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The Foundation for Law, Justice and Society (FLJS) is an independent not-for-profit institution that aims to promote an understanding of the role of law in society. We identify and analyse issues of contemporary interest and importance, disseminating the insights of decision-makers and experts to a global audience through our extensive online resource of free-to-download Policy Briefings, Opinion Pieces, and multimedia podcasts.
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From Regulatory Capture to Regulatory Space?

The capture of regulators by industry interests was once viewed as the dominant paradigm for failures of regulation. Recently, the financial crisis has re-awoken interest in ‘regulatory capture’ — a term used by the Governor of the Bank of England Sir Mervyn King, among others.