Financial Crime, Corruption and the Global Financial Crisis: What is the role of regulation?

Financial Crime, Corruption and the Global Financial Crisis.
Event Date
Location
Birley Room, Hatfield College, Durham University, 18:00 to 20:30

Corruption perpetrated by bankers and other financial players has been argued to lie at the root of the global financial crisis. But to what extent should behaviours and practices that have potentially disastrous consequences for the global economy be defined and treated as criminal? After the 2007-08 banking crash no one was found guilty of criminal activity, bringing into question how ‘financial crime’ should be defined and monitored in order to prevent future crises.

At present there is little if any accountability within banks and other financial companies to provide sufficient oversight from government regulators. If financial crime is itself a symptom of corruption within the financial sector, are new forms of regulation needed in order to develop an adequate response to damaging activities in finance? If so, how should they proceed?

Join us for a round table discussion with researchers from Durham University who specialise in law, history, government and complexity, to identify and better understand how, if at all, financial crime and corruption can be mitigated through regulation.

Confirmed Presenters:

Dr Vincenzo Bavoso (Law)

Professor Ranald Michie (History)

Dr Matthew Hollow (History)

Dr Or Raviv (SGIA)

Professor David Wall (SASS)

Dr Philip Garnett (Anthropology)

The event is free to attend and open to all, but as seating is limited you must register in advance. To register please send an email to ihrr.admin@durham.ac.uk with your name and affiliation.

This event is organised by IHRR's Tipping Points project and the Global Policy journal based at Durham University. Contact ihrr.admin@durham.ac.uk for more information or for an event flyer please click here.

Please find the paper abstracts below: