Academic Staff

 

Laurie Adams has 25 years of experience as a lawyer in the banking and financial services sector. Most recently, he headed ABN AMRO's investment banking legal and compliance functions for four years, where he had responsibility for 300 staff across 37 countries. He was awarded Global Internal Counsel of the Year by Legal Business in 2003. Prior to that, he established the European general counsel role for Citigroup, leading the combined Citibank, Salomon Smith Barney and Schroders legal department, where he worked for 10 years. For the five previous years, he established the Lehman Brothers International European legal and compliance functions. He originally trained and practised with Allen & Overy. He is a qualified CEDR  mediator. He is a non-executive director of Northern Rock Bank, Novae Group PLC and Parex Bank (as nominee for the European Bank for Reconstruction and Development).

 

Professor Julia Black joined the Law Department at the London School of Economics  in 1994. She completed her first degree in Jurisprudence and her DPhil at Oxford University. Her primary research interest is regulation. In 2001-2 she received a British Academy/Leverhulme Trust Senior Research Fellowship to develop her work on regulation, and in 2007-8 was a Visiting Fellow at All Souls College, Oxford. She has written extensively in the area of regulation, and also advised policy makers, consumer bodies and regulators on issues of institutional design and regulatory policy. She is also a research associate of the ESRC Centre for the Analysis of Risk and Regulation (CARR), based at LSE.

 

Dr Carsten Gerner-Beuerle joined the LSE as a Lecturer in Corporate Law in September 2009. Before coming to LSE he worked as the German Academic Exchange Service Lecturer at King’s College London and as a researcher at Humboldt University Berlin. Carsten studied law and economics at Humboldt University Berlin, the University of Minnesota in Minneapolis, the University of California at Berkeley and the University of London. He holds degrees in law and economics from Humboldt University, the University of Minnesota and the University of London. He is also admitted to the bar in Germany.

 

Charles Goodhart, CBE, FBA is a member of the Financial Markets Group at the London School of Economics, having previously, 1987-2005, been its Deputy Director.  Until his retirement in 2002, he had been the Norman Sosnow Professor of Banking and Finance at LSE since 1985.  Before then, he had worked at the Bank of England for seventeen years as a monetary adviser, becoming a Chief Adviser in 1980.  In 1997 he was appointed one of the outside independent members of the Bank of England's new Monetary Policy Committee until May 2000.  Earlier he had taught at Cambridge and LSE.  Besides numerous articles, he has written a couple of books on monetary history; a graduate monetary textbook, Money, Information and Uncertainty (2nd Ed. 1989); two collections of papers on monetary policy, Monetary Theory and Practice (1984) and The Central Bank and The Financial System (1995); and a number of books and articles on Financial Stability, on which subject he was Adviser to the Governor of the Bank of England, 2002-2004, and numerous other studies relating to financial markets and to monetary policy and history.  In his spare time he is a sheep farmer (loss-making).

 

David Kershaw is a Professor of Law at the London School of Economics. He joined the LSE in 2006. Prior to joining the LSE he was a Lecturer in Law at the University of Warwick between 2003-2006. He is admitted to the New York Bar and is a qualified UK solicitor. Prior to his academic career, he qualified as a Solicitor at Herbert Smith, London and practised corporate law in the Mergers & Acquisitions Group of Shearman & Sterling in New York and London. He holds a LLM and a doctorate from the Harvard Law School and a LLB from the University of Warwick. His primary areas of research are corporate law, takeover law and accounting regulation. His most recent book, Company Law in Context, was published by Oxford University Press in 2009.

 

Roger McCormick is a Visiting Professor at the London School of Economics and Political Science, where he is also the Co-Director of its Sustainable Finance Project. Roger retired from full-time private legal practice in 2004, having practised law in the City of London for nearly thirty years. The second edition of his book, “Legal Risk in the Financial Markets” was published by Oxford University Press in December 2010. This is the topic of an LLM course that he teaches at LSE (together with a course on Project Finance and PPPs). Roger is a past co-chairman of the IBA’s Banking Law Committee and recently contributed the UK chapter to the IBA’s Task Force Report on the Financial Crisis (October 2010). He was the founder, and General Editor, of Law and Financial Markets Review (Hart), retiring as General Editor, after four years, in December 2010. Roger works as a consultant from time to time and is frequently asked to act as an expert witness or as an arbitrator. He has acted as an expert witness in connection with court proceedings in the UK and also New Zealand. He is currently acting as an arbitrator in connection with a number of disputes that are subject to the London Court of International Arbitration. He also recently advised the Guernsey Financial Services Commission on various aspects of legal risk management and the preparation of a Guidance Note on that topic. Roger’s charity work includes acting as Chairman of Save The Children Cricket.

 

Professor Niamh Moloney  joined the Law Department in January 2009. Previously she was Professor of Capital Markets Law at the University of Nottingham and Reader in Law at Queen's University Belfast and held lectureships at the University of Nottingham and University College London. She is a graduate of Trinity College Dublin (LLB) and Harvard Law School (LLM). Her primary research interests are EC financial services law (she is the author of the first book on the EC's regulation of financial markets, EC Securities Regulation (Oxford University Press, second edition, 2008)) and retail investor protection. She is also a Research Associate of the European Corporate Governance Institute.

 

Dr Philipp Paech joined the Law Department in October 2010 after being a Senior Research Fellow at the Institute for Law and Finance, Frankfurt, and a National Expert at the European Commission since January 2007. He is member of the Frankfurt bar and Visiting Associate Professor at Tokyo University. He is specialising in the field of financial markets law and infrastructure issues. He was secretary of the EU Clearing and Settlement Legal Certainty Group of the European Commission and Chairman of the G30 clearing and settlement legal committee. Previously, he was a member of the UNIDROIT Secretariat in Rome and co-ordinated work on what is today the Geneva Securities Convention.

 

Michael Power is Professor of Accounting and Research Theme Director of the ESRC Centre for the Analysis of Risk and Regulation (CARR) at the London School of Economics, where he has worked since 1987.  He is a Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW) and an Associate member of the UK Chartered Institute of Taxation.   He is a member of the risk management committee of the London School of Economics and, since May 2005, is a non-executive Director of St James’s Place plc where he is chair of the Risk Committee.  In 2009 he was awarded and honorary doctorate in Economics by the University of St Gallen, Switzerland.

 

Deborah A. Sabalot has advised a wide range of financial sector clients on UK and international banking and financial services regulatory and compliance issues. She was a co-opted member of the Securities and Futures Authority's Conduct of Business Sub-Committee from 1992 to 2001 and she is currently an adviser to the Electronic Money Association, a trade association representing the members of the e-money industry.

Deborah is also the consultant editor of the Butterworth’s Financial Services Law Handbook, the eighth edition of which has been published in 2007 and she has contributed many articles and has spoken at a wide range of conferences in London and abroad. She advised Lords Sharman and Newby in relation to the passage of the Financial Services and Markets Act 2000 in the House of Lords. Deborah has served as a member of the Financial Services Authority's Working Party on Client Money and Assets and she has contributed to working groups of the Financial Markets Law Committee and its predecessor, the Financial Law Panel.

Deborah A. Sabalot Regulatory Consulting was founded in March 2005 to undertake independent legal and regulatory services. Prior to that, Deborah Sabalot was a partner of PwC Legal, the associated law firm of PricewaterhouseCoopers from 2002 to 2005. Previously she had held an “of counsel” role at Lovells from 2000 to 2002. Deborah was Director of Regulatory Services at KPMG from 1995 and was a senior lawyer in Clifford Chance's Financial Services Group from 1988 to 1995.

 

Roel Theissen worked at De Nederlandsche Bank (the Dutch central bank and prudential supervisor) as an advisor on supervision issues from 1997 until end 2008. He has been involved in various policy folders, such as cross sector cooperation, market access for non-licensed institutions and for banks, enforceability of prudential regulation, and securitisations. He was secretary to the Council of Financial Supervisors (cross sector council in NL, prior to the introduction of the current twin peaks model). While at DNB, he has been on several secondments; most recently from 2004 to 2007 to the Committee of European Banking Supervisors (CEBS) based in London. At CEBS, he was amongst others the secretary to the Groupe de Contact and liaised with the other level 3 committees (CEIOPS and CESR). He was involved in folders such as consultation practices, internal governance, and supervisory cooperation and information exchange.

After returning to DNB from his secondment to London, he chaired the CEBS working group on CRD national discretions, and was involved in several other Dutch, EU and worldwide folders such as the Basel committee, capital transferability, the EU interim working group on financial conglomerates, and covered bonds. 

Prior to working in banking supervision, he worked as a lawyer (company law) at De Brauw Blackstone Westbroek, and part time as a University teacher commercial law at Rijksuniversiteit Leiden.

Since 2009 he is a part time senior lecturer in banking and securities law at the Erasmus University Rotterdam, a guest lecturer in financial market regulation at the London School of Economics, and an advisor on banking supervision. He is writing a book on EU banking supervision.