Oxford Business Law Blog

Many scholars have called for legal reform to end taxpayer-funded bailouts and crack down on anticompetitive practices by financial institutions. Failure to do so, in an era of fintech innovation,...

The European Securities and Markets Authority (‘ESMA’) was established over six years ago. It, and its sibling bodies for banking, and the insurance and occupational pensions sector, emerged from the...

Investment managers owe fiduciary duties to clients, including a duty of loyalty and a duty of care. A persistent question, with no clear answer, is what precisely is required by the duties of...

Modern, globalised financial markets are the offspring of a process of liberalisation of capital that started with the collapse of Bretton Woods in the 1970s and culminated with the deregulation...

The Courts have seen many claims by lenders against valuers for overvaluing property taken as security for loan transactions, and the principles to be applied to such claims are well established. A...

Private investment fund managers have started to embrace the use of blockchain technology to facilitate investment and process optimization. Several private investment funds have spearheaded the...

‘Fragmentation is in no one’s economic interest. Nor is it necessary for financial stability. Indeed it can damage it.’ - Mark Carney, speech given at Mansion House, 20 June 2017. A paradox of our...

As of July 7th, 2017, Initial Coin Offerings (ICOs) have raised over USD 380 million this year in exchange for the issuance of cryptocurrency. In the last 12 months or so, this process has emerged as...

Few aspects of the Market Abuse Regulation (‘MAR’) have generated as much angst and uncertainty among market participants planning capital markets transactions as the market sounding provisions of...

Academics across multiple disciplines and policymakers in multiple institutions have searched for the economic, political, and institutional foundations for financial market strength. Promising...

The growth of financial technology is a marked trend, with Price Waterhouse Coopers observing fintech as ‘a dynamic segment at the intersection of the financial services and technology sectors where...

The Financial Stability Board (FSB) has a long history of taking the high road in proposing international financial regulatory standards. Its Key Attributes for Effective Resolution Regimes for...

With the Italian bank Monte dei Paschi di Siena (MPS) being bailed out by the Italian taxpayer, push comes to shove: Are post-crisis reforms working? First and foremost, this concerns the innovative...

Technological shocks, import competition, and shifts in regulatory policies lead with increasing frequency to radical change in economic environment and major industry shakeouts. Whether firms...

On 6th June, five European banking federations signed, with the blessing of three European associations representing the interests of SMEs and businesses, a four-page document entitled ‘High-level...

The new Market Abuse Regulation (‘MAR’) follows, in substance, the former Market Abuse Directive (‘MAD’) in relation to both the obligation of listed issuers to inform the market as soon as possible...

Recent years have seen burgeoning global interest in temporary (sunset) legislation - statutory provisions enacted for a limited amount of time, after which they expire, unless their validity is...