Territory, Authority, Rights: From Medieval to Global Assemblages, Saskia Sassen, Princeton NJ: Princeton University Press, 2006, pp. xiv, 493. How to make sense of globalization? Saskia Sassen's attempt, in Territory, Authority, Rights (TAR), is like globalization itself: vast, sweeping and forceful, but maddeningly hard to grasp. At best, we are dazzled and sure we're on to something important. At worst, it's difficult to say what exactly this is. At times, we fear we've been had.

Territory, Authority, Rights: From Medieval to Global Assemblages

The Constitutionalization of international law

I am grateful for extensive conversations with Mark Flannery, fellow members of the Squam Lake Group, Chris Culp, Andrew Gladin, Jason Granet, Barbara Havilcek, Dick Herring, Bev Hirtle, Tom Jackson, Bill Kroener, Phil Prince, Ernst Schaumberg, Alex Wolf, and many Stanford colleagues, particularly Peter DeMarzo, Joe Grundfest, Ken Scott, Kimberly Summe, and John Taylor. I especially benefited from a discussion of this chapter provided by David Skeel.

A Contractual Approach to Restructuring Financial Institutions

This essay, which is based in part on the keynote speech I delivered in October at the European Central Bank conference on regulation of financial services, examines how the law can help to control financial chaos. The essay argues that any regulatory framework for achieving that goal will be imperfect and have tradeoffs.

Controlling Financial Chaos: The Power and Limits of Law

New obstacles to the European banking union have emerged over the last year, but a successful transition remains both necessary and possible The key next step will be in the second half of 2014, when the European Central Bank (ECB) will gain supervisory authority over most of Europe’s banking system This needs to be preceded by a rigorous balance sheet assessment that is likely to trigger significant bank restructuring, for which preparation has barely started It will be much more significant than current discussions about a bank resolution directive and bank recapitalisation by the European Stability Mechanism (ESM) The 2014 handover, and a subsequent change in the European treaties that will establish the robust legal basis needed for a sustainable banking union, together define the policy sequence as a bridge that can allow Europe to cross the choppy waters that separate it from a steady-state banking policy framework

https://www.econstor.eu/bitstream/10419/106306/1/751511579.pdf

A realistic bridge towards European banking union

Transnational law beyond bi-polarity : the FSB key attributes of effective resolution regimes for financial institutions in national, European and transnational Law

Chantal Bratschi

Papers

Transnational law beyond bi-polarity : the FSB key attributes of effective resolution regimes for financial institutions in national, European and transnational Law