Oxford Business Law Blog

As technological innovation disrupts the financial sector, regulators across the world continue to explore and experiment with new approaches to regulating innovation. A regulatory sandbox is one of...

A decade after the birth of Bitcoin, its governance has become increasingly contentious to the extent that even certain well-known proponents of the cryptocurrency declared that Bitcoin governance is...

There is a dearth of British tech-companies listing on the London Stock Exchange (LSE), and the LSE lacks a large, innovative tech-company such as Google. The UK Government has pinpointed attracting...

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

Consider the following case: Jerry publishes unlawful content about Newman on Facebook, Elaine shares Jerry’s post, the share automatically turns into a tweet because her Facebook and Twitter...

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...

‘Closet indexing’ refers to practices where a fund claims to attempt to beat the market, despite following a passive investment strategy in practice. Such practices may harm investors, who might end...

Employee participation in corporate governance refers to a range of institutions, voluntary or legally mandated, that engage employees in corporate decision-making, such as works councils with co-...

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...

The US bankruptcy system is regarded as the preeminent bankruptcy system in the world due to its ability to secure high creditor recovery rates, preserve value for stakeholders, and facilitate...

Corporate organisational constructs facilitating social enterprise have proliferated for the last decade across many European jurisdictions. In a recent paper (forthcoming in the Journal of Corporate...

Can anyone really own virtual tokens, such as Bitcoin, Ether, and Facebook’s anticipated token – the Libra? The advantages offered by these cryptocurrencies stem from their underlying technology – a...

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...

Stewardship codes have proliferated around the world during the last decade. It is possible to attribute the driving philosophy behind this phenomenon to the pioneering effort in the form of the UK...

The statement that reciprocal loyalty encourages collaboration needed for contract performance is a truism, practically a cliché. Courts have long emphasized the significance of honesty, cooperation...

In a recent chapter in the Research Handbook on EU Environmental Law, edited by Marjan Peeters and Mariolina Eliantonio, we review a number of initiatives at EU level that seek to integrate...

The right to an independent and impartial judge in the determination of one’s civil rights or a criminal charge against them is recognized in all advanced legal systems. It is also often said that...

Mandatory disclosure is a foundation of modern securities law, both in the United States and around the world. But is it really necessary? After all, corporate promoters wishing to sell securities...

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...