ICFR - Financial Times Research Prize 2010

Overview

In the immediate wake of the financial crisis there was a broad consensus on a coordinated international regulatory response. However, after the initial emergency phase of dealing with the crisis, the more immediate demands of national interests began to predominate. Getting the balance right between national interest and international convergence is critical to the G20's perceived success.

Requirements

ICFR invite authors to consider what lies ahead for the G20's agenda on regulatory reform within one or more of the following issues. Discussion of the differing priorities between the developing and the developed nations is welcome. How realistic is the goal of regulatory convergence anyway? Will regulatory arbitrage always exist? Can too much regulatory convergence itself lead to risk through greater homogeneity of business models? Does the economic cycle affect the vigour with which regulatory reform is pursued? Does a protracted process allow for more regulatory capture to creep in? How will the proposed new regulatory structures work in practice? Will the G20 lose interest in global regulatory reform in favour of another, perhaps more topical issue? The ICFR competition welcomes authors to consider these and other issues which may not yet be apparent and which are likely to shape the G20's agenda on regulatory reform.
More information about the ICFR competition

ICFR

The International Centre for Financial Regulation is an international non-for-profit membership organisation whose aim is to provide objective research, events and training on financial regulation.