Tagged: Banks

“Single rulebook” for European banks

Banks in the European Union may soon begin operating under a “single rulebook” according to Andrea Enria,¬†the chairman of the European Banking Authority. Enria believes the move will lead to a more uniform oversight of banks. Boston University law professor Cornelius Hurley, Director of the Morin Center for Banking¬†& Financial Law, offers the following commentary: […]

Whistleblower to turn over files to WikiLeaks

Rudolf Elmer, a former Swiss banker, is set to hand over files to WikiLeaks that show offshore bank accounts of high net worth individuals and corporations to evade tax payments. Law professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law, offers the following comment: “Rudolf Elmer has demonstrated that the ‘shadow […]