Attempts to describe the behaviors and the group dynamics driving the decision making process of regulators — and, in particular, EU financial regulators — have been sketchy and disappointing, as the minute comparison of different regulatory approaches or the game metaphor, albeit offering useful insights, do not enrich our understanding. Our work uses the rich vocabulary and conceptual frameworks of psychology as it approaches financial regulation in the EU from a socio-psychological perspective. In the context of financial regulation, it emerges that the relational structures of EU bodies and institutions are affected by their constitutional status, membership rules, and the functional relation they perform vis-à-vis the common interest. It is our hope that further investigations will be conducted in what appears to be a new approach to regulation studies.
CASTELLANO, G.G. and HELLERINGER, G. (2017). Shedding Light on EU Financial Regulators: A Sociological and Psychological Perspective. Hastings International and Comparative Law Review, 40(1), pp. 69-121.