July 30, 2013
Distinguished Professor Michael P. Malloy has been appointed Director of the Business and Law Research Division of the Athens Institute for Education and Research (ATINER).
ATINER's Executive Committee established the Directorship to help coordinate the activities of the Accounting & Finance Research Unit, the Law Research Unit, the Management Research Unit, and the Marketing Research Unit, in an effort to advance the interdisciplinary objectives of the Institute.
Malloy's first agenda item as Director of the Business and Law Research Division is the planning and hosting of an international, interdisciplinary event, "Business, Law and Economics: An International Conference," scheduled for May 2014 in Athens, Greece.
On July 8, 2013, Malloy delivered the opening paper of the 10th Annual International Conference on Law sponsored by ATINER. He participated as a member of the organizing committee for the international conference, which included a "mini-conference" of two panels on law and literature themes and topics that he proposed. Malloy also chaired a panel that offered four interesting interdisciplinary and comparative papers on developments in labor law and policy in the face of a variety of challenging legal, political, and technological challenges.
Malloy's opening paper, "Core Principles for Effective Banking Supervision: New Concepts and Challenges," explores new approaches to international bank supervision and examines certain fundamental issues raised by the formulation and application of the Core Principles, newly revised by the Basel Committee on Banking Supervision. The paper argues that the revised Core Principles represent a distinctive and highly effective approach to the coordination of legal norms across borders that, in the context of international banking practice, may operate as a set of functionally binding norms — and possibly a new source of law in international practice.