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Back to the drawing board? The regulation of financial markets
Thursday 18 June
The current financial crisis has raised serious questions as to how the markets have been regulated in the past and as to how they can be regulated in the future to prevent such a crisis from occurring again. The FBC's Biennial Lecture with Jean-Pierre Jouyet, Chair of the Autorité des marchés financiers and former Europe minister, and Sir Howard Davies, Director of the London School of Economics and Political Science and former Chair of the Financial Services Authority offered French and British perspectives on this important topic.
Sir Howard noted that too little thought had been given to how the single financial market would be overseen: when the financial crisis erupted there was no central authority which could impose a solution. Jean-Pierre Jouyet said that France was determined to become an ardent defender of the market: "We want freedom but freedom with transparency."
Jean-Pierre Jouyet's speech is available here .
Sir Howard Davies's speech is available here
A full audio recording of both speeches, with an introduction by Baroness Joyce Quin and the Q&A session that immediately followed are available here.
The lecture was made possible through the assistance of the Science Po Alumni.
The reception was supported by Marc Fine Wines.
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