Category Archives: Model Laws

World’s first Model Law on Public Financial Management

The Regulatory Institute proudly assisted the Southern African Development Community Parliamentary Forum (SADC PF) develop the world’s first Model Law on Public Financial Management (MLPFM). The MLPFM was unanimously approved by the 51st Plenary Assembly of the SADCPF on 14 July 2022, representing several months of work, by experts in several countries and an extensive consultation process across diverse sectors of the SADC region. This howtoregulate article outlines the regulatory assistance provided by the Regulatory Institute in the development of this trailblazing model law. Given the value of model laws as a lawmaking tool, the Regulatory Institute is developing a Model Laws Library, the aim of which is to facilitate the work of lawmakers. Continue reading World’s first Model Law on Public Financial Management

International cyber relationships, internet platforms and virtual worlds: project outline and call for support

More and more aspects of life are covered by the internet. This increases the number of relationships that arise between natural and legal persons. These relationships can arise via the internet in general, on platforms like LinkedIn or in virtual worlds like “Second Life”. In the future, the “metaverse” or similar “virtual worlds” may aim to supplant the real world, creating even more complex legal relationships. Continue reading International cyber relationships, internet platforms and virtual worlds: project outline and call for support

Model Law on Environmental Liability

Environmental liability is a matter of fairness. The deterrence effect of environmental liability also helps to reduce environmental pollution. Unsurprisingly, environmental liability acts have emerged in many jurisdictions around the globe. Quite a number of them will soon go under revision. In view of that, we undertake the development of a Model Law on Environmental Liability. Our model law covers both the public law and the private law side of environmental liability, offering more choices for regulators. Continue reading Model Law on Environmental Liability