Oxford Business Law Blog

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...

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...

In a significant judgement dated 4 March 2020, the Supreme Court of India in Internet and Mobile Association of India v Reserve Bank of India (2020 SCC Online SC 275), struck down a Reserve Bank of...

Effective economic policies are urgently required to deal with the enormous strain that the global epidemic is putting on all of the European Union (EU) economies. Right away, a key dimension in...

Few things are more predictable than loud demands for regulatory interventions to ‘stop speculation’ when stock market prices plunge: in these days, as in any recent stock market crash, we hear...

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...

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...

Over 70% of the 63 central banks surveyed by the BIS are researching Central Bank Digital Currency (CBDC), and few of them have projects in advanced stages. They mostly focus on the impact on...

Online financial fraud targeted at consumers through phishing attacks and identity theft, for example, is a growing problem. The increased risk of fraud is linked with digitalisation of financial...

The Court of Justice of the European Free Trade Association States (the ‘EFTA Court’), the Court of Justice of the European Union’s distant cousin for the European Economic Area, delivered its...

Modern finance is fast moving, extremely complex, and contributes to pervasive unknowns. Yet the processes governing how finance is regulated are typically slow, highly deliberative, and often...

In recent years, the rate of innovation has increased dramatically, and new technologies are being introduced in almost all markets around the globe. Disruptive innovations such as blockchain,...

The European Union is moving toward implementing a policy to strengthen anti–money laundering (AML) supervision across its Single Market, namely enforcing requirements on banks and other firms to...

Faced with the challenges posed by the rise and evolution of disruptive technologies and innovations, countries have adopted differing regulatory approaches and adapted institutional structures and...

Disclosure is an extremely valuable aspect of the current corporate law landscape, and scholars have been increasingly referring to it and engaging with in-depth discussions on the topic. The...