Cambridge Yearbook of European Legal Studies最新文献

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Hard Law and Soft Law Regulations of Artificial Intelligence in Investment Management 人工智能在投资管理中的硬法与软法规制
Cambridge Yearbook of European Legal Studies Pub Date : 2022-12-01 DOI: 10.1017/cel.2022.10
Wojtek Buczynski, Felix Steffek, F. Cuzzolin, M. Jamnik, Barbara Sahakian
{"title":"Hard Law and Soft Law Regulations of Artificial Intelligence in Investment Management","authors":"Wojtek Buczynski, Felix Steffek, F. Cuzzolin, M. Jamnik, Barbara Sahakian","doi":"10.1017/cel.2022.10","DOIUrl":"https://doi.org/10.1017/cel.2022.10","url":null,"abstract":"Abstract Artificial Intelligence (‘AI’) technologies present great opportunities for the investment management industry (as well as broader financial services). However, there are presently no regulations specifically aiming at AI in investment management. Does this mean that AI is currently unregulated? If not, which hard and soft law rules apply? Investments are a heavily regulated industry (MIFID II, UCITS IV and V, SM&CR, GDPR etc). Most regulations are intentionally technology-neutral. These regulations are legally binding (hard law). Recent years saw the emergence of regulatory and industry publications (soft laws) focusing specifically on AI. In this Article we analyse both hard law and soft law instruments. The contributions of this work are: first, a review of key regulations applicable to AI in investment management (and oftentimes by extension to banking as well) from multiple jurisdictions; second, a framework and an analysis of key regulatory themes for AI.","PeriodicalId":52109,"journal":{"name":"Cambridge Yearbook of European Legal Studies","volume":"24 1","pages":"262 - 293"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42392183","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Court of Justice of the European Union and International Dispute Settlement: Conflict, Cooperation and Coexistence 欧洲联盟法院与国际争端解决:冲突、合作与共存
Cambridge Yearbook of European Legal Studies Pub Date : 2022-12-01 DOI: 10.1017/cel.2022.9
J. Odermatt
{"title":"The Court of Justice of the European Union and International Dispute Settlement: Conflict, Cooperation and Coexistence","authors":"J. Odermatt","doi":"10.1017/cel.2022.9","DOIUrl":"https://doi.org/10.1017/cel.2022.9","url":null,"abstract":"Abstract One of the significant changes in the landscape of international law in recent decades has been the increase in the number of international courts and other forms of international dispute settlement. The EU has pushed for the inclusion of dispute settlement chapters in its trade and investment agreements, it has joined multilateral treaties that include dispute settlement mechanisms, and it has proposed the establishment of multilateral investment court. The Court of Justice of the European Union has shown a more guarded approach in recent years towards international dispute settlement. This article explores the potential ways to address these sources of conflict and allow the CJEU to coexist with other international courts.","PeriodicalId":52109,"journal":{"name":"Cambridge Yearbook of European Legal Studies","volume":"24 1","pages":"88 - 110"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41676808","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Editorial 编辑
Cambridge Yearbook of European Legal Studies Pub Date : 2022-12-01 DOI: 10.1017/cel.2023.4
Markus W. Gehring
{"title":"Editorial","authors":"Markus W. Gehring","doi":"10.1017/cel.2023.4","DOIUrl":"https://doi.org/10.1017/cel.2023.4","url":null,"abstract":"","PeriodicalId":52109,"journal":{"name":"Cambridge Yearbook of European Legal Studies","volume":"24 1","pages":"1 - 3"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41853941","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
CEL volume 24 Cover and Back matter CEL第24卷封面和封底材料
Cambridge Yearbook of European Legal Studies Pub Date : 2022-12-01 DOI: 10.1017/cel.2023.3
{"title":"CEL volume 24 Cover and Back matter","authors":"","doi":"10.1017/cel.2023.3","DOIUrl":"https://doi.org/10.1017/cel.2023.3","url":null,"abstract":"","PeriodicalId":52109,"journal":{"name":"Cambridge Yearbook of European Legal Studies","volume":"24 1","pages":"b1 - b1"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42658123","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The European Carbon Border Adjustment Mechanism and the path to Sustainable Trade Policies: From ‘Coexistence’ to ‘Cooperation’ 欧洲碳边界调整机制与可持续贸易政策之路:从“共存”到“合作”
Cambridge Yearbook of European Legal Studies Pub Date : 2022-12-01 DOI: 10.1017/cel.2022.6
Pierre Leturcq
{"title":"The European Carbon Border Adjustment Mechanism and the path to Sustainable Trade Policies: From ‘Coexistence’ to ‘Cooperation’","authors":"Pierre Leturcq","doi":"10.1017/cel.2022.6","DOIUrl":"https://doi.org/10.1017/cel.2022.6","url":null,"abstract":"Abstract Long examined by the academic literature as a challenging technical-legal fiction with a strong geopolitical impact, border carbon adjustment is on its way to becoming a European reality. This Article provides an overview of the European legislative process with a comparison of the initial Carbon Border Adjustment Mechanism (‘CBAM’) project presented by the Commission in July 2021 with the positions formalised by the European Parliament and the Council in 2022. With a detour through the doctrine of international law and building upon the work of Professor Thomas Cottier on the concept of Common Concern of Humankind (‘CCH’) in international law, the Article examines the European CBAM, and more broadly, the recent multiplication of unilateral environmental initiatives with extraterritorial impacts, as a contextual transition from a logic of coexistence to a logic of cooperation in the field of environmental policies. It concludes on the necessity to design the European CBAM accordingly, by redistributing its direct revenues and developing open and inclusive cooperation frameworks, to accelerate this transition in the field of industrial decarbonisation.","PeriodicalId":52109,"journal":{"name":"Cambridge Yearbook of European Legal Studies","volume":"24 1","pages":"67 - 87"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49322173","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
European Union and the Right to Open Internet: To Boldly go where no One has Gone before 欧盟和开放互联网的权利:大胆地去没有人去过的地方
Cambridge Yearbook of European Legal Studies Pub Date : 2022-12-01 DOI: 10.1017/cel.2023.1
Marcin Rojszczak
{"title":"European Union and the Right to Open Internet: To Boldly go where no One has Gone before","authors":"Marcin Rojszczak","doi":"10.1017/cel.2023.1","DOIUrl":"https://doi.org/10.1017/cel.2023.1","url":null,"abstract":"Abstract The discussion of the need to establish a ‘right to the internet’, ongoing now for over thirty years, has not brought about a clear resolution. Despite the growing importance of online services to both the economy and social life, there is no consensus on the limits of such a right, nor on the need to define it at all—not to mention controversy over its inclusion in the catalogue of fundamental rights. However, the discussion about the right to internet access in the context of the EU legal system now seems obsolete. This is so, because—not through the direct modernisation of the Charter of Fundamental Rights but as part of new telecommunications legislation—a new subjective right, called the right to open internet, has emerged. The aim of this Article is to clarify the content of this right and its relationship to the principle of network neutrality. Against this background, recent judgments of the Court of Justice will be examined and discussed. Although closely related to the telecommunications market, these judgments may serve as a starting point for further discussion on the meaning of the right to open internet in the EU legal system, including its relation to the protection of human rights.","PeriodicalId":52109,"journal":{"name":"Cambridge Yearbook of European Legal Studies","volume":"24 1","pages":"294 - 318"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45716717","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
From Darkness to Light: A Comparative Study of Special Purpose Acquisition Companies in the European Union, the UK, and the US 从黑暗到光明:欧盟、英国和美国特殊目的收购公司的比较研究
Cambridge Yearbook of European Legal Studies Pub Date : 2022-12-01 DOI: 10.1017/cel.2022.8
Daniele D’Alvia
{"title":"From Darkness to Light: A Comparative Study of Special Purpose Acquisition Companies in the European Union, the UK, and the US","authors":"Daniele D’Alvia","doi":"10.1017/cel.2022.8","DOIUrl":"https://doi.org/10.1017/cel.2022.8","url":null,"abstract":"Abstract This article analyses the financial regulation of Special Purpose Acquisition Companies (‘SPACs’) in the European Union and SPAC reform in the UK against the main legal system where the SPAC originates: the US. I argue that the US and financial regulators in Europe have opposing views on SPACs, evidenced by the adoption of two different regulatory approaches. As opposed to a SPAC regulation by business or function and by enforcement in the US, the European Union and the UK are implementing a SPAC regulation by objectives, where general principles of company and financial law inform the SPAC legal discipline. This enormously enriches the SPAC current debate, and sheds new light on the subject.","PeriodicalId":52109,"journal":{"name":"Cambridge Yearbook of European Legal Studies","volume":"24 1","pages":"201 - 238"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41332068","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Law, Policy, Expertise: Hallmarks of Effective Judicial Review in EU Competition Law 法律、政策、专业知识:欧盟竞争法中有效司法审查的特征
Cambridge Yearbook of European Legal Studies Pub Date : 2022-12-01 DOI: 10.1017/cel.2022.7
Pablo Ibáñez Colomo
{"title":"Law, Policy, Expertise: Hallmarks of Effective Judicial Review in EU Competition Law","authors":"Pablo Ibáñez Colomo","doi":"10.1017/cel.2022.7","DOIUrl":"https://doi.org/10.1017/cel.2022.7","url":null,"abstract":"Abstract This article discusses the techniques—‘hallmarks’—that the EU courts have developed to ensure that judicial review remains effective in competition law. These hallmarks can be grouped into three main categories. Some of them concern the interpretation of substantive law, namely the definition of legal tests and their consistent use over time. Some, the need for administrative action to rely on the best available evidence (which comprises both reliance on the expert consensus and the careful examination of the economic and legal context). A third category relates to the scrutiny exercised over the policy statements through which the European Commission chooses to constrain its discretion.","PeriodicalId":52109,"journal":{"name":"Cambridge Yearbook of European Legal Studies","volume":"24 1","pages":"143 - 168"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42936381","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Creation of European Citizenship: Constitutional Miracle or Myopia? 创造欧洲公民身份:宪法奇迹还是近视?
Cambridge Yearbook of European Legal Studies Pub Date : 2022-12-01 DOI: 10.1017/cel.2022.11
C. Barnard, Emilija Leinarte
{"title":"The Creation of European Citizenship: Constitutional Miracle or Myopia?","authors":"C. Barnard, Emilija Leinarte","doi":"10.1017/cel.2022.11","DOIUrl":"https://doi.org/10.1017/cel.2022.11","url":null,"abstract":"Abstract EU citizenship, now so central to the European Union's project, remains a highly contested concept in respect of its meaning, its scope, and its purpose. By considering the large body of legal texts and their travaux préparatoires from the 1972 Paris European Council until the adoption of the Maastricht Treaty in 1992, we have explored what the original drafters had in mind in developing the concept of EU citizenship and, crucially, what they did not. The article argues that the notion of European citizenship was seen as a tool to define European identity, and thus to continue the building of the European Union as a whole. European citizenship was thus viewed through a constitutional prism from the outset. The constitutional approach to the concept of European citizenship fed into the wider constitutionalisation project under the Maastricht Treaty and, later, permeated the case law of the Court of Justice of the European Union. We wish to argue that this focus on the constitutional nature of EU citizenship overlooked the more practical implications of citizenship, such as how to manage immigration flows or the infrastructure changes needed in the host state to accommodate a significant number of arrivals of EU citizens (in particular in respect of housing and social welfare benefits). It took more than 20 years after the introduction of EU citizenship for the Court of Justice to become aware of the practical, as opposed to constitutional, implications of the direction of travel it had pursued. By that time, it was too late for the United Kingdom, one of the countries which had received the largest number of EU citizens; the UK voted by a narrow margin to leave the European Union.","PeriodicalId":52109,"journal":{"name":"Cambridge Yearbook of European Legal Studies","volume":"24 1","pages":"24 - 44"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48100089","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Trust and Transparency in Insurance Contract Law: European Regulation and Comparison of Laws 保险合同法中的信任与透明度:欧洲法律规范与比较
Cambridge Yearbook of European Legal Studies Pub Date : 2022-12-01 DOI: 10.1017/cel.2022.12
Ana KEGLEVIĆ STEFFEK
{"title":"Trust and Transparency in Insurance Contract Law: European Regulation and Comparison of Laws","authors":"Ana KEGLEVIĆ STEFFEK","doi":"10.1017/cel.2022.12","DOIUrl":"https://doi.org/10.1017/cel.2022.12","url":null,"abstract":"The aim of this paper is to examine transparency principles under English and German Law, EU acquis and PEICL and to answer the question whether current legal regulation reflects high standards of transparency requirements and offer adequate consumer protection. The author is particularly interested in investigating are there any typical, common or shared characteristics in the regulation of transparency requirements across these jurisdictions. The focus of this paper is on consumer insurance contracts only. The main argument is that through transparency we can build consumer's trust in insurance market and offer adequate consumer protection.","PeriodicalId":52109,"journal":{"name":"Cambridge Yearbook of European Legal Studies","volume":"24 1","pages":"319 - 348"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44388447","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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