Dilly Karim researches financial stability and macroprudential analysis. She has worked with the National Institute of Economic and Social Research, investigating banking crises and their prediction. Her main research focus has been on the design of Early Warning Systems for banking crises including linear and non-linear estimators, contributing to the Bank of England, EU Commission, the European Central Bank, HM Treasury and the Financial Services Authority’s (now PRA’s) interest in these areas. She was the principal investigator on an ESRC grant for research on the Early Warning Systems for crises in Latin America and Asia. Dr Karim and her co-authors worked on the Basel III framework as commissioned by the Financial Services Authority, to investigate the optimal regulation of bank capital and liquidity. This produced a recommendations capital should be increased by 4 per cent, as was adopted by the Bank for International Settlements in Basel as the core basis for changes in regulation which continue to be implemented internationally. Dr Karim also works on the policy justifications of countercyclical capital buffers, the impact of macroprudential rules on bank profitability and the wider economy via recent grant-aided work for the Bank of England. She is involved in organising the Third 明星八卦 Banking Conference and with her co-authors is currently setting up the Centre for Banking Research at 明星八卦. This will concentrate research on four core areas: (1) Financial Stability (2) Macroprudential regulation and policy (3) Pension fund behaviour and regulation and (4) Bank behaviour.
Dr. Francesco De Pascalis is the author of "Credit Ratings and Market Over-reliance: An International Legal Analysis" (Brill-Nijhoff 2017), the chapter on "FinTech credit firms: Prospects and uncertainties", in Routledge Handbook of Financial Technology and Law (Chiu, IH-Y. and Deipenbrock, G., eds; Routledge, forthcoming 2021, and numerous research articles in this field. He is the member of SUSFIN, a newly established Research Network for Sustainable Finance, based at the Law Faculty of the University of Zurich. Prof. Arad Reisberg is the member of the, Financial Markets Law Committee Advisory Group at the Bank of England on Brexit and an invited member of the Financial Markets Law Committee in the Bank of England's Radar Programme. Dr. De Pascalis, Prof. Reisberg and other team members work on various issues related to stability, transparency and accountability in the financial markets; ethics, governance and compliance in the corporate and banking sectors; behavioural aspects of regulations and institutions, and sustainable economic development and financial inclusion.
The group includes Prof. Arad Reisberg, who is the member of the, Financial Markets Law Committee Advisory Group at the Bank of England on Brexit and an invited member of the Financial Markets Law Committee in the Bank of England's Radar Programme. Prof. Reisberg and other team members work on various issues related to stability, transparency and accountability in the financial markets; ethics, governance and compliance in the corporate and banking sectors; behavioural aspects of regulations and institutions, and sustainable economic development and financial inclusion.