Category Archives: Deliverables

Invited Speakers:
Peacock, Adam – Associate, Corporate Tax Department, Baker & Mckenzie
Young, Ian – Tax Policy Manager, Institute of Chartered Accountants in England and Wales
Kerrigan, Arthur – Head of Sector, VAT International Financial European Commission
Keen, Michael – Deputy Director, Fiscal Affairs Department, International Monetary Fund Read more »

This is the first of a series of posts discussing aspects of narrative accounts of the financial crisis. For an introduction to these posts see ‘Narratives of the Crisis – Introduction’.

A Brief Overview of Securitisation

The traditional role of banks is to act as intermediaries between savers and borrowers. By taking deposits from savers and making loans to borrowers, banks provide a number of services. They perform a liquidity transformation by taking in short term deposits and providing long term loans; they distribute the risks associated with defaults across many savers; and they minimise the costs of assessing these risks by putting in place repeatable and robust processes for determining the likelihood that any particular borrower will default. While this intermediation has traditionally been performed by banks, it can be performed in other ways, one of which is through the process of ‘securitisation’. Read more »

Narratives are important to the outputs that we will produce under the ethics work stream of FinCris. They attempt to capture a set of causes by grouping them around a common theme and telling the story of the crisis from that perspective. Not only is this an effective way of organising   a causal chain, it also helps bring the story of the crisis to life, adding the kind of information from which we can start to draw conclusions not just about causal responsibility, but about moral responsibility as well. Read more »

Andrew Mullineux and Sajid Mukhtar Chaudhry are working on a paper titled “Bank taxation and regulation”. We are aiming to submit the paper to the “Financial Engineering and Banking Society” (FEBS) conference on the topic of “Financial regulation and systemic risk” to be held in Paris from June 6-8 2013. The deadline of submission of a completed paper is February 8. Following are some of the key points of the paper: Read more »

Andy Mullineux gave the following presentation, titled “Banking for the public good” at the 25^th Australian Finance & Banking Conference, organised by the Institute of Global Finance and the School of Banking & Finance at the Australian Business School (ABS), UNSW, Sydney, Australia, in December 2012.

Download (PDF, 475KB)

FinCris Philosophers’ Workshop

16^th & 17^th November 2012, Copthorne Hotel, Birmingham.

Attendees:
Tom Sorell (Warwick)
James Dempsey (Warwick)
Vilhjálmur Árnason (University of Iceland)
Chris Cowton (Huddersfield)
Chris Megone (Leeds)
Neema Sofaer (King’s College London)
Seumas Miller (Charles Sturt University)
Massimo Renzo (Warwick)
Mark Hannam (FairFinance and Institute of Philosophy, University of London)
John Guelke (Warwick)
Eliana Lauretta (Birmingham)

Attendees (16^th only):
Zofia Stemplowska (Oxford)
Andy Mullineux (Birmingham)
Lindsay Appleyard (Birmingham)

Attendees (by Skype, morning of the 17^th):
Nien-he Hsieh (Wharton)

Overview Read more »