Oxford Business Law Blog

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

The great American baseball sage, Yogi Berra, is thought to have once remarked: ‘It’s tough to make predictions, especially about the future’. That is certainly true, but thankfully the accelerating...

This post is based on my new working paper, ‘Bad Money’. Today, only a small fraction of the money in circulation is made up of physical notes and coins issued by sovereign governments. Instead, the...

The Centre for Banking & Finance Law (CBFL) at the Faculty of Law, National University of Singapore is holding a conference on the Future of Banking and Finance in the Digital Era on 9 - 10 March...

Just a month ago, the Federal Reserve pumped USD 75b into the financial markets on 15 September and the two following days. This extraordinary measure was taken to address a sudden spike in the so-...

For the past several years, the US Congress has been considering various versions of a legislative reform that would amend the Bankruptcy Code to facilitate the prompt reorganization of systemically...

Although various authorities in the US have repeatedly claimed that they do not wish to over-regulate cryptoassets or to stifle innovation in the space, overlapping regulations produced by a...

There is now growing recognition amongst scholars of the important role of social capital in improving economic outcomes. In influential work in economics and sociology it is argued that social...

Until recently crowdfunding activities in Switzerland were severely restricted by banking regulations. An exuberant legal bank monopoly for the deposit taking business limited both the possibilities...

In recent times, cybersecurity has been among the foremost of issues that global financial regulators have sought to address. In attempting to do so, several distinct approaches have emerged. These...

Introduction On 18 May 2017, the Singapore Court of Appeal ('Court of Appeal') in Jacob Agam and another v BNP Paribas SA [2017] SGCA(I) 01 delivered its first judgment on an appeal from the...

My paper highlights the pros and cons of technology based banking services in India. Banks mobilize public savings and facilitate investments. The liberalization of banking services by the government...

Prior research has found that external audits of banks under the Federal Deposit Insurance Corporation Improvement Act (‘FDICIA’) of 1991 constrained at least some aspects of accounting discretion...

In a chapter of the recently published Oxford Handbook of Financial History (available here) I define banking crises, consider the type of costs that they impose, and outline the most common causes...