This week has seen the publication of the Research Handbook on Cross-border Bank Resolution.

How should European financial law best integrate considering the interaction of the relevant legal systems?

The Hazelhoff Centre for Financial Law research programme for 2020-2023 centres around the integrity of financial markets during times of crisis and possible regulation to secure it.

A full overview of all loans and debts between banks would help preventing a new financial collapse. But banks do not provide this information. An econophysics model by Diego Garlaschelli and collaborators reconstructs the most probable situation and finishes first place in two independent tests.

With Brexit looming, stronger economic governance of the European Union is more essential than ever. It’s high time for action, says Amy Verdun, Professor of European Politics and Political Economy. Inaugural speech on 27 September.

This week has seen the publication of the Research Handbook on Cross-border Bank Resolution.

A new discovery proves that it matters which approach researchers take in analyzing large physical, social or biological systems that have a networked structure. Ever since the early 1900s, scientists have assumed each approach is equivalent. Now many results in statistical physics may no longer hold.…

The effects on local government of the financial crisis that began in 2007 are still largely unknown. As a case study, Jan Porth conducted statistical analyses of the implications for Dutch municipal finances. The crisis became most apparent in the sale of municipal land to private companies and households.…

Ilya Kokorin, Meijers PhD candidate at the Department of Financial Law, has been awarded the Gold Medal in the prestigious competition of the International Insolvency Institute (III), the 2020 Prize in International Insolvency Studies.

On 11 May 2016, the Hazelhoff Centre for Financial Law welcomed Robert Pickel for the 11th Hazelhoff Guest Lecture titled ‘The Deadliest Sin of the Financial Crisis’.

Lecture

Lecture, L-PEG Lunch Research Seminar series

Debate

The Hazelhoff Centre for Financial Law provides academic education and performs research in the field of financial law.

This network brings together scholars whose work explores how contemporary frameworks of crisis produce experiences of the present, rehash or disrupt established narratives of the past, and broker specific outlooks on the future. We collaborate in studying these crisis-scapes and exploring how they…

Public organizations have been confronted with severe budget cuts as a result of the most recent crisis. Public managers are tasked with the implementation of cutbacks. Using different case studies within Dutch ministries and the prison sector, we assess public managers’ change leadership in times of…

"The credit crisis is over, let's strive for economic growth!" The newspaper headlines give us hope. But is this a structural recovery, or is it built on a fragile foundation?

Lodewijk Petram, author of the book 'The World's First Stock Exchange', discussed the rise of the Amsterdam stock exchange in the 17th century in the ninth Hazelhoff Guest Lecture.

Han De Jong gave an overview of (the run-up to) the current economic crisis and discussed which steps could be taken to resolve this crisis.

Turkey's Belle Epoque and the Transition to a Modern Nation State

This project investigates the capacities of EU institutions to coordinate the responses of member states to critical events.

On 1 October 2019 the Hazelhoff Centre for Financial law hosted its 19th guest lecture starring Paul Sharma, managing director at Alvarez & Marsal and co-head of the European Financial Industry Regulatory Advisory Services practices.

Just published: United in incoherence – Private law concepts under pressure from European financial law (in Dutch), in: Tijdschift voor privaatrecht 2017-4

Worldwide, countries are barely prepared for major borderless crises such as extreme natural disasters or other unexpected calamities that destabilise society, Professor of Political Science, Arjen Boin, warns. In his inaugural address on 23 October he makes some recommendations.

Philosophical pragmatism has found more and more applications. But thus far it has not been applied to political crisis management. Political scientist Martin Bartenberger linked these two together and discovered that pragmatism, or the lack thereof, can help to explain how governments and public agencies…

Lecture

On Wednesday 5 June, Kalin Anev Janse, Secretary-General and Management Board Member of the European Stability Mechanism (ESM), was invited to give a lecture on 'Bridging decision-making: a new direction for Europe? Prioritising financial stability: the European Stability Mechanism and the Banking U…

The Netherlands holds the presidency of the European Union for the coming six months. There are too many urgent issues for the country to spend time on Dutch political hobby horses, says Stefaan Van den Bogaert, Director of the Europa Institute.

Financialization has become the go-to term for scholars grappling with the growth of finance. This Handbook offers the first comprehensive survey of the scholarship on financialization, connecting finance with changes in politics, technology, culture, society and the economy.

Explaining the origins , patterns and outcomes of crisis management efforts.

How should jurisdictions, both on the national and on the supra-national level, handle the interaction between public and private law where it regards the regulation of financial markets?

The 2012 crisis in Mali, where the state collapsed and terrorist groups took over the north, came as a surprise to many. Mali had been considered a poster-child for democracy and was judged as considerably more stable than its neighbors by leading quantitative indices of state fragility. This article…

The financial system needs complexity theory to predict economic crises like the 2008 meltdown. An international team of scientists, including Leiden physicist Diego Garlaschelli, state this in a paper published in Science on February 19th.

This publication examines the issues regarding the cross-border resolution of financial institutions, focusing on the power allocation between the home and host resolution authorities, i.e. the jurisdiction rule.

On Friday 6 November, a symposium took place on the occasion of the publication of the ‘Research Handbook on Crisis Management in the Banking Sector’, edited by professor Matthias Haentjens and professor Bob Wessels.

Introducing five papers about of the impact of crises on the governance, decision-making, and institutional design of the Euro Area, political scientists Valerie D'Erman (University of Victoria, Canada), Paul Schure (University of Victoria, Canada) and Amy Verdun (Leiden University) summarise the 'lessons…

Intelligence of the crowd, or in other words, intelligence of a large, random collective, exists mostly in social media platforms such as twitter. The collective does not comprise (at least not necessarily) experts on crises, just regular people mostly. Nevertheless, there is valuable intelligence to…

This study explores public leaders’ organizational learning orientation in the wake of a crisis. More precisely, we study the association between public leaders’ public service motivation and their learning orientation (instrumental versus political).

"The credit crisis is over, let's strive for economic growth!" The newspaper headlines give us hope. But is this a structural recovery, or is it built on a fragile foundation?

The Role and Effectiveness of the G20. In this article, published in The Changing Global Order part of the United Nations University Series on Regionalism book series, author Jaroslaw Kantorowicz discusses the evolution of the G20.

The progression of EU law: Accommodating change and upholding values Coördinator: Dr. Armin Cuyvers

Jeroen Dijsselbloem, President of the Eurogroup, will deliver the Europa Lecture on 17 January 2018 in the Academy Building at Leiden University.

In this specialisation, you will learn how to tackle complex economic and financial challenges. You will gain knowledge from a variety of academic disciplines and familiarise yourself with international administrative-economic issues, all of which will offer you great opportunities for the future.

Indonesian Law and Reality in the Mahakam Delta

Natascha van der Zwan, Assistant Professor at Leiden Univeristy, together with two other authors, wrote a book that explored some of the ways coronavirus is impacting the global capitalist system – and how this could change for better and for worse.

On 1 October 2019 the Hazelhoff Centre for Financial law hosted its 19th guest lecture starring Paul Sharma, managing director at Alvarez & Marsal and co-head of the European Financial Industry Regulatory Advisory Services practices.

On 19 September 2019, Lynette Janssen defended her thesis 'EU Bank Resolution Framework: A comparative study on the relation with national private law'. The doctoral research was supervised by Prof.mr. W.A.K. Rank and prof. M. Haentjens.