New research center launched to help tackle financial crises

People all over the world have faced a very difficult year. Floods and wildfires caused by global warming, the Covid-19 pandemic and another financial crisis caused by a massive increase in fuel and gas prices.

These are the types of disasters that the new program at the University of Portsmouth Center for Innovative and Sustainable Finance (CISF) has been set up to investigate and so far mitigate.

CISF aims to help governments, organizations, individuals and society navigate a changing financial landscape. The Center will do this through research and investigation in various fields, from Fintech to green investing, from money laundering to cybercrime, from ethical finance to environmental, social and governance sustainability to personal credit and national solvency.

Members include 54 experts from three faculties of the University, who have already completed several large-scale projects; more recently watching the financial resilience of Premier League football clubs, tax evasion in sub-Saharan Africaand The “price pricing” of Covid-19 in the EU.

The team has developed strong relationships with leading organizations in the UK and around the world, including the Bank of England, Bank of Japan, NASDAQ, EU and foreign governments. In addition to research and investigation, the collaborations will also involve the co-organization of events such as conferences and workshops, the delivery of expert lectures on topical issues and the provision of consultancy services. .

Solving the world’s problems requires a transversal approach, looking at research fields through the prism of finance to discover, for example, the economic and social consequences of global warming or pandemics like Covid-19

Professor Jia Liu, Director of the CISF Center and Professor of Accounting and Finance at the University of Portsmouth, said: “The Center serves as a link to bring together researchers from all faculties, as well as with research institutes across the whole world. Finance, like many other fields of research, can no longer stand alone.

“Solving the world’s problems requires a transversal approach, looking at research fields through the prism of finance to discover, for example, the economic and social consequences of global warming or pandemics like Covid-19. The team also scans the horizon for new threats and advises governments on how to avoid old ones.

The Center will be officially launched at the 11th International Conference of the Financial and Banking Engineering Company (FEBS) on Friday, June 10. This year’s FEBS conference was hosted by the University of Portsmouth and co-organised by the Center and Montpellier Business School in France.

The launch of the Center marks an important part of the University’s ongoing commitment to identifying and solving problems, enriching people’s lives and creating lasting impact.

Professor Jeremy Howells, Pro Vice-Chancellor for Research and Innovation, University of Portsmouth, said: “To be successful, we need to nurture and inspire researchers at all stages of their careers in creating new knowledge. So, in addition to providing them with mechanisms to stimulate and support them, the Center also supports and strengthens our doctoral programs, enabling our doctoral students to acquire the up-to-date skills and specialized knowledge essential for careers in finance and in the fields related. ”

Professor Karen Johnston, Associate Dean of the Faculty of Business and Law at the University of Portsmouth, added: “The launch of the center marks an important part of the university’s ongoing commitment to identifying and solving problems, enriching people’s lives and creating lasting impact. .”

/Public release. This material from the original organization/authors may be ad hoc in nature, edited for clarity, style and length. The views and opinions expressed are those of the author or authors.View Full here.