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Banking and Finance Law

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University of Washington School of Law

2014

Articles 1 - 2 of 2

Full-Text Articles in Law

Foreigners In Burma: A Framework For Responsible Investment, Rachel E. Ryon Jun 2014

Foreigners In Burma: A Framework For Responsible Investment, Rachel E. Ryon

Washington International Law Journal

Burma is hailed as a great democratic success story: a once-rogue nation holding elections, releasing political prisoners, and promising human rights reforms. The people elected to Parliament Aung San Suu Kyi, the leader of the democratic movement who was under house arrest for more than twenty years. The world responded with applause and open pocketbooks. In April of 2012, Ban Ki-moon, Secretary General of the United Nations, asked members to lift their sanctions on the formerly “rogue” nation and begin investing. But for a resource-rich country with a long track record of corruption, this flood of foreign investment will likely …


The Scored Society: Due Process For Automated Predictions, Danielle Keats Citron, Frank Pasquale Mar 2014

The Scored Society: Due Process For Automated Predictions, Danielle Keats Citron, Frank Pasquale

Washington Law Review

Big Data is increasingly mined to rank and rate individuals. Predictive algorithms assess whether we are good credit risks, desirable employees, reliable tenants, valuable customers—or deadbeats, shirkers, menaces, and “wastes of time.” Crucial opportunities are on the line, including the ability to obtain loans, work, housing, and insurance. Though automated scoring is pervasive and consequential, it is also opaque and lacking oversight. In one area where regulation does prevail—credit—the law focuses on credit history, not the derivation of scores from data. Procedural regularity is essential for those stigmatized by “artificially intelligent” scoring systems. The American due process tradition should inform …