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Dr Clare Jones

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Professional biography

Dr Clare Chambers-Jones is a Senior Law Lecturer at the Open University and teaches across a variety of different modules. Clare joined the Open University from the University of the West of England, where she was an Associate Professor in Banking and Finance Law. Clare is a Fellow of the Higher Education Academy, has an LLB from Glamorgan University (2001); a PhD in Financial Exclusion and Banking Regulation, Bournemouth University (2004); Financial Planning Certificates, Chartered Institute of Insurers (2004); PGCert in Academic Practice, Bournemouth University, (2007); PGCert in Research Supervision, Bournemouth University (2008), and an MA Education in Virtual Worlds, University of the West of England (2014).
Clare has worked in the City of London with Grant Thornton and subsequently Morgan Stanley, where she was an investment banking legal and equity research officer for Europe.
Clare returned to academia and has taught on a variety of undergraduate and postgraduate modules. She has also supervised a number of PhDs to completion. Her main areas of interest are banking law, financial education, financial exclusion and poverty, alternative financial delivery mechanisms, cyber law and crime jurisdiction, mobile finance and immersive legal education. She has also researched prolifically on the subject of banking and finance, cyber jurisdiction and criminal actions on an international level. Clare’s publications include three monographs and a very considerable number of articles and book chapters.
Clare is passionate about delivering effective learning materials has a particular interest in virtual learning environments, incorporating immersive environments into curricula, encompassing games, role play and simulations.

Research interests

Clare's research interests are banking and finance law, financial education, financial exclusion and poverty, alternative financial delivery mechanisms, such a virtual and digital currencies, financial crime, including money laundering and terrorist financing, cyber law and crime jurisdiction, mobile finance and immersive legal education.
Clare welcome interest in PhD studies in any of the above or related areas, nationally or internationally.

Teaching interests

International Banking and Finance
Contract and Tort Law
Company Law
Commercial Law
Corporate Social Responsibility
Research Methods

Impact and engagement

Vodafound Foundation 2007
The project developed a mobile phone app which could be used by secondary school pupils to develop financial literacy with the aim of prevent financial exclusion and poverty.

Early Career Research Grant 2010
The project investigated whether money laundering is taking place in the virtual world, namely second life. The research examined second life, its legal structure and the ability to commit money laundering through the virtual platform.

Online Banking and Finance Conference within a Virtual World 2013 QR Funding
Developing a virtual reality platform to develop academic conference proceedings.

2013 Financial Regulation Consultancy Project
Provided expert advice and drafted gap analysis for a new start up company.

Teaching and Learning Grant
To develop a virtual world platform to deliver and teach law courses. This project spanned over 18 months and has created two unique law virtual world environments to provide an immersive and interactive environment in which law courses can be delivered. This ran alongside the pedagogical theory undertaken in the MA Education in Virtual Worlds. These sites can be located within the UWE Innovation Island on Second Life. Link to site:

External collaborations

SLSA Banking and Finance Stream Conveynor from 2009-2016

Cyber Laws Editor

LSPI convenor and reviewer

Commonwealth Cyber Crime Working Group 2013 member

Previous General Secretary for the Commonwealth Legal Education Assocation


Digital Currencies and Organized Crime update (2018)
Jones, Clare
Financial Regulation International

Cyber economic crime and commonwealth laws (2013)
Jones, Clare
International Journal of Intellectual Property Management, 6(1/2) (pp. 95-110)

Can You Ever Regulate the Virtual World Against Virtual Economic Crime? (2012)
Jones, Clare
Journal of International Commercial law and Technology, 7(4) (pp. 339-349)

How virtual are virtual economies? An exploration into the legal, social and economic nature of virtual world economies (2011-08)
Chambers, Clare
International Journal of Computer Law, 27(4) (pp. 337-384)

The Reforms: A political safe haven or political suicide. Is the Labour bubble bursting? (2011)
Jones, Clare
Journal of Financial Regulation and Compliance, 19(1) (pp. 5-17)

The Banks: Rising from the ashes or still smouldering? (2011)
Chambers, Clare
International Journal of Liability and Scientific Enquiry., 4(2) (pp. 107-128)

US Financial Recovery: Political Regulations or a plan for the future. (2010-06-01)
Chambers, Clare
Journal of Banking Regulation, 11 (pp. 240-255)

Banking of reform in 2010: Is regulatory change ever enough and will 2010 and the General Election hold the answers for the Financial Services Industry? (2010)
Jones, Clare
The Law Teacher, 44(2) (pp. 218-234)

The Banking Act 2009: A historical piece of legislation or a relic of our time; only history can tell? (2010)
Chambers, Clare
International Journal of Liability and Scientific Enquiry, 3(1/2) (pp. 72-85)

Innovation in Inclusion: A financial M-learning game Part 1 (2010)
Chambers, Clare and Shufflebottom, Mark
The Law Teacher, 44(1) (pp. 17-31)

Innovation in Inclusion: A financial M-learning game Part 2' (2010)
Chambers, Clare and Shufflebottom, Mark
The Law Teacher, 44(2) (pp. 117-136)

The Financial Services Act 2010: how will the FSA rise to meet its new challenges (2010)
Chambers, Clare and Ryder, Nicholas
Financial Regulation International, 13(3)

Cyclical De Ja Vue: Emancipation of the FSA and the rise of the Bank of England once more (2010)
Chambers, Clare and Ryder, N.
Financial Regulation International

Fate of the Financial Services Authority: Bought back from the brink or on the edge of a precipice (2010)
Chambers, Clare
Business Law Review, 31(8/9) (pp. 198-200)

Another Day, another culprit – Corporate Governance – Is it to blame for the banking crisis (2009-12)
Chambers, Clare
Business Law Review, 30(12) (pp. 264-269)

The Turner review: A verbose attempt at curbing the cycle (2009-07)
Chambers, Clare
Business Law Review, 30(7) (pp. 158-160)

The credit crunch – are credit unions able to ride out the storm (2009)
Chambers, Clare and Ryder, Nicholas
Journal of Banking Regulation, 11(1) (pp. 76-86)

Gambling on compliance with the new 2005 Act: Do organizations fulfil new regulations (2009)
Chambers, Clare
International Review of Law, Computers & Technology, 23(3) (pp. 203-215)

Funding of Credit Unions– where has all the money gone? (2008-09)
Jones, Clare and Ryder, Nicholas
Journal of Social Welfare and Family Law, 30(3) (pp. 243-252)

Bursting the mortgage bubble (2008)
Ryder, Nicholas and Jones, Clare
New Law Journal, 158(7326) (pp. 882-883)

The Human Rights Act 1998 and Criminal law Appeals (2003)
Jones, Clare and Doherty, M
The Law Teacher, 37(1) (pp. 96-104)

Financial Crime and Gambling in a Virtual World: A New Frontier in Cybercrime (2014)
Chambers-Jones, Clare
ISBN : 978 1 78254 519 4 | Publisher : Edward Elgar | Published : London

Virtual Economics and Financial Crime: Money Laundering in Cyberspace (2012)
Chambers, Clare
ISBN : 978 1 84980 932 0 | Publisher : Edward Elgar | Published : London

Financial Exclusion and Banking Regulation in the UK: A Template Analysis (2010)
Chambers, Clare
ISBN : 9783838350714 | Publisher : Lambert Academic Publishing | Published : Saarbrucken

AI, Big data, Quantum Computing and Financial Exclusion: tempering enthusiasm and offering a human centric approach to policy. (2021)
Chambers-Jones, Clare
In: Lui, A and Ryder, N eds. FinTech, Artificial Intelligence and the law – the right balance of financial innovation and financial inclusion.. Financial Crime Series (pp. 193-210)
Publisher : Routledge | Published : London

Money laundering in a Virtual World (2018-05)
Chambers-Jones, Clare
In: King, Colin; Walker, Clive and Gurule, Jimmy eds. The Palgrave Handbook of Criminal and Terrorism Financing Law (pp. 165-182)
ISBN : 978-3-319-64498-1 | Publisher : Palgrave Macmillan | Published : London

The Financial Crisis and Digital Currencies (2018)
Chambers-Jones, Clare
In: Ryder, Nicholas ed. White Collar Crime and Risk. Palgrave Studies in Risk, Crime and Society (pp. 203-230)
ISBN : 978-1-137-47384-4 | Publisher : Palgrave Macmillan | Published : London

Exploring accountability in bribery and corruption disclosures by UK listed defence companies (2017-04-26)
Jones, Clare and Day, Robert
In: Steckle, Rudolf ed. Theorie und Praxis aus Rechnungswesen und Wirtschaftsprufung - Nationale and Internationale Enterwicklunge (pp. 123-175)
ISBN : 978-3-7007-6786-2 | Publisher : LexisNexis | Published : Germany

The credit crunch and mortgage fraud- too little too late? A comparative analysis of the policies adopted in the United States of America and the United Kingdom (2010)
Jones, Clare and Ryder, Nicholas
In: Kis, Szilárd and Balogh, Istvan eds. Housing, Housing Costs & Mortgages: Trends, Impact and Prediction. Housing Issues, Laws and Programs
ISBN : 9781607418139 | Publisher : Nova Science Publishers | Published : America