Multi-level financial regulation and domestic political economy: accounting for the UK’s shifting regulatory outlook, from post-crisis reform to Brexit

Scott James and Lucia Quaglia discuss the UK’s role in shaping post-crisis financial regulatory reform, and assess the implications of its withdrawal from the EU. Drawing on their recent book, they use a domestic political economy approach to examine how the interaction of UK officials, financial regulators, and the financial industry shaped UK preferences, strategy, and influence in international and EU-level regulatory negotiations. They conclude by reflecting on the future of UK financial regulation after Brexit.