The Continued Relevance of the GATS in the New Financial Landscape: A Legal Perspective

22 Pages Posted: 13 Aug 2010

See all articles by Panos Delimatsis

Panos Delimatsis

Tilburg Law and Economics Center (TILEC); Tilburg Law School

Date Written: August 11, 2010

Abstract

The current financial upheaval has brought about a reconsideration of regulatory and corporate practices in the financial sector. This paper claims that the current multilateral framework regulating services, that is, the General Agreement on Trade in Services (GATS), should be revisited to match advances in other international institutions dealing with finance, such as the IMF or the Basel institutions, and remain relevant to the future of international financial regulation. It does so by focusing on how the international financial crisis may revive and inform the pursuit for more effective multilateral disciplines on domestic regulations in financial services, including rules regarding proportionality; prudential concerns; and subdidization in services.

JEL Classification: F13, G01, G18, G2, G28, K33

Suggested Citation

Delimatsis, Panagiotis, The Continued Relevance of the GATS in the New Financial Landscape: A Legal Perspective (August 11, 2010). TILEC Discussion Paper No. 2010-031, Tilburg Law School Research Paper No. 019/2010, Available at SSRN: https://ssrn.com/abstract=1656839 or http://dx.doi.org/10.2139/ssrn.1656839

Panagiotis Delimatsis (Contact Author)

Tilburg Law and Economics Center (TILEC) ( email )

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HOME PAGE: http://www.tilburguniversity.edu/staff/p-delimatsis

Tilburg Law School ( email )

Warandelaan 2
Postbus 90153
Tilburg, 5000 LE
Netherlands

HOME PAGE: http://https://www.tilburguniversity.edu/staff/p-delimatsis

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