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Towards a Formalistic Approach of Good Faith in Comparative Contract: Regulation of Banks in the European Union, the United States, and China: Banking Law in Comparative Context

Päivi Hutukka

European Business Law Review2025https://doi.org/10.54648/eulr2025001article
ABDC C
Weight
0.37

What the paper says

p class="MsoNormal" style="text-align: left; margin-bottom: 0.0001pt; line-height: normal;"span style="font-size:10.0pt;font-family:"TimesNewRomanPSMT",serif; mso-bidi-font-family:TimesNewRomanPSMT"This study presents the main features of regulation of banks in the European Union,o:p/o:p/spanp class="MsoNormal" style="text-align: justify; margin-bottom: 0.0001pt; line-height: normal;"span style="font-size:10.0pt;font-family:"TimesNewRomanPSMT",serif; mso-bidi-font-family:TimesNewRomanPSMT"the United States, and China. Each regime is reviewed in its historical context, exploringo:p/o:p/spanp class="MsoNormal" style="text-align: justify; margin-bottom: 0.0001pt; line-height: normal;"span style="font-size:10.0pt;font-family:"TimesNewRomanPSMT",serif; mso-bidi-font-family:TimesNewRomanPSMT"stages leading to the given jurisdiction’s contemporary regulation of banks. Aftero:p/o:p/spanp class="MsoNormal" style="text-align: justify; margin-bottom: 0.0001pt; line-height: normal;"span style="font-size:10.0pt;font-family:"TimesNewRomanPSMT",serif; mso-bidi-font-family:TimesNewRomanPSMT"mapping the differences and similarities between regulation of banks in the Europeano:p/o:p/spanp class="MsoNormal" style="text-align: justify; margin-bottom: 0.0001pt; line-height: normal;"span style="font-size:10.0pt;font-family:"TimesNewRomanPSMT",serif; mso-bidi-font-family:TimesNewRomanPSMT"Union, the United States, and China, the article identifies possible reasons for theo:p/o:p/spanp class="MsoNormal" style="text-align: justify; margin-bottom: 0.0001pt; line-height: normal;"span style="font-size:10.0pt;font-family:"TimesNewRomanPSMT",serif; mso-bidi-font-family:TimesNewRomanPSMT"detected divergence and convergence, employing a comparative law approach drawingo:p/o:p/spanp class="MsoNormal" style="text-align: justify; margin-bottom: 0.0001pt; line-height: normal;"span style="font-size:10.0pt;font-family:"TimesNewRomanPSMT",serif; mso-bidi-font-family:TimesNewRomanPSMT"on multidisciplinary insights. The article reveals that the main differences betweeno:p/o:p/spanp class="MsoNormal" style="text-align: justify; margin-bottom: 0.0001pt; line-height: normal;"span style="font-size:10.0pt;font-family:"TimesNewRomanPSMT",serif; mso-bidi-font-family:TimesNewRomanPSMT"regulation of banks in the three jurisdictions lie in the historical development, stanceso:p/o:p/spanp class="MsoNormal" style="text-align: justify; margin-bottom: 0.0001pt; line-height: normal;"span style="font-size:10.0pt;font-family:"TimesNewRomanPSMT",serif; mso-bidi-font-family:TimesNewRomanPSMT"on universal banking, aversion to centralised economic and supervisory power, aso:p/o:p/spanp class="MsoNormal" style="text-align: justify; margin-bottom: 0.0001pt; line-height: normal;"span style="font-size:10.0pt;font-family:"TimesNewRomanPSMT",serif; mso-bidi-font-family:TimesNewRomanPSMT"well as in the structure of the banking sector. The divergence stems from differenceso:p/o:p/spanp class="MsoNormal" style="text-align: justify; margin-bottom: 0.0001pt; line-height: normal;"span style="font-size:10.0pt;font-family:"TimesNewRomanPSMT",serif; mso-bidi-font-family:TimesNewRomanPSMT"in historical, political, institutional, and economic factors between the jurisdictions.o:p/o:p/spanp class="MsoNormal" style="text-align: justify; margin-bottom: 0.0001pt; line-height: normal;"span style="font-size:10.0pt;font-family:"TimesNewRomanPSMT",serif; mso-bidi-font-family:TimesNewRomanPSMT"Similarities in regulation of banks are evident in similar objectives, financial safetyo:p/o:p/spanp class="MsoNormal" style="text-align: justify; margin-bottom: 0.0001pt; line-height: normal;"span style="font-size:10.0pt;font-family:"TimesNewRomanPSMT",serif; mso-bidi-font-family:TimesNewRomanPSMT"nets comprising a central bank and deposit insurance scheme, and special rules regulatingo:p/o:p/spanp class="MsoNormal" style="text-align: justify; margin-bottom: 0.0001pt; line-height: normal;"span style="font-size:10.0pt;font-family:"TimesNewRomanPSMT",serif; mso-bidi-font-family:TimesNewRomanPSMT"foreign banks. Similarities are rooted in the underlying rationale for regulation,o:p/o:p/spanp class="MsoNormal" style="text-align: justify; margin-bottom: 0.0001pt; line-height: normal;"span style="font-size:10.0pt;font-family:"TimesNewRomanPSMT",serif; mso-bidi-font-family:TimesNewRomanPSMT"crisis exposure, external pressure through international harmonising efforts and standards,o:p/o:p/spanp class="MsoNormal" style="text-align: justify; margin-bottom: 0.0001pt; line-height: normal;"span style="font-size:10.0pt;font-family:"TimesNewRomanPSMT",serif; mso-bidi-font-family:TimesNewRomanPSMT"as well as China’s deliberate transplanting of Western models into its domestico:p/o:p/spanp class="MsoNormal" style="text-align: justify; margin-bottom: 0.0001pt; line-height: normal;"span style="font-size:10.0pt;font-family:"TimesNewRomanPSMT",serif; mso-bidi-font-family:TimesNewRomanPSMT"banking regulationo:p/o:p/span p class="MsoNormal" style="text-align: justify;"

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https://doi.org/https://doi.org/10.54648/eulr2025001

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@article{päivi2025,
  title        = {{Towards a Formalistic Approach of Good Faith in Comparative Contract: Regulation of Banks in the European Union, the United States, and China: Banking Law in Comparative Context}},
  author       = {Päivi Hutukka},
  journal      = {European Business Law Review},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.54648/eulr2025001},
}

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Towards a Formalistic Approach of Good Faith in Comparative Contract: Regulation of Banks in the European Union, the United States, and China: Banking Law in Comparative Context

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Evidence weight

0.37

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.16 × 0.4 = 0.06
M · momentum0.53 × 0.15 = 0.08
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.