Oxford Business Law Blog

To the surprise of many, the pandemic accelerated interest in ESG (Environment, Social and Governance) issues in 2020. As BlackRock pointed out in its last CEOs’ letter, ‘From January through...

This post is based on a chapter in my forthcoming book, Regulating the Crypto-economy (Hart Publishing). A brief introduction to the book sets the context for the arguments made in the chapter...

Since the global financial crisis of 2008, macroprudential housing-finance tools (MPTs) have been increasingly utilized to reduce financial system vulnerabilities related to housing market imbalances...

In our recent article, entitled ‘Relief and Rescue During the Covid-19 Pandemic: Financial Regulatory Suspensions in the UK’ (Stanford International Policy Review) and its shorter version, entitled ‘...

In the United States, supervision is as old as banking, or nearly as old. State governments developed oversight regimes in the 1830s, and the federal government has played a permanent supervisory...

In 2002, the European legislature considered that a legal framework to facilitate financial collateral transactions such as repurchase agreements (repos), securities lending and derivatives would ‘...

Short selling is a controversial investment tool. There seems to be a deeply ingrained view that short sellers are mere speculators whose aim is to mercilessly bring down otherwise sound companies to...

Financial regulation is commonly associated with a set of ex ante rules imposed by government on the financial sector in the public interest and accompanied by mechanisms of public supervision and...

In its Financial Stability Report for the year, the Reserve Bank of India cautioned that there ‘is no room for complacency on cyber security’. The central bank’s warning is timely. The Indian...

September 2020 was the warmest month on record worldwide. For the first time in recorded history, the main nursery of Arctic sea ice has failed to freeze by late October. In recent years alone, we...

Fintech’s reach has been steadily expanding India, with a proliferation of intermediaries, particularly in the payments and lending spheres. While not wholly devoid of activity, the digital banking...

In the past years, Initial Coin Offerings (ICOs) have become an important fundraising method for many individuals and firms. While most regulators, academics and policymakers around the world have...

Banks became major participants in US securities markets twice in the past century—during the 1920s and after the mid-1990s. Both times, banks with ‘universal banking’ powers originated risky loans...

Founded in Germany in 1999, Wirecard AG (‘AG’ is a public limited company formed in Germany) operated in the digital payment segment of the FinTech sector. The shares of Wirecard were listed in the...

The ECGI - SSE Riga Conference on ‘SMEs, Families and Capital Markets’ took place (online) on 19 June 2020, bringing together policymakers, academics and practitioners to explore some of the key...

The recent e-book on Pandemic Crisis and Financial Stability, which was published by the European Banking Institute (EBI) and which I co-edited with Georg Ringe (Hamburg University) contains as...

In April 2020, Monash University hosted the first session of the ECGI/GCGC 24 hour global webinar on The COVID-19 Crisis and Its Aftermath: Corporate Governance Implications and Policy Challenges...

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...

Personal property security law is a crucial element in the complex mosaic of access to credit and financial inclusion. The prevailing view among scholars, policymakers and legislators is that a legal...

The recent judgement by the German Federal Constitutional Court (‘FCC’) has been widely criticised both for its legal reasoning and for its impact on the EU legal order. Nevertheless, it yields...