Legal risk in the financial system: A practical look into the qualitative nature of this risk and its impact
Descripción del Articulo
In this article, the author presents the definition of risk and its link with financial law. Along these lines, he provides a legal definition in the light of Basel II, identifying and defining the three pillars that comprise it. It also shows the link between these&nb...
| Autor: | |
|---|---|
| Formato: | artículo |
| Fecha de Publicación: | 2022 |
| Institución: | Pontificia Universidad Católica del Perú |
| Repositorio: | Revistas - Pontificia Universidad Católica del Perú |
| Lenguaje: | español |
| OAI Identifier: | oai:revistaspuc:article/26490 |
| Enlace del recurso: | http://revistas.pucp.edu.pe/index.php/themis/article/view/26490 |
| Nivel de acceso: | acceso abierto |
| Materia: | Operational risk Legal risk Basilea II Regulatory compliance Riesgo operacional Riesgo legal Cumplimiento normativo |
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Legal risk in the financial system: A practical look into the qualitative nature of this risk and its impactEl riesgo legal en el sistema financiero: Una mirada práctica a la naturaleza cualitativa de este riesgo y su impactoPineda Galarza, JohnOperational riskLegal riskBasilea IIRegulatory complianceRiesgo operacionalRiesgo legalBasilea IICumplimiento normativoIn this article, the author presents the definition of risk and its link with financial law. Along these lines, he provides a legal definition in the light of Basel II, identifying and defining the three pillars that comprise it. It also shows the link between these pillars and banking regulation rules. According to the author, this linkage responds to the fact that the rules present a risk variable in their structure, creating, in some cases, situations of legal uncertainty in the face of certain assumptions.In this respect, the article develops the three pillars of legal risk through their practical application in financial regulation. The qualitative nature of legal risk is also highlighted and explained, in order to show its impact on the banking business; to this end, the author presents various practical cases and visual aids, such as charts and graphs that facilitate understanding.En el presente artículo, el autor presenta la definición de riesgo y su vinculación con el derecho financiero. En esa línea, plantea una definición legal a la luz de Basilea II, identificando y definiendo los 3 pilares que lo componen. Asimismo, se muestra la vinculación de dichos pilares con las normas de regulación bancaria. Según el autor, dicha vinculación responde a que las normas presentan una variable de riesgo en su estructura, creando, en algunos casos, situaciones de incertidumbre legal ante ciertos supuestos.Al respecto, a lo largo del artículo se desarrollan los tres pilares del riesgo legal, a través de su aplicación práctica en la regulación financiera. Asimismo, se evidencia y explica la naturaleza cualitativa del riesgo legal, con el fin de mostrar su impacto en el negocio bancario; para ello, el autor plantea diversos casos prácticos y de ayuda visual, tales como cuadros y gráficos que facilitan su comprensión.Pontificia Universidad Católica del Perú2022-12-15info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdftext/htmlapplication/epub+ziphttp://revistas.pucp.edu.pe/index.php/themis/article/view/2649010.18800/themis.202201.010THEMIS Revista de Derecho; Núm. 81 (2022): Derecho Bancario y Financiero; 43-611810-9934reponame:Revistas - Pontificia Universidad Católica del Perúinstname:Pontificia Universidad Católica del Perúinstacron:PUCPspahttp://revistas.pucp.edu.pe/index.php/themis/article/view/26490/24938http://revistas.pucp.edu.pe/index.php/themis/article/view/26490/25110http://revistas.pucp.edu.pe/index.php/themis/article/view/26490/25309https://creativecommons.org/licenses/by/4.0/info:eu-repo/semantics/openAccessoai:revistaspuc:article/264902025-05-12T14:34:29Z |
| dc.title.none.fl_str_mv |
Legal risk in the financial system: A practical look into the qualitative nature of this risk and its impact El riesgo legal en el sistema financiero: Una mirada práctica a la naturaleza cualitativa de este riesgo y su impacto |
| title |
Legal risk in the financial system: A practical look into the qualitative nature of this risk and its impact |
| spellingShingle |
Legal risk in the financial system: A practical look into the qualitative nature of this risk and its impact Pineda Galarza, John Operational risk Legal risk Basilea II Regulatory compliance Riesgo operacional Riesgo legal Basilea II Cumplimiento normativo |
| title_short |
Legal risk in the financial system: A practical look into the qualitative nature of this risk and its impact |
| title_full |
Legal risk in the financial system: A practical look into the qualitative nature of this risk and its impact |
| title_fullStr |
Legal risk in the financial system: A practical look into the qualitative nature of this risk and its impact |
| title_full_unstemmed |
Legal risk in the financial system: A practical look into the qualitative nature of this risk and its impact |
| title_sort |
Legal risk in the financial system: A practical look into the qualitative nature of this risk and its impact |
| dc.creator.none.fl_str_mv |
Pineda Galarza, John |
| author |
Pineda Galarza, John |
| author_facet |
Pineda Galarza, John |
| author_role |
author |
| dc.subject.none.fl_str_mv |
Operational risk Legal risk Basilea II Regulatory compliance Riesgo operacional Riesgo legal Basilea II Cumplimiento normativo |
| topic |
Operational risk Legal risk Basilea II Regulatory compliance Riesgo operacional Riesgo legal Basilea II Cumplimiento normativo |
| description |
In this article, the author presents the definition of risk and its link with financial law. Along these lines, he provides a legal definition in the light of Basel II, identifying and defining the three pillars that comprise it. It also shows the link between these pillars and banking regulation rules. According to the author, this linkage responds to the fact that the rules present a risk variable in their structure, creating, in some cases, situations of legal uncertainty in the face of certain assumptions.In this respect, the article develops the three pillars of legal risk through their practical application in financial regulation. The qualitative nature of legal risk is also highlighted and explained, in order to show its impact on the banking business; to this end, the author presents various practical cases and visual aids, such as charts and graphs that facilitate understanding. |
| publishDate |
2022 |
| dc.date.none.fl_str_mv |
2022-12-15 |
| dc.type.none.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
| format |
article |
| status_str |
publishedVersion |
| dc.identifier.none.fl_str_mv |
http://revistas.pucp.edu.pe/index.php/themis/article/view/26490 10.18800/themis.202201.010 |
| url |
http://revistas.pucp.edu.pe/index.php/themis/article/view/26490 |
| identifier_str_mv |
10.18800/themis.202201.010 |
| dc.language.none.fl_str_mv |
spa |
| language |
spa |
| dc.relation.none.fl_str_mv |
http://revistas.pucp.edu.pe/index.php/themis/article/view/26490/24938 http://revistas.pucp.edu.pe/index.php/themis/article/view/26490/25110 http://revistas.pucp.edu.pe/index.php/themis/article/view/26490/25309 |
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https://creativecommons.org/licenses/by/4.0/ info:eu-repo/semantics/openAccess |
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https://creativecommons.org/licenses/by/4.0/ |
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openAccess |
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application/pdf text/html application/epub+zip |
| dc.publisher.none.fl_str_mv |
Pontificia Universidad Católica del Perú |
| publisher.none.fl_str_mv |
Pontificia Universidad Católica del Perú |
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THEMIS Revista de Derecho; Núm. 81 (2022): Derecho Bancario y Financiero; 43-61 1810-9934 reponame:Revistas - Pontificia Universidad Católica del Perú instname:Pontificia Universidad Católica del Perú instacron:PUCP |
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Pontificia Universidad Católica del Perú |
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PUCP |
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PUCP |
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Revistas - Pontificia Universidad Católica del Perú |
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Revistas - Pontificia Universidad Católica del Perú |
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Nota importante:
La información contenida en este registro es de entera responsabilidad de la institución que gestiona el repositorio institucional donde esta contenido este documento o set de datos. El CONCYTEC no se hace responsable por los contenidos (publicaciones y/o datos) accesibles a través del Repositorio Nacional Digital de Ciencia, Tecnología e Innovación de Acceso Abierto (ALICIA).
La información contenida en este registro es de entera responsabilidad de la institución que gestiona el repositorio institucional donde esta contenido este documento o set de datos. El CONCYTEC no se hace responsable por los contenidos (publicaciones y/o datos) accesibles a través del Repositorio Nacional Digital de Ciencia, Tecnología e Innovación de Acceso Abierto (ALICIA).
