Harvard Business Law Review (HBLR)

The Harvard Business Law Review (HBLR) aims to be the premier journal covering the laws of business organization and capital markets. HBLR will publish articles from professors, practitioners, and policymakers on corporate law and governance, securities and capital markets law, financial regulation and financial institutions, law and finance, financial distress and bankruptcy, and related subjects.

Basel Committee on Banking Supervision

The CFTC’s Cross-Border Guidance for Swaps and Substituted Compliance Regime

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Download PDF James Schwartz* The derivatives market was seen as having contributed substantially to the financial crisis of 2007–08.[1] This led to efforts to regulate derivatives in many of the countries in which their use was commonplace.[2] Historically, the swaps market … [Read more...] about The CFTC’s Cross-Border Guidance for Swaps and Substituted Compliance Regime

Capturing Time in Financial Statements

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Download PDF George M. Williams jr* The Dodd-Frank Wall Street Reform and Consumer Protection Act[1] applies a number of heightened standards to bank holding companies with consolidated assets of $50 billion or more and to nonbank financial companies that have been … [Read more...] about Capturing Time in Financial Statements

Contingent Convertible Bonds and Banker Compensation: Potential Conflicts of Interest?

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Download PDF Gaurav Toshniwal* Two issues related to financial regulation have received significant academic and regulatory attention since the financial crisis:  Contingent Convertible Bonds (“CoCos”) and banker compensation.  The discussion, however, has largely been … [Read more...] about Contingent Convertible Bonds and Banker Compensation: Potential Conflicts of Interest?