CERIL

Introduction

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Chairs

Prof. Paula Moffatt
Prof. Dominik Skauradszun

Completed projects

• Crypto-Assets in Insolvency
  The Working Party investigated whether the European Insolvency Regulation needs a definition of crypto assets, similar to the definition in the Markets in Crypto-assets Regulation, and whether Article 2(9) EIR Recast should define where crypto assets should be allocated. CERIL highlights that, as a result of the complexity of the crypto-market and its rapid evolution, there is a lack of clarity as to whether insolvent crypto-asset service providers, in particular crypto custodians, should be governed by the European Insolvency Regulation Recast (EIR) or the EU banking recovery and resolution mechanism.
  
  Reporters: Prof. Paula Moffatt and Prof. Dominik Skauradszun
  Research Associate: Ms. Ivi Karra
  
  CERIL Statement 2023-3 on Crypto-assets in Restructuring and Insolvency
  CERIL Report 2023-3 on Crypto-assets in Restructuring and Insolvency

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