The UK House of Lords Comments on the Feasibility of a European Banking Union
The UK House of Lords has commented on the feasibility of a European banking union.
Originally Published:
Wednesday, December 12, 2012
Europe
Would the Real EU Please Stand Up?
Originally Published:
Wednesday, December 12, 2012
Should London's financial services sector control nearly 40% of the Euro's foreign exchange trade?
Regulating Culture in the Aftermath of Libor
On 26 October 2012, the CLMR and Allens Linklaters hosted a workshop examining compliance, risk management and accountability in the aftermath of Libor.
Originally Published:
Friday, October 26, 2012
Regulating Culture: The Limits of Sanctions
Originally Published:
Sunday, October 28, 2012
Regulatory authorities must be cognisant of the limitations as well as the power of enforcement if public confidence is to be warranted.
Regulating Culture: Gaming the World's Most Important Number
Originally Published:
Wednesday, October 24, 2012
How and why was the open secret of LIBOR manipulation ignored by the British Banking Association, regulators and banks themselves? Self-interest, myopia and culture are the plausible explanations.
CLMR Working Paper 12-1: The Common Link in Failures and Scandals at the World’s Leading Banks
While the roots of recent institutional failures run deep, this past northern summer has revealed substantial compliance, risk management and governance failures at major international banks at an unprecedented level.
Originally Published:
Wednesday, August 1, 2012
CLMR Working Paper 12-3: Enforcing Compliance or Privileging Unaccountability? The Efficacy and Dangers of Deferred Prosecutions in the Corporate Sector
The difficulties associated with managing and surviving a hostile operating environment has weakened commitment to ethical operating standards.
Originally Published:
Saturday, September 1, 2012
Foreign Bribery in Australia II: U.K. Serious Fraud Office Tightens Approach to Enforcement of Bribery Act 2010
Originally Published:
Monday, October 15, 2012
The U.K.’s Serious Fraud Office has significantly tightened its policies on facilitation payments, hospitality and self-reporting under the Bribery Act 2010, with implications for Australian firms.
Resetting LIBOR? Is it Possible or Desirable?
Originally Published:
Thursday, October 11, 2012
The priorities of market actors and the evolution of financial markets themselves may render Libor and any UK-based successor more marginal in future global financial markets.
The Libor Scandal: Another Example of Neutralised and Routinised Deviance in the Financial Services Sector?
Originally Published:
Wednesday, September 26, 2012
What have been some of the key regulatory reactions thus far to the Libor scandal in the UK and elsewhere?