Introduction - International Regulatory Harmonization

3 Chicago Journal of International Law 271

7 Pages Posted: 17 Nov 2012

Date Written: 2002

Abstract

Because we live in a world of national laws and international business activity, the regulation of a single transaction can be affected by several different legal regimes. Within domestic systems, even if sub-units such as the states of the United States exist, there is a central government authority that can regulate such transactions.1 In the international arena, the problems are more difficult. There is no supranational authority able to impose international standards; attempts at harmonization must overcome greater differences in culture and legal tradition; and national lawmakers are often resistant to any form of international rulemaking.

Suggested Citation

Guzman, Andrew T., Introduction - International Regulatory Harmonization (2002). 3 Chicago Journal of International Law 271. Available at SSRN: https://ssrn.com/abstract=2176368

Andrew T. Guzman (Contact Author)

USC Gould School of Law ( email )

699 Exposition Boulevard
Los Angeles, CA 90089
United States

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