Search results for "Commercial Law"
showing 10 items of 37 documents
Bank Loan Loss Accounting and Its Contracting Effects: The New Expected Loss Models
2019
As a result of the recent financial crisis, several key institutions urged the IASB and the FASB to re-evaluate their models for loan loss accounting and use more forward-looking information. The paper examines the principal features of the new expected loss approach, taking into account the tensions between accounting and prudential objectives with respect to credit losses. We discuss the rationales for the change introduced by IFRS 9 and explore the differences between the IASB and the FASB models. Based on the notions of accounting conservatism and earnings management, we discuss the potential consequences of the new models. While both the FASB and the IASB model are more conservative th…
Medidas durante el COVID-19 y Derecho mercantil (Parte II: Derecho concursal).
2020
The crisis generated by the COVID-19 pandemic has forced it to take multiple measures of different kinds to mitigate its effects during the Alarm State. These measures include those that have effects on various commercial law institutions, such as those relating to insolvency issues.
Object and subject of evasion of taxes and other compulsory payments
2014
The paper is devoted to such topical issue of Criminal Law as Object and Subject of Evasion of Taxes and Other Compulsory Payments. There are analyzed researched crime determination problems, which are connected with subject and object of tax and other compulsory payments evasion. In the course of the research, the author has made the conclusions that the object of the evasion of taxes and other compulsory payments group is the national economic interests. The direct object is the national economic interests in the sphere of state revenues or the national fiscal interests. While analyzing the law and regulations it is concluded that the subject of the evasion of taxes and other compulsory p…
Circuit Breakers – a legal analysis of volatility safeguards in the rules of stock exchanges on the occasion of the COVID-19 crisis
2020
Abstract This paper examines circuit breakers (CBs), i. e. emergency systems of trading venues that interrupt or restrain trading when significant price movements of financial instruments occur. After a description of the ratio legis and the economic fundamentals, the genesis and the different forms of CBs are presented. The European legal framework is then outlined. The relevant rules of the Frankfurt Stock Exchange (FWB) serve as an example.
The Mediterranean in the foreign policy of the second Spanish republic
1998
The principal reference points for the foreign policy of the Second Republic were the League of Nations and the Anglo‐French axis. In both areas of policy making, the conditioning factor was Spain's position geographically and strategically and its interest in the security of the western Mediterranean. Its participation in the successive plans to draw up a Mediterranean pact and in the Mediterranean conflicts of the period was characterized by its role as a secondary figure within that axis and by its policy of adaptation as a neutral country to the crisis of the system of collective security.
Remote sensing:A case for moving space data towards the public good
2008
This paper discusses whether current international and national regulation of remote sensing activities achieves a true balance between proprietary interests of producers of remote sensing data and information and the needs of the community in accessing that data and information. By subjecting remote sensing data to general copyright restrictions that are often coupled with exclusive licences, irrespective of type or use of data and/or information, the development of important secondary information markets could be negatively hampered. In the long run, over-regulating access to space data may prove counter-productive in the information age. Using examples of different modes of information d…
ARE LAC COOPERATIVE AND COMMERCIAL BANKS SO DIFFERENT IN THEIR MANAGEMENT OF NON‐PERFORMING LOANS?
2018
This paper assesses technical efficiency in the management of non‐performing loans (NPLs) in the Latin American and Caribbean (LAC) banking industry. To that end, Data Envelopment Analysis techniques are employed with data from the years 2013 to 2016 on a sample of 307 LAC cooperative and commercial banks. Our main contribution to existing literature is that differences of efficiency between cooperative banks and commercial banks are assessed as the result of the different capacities of their managers – managerial efficiency – and the so‐called programme efficiency, which represents differences in the technology used by these two categories of entities. Our principal result suggests that th…
Jurisdiction and applicable law in cases of damage from space in Europe—The advent of the most suitable choice—Rome II
2010
Liability for space activities is a much discussed subject and the advent of commercial space operations has only added to its importance. Articles VI and VII Outer Space Treaty, together with Articles II and III Liability Convention, remain the main entry level for state liability for damage arising from private space activities. Few space-faring nations have introduced national space statutes that include a flow down of their international obligations. The European Union (EU) Regulation on the law applicable to non-contractual obligations—hereinafter Rome II Regulation—could harbour developments for liability law in the context of damage resulting from space operations. Space activities w…
Violence as a Subject of Social Science I The Specificity of Political Violence
2021
In contrast to the world's uniformity all types of violence are observed: urban violence, in poor countries where conflicts are incomprehensible from outside, violence which surface is religious in countries of Muslim tradition, fundamentalist violence, nationalist, racist; violence in the world system which accepts the growing difference between poor and rich. Judiciary violence in executions in States that seem the principal warrantors of social peace. There is violence throughout the globe and under surveillance by the great power. It could be said that the global system tolerates a certain “reserve of violence” and obtains certain profits, as well as the economy tolerates certain extent…
La violencia de hijos adolescentes contra sus progenitores
2013
[EN] According to Prosecutor¿s Office of the Minor, the accusation interposed by mothers and/or fathers victims by theirs children, along 2007 were 2603, in 2008 amounted 4.211, in 2009 there were 5.209 and in 2010 there were 8.000 accusations. Suede this worrying increase, the principal aim of our article is to check the scientific international and national documentation, from 1957 until the year 2010 that analyses the phenomenon of the adolescent violence against parents, to achieve an approximation to its keys that there allows us the comprehension and analysis of this serious familiar problem. For it we will analyse: (a) the importance of this crime by means of criminological mediators…