About me

Philipp Paech is an Associate Professor of Law at LSE and has been an educator, researcher, and policy consultant specialising in the regulation and law of financial services for over 20 years. Since 2017, he has focused on the regulation of Digital Finance. He served as the chair of the EU Commission expert group on FinTech (‘ROFIEG’), and the group's recommendations became a foundational document for the EU Digital Finance Strategy.

Philipp teaches and conducts research at the London School of Economics and Political Science, where his educational portfolio includes master's courses in International Financial Regulation and International Financial Law. He also convenes five different executive master courses, covering the law and policy of financial markets, including digital financial services. He convenes and co-teaches a very popular co-curricular Digital Finance Course for all Masters and Bachelor students at LSE Law School.

Philipp has been appointed a Distinguished Global Professor of Law at Notre Dame University and a Visiting Professor at the Institute for Law and Finance of Frankfurt University. He previously held visiting appointments at the European University Institute (EUI) in Florence, Bocconi University in Milan, and Tokyo University. He is an attorney-at-law in Frankfurt and an accredited mediator in the UK. He consults for institutional clients in the EU and the UK. His former clients include the UK Foreign and Commonwealth Office, Banco Santander, BVBA, the European Parliament, the European Commission, and the European Central Bank.

Administrative support: Law.Reception@lse.ac.uk

'New Regulations or Novel Regulation for Crypto-assets and DeFi? - The Folly of Hybrid Laws' SSRN
'The Governance of Blockchain Financial Networks' Modern Law Review (2017) 80 (6) pp.1073-1110
'Repo and Derivatives Portfolios Between Insolvency Law and Regulation' Law, Society and Economic Working Paper Series 13/2017
'The Governance of Blockchain Financial Networks' Law, Society and Economic Working Paper Series 16/2017
'Securities, intermediation and the blockchain - an inevitable choice between liquidity and legal certainty?' Uniform Law Review (2016) 21 (4) pp.612-639
'The Value of Financial Market Insolvency Safe Harbours' Oxford Journal of Legal Studies (2016) 36 (4) pp.855-884
'The Value of Insolvency Safe Harbours' LSE Law Society and Economy Working Paper Series, 09-2015. Forthcoming in the Oxford Journal of Legal Studies 1-2016
'Securities, intermediation and the blockchain - an inevitable choice between liquidity and legal certainty?' LSE Law and Economy Working Paper Series 20/2015
'Close-Out Netting, Insolvency Law and Conflict-of-Laws' Journal of Corporate Law Studies 14 (2) (2014) pp.419-452
'Shadow Banking – legal issues regarding collateral and insolvency law' Briefing for the European Parliament’s ECON Committee (2013)
‘Study on Directors’ Duties and Liability in Europe’ (2013), prepared for the European Commission (with Carsten Gerner-Beuerle and Edmund-Philipp Schuster)
Enforceability of Close-out Netting: Draft UNIDROIT Principles to Set New International Benchmark, by Philipp Paech. (2013) 1 JIBFL 13, Butterworths Journal of International Banking and Financial Law, January 2013, pp 13-19
'Market Needs as Paradigm: Breaking Up the Thinking on EU Securities Law' by Philipp Paech. Law Society and Economy Working Paper Series, WPS 11-2012 October 2012 (published in Thévenoz, Conac and Segna, Intermediated Securities, Cambridge University Press, 2013)
'Draft Principles and Commentary regarding the Enforceability of Close-out Netting Provisions' UNIDROIT 2012 Study 78C – Doc. 13 (April 2012).
Kanda/Thévenoz/Beraud, Official Commentary on the Geneva Securities Convention on Substantive Rules for Intermediated Securities, Oxford University Press (2012); Initial author of Article 1(b), Article 1(c), Article 1(d), Article 1(n) with K. Löber, Article 1(o) with K. Löber, Article 5, Article 6, Article 22, Article 27 with K. Löber.
Cross-border issues of securities law: European efforts to support securities markets with a coherent legal framework (Briefing for the ECON Committee of the European Parliament)
'The need for an international instrument on the enforceability of close-out netting in general and in the context of bank resolution' UNIDROIT 2011 Study 78C – Doc. 2.
'A first tentative structure for Principles regarding the enforceability of netting agreements' UNIDROIT 2011 – Study 78C – Doc. 3
'Netting, Finanzmarktstabilität und Bankenrestrukturierung', WM Zeitschrift für Wirtschafts- und Bankrecht 64(2010) 1965-1971
'Systemic risk, regulatory powers and insolvency law – the need for an international private law framework for netting' Institute for Law and Finance Working Paper, Series No. 116, Frankfurt, March 2010
'Post trading of securities: the European response to legal barriers' Journal of International Banking and Financial law, 4/2009, 211-214 (with K. Löber)
Solutions to legal barriers related to post-trading within the EU (Second Advice of the EU Clearing and Settlement Legal Certainty Group - LCG), Brussels, August 2008 (co-authored as part of professional assignments)
'Interconnecting Law of Securities Holding and Transfer' Journal of International Banking and Financial Law, 1/2007, p. 9-15, with K. Löber.
'EU Post Trading, the 'Barriers' and Harmonisation of Law' Euredia, Brussels 2006, p. 279-307
'Enhancing Legal Certainty over Investment Securities' (special editor of the volume, as part of professional assignments), Uniform Law Review special issue No. 1/2 2005, 295 p., Rome 2005
'Global Capital Markets and the law of intermediated investment securities', inKodificácia, Europpeizácia a harmonizácia súkromného Práva, Iura Edition, Bratislava 2005
'Grenzüberschreitende Wertpapierverfügungen', Wertpapiermitteilungen (WM) 2005, pp. 1101-1108

Dr Paech regularly leads research projects, mainly for the public sector, including for the UK’s Foreign and Commonwealth Office and the European Commission.

He was the chairman of the EU Commission’s ROFIEG expert group on the future of regulating Fintech.

Dr Paech’s research relates the antagonistic relationship between risk and liquidity, concentrating on legal risk management on the basis of legal devices within financial institutions, and on the international compatibility of legal and regulatory regimes.

Since 2016 he concentrates on the global regulatory framework for Digital Financial Services and the regulation of crypto-assets.

LL406E Regulation of Financial Markets I

LL407E Regulation of Financial Markets II

LL410E International Financial Law and Practice I

LL411E International Financial Law and Practice II

LL4BF International Financial Regulation

LL4H4 International Financial Law

LL4L1 The Theory and Practice of Alternative Commercial Dispute Resolution

LL4L7 Advanced Mediation and Negotiation