Financial Regulation International

In the last few years, several banks have received some of the largest fines ever issued by regulators as a result of manipulating systemically important interest benchmarks (SIIB) – think LIBOR and EURIBOR – and the Payment Protection Insurance..

In recent years, the term ‘pao lu lao ban’, or ‘runaway bosses’ in English, has drawn intense attention from Chinese and Western media.[1] In China, it has been difficult for privately owned businesses to obtain loans from the state-run banking..

In December 2001, the Republic of Argentina announced a temporary moratorium on its debt service payments in the midst of a financial crisis and defaulted on more than US$95 billion in external debt. This constituted the biggest sovereign default in..