To answer these questions, the French laboratory of excellence on financial regulation (Labex ReFi) was established at the initiative of the Conservatoire national des arts et métiers (CNAM[1]), the Ecole Nationale d'Administration (ENA) and Pantheon-Sorbonne University and ESCP Europe (project leader[2]) in the framework of the “Grand Emprunt”.

[4] Labex ReFi is a multidisciplinary laboratory where specialists in economics, accounting, finance and management, financial mathematics and law, from several institutions, collaborate.

Partner institutions (University of Paris I, ESCP Europe, CNAM, ENA, ENASS[6]) also animate research seminars dedicated to the regulation.

Since November 2011, breakfasts addressed questions related to assessing sovereign debts, the role of rating agencies and the separation of banking activities, market efficiency, the asset quality review, the content of risk reports, etc.

Several conferences for large audiences were organized on main regulation themes including a major conference in June 2013 in collaboration with FEBS on "Financial Regulation and Systemic Risk", which brought together over 350 participants, as well as other events, e.g. "Rethinking the finance standards" (October 2011), "Shareholder activism" (January 2012), "4th edition of the European Days of control" (February 2012), "The new prudential standards: what effects banking sector, what effects on financial stability?"

Other courses are provided involving professionals with extensive practical market or accounting information experience, collectively addressing students from all partner institutions and even from executive education.