Listen to more podcasts from the School of Law at Queen Mary, University of London.
Listen to a podcast of Professor Rosa Lastra's lecture [MP3, approx 45 minutes, 30.3MB]
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.
Rosa M Lastra is a Professor in International Financial and Monetary Law at the Centre for Commercial Law Studies (CCLS) in the School of Law at Queen Mary, University of London.
Professor Lastra teaches on the following programmes at Queen Mary: