What the financial crisis should have taught us about conflicts of interest and how to avoid them

2016/11/23 by John F. Chown, David Russell · 1 citation
Economics, Econometrics and Finance · Business, Management and Accounting · #Global Financial Regulation and Crises #Economic, financial, and policy analysis #State Capitalism and Financial Governance

paper · doi:10.1093/tandt/ttw221

openalex publication_date 2016/11/23 · openalex created_date 2025/10/10 · openalex updated_date 2026/06/16

Abstract

This article has its roots in one written by John Chown in 2010 (‘Conflicts of Interest and Systemic Risk’ (2010) XXI(2) Central Banking) explaining why malpractices by banks and others should seriously interest not only regulators concerned with attempting to protect the public, but also Central Bankers concerned with prudential regulation. It has been edited and updated for the guidance of professional trustees, with added comments relating to the legal position.

Cited by

• John Chown [wikipedia]

Related

• The Evolution of the Financial Crisis of 2007—8
• Conflicts of interest: new thinking, new processes
• The banking crisis of 2023: new challenges in the banking supervision and regulation
• Bank Panics and Fire Sales, Insolvency and Illiquidity
• Financial dominance: why the ‘market maker of last resort’ is a bad idea and what to do about it