Organisation

Centre for International Finance and Regulation

Owning Institution:

University of New South Wales

Macquarie University

University of Technology Sydney

Government of Australia

Government of New South Wales

University of Sydney

University of Melbourne

Australian National University

The Centre for International Finance and Regulation (CIFR) was a Centre of Excellence operating from 2011 to 2016 to address fundamental issues affecting the Australian financial industry. CIFR’s mission was to promote financial sector vibrancy, resilience and integrity, supporting Australia as a regional financial centre through leading research and education on systemic risk, market and regulatory performance and financial market developments. CIFR funded 71 research projects, involving well over 100 researchers from domestic and international universities.

For Australia’s financial industry, CIFR provided a strategic link between academia, policy-makers, regulators and other industry participants. Now closed, the Centre's output of 148 papers are all available at this publisher page.

Working paper

MySuper: A Stage in an Evolutionary Process

31 Dec 2014

Centre for International Finance and Regulation

We interview Australian fund executives about how their organisations responded to MySuper, a regulatory framework for default retirement savings funds that providers were required to have in place by the beginning of 2014. In addition to providing an account of the influences on product design and how MySuper was perceived by the industry, we discuss...

Submission

Boosting the commercial returns from research - Submission

15 Dec 2014

Centre for International Finance and Regulation

The Government has invited submissions on its Consultation Paper about how it might best achieve improved outcomes from its public investment in research activities. The Centre for International Finance and Regulation (CIFR) is funded by the Commonwealth Treasury and the NSW Government and it serves the national interest by providing independent research and promoting financial...

Submission

Centre for International Finance and Regulation submission to Competition Policy Review

17 Nov 2014

Centre for International Finance and Regulation

CIFR is in a position to draw on its capabilities and network to provide independent and objective research and public policy contributions. In this short submission Dr Rob Nicholls addresses certain aspects of the Interim Report with observations and views supported by output from CIFR-funded research.

Working paper

Benefits (and pitfalls) of long-term investing

31 Oct 2014

Geoffrey J. Warren

Centre for International Finance and Regulation

Three key advantages held by long-term investors include: the capacity to adopt positions where payoff timing is uncertain; the ability to exploit opportunities generated by the actions of short-term investors; and latitude to invest in unlisted and/or illiquid assets. These advantages provide access to a broader investment opportunity set than available to short-term investors. Strategies...

Working paper

The Diversification Delta: A different perspective

31 Oct 2014

Centre for International Finance and Regulation

Vermorken et al. (2012) introduce a new measure of diversication, the Diversication Delta based on the empirical entropy. The entropy as a measure of uncertainty has successfully been used in several frameworks and takes into account the uncertainty related to the entire statistical distribution and not just the rst two moments of a distribution. However...