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The Economy of Errors: Can understanding human nature help protect consumers

1st October 2013
  • ResPublica

The Economy of Errors: Can understanding human nature help protect consumers #EconomyOfErrors.

Financial regulation and enforcement can be a costly endeavour for financial institutions and regulators. Using techniques trialled in behavioural economics to ‘nudge’ market players into good behaviour could both save money and make for a more ethos driven financial sector. This public panel session will discuss how such a change in regulation may be brought about. Throughout the session, interactive behavioural ‘games’ will be utilised to improve the overall delegate experience.

Speakers:

  • Rt Hon Greg Clark, Financial Secretary to the Treasury
  • David Mowat MP, Parliamentary Private Secretary to the Financial Secretary to the Treasury
  • Tracey McDermott, Director of Enforcement and Financial Crime, FCA
  • Andrew Lilico, Director of European Economics

Co-hosted with Financial Conduct Authority.


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