Australia's finance leaders engage with Centre for International Finance and Regulation

21 November 2011

NSW Trade & Investment co-hosted an industry forum on 22 November to connect financial services leaders with Sydney's new Centre for International Finance and Regulation.

The forum was a chance to introduce financial institutions based in Australia to the Centre and explore potential opportunities for future engagement in the development of an industry-relevant research agenda.

"The Centre will provide cutting-edge research, potential regulatory responses and industry education across a wide spectrum of issues in the finance sector," Deputy Premier and Minister for Trade and Investment Andrew Stoner said as part of his announcement.

"Importantly, it will have a consensus-building role by combining collaborative research with effective outreach to contribute to the strengthening of economies in the Asia Pacific and beyond."

Hosted by the University of New South Wales, the Centre for International Finance and Regulation brings together some of the world's leading experts in finance and regulation to play an important post-GFC role in enhancing market stability and system integrity.

Overseeing the Centre's important work is a high calibre board announced at the forum.

Investment banker Mr Peter Mason has been appointed chairman. Federal Treasury Secretary Dr Martin Parkinson, Chairman of the NSW Innovation and Productivity Council and CEO of Morgan Stanley Australia Mr Steven Harker, and Chairman of the Australian Prudential Regulation Authority Dr John Laker are also joining the board.

Partner institutions are represented on the board by UNSW Vice-Chancellor Professor Fred Hilmer and Dean of the Australian School of Business Professor Alec Cameron; Sydney University Vice-Chancellor Dr Michael Spence; and Macquarie University Vice-Chancellor Professor Steven Schwartz.

The Interim Director of the Centre, Mr John Trowbridge, will also join the board.

The Centre for International Finance and Regulation's foundation partners are UNSW, the University of Sydney, Macquarie University, University of Technology, Sydney, the University of Melbourne, Australian National University, Capital Markets Cooperative Research Centre, Securities Industry Research Centre of Asia-Pacific, NYU's Salomon Centre and Volatility Institute, and UCLA's Fink Centre.

Industry participants supporting the Centre are the Commonwealth Bank of Australia, Macquarie Group and KPMG.