Blog

The UK Financial Conduct Authority (FCA) has taken action to stop four Cypriot investment firms from continuing to offer contracts for difference (CFDs) to UK investors. The action marks the first...

The increasing use of financial technologies (FinTech) by market participants has fostered a discussion among public authorities on the use of similar technologies for regulatory (RegTech) and...

The notion of independence and impartiality of the adjudicators, be it in the identity of judges or arbitrators, is a hallmark of any adjudicatory process. Nemo iudex in causa sua, meaning that no...

The Big Three index funds—Vanguard, BlackRock, and State Street—play an increasingly important role in proxy voting. Their influence derives from the fact that under US law, as well as that of many...

On Friday 12 June, the universities of Edinburgh and Glasgow (the Corporate and Financial Law Research group) jointly hosted a full-day webinar entitled ‘Does the global pandemic signal a paradigm...

In the common telling of the corporate criminal justice parable, the law punishes criminal corporations in order to induce them to fix whatever caused them to do wrong. But there are some criminal...

Our paper ‘Why “Less is More” in non-Financial Reporting Initiatives: Concrete Steps Towards Supporting Sustainability’ sheds light on why ‘less is more’ in the non-financial reporting landscape and...

The novel strain of the coronavirus (COVID-19) has led to a trend of companies patching-up reporting by adding estimates of pre-COVID-19 profits to its EBITDA. Recently, COVID-19 prompted Schenck...

Since July 2016 it has been an open question whether the Market Abuse Regulation No. 596/2014 (MAR) creates horizontal direct effect such that market participants have a private right of action for...

Even a cursory review shows ample evidence of the importance of fiduciary-related norms, not only both in common-law and civil-law jurisdictions, but also beyond the nation state. Additionally, many...

India has a system for providing advance rulings for international tax queries by investors. The idea behind this mechanism is to help international investors obtain some clarity on their tax...

Rapid advances in artificial intelligence (AI) have tremendous implications for the economy as well as the society at large. Particularly machine learning as general-purpose technology has the...

We recently estimated the US bankruptcy system’s ability to absorb an anticipated surge of financial distress among American consumers, businesses, and municipalities as a result of COVID-19. An...

In September 2019, India’s securities market regulator (Securities and Exchange Board of India or SEBI), enacted the SEBI (Foreign Portfolio Investors) Regulations 2019 (FPI Regulations). The FPI...

The lockdown measures introduced in the wake of the COVID-19 pandemic have exacted an unprecedented toll on global supply chains. In some instances, these disruptions may give rise to claims—for...

The PSPP judgment of the German Federal Constitutional Court (GFCC), concerning the European Central Banks (ECB) public purchase programme of sovereign bonds, is only at first glance a ‘bang on the...

Some scholars today praise a personalization of the law due to new technological possibilities such as algorithmic analysis of Big Data. When companies personalize their advertisement, why should the...

My forthcoming article, ‘The Conundrum of Common Ownership’, examines the phenomenon of common ownership, through a corporate governance lens. The common ownership debate has become one of the most...