Jump to ContentJump to Main Navigation
Informal International Lawmaking$
Users without a subscription are not able to see the full content.

Joost Pauwelyn, Ramses Wessel, and Jan Wouters

Print publication date: 2012

Print ISBN-13: 9780199658589

Published to Oxford Scholarship Online: January 2013

DOI: 10.1093/acprof:oso/9780199658589.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 01 December 2021

US Implementation of Basel II: Lessons for Informal International Lawmaking

US Implementation of Basel II: Lessons for Informal International Lawmaking

Chapter:
(p.436) 20 US Implementation of Basel II: Lessons for Informal International Lawmaking (p.437)
Source:
Informal International Lawmaking
Author(s):

Pierre-Hugues Verdier

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199658589.003.0021

The actual role domestic courts can play in relation to informal international law partly depends on the way these rules are (to be) implemented domestically. Some informal international law (IN-LAW) instruments are far more complex, also in relation to their domestic implementation, than formal international agreements and decisions. One particular example is formed by the Basel II Accord on banking supervision. As indicated by the chapter, Basel II is a central case of IN-LAW. It is informal along all three dimensions identified in the first chapter of this Volume: it is a non-binding policy framework, rather than a treaty; it was adopted by the Basel Committee, a transnational regulatory network; and national banking regulators, rather than traditional diplomatic actors, were the principal participants. In the absence of formal accountability regimes at the level of the Basel Committee, the chapter investigates whether domestic oversight compensates for this ‘accountability deficit’.

Keywords:   international law, informal law, lawmaking, Basel Committee, accountability

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .