School of Law

Professor Rosa M Lastra's Inaugural Lecture

23 March 2011

Time: 6:30 - 8:30pm

‘The Quest for International Financial Regulation’

Financial markets and institutions are international. They have been so for many years. But their regulation, supervision and, if necessary, resolution remain for the most part nationally based, constrained by the domain of domestic jurisdictions. The disconnection between international markets and national law was highlighted, and threatened to cause serious problems, during the recent financial crisis, in particular following the collapse of Lehman Brothers. Drawing on the lessons of history and bridging law and economics, this lecture argues that it is urgent and important to devise adequate institutional structures and international norms to govern global financial markets.

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