News and events

Stay up to date with news and upcoming events for the Chair in Regulatory Practice at Victoria University of Wellington.

The Chair in Regulatory Practice works both independently and alongside partner organisations to hold public lectures, seminars and conferences on relevant themes.

News and Past events

The nature and future of Regulatory Stewardship

On 1 May 2019, the Chair in Regulatory Practice hosted a workshop on regulatory stewardship with The Treasury. The notion of stewardship is common to legal scholars (e.g., constitutional stewardship), environmental scholars (e.g., environmental stewardship) and management scholars (e.g., stewardship theory). The concept has, however, not had much attention in regulatory scholarship. That said, New Zealand is a world leader in that it has made ‘regulatory stewardship’ a statutory obligation for all government departments. What regulatory stewardship could look like, and how to achieve it is not crystal clear yet. In this workshop, Professor Jeroen van der Heijden (Professor of Public Governance and Chair in Regulatory Practice, School of Government, Victoria University of Wellington) positioned the idea of regulatory stewardship in the history of regulatory governance; drew lessons from the EU Better Regulation Initiative in Europe for the further development of regulatory stewardship in NZ; and argued that, to achieve its full potential, an ethical philosophy for organisations and individuals working in regulation should be added to the current systems thinking of regulatory stewardship in NZ.

4,000 years of regulatory theory and practice: Exploring the main paradigm shifts in regulation

In April 2019, the Chair in Regulatory Practice gave two public lectures on the history of regulatory theory and practice (11 April 2019: Accounting and Regulation Conference 2019; 16 April: Federal Aviation Administration/Asia–Pacific Bilateral Partners Dialogue Meeting 2019). For long, regulatory governance was considered a task for governments that had to be carried out following a strict command-and-control approach. This ‘blueprint’ has guided the design and implementation of regulatory regimes since, at least, King Hammurabi ruled in ancient Egypt around 1750 BC. However, in the second half of the 20th century our thinking of what constitutes effective regulatory regimes has rapidly changed. In this lecture Prof Jeroen van der Heijden, touched on the key paradigm shifts in our thinking of what regulation is and what it can be. These include: compliance-based regulation, regulatory intermediaries, responsive regulation, risk-based regulation, and behavioural insights informed regulation.

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, Victoria University of Wellington, New Zealand) 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: (1) the evolution of thinking about risk, risk governance and risk-based regulation, (2) examples of risk governance in a regulatory environment and risk-based regulation, (3) evidence-based risk governance in a regulatory environment and risk-based regulation, (4) experiments to understand the working of risk governance in a regulatory environment and risk-based regulation, (5) ethical challenges, and (6) 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.

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