Why did countries with intense regulatory regimes suffer the worst in the financial crisis? And why have those same countries ratcheted up their banking regulations following the crisis, despite their rules failing? One of the more interesting studies carried out within the area of law over the last few years has been Philip Wood's Global Law Maps. Wood is the head of Allen & Overy's Global Law Intelligence Unit, having led the firm's banking group in the 1990s.
September 29 2010