Dr Daniele D'Alvia
Teaching Fellow in Banking and Finance Law
Dr Daniele D'Alvia is a Teaching Fellow in Banking and Finance Law at CCLS - Queen Mary University of London, an Associate Research Fellow at IALS in London, and the Module Convener of Comparative Law at Birkbeck College, University of London.
He is a pioneer of Special Purpose Acquisition Company (SPAC) studies in law, award-winner of the Colin B. Picker Prize (2017) by the American Society of Comparative Law, and author of the first book on SPACs ever in comparative law by Routledge (2021). His articles on SPACs have been featured on Fortune, Bloomberg Law, Oxford Business Law Blog, SOLE 24 ORE, Milano Finanza, Financial Mirror, Journal of Banking Regulation, Fordham Journal of Corporate and Financial Law, etc.
He is regularly invited to speak at international conferences, and he is frequently mentioned on newspapers or interviewed on matters related to financial regulation, private equity and SPACs.
Formerly, he held the position of module convener in International Finance and Company Law at the University of Hertfordshire. From 2010 he worked at international law firms such as Bonelli Erede Pappalardo, Dewey&LeBoeuf LLP and Deloitte LLP where he assisted clients in relation to M&As transactions, bond issuance and IPOs. He has also worked for the Financial Conduct Authority in London in the Criminal Investigation Unit – Enforcement and Market Oversight Division (EMO) dealing with high-profile white-collar crimes cases, and he has acted between 2020 and 2021 as an external consultant advising the European Bank for Reconstruction and Development on policy responses to Covid-19 and insolvency law regimes in over 38 countries of operation.
He has been a visiting lecturer and researcher in financial regulation in several universities and research centres such as the Commercial Law Centre at Harris Manchester College University of Oxford, the International Chamber of Commerce, the Max Planck Institute for Comparative and International Private Law, LUISS Business, Birkbeck College University of London, SOLE 24 ORE Business School, UCLan Cyprus, Verona School of Law, and the University of Petroleum and Energy Studies in India.
- Colin B. Picker Prize, April 2017 – Awarded by the American Society of Comparative Law for a Chapter of the Ph.D on Special Purpose Acquisition Companies (SPACs).
- Ronnie Warrington Scholarship, September 2014 – Scholarship awarded by Birkbeck University of London for the best Ph.D. proposal in the academic year 2013-2014. Recipient of one scholarship out of two.
- Sebastiano e Rita Raeli Scholarship, October 2010 – Special recognition awarded to the 27 top graduates in law at Tor Vergata University.
- Il Sole 24 ORE Business School Scholarship, October 2009 – Scholarship granted to fund tuitions for an LL.M. in Business Law. Recipient of one scholarship out of two.
Selective Research Funding/ Grant Capture
Global Comparative Study on Covid-19, April 2020 – October 2021
I have been appointed as a Mentor and Supervisor in order to coordinate a research project on Covid-19 convened by the International University College of Turin, the Institute for New Economic Thinking (INET), the Young Scholar Initiative (YSI) and the Association for Promotion of Political Economy and Law. The project is about comparing the legal-economic responses to Covid-19 across over 70 jurisdictions around the World. Mentors and Supervisors include important professors such as Professor David Kennedy (Harvard School of Law), Prof. Oreste Pollicino (Bocconi School of Law), Prof. Ermal Frasheri (Harvard Kennedy School), Prof. Jedidiah Kroncke (HKU School of Law), etc..
The Future of the Commercial Contract in Scholarship and Law Reform, October 2016 – September 2019
I have been part of this ambitious research project convened by Dr Maren Heidemann, Catherine Pedamon, and Dr Joseph Lee. The project is organised by IALS Centre for Corporate and Commercial Law, University of Westminster and University of Essex and it is focused on private as well as public international law.
Challenges and Experiments in Monetary Sovereignty, June 2018 – June 2019
I have been part of a study group of experts on monetary law at Harvard School of Law (Institute for Global Law and Policy). The research project has been convened by Prof. Christine Desan. The research is focused on the meaning of ‘money’ from a constitutional as well as economic point of view.
Building up a Single Payment System for the European Union, October 2015 – September 2016
I have been part of the Jean Monnet Teaching Module on the “Europeanisation of the Payment System” that was held in Siena in the second edition of Autumn School at the University of Siena. The research project is convened by Dr Gabriella Gimigliano and sponsored by European Commission.
- D’Alvia D., 2022. International Insolvency and Finance Law: Legal Constants in Times of Crisis. Routledge.
- D’Alvia D., 2021. Mergers, Acquisitions, and International Financial Regulation: Analysing Special Purpose Acquisition Companies. Routledge.
- Mason F., D’Alvia D., 2022. Special Purpose Acquisition Companies: Cross-border Mergers’ Rules and de-SPAC Transactions. Edward Elgar.
- D’Alvia D., Lombardi E., Shachmurove Y, 2022. Alternative Acquisition Models and Financial Innovation: Special Purpose Acquisition Companies in Europe, and the Italian Legal Framework. Routledge.
Peer Reviewed Journal Articles
- D’Alvia D., 2021. ‘Legal constants and the ‘constant’ outside of the law: mobile payments in comparative perspective under European Union Law’ in 28 (3) Maastricht Journal of European and Comparative Law, 332-355.
- D’Alvia D. 2020. ‘Financial Markets as Financial Systems: A Philosophical Dialogue between Offshore Tax Heaven Islands and Systemic Failures’ in 14 (2) Polemos Journal of Law, Literature, and Culture, 278-297. ISSN 2035-5262.
- D’Alvia D. 2020. ‘Risk, Uncertainty, and the Market: a Re-thinking of Islamic and Western Finance’ in 16 (4) The International Journal of Law in Context, 339-352. ISSN 1744-5523.
- D’Alvia D. 2020 (first online 2019). ‘The international financial regulation of SPACs between legal standardized regulation and standardization of market practices’ in 21 (2) Journal of Banking Regulation, 107-124. ISSN 1745-6452.
- D’Alvia D. 2018. ‘Law and the Market: private actors and self-regulation “towards a new role of public international law”’ in 29 (6) European Business Law Review, 929-948. ISSN 0959-6941.
- D’Alvia D., 2018. ‘L’umanità del rischio e l’ontologia dell’incertezza nei mercati finanziari’ [The humanity of risk and the ontology of the uncertainty in financial markets] in 17 IANUS Diritto e Finanza – Rivista di Studi Giuridici, University of Siena, 87-110. ISSN 1974-9805.
- D’Alvia D., Viglianisi Ferraro A., 2018. ‘The (legal) qualification of the Embryo and its utilization for scientific research purposes under the European multi-level protection system of fundamental rights’ in 26 (3) European Review of Private Law, 421-443. ISSN 0928-9801.
- D’Alvia D., 2017. ‘SPACs: Limiti e Prospettive tra Hard Law e Soft Law’ [SPACs: Limits and Perspectives between Hard Law and Soft Law] in 12 (4) Rivista del Diritto Societario, 1167-1197. ISSN 1972-9243.
- D’Alvia D., 2017. ‘(Legal) Uncertainty: Takaful between English Common Law and Shari’a Law’ in 1 (10) International Review of Law, College of Law, Qatar University, 1-17. https://doi.org/10.5339/irl.2017.10
- D’Alvia D., 2016. ‘Two-sided markets and card payment systems: new approaches and trends under art. 101 TFEU’ in 13 (2) IANUS Diritto e Finanza – Rivista di Studi Giuridici, University of Siena, 37-55. ISSN 1974-9805
Chapters in edited collections
- D’Alvia D., Morbee K, Olivares Caminal R., 2021. ‘PSD2, Brexit, and the Financial Regulation of Payment Systems in the UK’ in The Payment Services Directive II: A Commentary (G. Gimigliano, M. Bozina Beros eds.), Edward Elgar Commentaries Series. ISBN 978-1-83910-567-8
- D’Alvia D., 2019. ‘Mobile Network Based Payment Systems: Competition Law and Regulation in the Shadow of Blockchain’ in Blockchain: legal issues (A. Borroni ed.), ESI, 45-62. ISBN 978-88-495-4108-3
- D’Alvia D., 2019. ‘Ill Cities in their perfect “form”: a re-reading of Pasolini’ in Law, Cinema and the Ill City: Imaging Narratives of Justice, Order, and Morality (A. Wagner ed.), Taylor & Francis, 110-120. ISBN 978-1138337619
- D’Alvia D., 2018. ‘From public law to private law: the remarkable story of bona fides’ in The Future of the Commercial Contract in Scholarship and Law Reform: European and Comparative Perspectives (M. Heidemann, and J. Lee, eds.), Springer, 343-368. ISBN 978-3-319-95969-6
- D’Alvia D., 2016. ‘Mobile Payments and Merger Regulation: a case law analysis’, in Bitcoin and Mobile Payments: Constructing a European Union Framework (G. Gimigliano eds.), Palgrave Macmillan, 251-267. ISBN 978-1-137-57511-1
- D’Alvia D., 2020. ‘Carve-out M&A Transactions: A Practical Guide’ in 41 (1) Business Law Review, 36-36.
- D’Alvia D., 2019. ‘Regulation and Supervision of the OTC Derivatives Market’ in 34 (3) Banking and Finance Law Review, 603-607.
- 2021. Insolvency Law Assessment – EBRD, London.
- 2014. International Bar Association National contributor for Italy in relation to a prestigious comparative research project regarding sexual violence entitled: “Laws relating to rape and sexual assault research”. The full report is available online.
Other Publications on Financial Newspapers and Media Outputs
- D’Alvia D., “The UK SPAC Reform: Preliminary Remarks” (6 September 2021), Oxford Business Law Blog
- D’Alvia D., “SPAC of Everything: Challenging Financial Regulation in Times of Crisis” (27 July 2021), The FinReg Blog (Global Financial Markets Centre Duke University School of Law)
- D’Alvia D., Vulanovic M., ‘A rethinking of U.S. Forward-Looking Statements in SPACs” (13 July 2021) Fordham Journal of Corporate & Financial Law
- D’Alvia D., ‘SPACs: why investors fell in love with these stock market vehicles – and how the bubble burst’ (22 June 2021) The Conversation
- D’Alvia D., ‘La SPAC a Milano: ed è già Europa-mania’ [The SPAC in Milan: it is already SPAC mania] (14 June 2021) Norme&Tributi Sole 24 ORE
- D’Alvia D., Borroni a., “Se L’Europa è all’avanguardia sulle spac” [If Europe is updated on spacs] (11 June 2021) Milano Finanza
- D’Alvia D., Borroni A., 2021. “L’Europa e i Sogni di SPAC” [Europe and the SPAC’s dreams] Business Community
- D’Alvia D., 2021. Are SPACs the second coming of the IPO or a flash in the pan? (22 May 2021) Fortune
- D’Alvia D., 2021. UK, Brexit, and SPACs: the promise of a shell-company revolution (21 May 2021) London School of Economics Business Review
- D’Alvia D., Vulanovic M., 2021. What the SEC is not saying about SPACs (20 May 2021) Bloomberg Law Insight
- D’Alvia D., Vulanovic M., 2021. The American Revolution and the British (mis)understanding in one word: SPAC! (12 May 2021) IALS Blog
- D’Alvia D., 2021. The Equity Era: Asia to SPAC-Off? (21 April 2021) Machine Lawyering at the Centre for Financial Regulation and Economic Development
- D’Alvia D., 2021. “A re-thinking of SPACs, and the SPACs’ Promote”, Fordham Journal of Corporate and Finance Law
- D’Alvia D., Vulanovic M., 2020. “The promise and limits of a SPAC revolution” in Bloomberg Law (Professional Perspective)
- D’Alvia D., 2020. “SPAC στο μέλλον: Kατανόηση της καυτής τάσης της Wall Street” [SPAC into the future: understanding the new hot Wall Street trend] in Kathimerini
- D’Alvia, D., 2020. “SPACs: an art or a science?” in Financial Mirror
- D’Alvia D., 2020. “Come guidare la SPAC Revolution in Italia” [How to guide the SPAC Revolution in Italy]
- D’Alvia D., 2020. “Un ruolo per le SPAC nella crisi di imprese in tempi di COVID-19” [A role for SPACs inside insolvency and restructuring at the times of COVID-19] in Sharing (International Chamber of Commerce Updates)
- D’Alvia D., 2018. ‘La riforma delle banche popolari: autofagia o rigenerazione del mercato?’ [The reform of the Italian cooperative banks: autophagy or market regeneration?] in Giustizia Civile.com
- D’Alvia D., 2016. ‘Between Risk and Uncertainty: Brexit and its potential consequences on the Financial Markets’ in Durham European Law Institute
- D’Alvia D., 2016. ‘A possible way-out from the current financial crisis: SPACs and the new Asian approach’ in Newsletter of the International Bar Association Public and Professional Interest Division, Vol. 2, No. 1, pp. 21-24.
- D’Alvia D., 2016. ‘A philosophical dialogue on financial risk: the (dis)illusion of a singular meaning’ in Critical legal thinking
- D’Alvia D., 2013. ‘In tema di annotazione dell’uso commerciale delle imbarcazioni da diporto sulla licenza di navigazione’ in 42 (2) Rivista del Diritto della Navigazione, 901-909.
- Mentioned on World Finance commenting on Amsterdam SPAC listings in Europe. The article is titled “Going Dutch: Amsterdam’s rise as Europe’s next financial centre” (September 2021)
- Mentioned on IFLR commenting on the UK SPAC Reform. The article is titled “UK SPACs gap opens, but remains narrow” (September 2021)
- Mentioned on MoneyWeek commenting on the slow-down in SPACs after April 2021. The article is titled “The Stockmarket’s “SPAC” boom is slowing” by Alex Rankine (July 2021)
- Interview on SPACs and their last market practices between US and Europe on World Finance published by Alex Katsomitros “The roaring 20s for SPACs?” (June 2021)
- Interview on SPACs on “Board Perspective” published by Matt Kelly on the Institute of Internal Auditors Magazine (June 2021)
- Interview in relation to SPACs’ functions after the ‘2020 SPAC boom’. The interview has been featured in a blog post titled “Why are SPACs giving Wall Street & VC firms a run for its money? And why mobile apps like Draftkings are using SPACs as a choice of raising capital?” (23 April, 2021) Colure Media
- On being independent director, SPAC expert and legal advisor with SPACs Consultancy Ltd in relation to Finnex Acquisition Corp. S.p.A. – the first Asian SPAC in Europe (March 12, 2021) MarketWatch
- On the definition on SPACs, he has been cited in ‘SPAQ Stock is likely to be volatile in October’ (October 18, 2020) InvestorPlace
- On commenting the EU financial regulations for SPACs I have been cited on the Het Financieele Dagblad in Amsterdam in a special editorial titled ‘Waarom het beursgangen van ‘zakken geld’ regent in de VS en niet in Europa’ [Why the IPOs of “bags of money’ are raining in the U.S. and not in Europe] (1 October 2020) by Maarten Van Poll.