The Global Financial Crisis of 2007-2008 has demonstrated the fragility of prevailing corporate governance ideas and the weakness of legal means of minimizing risk and highlighting dangers in major banking corporations. Gatekeeper failure has undoubtedly been a significant contributor to this...

We have reached a turning point in our efforts to regulate banks and financial institutions by resort to current risk-based models and regulatory structures. As is evident from failures during the global financial crisis that burst upon the scene in later 2007, the use of these risk based and...

The global financial crisis has caused many to review the current effectiveness of prevailing corporate governance ideas in many developed countries, such as in the UK, the USA and in the EU more generally. We have seen a move away from a primary focus upon self regulation to a greater resort to...

The Global Financial Crisis (GFC) threatened to bring world financial markets to a halt. It is now coming to light that in the run-up to, and at the height of, the GFC, investment banks and other participants in the financial markets acted unethically as well as imprudently. This article takes a...

The collapse of Northern Rock plc in September 2007 as a result of the financial crisis that had its origins in the sub-prime mortgage bubble in the United States focussed attention on the limited nature of governmental powers in the UK to deal with banks in distress or facing insolvency. The...

The global financial crisis that began in late 2007 has signaled a turning point in the regulatory responses to financial crime around the world. The failure of light handed regulation and risk assessment by both industry and regulators made the operation of financial regulatory agencies almost...