What does the FICC Standards Board do?
Individuals have been manipulating wholesale financial markets since at least the time of the Napoleonic War. The law courts are cluttered with repeated examples of abuse, which successive attempts to legislate and regulate have failed to stem. At the same time, the cost of these abuses, both to market participants, and to firms operating in markets, have been very high. Why do these problems keep recurring? And do they have broader implications for economic activity? If traditional approaches have manifestly failed, what new approaches could be tried and why might they succeed? This seminar will discuss what the FICC Markets Standards Board is attempting to do, what challenges it faces, and why it should succeed?
13 February 2017, 17:00 (Monday, 5th week, Hilary 2017)
St Antony's College - North Site
Seminar Room, European Studies Centre, 70 Woodstock Road, Oxford OX2 6HR
Mark Yallop (FICC Markets Standards Board)
European Studies Centre
Julie Adams (St Antony's College, University of Oxford)
Organiser contact email address:
David Vines (Balliol College, University of Oxford),
Adam Bennett (St Antony's College, University of Oxford)
Political Economy of Financial Markets (PEFM)