AFAS and Regulation

Group members have conducted research into a wide range of topical issues that reflects the ever-shifting scope of financial regulation. This has encompassed research into prudential and risk regulation, consumer protection, financial crime, regulatory compliance and governmental reporting.

Our research in the area of regulation is diverse in terms of both scope and methodology, incorporating contributions from all the core disciplines represented by the group.

Research with impact

Our research benefits from an extensive range of interactions with domestic and international regulators, including the US Federal Reserve and the UK Financial Conduct Authority, as well as with data providers and other regulatory actors. Research outputs include publications in highly rated academic journals, commissioned reports, monographs, and an array of policy publications. 

Enhancing Economic and Social Outcomes 

Our research is strongly influenced by the goal of improving the economic outcomes of regulation as well as its societal impact. 

Contributions to prudential and risk regulation have included new methods for validating models of market risk and new models for dependent insurance risks to improve the assessment of solvency and mitigate the risks of prudential failure. 

Similarly, studies of financial crime have examined the drivers of corporate irresponsibility and investigated means of quantifying the success of financial regulation in addressing malign behaviours. 

Consumer protection work has proposed ways in which retail financial services customers may be better protected, through the identification of malevolent behaviours of mainstream and fringe financial services providers.