News

Can investors bank on financial gatekeepers after sector scandals?



24 July 2014

If there is one thing that can be learned from the recent investor scandals in the banking sector, it is that gatekeepers have a valuable part to play in the financial market. In her Ross Parsons Lecture in Corporate Law this Thursday evening, Professor Jennifer Payne from Oxford University will examine the role of financial gatekeepers in the post-GFC era.

Professor Payne will address issues such as the core factors that lead to gatekeeper failure, the conflict of interest that can arise from funding models for gatekeepers, what international regulations have been put in place in an attempt to protect investors, and why their overall effectiveness may be doubted.

"Gatekeepers can play a key role in ensuring that investors are protected, but, as the recent crisis has demonstrated, they often fall short of this goal," said Professor Payne.

"Regulation can help here, but it needs to be carefully calibrated and grounded in an understanding of how gatekeepers function and why they sometimes fail in their investor protection role."

Jennifer Payne is Professor of Corporate Finance Law at the University of Oxford where she teaches courses on company law, corporate finance law, corporate insolvency law and principles of financial regulation.

"Sydney Law School has close teaching and research ties with Oxford University," said Professor Jennifer Hill from Sydney Law School. "Professor Payne is one of the world's leading scholars on financial market regulation, and we are delighted to welcome her to Australia on her first visit here."

This lecture will be broadcast live across various Australian venues. View a complete list here. Please note that Professor Jennifer Payne is unavailable for interview, but attending one of these events is an opportunity to report on her views on this timely topic.

Ross Parsons was Australia's acknowledged leader in tax law research and Professor of Law at the University of Sydney from 1961 to 1986.

Event details:

What: 2014 Ross Parsons Lecture in Corporate Law: Professor Jennifer Payne, Oxford University

Where: Court One, Federal Court of Australia, Queens Square, Sydney

When: 5.30-6.45pm (registration from 5pm), Thursday 24 July, 6:00-7.30pm

Cost: Free and open to all with online registration requested.

Registration: 02 9351 0429 or law.events@sydney.edu.au

Media enquiries: Kate Mayor, 02 9351 2008, 0434 561 056, kate.mayor@sydney.edu.au