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The proper regulation of the financial sector is a topic that - in part also due to the global financial crisis - is being given priority on the social and political agenda, not only in the Netherlands, but first and foremost at the international and European levels. For this reason, the Faculty of Law established a full-time Chair in European and Comparative Financial Law at the Financial Law Centre (FLC), part of the Radboud Business Law Institute (OO&R). This Chair was established in addition to the already existing Chair in Financial Law. The details of the Chair in European and Comparative Financial Law are outlined below.
The Chair in European and Comparative Financial Law comprises both the public and private law aspects of the regulation of the financial sector and its actors, such as banks, insurance companies, collective investment schemes, and investment firms. It comprises topics such as macro-prudential supervision (systemic risk), the effectivity of the European supervisory framework, market abuse, the public offering of securities, the European Banking Union, the Capital Markets Union, sustainable finance, the impact of Brexit on financial markets regulation, and the significance of technological developments for financial sector regulation (FinTech). The Chair in European and Comparative Financial Law is positioned at the interface of law, finance and economics.
Developments in financial law have unfolded very quickly, especially since the global financial crisis. Several initiatives, both internationally and within Europe, as well as within the various Member States of the European Union, have been launched to strengthen the regulation of the financial sector in order to help reduce the risk of a future financial crisis as much as possible. With the creation of the European Banking Union, the ECB has exercised direct supervision over the largest and most international banks in the euro area since November 2014. The foregoing illustrates the Chair's international and European orientation.
The duties of the Chair in European and Comparative Financial Law (1.0 FTE) include:
(1) conducting high-profile international research in the field of European and comparative financial law;
(2) teaching within the context of the Master's specialisation in Financial Law and of post-initial courses;
(3) supervising PhD candidates and acquiring direct government funding for research (Dutch Research Council (NWO)) as well as indirect government funding and contract funding.
(4) managing the financial law department and making a contribution to the management of the Faculty of Law in general.
The appointment of a full-time Professor of European and Comparative Financial Law addresses the need to enhance the FLC research programme to which the national and academic research requirements of focus and mass apply. The Chair fits in with the Law Faculty's policy of further internationalisation.
At the organisational level, the holder of the Chair falls under the responsibility of the Dean.
Fixed-term contract: It concerns a temporary employment for contract for 1.5 years with the possibility of a permanent contract after positive evaluation.
The Faculty of Law's core tasks are education and research. The academic education provided focuses on training all-round lawyers and delivering postgraduate courses for lawyers.
The Radboud Business Law Institute (OO&R): OO&R engages in academic research in the broad field of business law, covering complex legal issues that are highly relevant at the national, European and global levels, comprising all fields of law relevant to the operation of business in society. OO&R offers four research programmes that are closely interconnected: (1) business and patrimonial law (including European private law); (2) company law (Van der Heijden Institute, VHI); (3) finance, security rights and insolvency law; and (4) financial law (Financial Law Centre, FLC). OO&R aspires to be the leading academic legal institute in the field of business law in the Netherlands and strives to play an important role at the European level.
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