Professor Eilis Ferran

Email

evf1000@cam.ac.uk

College Contact Details

Room: D3, St Catharine's

FBA, PhD, MA, Solicitor

Professor of Company and Securities Law; JM Keynes University Fellow in Financial Economics; Pro-Vice-Chancellor for Institutional and International Relations

Interests

Corporate finance law. General company law. Financial regulation.

CV / Biography

Eilís Ferran is Professor of Company & Securities Law at the University of Cambridge, a University JM Keynes Fellow in Financial Economics, and a Fellow of The British Academy. She did her undergraduate studies in Law at Cambridge University and also completed her doctorate there on the topic of mortgage securitization. She qualified as a Solicitor with Coward (now Clifford) Chance. Since April 2012 she has been Chair of the Law Faculty at Cambridge. She is a Professorial Fellow of St Catharine’s College, Cambridge. She has written extensively on UK, EU and international financial regulation, company law and corporate finance law. Her recent publications include contributions to Ferran, Moloney, Hill and Coffee, The Regulatory Aftermath of the Global Financial Crisis (CUP 2012) and Ferrarini, Hopt and Wymeersch (ed), Rethinking Financial Regulation and Supervision in Times of Crisis (OUP, 2012. The new edition of her textbook Principles of Corporate Finance Law (OUP) was published in 2014. She has advised and given evidence to Parliamentary committees and other bodies, including serving as the Specialist Adviser to the UK Parliament House of Lords European Union Committee (Sub Committee A) in its inquiry into banking union (September - December 2012). She has been a visiting scholar at law schools in the United States, New Zealand and Hong Kong, and speaks regularly at conferences in Europe and beyond. She is the founding editor of the Journal of Corporate Law Studies (Hart Publishing) and serves on numerous advisory boards and committees, including the Cambridge Endowment for Research in Finance, the Board of Advisors to the Yale Program on Financial Stability and the Academic Advisory Board of the Asian Institute of International Financial Law. She is a member of the European Company Law Experts Group (ECLE) and a former member of the European Banking Authority’s Stakeholder Group.

Publications

Books

"The Oxford Handbook of Financial Regulation" (OUP) (Ed)

Co-Author/s:

Niamh Moloney, and Jennifer Payne

Published:

Aug 2015

Publisher:

OUP

Link:

http://ukcatalogue.oup.com/product/9780199687206.do

ISBN 13:

978-0-19-968720-6

"Principles of Corporate Finance Law" (OUP) 2nd Edition

Co-Author/s:

Look Chan Ho

Published:

Feb 2014

Publisher:

OUP

Link:

http://ukcatalogue.oup.com/product/9780199671342.do#

ISBN 13:

978-0-19-967134-2

"The Regulatory Aftermath of the Global Financial Crisis" (Cambridge University Press)

Co-Author/s:

N Moloney, JA Hill, JC Coffee

Published:

Nov 2012

Publisher:

Cambridge University Press

Link:

http://www.cambridge.org/gb/knowledge/isbn/item6869930/The%20Regulatory%20Aftermath%20of%20the%20Global%20Financial%20Crisis/?site_locale=en_GB

ISBN 13:

9781107024595

"Principles of Corporate Finance Law" (OUP)

Published:

Jun 2008

Publisher:

OUP

Link:

http://ukcatalogue.oup.com/product/9780199230501.do

ISBN 13:

978-0-19-923050-1

"Building an EU Securities Market" (Cambridge University Press)

Published:

Nov 2004

Publisher:

Cambridge University Press

Link:

http://www.cambridge.org/catalogue/catalogue.asp?isbn=9780521847223

ISBN:

0521847222

ISBN 13:

9780521847223

"Regulating Financial Services and Markets in the 21st Century" (Hart Publishing) (Ed)

Co-Author/s:

Goodhart (ed)

Published:

Sep 2001

Publisher:

Hart Publishing

Link:

http://www.hartpublishing.co.uk/books/details.asp?isbn=9781841132792

ISBN:

1841132799

ISBN 13:

9781841132792

Articles

"Corporate Mobility and Company Law " (2016) Modern Law Review (forthcoming)

Citation:

(2016) Modern Law Review (forthcoming)

Published:

Jul 2016

"The Existential Search of the European Banking Authority" (2016) European Business Organization Law Review

Citation:

(2016) European Business Organization Law Review

Published:

Jul 2016

"The European Single Supervisory Mechanism" (2013) 13 Journal of Corporate Law Studies 255-285

Co-Author/s:

Valia SG Babis

Citation:

(2013) 13 Journal of Corporate Law Studies 255-285

Published:

Aug 2013

Link:

working paper version SSRN abstract_id=2224538

"Regulatory Lessons from the Payment Protection Insurance Mis-selling Scandal in the UK" (2012) 13 European Business Organization Law Review 247-270

Citation:

(2012) 13 European Business Organization Law Review 247-270

Published:

Jul 2012

"Crisis-Driven EU Financial Regulatory Reform" SSRN abstract_id=2028003

Citation:

SSRN abstract_id=2028003

Published:

Jul 2012

Link:

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2028003

"The New Mandate for the Supervision of Financial Services Conduct" Current Legal Problems (2012)

Citation:

Current Legal Problems (2012)

Published:

Jul 2012

Link:

http://clp.oxfordjournals.org/cgi/reprint/cus011? ijkey=zInb88p6bxzFVVW&keytype=ref

"New Regulation of Remuneration in the Financial Sector in the EU" (2012) 9 European Company and Financial Law Review 1-34

Citation:

(2012) 9 European Company and Financial Law Review 1-34

Published:

Feb 2012

"The Reorganisation of Financial Services Supervision in the UK: An Interim Progress Report" University of Cambridge Faculty of Law Research Paper No. 49/2011

Citation:

University of Cambridge Faculty of Law Research Paper No. 49/2011

Published:

Nov 2011

Link:

http://ssrn.com/abstract=1952705

"The Break-up of the Financial Services Authority" (2011) Oxford Journal of Legal Studies 455-480

Citation:

(2011) Oxford Journal of Legal Studies 455-480

Published:

Oct 2011

Link:

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1690523 (working paper version)

"Directors' liability for unlawful dividends" (2011) 70 CLJ 321-326

Citation:

(2011) 70 CLJ 321-326

Published:

Oct 2011

"After the crisis: the regulation of hedge funds and private equity in the EU" (2011) 12 European Business Organization Law Review 379-414

Citation:

(2011) 12 European Business Organization Law Review 379-414

Published:

Jun 2011

Link:

http:///ssrn.com/abstract=1762119 (working paer version)

"Corporate Attribution and the Directing Mind and Will" (2011) 127 LQR 239-259

Citation:

(2011) 127 LQR 239-259

Published:

Apr 2011

"˜Can Soft Law Bodies Be Effective? The Special Case of the European Systemic Risk Board"" [2010] ELR 751 - 776

Co-Author/s:

Kern Alexander

Citation:

[2010] ELR 751 - 776

Published:

Dec 2010

Link:

http://ssrn.com/abstract=1676140

"Are US-Style Investor Suits Coming to the UK?" [2009] Journal of Corporate Law Studies 315-348

Citation:

[2009] Journal of Corporate Law Studies 315-348

Published:

Oct 2009

Link:

http://ssrn.com/abstract=1436333

"Capital Market Openness After Financial Turmoil" Working paper

Citation:

Working paper

Published:

Jul 2009

Link:

http://ssrn.com/abstract=1436143

"What’s Wrong with Rights Issues" (2008) 2 Law and Financial Markets Review 523 – 536

Citation:

(2008) 2 Law and Financial Markets Review 523 – 536

Published:

Oct 2008

Link:

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1290717

"Capital Market Competitiveness and Enforcement" Working paper

Citation:

Working paper

Published:

Apr 2008

Link:

http://ssrn.com/abstract=1127245

"Non-Enforcement-led Public Oversight of Financial and Corporate Governance Disclosures and of Auditors" [2008] Journal of Corporate Law Studies 191 – 224

Co-Author/s:

K Cearns

Citation:

[2008] Journal of Corporate Law Studies 191 – 224

Published:

Mar 2008

Link:

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1111779

"Transatlantic Financial Services Regulatory Dialogue" European Business Organization Law Review (EBOR) (2006), 7 : 647-673

Co-Author/s:

K Alexander, HE Jackson and N Moloney

Citation:

European Business Organization Law Review (EBOR) (2006), 7 : 647-673

Published:

Jan 2007

Link:

http://journals.cambridge.org/action/displayAbstract?fromPage=online&aid=672016

"Cross-border Offers of Securities in the EU: The Standard Life Flotation" [2007] European Company and Financial Law Review 461-490

Citation:

[2007] European Company and Financial Law Review 461-490

Published:

Dec 2006

Link:

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=955252

"The Place for Creditor Protection on the Agenda for Modernisation of Company law in the European Union" (2006) 3 European Company and Financial Law Review 178

Citation:

(2006) 3 European Company and Financial Law Review 178

Published:

Jul 2006

"Financial Assistance: Changing Policy Perceptions but Static Law" [2004] Cambridge Law Journal 225 - 243

Citation:

[2004] Cambridge Law Journal 225 - 243

Published:

Mar 2004

Link:

http://journals.cambridge.org/action/displayAbstract?fromPage=online&aid=215253&fulltextType=RA&fileId=S0008197304006567

"The Role of the Shareholder in Internal Corporate Governance: Enabling Shareholders to Make Better-informed Decisions" [2003] European Business Organization Law Review 491 - 516

Citation:

[2003] European Business Organization Law Review 491 - 516

Published:

Dec 2003

"Examining the UK Experience in Adopting the Single Financial Regulator Model" (2003) 28 Brooklyn Journal of International Law 257-307

Citation:

(2003) 28 Brooklyn Journal of International Law 257-307

Published:

Apr 2003

"Dispute Resolution Mechanisms in the UK Financial Sector" [2002] Civil Justice Quarterly 135-155 (also published in a report to the Korean Stock Exchange, Self-Regulation in the Korean Securities Market Korean Securities Law Association, 2002)

Citation:

[2002] Civil Justice Quarterly 135-155 (also published in a report to the Korean Stock Exchange, Self-Regulation in the Korean Securities Market Korean Securities Law Association, 2002)

Published:

Mar 2002

"Corporate Law Codes and Social Norms - Finding the Right Regulatory Combination and Institutional Structure" [2001] Journal of Corporate Law Studies 381-409

Citation:

[2001] Journal of Corporate Law Studies 381-409

Published:

Dec 2001

"Company Law Reform in the UK' (2001) 5 Singapore Journal of International and Comparative Law 516-568" (2001) 5 Singapore Journal of International and Comparative Law 516-568

Citation:

(2001) 5 Singapore Journal of International and Comparative Law 516-568

Published:

Jun 2001

Book Chapters

"European Banking Union and the EU Single Financial Market: More Differentiated Integration, or Disintegration" in (Ed), Between Flexibility and Disintegration: The State of EU Law Today (Edward Elgar)

Publisher:

Edward Elgar

Published Date:

Jun 2016

"The co-existence of National and EU law and the ne bis in idem principle" in (Ed), From Monetary Union to Banking Union, on the way to Capital Markets Union (European Central Bank )

Publisher:

European Central Bank

Published Date:

Dec 2015

"European Banking Union: Imperfect, But It Can Work" in (Ed), European Banking Union (OUP)

Publisher:

OUP

Published Date:

Nov 2015

"Institutional Design: The Choice for National Systems" in Niamh Moloney, Eilis Ferran, Jennifer Payne (Ed), Oxford Handbook of Financial Regulation (OUP ) (Ed)

Publisher:

OUP

Published Date:

Jul 2014

Co-Author/s:

Niamh Moloney, Eilis Ferran, Jennifer Payne

"EU Financial Supervision in the Context of Global Financial Governance" in , Europe's Place in Global Financial Governance (OUP (2014))

Publisher:

OUP (2014)

Published Date:

Jul 2014

"EU Financial Supervision in the Context of Global Financial Governance" in , Europe's Place in Global Financial Governance (OUP)

Publisher:

OUP

Published Date:

Dec 2013

"Crisis driven regulatory reform" in E Ferran, N Moloney, Jennifer G Hill, John C Coffee, The Regulatory Aftermath of the Global Financial Crisis (CUP 2012) (Ed), pp. 1-110

Publisher:

CUP 2012

Pages:

1-110

Published Date:

Nov 2012

Co-Author/s:

E Ferran, N Moloney, Jennifer G Hill, John C Coffee

"Understanding the New Institutional Architecture of EU Financial Market Supervision" in G Ferrarini, KJ Hopt and E Wymeersch, Rethinking Financial Regulation and Supervision in Times of Crisis (OUP, 2012) (Ed)

Publisher:

OUP, 2012

Published Date:

Jul 2012

Co-Author/s:

G Ferrarini, KJ Hopt and E Wymeersch

"Capital Market Openness After Financial Turmoil" in P Koutrakos and M Evans, Beyond the Established Orders (Hart Publishing) (Ed)

Publisher:

Hart Publishing

Published Date:

Sep 2010

Co-Author/s:

P Koutrakos and M Evans

"Three Recent Developments in Auditors’ Liability" in , Festschrift für Klaus J Hopt zum 70 Geburtstag (Verlag Walter de Gruyter)

Publisher:

Verlag Walter de Gruyter

Published Date:

Aug 2010

"Share Capital" in G Morse, Palmer’s Company Law (looseleaf) (Sweet & Maxwell) (Ed)

Publisher:

Sweet & Maxwell

Published Date:

Mar 2010

ISBN 13:

9780420446602

Co-Author/s:

G Morse

"Financial Assistance" in G Morse, Palmer's Company Law (looseleaf) (Sweet & Maxwell) (Ed)

Publisher:

Sweet & Maxwell

Published Date:

Mar 2010

ISBN 13:

9780420446602

Co-Author/s:

G Morse

"Principles-based, risk-based regulation and effective enforcement" in M Tison, H De Wulf, C Van der Elst and R Steennot, Perspectives in Financial Regulation (Cambridge University Press) (Ed), pp. 427-448

Publisher:

Cambridge University Press

Pages:

427-448

Published Date:

Sep 2009

ISBN 13:

978-0-521-51570-2

Link

http://www.cup.cam.ac.uk/us/catalogue/catalogue.asp?isbn=052151570X

Co-Author/s:

M Tison, H De Wulf, C Van der Elst and R Steennot

"Enforcement of Insider Dealing Laws" in J Armour and J Payne, Rationality in Company Law: Essays in Honour of DD Prentice (Hart Publishing) (Ed), pp. 57 - 70

Publisher:

Hart Publishing

Pages:

57 - 70

Published Date:

Feb 2009

ISBN 13:

9781841138060

Link

http://www.hartpub.co.uk/books/details.asp?isbn=9781841138060

Co-Author/s:

J Armour and J Payne

Book Reviews

Company Law and Economic Protectionism (2011) 12 EBOR 681-684

Co-Author/s:

Ulf Bernitz and Wolf-Georg Ringe

Published:

Dec 2011

Conference Papers

"conference location map" (http://www.law.cam.ac.uk/faculty-resources/summary/conference-location/11011)

Co-Author/s:

ferran

Published:

Nov 2012

Conference:

http://www.law.cam.ac.uk/faculty-resources/summary/conference-location/11011

Reports

Response to the European Commission's Report on the Application of the Takeover Bids Directive

Co-Author/s:

Böckli, Peter and Davies, Paul L. and Ferran, Eilis and Ferrarini, Guido A. and Garrido Garcia, José M. and Hopt, Klaus J. and Pietrancosta, Alain and Pistor, Katharina and Skog, Rolf and Soltysinski, Stanislaw and Winter, Jaap W. and Wymeersch, Eddy,

Published:

Jul 2014

Reference Number:

University of Cambridge Faculty of Law Research Paper No. 5/2014

Body / Institution:

European Company Law Experts

Link to report

http://ssrn.com/abstract=2362192

The Future of European Company Law

Co-Author/s:

Böckli, Peter and Davies, Paul L. and Ferrarini, Guido A. and Garrido Garcia, José M. and Hopt, Klaus J. and Pietrancosta, Alain and Pistor, Katharina and Skog, Rolf and Soltysinski, Stanislaw and Winter, Jaap W. and Wymeersch, Eddy

Published:

Jul 2014

Reference Number:

Columbia Law and Economics Research Paper No. 420

Body / Institution:

European Company Law Experts

Link to report

http://ssrn.com/abstract=2075034

Are the Lamfalussy Regulatory Networks Working Successfully?

Co-Author/s:

D Green

Published:

Jun 2007

Body / Institution:

European Policy Forum

Regulation of Private Equity-Backed Leveraged Buyout Activity in Europe

Published:

May 2007

Reference Number:

084/2007

Body / Institution:

ECGI Law Working Paper

Link to report

http://ssrn.com/abstract=989748

Faculty of Law

Professor Eilis Ferran

Email

College Contact Details

Interests

CV / Biography

Publications

Books

"The Oxford Handbook of Financial Regulation" (OUP) (Ed)

"Principles of Corporate Finance Law" (OUP) 2nd Edition

"The Regulatory Aftermath of the Global Financial Crisis" (Cambridge University Press)

"Principles of Corporate Finance Law" (OUP)

"Building an EU Securities Market" (Cambridge University Press)

"Regulating Financial Services and Markets in the 21st Century" (Hart Publishing) (Ed)

Articles

"Corporate Mobility and Company Law " (2016) Modern Law Review (forthcoming)

"The Existential Search of the European Banking Authority" (2016) European Business Organization Law Review

"The European Single Supervisory Mechanism" (2013) 13 Journal of Corporate Law Studies 255-285

"Regulatory Lessons from the Payment Protection Insurance Mis-selling Scandal in the UK" (2012) 13 European Business Organization Law Review 247-270

"Crisis-Driven EU Financial Regulatory Reform" SSRN abstract_id=2028003

"The New Mandate for the Supervision of Financial Services Conduct" Current Legal Problems (2012)

"New Regulation of Remuneration in the Financial Sector in the EU" (2012) 9 European Company and Financial Law Review 1-34

"The Reorganisation of Financial Services Supervision in the UK: An Interim Progress Report" University of Cambridge Faculty of Law Research Paper No. 49/2011

"The Break-up of the Financial Services Authority" (2011) Oxford Journal of Legal Studies 455-480

"Directors' liability for unlawful dividends" (2011) 70 CLJ 321-326

"After the crisis: the regulation of hedge funds and private equity in the EU" (2011) 12 European Business Organization Law Review 379-414

"Corporate Attribution and the Directing Mind and Will" (2011) 127 LQR 239-259

"˜Can Soft Law Bodies Be Effective? The Special Case of the European Systemic Risk Board"" [2010] ELR 751 - 776

"Are US-Style Investor Suits Coming to the UK?" [2009] Journal of Corporate Law Studies 315-348

"Capital Market Openness After Financial Turmoil" Working paper

"What’s Wrong with Rights Issues" (2008) 2 Law and Financial Markets Review 523 – 536

"Capital Market Competitiveness and Enforcement" Working paper

"Non-Enforcement-led Public Oversight of Financial and Corporate Governance Disclosures and of Auditors" [2008] Journal of Corporate Law Studies 191 – 224

"Transatlantic Financial Services Regulatory Dialogue" European Business Organization Law Review (EBOR) (2006), 7 : 647-673

"Cross-border Offers of Securities in the EU: The Standard Life Flotation" [2007] European Company and Financial Law Review 461-490

"The Place for Creditor Protection on the Agenda for Modernisation of Company law in the European Union" (2006) 3 European Company and Financial Law Review 178

"Financial Assistance: Changing Policy Perceptions but Static Law" [2004] Cambridge Law Journal 225 - 243

"The Role of the Shareholder in Internal Corporate Governance: Enabling Shareholders to Make Better-informed Decisions" [2003] European Business Organization Law Review 491 - 516

"Examining the UK Experience in Adopting the Single Financial Regulator Model" (2003) 28 Brooklyn Journal of International Law 257-307

"Dispute Resolution Mechanisms in the UK Financial Sector" [2002] Civil Justice Quarterly 135-155 (also published in a report to the Korean Stock Exchange, Self-Regulation in the Korean Securities Market Korean Securities Law Association, 2002)

"Corporate Law Codes and Social Norms - Finding the Right Regulatory Combination and Institutional Structure" [2001] Journal of Corporate Law Studies 381-409

"Company Law Reform in the UK' (2001) 5 Singapore Journal of International and Comparative Law 516-568" (2001) 5 Singapore Journal of International and Comparative Law 516-568

Book Chapters

"European Banking Union and the EU Single Financial Market: More Differentiated Integration, or Disintegration" in (Ed), Between Flexibility and Disintegration: The State of EU Law Today (Edward Elgar)

"The co-existence of National and EU law and the ne bis in idem principle" in (Ed), From Monetary Union to Banking Union, on the way to Capital Markets Union (European Central Bank )

"European Banking Union: Imperfect, But It Can Work" in (Ed), European Banking Union (OUP)

"Institutional Design: The Choice for National Systems" in Niamh Moloney, Eilis Ferran, Jennifer Payne (Ed), Oxford Handbook of Financial Regulation (OUP ) (Ed)

"EU Financial Supervision in the Context of Global Financial Governance" in , Europe's Place in Global Financial Governance (OUP (2014))

"EU Financial Supervision in the Context of Global Financial Governance" in , Europe's Place in Global Financial Governance (OUP)

"Crisis driven regulatory reform" in E Ferran, N Moloney, Jennifer G Hill, John C Coffee, The Regulatory Aftermath of the Global Financial Crisis (CUP 2012) (Ed), pp. 1-110

"Understanding the New Institutional Architecture of EU Financial Market Supervision" in G Ferrarini, KJ Hopt and E Wymeersch, Rethinking Financial Regulation and Supervision in Times of Crisis (OUP, 2012) (Ed)

"Capital Market Openness After Financial Turmoil" in P Koutrakos and M Evans, Beyond the Established Orders (Hart Publishing) (Ed)

"Three Recent Developments in Auditors’ Liability" in , Festschrift für Klaus J Hopt zum 70 Geburtstag (Verlag Walter de Gruyter)

"Share Capital" in G Morse, Palmer’s Company Law (looseleaf) (Sweet & Maxwell) (Ed)

"Financial Assistance" in G Morse, Palmer's Company Law (looseleaf) (Sweet & Maxwell) (Ed)

"Principles-based, risk-based regulation and effective enforcement" in M Tison, H De Wulf, C Van der Elst and R Steennot, Perspectives in Financial Regulation (Cambridge University Press) (Ed), pp. 427-448

"Enforcement of Insider Dealing Laws" in J Armour and J Payne, Rationality in Company Law: Essays in Honour of DD Prentice (Hart Publishing) (Ed), pp. 57 - 70

Book Reviews

Company Law and Economic Protectionism (2011) 12 EBOR 681-684

Conference Papers

"conference location map" (http://www.law.cam.ac.uk/faculty-resources/summary/conference-location/11011)

Reports

Response to the European Commission's Report on the Application of the Takeover Bids Directive

The Future of European Company Law

Are the Lamfalussy Regulatory Networks Working Successfully?

Regulation of Private Equity-Backed Leveraged Buyout Activity in Europe

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