ATTENTION: The software behind KU ScholarWorks is being upgraded to a new version. Starting July 15th, users will not be able to log in to the system, add items, nor make any changes until the new version is in place at the end of July. Searching for articles and opening files will continue to work while the system is being updated.
If you have any questions, please contact Marianne Reed at mreed@ku.edu .
The Inverted Pyramid of Wire Transfer Law
dc.contributor.author | Bhala, Raj | |
dc.date.accessioned | 2013-05-14T16:54:27Z | |
dc.date.available | 2013-05-14T16:54:27Z | |
dc.date.issued | 1993 | |
dc.identifier.citation | Raj Bhala, The Inverted Pyramid of Wire Transfer Law, 82 KY. L.J. 347 (1993). | |
dc.identifier.uri | http://hdl.handle.net/1808/11128 | |
dc.description | Full-text available at SSRN. See link in this record. | |
dc.description.abstract | New domestic and international funds transfer statutes have been adopted, but there is no generally accepted understanding of the purpose of these laws even though they govern the movement of roughly two trillion dollars every day. This Article puts forth a theory of funds transfer law, arguing that it should serve the interests of participants in domestic and international financial markets and contribute to the growth and development of internationally competitive financial centers. This theory is articulated through an inverted pyramid consisting of funds transfer law, funds transfer systems, clearing and settlement arrangements, and trading activity. This theory represents a departure from the traditional legal approach to financial markets, which focuses on securities regulation and baking law to the exclusion of critical commercial law matters such as funds transfers. | |
dc.language.iso | en_US | |
dc.publisher | University of Kentucky College of Law | |
dc.relation.hasversion | http://ssrn.com/abstract=1859509 | |
dc.subject | Wire transfer law | |
dc.subject | Finance | |
dc.subject | Funds transfer law | |
dc.title | The Inverted Pyramid of Wire Transfer Law | |
dc.type | Article | |
kusw.kuauthor | Bhala, Raj | |
kusw.kudepartment | School of Law | |
kusw.oastatus | waivelicense | |
kusw.oapolicy | The license granted by the OA policy is waived for this item. | |
dc.rights.accessrights | openAccess |
Files in this item
This item appears in the following Collection(s)
-
Center for East Asian Studies Scholarly Works [352]
-
Center for Latin American and Caribbean Studies Scholarly Works [736]
Publications by faculty affiliated with the Center for Latin American and Caribbean Studies -
Distinguished Professors Scholarly Works [918]
-
Kansas African Studies Center Scholarly Works [272]
Publications by faculty and researchers affiliated with the Kansas African Studies Center -
Law School Scholarly Works [631]
-
Middle East Studies Scholarly Works [42]