Tomasz Braun

Lazarski University · Faculty of Law and Administration

Public governance could be seen within the triangle of interactions between public agencies, society, and technology. Members of society are more aware of their needs and expectations towards public institutions. It creates an augmented participatory pressure recognized by public organizations. Engaged participation is becoming a reality and the ce...

We often speak of law and culture in one breath. That may be so because both systems impose on each person and organization required rules of behavior. Yet, law and culture are quite different, though they relate to and affect each other. Therefore, it is desirable to examine their similarities and differences and their relationship. While the stru...

Public governance could be seen within the triangle of interactions between public agencies, society, and technology. Members of society are more aware of their needs and expectations towards public institutions. It creates an augmentedparticipatory pressure recognised by public organisations. Engaged civic par-ticipation is becoming a reality and...

The article is a response to the need of looking at the issues of outsourcing part of banks’ operational risk to third parties, which may take a form of an instruction to perform certain tasks by those parties. In such a case, a question arises as regards the transfer of a bank’s liability for losses incurred by clients as a result of non-performan...

Exploring potential scenarios of artificial intelligence regulation which prevent automated reality harming individual human rights or social values, this book reviews current debates surrounding AI regulation in the context of the emerging risks and accountabilities. Considering varying regulatory methodologies, it focuses mostly on EU’s regulatio...

The contemporary impact of international corporates on individuals and societies is obvious and multifaced. It manifests in various ways. The multinationals determine individual and collective tastes, needs and customs. Firstly, they do it through the supply of goods and services. But there is also a second – quasi-legislative layer of this. They s...

IMPACT OF DIFFERENCES IN LEGAL RISK ASSESSMENT ON COMPLIANCE NORMS IN MULTINATIONAL CORPORATIONS Summary International corporations operating within the multijurisdictional environment are confronted with the daily challenge of staying in compliance with constantly varying legal and regulatory risks. To assure the conformity with the binding norms...

The purpose of the fourth chapter is to show the relation between compliance norms and the other factors influencing their content. The issue addressed in the first subsection to reference these norms to other, external norms in relation to their impact on compliance norms in financial institutions. This applies to rulebooks such as those of the Ba...

The sixth chapter of the book is based on detailed research, conducted at leading international financial institutions. This order does not reflect the hierarchy of norms existing in any of these institutions. However, it is the result of analyses and collection of conclusions drawn from them, taking into account the mutual relations between compli...

The relation of compliance norms to legal norms is important, among other things, because it may influence the assessment of one of the basic demands addressed to legal systems, which is their consistency. The effect of compliance norms is not only to ensure compliance with the law, i.e. the effectiveness of the law, but also to regulate issues pre...

When examining compliance norms in financial institutions, it is first of all necessary to present the tasks and the functions performed by the services appointed to manage non-compliance risk in these institutions, and to describe their position in the organisational structures of financial institutions. The complexity of relations within financia...

The aim of this chapter is to analyse the impact of cultural differences on the creation, application and interpretation of compliance norms, and on the practical ways to eliminate the difficulties in building uniform compliance normative systems for international financial institutions. The results of the research conducted in the writing of this...

Initially, introducing compliance functions within the financial industry had been forced by regulatory scrutiny. Later, it started to spread to other regulated companies, in particular those publicly listed. Now, compliance has become an asset of corporates that want to build their reliability among clients, shareholders, employees and business pa...

The text summarises theoretical legal researches on the compliance norms produced by international corporations and is based on examples from the banking sector. The methodology applied during the researches combined a critical analysis of the legal, economic, financial and management literature as well as authentic banking documentation related to...

These days, Banks are obliged to comply with a broad scope of the regulations and binding laws and this creates numerous challenges for those organisations. These challenges relate, particularly, to international banks operating in parallel within complex legislative, regulatory, social, political etc. realities. This article is a concise presentat...