Blog

  • Critical financial literacy – an agenda

    27 March 2017

    We need to overcome the narrow focus on consumer education and promote the kind of financial literacy that could form the basis for encouraging citizens to promote political activism and policy change, especially now that the regulatory cycle seems to have come to an end, write Moritz Hütten and Matthias Thiemann from the Goethe University Frankfurt.

  • Four fixes to make shadow banking a little bit safer

    Greg Ford
    26 January 2017

    Yesterday’s shadow banking report from the Financial Stability Board sets out the right analysis of the problems caused by financial firms’ re-use and re-hypothecation of collateral but lacks strong recommendations. Finance Watch suggest four initiatives that the European Commission could take to fill in the gaps, and so improve financial stability for the EU’s banks, citizens and taxpayers.

  • Barely a year after its launch, a new European law that was supposed to put an end to bank bail-outs looks set to be failing already.

    Failing or likely to fail?

    Christian M. Stiefmüller
    13 January 2017

    Barely a year after its launch, a new European law that was supposed to put an end to bank bail-outs looks set to be failing already.

  • Monte dei Paschi: in via di fallimento o a rischio di fallire

    Christian M. Stiefmüller
    13 January 2017

    Dopo appena un anno dal suo lancio, una nuova legge Europea disegnata per porre fine al salvataggio delle banche sembra destinata al fallimento.

  • Blocking complexity – how complex regulation blocks public interest representation

    9 December 2016

    Banking regulation in Europe and around the world is dominated by technical and expert rule-making and enforcement. In recent years this has been associated with complexity, of bank’s activities and of regulation, that impedes the public from participating and representing their interests in banking regulation.

  • Representation of public interest in banking #5 - Shareholder Value in Banking: Legal Fictions and Financial Stability

    Representation of public interest in banking #5 - Shareholder Value in Banking: Legal Fictions and Financial Stability

    30 November 2016

    Despite the recent infusions of large amounts of public money into large financial institutions and the ongoing implicit state guarantees provided to the global financial system, the public interest continues to lack formal representation in banking. Moreover, the debate on corporate social responsibility remains dominated by the shareholder value paradigm.

  • Robert Jenkins' partial list of bank misdeeds

    26 October 2016

    List of bank misdeeds compiled by Robert Jenkins, former member of the Bank of England's Financial Policy Committee and now Adjunct Professor of Finance, London Business School and Senior Fellow at Better Markets

  • Financial education; the what, the how, the why…

    Katarzyna Hanula-Bobbitt
    10 October 2016

    In recent years, financial education has become accepted as a necessary tool to empower citizens to make good choices in the complicated world of finance. But is there a danger in placing too much faith in consumers’ ability to deal with the financial industry?

  • Duncan Lindo

    Representation of public interest in banking #4 - The banks, the public and the secluded world of the BCBS: who has access?

    26 September 2016

    When the most important decisions are made in a highly secluded, transnational and technocratic space where the public and their elected representatives are to all extents and purposes excluded.

  • AVINASH PERSAUD Reinventing financial regulation for a more resilient world

    Reinventing financial regulation for a more resilient world

    22 September 2016

    Presentation given by Avinash Persaud at the conference of South East Asian Central Bank Governors and Deputies on Financial Stability on September 22nd in Mumbai.