SYSTEMIC RISKS AND THE LEGALIZATION OF ACCOUNTABLE TRANSNATIONAL FINANCIAL REGULATION

Transnational spillovers of systemic risks show that financial regulation is not simply a sovereign power, it also shall be responsible to other states and individuals. Regulatory cooperation is necessary to ensure responsibility. Current arrangements dealing with the financial crisis mainly focus on technical problems, and ignore the accountability mechanism of financial regulation. Such arrangements cannot effectively regulate systemic risks in the long run. This paper argues that accountable financial regulation and its legalization is an essential part of solutions to systemic risks, and suggests the ways to legalize accountable financial regulation.     

平安中国的法治保障——以防灾减灾的法体系、法规制及法衔接为视角

我国属于自然灾害及安全生产事故频发的国家,而近年来我国为了有效预防以及应对自然灾害及安全生产事故订立了一系列的法律、法规,这些法律规范的订立为政府及相关部门有效的预防及控制灾害提供了法律依据及法律手段。作为防灾减灾的法规范需要依托一个有效的法律体系来相互支撑,形成基准法和特别法之间的配合,法体系构建中需要注重法的有效规制功能,以及法体系之间的配合与衔接。