Description

The mushrooming of claims against banks as financial advisers has been triggered by recent financial crises, including the Asian financial crisis and the global financial crisis (GFC). Since the GFC, there has been much focus on how to allocate risk for failed investments. The trend has been to boost regulatory duties and remedies, at least for retail clients, while sophisticated and professional investors may be confined to common law claims. The problem and its solutions have featured prominently in the courts, parliamentary debates and the media in the last decade.

The Symposium will examine the prominent issue of bank liability for mis-selling investment products. In particular, it will consider the different ways in which the law is setting the boundaries of liability for financial advising and the challenges inherent in doing so. There will be a particular focus on private law remedies and the trend towards regulatory remedies in various jursidcitions, as well as some reflection on the role of regulation in the private law. Related issues, such as financial dispute resolution and conflicts of laws, will also be discussed. Contributing scholars are drawn from a range of jurisdictions: Australia, Hong Kong, Singapore, the United Kingdom and United States.

Speakers

Katy BARNETT
Associate Professor
University of Melbourne

John HO
Associate Professor
City University Hong Kong

Hugh BEALE
Professor
University of Warwick

Gerard MCMEEL
Professor
University of Manchester

Sandra A. BOOYSEN
Associate Professor
National University of Singapore

Dora NEO
Associate Professor
National University of Singapore

Mercer E. BULLARD
Professor
University of Mississippi

Jeannie PATERSON
Associate Professor
The University of Melbourne

Simone DEGELING
Professor
UNSW Australia

Holly POWLEY
Lecturer
University of Bristol

Chunyan DING
Associate Professor
City University Hong Kong

Keith STANTON
Professor
University of Bristol

Christopher HARE
Associate Professor
University of Oxford

Christian A. WITTING
Professor
Queen Mary University of London