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15 Law & Fin. Mkt. Rev. 1 (2021)

handle is hein.journals/lawfinancmr15 and id is 1 raw text is: 


LAW AND FINANCIAL MARKETS REVIEW                          RoUtledie
2021, VOL. 15, NOS. 1-2, 1-2
https://doi.org/10.1080/17521440.2022.2096336       Taylor&Francis  Group

EDITORIAL

Editorial


It is a great honour to be entrusted with the stewardship of the Law and
Financial Markets Review.  We  would  like to thank the staff at Taylor &
Francis for their support and for enabling us to appoint Jonathon Watson
as Managing   Editor. His understanding of  the topic combined   with his
editing experience are already making  our task manageable  and  allowing
us to enjoy the editing of excellent contributions.
   This journal already has a strong reputation for publishing insightful contri-
butions in a developing legal and regulatory area. We hope to build on this base.
We  take a broad definition of the field including financial services, banking and
capital markets, as well as corporate finance. We are interested in all segments
of finance, such as business, retail and development finance. We are open tojur-
isdiction-based material or comparative, regional (e.g. EU) or international
approaches. The main guide for us is the quality of the pieces, which should con-
tribute to in depth understanding of this area of law. To allow even deeper
reflection we want to signal that we are open to longer pieces (up to 12,000
words or in some cases even longer). We also see an important role for short
articles, regulatory updates, as well as professional briefs.
   The area of financial law has been at the forefront of academic scholarship
over the past fifteen years, particularly in the period before and after the
global financial crisis of 2008 (GFC). While the GFC represented a tipping
point, both historically and in the understanding of questions of financial
law and  regulation, the past two years have  also seen cataclysmic shifts
caused first by Brexit in January 2020 and then by the coronavirus pandemic
in March of the same year. Brexit has posed intractable questions about the
regulatory environment and structure of financial markets, and it may already
signify a rebalancing of regulatory trends, from the global to the national.
This may  be a marked  difference from the post-GFC efforts, which empha-
sised attempt towards international co-ordination (e.g. Basel Ill, EU Banking
Union, EU Capital Markets Union). The pandemic on the other hand, together
with environmental  concerns, has highlighted the rising importance of the
role of the state in finance. These emergencies are inevitably redefining the
relationship between public finance and private finance, and their interplay
to meet broader social needs.
   Changes  in financial markets are also driven in the post-2008 years by fun-
damental  changes   brought  by technology,  and  particularly the further


© 2022 Informa UK Limited, trading as Taylor & Francis Group

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