutionalization of regulators in Brazil. Moreover, it has promoted their identity as professionals and differentiated them from politicians, regulatees, and societal actors. Thus, while ABAR raises the shield of expertise to secure independence from political and social interference, it has itself become a relevant actor in the country's regulatory political dynamics, contributing as such to the strengthening of the Brazilian regulatory state.     

Voting when the economy goes bad,everyone is in charge,and no one is to blame: The case of the 2009 German election

The economy was a major issue in Germany’s 2009 election. The global economic crisis did not spare Germany, whose economy is tightly integrated into the global economy. So when the German economy experienced a historical shock, did voters connect their views of the economy with their vote choice? Or did they, as some research has suggested, recognize Germany’s dependence on global markets and cut the government slack, especially when the government consists of the country’s two major parties? Using pre- and post-election panel surveys from the German Longitudinal Election Study (GLES), we investigate the weight that voters gave to the economy, relative to other considerations, when casting their ballot and whether governing parties were disproportionately judged based on the state of the economy.     

The changing geography of metropolitan opportunity: The segregation of the poor in U.S. metropolitan areas, 1970 to 1990

Abstract

This analysis uses census tract data to measure the segregation of the poor in U.S. metropolitan areas in 1970, 1980, and 1990. Two measures of segregation are used: the indices of dissimilarity and isolation.

In 1990 the mean dissimilarity of the poor in the 100 largest U.S. metropolitan areas was 36.1, which is substantial but below the 60.6 dissimilarity of blacks. The 1990 isolation of the poor was 21.0. From 1970 to 1990, the dissimilarity of the poor increased by 11 percent, and the isolation of the poor rose by 9 percent; in contrast, racial segregation declined. Exploratory regression analyses reveal that income segregation in metropolitan areas was significantly greater in 1990 and increased more from 1970 to 1990 in the Northeast than in the South and West. Midwest areas generally were not significantly different from Northeast areas in 1990 segregation levels or in changes from 1970 to 1990.     

Turnout in Germany in the course of time: Life cycle and cohort effects on electoral turnout from 1953 to 2049

The steadily rising share of older voters could lead to them gaining an ever increasing level of political representation compared to younger voters not only because of the imbalance of numbers between the young and the old, but also because turnout rates among the old have always been above-average. The latter argument only applies if the so-called life cycle effect is assumed to be dominant. However, diverse socialisation backgrounds, captured by the cohort effect, also have to be taken into account. It is also unclear what the interplay of these two effects of time implies for future aggregate turnout. Focusing on the German case, we base our analyses on the Repräsentative Wahlstatistik (Representative Electoral Statistic, RES) and population forecasts to estimate consequences of the demographic shifts for all federal elections from 1953 until today, as well as for future elections. First, we calculate life cycle, cohort and period effects on turnout for previous elections by using cohort analysis; second, we apply these net effects to the future age distribution under certain assumptions concerning life cycle and cohort effects. Our results show that the recent decline in turnout is in particular due to negative period effects and (in West Germany) to a minor extent also due to consequences of cohort replacement, whereas changes in the age structure have had a positive effect on turnout since 1990 in both parts of Germany. Additionally, our forecasts suggest that turnout rates will decline and that the over-representation of the old will continue until around 2030 and diminish afterwards in a 'greying' population.     

社会保障体系的巨灾风险补偿功能分析——美国9．11五周年的启示

五年前,在9.11恐怖袭击事件中,美国社会保障制度在巨灾补偿中发挥了一定的作用.其中有很多经验,例如,国家对巨灾损失的补偿是通过国家计划、保险公司和慈善事业这个"三条腿机制"发挥作用的,并通过立法建立了一个临时机构:"9.11遇难者补偿基金",令其根据普通法的原则,赋予全权,统一运作全国的补偿工作;也有一些教训,例如,社会安全号信息管理不善和被盗用,从而酿成飞机劫持者拥有合法的手续等.我国要建立起社保制度突发事件巨灾风险补偿的"三条腿机制"还有很长的路要走,例如,基本社保制度的工伤保险中存在着诸多问题,保险业还需进一步改革完善,慈善事业的机制缺位等;对尽快建立一个混合型的"国家巨灾补偿机制"提出了一些不成熟的改革思路和采取公共委托与购买的方式进行损失补偿的设想.     

The Nordic governments' responses to the Covid-19 pandemic: A comparative study of variation in governance arrangements and regulatory instruments

Government responses to the Covid-19 pandemic in the Nordic states—Denmark, Finland, Iceland, Norway, and Sweden—exhibit similarities and differences. This article investigates the extent to which crisis policymaking diverges from normal policymaking within the Nordic countries and whether variations between the countries are associated with the role of expertise and the level of politicization. Government responses are analyzed in terms of governance arrangements and regulatory instruments. Findings demonstrate some deviation from normal policymaking within and considerable variation between the Nordic countries, as Denmark, Finland, and to some extent Norway exhibit similar patterns with hierarchical command and control governance arrangements, while Iceland, in some instances, resembles the case of Sweden, which has made use of network-based governance. The article shows that the higher the influence of experts, the more likely it is that the governance arrangement will be network-based.     

The subversive potential of Leo Tolstoy’s ‘defamiliarisation’: a case study in drawing on the imagination to denounce violence

ABSTRACT

In his later years, Leo Tolstoy wrote numerous books, essays and pamphlets expounding his newly-articulated denunciations of all political violence, whether by dissidents or ostensibly legitimate states. If these writings have inspired many later pacifists and anarchists, it is partly thanks to his masterful deployment of the literary technique of ‘defamiliarisation’ – or looking at the familiar as if new – to shake readers into recognising the absurdity of common justifications of violence, admitting their implicit complicity in it, and noticing the process which numbed them into accepting such complicity. This paper discusses Tolstoy’s use of the imagination to defamiliarise and denounce violence, first by citing several typical examples, then by reflecting on four of its subversive characteristics: its disruption of automated perception, its implicit concession of some recognition, its corrosion of conventional respect for traditional hierarchies, and its encouragement of empathy.     

The use of mindfulness to promote ethical decision making and behavior: Empirical evidence from the public sector in Thailand

The study has two main purposes. First, the study explores core ethical values and behaviors from the perspective of Thai public service organizational leaders. Second, the study investigates the extent to which public sector leaders in Thailand consider Buddhist-based mindfulness practice to be a potentially effective mechanism for reinforcing core ethical values and behaviors in the public sector in Thailand. Using interview data derived from in-depth semi-structured interviews with 12 senior public sector officials in Thailand, the analysis elicits four dimensions of core ethical values and behaviors that are perceived by Thai public service organizational leaders as central to ethical behavior in the public sector. The study also sheds light on the interviewees' positive perceptions towards mindfulness and the role its associated practices can play in promoting ethical decision making and behavior in the public sector in Thailand.