Anti-money laundering efforts are based on measuring activity, not results. To cut crime and terrorism, we need a frank conversation about where the system has gone wrong.
Articles on Financial regulations
Displaying 41 - 60 of 117 articles
Libra has lost seven of its 28 founding members – but don’t expect that to hold it back.
Mobile loan platforms have given Kenyans access to easy loans, but they come at a high price.
Iran has long recognised the benefits of using cryptocurrencies to counter US sanctions.
The CEO of a Canadian cryptocurrency company died recently, and took his passwords with him, leaving his clients high and dry. The debacle illustrates again that cryptocurrencies should be regulated.
Blockchain technology was supposed to make trust unnecessary – but that turns out not to be true. Most people will want laws and regulations to help make blockchain-based systems trustworthy.
It is a furphy that regulation for good corporate culture is impossible. It is done in the Netherlands and it is already under way in Australia, albeit in an unacknowledged, and limited, form.
The financial services industry is in need of a new paradigm to rediscover what finance is for – to improve the financial and economic well-being of society.
The world’s largest financial scandal has toppled a government, threatened a currency, and revealed deeply problematic failings at a buccaneering Swiss bank.
In giving Dodd-Frank the Botox treatment, Congress misses the point of what’s wrong with financial regulation: It’s an old mess.
While codes of conduct in banking may help, the tsunami of financial regulation over the past few decades has swept aside much of the sense of personal accountability.
All eyes will be on how ASIC and APRA respond to the findings of the banking royal commission. Will they be defensive about past mistakes, or move forward with tighter regulations?
Australian regulators face similar problems as their Australian counterparts in getting cryptocurrency platforms to regulate and prosecuting them when things go wrong.
Crypto cash is catnip for criminals and a huge challenge to law enforcement – so it’s time to bring in a tough, jurisdiction-busting regulatory body.
Within the world of cryptocurrencies, ICOs are the way to raise funds – but without any government oversight.
As the federal government changes the rules around credit cards, it should force companies to be more transparent about fees.
The government’s best ideas for how to grow wages and incomes do not inspire confidence.
Instead, we need to burn the entire system of financial regulation to the ground and replace it with something that supports investing the way it’s done today.
Some argue, determinedly and erroneously, that when functioning correctly bank capital levels are almost magical things.
2016 was not a good year for ASIC and now it looks like it might run up the white flag on its BBSW legal case.
Top contributors
-
Visiting Fellow, Macquarie University Applied Finance Centre, Macquarie University
-
Senior Lecturer, Faculty of Law, University of Wollongong
-
Professor of Organisational Behaviour, Bayes Business School, City St George's, University of London
-
Scientia Professor of Economics, UNSW
-
Head of Department of Economics, Finance & Accounting, Brunel University of London
-
Associate Professor of Quantitative Marketing and Analytics, Binghamton University, State University of New York; Indiana University
-
Associate Professor in the UNSW Business School, UNSW
-
PhD Candidate, Political Science, McMaster University
-
Assistant Professor of Law, Penn State
-
Professor of Finance & Financial Technology, University of Reading
-
Reader in International Political Economy, King's College London
-
Law Student, Penn State
-
Associate Professor of Public Administration, West Virginia University
-
Vice Chancellor's Fellow at Victoria University and Adjunct Professor of Economics, Victoria University
-
Professor of Law, St. Mary's University