When the Euro Falls Apart- A Sequel (2012)

2012 | Hal Scott

Download As PDF Harvard Law School Public Law & Legal Theory Working Paper SeriesPaper No....

Reducing Systemic Risk Through the Reform of Capital Regulation (2010)

2010 | Hal Scott

Download As PDF Capital requirements are a key element in containing systemic risk. This article argues that the market needs to play a more significant role in determining these requirements. The Basel process has a bad track record and there are inherent...

Financial Crisis Responsibility Fee: Issues for Policy Makers (2010)

2010 | Hal Scott

Download As PDF On January 14, 2010, the Obama Administration announced its proposal for a Financial Crisis Responsibility Fee – the bank tax.1 In principle, the tax would be imposed oncertain financial institutions with $50 billion or more in consolidated assets, and...

An Optional Federal Charter for Insurance Rationale and Design (2009)

2009 | Hal Scott

Download As PDF Important changes have buffeted the insurance industry over the past decade. The 1999 repeal of key provisions of the Glass-Steagall Act unleashed a wave of conglomeration in financial services, as bank holding companies acquired insurance and...

What to Do About Foreign Discriminatory Forum Non Conveniens Legislation (2009)

2009 | Hal Scott

Download As PDF U.S. courts face a difficult challenge when considering whether to hear a case brought by foreign plaintiffs for alleged tort injuries that have occurred abroad. In opposing motions to dismiss based on forum non conveniens, foreign plaintiffs have...