Purpose – Amid increased size and complexity of the banking industry, operational risk has a greater potential to occur in more harmful ways than many other sources of risk. This paper seeks to provide a succinct overview of the current regulatory framework of operational risk under the New...

Purpose – The purpose of this paper is to apply theoretical concepts of corporate and bank boards to the Boards of Directors at Federal Reserve Banks and at US Basel II A-IRB adopters. The Basel II Accord set to take effect in the USA in 2009 provides direction as to board oversight in Pillar...

Purpose – To argue a case for a paradigm shift in the way urban cooperative banks (UCBs) are managed, governed, and regulated in India to enable them to enhance their contributions to achieving greater degree of financial inclusion, and more broad-based growth. Design/methodology/approach –...

Purpose – To report and comment on the case Real Estate Opportunities v. Aberdeen Asset Managers Jersey Ltd & Ors. Design/methodology/approach – Outlines the facts and explains the decision reached. Findings – The Court ruled that the rules relating to the attribution of knowledge to a...

Purpose – To explore the implications of financial sector convergence for corporate governance systems. Design/methodology/approach – Globalisation, regulatory harmonisation and pensions reform are driving convergence of bank and market oriented systems of corporate finance towards a hybrid...

Purpose – The study sets out to report and comment, from a competition law perspective, on communication between competitors. Design/methodology/approach – The study outlines the facts and presents an opinion. Findings – The study finds that communications between competitors can give rise...

Purpose – This paper aims to report and comment on the Court of Appeal ruling on Real Estate Opportunities Ltd v. Aberdeen Asset Managers Jersey Ltd and others. Design/methodology/approach – The paper outlines the facts surrounding this decision and the action involved. Findings – The...

Purpose – The purpose of this paper is to consider the outcome of the Financial Services Authority (FSA)'s first ever contested criminal prosecution of company directors accused of making misleading statements to the market. Design/methodology/approach – The paper reviews the trial and the...

Purpose – The purpose of this paper is to explore certain remaining differences in the underlying legal considerations and the differing customs and practices of US and UK mergers and acquisitions in relation to certain issues. Design/methodology/approach – A review was undertaken of the...

Purpose – This study aims to report and comment on the High Court judgment regarding The Inertia Partnership (TIP). Design/methodology/approach – The paper outlines the facts surrounding this decision and comments on the ruling. Findings – The court took a strong line on the link between...