Risk governance and regulatory practice

On 14 March 2019, the Chair in Regulatory Practice hosted a workshop on risk governance at the Department of Internal affairs.

In regulatory governance and regulatory practice, ‘risk’ is probably one of the topics most talked about and least understood. In this workshop, Professor Jeroen van der Heijden (Chair in Regulatory Practice) explored the foundations of risk as an approach to regulatory governance and practice, and the tools, processes and strategies of contemporary risk governance and risk-based regulation.

The workshop addressed six themes: the evolution of thinking about risk, risk governance and risk-based regulation, examples of risk governance in a regulatory environment and risk-based regulation, evidence-based risk governance in a regulatory environment and risk-based regulation, experiments to understand the working of risk governance in a regulatory environment and risk-based regulation, ethical challenges, and epistemic challenges.

On 10 December 2018, G-REG in collaboration with ANZSOG and the Chair in Regulatory Practice hosted a workshop on Intrusive Regulation and Cultural Change led by Prof Femke de Vries. Femke de Vries is a professor by special appointment in Supervision at the University of Groningen. She has worked in financial supervision for 15 years and was one of the architects of the re-designed financial supervision of DNB (the Dutch Central Bank and Prudential supervisor) after the financial crisis. Between 2015–2018, Prof de Vries was a member of the Executive Board of the Authority for Financial Markets, the regulator of business conduct in the Netherlands. A brief summary of the workshop is available on the From the Regulatory Frontlines blog: Intrusive regulation and cultural change workshop.