CURRENT LEGAL PROBLEMS LECTURE SERIES 2012-13

Turning Institutional Investors into
"Stewards" - Exploring the Meaning and
Objectives in "Stewardship" 

by

Dr Iris Chiu
UCL Faculty of Laws

on Thursday 6 December 2012, from 6-7pm

Venue:
UCL Law Faculty
Bentham House, Endsleigh Gardens
London WC1H 0EG

Accredited with 1 CPD hour by the
Solicitors Regulation Authority and the Bar Standards Board (Pending)

About this lecture:

This lecture focuses on the role of the institutional investment industry. Post the global financial crisis of 2008/9, there is general public demand for greater responsibility and accountability on the part of the financial services industry. With respect to the institutional investment industry, they are asked to behave as "stewards" in accordance with the UK Stewardship Code 2010. The lecture argues that “stewardship” is a concept that moves beyond the private nature of investment management and corporate governance, into a role of “governance” generally, infused with concerns for public interest and taking on a social dimension. The lecture will examine the interface between the private legal frameworks of trust and corporate governance and the public interest notions in "stewardship" and argue that "Stewardship" will not meet the needs of the public interest concerns that have given rise to this reform.

About the speaker: 

Iris Chiu joined the Faculty of Law in September 2009. She previously taught at the School of Law, King's College London and the University of Leicester. She was a legislative draftsman and State Counsel at the Attorney-General's Chambers in Singapore prior to joining academia. She read law at the National University of Singapore and the University of Cambridge. She completed her doctorate at the University of Leicester.