New regulatory forms and financial markets. A study of comparative law
The legal systems of today aredifferent than those that came into force 40 years ago. The assertion isapplicable particularly to the economic areas under that a kind of law, knownas regulatory systems.Indeed, a simple look at thecontemporary law shows first; a rise in new entities which have the power ofcreation, the monitoring and the application of law and second; the existenceof adjustments in the design and implementation of the standards that govern anactivity, the development of soft law, self-regulation and standards, amongother examples.