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René Smits
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Biography
Professor René Smits is chief legal counsel of the Netherlands Competition Authority (NMa) in The Hague giving legal advice to the NMa’s Board and its departments. He was formerly director of the authority’s legal department and held several positions at De Nederlandsche Bank N.V. (DNB), the central bank of the Netherlands, in the legal field and with regard to banking supervision. From 1989, he was DNB’s general counsel responsible for legal advice on in-house corporate affairs as well as special central-bank related subjects, with a focus on EC banking directives, the IMF and economic and monetary union. In this capacity, René Smits has been a member of the Legal Committee of the European System of Central Banks, which consists of the European Central Bank and the National Central Banks of the European Union.
In January 2000, René Smits was appointed part-time professor of the law of economic and monetary union at University of Amsterdam (NL). His inaugural address on The Position of the European Central Bank in the European Constitutional Order was published by Eleven International Publishing, Utrecht (NL) in 2003 and can be read here. René Smits is a visiting professorial fellow at Queen Mary, University of London, a member of the Committee on International Monetary Law of the International Law Association, of the Scientific Committee of Euredia, European Banking and Financial Law Journal, of the editorial board of Legal Issues of Economic Integration and of Central Banking Publications’ training advisory board. His main publications address EC monetary law, banking supervision and the institutional arrangements for central banking, notably his thesis The European Central Bank - Institutional Aspects (Kluwer Law International, The Hague/London/Boston, 1997; 2000 reprint).
René Smits (1954) studied sociology and law at the Vrije Universiteit (Free University) in Amsterdam and is married with two children and three grandchildren.