Dr Vicky Comino

Senior Lecturer

School of Law
Faculty of Business, Economics and Law
v.comino@law.uq.edu.au
+61 7 336 52549
0407 156 829

Overview

Dr Vicky Comino is a Senior Lecturer at the TC Beirne School of Law at The University of Queensland. Dr Comino's main research area is corporate law, and in particular the regulation of corporate misconduct. Before commencing an academic career, she practised as a solicitor working at a top tier law firm in the fields of corporate law, leasing, commercial and residential conveyancing, strata development, securities and opinion work. Over the years, Dr Comino has worked voluntarily for Legal Aid, South Brisbane Immigration & Community Legal Service, Women's Equal Opportunity (WEO) and Justice and the Law Society (JATL) (UQ). She has also served on numerous committees, most recently as the chair of a major Queensland Law Society accreditation committee for the accreditation of lawyers as Business Law Specialists and is on the executive of the Australian Corporate Law Teachers' Association, whose 'community' of corporate law scholars meets at least once a year in a highly regarded conference. Dr Comino's recent articles have addressed important topics in the corporations law area, particularly the difficulties facing the use of civil penalties by calling for Parliament to pass legislation to resolve procedural obstacles and the adequacy of ASIC's 'tool-kit' to deal with corporate and financial wrongdoing, including the deployment of 'new' enforcement tools, such as enforceable undertakings. Her 2015 monograph Australia's "Company Law Watchdog" ASIC and Corporate Regulation, which focuses on exploring how, and to what extent, a public authority like ASIC can achieve more effective regulation certainly comes at a time when ASIC's performance is under the microscope. This is in view of its mixed record of success in some highly publicised cases and a string of high profile scandals that engulfed the major Australian banks, prompting not only a number of parliamentary inquiries into ASIC's performance and capabilities, but the establishment of the Hayne Royal Commission into the banking sector. Her book also consolidates her position as a leading Australian researcher on corporate regulation. Dr Comino's research has global relevance and she has extended her work beyond Australia to evaluate international developments, especially in the US and the UK. She is examining the different responses of regulators to the dilemmas presented by policing corporate and securities violations in the aftermath of, and since, the GFC to try to resolve the issue of how policy-makers and regulators should deal with corporate wrongdoing more effectively in the future. She also travelled to the UK in 2018 after being awarded a Liberty Fellowship from the University of Leeds to undertake collaborative work comparing corporate regulation there and in Australia. Dr Comino holds the degrees of BA, LLB (Hons), LLM and PhD (UQ).

Research Interests

  • Corporate law
  • Directors duties
  • Regulation of corporate misconduct and corporate crime

Research Impacts

With the Hayne Banking Royal Commission turning the spotlight on systemic and extensive misconduct by banks encouraged and enabled by poor culture, my current research explores the extent to which corporate culture can be used as a regulatory tool. In particular, it will analyse measures that seek to drive cultural change in organisations. These include the embedding of ASIC supervisors in the major Australian banks, BEAR and the increasing use of ‘new’ tools, such as enforceable undertakings, which are being deployed in Australia and deferred prosecution agreements, which are used in the US and UK. In addition to developing recommendations for Australia, by evaluating developments overseas, the research has global significance in seeking policy solutions on how we can deal with corporate misconduct more effectively.

Dr Vicky Comino's research cited in the Hayne Royal Commission final report on banking http://classic.austlii.edu.au/au/journals/UNSWLawJl/2014/7.html and http://classic.austlii.edu.au/au/journals/UQLRS/2009/3.html

Qualifications

  • Doctor of Philosophy, The University of Queensland
  • Master of Laws, The University of Queensland
  • Bachelor of Laws (Honours), The University of Queensland
  • Bachelor of Arts, The University of Queensland

Publications

View all Publications

Supervision

  • Doctor Philosophy

View all Supervision

Available Projects

  • Critically examine developments and specific issues associated with corporate regulation and governance in Australia and abroad.

    Potential topics could include:

    • Comparative work with other jurisdictions: comparing Australia with, eg, the US, UK and EU, particularly the role of public enforcement of breaches of directors' duties.
    • Theories of regulation and the future of regulation.
    • The impact of the seemingly ever-expanding mandate of the Australian Securities and Investments Commission (ASIC) coupled with growth in the range and complexity of the financial products it has to regulate on ASIC's ability to be an effective regulator.

    Dr Vicky Comino is a leading scholar on corporate regulation in Australia. She has published widely in this area. Her own PhD (2011) explored how, and to what extent, ASIC in its original and primary role as corporate regulator can achieve more effective regulation of the corporations legislation.

    For further information contact Dr Vicky Comino, e: v.comino@law.uq.edu.au

View all Available Projects

Publications

Featured Publications

Book

Journal Article

Conference Publication

Other Outputs

PhD and MPhil Supervision

Current Supervision

  • Doctor Philosophy — Associate Advisor

Possible Research Projects

Note for students: The possible research projects listed on this page may not be comprehensive or up to date. Always feel free to contact the staff for more information, and also with your own research ideas.

  • Critically examine developments and specific issues associated with corporate regulation and governance in Australia and abroad.

    Potential topics could include:

    • Comparative work with other jurisdictions: comparing Australia with, eg, the US, UK and EU, particularly the role of public enforcement of breaches of directors' duties.
    • Theories of regulation and the future of regulation.
    • The impact of the seemingly ever-expanding mandate of the Australian Securities and Investments Commission (ASIC) coupled with growth in the range and complexity of the financial products it has to regulate on ASIC's ability to be an effective regulator.

    Dr Vicky Comino is a leading scholar on corporate regulation in Australia. She has published widely in this area. Her own PhD (2011) explored how, and to what extent, ASIC in its original and primary role as corporate regulator can achieve more effective regulation of the corporations legislation.

    For further information contact Dr Vicky Comino, e: v.comino@law.uq.edu.au