News from Cass Business School

Repairing the UK’s financial system: Is More Regulation the Answer?

Wednesday, 9 December, 2009

Shelagh Heffernan, Professor of Banking and Finance at Cass, looks at the perceived regulatory failure of the banking sector and argues that so called light touch regulation is not the source of the ongoing crisis, making radical reforms unnecessary. Rather, the authorities, especially the FSA, should exercise their existing powers to supervise banks more effectively, free from political meddling.
Cass Talks is a series of free video and audio interviews uploaded weekly each Wednesday, presented by BBC Business Reporter and current Cass EMBA student, Alex Ritson.
The interviews are an opportunity to hear Cass faculty give their perspective on current business and finance news stories, global issues affecting the business world and new research coming out of the School.
Listen, watch and download Professor Heffernan’s view and see other Cass academics share their opinions at

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Shelagh Heffernan, Professor of Banking and Finance at Cass Business School City University, London

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