The current model of corporate governance needs reform. There is mounting evidence that the practices of shareholder primacy drive company directors and executives to adopt the same short time horizon as financial markets. Pressure to meet the demands of the financial markets drives stock...

Since the European Commission adopted an action plan for promoting sustainable finance in 2018, legislative reform has been introduced for enhanced market building in sustainable finance products as well as to harmonize the regulative standards for them. Regulation is intended to mobilize the...

In December 2018, a Corporate Governance Code aimed at large private companies was unveiled, the culmination of an industry-led effort in producing a set of best practices in large private companies. These standards would also facilitate compliance with the mandatory obligation for large...

The integrity of price-related financial benchmarks such as the London Inter-bank Offered Rate (LIBOR) and the foreign exchange London WM Reuters 4pm ‘fix' has suffered in the wake of revelations of manipulative activity carried out by individuals in financial institutions. A regulatory regime...