In this issue:
Financial institutions are under regulatory scrutiny like never before, and competition authorities are front and center. Editorial Board Member Nicolas Petit has assembled a premier group of European experts to look at all areas of the attack: LiBOR; the potential conflicts between the EU and U.S. approaches; CDS Investigations; a case study of the British approach; debt-for-equity swaps; and a broad look at the EU focus. Enjoy!
Antitrust and Financial Regulations
Can CRAs recent downgrading of sovereign ratings trigger antitrust liability? Nicolas Petit & Norman Neyrinck (Univ. of Liege)
Could the banks themselves have used screens to help avoid the current investigations some are now facing? Rosa Abrantes-Metz (AFE Consulting)
At least in the EU and the United States, there is no consensus on whether unfettered competition in the banking sector will produce an optimal outcome in terms of financial stability. Olivier FrÃ©get, Todd Fishman, & David Gabathuler (Allen & Overy)