Oxford Business Law Blog

Consumers’ financial choices are often quite complex. For instance, choosing a new credit card entails assessing various features of each card, such as introductory and ongoing interest rates, annual...

In March 2018, the UK and the EU reached an agreement on the terms of an implementation period following the UK’s withdrawal from the EU (Brexit). But in the case of a ‘no-deal Brexit’, ie, if there...

Much of the literature on the Global Financial Crisis understandably focuses on contributors to that crisis, such as rampant deception within the American mortgage markets, or the creation of complex...

This conference explores the use of technology in financial markets from the perspectives of finance, law and regulation. The event covers payment systems, cryptocurrencies and property law, digital...

In the shadow of the Brexit negotiations, the EU is changing. A European Monetary Fund to battle the next crisis, new rules on national fiscal policy, proposals to boost structural reforms in the...

The legal protection provided to creditors to enforce their contracts with debtors is central to the functioning of credit markets. These include the rights afforded to lenders in bankruptcy,...

Bank resolutions and specifically bail-ins are among the most complicated and contentious issues of banking law, in the EU and elsewhere.. Bearing the potential to directly affect thousands of...

Historically, India has always been a heavily cash-dependent economy. However, in the recent past, it is witnessing a steady growth in the volume and value of digital financial transactions,...

Bail-in and its supplementary capital requirements have much touted potential. Beyond their promise to reign in financial institutions’ bail-out moral hazard, bail-in intends to stem systemic risk...

On 23 January 2019, the Financial Conduct Authority (FCA) issued a guidance on cryptoassets (FCA-GC) with the purpose of improving and clarifying the regulatory framework of cryptoassets in the...

Data standardization—the process of developing and implementing rules for how data are described and recorded—offers significant benefits for financial firms and regulators. Nonetheless, the topic...

Power prefers permanence. Unregulated markets tend toward concentration as the successful try and entrench themselves by pulling up behind them the ladder of competition that they themselves climbed...

‘Too big to fail’—or ‘TBTF’—is a popular metaphor for a core dysfunction of today’s financial system: the recurrent pattern of government bailouts of large, systemically important financial...

The EU Revised Shareholder Rights Directive (SRD II) is currently required to be implemented by 10 June 2019. It seeks to encourage long-term shareholder involvement through increased transparency...

Cryptocurrencies and their potential impact on central banking have sparked a policy debate on addressing their potential risks to the banking and monetary systems. By highlighting the functional...

In early 2009, with the financial crisis still raging, progressive policymakers successfully passed legislation upending the credit card industry. This legislation precluded card issuers from...

Both practitioners and academics generally have a dim view of dual-class share structures. For example, when Snap Inc. was preparing for its initial public offering (IPO) in 2017, CalPERS and other...

Under the new Insolvency and Bankruptcy Code, the Insolvency and Bankruptcy Board of India has a statutory responsibility to collect, maintain, and disseminate data about the new insolvency and...

Remember your last online purchase? Chances are, the price you paid was not set by humans but rather by a software algorithm. Already in 2015, more than a third of the vendors on Amazon.com had...

A keynote policy of UK financial regulation since the financial crisis has been the ‘ring-fencing’ of retail banks into separate and independently operated entities, so-called ‘ring-fenced bodies’ (...

In our paper ‘Director Bankruptcy Experience and Corporate Risk Taking’, we evaluate the extent to which a director’s corporate bankruptcy experience affects the policies their firms follow. We begin...