Oxford Business Law Blog

Global financial stability depends on steady capital markets. At present, US markets represent about 38% of global equity and fixed income markets. US markets themselves rely on quasi-governmental...

The Dodd-Frank Act recently celebrated its 10th anniversary, with commentators, policymakers, and scholars joining the celebration by discussing the achievements of the sweeping post-crisis financial...

The pandemic crisis has accelerated the entry of financial technology (‘fintech’) firms into the banking industry. Some of the new fintech banks are owned or controlled by commercial enterprises. As...

Covid-19 is primarily a health and human crisis but is increasingly evolving also into an economic crisis. It is not yet a financial crisis; rather, so far the financial sector has been central to...

At the moment insolvency law is experiencing fundamental transformations to counter the negative economic effects caused by the outbreak of COVID-19, to support businesses and to promote their...

The LSE Systemic Risk Centre will be hosting an online public event via Zoom. The conference is organised by Eva Micheler (LSE Law, SRC), Jon Danielsson (LSE Finance, SRC) and JP Zigrand (LSE Finance...

The 2007-09 financial crisis exposed numerous vulnerabilities of the financial system stemming from unprecedented (idiosyncratic) failures within individual financial institutions that collectively...

The rapid spread of Covid-19 and massive change in behavior required to curb it have transformed the trajectory of the world’s economy. Just a few short weeks ago, the United States was basking in...

The impact of technology on finance (FinTech) is one of the hottest topics in business, law, and regulation, with academics and practitioners considering many issues, including cryptocurrencies, robo...

The recent stress in financial markets caused by the COVID-19 pandemic is an important reminder that shocks do not just come from sources that are endogenous to the financial system, as in the case...

The Financial Stability Board (FSB), established in the aftermath of the crisis by the G20, is an international entity that issues standards regarding global financial system. Since 2011, every...

Artificial intelligence has had a profound impact on finance. In the span of a few decades, it has made finance faster, more accessible, more profitable, and more efficient in many ways. Despite all...

Shocks that hit part of the financial system, such as the subprime mortgage market in 2007, can propagate and amplify through the complex network of interconnections among financial and non-financial...

Since the 1990s, the Internet has become the communications channel by which an increasing number of commercial and financial transactions take place. But already in the 1990s, it was clear that the...

On October 18, federal regulators released the largest U.S. insurance group, Prudential Financial, Inc., from enhanced government oversight. Prudential had been the last remaining systemically...

The regulatory requirement for banks to hold capital is related to the safety net afforded by (often implicit) government guarantees. Regulators are also concerned about the possibility of systemic...

As knowledge of cryptocurrencies becomes more widespread, the number of the people using them grows. Their attractiveness is due in part to their decentralized, peer-to-peer structure. This makes...

Since the global financial crisis, an increasing number of countries, including the United States, have been requiring most derivatives contracts to be cleared and settled through central...