Dr. Phoebus Athanassiou

Position

Dr. Phoebus Athanassiou is Principal Legal Counsel with the Directorate General Legal Services of the European Central Bank (ECB).

Special interests

Dr. Athanassiou specialises in European Union, Greek and Cypriot financial law. He has published extensively on financial services, capital markets, securities regulation, and institutional issues of relevance to the ECB and Economic and Monetary Union. He is a Member of the Editorial Board of the ECB Legal Working Papers Series and of the International In-house Counsel Journal, and regularly acts as referee for a number of English language legal journals. In the course of his career in the Legal Services of the ECB he has covered a wide variety of topics, with an emphasis on the legal aspects of the implementation of the single monetary policy, the Eurosystem collateral framework, financial crisis-related work and more recently, payments and securities settlement.

Vita

Dr. Athanassiou holds law degrees from Queen Mary College, London (LL.B., 1998) and King’s College, London (LL.M. 1999) as well as a doctoral degree in law from King’s College, London (Ph.D. 2009). He joined the Legal Services of the ECB in 2004. Prior to joining the ECB, he was in private practice, with the Athens Law Firm of Tsibanoulis & Partners, inter alia acting as consultant to the Government of the Republic of Cyprus on the transposition of the acquis in the fields of securities, banking and insurance law.

Publications

Books & edited works

  • Research Handbook on Hedge Funds, Private Equity and Alternative Investments (Edward Elgar, 2012; paperback edition: August 2013);

  • Hedge Fund Regulation in the EU: Current Trends and Future Prospects (Kluwer, 2009).

Selected articles & working papers 

  • ‘Non-contractual liability under the Single Supervisory Mechanism: Key Features and Grey Areas’, Journal of International Banking Law and Regulation (2015) 30 (7)
  • ‘Are bank deposits investments? A legal and economic analysis’, Journal of International Banking Law and Regulation (2014) 29 (12)
  • ‘Reflections on the modalities for the appointment of the NCB Governors’, European Law Review (2014) 39 (1), 27-46
  • ‘The Icesave Ruling: legally justified discriminatory treatment?’ Butterworths Journal of International Banking and Financial Law (2013) 28 (3), 141-143
  • Of Past Measures and Future Plans for Europe’s Exit from the Sovereign Debt Crisis: What is Legally Possible and What Not’, (2011) 36(4) European Law Review, 558-575
  • ‘Bank Supervisors’ Liability: a European Perspective’ in Tridimas/Eeckhout (eds.) Yearbook of European Law Vol. 30, No. 1 (2011), 213–254
  • ‘Financial rules: Why they differ, where we got them wrong and how to fix them’, (2010) 4(3) Law and Financial Markets Review, 279-286
  • ‘The Role of Regulation and Supervision in Crisis Prevention and Management: A Critique of Recent European Reflections’ (2009) 24(10) Journal of International Banking Law and Regulation, 501-508
  • ‘Withdrawal and expulsion from the EU and EMU: some reflections’, in ECB Legal Working Paper Series, No.10, December 2009
  • ‘T2 Securities: an Overview of the Eurosystem’s Αims and Competence’ (2008) 23(11) Journal of International Banking Law and Regulation, 585-594
  • “When is e-money not E-money? Reflections on the revision of the E-money Directive” in (2006)3-4, Revue Européenne de Droit Bancaire et Financier/ European Banking and Financial Law Journal, 321-357.

Course(s)

Law of Central Banks