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A financial markets and financial systems law expert at global law firm King & Wood Mallesons has been appointed as a part-time member of the Payments System Board (PSB).
Scott Farrell, who brings over 20 years of experience in financial markets and financial systems law as a partner at KWM, has been appointed to the PSB – which has responsibility for determining the Reserve Bank of Australia’s payments system policy – for a five-year period by the Morrison government.
He also currently sits on the board of Industry, Innovation and Science Australia and is a member of the government’s Ministerial Advisory Council on Free Trade Agreements.
“The appointment of Mr Farrell maintains the high level of skills and experience on the PSB Board,” Treasurer Frydenberg said.
Jerome Doraisamy is the managing editor of Lawyers Weekly and HR Leader. He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.
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