This paper is aimed at highlighting how common law has evolved over the centuries, namely through the flexibility accorded to judicial precedents, as well as through the evolutionary nature evidenced in the processes and rules applied in statutory interpretation. In addition to illustrating how...

This article considers the possible outcomes of the 2000 Presidential election results and the consequences which the war in Iraq has generated in respect of US-Middle East relations, US- China-relations, US-UK relations, as well as the rest of the world. It also serves as a poignant reminder...

On the 2nd October 2016, the United Kingdom's Prime Minister, Theresa May, announced at the Conservative Party Conference in Birmingham, that Article 50 – the formal process for leaving the European Union, would be triggered by the end of March 2017. This in effect, should facilitate...

This paper traces the developments that have contributed to the importance of risk in regulation. Not only does it consider theories associated with risk, it also discusses explanations as to why risk has become so important within regulatory and governmental circles. Two forms of risk...

Up until 1989, there existed “the Big Eight” accountancy firms namely the eight major international accountancy firms, Arthur Young (AY), Ernst & Whinney (EW), Deloitte Haskins & Sells (DHS) ,Touche Ross (TR), Price Waterhouse, Coopers and Lybrand, Arthur Andersen and KPMG. At present, there...

What impact will digital apps and digital technologies play in facilitating social distancing measures in the coming months? Given the ongoing situation at hand, is a situation likely to arise whereby fiscal incentives and objectives are prioritized above inflation targets, and more precisely,...

Whilst Scottish steel manufacturing plants such as those of Motherwell and Clydebridge have been able to avoid closure or the magnitude of devastating consequences attributed to the recent fortunes in the UK steel business – having found a buyer, the steel plant in Redcarr, Teeside has not...

The need for effective supervision of capital markets is becoming all the more evident in the aftermath of the recent LIBOR and rate rigging scandals. Financial regulators or indeed bank regulators cannot perform such a function effectively without the involvement of auditors in the supervisory...

Prior to the adoption of the FSA (Financial Services Authority) model, supervision of UK banks was carried out by the Bank of England. Although the Bank of England's informal involvement in bank supervision dates back to the mid nineteenth century, it was only in 1979 that it acquired formal...