The first Visiting Professor of Practice has taken up his role at the Institute of Advanced Legal Studies (IALS) on October 1. Barnaby Hone will strengthen the connection between IALS and legal practice, particularly in the work of the Centre for Financial Law, Regulation and Compliance (FinReg).
The position of Visiting Professor of Practice is a new one at IALS, and is filled by invitation for a fixed term of one year. Appointment is made on the basis of professional standing; contribution to IALS; and demonstrated interest in promoting the importance of links between academic scholarship and legal practice and policymaking.
The inaugural Visiting Professor of Practice, Barnaby Hone, has a wealth of experience in international asset recovery, white collar crime, and financial regulation. He is recognised in these areas in the Legal500 and Chambers and Partners. His practice has encompassed work throughout Europe, Africa, the Caribbean, the Americas, and Asia, including providing advice to countries such as Kosovo and BVI on developing or improving their asset recovery legislation. He is a contributor to the leading practitioner guide on asset recovery: Millington and Sutherland Williams on the Proceeds of Crime Act (Oxford University Press, 5th ed, 2018). He also sits as a Fee Paid Tribunal Judge, presiding over Immigration and Asylum matters.
Upon his appointment being confirmed, Barnaby stated:
“I am honoured to be appointed as the first Visiting Professor of Practice, and look forward to building closer links between academics and practitioners.”
Commenting on the appointment, the Director of IALS, Professor Carl Stychin, said:
“I am delighted with the appointment of Barnaby Hone as the inaugural Visiting Professor of Practice at IALS. Barnaby brings an enormous range of skills and expertise to the Centre for Financial Law, Regulation and Compliance, and to the Institute more widely. His contribution will be invaluable and we all look forward to welcoming him. Barnaby's appointment underscores - and enhances - the important role of IALS at the intersection of legal academia and practice”.
FinReg was established in 2020, with the purpose of promoting knowledge and understanding of financial law/regulation/compliance, broadly construed. The ultimate objective of the Centre is to develop a reputation for research excellence across financial law, regulation and governance, as well as acting as a hub for the promotion and facilitation of research – both nationally and internationally – across these areas.
IALS has a long history and reputation for excellence in financial law-related research. That research reputation is reflected in the array of current and previous doctoral researchers in this area: recent graduates have successfully completed theses on, for example, financial compliance; tax avoidance; financial market regulation; international anti-money laundering regimes; anti-corruption in the private sector; alternative dispute resolution; securities regulation; and banking law, to name but a few examples.
Expertise within IALS (both staff and PGRs) is complemented by a number of leading experts in financial law-related research areas amongst the IALS Associate Research Fellows. Further, a number of Visiting Fellows come to IALS each year to develop international, comparative research in the field.
The founding director of the Centre is Dr Colin King.