2014 Fiscal Year Final Research Report
Studying the Legal Liability of Interested Parties in Banking Regulation
Project/Area Number |
24730083
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Research Category |
Grant-in-Aid for Young Scientists (B)
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Allocation Type | Multi-year Fund |
Research Field |
Civil law
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Research Institution | Kagawa University |
Principal Investigator |
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Project Period (FY) |
2012-04-01 – 2015-03-31
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Keywords | 金融法 / 規制当局の責任 / 規制の先送り |
Outline of Final Research Achievements |
The managements will be required to assume responsibility for the failure of financial institutions. Financial regulators are no exception. In UK and Germany, failure of financial institutions has led to liability claims being directed against financial regulators. On the other hand, under US law, regulatory forbearance is widely blamed for S&L crisis and recent subprime mortgage crisis. In this context, the purpose of this study is to examine regulatory forbearance and financial crisis in US. Result showed that the existing regulatory and supervisory framework has structural problems leading to regulatory forbearance.
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Free Research Field |
商法学
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