INTERNATIONAL HARMONISATION OF SECURITIES LAW: AUSTRALIA'S RESPONSE

Abstract

The paper seeks to address the problems facing securities regulators arising from the internationalisation of markets by considering the efficacy of three means of effecting international uniformity or harmonisation of the substantive rules of law for securities and their enforcement. These are multilateral arrangements, bilateral arrangements and mutual recognition and harmonisation of securities laws. In doing so, the paper examines a number of current arrangements for international cooperation on securities regulation and enforcement, in particular Australia's use of MOUs and its adaptation of the Corporations Law.

Citation

WILLIS, P. (1994), "INTERNATIONAL HARMONISATION OF SECURITIES LAW: AUSTRALIA'S RESPONSE", Journal of Financial Regulation and Compliance, Vol. 2 No. 2, pp. 165-183. https://doi.org/10.1108/eb024805