Topics in Financial Regulation symposium
The University of St Andrews Business School’s Centre for Responsible Banking and Finance (CRBF) hosted the Topics in Financial Regulation symposium on Tuesday 29 April 2025. Held in the Gateway Building Boardroom, the event brought together distinguished academics, policymakers and practitioners to engage in discussions on the latest developments in financial regulation and monetary policy.
Professor John Wilson, Head of the Department of Finance, emphasised the significance of the symposium, stating,
“Robust financial regulation is essential for maintaining stability and fostering trust in the global financial system. Events like this symposium provide vital opportunities to exchange knowledge, debate critical regulatory issues, and ultimately contribute to more resilient economic systems.”
The symposium featured an expert lineup of speakers and discussants. Dr John Kandrac from the Federal Reserve Board presented on ‘Emergency lending and moral hazard’, with Dr Eleonora Sfrappini from St Andrews providing commentary. Professor Barbara Casu from Bayes Business School delivered insights on ‘Bank lending, liquidity regulation and unconventional monetary policies in the Eurozone’, followed by the discussion of Dr Maria Chiara Iannino from the University of St Andrews.
The afternoon continued with Dr Melina Ludolph from the Halle Institute for Economic Research, whose talk focused on ‘Distributional income effects of banking regulation in Europe’, with comments from Professor Dimitris Chronopoulos. Additionally, Dr Anna Lucia Sobiech from the University of Cologne presented ‘Implicit guarantees and bank stability: evidence from a quasi-natural experiment’, alongside discussant Professor Soner Baskaya from the Adam Smith Business School at the University of Glasgow. David Farmer from the Financial Conduct Authority (FCA) concluded with an evaluation of the FCA’s 2019 overdrafts intervention, followed by an open Q&A session.
This event was part of the ongoing series, Regulating the financial system and real economy symposiums, hosted by the Department of Finance, aimed at exploring critical issues at the intersection of regulation, finance and economic stability.
Special thanks are extended to the symposium organisers, Professor John Wilson, Dr Christian Engels, Sumit Bains and Kirsty Forbes, for their dedicated efforts in ensuring the success of this engaging and important event.
