Peter Andrews Seminar at the LSE Systemic Risk Centre Chaired by Nicholas Beale

On 23rd January 2018, Nicholas Beale Chaired a seminar at the London School of Economics' Systemic Risk Centre entitled Reflections on Financial Regulation: How Might it Change?

Speaker: Peter Andrews (former Chief Economist, Financial Conduct Authority)
Chair: Nicholas Beale (Chair of Sciteb, Director, Global Collaboration on Financial System Stability)
Panellists:

• Elizabeth Corley CBE (Vice-Chair of Allianz Global Investors and Board of Directors, Morgan Stanley); 
• Professor Lord Nick Macpherson (former Permanent Secretary to HM Treasury, Chair of Hoares Bank) 
• Baroness Sharon Bowles (Non-Executive Director of London Stock Exchange and former Chair Economics and Finance Committee, European Parliament).

Peter Andrews talked about consumer protection, prudential and market efficiency regulation, followed by discussions with the panellists. The themes included:

• Organising markets so that they need less regulation
• What follows behavioural economics
• Not applying all the science needed to understand decision making and therefore markets - is there a tractable unified theory?
• Limits on what regulation can achieve
• What does real world behaviour and contracting imply for the approach to regulation?

The photos have been kindly provided by the LSE, and more photos and information about the event can be found on their website here