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Lisa Curran

Senior Counsel
Lisa Curran is Senior Counsel at Allen & Overy, based in Rome. Email: lisa.curran@allenovery.com

Articles by author

Why Italy does not need the trust (for now)

In this article, Lisa Curran considers the methods for protecting investors’ rights in securities under Italian law.

1 FEB 2022

Law v policy: judicial review and judicial deference in the age of hyper-regulation

The increasingly articulate web of regulation which affects virtually every facet of economic activity in the EU risks giving rise to a blurring of the distinction between law and policy, impacting not only the primary targets of regulation, but also the approach of lawyers in interpreting the rules. While this article focuses on the regulatory framework which has impacted the banking industry in the years following the Global Financial Crisis (GFC), similar issues arise in other sectors affected by a strong regulatory footprint (eg data protection, antitrust). The purpose is to consider the limits of administrative action in light of the distinction between law and policy, by considering doctrines of judicial deference in the context of judicial review. The article reflects comments made by the author in the context of a keynote address on the occasion of the 6th biennial Stockholm Oxford Law Symposium held on 8-9 September 2022 by the Stockholm Centre for Commercial Law on the topic ‘Lawyers in time of turmoil: Rule of Law v Justice – Rulemaking and enforcement on steroids – how to ensure equal treatment and predictability in the application?’.

1 DEC 2022