Black, Julia

Professor Julia Black  

Department

Position held

Professor of Law

 

Pro-Director for Research

 

interim Director

 

Experience keywords:

company law; financial services; public law; regulation

Research summary > [Click to expand]

Julia Black's principal research interest is to explore the nature, dynamics and legitimacy of regulatory regimes, both state and non-state. She also specialises in financial services regulation, and is interested in the regulation of risk, particularly in biotechnology, and in public law. She has written extensively in the area of regulation, and also advised policy makers, consumer bodies and regulators on issues of institutional design and regulatory policy.

Julia co-coordinates and co-teaches on the MSc Regulation, a 'unique course and the first Master's course to be taught in the world'.

Julia has advised a number of governmental and consumer bodies in the UK and overseas, including Defra, the Financial Services Authority, the Department for Constitutional Affairs, the Charity Law Association, the Consumers Association, the Canadian Investment Dealers' Association, the Australian Law Reform Commission, and the Human Fertilisation and Embryology Authority.

Julia was a member the Steering Group for the Better Regulation Executive's Penalties Review and is currently a member of the Working Party developing a Framework of Principles for Genetic Testing.

Julia is also on the editorial committee of the 'Modern Law Review' and the editorial boards of 'Law and Policy', and 'Regulation and Governance'.

Sectors and industries to which research relates:

Financial Services; Law; Policy and Regulatory Bodies; Risk Management

Languages:

French [Spoken: Intermediate, Written: Fluent]

Contact Points

LSE phone number:

+44 (0)20 7955 7936

LSE email:

j.black@lse.ac.uk

Publications

2017

Black, Julia and Woll, Cornelia and Hobolt, Sara and Wratil, Christopher and Moloney, Niamh and Schuster, Edmund-Philipp and Hübner, Danuta and Fankhauser, Samuel and Carvalho, Maria and Iammarino, Simona and Ascani, Andrea and Begg, Iain and de Grauwe, Paul and Travers, Tony and Jackson-Preece, Jennifer (2017) LSE’s experts explain what awaits Britain and Europe ahead of Brexit LSE Brexit (23 Jan 2017) Blog entry

Black, Julia (2017) ‘Says who?’ liquid authority and interpretive control in transnational regulatory regimes International Theory, 9 (2). 286-310. ISSN 1752-9719

2016

Baldwin, Robert and Black, Julia (2016) Driving priorities in risk-based regulation: what’s the problem? Journal of Law and Society, 43 (4). 565-595. ISSN 0263-323X

2014

Baldwin, Robert and Black, Julia and O’Leary, Gerard (2014) Risk regulation and transnationality: institutional accountability as a driver of innovation Transnational Environmental Law, 3 (2). 373-390. ISSN 2047-1025

Black, Julia (2014) Learning from regulatory disasters LSE Law, Society and Economy working paper series, 24/2014. The London School of Economics and Political Science, London, UK.

2013

Eberlein, Burkard and Abbott, Kenneth W. and Black, Julia and Meidinger, Errol and Wood, Stepan (2013) Transnational business governance interactions: conceptualization and framework for analysis Regulation and Governance. ISSN 1748-5983

Black, Julia (2013) Reconceiving financial markets: from the economic to the social Journal of Corporate Law Studies, 13 (2). 401-442. ISSN 1473-5970

2012

Black, Julia (2012) Restructuring global and EU financial regulation: character, capacities and learning In: Wymeersch, Eddy and Hopt, Klaus J. and Ferrarini, Guido, (eds.) Financial Regulation and Supervision: a Post-Crisis Analysis. Oxford University Press, Oxford, UK. ISBN 9780199660902

Eberlein, Burkard and Abbott, Kenneth W. and Black, Julia and Meidinger, Errol and Wood, Stepan (2012) Transnational business governance interactions: conceptualization and framework for analysis Osgoode Hall Law School: comparative research in law & political economy, 29/2012. Osgoode Hall Law School.

Black, Julia (2012) Paradoxes and failures: 'new governance' techniques and the financial crisis Modern Law Review, 75 (6). 1037-1063. ISSN 0026-7961

Black, Julia and Baldwin, Robert (2012) When risk-based regulation aims low: approaches and challenges Regulation and Governance, 6 (1). 2-22. ISSN 1748-5983

Black, Julia and Baldwin, Robert (2012) When risk-based regulation aims low: a strategic framework Regulation and Governance, 6 (2). 131-148. ISSN 1748-5983

Black, Julia (2012) Calling regulators to account: challenges, capacities and prospects LSE law, society and economy working papers, 15-2012. The London School of Economics and Political Science, London, UK.

2011

Black, Julia (2011) Outcomes focused regulation – the historical context In: Hopper, A. and Treverton-Jones, T., (eds.) Outcomes-Focused Regulation. The Law Society, London, UK. ISBN 9781907698095

Black, Julia (2011) Calibrating regulation Legal Services Board.

Black, Julia (2011) The rise (and fall?) of principles based regulation In: Alexander, Kern and Moloney, Niamh, (eds.) Law Reform and Financial Markets. Elgar Financial Law series. Edward Elgar Publishing, Cheltenham, UK. ISBN 9780857936622

Black, Julia (2011) The rise, fall and fate of principles-based regulation In: Alexander, Kern and Moloney, Niamh, (eds.) Law Reform and Financial Markets. Elgar Financial Law Series. Elgar, Cheltenham, UK, 3-34. ISBN Elgar Financial Law Series

2010

Black, Julia (2010) Risk based regulation In: The Future of the Legal Services: Emerging Thinking. Legal Services Board, London, UK, 5-10.

Black, Julia (2010) Financial markets In: Cane, P. and Kritzer, H., (eds.) Oxford Handbook of Empirical Legal Research. Oxford University Press, Oxford, 151-175. ISBN 9780199542475

Black, Julia (2010) The credit crisis and the constitution In: Oliver, D. and Prosser, T. and Rawlings, R., (eds.) The Regulatory State: Constitutional Implications. Oxford University Press, Oxford, 92-129. ISBN 9780199593170

Hopper, Martyn and Black, Julia (2010) Breaking up is hard to do: the future of UK financial regulation? Herbert Smith LLP and London School of Economics and Political Science, London, UK.

Black, Julia (2010) Appendix A: a review of enforcement techniques In: Criminal Liability in Regulatory Contexts. Law commission consultation paper (195). Stationery Office, London, UK, 150-186.

Black, Julia (2010) The role of risk in regulatory processes In: Baldwin, Robert and Cave, Martin and Lodge, Martin, (eds.) The Oxford Handbook of Regulation. Oxford University Press, New York, USA, 302-348. ISBN 9780199560219

Freshfields Bruckhaus Deringer LLP, and Fisher, Jonathan and Black, Julia (2010) Law and regulation for global financial markets: enforcing the new regime - incentive or deterrence? Law and Financial Markets Review, 4 (4). 346-359. ISSN 1752-1440

Black, Julia (2010) Risk-based regulation: choices, practices and lessons learnt In: Risk and Regulatory Policy: Improving the Governance of Risk. OECD, Paris, France, 185-224. ISBN 97892640829922

Black, Julia and Baldwin, Robert (2010) Really responsive risk-based regulation Law and Policy, 32 (2). 181-213. ISSN 0265-8240

Black, Julia (2010) The rise, fall and fate of principles based regulation LSE law, society and economy working papers, 17-2010. Department of Law, London School of Economics and Political Science, London, UK.

Black, Julia (2010) Restructuring global and EU financial regulation: capacities, coordination and learning LSE law, society and economy working papers, 18-2010. Department of Law, London School of Economics and Political Science, London, UK.

Black, Julia (2010) Managing the financial crisis – the constitutional dimension LSE law, society and economy working papers, 12-2010. Department of Law, London School of Economics and Political Science, London, UK.

2009

Black, Julia (2009) Rebuilding the credibility of markets and regulators Law and Financial Markets Review, 3 (1). 1-2. ISSN 1752-1440

Black, Julia and Jacobzone, Stephan (2009) Tools for regulatory quality and financial sector regulation: a cross-country perspective OECD Working Papers on Public Governance, 16. OECD, Paris.

Black, Julia (2009) Legitimacy and the competition for regulatory share LSE law, society and economy working papers, 14-2009. Department of Law, London School of Economics and Political Science, London, UK.

2008

Black, Julia and Rouch, David (2008) The development of the global markets as rule-makers: engagement and legitimacy Law and Financial Markets Review, 2 (3). 218-233. ISSN 1752-1440

Baldwin, Robert and Black, Julia (2008) Really responsive regulation Modern Law Review, 71 (1). 59-94. ISSN 0026-7961

Black, Julia (2008) Forms and paradoxes of principles-based regulation Capital Markets Law Journal, 3 (4). 425-457. ISSN 1750-7219

Black, Julia (2008) Constructing and contesting legitimacy and accountability in polycentric regulatory regimes LSE law, society and economy working papers, 02-2008. Department of Law, London School of Economics and Political Science, London, UK.

Black, Julia (2008) Forms and paradoxes of principles-based regulation LSE law, society and economics working papers, 13-2008. Department of Law, London School of Economics and Political Science, London, UK.

2007

Black, Julia (2007) Tensions in the regulatory state Public Law, 2007 (Spring). 58-73. ISSN 0033-3565

Black, Julia (2007) Principles based regulation: risks, challenges and opportunities. In: Principles Based Regulation, 28 Mar 2007, Sydney, Australia

Black, Julia (2007) The decentred regulatory state? In: Vass, Peter, (ed.) Cri Regulatory Review 2006/2007. Centre for the study of Regulated Industries, The University of Bath, Bath, UK, 249-290. ISBN 1857901622

Black, Julia and Hopper, Martyn and Band, Christa (2007) Making a success of Principles-based regulation Law and Financial Markets Review, 1 (3). 191-206. ISSN 1752-1440

Arcot, Sridhar and Black, Julia and Owen, Geoffrey (2007) From local to global: the rise of AIM as a stock market for growing companies: a comprehensive report analysing the growth of AIM London School of Economics and Political Science, London, UK.

Baldwin, Robert and Black, Julia (2007) Really responsive regulation LSE law, society and economics working papers, 15-2007. Department of Law, London School of Economics and Political Science, London, UK.

2006

Black, Julia (2006) Involving consumers in securities regulation Taskforce to Modernize Securities Regulation in Canada, London, UK.

Black, Julia (2006) Managing regulatory risks and defining the parameters of blame: a focus on the Australian Prudential Regulation Authority Law and Policy, 28 (1). 1-30. ISSN 0265-8240

2005

Black, Julia and Lodge, Martin and Thatcher, Mark, eds (2005) Regulatory innovation: a comparative analysis Edward Elgar, North Hampton, UK. ISBN 1845422848

Black, Julia (2005) What is regulatory innovation? In: Black, Julia and Lodge, Martin and Thatcher, Mark, (eds.) Regulatory Innovation: a Comparative Analysis. Edward Elgar Publishing Ltd, Cheltenham, 1-15. ISBN 9781845422844

Black, Julia and Lodge, Martin (2005) Conclusions In: Black, Julia and Lodge, Martin and Thatcher, Mark, (eds.) Regulatory Innovation: a Comparative Analysis. Edward Elgar Publishing Ltd, Cheltenham, 181-197. ISBN 9781845422844

Black, Julia and Lodge, Martin (2005) Conclusions In: Black, Julia and Lodge, Martin and Thatcher, Mark, (eds.) Regulatory Innovation: a Comparative Analysis. Edward Elgar, Cheltenham, UK, 181-197. ISBN 9781845422844

Black, Julia (2005) Tomorrow's worlds: frameworks for understanding regulatory innovation In: Black, Julia and Lodge, Martin and Thatcher, Mark, (eds.) Regulatory Innovation: a Comparative Analysis. Edward Elgar Publishing Ltd, Cheltenham, 16-44. ISBN 9781845422844

Baldwin, Robert and Black, Julia and Cave, Martin (2005) A legal services board: roles and operationalising issues Department for Constitutional Affairs, UK Government.

Black, Julia and Lodge, Martin and Thatcher, Mark (2005) Preface In: Black, Julia and Lodge, Martin and Thatcher, Mark, (eds.) Regulatory Innovation: a Comparative Analysis. Edward Elgar Publishing Ltd, Cheltenham, viii-ix. ISBN 9781845422844

Black, Julia (2005) The emergence of risk-based regulation and the new public management in the United Kingdom Public Law, 2005 (Autumn). 512-549. ISSN 0033-3565

2004

Black, Julia (2004) The development of risk based regulation in financial services: Canada, the UK and Australia ESRC Centre for the Analysis of Risk and Regulation, London School of Economics and Political Science, London, UK.

2003

Black, Julia (2003) Mapping the contours of contemporary financial services regulation CARR Discussion Papers, DP 17. Centre for Analysis of Risk and Regulation, London School of Economics and Political Science, London, UK. ISBN 0753016532

Black, Julia (2003) Enrolling actors in regulatory systems: examples from UK financial services regulation Public Law, 2003 (Spring). 63-91. ISSN 0033-3565

2002

Black, Julia (2002) Mapping the contours of contemporary financial services regulation Journal of Corporate Law Studies, 2 (2). 253-287. ISSN 1473-5970

Black, Julia (2002) Regulatory conversations Journal of Law and Society, 29 (1). 163-196. ISSN 0263-323X

Black, Julia (2002) Risk, trust and regulation: the case of pensions Working Paper for the National Consumers Council, London School of Economics and Political Science, London, UK.

Black, Julia (2002) Critical reflections on regulation Australian Journal of Legal Philosophy, 27. 1-35. ISSN 1440-4982

Black, Julia (2002) Critical reflections on regulation CARR Discussion Papers, DP 4. Centre for Analysis of Risk and Regulation, London School of Economics and Political Science, London, UK.

Black, Julia (2002) Regulatory conversations In: Picciotto, Sol and Campbell, David, (eds.) New Directions in Regulatory Theory. Journal of law and society special issues. Blackwell Publishing, Oxford, 163-196. ISBN 9780631235651

2001

Black, Julia (2001) Proceduralising regulation: part II Oxford Journal of Legal Studies, 21 (1). 33-58. ISSN 0143-6503

Black, Julia (2001) Decentring regulation: understanding the role of regulation and self regulation in a "post-regulatory" world Current Legal Problems, 54 (1). 103-146. ISSN 0070-1998

2000

Scott, Colin and Black, Julia (2000) Cranston's consumers and the law Law in context (3rd). 3rd, Butterworths, London. ISBN 9780406988027

Black, Julia (2000) Perspectives on derivatives regulation In: Hudson, Alastair, (ed.) Modern Financial Techniques, Derivatives and Law. International banking, finance & economic law. Kluwer Academic Publishers, Zuidpoolsingel, 167-196. ISBN 9789041197818

Black, Julia (2000) Proceduralising regulation: part I Oxford Journal of Legal Studies, 20 (4). 597-614. ISSN 0143-6503

1999

Black, Julia (1999) Using rules effectively In: McCrudden, Christopher, (ed.) Regulation and Deregulation: Policy and Practice in the Utilities and Financial Services Industries. Oxford-Norton Rose law colloquium. Oxford University Press, Oxford, 95-122. ISBN 9780198268819

1997

Black, Julia (1997) Rules and regulators Oxford socio-legal studies. Oxford University Press, Oxford, UK. ISBN 9780198262947

1993

de Meza, David and Black, Julia and Levi, M. (1993) Creating a good atmosphere: minimum participation for tackling the 'greenhouse effect' Economica, 60 (239). 281-293. ISSN 0013-0427

1992

de Meza, David and Black, Julia (1992) Price differences between successive auctions are no anomaly Journal of Economics and Management Strategy, 1 (4). 607-628. ISSN 1058-6407

Expert Image

Personal website

This book draws on in-depth studies of innovation in regulatory instruments and practices across high- and low-technology sectors, across different countries and from the early to the late 20th century

Book Cover Image

Short bio >

Julia Black joined the Law Department in 1994. She is also a research associate of the ESRC Centre for the Analysis of Risk and Regulation (CARR), based at LSE. She completed her first degree in Jurisprudence and her DPhil at Oxford University. In 2001-2 she received a British Academy / Leverhulme Trust Senior Research Fellowship to develop her work on regulation, and in 2007-8 was a Visiting Fellow at All Souls College, Oxford.

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