Skip to main content

'Our distrust is very expensive’: How do we restore trust in banks?

Linda Arch

A paper by Dr Linda Arch, Lecturer in Finance at the ICMA Centre has been published by the Institute for Public Policy Research (IPPR). The Spring 2019 issue of the IPPR Progressive Review is based on the theme of democracy, post-Brexit. In the paper titled “'Our distrust is very expensive’: How do we restore trust in banks?”, Linda explores the idea that effective bank regulation depends upon trust, which requires trustworthy banks and regulators.

She argues that we need a broad and democratic conversation as to the principles which should underpin bank regulation in the UK post-Brexit. In turn, this will help us to avoid a post-Brexit bank regulatory ‘race to the bottom’.

Read the full paper here.

Dr Linda Arch’s research interest lies in the regulation of banks in the UK in the mid-twentieth century. In her recent book ‘The regulation of the London clearing banks, 1946-1971: stability and compliance’, Linda questions the interpretation of bank regulation which has prevailed in the academic literature for this period. This interpretation holds that the approach to regulation was driven primarily by the policy of “financial repression.”

Find out more about the book here. Find out more about Dr Linda Arch's research here.

View Profile

Published 4 March 2019
Research news

You might also like

A Guide to Best Practice in the European Repo Market

6 March 2014
The ICMA have just published a guide to best practice in the European Repo Market.This important document was written by Richard Comotto, Senior Visiting Fellow at the ICMA Centre for the ICMA's European Repo Council. It represents the most comprehensive set of recommendations for trading and settlement, and codification of market conventions, in any repo market and is likely to provide a model to other markets. It will also be an essential aide to researchers, commentators and policy-makers.

ICMA Centre students to visit Tsinghua University for Summer Program 2016

24 June 2016
Three masters in finance students at the ICMA Centre have been awarded scholarships to take part in a summer exchange program with China’s PBC School of Finance, Tsinghua University.

CISI Renew Masters Accreditation and Partnership

29 November 2016
This week the ICMA Centre and the Chartered Institute of Securities and Investment (CISI) renewed their long-standing partnership.