Detailed Information on Publication Record
2017
Stock Exchange Interconnections and Legal Issues in Data Exchange
POLČÁK, RadimBasic information
Original name
Stock Exchange Interconnections and Legal Issues in Data Exchange
Authors
POLČÁK, Radim (203 Czech Republic, guarantor, belonging to the institution)
Edition
Masaryk University Journal of Law and Technology, 2017, 1802-5943
Other information
Language
English
Type of outcome
Článek v odborném periodiku
Field of Study
50501 Law
Country of publisher
Czech Republic
Confidentiality degree
není předmětem státního či obchodního tajemství
References:
RIV identification code
RIV/00216224:14220/17:00098162
Organization unit
Faculty of Law
Keywords in English
Stock Exchange;Data Protection;Cybersecurity;Virtualisation
Tags
Tags
Reviewed
Změněno: 15/7/2020 10:03, Mgr. Petra Georgala
Abstract
V originále
If philosophical cybernetics was interested in stock exchanges, it would probably treat them as relatively simple information structures. From that perspective, stock exchanges can be viewed as places where data on supply and demand of various negotiable instruments are processed. Besides that, stock exchanges, as institutions, provide respective transactions with additional informational (organisational) value that mostly consist of trust regarding the traders, clearing etc. Consequently, a stock exchange interconnection can be seen as very natural process providing for bigger pool of useful data. One of key tasks in the establishment of exchange schemes is then not to hinder or diminish the added information value, i.e. to at least keep the existing level of trust. In that sense, one of the most important components of interconnection design is the legal compliance. In the comment, we will examine some of the most emerging legal issues in data sharing between stock exchanges that were subject to examination under recently concluded project ‘Creating a legal and regulatory framework for interconnections between stock exchanges: A comparative study of the UK and Taiwan’ funded by the British Academy (UK) and the Ministry of Science and Technology, Taiwan. We will particularly focus in this comment on compliance issues in cross-border transfers of personal data and newly emerging regulatory phenomenon of cybersecurity.