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The globalisation of markets has pushed static, territorially-bounded legal structures towards a more rapid and efficient adaptation to the globalised and regionalised reality. In addition, substantial modifications in the structure and activities of financial institutions have increased risks and the need for new regulatory responses. Efforts to harmonise commercial law within the global order have resulted in a fragmented and ad hoc process, constructe… More >>
The Harmonization of International Commercial Law
Tags: adaptation, financial institutions, globalisation of markets, harmonization, international commercial law, legal structures, regulatory responses, substantial modificationsRelated posts
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