Pedro Schilling de Carvalho awarded Cambridge’s prestigious Yorke Prize

Dr Pedro Schilling de Carvalho, Assistant Professor (Lecturer) in Financial and Environmental Law at UCL Faculty of Laws, has been awarded the prestigious Yorke Prize from the University of Cambridge for his PhD thesis. The Yorke Prize, endowed in 1873 by Edmund Yorke, is awarded annually by the Faculty of Law for a doctoral thesis of “exceptional quality… which make[s] a substantial contribution to a field of legal knowledge”.

Dr Schilling de Carvalho wrote his thesis, ‘Fragmentation in International Financial Regulation: Rethinking Financial Regulation for a Multipolar World’, drawing on insights from economics, politics, sociology, and law, relying as well on extensive empirical data. 

His thesis examines the shortcomings that international financial regulation is facing in a more multipolar environment, both in more traditional areas of regulation such as banking and capital markets, as well as in emerging practices such as digital and sustainable finance. 

Dr Schilling de Carvalho’s research also considers a number of legal and regulatory frameworks that can be deployed by countries working in a more fragmented context, alongside tools to facilitate the dissemination of best practices across borders. Some of the thesis’ insights have been picked up by organisations such as the International Monetary Fund, the World Bank, and the UK’s Financial Conduct Authority.

Dr Schilling de Carvalho wishes to express his gratitude for receiving the award, as well as his heartfelt thanks to his supervisor, Professor Eilís Ferran from the University of Cambridge, and his examiners, Professor Howell Jackson from Harvard Law School and Professor Niamh Moloney from the London School of Economics.

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• Dr Pedro Schilling de Carvalho