SCHOOL OF LAW

CHRISTOS GORTSOS

FULL NAME: Christos V. Gortsos

Contact Details

Professor of Public Economic Law and Academic Head for the Postgraduate Program of the Public Law Department in “Financial Regulation”

Profile

After having graduated from the German School of Athens (Dörpfeld Gymnasium) in 1979 (Apolytirion of the Hellenic Ministry of Education and Abitur of the German Ministry of Education), he pursued his academic education in law (University of Athens, Law School, Degree in Law, University of Zürich, Law School, Pre-diploma (Diplom-Vorprüfung) and University of Geneva, Graduate Institute of International Studies (‘ΙUΗΕΙ’), Master’s degree (D.E.S.) in International Law) and economics (University of Athens, School of Economics, Degree in Economics, University of Geneva, ΙUΗΕΙ, Master’s degree (D.E.S.) in International Macroeconomics). He received his PhD in 1996 from the University of Geneva, ΙUΗΕΙ; Thesis title: International and Regional Regimes for the Prudential Regulation of International Banks (grade: magna cum laude (Thesis), summa cum laude (viva)).

He is Visiting Professor at the Europa Institut of the University of Saarland (since the 2008-2009 academic year), at the European Law and Governance School (ELGS) of the European Public Law Organisation (EPLO) (since the 2015-2106 academic year) and, since June 2022, at the Frankfurt School of Finance and Management. Since the 2014-2015 academic year, he also holds a teaching position at the Europa Institut of the University of Zürich, lecturing in the LL.M. Program in International Economic Law and the Certificate of Advanced Studies (CAS) Program in Financial Markets Law. Since 2012, he also regularly lectures in conferences and Summer Schools organised by the European Law Academy (ERA) in Trier.

The main fields of his research, teaching and publication activities are public economic law, EMU law, international, EU and Greek financial regulation (banking, capital markets and insurance) and institutional economics.

In the winter semester of the 2017-2018 academic year, he was awarded the Fernand Braudel Senior Fellowship at the European University Institute (EUI) in Florence (Department of Law), during which he conducted his Research Project on: “The EU framework on banking resolution” and taught (with EUI Professor Stefan Grundmann) the course “Introduction to European (EU) Financial Law”. For the period September – October 2018 he was Academic Visitor at St Antony’s College, University of Oxford affiliated to the Political Economy for Financial Markets (PEFM) programme.

During the Academic Year 2022-2023 (in a sabbatical leave from the NKUA) he is Visiting Scholar at the Faculty of Law of the University of Zürich and Senior Fellow at the Collegium Helveticum (a Joint Institute of Advanced Studies of the University of Zürich and the Federal Polytechnic School in Zürich (ETH)).

Selected Most Recent Publications

• BrusselsCommentaryonEuropeanBankingUnion, Binder, J.-H., Gortsos, Ch. V., Ohler, C. and K. Lackhoff (2022, editors), C.H. Beck, München – Hart Publishing, Oxford – Nomos Verlagsgesellschaft, Baden-Baden
• Liability of Financial Supervisors and Resolution Authorities,Busch, D., Gortsos, Ch.V. and G. McMeel (2022, editors), Oxford University Press, Oxford
• Legal Aspects of the Single Monetary Policy in the Euro Area: From the establishment of the Eurosystem to the current pandemic crisis(2022), e-book, Third fully updated edition, February, at: https://ssrn.com/abstract=3819726
• Historical Evolution of Bank Capital Requirements in the European Union (2022), in Joosen, B., Lamandini, M. and T. Tröger (2022, editors): Capital and Liquidity Requirements for European Banks: CRRII and CRDV, Oxford EU Financial Regulation Series (main editors D. Busch and G. Ferrarini), Oxford University Press, Oxford, Part I, Chapter 1, pp. 3-42
• Financial Stability amidst the Pandemic Crisis: On Top of the Wave, Gortsos, Ch.V. and W.G. Ringe (2021, editors), e-book, European Banking Institute (EBI), at: https://ssrn.com/abstract=3877946
• European Central Banking Law – Legal aspects of the European Central Bank within the European System of Central Banks and the European System of Financial Supervision” (2020), Palgrave Macmillan Studies in Banking and Financial Institutions, Palgrave Macmillan, Cham – Switzerland   
• Pandemic Crisis and Financial Stability, Gortsos, Ch.V. and W.G. Ringe (2020, editors), e-book, European Banking Institute (EBI), at: https://ssrn.com/abstract=3607930  
• European Governance in Times of Uncertainty/ Gouvernance Européenne en temps incertains – Liber Amicorum Prof. Constantin Stephanou, Chryssochoou, D., Gortsos, Ch.V., Hatzopoulos, V. and A. Passas (2020, editors), Nomiki Bibliothiki – Athens
• The Single Resolution Mechanism (SRM) and the Single Resolution Fund (SRF): Legal aspects of the second main pillar of the European Banking Union (2019), e-book, Fifth edition (at: https://ssrn.com/abstract=2668653)
• Stricto Sensu Investor Protection Under the ‘MiFID II’: A Systematic Overview of Articles 24-30 (2018), Cambridge Scholars Publishing, Cambridge
• Resolving private sector insolvency: The experience of the EU periphery and the case of Greece (2017, co-edited with Platon Monokroussos), Palgrave Macmillan Studies in Banking and Financial Institutions, Palgrave Macmillan, Cham – Switzerland
• Banking Union: A Compendium (2016, co-authored with Professor J.-H. Binder), Nomos Verlagsgesellschaft, Baden-Baden – C.H. Beck, München – Hart Publishing, Oxford
• The Single Supervisory Mechanism (SSM) – Legal aspects of the first pillar of the European Banking Union (2015), European Public Law Organisation (EPLO) and Nomiki Bibliothiki, Athens
• The new EU Directive (2014/49/EU) on deposit guarantee schemes: an element of the European Banking Union (2014), Nomiki Bibliothiki, Athens
• Fundamentals of Public International Financial Law (2012), Nomos Verlagsgesellschaft, Baden-Baden

Ancillary Activities

In September 2020 he was selected by the European Parliament as external expert on technical, regulatory and policy issues in the field of banking resolution.

Since 1 December 2021 he is Member of theBoard of Appeal of the European Supervisory Authorities (ESAs) appointed by the Management Board of the European Securities and Markets Authority (ESMA). He was also elected by the Members of that Board as Vice-President; in May-June 2022 he served as acting President.

In July 2018 he was elected Fellow Academic Member of the European Banking Institute (EBI) and, since February 2020, he serves as President of the EBI’s Academic Board. He is also Academic Director of the EBI LLM Program in European Banking and Financial Regulation and Series Editor (with Professors Danny Busch and Antonella Sciarrone Alibrandi) of the “EBI Studies in Banking and Capital Markets Law” published by Palgrave Macmillan.

Furthermore, he is:

• Research Partner at the University Research Priority Program (URPP) “Financial Market Regulation” of the University of Zürich(since October 2015);
• Research Associate at the Erasmus Center for Economic and Financial Governance (ECEFG) of the Erasmus School of Economics and the Erasmus School of Law, Erasmus University of Rotterdam (since March 2016);
• Academic Fellow in the Jean Monnet Centre of Excellence on EU Sustainable Finance and Law (EUSFiL) (since December 2020);
• Member of the Committee on International Monetary Law of the International Law Association (MoComILA, since April 2005) and its Academic Coordinator (since November 2018);
• Chair of the Board of Directors of the Hellenic Society of Banking Law and Capital Markets Law (since June 2017);
• Member of the European Group of Public Law (EGPL) of the European Public Law Organisation (EPLO) (since 2013);
• Member the Association of Greek Commercial Lawyers; and
• Co-Director (with Professor George Dellis) of the book Series “Studies in International, European and Greek Public Economic Law” published by Nomiki Bibliothiki, Athens (since February 2021).