Self-Regulation and Legalization

Annegret Flohr is Research Fellow at the Peace Research Institute Frankfurt, Germany. She specialises in the role of banks and extractive industries in international politics. Her recent publications include The Role of Business in Global Governance (co-authored with Lothar Rieth, Sandra Schwindenhammer and Klaus Dieter Wolf).

1. Introduction 2. Industry Self-Regulation: Soft Rules for Corporations 3. The Theoretical Framework: Legalization as Hard Rules for States? 4. A Brief History of Governance in the Financial Sector 5. Anti-Money Laundering and the Wolfsberg Principles 6. Legalization of Anti-Money Laundering 7. Environmental Safeguards and the Equator Principles 8. Legalization of Environmental and Social Safeguards 9. Conclusion: Patterns and Dynamics of Self-Regulatory Impact