Quarterly Review

Banking Offshore banking continues to decline The number of banks in the Cayman Islands dropped by 7 percent in 2015, compared to 2014. The 12-month decline from...

Private banking in Asia – a survey

Main Article:Grey mattersGunter Dufey, Private banking in Asia - a survey, available at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1463261AbstractThis survey focuses on some unique aspects of private banking and...

Grey matters

The ABCs of hedge funds: alphas, betas & costs
Roger G. Ibbotson, Peng Chen, & Kevin X. Zhu

Available at http://ssrn.com/abstract=158155


Grey matters

Read the article in the Cayman Financial Review Magazine The Cyprus debt: Perfect crisis and a way forward, Wharton Working Paper No. 13-09Stavros A ZeniosAvailable...

Grey matters

This paper examines the literature on offshore financial centres and multilateral efforts at limiting competition. It concludes that, without strong enforcement capacities from the very beginning, the multilateral approach is vulnerable to bilateralism. The paper proposes several solutions, including the creation of a unique international body dealing with all issues raised by OFCs, or the adoption of a “unitary taxation” system or a “Financial Transparency Index.”

Grey matters: Douglas J. Cumming and Na Dai, “Capital flows and hedge fund...

Journal of Empirical Legal Studies, 2009. Available at SSRN: http://ssrn.com/abstract=1441505Abstract:This paper introduces a cross-country law and finance analysis of the regulatory impact on the...

Grey matters

 Exporting FATCAJoshua D. Blank and Ruth Mason142 Tax Notes (forthcoming 2014), available at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2389500  Abstract The Foreign Account Tax Compliance Act (FATCA) represents a powerful response...

Grey matters

Tax havens have attracted increasing attention from policy-makers in recent years. This paper provides an overview of a growing body of research that analyses the consequences and determinants of the existence of tax-haven countries. For instance, recent evidence suggests that tax havens tend to have stronger governance institutions than comparable non-haven countries. Most importantly, tax havens provide opportunities for tax planning by multinational corporations.

Grey matters

Two recent literature surveys on hedge funds offer useful summaries of the relevant academic literatures.

 

Grey matters

The Long Arm of Section 337: International Trade Law as a Global Business Remedy, American Business Law Journal (forthcoming) Marisa Anne Pagnattaro & Stephen...

How regulation led to disruptive innovation in retail banking

Since the outset of the global financial crisis, the banking industry has been subject to dramatic regulatory policy change designed to restore stability and...

Chris Brummer, How international financial law works (and how it doesn’t)

Main Story: Grey Matters Chris Brummer, How international financial law works (and how it doesn’t) (26 Jan 2010).  Available at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1542829 AbstractThe “Great Recession”...

Security vs. security: The trade-offs in financial surveillance

For decades, a number of regulatory programs aimed at the financial services sector have been recognized as threats to financial privacy. Taxation and financial...

Holding intellectual property

Main Article:Grey matters Xuan-Thao Nguyen, “Holding intellectual property,” Georgia Law Review, Vol. 39, No. 4, pp. 1157-1198, (2005) available at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1493515. Abstract  Holding companies for...

The war against cash in Europe

There are good reasons why the debate on cash is heating up right now. While European governments and central banks have stepped up capital controls...

Grey matters: Marios Clerides and Constantinos Stephanou, “The financial crisis and the...

Cyprus Economic Policy Review, Vol. 3, No. 1, 2009. Available at SSRN: http://ssrn.com/abstract=1431223Abstract:This paper briefly reviews the causes and propagation mechanisms of the global...

Grey matters

     Douglas W. Arner & Cyn-Young Park, “Global Financial Regulatory Reforms: Implications For Developing Asia”, ADB Working Paper Series On Regional Economic Integration No. 57Available...

Asset fire sales and purchases and the international transmission of financial shocks

Main Story: Grey Matters Pab Jotikasthira, Christian T. Lundblad & Tarun Ramadorai, Asset fire sales and purchases and the international transmission of financial shocks...

Grey matters

 Corporate shams, New York University Law Review, Vol. 87, 2012, NYU Law and Economics Research Paper No. 12-09,available at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2035057 Many people – perhaps most...

The Internet of Payments and the future of banking: Crisis and opportunity

Imagine a world where your washing machine can recognize it needs more detergent and orders it for you. Now imagine a world where your...