In this AIIFL
News, we highlight a range of publications and activities from the AIIFL team
as well as introducing the new AIIFL website.
Over the past year, the role of digital communications and interactions has increased dramatically, including here at AIIFL. We have thus taken the opportunity to refocus our efforts and digital reach, not only with this new website but with an increasing range of online events and expansion of our communications channels, including LinkedIn, Twitter and Facebook.
Taking adventure of this, I would like to share with you a photo for our first online meeting with the AIIFL Academic Advisory Board (AAB) and Professional Advisory Board (PAB) on 28th June 2021 attended by (from top left to right): Professor George Walker (AAB), Professor Douglas Arner (AIIFL Director), Yong Kai Wong (PAB), Kenneth Ng (PAB), Jeffrey Chen (PAB), Stefan Gannon (Vice Chairman, PAB), Evan Gibson (AIIFL Research), Professor Charles Booth (Vice Chairman, AAB), Professor Mark Roe (AAB), Professor Mads Andenas (AAB), Hon Mr Justice William Blair (AAB), Professor Ruth Plato-Shinar (AAB), Professor Steven Schwarcz (AAB), Professor Ian Ramsay (AAB), Dr Michael Taylor (AAB), Dr Arthur McInnis (AAB), Martin Lister (PAB), Sou Chiam (PAB), Professor Benjamin Geva (AAB), Professor Rolf H. Weber (AAB), Professor Sarah Worthington (AAB), Flora Leung (AIIFL Secretary), Susie Cheung (PAB), Mohan Datwani (PAB), and Yun Zhao (Board of Management). Professor Richard Cullen (Board of Management), Professor John Lowry (AAB) and Professor Dan Prentice (AAB) are not visible but present.
The 2019-2020 academic year was the twentieth anniversary of AIIFL. While we were unable to hold live events in Hong Kong, we did take the opportunity to take stock of our performance over the past 20 years, summarised in the 2019-2020 AIIFL Annual Report for AIIFL’s 20th Anniversary. During that period AIIFL and its Fellows have had impressive output, impact and reach.
My current term as Director of AIIFL will finish at the end of June and I would especially like to take the opportunity to thank you for your continuing support to the Institute and welcome Dr Emily Lee as AIIFL Director from 1 July 2021. I would very much like to thank the entire AIIFL team, particularly Flora Leung (without whom nothing here happens) and Evan Gibson (AIIFL Assistant Research Officer), picture left.
New AIIFL Website
The new AIIFL website (www.AIIFL.com) highlights the key
themes and issues driving global finance today: regulation, technology,
sustainability, globalisation, fragmentation.
There are a range of short videos across the site, with the co-founders of AIIFL as well as the Convenors of the Research Programmes, sharing the history of the Institute as well as our strategic research directions. We hope that the new website is useful and informative.
UN Dialogue on Global Digital Finance Governance
The first set of reports from the UN Dialogue on Global Digital Finance Governance has been launched. A team from AIIFL including Sangita Gazi, Kuzi Charamba, Artem Sergeev and Douglas Arner along with Dirk Zetzsche (University of Luxembourg) and Ross Buckley (UNSW Australia) has worked closely with the Dialogue over the past year, including leading on 3 of the 8 of the reports:
Summary Paper: BigFintechs and Sustainability: A Necessary Convergence
Technical Paper 1.1: BigFintechs and their impacts on sustainable development
Technical Paper 1.1B: BigFintechs and their impacts on macroeconomic policies
Technical Paper 1.2: Digital currencies and CBDC impacts on Least Developed Countries
Technical Paper 2.1: BigFintechs and the UN SDGs: the role of corporate governance innovations
Technical Paper 3.1: Policymakers, BigFintechs and the United Nations SDGs
Technical Paper 3.3: A principles-based approach to the governance of BigFintech
All papers are available HERE.
Looking Back Looking Forward: Regulatory Technology After COVID-19
In the episode 4 of Looking Back Looking Forward, Douglas Arner discusses the implications of COVID-19 for RegTech and SupTech: the use of technology for regulatory and supervisory purposes. Non-face-to-face interactions due to lockdowns and other COVID-19 measures have allowed the pursuance of digital reporting and analytics to not only create efficiency but also achieve regulatory and supervisory objectives for financial systems to support sustainable development more broadly.
Watch it HERE
PUBLICATIONS AND REPORTS
AWARDS AND IMPACTS
Syren Johnstone appointed as one of the Curators who act as the Managing
Editors of the RegTrax repository. The Curators are recognized experts in their
jurisdictions, and oversee the information that’s being added to ensure
accuracy. They are charged with reviewing the research done by its network of
contributors (as well as any regulations offered from the public), and ensuring
the accuracy of the regulation, source, and conclusions.
LITE Lab students nominated for Financial Times Innovative Lawyer Collaborative Lawyer Award on Wanted: Role Models for Solving Legal Problems Together
Interview on the Future of Legal
Innovation in Asia
Press Release on Covid-19 Catalysing
the Rapid Growth of Asia Pacific
Douglas Arnershared his views on
Libra’s challenges to world currencies
13 July 2021Chen Lin will present Financial Volatility and Digital Finance at the HKU-SCF FinTech Academy’s Research Seminar Series Details
Giuliano G. Castellano presented Secured Lending: Coordinating Law Reforms and Regulatory Policies at the European Central Bank (ECB) on 23 June 2021. The discussion was based on his research recently published on “Commercial Law Intersections” as well as on his contribution to the activities of the International Finance Corporation (IFC) of the World Bank Group.
Douglas Arner presented at Regulation of AI in the financial sector: crossed perspectives in Asia and Europe on 17 May 2021
Papers and Video are available HERE
Member of the AIIFL Professional Advisory Board and Partner of Dentons Hong Kong, Jeffrey H. Chen, presented a webinar "Anatomy of Structured Products" on 14 October 2020 Watch it HERE
We are seeking to expand our world leading team in the area of FinTech, RegTech and Digital Finance.
Post-Doctoral Fellow in Finance, Technology and Regulation
Applications close: 31 July 2021, HK Time
More details and online application are available HERE
Research Assistant Professor in FinTech / RegTech
Applications close: 30 June 2021, HK Time
and online application are available HERE
The HKU-Standard Chartered Foundation FinTech Academy, with the aim to cultivate interdisciplinary research in FinTech, has established a Research Assistant Professor Scheme.