Helen Dervan and co-author Simon Jensen (Buddle Findlay) have been awarded the Australasian Banking and Financial Services Law Association (BFSLA) Research Essay Prize 2020. This award adds to the trophy cabinet for Helen and Simon, who won the Rex Mason Prize in 2018 for their research on deposit insurance.

The winning essay argues that the government’s decision to use a governance board for all Reserve Bank decision-making will not provide the best structure for prudential regulatory decision-making. The authors posit the alternative where a specialist statutory committee should be established for prudential regulation.

The Banking and Financial Services Law Association is a Trans-Tasman organisation which aims is to provide thought leadership on issues relevant to its members through connecting with some of the world’s leading practitioners, academics, regulators and members of the judiciary.