Inspired by the Treasury’s consultation on its Future Regulatory Framework Review of finan-cial services regulation in the UK, Peter Andrews (Oxera, SRC), Kevin R. James (LSE), and Eva Micheler (LSE) organized a conference at the LSE’s Systemic Risk Center on 9 February 2021 entitled “Rebooting UK Financial Regulation for a Post-Brexit World”. We thank the speakers and the conference participants for a fascinating set of talks and discussions, and we provide an executive summary of the conference and a brief summary of the each individual presentation below (we note that several of the presentations are available on the Systemic Risk Centre’s webpage).
受财政部对英国金融服务监管的未来监管框架审查咨询的启发,Peter Andrews (Oxera, SRC), Kevin R. James (LSE)和Eva Micheler (LSE)于2021年2月9日在LSE的系统风险中心组织了一次题为“重启英国金融监管后英国脱欧世界”的会议。我们感谢演讲者和与会者的精彩演讲和讨论,我们在下面提供了会议的执行摘要和每个演讲的简短摘要(我们注意到,其中一些演讲可以在系统风险中心的网页上找到)。
{"title":"Rebooting UK Financial Regulation for a Post-Brexit World - A Conference Summary","authors":"Anamika Ahir, Kevin R. James","doi":"10.2139/ssrn.3862276","DOIUrl":"https://doi.org/10.2139/ssrn.3862276","url":null,"abstract":"Inspired by the Treasury’s consultation on its Future Regulatory Framework Review of finan-cial services regulation in the UK, Peter Andrews (Oxera, SRC), Kevin R. James (LSE), and Eva Micheler (LSE) organized a conference at the LSE’s Systemic Risk Center on 9 February 2021 entitled “Rebooting UK Financial Regulation for a Post-Brexit World”. We thank the speakers and the conference participants for a fascinating set of talks and discussions, and we provide an executive summary of the conference and a brief summary of the each individual presentation below (we note that several of the presentations are available on the Systemic Risk Centre’s webpage).","PeriodicalId":153453,"journal":{"name":"LSE Law - Policy Briefing Papers Series","volume":"41 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129213031","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The appeals process is an important procedural mechanism that can be used to challenge substantive rules but its current incarnation at social media companies is unsatisfactory. Currently, content will be flagged on a social media platform as potentially violating the terms and conditions of the platform. Moderators at the platform will then decide what action should be taken, whether the content should remain, be deleted, demonetised, age-restricted, or turned over to the authorities. The user who posted the content will then have the opportunity to appeal the decision, requesting that the platform re-consider, usually by filling out an online form.This appeals process, however, is underdeveloped and would benefit from reform. This policy brief will give an overview of why appeals processes are important, the role they play in social media content moderation, and explain how some groups (activists and social media entrepreneurs) are especially affected by weak appeals processes.
{"title":"The Importance of Appeals Systems on Social Media Platforms","authors":"MacKenzie Common","doi":"10.2139/ssrn.3462770","DOIUrl":"https://doi.org/10.2139/ssrn.3462770","url":null,"abstract":"The appeals process is an important procedural mechanism that can be used to challenge substantive rules but its current incarnation at social media companies is unsatisfactory. Currently, content will be flagged on a social media platform as potentially violating the terms and conditions of the platform. Moderators at the platform will then decide what action should be taken, whether the content should remain, be deleted, demonetised, age-restricted, or turned over to the authorities. The user who posted the content will then have the opportunity to appeal the decision, requesting that the platform re-consider, usually by filling out an online form.This appeals process, however, is underdeveloped and would benefit from reform. This policy brief will give an overview of why appeals processes are important, the role they play in social media content moderation, and explain how some groups (activists and social media entrepreneurs) are especially affected by weak appeals processes.","PeriodicalId":153453,"journal":{"name":"LSE Law - Policy Briefing Papers Series","volume":"34 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125245580","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The finance market has undergone rapid change in developed Western economies in the last decade. In much of Europe the concentrated finance market in which a small group of banks controlled the flow of finance to large and small companies has given way to a dispersed creditor economy. In both Europe and the US there has been an explosion of secured credit and the market for buying and selling debt of distressed companies has matured so that those holding the debt of a financially distressed company will, in many cases, not be the lenders who originally advanced the funds.
{"title":"Insolvency Law, Restructuring Law and Modern Financial Markets","authors":"Sarah Paterson","doi":"10.2139/ssrn.2577742","DOIUrl":"https://doi.org/10.2139/ssrn.2577742","url":null,"abstract":"The finance market has undergone rapid change in developed Western economies in the last decade. In much of Europe the concentrated finance market in which a small group of banks controlled the flow of finance to large and small companies has given way to a dispersed creditor economy. In both Europe and the US there has been an explosion of secured credit and the market for buying and selling debt of distressed companies has matured so that those holding the debt of a financially distressed company will, in many cases, not be the lenders who originally advanced the funds.","PeriodicalId":153453,"journal":{"name":"LSE Law - Policy Briefing Papers Series","volume":"111 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128506548","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Over the last few decades, the United Kingdom has experienced a profound – if quiet – constitutional transformation. But these developments have hardly been appreciated within broader public debates, which remain rooted in/anchored to notions of parliamentary sovereignty. In this paper, we describe the broad contours of constitutional change in the UK over the last decades. We also ask the question, what can and should courts do when faced with ‘unconstitutional’ legislation? We present the case for the development of a modest range of new constitutional review powers for the courts in the coming years.
{"title":"The New Constitutional Role of the Judiciary","authors":"J. Murkens, R. Masterman","doi":"10.2139/SSRN.2482312","DOIUrl":"https://doi.org/10.2139/SSRN.2482312","url":null,"abstract":"Over the last few decades, the United Kingdom has experienced a profound – if quiet – constitutional transformation. But these developments have hardly been appreciated within broader public debates, which remain rooted in/anchored to notions of parliamentary sovereignty. In this paper, we describe the broad contours of constitutional change in the UK over the last decades. We also ask the question, what can and should courts do when faced with ‘unconstitutional’ legislation? We present the case for the development of a modest range of new constitutional review powers for the courts in the coming years.","PeriodicalId":153453,"journal":{"name":"LSE Law - Policy Briefing Papers Series","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126049404","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
While the sovereign debt crisis was ravaging the Eurozone and while the European Council was dominating the decision-making scene, even the most informed onlookers harboured little expectation that this would have a positive impact on the democratisation of the European Union.
{"title":"Countering the Debt Crisis: National Parliaments and EU Economic Governance","authors":"D. Jančić","doi":"10.2139/SSRN.2482309","DOIUrl":"https://doi.org/10.2139/SSRN.2482309","url":null,"abstract":"While the sovereign debt crisis was ravaging the Eurozone and while the European Council was dominating the decision-making scene, even the most informed onlookers harboured little expectation that this would have a positive impact on the democratisation of the European Union.","PeriodicalId":153453,"journal":{"name":"LSE Law - Policy Briefing Papers Series","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132780502","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}