In August 2007 the United Kingdom experienced its first bank run in over 140 years. Although Northern Rock was not a particularly large bank (it was at the time ranked 7th in terms of assets) it was nevertheless a significant retail bank and a substantial mortgage lender. In fact, ten years...

This article considers the Finanical Stability Board and the extent to which this extension of the current "soft law" regime can be a substitute for a "hard law" regime with greater enforcement powers. The article concludes that greater institutional backing for the FSB is achievable without...

This article considers the Finanical Stability Board and the extent to which this extension of the current "soft law" regime can be a substitute for a "hard law" regime with greater enforcement powers. The paper concludes that greater institutional backing for the FSB is achievable without...