Journal of Financial Regulation and Compliance: Volume 18 Issue 3

Does flexibility hinder financial regulation? The case of CRA enforcement in the USA

Drew Dahl

The purpose of this paper is to determine whether lending qualifying for credit under the Community Reinvestment Act (CRA) is associated with how broadly banks define the…

War on savings: modern monetary management in crisis

Sarel Johannes Oberholster

The purpose of this paper is to examine modern monetary policy as practiced and promoted by the officials of Central Banks, with the Federal Reserve Bank of the USA and the Bank…

What caused the Irish banking crisis?

K.P.V. O'Sullivan, Tom Kennedy

The purpose of this paper is to explore the Irish banking crisis and explain how various factors contribute to a collapse in asset prices, an economic recession and the near…

Financial innovation and social welfare

Andrew William (Andy) Mullineux

The purpose of this paper is to consider the case for regulating financial innovation in light of the recent global financial crisis.

MiFID, Reg NMS and competition across trading venues in Europe and the USA

Giovanni Petrella

The purpose of this paper is to evaluate how markets in financial instruments directive (MiFID) and regulation national market system (Reg NMS) affect the competition for order…

Bank failure and deposit protection in offshore Britain: the case of Guernsey

P.E. Morris

The global financial turmoil of 2008 spilled over into the British Isles offshore jurisdictions of Guernsey and the Isle of Man resulting in the collapse of two local subsidiaries…

Legal commentary

Joanna Gray

The purpose of this paper is to report and comment on a High Court ruling where the Court had to decide certain preliminary issues of law arising out of a mis‐selling claim…