Future Finance – Policy Brief: Legal non-enforcement as an instrument of financial market regulation

Ethical MarketsReforming Global Finance

by Jakob von Uexkull World Future Council In many legal systems claims resulting from gaming or gambling are not enforceable. This is designed to protect the debtor from driving himself into financial ruin through gaming and betting debts. There is a German saying that “a gambling debt is a debt …

Amendments for free – MEPs work with lobbyists to water down derivatives legislation

kristySRI/ESG News

AMENDMENTS FOR FREE New article from Corporate Europe Observatory Three MEPs were recently caught red-handed after tabling amendments to EU-legislation in return for money. This was a major scandal. But Corporate Europe Observatory has found that it is still standard practice in the Parliament for lobbyists to draft amendments – …