- Dimity Kingsford Smith
Dimity Kingsford Smith
BA (Sydney) LLB (Sydney) LLM (LSE, London)
In July 2016, Professor Kingsford Smith was appointed the Director of the Centre for Law, Markets and Regulation, a research centre at UNSW Law.
Professor Kingsford Smith teaches in the areas of corporations law and regulation of securities and financial products in the undergraduate degree. She teaches master of laws courses on corporate governance and has in the past taught on the regulation of online investing in the master’s degree. She supervises PhD candidates on a wide range of corporate and financial regulatory topics. At the moment, these range from development of a vibrant Australian bond market, through challenges to ethical professionalism in corporate settings, to securitisation to raise film financing. She is also interested in corporations and securities regulation in developing economies and has supervised several theses with development as a theme. In this vein she is currently supervising a candidate researching Chinese SOEs and foreign investment.
Professor Kingsford Smith’s own research and publication is in the areas of corporate and financial regulation and regulatory theory and policy. She is currently first chief investigator in an Australian Research Council Linkage grant investigating professions as a regulatory strategy in the 21st century. She is also chief investigator in a grant investigating the effectiveness of financial advice using an international comparative approach. She has recently completed an ARC Discovery grant on online investing regulation. Over the last few years the policy environment of consumer finance post-GFC has been Prof Kingsford Smith’s focus: she has published on the limits of financial consumer decision-making using the insights of behaviouralism and financial literacy. She has also published on the philosophy of fairness in financial markets and political obligation as well as a critical appreciation of ‘responsive regulation’ in financial services.
Professor Kingsford Smith joined UNSW Law in January 2005. She was professor and Director of the Centre for Law in the Digital Economy at Monash Law from 2001-2004. She previously held appointments at the University of Sydney (1990-2000) and in the UK at University College London (1986-1989) and University of Warwick (1985-1986). She was a visitor at the London School of Economics and Political Science Law Department in 1999. Likewise she was a visitor at the University of British Columbia in 2012.
Professor Kingsford Smith has served on the Executive Committee of the Australian Corporate Law Teachers Association and is a member of the Australian Society of Legal Philosophy and the Julius Stone Institute. She is a member of both the US and the Canadian Law and Society Associations.
Professor Kingsford Smith has also served on a variety of policy-making, professional and regulatory bodies. She is presently a member of the External Advisory Panel of the Australian Securities and Investments Commission. Since 2011 she has been a member of the Code Committee of the New Zealand Financial Markets Authority. From 2007-2014 she was the inaugural independent Chair of the Conduct Review Commission, a professional disciplinary panel in the financial services industry. In the development of the Future of Financial Advice program she served on a taskforce considering the establishment of a professional standards body for financial advisers, and reforms to their education and professional formation. She has advised the Australian Securities and Investments Commission and the Canadian Investment Dealers Association. Professor Kingsford Smith was a member of the legal committee of the Australian Institute of Company Directors and the Law Society of NSW, and contributed to the Wallis Inquiry submission of the latter in 1996.
Professor Kingsford Smith has been active in the policy debates about the Performance of the Australian Securities and Investments Commission (2013-2014) and the Australian Financial System in the recent Murray Inquiry (2014). She made written and oral submissions and gave evidence at Parliamentary hearings. Her written submissions may be accessed here:
Senate Inquiry into Performance of ASIC:
Financial System Inquiry first round submission:
Financial System Inquiry second round submission:
Areas of expertise
Regulation of securities and financial products and services, Theories of regulation, Regulation of online investing, Corporate governance, Globalisation
- Business Associations (LAWS1091)
- Securities and Financial Services Regulation (LAWS3141)
- Regulation of Online Investing (LAWS8088)
- Corporate Governance (LAWS8028)
20 October 2016
4 April 2016
14 February 2014