金融危机后我国房地产抵押贷款证券化监管研究

抵押贷款证券化对健全金融市场、改善银行资本结构、增加房地产业的流动性起到了重要作用。同时,由于监管不力,证券化过程中的违规操作促发了2007年以来的次贷危机。本文拟探讨在全球金融危机的背景下,根据我国现有金融监管体制和房地产市场的发展,如何建立完善的监管体系,在保证金融体系安全稳定的同时,促进抵押贷款证券市场的健康发展。     

Sorgfaltspflichten des Kunden bezüglich Ausspähen des PIN-Codes bei Bankomatbehebung

Es bildete eine überspannung der den Karteninhaber treffenden Sorgfaltspflichten, würde man bei den inzwischen allt?glichen und auch von den Kreditinstituten zwecks Rationalisierung (und Ersparung eigener Kosten) gef?rderten und geforderten Bargeldbehebungen bei Bankomaten verlangen, stets ohne konkreten Anlass besondere Aufmerksamkeit auf allf?llige Aussp?hversuche zu richten und etwa Tastenfelder des Bankomaten, die im Allgemeinen recht leicht einsehbar angebracht sind, mit der zweiten Hand oder durch besondere K?rperhaltung (Verrenkung?) vor seitlicher Einsicht zu schützen. Nach den AGB ("Kundenrichtlinien") der bekl Bank führt nur eine schuldhafte, zumindest fahrl?ssige Verletzung der Verwahrungspflicht der Bankomatkarte, die einen Missbrauch durch Dritte nach sich zieht, zur Haftung des Kontoinhabers für den missbr?uchlich behobenen Betrag. Die Verwahrung der Bankomatkarte in der Geldb?rse im durch Rei?verschluss verschlossenen, am Rücken getragenen Rucksack begründet im Allgemeinen, dh ohne Hinzutreten weiterer gefahrentr?chtiger Momente keinen Sorgfaltsversto? des Karteninhabers und berechtigt den Kartenaussteller daher nicht, den Karten-/Kontoinhaber mit dem infolge Verlusts der Bankomatkarte missbr? uchlich erlangten Bargeldbezug zu belasten.     

THE KOLMAR V. SUTEX CASE ON RECIPROCITY IN FOREIGN JUDGMENTS ENFORCEMENT IN CHINA: A WELCOME DEVELOPMENT OR STILL ON THE WRONG TRACK?

In December 2016, the Nanjing Intermediate People’s Court in China issued its ruling in the Kolmar v. Sutex case, where a monetary judgment from Singapore was recognized and enforced against a local textile company. The case confirms that once a foreign country has taken the initiative, Chinese courts will follow up to enforce judgments from that country reciprocally. This is the doctrine of de facto reciprocity adopted by some Chinese courts. The paper surveys the judicial practice of Chinese courts and finds that this area of law is full of confusion and uncertainties due to the lack of applicable rules. Recent developments suggest that China may move away from this approach and adopt a relaxed version of reciprocity, which is worthy of close attention.     

¿Por qué prevalece el estado de derecho? una aproximación comparada a las explicaciones centradas en la cultura de la legalidad

The objective of this paper is to analyze the relation between the concept of the Rule of Law and the culture of legality from a compared approach in order to establish the scope and limitations of explanations that are based in cultural factors. More specifically, we are interested in comparing the scope and limitations of culture-based explanations on why the Rule of Law prevails in certain countries: these explanations are centered in the construction of wide agreements between social actors and the control by civil society. Also we consider equally important the comparing of different definitions of culture of legality and the strategies and instruments that allow its construction. For this purpose we will center, specially, in the experiences of Hong Kong, Palermo and Bogotá.     

On the social basis and legislative propositions of establishing non-marital cohabitation law of the PRC

Non-marital cohabitation is one kind of the ＂family＂ lifestyle which people independently choose. A harmonious society is that of sustainable development society which treats people as its center, and objectively, it requires respecting for people＇s right to choose their lifestyles independently. However, the social problems arising from non-marital cohabitation shouldn＇t be neglected. The laws should recognize the concerned parties＇ freedom to freely choose the lifestyle of non-marital cohabitation and also prevent such social problems which it possibly causes. The authors propose that the special legal system of non-marital cohabitation should be established, for the purpose of promptly preventing and solving the disputes which triggered by non-marital cohabitation, protecting the rights and interests of the concerned parties and their children, and hence promoting the construction of the harmonious society in China.     

Eintragung eines Bestandrechts ins Grundbuch – dingliche Wirkung der "Einverleibung"?

Zwar spricht § 19 GBG von der "Einverleibung oder Vormerkung von Bestandrechten" und § 1095 ABGB beim eingetragenen Bestandvertrag von einem dazu gewordenen "dinglichen Recht". In Wirklichkeit ?hnelt aber die grundbücherliche Eintragung eines Bestandrechts eher einer Anmerkung; ihre Rechtsfolgen beschr?nken sich – und zwar blo? im Verh?ltnis zwischen Bestandgeber und Bestandnehmer ohne allgemeine dingliche Wirkung gegenüber Dritten! – auf § 1120 und § 1121 ABGB.     

Politics and Corporate‐Sector Environmentally Significant Actions: The Effects of Political Partisanship on U.S. Utilities Energy Efficiency Policies

This study assesses the direct, indirect, and total impacts of political partisanship on state‐level utilities' investment in energy efficiency. This subject is of utmost importance because energy efficiency improvement has become a linchpin in worldwide efforts to combat climate change and other environmental challenges. Analysis of data on 51 electric utilities nested within 31 U.S. states indicates that political partisanship influences utilities' energy efficiency policies. There is strong evidence that electric utilities in states dominated by the Republican Party are less likely to invest in energy efficiency than those in states governed by the Democratic Party. This finding suggests that political partisanship may be shaping the policy and regulatory frameworks put in place by state governments to incentivize or compel the participation of private‐sector entities' in environmental management and/or resource conservation.