Systemic Risk Centre

The People’s Bank of China (PBOC) has launched an ambitious project to develop a digital currency for use in domestic, retail transactions, and is, by...

Journal of Financial Economics, 141(3), 831-859

Despite the commonly held views of economists on regulatory capture, our profession has been much more hesitant in recognising similar conflicts of...

Recognising the critical role that financial markets will play in the success of the UK’s post-Brexit economy, the Treasury is now engaged in a review...