IF-LL.M. Concentration Papers

SELECT PAPERS: SEMINAR IN INTERNATIONAL FINANCE
2006-2007

Hiroki Aoyama Hybrid Securities: A Comparative Study Between the U.S. and Japan Toussant Boyce Canaries in a Coal Mine: Competitive Complacency in the Decline of America's Public Equity Capital Markets Yoshio Ishitani Asian Offshore Bond Markets Colin D. Lloyd Non-Traditional Capital Controls: The Other Side of Securities Regulation Alexandre Richa Credit Derivatives: Settlement and Other Operational Issues
2005-2006

Ephyro Luis B. Amatong Regulatory Equivalence and the U.S.-E.U. Financial Services Dialogue Jhon Carmona Revisiting Legal Limitations on Foreign Investing by Pensions Funds Sava Savov Regulatory Convergence in the EU and the Importance of the Enforcement Variable: Evidence from the U.K., Germany and Hungary Thomas Schobel The Applicability of Domestic Banking Law to Cross-Border Transactions Shigeyuki Watanabe Legal Analysis of Controversy on Privatization of Japan’s Postal Services System: What Is the Purpose and Effect to Privatize Public Corporations? Tzung-bor Wei The Equivalence Approach to Securities Regulations Winner of the Program on International Financial Systems Prize
2004-2005

Virginia Boyd Financial Privacy in the United States and the European Union: A Path to Trans-Atlantic Regulatory Harmonization The Irving Memorial Reward in Information and Technology was awarded to Virginia Boyd for her paper. Kathryn Brown Market Discipline in Sovereign Debt: Reinforcing the Rights of Bondholders and Private Creditors Amelie Champasaur The Regulation of Credit Rating Agencies in the U.S. and the EU: Recent Initiatives and Proposals Stavros Gkantinis Reshaping the Global Securities Markets: A Comparative Study of the Proposed Regulation NMS in the U.S. and the EU Directive 2004/39/EC on Markets in Financial Instruments Apostolos Gkoutzinis How Far is Basel from Geneva? International Regulatory Convergence and the Elimination of Barriers to International Financial Integration
2003-2004

David Brenneman The Role of Regional Integration in the Development of Securities Markets: A Case Study of the EU Accession Process in Hungary and the Czech Republic Albert Ko Argentina: The Default Option--An Alternative Solution to Restructuring Sovereign Debt Jeffrey M. Loeb Strengthening Bond Creditors' Remedies Under the Foreign Sovereign Immunities Act Kirsten Malm Assessing Proposals for Iraqi Financial Reconstruction: Blending Lessons from the Experiences of Developing, Post-Conflict, Transitional and Commodity-Export-Dependent Economies Alexander Nadmitov Russian Debt Restructuring: Overview, Structure of Debt, Lessons of Default, Seizure Problems, and the IMF SDRM Proposal Pierre-Hugues Verdier Credit Derivatives and the Sovereign Debt Restructuring Process Feng Wang Throwing Bricks, Attracting Jade: Securitization of Non-Performing Loans in China
2002-2003

Pierre Aïdan The Proposal for a New Directive on Prospectuses: Potential Impact on the Structure of Capital Markets in Europe Rachel Carnachan A Third Way: The Case for Competition between U.S. GAAP and IFRS in U.S. Capital Markets Kihungi Justus Nathan Njoroge The Conditionalities Pre-requisite For Admission into the World Bank/IMF HIPC Initiative: Suggestions for a Paradigm Shift Donald E. Lacey, Jr. Democratizing the Hedge Fund: Considering the Advent of Retail Hedge Funds Emily R. Pollack Assessing the Usage and Effect of Credit Derivatives Birgir Már Ragnarsson The Development of the EU Disclosure Regime and Regulatory Competition Ulrich Tauboeck The "European Passport" for Issuers of Prospectuses and its Consequences as seen from the Austrian Perspective Christopher Woo The Effects of the Sarbanes-Oxley Act on Foreign Private Issuers
2001-2002

Aino Bunge Operational Risk Insurance - Treatment under the New Basel Accord Almira Delibegovic Broome Post-conflict Economies and International Finance-A Case Study: Land and Secured Lending Law Reform in Bosnia-Herzegovina Norman A. Cappell European Issuers in the American Capital Markets: Empirical Evidence and Implications for the Issuer Choice Debate James Gillespie Follow the Money: Tracing Terrorist Assets Seth Goldman US Jurisdiction of Foreign Exchanges in Cross-Border Trading The Addison Brown Prize was awarded to Seth Goldman for his paper. Cameron Half Evolving Trends in the Supervision of Financial Conglomerates: A Comparative Investigation of Responses to the Challenges of Cross-Sectoral Supervision in the United States, European Union, and United Kingdom Anthony P. Hanlon Proposals for Reform of Hedge Fund Regulation Eduardo Luis Lopez Sandoval Sovereign Debt Restructuring: Should We Be Worried about Elliott? Kentaro Tamura The Problem of Sovereign Debt Restructuring: How Can We Deal with Holdout Problem Legally?
2000-2001

Linda C. Kreem Legal and Policy Considerations In Establishing a Stay Mechanism For Sovereign Debtors Kumar St. Clair Paul International Passports To Cross Border Offerings & Listings Of Securities - The Reality Sheldon L. Pollock Working Toward More Consistent & Predictable Outcomes: The Case for a New Paradigm for Closing-Out Deliverable Foreign Exchange Contracts in the Wake of Capital Controls John Van Sickle Legal and Policy Choices in Official Dollarization S. Eric Wang Investing Abroad: Regulation S and US Retail Investment in Foreign Securities Zhanna A. Zenina Case Study: Merger of the London and Frankfurt Stock Exchanges