Julia Black
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Julia Mary Black (born 29 January 1967) is the strategic director of innovation and a professor of
law Law is a set of rules that are created and are enforceable by social or governmental institutions to regulate behavior,Robertson, ''Crimes against humanity'', 90. with its precise definition a matter of longstanding debate. It has been vario ...
at the
London School of Economics and Political Science , mottoeng = To understand the causes of things , established = , type = Public research university , endowment = £240.8 million (2021) , budget = £391.1 millio ...
(LSE).LSE Staff Webpage
London School of Economics , mottoeng = To understand the causes of things , established = , type = Public research university , endowment = £240.8 million (2021) , budget = £391.1 millio ...
. Accessed October 14, 2016
She was the interim director of the LSE, a post she held from September 2016 until September 2017, at which time Minouche Shafik took over the directorship. She is the president of the
British Academy The British Academy is the United Kingdom's national academy for the humanities and the social sciences. It was established in 1902 and received its royal charter in the same year. It is now a fellowship of more than 1,000 leading scholars span ...
, the UK's national academy for the humanities and social sciences, and became the academy's second female president in July 2021 for a four-year term.


Early life and education

Black was born on 29 January 1967 in Waterloo, Lancashire, England. She graduated with a First Class
undergraduate degree An undergraduate degree (also called first degree or simply degree) is a colloquial term for an academic degree earned by a person who has completed undergraduate courses. In the United States, it is usually offered at an institution of higher e ...
in
jurisprudence Jurisprudence, or legal theory, is the theoretical study of the propriety of law. Scholars of jurisprudence seek to explain the nature of law in its most general form and they also seek to achieve a deeper understanding of legal reasoning a ...
from the
University of Oxford , mottoeng = The Lord is my light , established = , endowment = £6.1 billion (including colleges) (2019) , budget = £2.145 billion (2019–20) , chancellor ...
in 1988. In 1994, she completed her
DPhil A Doctor of Philosophy (PhD, Ph.D., or DPhil; Latin: or ') is the most common degree at the highest academic level awarded following a course of study. PhDs are awarded for programs across the whole breadth of academic fields. Because it is a ...
with a thesis on Conduct of Business Rules in the financial sector.CV Julia Black
P.R.I.M.E. Finance. Accessed October 14, 2016
Her primary research interests are regulation of the
financial services Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, acco ...
sector and
financial risk Financial risk is any of various types of risk associated with financing, including financial transactions that include company loans in risk of default. Often it is understood to include only downside risk, meaning the potential for financial ...
.


Career

Black is strategic director of innovation, professor of law at the London School of Economics and Political Science and the general editor of the ''
Modern Law Review The ''Modern Law Review'' is a peer-reviewed academic journal published by John Wiley & Sons on behalf of Modern Law Review Ltd. and which has traditionally maintained close academic ties with the Law Department of the London School of Economics. ...
''. She was the LSE's pro director for research from 2014 to 2019 and interim director of the LSE from 2016 to 2017. She is also a research associate of the LSE's Centre for the Analysis of Risk and Regulation (CARR) and has been actively involved with developing the LSE’s research collaborations with STEM disciplines, particularly around health and data science. She has been a Fellow of the British Academy since 2015 and the president-elect since 2020. She became only the second female president in the academy’s 118-year history, after taking up the role in July 2021 for a four-year term and becoming the 31st president, when she succeeded the historian Professor Sir David Cannadine. Previously, she was a lecturer and tutor at the
University of Oxford , mottoeng = The Lord is my light , established = , endowment = £6.1 billion (including colleges) (2019) , budget = £2.145 billion (2019–20) , chancellor ...
, the recipient of a
British Academy The British Academy is the United Kingdom's national academy for the humanities and the social sciences. It was established in 1902 and received its royal charter in the same year. It is now a fellowship of more than 1,000 leading scholars span ...
/
Leverhulme Trust The Leverhulme Trust () is a large national grant-making organisation in the United Kingdom. It was established in 1925 under the will of the 1st Viscount Leverhulme (1851–1925), with the instruction that its resources should be used to suppo ...
Senior Research Fellowship, and a visiting fellow at the
University of Sydney The University of Sydney (USYD), also known as Sydney University, or informally Sydney Uni, is a public research university located in Sydney, Australia. Founded in 1850, it is the oldest university in Australia and is one of the country's si ...
and at
All Souls College, Oxford All Souls College (official name: College of the Souls of All the Faithful Departed) is a constituent college of the University of Oxford in England. Unique to All Souls, all of its members automatically become fellows (i.e., full members of t ...
. In 2014, she was the Sir Frank Holmes
Visiting Professor In academia, a visiting scholar, visiting researcher, visiting fellow, visiting lecturer, or visiting professor is a scholar from an institution who visits a host university to teach, lecture, or perform research on a topic for which the visitor ...
in Public Policy at the
University of Victoria, Wellington Victoria University of Wellington ( mi, Te Herenga Waka) is a university in Wellington, Wellington, New Zealand. It was established in 1897 by Act of New Zealand Parliament, Parliament, and was a constituent college of the University of New Z ...
. She has also received grants from the
Economic and Social Research Council The Economic and Social Research Council (ESRC), formerly the Social Science Research Council (SSRC), is part of UK Research and Innovation (UKRI). UKRI is a non-departmental public body (NDPB) funded by the UK government. ESRC provides fundi ...
(ESRC) and the
Social Science Research Council The Social Science Research Council (SSRC) is a US-based, independent, international nonprofit organization dedicated to advancing research in the social sciences and related disciplines. Established in Manhattan in 1923, it today maintains a he ...
(SSRC) and was the recipient of the 2016 Standing Group Award for Regulatory Studies Development. She has written extensively on regulatory issues in a number of areas, including
financial regulation Financial regulation is a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines, aiming to maintain the stability and integrity of the financial system. This may be handled ...
and was a part of a high-level steering group of experts working on a review of the
Research Excellence Framework The Research Excellence Framework (REF) is a research impact evaluation of British higher education institutions. It is the successor to the Research Assessment Exercise and it was first used in 2014 to assess the period 2008–2013. REF is under ...
(REF) chaired by former president of the British Academy and World Bank Chief Economist, Lord Nicholas Stern. The independent review, which was published in 2016, was designed to make recommendations on how the REF worked in future. In the same year, she was also a member of the British Academy’s working group on interdisciplinary research, which examined how interdisciplinary research is carried out, the demand for it and whether the right structures are in place to support interdisciplinarity across the research and higher education system. Outside of academia, Black has had a number of non-executive and advisory roles for many organisations, including the
Organisation for Economic Co-operation and Development The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organization, intergovernmental organisation with 38 member countries ...
(OECD), the
UK National Audit Office The National Audit Office (NAO) is an independent Parliamentary body in the United Kingdom which is responsible for auditing central government departments, government agencies and non-departmental public bodies. The NAO also carries out val ...
, the
Solicitors Regulation Authority The Solicitors Regulation Authority (SRA) is the regulatory body for solicitors in England and Wales. It is responsible for regulating the professional conduct of more than 125,000 solicitors and other authorised individuals at more than 11,000 ...
(SRA), the
Financial Services Authority The Financial Services Authority (FSA) was a quasi-judicial body accountable for the financial regulation, regulation of the financial services industry in the United Kingdom between 2001 and 2013. It was founded as the Securities and Investmen ...
, and the
Law Commission A law commission, law reform commission, or law revision commission is an independent body set up by a government to conduct law reform; that is, to consider the state of laws in a jurisdiction and make recommendations or proposals for legal chang ...
. At the SRA, she was an independent board member from 2014 to 2018 and chaired its policy committee. Currently, she is an external member of the Prudential Regulation Committee and an external member of the SONIA oversight committee at the
Bank of England The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government of ...
, with the term of her appointment running from November 2018 to November 2021. She has been a senior independent member of
UK Research and Innovation UK Research and Innovation (UKRI) is a non-departmental public body of the Government of the United Kingdom that directs research and innovation funding, funded through the science budget of the Department for Business, Energy and Industrial Str ...
(UKRI), which is responsible for research and innovation funding in the UK, since 2017 and is also a member of the Council of Science and Technology, which advises the prime minister on science and technology policy issues across government, and recently joined the board of governors of the Courtauld Institute of Art. Due to her work over the years, Black was appointed
Commander of the Order of the British Empire The Most Excellent Order of the British Empire is a British order of chivalry, rewarding contributions to the arts and sciences, work with charitable and welfare organisations, and public service outside the civil service. It was established o ...
(CBE) in the 2020 New Year Honours for services to the study of law and regulation.


References


External links


Staff page at the Department of Law, LSEBritish Academy Fellowship profile page
{{DEFAULTSORT:Black, Julia Living people British legal scholars Academics of the London School of Economics Alumni of Lincoln College, Oxford Fellows of the British Academy Commanders of the Order of the British Empire 1967 births