Commercial Law in a Global Context

Name: Commercial Law in a Global Context | Some Perspectives in Anglo-Japanese Law
Brand: Kluwer Law International
Price: 384.99 EUR
Availability: OnlineOnly

Some Perspectives in Anglo-Japanese Law

Barry A. K. Rider Yutaka Tajima(Autor*in)

Kluwer Law International (Verlag)

Erschienen am 1. Juli 1998

260 Seiten

E-Book

PDF mit Adobe-DRM

Systemvoraussetzungen

978-90-411-7944-9 (ISBN)

384,99 €inkl. 7% MwSt.

Systemvoraussetzungen

für PDF mit Adobe-DRM

E-Book Einzellizenz

Als Download verfügbar

Beschreibung

Weitere Details

Weitere Ausgaben

Inhalt

Cover
Half Title Page
Title Page
Copyright Page
Table of Contents
Preface
Chapter 1 GLOBALISATION OF JAPANESE FINANCIAL MARKET
Chronological development
Future strategy
Chapter 2 THE IMPACT OF GLOBALISATION ON THE SECURITIES MARKETS
Trading of non-US securities in US markets
Access to US markets by overseas companies
The private placement
The public listing
The initial public offering
American depository receipts
The attitude of the SEC
Offshore trading of US companies
Conclusion
Chapter 3 BUSINESS CORRUPTION IN JAPAN - 1996: NOTHING NEW AND SOMETHING NEW
Introduction
Nothing new - sokaiya and Japanese businesses
Background
The Takashimaya case
Shan-shan AGM - its background and impact on Japanese business
The law - amendment to the Commercial Code in 1981 and its impact
Something new - vulnerability of business infrastructure and community derivatives
Outline of the 'fact'
Analysis on the cause
Corporate governance and corporate culture
Lack of a tailored regulatory framework suitable for the current copper market
Possible criminal charges arising from the scandal
Japan: penal provisions under the Commercial Code et al
The way forward - change in the attitudes of Japanese companies
Chapter 4 THE IMPACT OF GLOBALISATION ON JAPANESE BANKING LAW
Introduction
The roles of major commercial banks
The Banking Law 1981 and other relevant statutes
Role of major commercial banks in corporate finance
Bank lending
Payment and settlement systems
International banking bttsinesses
Bank supervision
The impact of changes in the late 1980s and thereafter
Deregulation and globalisation
Non-performing assets of banks
The jusen problem
Key factors in the future banking laws and practices in Japan
Solution of the jusen and non-performing asset problems
Payment system stability
'Rule of law' in Japan
Chapter 5 GLOBALISATION OF BANKING: AN AUSTRALIAN PERSPECTIVE
Globalisation themes
The Australian experience
Foreign banks in Australia
Australian banks overseas
Could Australia become an Asian financial centre?
Chapter 6 THE IMPACT OF GLOBALISATION ON LAW AND PRACTICE OF BANKING: A US PERSPECTIVE
A personal perspective
Federal or state?
The international dimensions
The future?
Chapter 7 HARMONISATION, INFORMALISATION AND FINANCIAL SYSTEMS DESIGN
Introduction: informal financial relations in English and Japanese banking worlds
From internationalisation to globalisation: some consequences for banks and banking law
Informality, informalisation and financial wrongdoing: risk and globalisation
Harmonisation, informalisation and regulatory arbitrage: problems of financial systems design
Conclusion
Chapter 8 ANTI-MONEY-LAUNDERING LEGISLATION AND ITS IMPLICATIONS FOR JAPANESE FINANCIAL INSTITUTIONS
Introduction
Background
Circular notice and notice issued by the ministry of finance
The Narcotics Special Law and money-laundering offences
Financial institutions' statutory obligation to report
Civil law obligations
Bank secrecy - duty of confidentiality versus duty to disclose
Tortious liability
Conclusion
Chapter 9 THE IMPACT OF GLOBALISATION ON INTELLECTUAL PROPERTY RIGHTS
Intellectual property as a world trade issue prior to the GATT Uruguay Round
Intellectual property rights and the Uruguay Round - preliminary negotiations
Intellectual property in US trade legislation
Section 301
Special 301
GATT TRIPs - breaking the deadlock
General provisions and basic principles of the TRIPs Agreement
Location of the TRIPs Agreement within the Uruguay Round
The TRIPs Agreement
Chapter 10 THE GLOBALISATION OF JAPANESECORPORATE LAW
Introduction
SII and the Japanese response
Shareholder's representative suit
Improvement of the right to inspect account books
Cumulative voting
Non-executive directors and audit committees
Advisory board as a voluntary organ
Chapter 11 CORPORATE DISCLOSURE IN THE ERA OF GLOBALISATION
Introduction: globalisation and internationalisation
Is there a global corporate sector?
Disclosure and accountability
Corporate disclosure in the information age: the role of the internet
Conclusion
Chapter 12 SETTING MINIMUM CAPITAL REQUIREMENTS FOR CORPORATIONS - AN ASPECT OF JAPAN'S SMALL COMPANY POLICY
Raising capital to ensure continuing corporate status
Corporate restructuring
Dealing with companies which do not meet the qualifications
The effects of the legislation
Remaining problems
Chapter 13 CORPORATE LAW ... SOME PECULIARLY AMERICAN POLITICAL FACTORS CAN CONFUSE
Background
Enterprise organisations
Principal securities regulation
Anti-trust/anti-cartelism
Chapter 14 REGISTRATION OF CHARGES BY OVERSEAS COMPANIES IN BRITAIN
Conclusion
Chapter 15 THE STRUCTURE OF COMPANY MANAGEMENT AND SHAREHOLDER CONTROL IN JAPAN
The situation in Japan
System to control company management of executive directors
The two-tier board structure of public companies
Chapter 16 GLOBALISATION OF INSIDER-TRADING LAW
Introduction
Internationalisation versus globalisation
What are we trying to achieve? Theories of insider trading
Theoretical uncertainty in Australia: Exicom Pty v Futuris Corp Ltd
Conclusion: the need for an international consensus
Chapter 17 DIRECTORS' DUTY OF LOYALTY AND INSIDER DEALINGS - A RECENT REFORM
Introduction
Structural weakness of Japanese corporations
Shareholders' meeting
Board of directors
Auditor's role
Director's duty to act in good faith
Regulations of insider dealings
Derivative action
Concluding remarks
Chapter 18 A COMPARATIVE ANALYSIS OF ANTI-INSIDER DEALING LEGISLATION IN BRITAIN, JAPAN AND NEW ZEALAND
A problem shared
Goals and goalposts
An issue of confidence
The efficacy of the criminal law
The British approach
The Japanese approach
The offence of insider dealing in Britain
Securities covered by the offence
The markets
Inside information
'Particular securities' and 'particular issuer(s) ' of securities
'Specific' and 'precise'
'Made public'
Information published in accordance with the rules of a regulated market
Information readily acquired by people 'likely to deal' in securities
Information derived from information made public
Price sensitivity
Who is an insider?
Access to information
Tippees
The dealing offence
The encouragement offence
The disclosure offence
General defences
Special defences
Territorial scope
Prohibition of insider dealing in Japan under the Securities and Exchange Law (SEL)
Tipper and tippee
Inside information under the SEL
Exemptions and defences
Making the insider pay
Straws in the wind
Chapter 19 THE IMPORTANCE OF EFFECTIVE LEGAL SYSTEMS - PROVISIONAL REMEDIES IN LITIGATION
Mareva injunction and Japanese Civil Action Preservation Law
Introduction
England
Japan
Conclusion
Index
Back Cover

Systemvoraussetzungen

Als PDF speichern Als Link merken