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International Recognition of Excellence for Edinburgh Law School Academic

Fri 18 June 2021

Emilios Avgouleas profile picture

Professor Emilios Avgouleas, Chair of International Banking Law and Finance at Edinburgh Law School, has been invited to join the membership of the Monetary Committee of the International Law Association (Mocomila) through a unanimous vote of its members at its latest (virtual) meeting at the European Central Bank (ECB).

Mocomila was formed in 1951 and is dedicated to the study and furtherance of International Monetary and Financial Law in cooperation with the key institutions of the G20. Mocomila membership includes all current and living former directors of legal services (general counsel) of the International Monetary Fund (IMF), the World Bank, the Bank of England, the European Central Bank, the New York Federal Reserve, the Bank of International Settlements (BIS), the Monetary Authorities of Singapore and Hong Kong, and very senior officers of the Financial Stability Board and the Central Banks of Malaysia, and South Africa.

China's People's Bank is represented by its first deputy governor. Mocomila  also comprises a small number of very distinguished members of the legal profession and the bench and some of the world's pre-eminent academic experts in the fields of international financial and monetary law. The new chair of the Mocomila is the general counsel of the ECB taking the helm from Sir William Blair a senior English commercial law judge. Sir William and his leadership team, comprising the former chief counsel of the New York Fed and of the ECB, guided Mocomila for 15 years and led it to become a much more diverse group in terms of gender and race representation. In the same period Mocomila was raised from a position of eminence within the ILA to a global committee whose opinions were valued by the International policy-making community.

Emilios was admitted to membership alongside the chief counsel of the Bank of Australia and a distinguished US professor from Cornell. The decision cites Emilios' "outstanding contributions in the development of International Monetary and Financial Law." View Mocomila's latest report.