With numerous seminar series, high-profile conferences, public lectures and specialised workshops, the FMG is the focal point of the School’s research communication with the business, policy-making and academic finance communities.

Forthcoming events can be viewed below. You can also view past events from last academic year and download papers where available.

For information on earlier events and copies of associated papers, please email

Upcoming events

FMG Public Lectures


Unelected Power: the quest for legitimacy in central banking and the regulatory state
Old Theatre, Old Building

Speaker: Paul Tucker, fellow at the Harvard Kennedy School and chair of the Systemic Risk Council. 

Video and podcast are now available.

Central bankers have emerged from the financial crisis as the third great pillar of unelected power alongside the judiciary and the military. They pull the regulatory and financial levers of our economic well-being, yet unlike democratically elected leaders, their power does not come directly from the people. In his new book, Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State, Paul Tucker lays out the principles needed to ensure that central bankers, technocrats, regulators, and other agents of the administrative state remain stewards of the common good and do not become overmighty citizens.  He draws on a wealth of personal experience from his many years in domestic and international policymaking to tackle the big issues raised by unelected power, and enriches his discussion with examples from the United States, Britain, France, Germany, and the European Union.

London Financial Regulation Seminars

The 2018-19 academic year upcoming London Financial Regulation Seminars are listed below.

The seminars start at 17.45 (unless otherwise stated) and end at 19.00 and are held in OLD 3.21, Old Building, LSE. (Map

Thomas Huertas

14th May 2018

Does finance have a future?

Thomas Huertas (Partner and Chair, EY Global Regulatory Network, Ernst & Young)

Hannah Scobie

21st May 2018

Auditor Responsibilities toward Bank Regulators

Hannah Scobie (Chairman, European Economics and Financial Centre)
[Joint work with Karthik Balakrishnan, Emmanuel De George and Aytekin Ertan]


4th June 2018

How can regulators learn about financial innovations and their risks?

Martin Etheridge (Head of Division, Bank of England with responsibility for Fintech) and Christopher Woolard (Executive FCA Board member and Director of Strategy and Competition, Financial Conduct Authority)

Ashoka Mody

18th June 2018

EuroTragedy: A Drama in Nine Acts

Ashoka Mody (Charles and Marie Robertson Visiting Professor in International Economy Policy, Woodrow Wilson School, Princeton University)

This event is jointly organised with the European Institute.

Past Events

All past public FMG events from the 2017-18 Michaelmas Term and the 2016-17 academic year are listed below, along with related papers and notes where available. If you have any questions about the programme or earlier events, please contact

Ekaterina Zaharieva

EVENT CANCELLED: Brexit, Western Balkans and the Future of Europe
Monday 21st May 2018, 6.30pm – 8.00pm
Wolfson Theatre, New Academic Building

Speaker: Ekaterina Zaharieva, Minister of Foreign Affairs, Bulgaria

Due to unforeseen circumstances, this event has been cancelled. We apologise for any inconvenience caused. 


EVENT CANCELLED: China’s Great Wall of Debt and the Fragilities of China’s Economy
Thursday 10th May, 6pm -7pm
Old Theatre, Old Building

Speaker: Dinny McMahon, author of China’s Great Wall of Debt—Shadow Banks, Ghost Cities, Massive Loans, and the End of the Chinese Miracle

Due to unforeseen circumstances, this event has been cancelled. We apologise for any inconvenience caused.

Francesco Papadia

19 March

Central Banking in Turbulent Times 

Francesco Papadia (Chair of the Selection Panel of the Hellenic Financial Stability Fund (HFSF), Senior Fellow at Bruegel)

R. Sahay Picture

China’s Financial System: Risks and IMF’s Recommendations
Tuesday, 13 March 2018 from 19:00 to 20:30
Venue: OLD 3.21, 3rd floor, Old Building

Speaker: Ratna Sahay (Deputy Director of the Monetary and Capital Markets Department (MCM) at the International Monetary Fund)

Ratna Sahay, Deputy Director (International Monetary Fund), will discuss the results of the 2017 Financial Sector Assessment Program (FSAP) on China. The FSAP, established in 1999 at the IMF, is a comprehensive and in-depth assessment of a member country’s financial sector. The China FSAP was conducted over the course of 2 years during which the FSAP team visited 11 regions and held more than 500 meetings with senior leaders and officials from a number of regulatory and government agencies, as well as representatives from financial institutions, industry organizations, academics and the private sector. Ms. Sahay’s presentation will be based on a report produced after the FSAP missions were concluded at the end of the 2 years. She will provide an assessment of key risks in the Chinese financial system, as well as the IMF’s recommendations on how to address the risks and reduce financial sector vulnerabilities. 

Event website

Emiliano Tornese

12 March

Resolution of Non-Bank Financial Intermediaries

Emiliano Tornese and Heinrich Wollny (Directorate General for Financial Stability, Financial Services and Capital Markets Union, Resolution and Crisis Management, European Commission)

Alistair Milne

26 February

Crypto Currencies from an Austrian Perspective

Alistair Milne (Professor of Financial Economics, School of Business and Economics, Loughborough University)


19 February

Beyond Bankruptcy: Resolution as a Macroprudential Regulatory Tool

Steven L. Schwarcz (Stanley A. Star Professor of Law & Business, Duke University School of Law)

Andreas Dombret

A stairway to heaven? The promises and limits of global cooperation
Thursday, 8 February 2018 from 17:00 to 18:30 (GMT)
Venue: Room 9.04, 9th floor, Tower 2

Speaker: Dr Andreas Dombret, Member of the Executive Board of the Deutsche Bundesbank

Andreas Dombret will ask whether, over the past forty years, global economic integration has been the “stairway to heaven” that it promised to be. He will argue that today’s very far-reaching form of economic globalisation – for all its positive effects of economic efficiency gains and technological transfer – has had more negative repercussions and created fewer benefits than we expected. This mixed performance is one of several reasons behind the growing support for the populist backlash against globalisation manifested, not least, in the Brexit vote. Dr Dombret will argue that, in future, we must focus our global harmonisation efforts on certain sensible and legitimate minimum standards, while leaving more room for institutional, legal and regulatory diversity between countries with different histories and preferences.

Watch the video

Ning Zhu

China's Guaranteed Bubble and How to Diffuse It
Tuesday 30th January 2018, 19.00 – 20.30
OLD 3.21, Third floor, Old Building, LSE, Houghton Street, London WC2A 2AE

In this talk, Ning Zhu discussed how government guarantees have propelled China's economic growth miracle while creating systemic risks. He gave examples of China's guaranteed bubbles and proposed solutions to diffuse the time bomb.


22 January

Banking's Final Exam

Morris Goldstein (former non-resident Senior Fellow, PIIE and former Deputy Director of the IMF's Research Department

Hao Zhou

The Chinese Paradigm of Financial Reform, Policy, and Regulation
Old 3.21, Old Building, LSE, 6.30 -8.00pm 

Speaker: Hao Zhou

Based on China's specific economic development condition, institutional and technological background, a unique gradulism or dual-track reform stratefy, has been applied to China's financial market opening, financial policy design, and financial system management.
Click here for more information on the lecture.

How Global Currencies Work
13 November, Public lecture

Speaker: Barry Eichengreen
Chair: Charles Goodhart

Leaning against the wind: the last financial crisis and (?) the next
6 November, London Financial Regulation Seminar

Speaker: Philip Turner (NIESR)

Are banks still Special?
30 October, London Financial Regulation Seminar

Speaker: Tom Huertas (Ernst and Young)

The Greek Crisis, structural reforms, and Eurozone convergance
30 October: Panel Discussion

Speakers: Costas Meghir (Yale University), Christopher Pissarides (LSE), DimitriVayanos (LSE), Nikolaos Vettas (Athens University)
Discussants: Yannis Manuelides (Allen & Overy LLP) and Ricardo Reis (LSE)
Chair: Hugo Dixon (InFacts)

Financial Cycles, Asset Managers, and Economic Resilience
16 October: London Financial Regulation Seminar

Speaker: Christina Skinner (Brooklyn Law School)

Why are Banks Exposed to Monetary Policy?
11 October: Capital Markets Workshop seminar

Speaker: Pablo Kurlat (Stanford)

Toward an Understanding of Credit Cycles
9 October: London Financial Regulation Seminar

Speaker: Ray Barrell (Brunel University)

Download paper 

Download slideshow

Measuring the Effects of Federal Reserve Forward Guidance and Asset Purchases on Financial Markets
4 October: Capital Markets Workshop seminar

Speaker: Eric Swanson (University of California)

Cross-border banking cooperation: From actual to optimal arrangements
2 October: London Financial Regulation Seminar

Speaker: Thorsten Beck (Cass Business School)

Financing Development on how the World Bank and other development institutions are meeting global needs
29 September: FMG Public Lecture

Speaker: Kristalina Georgieva (World Bank)

Multilateralism under Attack? UK, USA and the others
27 September, FMG Public Lecture

Speaker: Adam Posen (Peterson Institute for International Economics)

Price of Long-Run Temperature Shifts in Capital Markets
27 September, Capital Markets Workshop seminar

Speaker: Ravi Bansal (Duke)

Policy Recommendations to promote sustainable finance: the work of an EU High-Level Experts Group
25 September, London Financial Regulation Seminar

Speaker: Paul Fisher (Cambridge University)

Event on Financial Globalization
25 September, FMG Public lecture

Event hosted by FMG, McKinsey&Company and Peterson Institute for International Economics

Rethinking Central Bank Independence
22 May, London Financial Regulation Seminar

Speakers:Charles Goodhart (LSE) and Rosa Lastra (QMC)

Bank Resolution and the Structure of Global Banks
15 May, London Financial Regulation Seminar

Speaker: Martin Oehmke  (LSE)

Politics and Financial Regulation: implications of the Trump administration and of populism in Europe
8 May, London Financial Regulation Seminar

Speaker: Douglas Elliott (Oliver Wyman)

Executive Remuneration - Where Do We Go from Here?
23 March, Corporate Governance Research

Speakers: Dirk Jenter (LSE) and Hans-Christoph Hirt (Hermes EOS)

In this Corporate Governance Research Debate, Dirk and Hans discuss the current state of thinking on Executive Remuneration, before a wider discussion about future policy and research work in this area.

Short-termism in Financial Markets: Fact and Frenzy
22 March, Corporate Governance Research, FMG and Law Department seminar

Speaker: Mark Roe (Harvard Law School)

Professor Mark Roe examines some of the recent claims made about the relationship between market short termism and short-termism in the boardroom, in particular, the preconditions for market short termism to be transmitted into the boardroom.

Read Professor Roe’s publication

Containing Systemic Risk by taxing Banks Properly
20 March : London Financial Regulation Seminar

Speaker: Mark Roe (Harvard Law School)

View speaker's slides

Ranking Financial Centers from the Perspective of the Real Economy: the price of going public in the UK and US
13 March: London Financial Regulation Seminar

Speaker: Kevin James (Systemic Risk Centre, LSE)

Culture, Discrimination, and Economic Exchange 
7 March Public Lecture

Speaker: Daniel Paravisini

A discussion of the challenges in establishing whether, and through which mechanism, culture may affect economic exchange.

Video and podcast

Macroprudential Policy Making in Practice: The Swiss Experience
6 March, London Financial Regulation Seminar

Speaker: Jean-Pierre Danthine (Paris School of Economics)

View speaker's slides

The Great Rift: economic theory and financial disasters… how can we fix the future? 
3 March, Public Lecture

Speaker: Carsten Kengeter (CEO of Deutsche Börse AG)

Nearly a decade on, the catastrophe of the global financial crisis still defines the political and economic landscape. Should we have seen it coming? Could it have been avoided? Mr Kengeter will examine these questions and their implications both for the foundations of economic theory, and for the structure of contemporary financial institutions.

Financing Growth In Bulgaria 
28 February, Public Lecture

Speaker: Delyan Dobrev

As in much of Eastern Europe, Bulgaria’s growth rate after the Eurozone crisis has remained at half the previous growth rate. Efforts to increase economic prospects rely primarily on finding new ways to finance innovation and entrepreneurship.

Europe's Growth Challenge 
27 February, Public Lecture

Speaker: Simeon Djankov

In the wake of the Great Recession, Europe’s economy has stagnated to a considerable degree – greater even than that of the United States.

View speaker's slides

Optimising Pay Regulations to Correct for Too-Big-To-Fail
27 February, London Financial Regulation seminar [Supported by AXA Research Fund]

Speaker: John Thanassoulis (Warwick Business School)

View speaker's slides

Transforming India: vision for the next decade 
25 February, 100 Foot Journey Club event, supported by the High Commission of India, the LSE South Asia Centre and the LSE Financial Markets Group

Speaker: Indian Finance Minister Arun Jaitley

Chair: Simeon Djankov (FMG)

Discussing India's current economic and financial climate, from the government's high-profile "Make in India" campaign to its recent, radical demonetisation of Indian currency.

Listen to podcast

The Impact of Brexit on the City of London 
20 February, Public Lecture (free and open to all)

Speaker: Lindsey Naylor, partner in Oliver Wyman’s Global Corporate & Institutional Banking practice

View speaker's slides

Central Bank Finances: how does their P&L matter, if at all?
20 February, London Financial Regulation seminar [Supported by AXA Research Fund]

Speaker: David Archer (Bank for International Settlements)

View speaker's slides

Macroprudential Regulation
13 February, London Financial Regulation seminar [Supported by AXA Research Fund]

Speaker: Alex Brazier (Bank of England)

View presentation

A Conversation Between Lord King and Professor Goodhart
18 January, Public Event (free and open to all)

Speakers: Mervyn KingCharles Goodhart

A special FMG event in which Lord King and Professor Goodhart will discuss the foundation and early years of the Financial Markets Group; the role and reputation of the FMG; trends in monetary and financial economics over the last 30 years; and future problems and developments for central bankers.

What Now? after Brexit, after Trump and after the resignation, economic and financial policies to lift Bulgaria's growth prospects
5 December, Public Lecture (free and open to all)

Speaker: Eva Paunova, MEP

Economic growth in Eastern Europe has been lethargic after the Eurozone crisis, with growth rates at half pre-2009 levels. What can be done to reverse this trend?

Can we have both Competitive and Stable Banking? 
22 November, Public Lecture (free and open to all)

Speaker: Xavier Vives (IESE Business School, Barcelona)

Regulation can alleviate the trade-off, but not resolve it fully, which leads to a need to coordinate regulation and competition policy. This lecture will look at implications for the regulatory financial architecture and challenges for bankers, regulators and academics.

EU27 financial services policy in the wake of the Brexit decision 
17 November, Public Lecture (free and open to all)

Speaker: Nicolas Véron (Bruegel & Peterson Institute for International Economics)

The UK vote of 23 June will have major implications for the EU27’s future financial services sector. Major uncertainties still abound, but it is not too soon to debate some of the policy choices the EU will face once London, its main current financial hub, leaves its internal market. The likely relocation of significant wholesale financial business from Britain to the Continent will create both risks and opportunities, and call for new directions in EU financial services regulation and supervision.

Ranking Countries on the Ease of Doing Business  
16 November, Public Lecture (free and open to all)

Speaker: Rita Ramalho (Manager of the World Bank-IFC Doing Business)

Doing Business 2017: Equal Opportunity for All, a World Bank Group flagship publication, is the 14th in a series of annual reports measuring the regulations that enhance business activity and those that constrain it. Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 190 economies-from Afghanistan to Zimbabwe-and over time.

Restructuring Sovereign Debt after NML v Argentina
14 November, London Financial Regulation seminar [Supported by AXA Research Fund]

Speaker: Lee Buchheit (Cleary Gottlieb)

Brexit and Implications for Bulgarian Workers and Students in the UK 
3 November, Public Lecture (free and open to all)

Speaker: Dr Andrey Kovachev (Member of the Presidency of the European Parliament and the Committee on Foreign Affairs, Vice-President of the Union of European Federalists)

The results of the Brexit referendum have raised questions about the future of European workers and students in the United Kingdom. Dr Kovachev will address the concerns raised, and discuss the approach European institutions are taking in the upcoming negotiations with the UK government.

Banking Union
17 October, London Financial Regulation seminar [Supported by AXA Research Fund]

Speakers: Emiliano Tornese (European Commission) and Maria Nieto (Banco de Espana)

Brexit: Implications for the City and for the future of European financial integration
10 October, London Financial Regulation seminar [Supported by AXA Research Fund]

Speakers: S. DjankovT. HuertasJ.P. Landau and S. Lewis

View programme

Videos and Podcasts

Andreas Dombret

A stairway to heaven? The promises and limits of global cooperation

February 2018

Andreas Dombret asks whether, over the past forty years, global economic integration has been the “stairway to heaven” that it promised to be. He argues that today’s very far-reaching form of economic globalisation – for all its positive effects of economic efficiency gains and technological transfer – has had more negative repercussions and created fewer benefits than we expected. 

Watch the video

Daniel Paravisini

Culture, Discrimination, and Economic Exchange

March 2017

In his inaugural LSE public lecture, Professor Daniel Paravisini discusses the challenges in establishing whether, and through what mechanism, culture may affect economic exchange. 

Watch now

Igor Luksic at LSE

UN - to be fit for purpose

June 2016

Igor Lukšić, candidate of Montenegro for the position of UN Secretary General, examines how to ensure a UN system to address existing and emerging challenges; how to make the UN more effective, efficient and relevant; and how to achieve sustainable security, foster development and protect human rights. 

Listen now

Jonathan Hill

The Single EU Capital Market: progress and challenges

May 2016

Jonathan Hill, European Commissioner for Financial Stability, Financial Services and Capital Markets Union, discusses the development of a single capital market in Europe. Several important initiatives are already underway, and when complete, the single capital market will enhance Europe's innovation and high-tech industries. 

Listen now

John Vickers

How Much Equity Should Banks Have?

April 2016

Sir John Vickers (Oxford) discusses the contentious issue of the appropriate amount of equity capital that banks should hold against their assets. 

Listen now

Ulf Axelson

Has European Venture Capital Finally Arrived?

March 2016

This event brought together academics and practitioners to discuss the state of the European venture capital market. Professor Ulf Axelson set the stage with new evidence on the drivers of success of venture capital deals, contrasting results in Europe and the US, before Professor Felda Hardymon led a panel discussion featuring Byron DeeterSaul Klein, and Magnus Goodlad

Watch now

Andreas Dombret

Shaken but not Stirred? The Banking System Seven Years after the Crisis

October 2015

While bankers and regulators are still busy implementing the lessons learnt from the crisis, new challenges have arisen that might once again change the banking landscape. Dr Andreas Dombret (Executive Board of the Deutsche Bundesbank) joins Professor Sir Charles Bean to examine the issues. 

Watch now


Between Debt and the Devil: money, credit and fixing global finance 

October 2015

Adair Turner joins BBC Economics Editor Robert Peston to discuss how future public policy must constrain the quantity - and influence the allocation - of private credit creation.

Listen now


Irrational Exuberance: as relevant as ever

June 2015

Nobel Prize-winning economist Robert Shiller cautions that irrational exuberance among investors has only increased since the financial crisis. This public lecture was recorded at LSE and Chaired by FMG Director Professor Christopher Polk

Watch now

FMG Logo Square

Arthur Grimes: how prudent are macro-prudential policies

November 2013

The FMG, in partnership with NZ-UK Link Foundation, organised this seminar to discuss whether the macro-prudential policies which central banks and financial organisations are working to create, will be effective in stabilising the financial system and/or asset markets.

Listen to the audio

FMG Logo Square

Unintended Consequences of the New Financial Regulations

March 2013

The Systemic Risk centre (SRC) and FMG hosted a public debate on 11 March 2013, to discuss whether the post crisis reforms of financial regulations will be effective in protecting us from financial excesses, or may perversely destabilise the financial system.

Listen to the audio

FMG Logo Square

LSE perspectives on the sovereign debt crisis

November 2011

The FMG, LSE European Institute and Finance Department hosted this public debate between LSE academics on the financial crisis on 2 November 2011, with particular emphasis on the Eurozone.

Listen to the audio

Gary Gensler

Special London Financial Regulation Seminar

October 2011

Chairman Gary Gensler (Commodity Futures Trading Commission) visited the FMG in October 2011 and gave a talk on "Global Reform for Derivatives Markets". A transcript of Chairman Gensler's speech is available by clicking here.

Listen to the audio

Paul Woolley

The Future of Finance: The LSE Report

May 2011

What is the financial system?  What is the future of finance? Charles Goodhart (FMG, LSE) gave a keynote speech based on The Future of Finance: The LSE Report, in Frankfurt. Paul Woolley (Paul Woolley Centre) acted as a panellist.

Listen to the audio

Paul Woolley

The Future of Finance conference

July 2010

Early in 2009, Paul Woolley (Paul Woolley Centre) and Richard Layard (CEP) established The Future of Finance discussion group comprising regulators, bankers, academics and commentators. The discussions culminated in a one day conference in July 2010, entitled 'The Future of Finance and the theory that underpins it'.




RT @iimr_buckingham: #IIMR2018MonetaryConference. 13th November 2018. Pleased to have the Charles Goodhart of @FMG_LSE participating in ses…

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