Journal Articles

The Governance of Blockchain Financial Networks, 14,900 words, The Modern Law Review, forthcoming (2017), first published online as working paper on SSRN (abstract 2875487) on 24 November 2016

Securities, Intermediation and the Blockchain – An Inevitable Choice between Liquidity and Legal Certainty? (2016) Uniform Law Review 21(4), 612-639; 12,900 words, first published online as LSE Law Society Economy working paper on SSRN (abstract 2697718) on 1 December 2015

The Value of Insolvency Safe Harbours (2016) The Oxford Journal of Legal Studies 36(4), 855-884; 15,500 words, advance access published on 7 January 2016; first published online as LSE Law Society Economy working paper on SSRN (abstract 2697718) on 15 March 2015

Conflict of Laws, Close-out Netting and Insolvency (2014) 14 Journal of Corporate Law Studies, 419-452; 12,000 words, first published online as LSE Law Society Economy working paper on SSRN (abstract 2414400) on 25 March 2014

The Enforceability of Close-out Netting: draft UNIDROIT Principles to set new Benchmark (2013) Journal of International Banking and Financial Law 28(1) 13-19; 5,700 words, first published online as working paper on SSRN (abstract 2216682) on 15 February 2013

Colin Bamford: Principles of International Financial Law – book review (2012) Banking and Financial Law Review 27(4) 747-751,

Netting, Finanzmarktstabilität und Bankenrestrukturierung (2010) WM Zeitschrift für Wirtschafts- und Bankrecht 64(42) 1965-1971, 4,300 words

Post Trading of Securities: The European Response to Barriers (2009) Journal of International Banking and Financial law (24)4 211-214, with K. Löber

Interconnecting Law of Securities Holding and Transfer (2007) Journal of International Banking and Financial Law 22(1) 9-15, with K. Löber

EU Post Trading, the ‘Barriers’ and Harmonisation of Law (2006) Euredia 19(3-4), 279-307

Harmonising Substantive Rules for the Use of Securities held with Intermediaries as Collateral (2002) Uniform Law Review 7(4) 1140-1161

Grenzüberschreitende Wertpapierverfügungen (2005) WM Zeitschrift für Wirtschafts- und Bankrecht 59(24) 1101-1108

Grenzüberschreitende Wertpapiertransaktionen (2003) Die Bank 616-621

 

Online publications

Integrating Global Blockchain Securities Settlement with the Law – Policy Considerations and Draft Principles, working paper (5,700 words) published online on SSRN (abstract 2792639) on 9 June 2016

Cross-border Bank Resolution and Close-out Netting, working paper (17,200 words), published online on SSRN (abstract 2464460) on 24 July 2014

Intermediated Securities and Conflict of Laws, working paper (3,200 words), published online on SSRN (abstract 2451030) on 16 June 2014

Netting and Resolution Powers – Global Problems, Local Solutions? LSE Law and Financial Markets Project Policy Briefing (3700 words), published online by LSE on 12 May 2011 at lse.ac.uk/collections/law/projects/lfm/P%20Paech,%20Netting%20and%20resolution%20powers%20-%20Conference%20Paper.pdf

Systemic Risk, Regulatory Powers and Insolvency Law, Institute for Law and Finance Working Paper Series No. 116 (14,000 words), published online by the University of Frankfurt in March 2010 at http://www.ilf-frankfurt.de/fileadmin/_migrated/ content_uploads/ILF_WP_116.pdf

 

Governmental and International Research Projects & Studies

Shadow banking – Legal issues of collateral assets and insolvency law (2013); research project funded by the ECON Committee of the European Parliament; study (46 pages) published online by the European Parliament at europarl.europa.eu/RegData/etudes/note/join/2013/507460/IPOL-ECON_NT(2013)507460_EN.pdf

Directors’ Duties and Liability (2011-2013); project leader, with C. Gerner-Beuerle and E. Schuster and the participation of researchers and reviewers in 28 member states; research project funded by the European Commission; study (1300 pages) published online by the European Commission at http://ec.europa.eu/internal_market/company/docs/board/2013-study-analysis_en.pdf

The need for an international instrument on the enforceability of close-out netting in general and in the context of bank resolution (2011); and A First Tentative Structure for Principles regarding the Enforceability of Close-out netting (2011); research project funded  by UNIDROIT; preliminary study (80 pages) and draft principles (4 pages) published online by UNIDROIT at unidroit.org/netting-preparatory-work

Draft Principles on the Operation of Close-out Netting Provisions with Commentary (2012), as ‘rapporteur’ to the UNIDROIT Study Group (26 pages), published online by UNIDROIT at unidroit.org/english/documents/2012/study78c/s-78c-13-e.pdf

Principles of the Operation of Close-out Netting Provisions with Commentary (2013), as ‘rapporteur’ to the UNIDROIT Committee of Governmental Experts, ISBN 88-86449-26-7 also published online by UNIDROIT at unidroit.org/english/principles/netting/netting-principles2013-e.pdf

Cross-border issues of securities law (2011), research project funded by the ECON Committee of the European Parliament; study (38 pages) published online by the European Parliament at europarl.europa.eu/document/activities/cont/201106/20110606ATT20781/20110606ATT20781EN.pdf

Solutions to legal barriers related to post-trading within the EU (2008), research project conducted as secretary to the EU Commission Clearing and Settlement Legal Certainty Group; study (105 pages) published online by the European Commission at http://ec.europa.eu/internal_market/financial-markets/docs/certainty/2ndadvice_final_en.pdf

Transparent Systems (2006), Working paper prepared for the Governmental Conference at UNIDROIT, http://www.unidroit.org/english/documents/2006/study78/s-78-044-e.pdf

Explanatory Notes to the Preliminary Draft Convention on Harmonised Substantive Rules regarding Securities Held with an Intermediary – Geneva Convention (2005) Uniform Law Review 10(1) 36-110, also published online by UNIDROIT at unidroit.org/english/ documents/2004/study78/s-78-019-e.pdf

 

Book Chapters

Managing Systemic Risks through Commercial Law and Regulation (forthcoming), in: B. Haar and K. Pistor, Finance between Liquidity and Insolvency, Oxford, Hart (forthcoming 2017)

Market Needs as Paradigm – Breaking up the thinking on EU Securities Law; in P.H. Conac, J. Thévenoz and U. Segna, ‘Intermediated Securities’, Cambridge University Press 2013 (12,000 words), first published online on SSRN (abstract 2150156) on 21 September 2012

Commentary Geneva Securities Convention Article 1(d), Article 1(n) (with K. Löber), Article 1(o) (with K. Löber), Article 1(p) (with K. Löber), Article 4, Article 6, Article 22, Article 27 (with K. Löber), in H. Kanda, L. Thévenoz and C.W. Mooney (eds.), Official Commentary on the Geneva Securities Convention; Oxford University Press 2012