Since the 2007-2008 financial crisis, financial regulation is at the heart of the economic and political agenda. Indeed, the crisis forced both regulators and academics to challenge the efficiency of existing policies. To address this challenge, the Laboratory of Excellence on Financial Regulation (Labex ReFi) was created under the initiative of Cnam, Ena, Paris 1 Pantheon Sorbonne University and ESCP Europeas a network of international scientists, legislators and experts working on financial regulation. This initiative is part of the "Les Investissements d’Avenir" program under the aegis of the Agence Nationale de la Recherche (ANR / National Research Agency).
Under the supervision of Christian de Boissieu, Raphael Douady, and François-Gilles Le Theule, the Labex ReFi is a research facility dedicated primarily to the evaluation of regulation policies at the French and European level.
Main objectives of the Labex ReFI:
- To enhance our understanding of the functioning of the financial system and to propose better ways to regulate it.
- To provide an independent point of view to the policy makers through its technical and academic expertise.
- To deliver messages on sound regulation to students at master and phd lebel, and to executives.
At Labex ReFi, economists, applied mathematicians, accountants, financiers and jurists from many different institutions work together and are all focused on financial regulation through their own background, tools and expertise in order to produce useful research which possess a practical value for policymakers.