COLUMBIA JOURNAL OF ASIAN LAW

VOL. 14 SPRING 2001 NO.2

CONTENTS

ARTICLES

REVISITING THE REGULATORY
FRAMEWORK OF CAPITAL MARKETS IN
MALAYSIA

VHEN COURTS AND POLITICS COLLIDE:
MONGOLIA'S CONSTITUTIONAL CRISIS

REGULATION AND COMPLIANCE IN
JAPANESE FINANCIAL INSTITUTIONS

Chee Keong Low

Tom Ginsburg &
Gombosuren Ganzorig

Akiko Karaki 327



ACKNOWLEDGMENT

The Columbia Journal ofAsian Law gratefully acknowledges the generous
grant from the Parker School of Foreign and Comparative Law which made the
establishment of the Journal possible.

EDITOR'S NOTE

Published semi-annually under the auspices of the Center for Chinese
Legal Studies, the Center for Japanese Legal Studies, and the Center for Korean
Legal Studies at the Columbia University School of Law, the Columbia Journal of
Asian Law is the successor to the Journal of Chinese Law, which commenced
publication in 1987. The Columbia Journal ofAsian Law provides a forum for legal
practitioners and scholars from Asia, the United States, and elsewhere to discuss the
broad range of issues that relate to law in the countries of Asia. The Columbia
Journal of Asian Law welcomes multidisciplinary, historical, and comparative
manuscripts, as well as those describing and analyzing aspects of contemporary law
and practice. As part of this effort, the Columbia Journal ofAsian Law maintains
a World Wide Web site, located at http://www.columbia.edu/cu/asiaweb.

The Columbia Journal of Asian Law welcomes your financial support.
Contributions can be sent to:

Columbia Journal ofAsian Law
Columbia Law School

435 West 116th St.
New York, NY 10027

asianlaw@law.columbia.edu



COLUMBIA JOURNAL OF ASIAN LAW

VOL. 14 SPRING 2001 NO.2

Board of Directors

R. RANDLE EDWARDS JEONG-HO ROH

Editor-in-Chief

JASON GOTTLIEB

Executive Editor

CECILIA CHAN

Submissions Editor

CHIN YOO

DAVID LIN

LAN Lou

lanaging Editor

LORNA XIN CHEN

Web Editor

GARLAND YU

Articles Editors

KEEWON SHIN

RONG TAO

SHIUNG YANG

Editors

DARREN MING CHEN
SUEANNE CO

BENJAMIN CURRAN

GEOFFROY DIDIER

YI LONG Du
MATTHEW EASTER

CHRISTOPHER HINES
EDUARDO JARA

AKIKO KARAKI
ELIZABETH KARPINSKI

MINA KIM
JIA-D WAN Ku

BOONG-KYU LEE
LING Li

LAWRENCE Liu

SUE YUHUA Liu

CIAN MITSUNAGA
CHRISTOPHER MOORE

DANA VALLACK

DEBBIE YEH

DAVID LEI YU
XIN ZHANG

FANGMEI ZHAO


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