Oxford Business Law Blog

Follow Oxford Business Law Blog

Filter by

OBLB categories

  • Financial Regulation
14 Aug 2019
4 min to read

Report of the Inter-Ministerial Committee on Virtual Currencies: A missed opportunity for India

Shehnaz Ahmed

Recently, an Inter-Ministerial Committee (IMC) constituted by the Ministry of Finance, Government of India released a report recommending a law to ban cryptocurrencies in India. The proposed law...

OBLB categories

  • Commercial Law
  • Corporate Finance
  • Financial Regulation
12 Aug 2019
2 min to read

Responsible Finance Sukuk—Combining Financial Returns with Societal Value

Edana Richardson

With a range of green, social and sustainability investment opportunities now available within the conventional finance sector, responsible finance increasingly provides market participants with an...

OBLB categories

  • Corporate Finance
  • Corporate Governance
  • Financial Regulation
07 Aug 2019
2 min to read

Regulatory and Market Challenges of Initial Coin Offerings

Ricardo Correia

In the aftermath of the 2007–2009 financial crisis, a series of alternative financing solutions have emerged, of which one of the most successful are Initial Coin Offerings (ICOs). ICOs are a way to...
Featured

OBLB categories

  • Financial Regulation
06 Aug 2019
4 min to read

Regulatory Technology: Eight Policy Recommendations

Eva Micheler | Johannes Jiang

Recent advances in computer science make it possible to develop technology to facilitate the delivery of regulatory requirements. This technology is referred to as ‘regulatory technology’ or ‘RegTech...

OBLB categories

  • Commercial Law
  • Financial Regulation
05 Aug 2019
3 min to read

Distributed Ledger Technology and Digital Assets in Asia

Ross Buckley | Anton Didenko | Douglas W Arner | Cyn-Young Park | Bo Zhao

Distributed ledger technology (DLT) and blockchain have attracted massive investment interest globally, which reflects their substantial transformative potential, especially in the financial sector...

OBLB categories

  • Financial Regulation
19 Jul 2019
5 min to read

Let’s Agree on Common Identity Verification Rules for a Common Digital Banking Market

Jonas Sturies

Challenger banks do not only challenge traditional banks but also the rules aimed at them. The detail, how banks have to verify the identity of new customers in different jurisdictions, shows how...

OBLB categories

  • Corporate Governance
  • Financial Regulation
09 Jul 2019
3 min to read

The Case Against the Implementation of Loyalty Shares in Spain

Aurelio Gurrea Martínez

The Spanish Ministry of Economy has recently released a new bill that, among other aspects, proposes an amendment of the Spanish Companies Act to allow listed companies to adopt loyalty shares. These...

OBLB categories

  • Commercial Law
  • Corporate Governance
  • Financial Regulation
05 Jul 2019
3 min to read

The EU Cross-border Distribution of Funds: The Implications for Alternative Investment Funds

Tim Lewis | Jane Tuckley | Phil Bartram | Stephanie Briggs | Sam Kay | Aaron Stocks | Jeremy Elmore | Will Normand

A new package of measures amending the existing regimes governing the cross-border distribution of funds is due to become law shortly: a Directive (the CBD Directive) will amend the existing regimes...

OBLB categories

  • Financial Regulation
03 Jul 2019
4 min to read

The Death of a Regulator: Strict Supervision, Bank Lending and Business Activity

Joao Granja | Christian Leuz

A recurring theme in banking crises is the public backlash against bank supervisors for their failure to take prompt and decisive action to unearth and correct problems of weak banks. The latest...

OBLB categories

  • Commercial Law
  • Corporate Governance
  • Financial Regulation
01 Jul 2019
3 min to read

A Legal and Regulatory Framework for Governance of Cryptoassets

Apolline Blandin | Michel Rauchs | Hatim Hussain

In the inaugural Global Cryptoasset Regulatory Landscape Study, a team of researchers at the Cambridge Centre for Alternative Finance, Judge Business School, have compared and contrasted various...

OBLB categories

  • Financial Regulation
25 Jun 2019
4 min to read

Ever-changing leverage ratio framework may cause regulation fatigue

Mete Feridun

The revised EU Capital Requirements Directive and Regulation, commonly referred to as CRD 5 and CRR 2, refine and continue to implement Basel III framework in the EU. One of the key rules introduced...

OBLB categories

  • Corporate Finance
  • Corporate Governance
  • Financial Regulation
21 Jun 2019
2 min to read

Empirical Studies on Gender Diverse Boards: Be Aware of the Value Bias in Corporate Debt

Jan Riepe | Philip Yang

Gender Balancing Laws are popular means for regulators to increase the female representation on corporate boards. Norway was among the first countries to introduce a mandatory board gender quota back...

OBLB categories

  • Commercial Law
  • Financial Regulation
18 Jun 2019
2 min to read

Adoption of Singapore Law as the Governing Law for OTC Derivative Transactions

Kai Loon Loh | Evan Lam

Over-the-counter (‘OTC’) derivative transactions have been a feature of the financial markets for a number of decades, and the ISDA Master Agreement, which is used to govern OTC derivative...

OBLB categories

  • Financial Regulation
14 Jun 2019
5 min to read

New EU prudential regime for investment firms

Tim Lewis | Jane Tuckley | Phil Bartram | Stephanie Biggs

The new Regulation on prudential requirements for MiFID investment firms (IFR) and the accompanying Directive (IFD) have now been passed by the European Parliament and, subject to adoption by the...

OBLB categories

  • Commercial Law
  • Corporate Finance
  • Financial Regulation
04 Jun 2019
3 min to read

Ten Years After: The Spector Presumption of Insider Dealing in MAD, MAR and MAD II

Morten Kinander

2019 marks the ten-year anniversary for the Spector-decision, where the European Court of Justice determined that when an investor is in possession of inside information while trading, it can be...

OBLB categories

  • Corporate Governance
  • Financial Regulation
03 Jun 2019
4 min to read

Network-Sensitive Financial Regulation

Luca Enriques, Faculty of Law | Alessandro Romano | Thom Wetzer, Faculty of Law

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...

OBLB categories

  • Commercial Law
  • Corporate Governance
  • Financial Regulation
28 May 2019
4 min to read

Centros@20 Series: Centros, California’s 'Women on Boards' Statute and the Scope of Regulatory Competition

Jill Fisch | Steven Davidoff Solomon

It has been twenty years since the European Court of Justice issued its decision in Centros Ltd. v. Erhvervs - og Selskabsstyrelsen (Centros). Since that time, Centros has been widely understood as...
Featured

OBLB categories

  • Brexit
  • Commercial Law
  • Corporate Finance
  • Corporate Governance
  • Financial Regulation
22 May 2019
1 min to read

Introducing the Centros@20 Series

Horst Eidenmüller, St Hugh's College | Luca Enriques, Faculty of Law

This post introduces the ‘Centros@20 Series’, a special series of posts based on contributions to the ‘Centros and European Company Law: Twenty Years of Living Dangerously’ conference that took place...

OBLB categories

  • Commercial Law
  • Corporate Finance
  • Financial Regulation
21 May 2019
3 min to read

Accounting for Financial Stability: Lessons from the Financial Crisis and Future Challenges

Jannis Bischof | Christian Laux | Christian Leuz

The 2008 financial crisis set off a major debate about the role of accounting for financial stability. Politicians, policymakers and commentators were quick to point to fair-value or mark-to-market...

OBLB categories

  • Financial Regulation
16 May 2019
3 min to read

The Future of Data-Driven Finance and Regtech: Lessons from EU Big Bang II

Dirk A. Zetzsche | Douglas W Arner | Ross P Buckley | Rolf H. Weber

In our new working paper entitled ‘The Future of Data-Driven Finance and RegTech: Lessons from EU Big Bang II’ we argue that 2018 marked an important point in the evolution of finance: a Big Bang of...

OBLB categories

  • Commercial Law
  • Financial Regulation
14 May 2019
2 min to read

Intermediated Securities Holding Systems Revisited

Charles W. Mooney, Jr. | Thomas Keijser

Recent technological developments require a reconsideration of intermediated securities holding systems. This post presents two recent papers that examine aspects of this issue. Current intermediated...

Pages

Supported by

Benefactor