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University of Wollongong

Faculty of Law - Papers (Archive)

2005

Enforcement

Discipline

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Maritime Law Enforcement And Compliance In Indonesia: Problems And Recommendations, Dirham Dirhamsyah Jan 2005

Maritime Law Enforcement And Compliance In Indonesia: Problems And Recommendations, Dirham Dirhamsyah

Faculty of Law - Papers (Archive)

Like most coastal states, Indonesia is faced with a need to protect, conserve, and manage its marine and coastal resources. Twenty-six and a half per cent of the Indonesian Gross National Product was derived from the utilisation of coastal and marine resources in 2002.1 Fish and other marine resources make a significant contribution to the supply of food, employment, and foreign exchange. More than 60% of animal protein consumed by the population is derived from the fisheries sector; and per capita consumption was estimated to be 21.7 kg per year in 2002.2 Employment in the primary fishing sector …


Investor Protection And Judicial Enforcement Of Disclosure Regime In Bangladesh: A Critique, Sheikh M. Solaiman Jan 2005

Investor Protection And Judicial Enforcement Of Disclosure Regime In Bangladesh: A Critique, Sheikh M. Solaiman

Faculty of Law - Papers (Archive)

The effectiveness of any law largely depends on the clarity of legal provisions and the activity of their enforcement institutions. Securities law, which is inherently complex, must be unambiguous to be properly applied. Judges and lawyers dealing with securities litigation need to be trained properly to provide justice for the public. Laws governing initial public offerings in Bangladesh are ambiguous in many respects, and the judiciary lacks judges and lawyers sufficiently experienced in this area of law. As a result, judicial enforcement of disclosure requirements in prospectuses appears to have been a difficult task. The administrative enforcement of those requirements …