International Financial Law in Japan, US and Europe: Discrepancies and Solution

日本、美国和欧洲的国际金融法：差异与解决方案

• 批准号: 12572009
• 负责人: MORISHITA Tetsuo
• 金额: $ 7.17万
• 依托单位: Sophia University
• 依托单位国家: 日本
• 项目类别: Grant-in-Aid for Scientific Research (B)
• 财政年份: 2000
• 资助国家: 日本
• 起止时间: 2000 至 2003
• 项目状态: 已结题
• 来源: https://kaken.nii.ac.jp/en/grant/KAKENHI-PROJECT-12572009/
• 关键词: International Financial Law; Securities Settlement; tracing of money; syndicated loan; derivatives; fiduciary duty; financial supervision; bank insolvencies; 金銭; 証券振替決済; 信託; 銀行監督

In this research, various legal issues on such wide areas as financial supervision, conflict of laws, relationship with customers, money and securities settlements, lex monetae, loan transactions, securities transactions, securitization and CDS, bank insolvencies are discussed. The analysis focus on Japanese laws with comparison with US and European laws, especially English laws.As a result of the research, 10 articles and the final report which has more than 300 pages are made. When we consider some issues which are not so familiar in Japan, it was useful way of research to read cases in US and UK and consider how Japanese would decide if the same kind of disputes occur in Japan. In fact, in the final report, many US and UK cases are introduced and discussed.This research revealed that financial laws are very global in one aspect, but at the same time, very local in other aspect. Financial transactions easily cross the borders, so law and regulation must work globally. On the other hand, the most desirable content of financial laws depends of the society, the economy and the parties to which the rules would be applied. Therefore, it is important to pay sufficient consideration to global standards, it is also important to keep necessary uniqueness with which laws could fit to the society and economies better.There are various difficult issues which the final report handles. Some of them are as follows:-How can we achieve the best relationship between supervisors and financial institutions?-What is the best balance between investors self responsibilities, responsibilities of financial institutions and paternal supervision by the authorities?-How could law contribute to achieve the best balance in financial transactions?Some attempt to answer these difficult issues could be found in the report, but further studies are necessary.

在本研究中，各种法律的问题，如金融监管，法律冲突，与客户的关系，货币和证券结算，货币法，贷款交易，证券交易，证券化和CDS，银行破产等广泛的领域进行了讨论。本论文以日本法律为研究对象，通过与欧美国家法律尤其是英国法律的比较，共撰写了10篇论文，最后形成了300多页的研究报告。当我们考虑一些在日本不太熟悉的问题时，阅读美国和英国的案例，并考虑如果在日本发生同样的纠纷，日本人将如何决定，这是一种有用的研究方式。事实上，在最后的报告中，介绍和讨论了许多美国和英国的案例，这项研究表明，金融法律在一个方面是非常全球化的，但同时，在另一个方面，非常本地化。金融交易很容易跨越国界，因此法律和监管必须在全球范围内发挥作用。另一方面，金融法最理想的内容取决于社会、经济和规则适用的当事方。因此，充分考虑全球标准是重要的，保持必要的独特性也是重要的，这样法律才能更好地适应社会和经济。其中一些问题如下：-我们如何实现监管机构与金融机构之间的最佳关系？-在投资者的自我责任、金融机构的责任和当局的家长式监督之间，什么是最佳平衡？法律如何有助于实现金融交易的最佳平衡？在报告中可以找到回答这些难题的一些尝试，但需要进一步研究。

项目成果

Legal Aspects of Cross-Border Securities Settlements (5)

跨境证券结算的法律问题 (5)

• 发表时间: 2007
• 期刊: Sophia Law Review Vol. 51-1
• 作者: 森下哲朗;森下哲朗;森下哲朗;森下哲朗;Tetsuo Morishita;Tetsuo Morishita
• 通讯作者: Tetsuo Morishita

Laws on Cross-Border Insolvency in the context of Bank Insolvencies

银行破产背景下的跨境破产法

• 发表时间: 2002
• 期刊: Japanese Yearbook of Private International Law Vol. 3
• 作者: 森下哲朗;森下哲朗;森下哲朗;森下哲朗;Tetsuo Morishita;Tetsuo Morishita;Tetsuo Morishita;Tetsuo Morishita;森下哲朗;Tetsuo Morishita;森下哲朗;森下哲朗;Tetsuo Morishita
• 通讯作者: Tetsuo Morishita

Responsibilities of Arrangers and Agents in Syndicated Loans

银团贷款安排人和代理人的责任

• 发表时间: 2007
• 期刊: Sophia Law Review Vol. 51-2
• 作者: 森下哲朗;森下哲朗;森下哲朗;森下哲朗;Tetsuo Morishita;Tetsuo Morishita;Tetsuo Morishita
• 通讯作者: Tetsuo Morishita

国際倒産と銀行倒産

国际破产和银行破产

• 发表时间: 2002
• 期刊: 国際私法年報 2001
• 作者: 森下哲朗;森下哲朗;森下哲朗;森下哲朗;Tetsuo Morishita;Tetsuo Morishita;Tetsuo Morishita;Tetsuo Morishita;森下哲朗;Tetsuo Morishita;森下哲朗
• 通讯作者: 森下哲朗

森下 哲朗: "国際倒産と銀行倒産"国際私法年報 2001. (2001)

Tetsuro Morishita：《国际破产与银行破产》2001 年国际私法年度报告。（2001 年）