September 2025

 

Professor Ruth Plato-Shinar

 

Curriculum Vitae

 

Full Professor of Banking Law and Financial Regulation

Founding Director of the Center for Banking Law and Financial Regulation

Netanya Academic College, Israel

 

1 University St, Netanya 4223587, Israel ¨ [email protected];

LinkedIn;  SSRN;  ORCID

Fields of Teaching and Research

*   The intersection between finance, technology, and the law; Fintech.

*   The impact of financial emerging technologies on consumers and individuals.

*   Banking law; Bank-customer relationships; Consumer financial protection.

*   Ethics in finance.

*   Payment law.

*   Financial Regulation.

Publications

Several precedents of the Israeli Supreme Court are based on Plato-Shinar's writing. Her work has influenced various legal reforms and policy debates.

Monographs

1. Ruth Plato-Shinar, Banking Regulation in Israel: Prudential Regulation vs. Conduct of Business Regulation (Walters Kluwer, 2016).

          The Book was translated into Mandarin:

          以色列银行业监管—审慎监管与消费者保护 (2019)

2. Ruth Plato-Shinar, The Bank's Fiduciary Duty: The Duty of Loyalty

          (The Israel Bar Publishing, 2010) (750 pages, in Hebrew).

Books Editing

1. Festschrift – in honor of Professor Sinai Deutch (Ruth Plato-Shinar and Moshe Gelbard, eds, Nevo Publishing House, forthcoming in 2024).
2. Fiduciary Duties in the Israeli Law (Ruth Plato-Shinar and Joshua Segev (eds), (Nevo Publishing House, 2016) (385 pages, in Hebrew).

Chapters in Books (2015 to present, selected)

1. Maayan Perel & Ruth Plato-Shinar, "Ai-based Consumer Credit Underwriting: The Role of a National Credit Database", in The Use of Artificial Intelligence in the Financial Sector: Opportunities and Regulatory Challenges 151-176 (Nydia Remolina and Aurelio Gurrea Martinez eds., Edward Elgar, 2023).
2. Ruth Plato-Shinar, "Shaming by Bank Regulators: Methods and Applications", in The Legal Aspects of Shaming: An Ancient Sanction in a Modern World 249-271 (Meital Pinto and Guy Seidman eds., 2023).
3. Ruth Plato-Shinar, "Banking Regulation in Israel: Balancing Systemic Stability and Consumer Protection", in Regulation in Israel: Values, Effectiveness, Methods 27-48 (Eyal Tevet, Itzhak Galnoor and Varda Shiffer eds., Palgrave Macmillan, 2021).
4. Ruth Plato-Shinar, "Can the Twin Peaks Model of Financial Regulation Serve as a Model for Israel?", in The Cambridge Handbook of Twin Peaks Financial Regulation 169-190 (Andrew Godwin and Andrew Schmulow eds., Cambridge University Press, 2021).
5. Ruth Plato-Shinar, "Law and Ethics: The Bank's Fiduciary Duty towards Retail Customers, in Research Handbook on Ethics in Banking and Finance 214-236 (William Blair, Rosa Lastra and Costanza Russo eds., Edward Elgar, 2019).
6. Ruth Plato-Shinar, "The Role of Political Economy in Designing Banking Regulation: The Israeli Bank Fees Reform as a Test Case", in The Political Economy of Financial Regulation 189-218 (Emilios Avgouleas, and David C. Donald eds., Cambridge University Press, 2019).
7. Ruth Plato-Shinar, "Banking Regulation in Israel – Systemic Stability vs. Consumer Protection", in State Responsibility, the Boundaries of Privatization, and Regulation 95-142 (Yitzchak Galnoor and Eyal Tevet eds., the Van Leer Jerusalem Institute, 2019, in Hebrew).
8. Ruth Plato-Shinar, "Thoughts about the Proper Boundaries for the Bank's Fiduciary Duty – Should the Bank Act as a Guardian for the Customer?", in Fiduciary Duties in the Israeli Law 107-130 (Ruth Plato-Shinar and Joshua Segev eds., Nevo, 2016, in Hebrew).
9. Ruth Plato-Shinar, "Cross-Border Banking: Reconceptualizing Bank Secrecy", in Reconceptualizing Global Finance and its Regulation 236-249 (Ross Buckley, Emilios Avgouleas and Douglas Arner eds., Cambridge University Press, 2016).
10. Ruth Plato-Shinar, Rolf Weber, "Consumer Protection through Soft Law in an Era of Global Financial Crisis", in The Changing Landscape of Global Financial Governance and the Role of Soft Law 233-257 (Friedl Weiss and Armin Kammel eds., Brill Martinus Nijhoff, 2015).

Journal Articles (2011 to present, selected)

1. Ruth Plato-Shinar, "Leveraging Artificial Intelligence in Microfinance in the Global South: Regulatory Insights into AI-based Credit Underwriting", 49 Fordham International Law Journal (forthcoming, 2026).
2. Ruth Plato-Shinar and Libby Maman, "Public Attitudes Towards CBDC and the Role of Trust in the Central Bank", Banking & Finance Law Rev. (forthcoming, 2026).
3. Ruth Plato-Shinar, Andrew Godwin, "AI Sandboxes for Fintech Innovation – Principles for Regulatory Collaboration", Law, Innovation and Technology  (forthcoming, 2026).
4. Ruth Plato-Shinar, "Allocation of Liability Between Merchant and Acquirer in Cases of Fraudulent Payments (B.G.A.N. Fashion Ltd. v. Isracard Ltd)", 41 Banking & Finance L. Rev. 443-449 (2025).
5. Ruth Plato-Shinar and Michal Ofer Tsfoni, "When Businesses Scam the Elderly: The Overlooked Responsibility of Payment Service Providers" 313-367, Festschrift in Honor of Prof. Sinai Deutch (2025, in Hebrew).
6. Ruth Plato-Shinar, "Balancing Protection and Innovation: Rethinking Safeguards for Bank Customers in the Era of Modern Technologies", 31 Law & Business Review 237-305 (2025, in Hebrew).
7. Ruth Plato-Shinar, "Enhancing AI in Finance Through Regulatory Sandboxes", in 8 Law Society and Culture – Special Issues on Artificial Intelligence and the Law 289-318 (Niva Elkin-Koren & Maayan Perel eds., 2025, in Hebrew).
8. Ruth Plato-Shinar and Michal Ofer Zfoni, " The Law for the Reduction of Cash Use in Israel: Marking Five Years in Force", 10 Regulation Research 245-281 (2025, in Hebrew).
9. Ruth Plato-Shinar & Maayan Perel, "AI in Consumer Credit Underwriting: Opportunities, Challenges and Proposed Regulation", 6 Regulation Research 137-201 (2024, in Hebrew).
10. Ruth Plato-Shinar, "The Right to Financial Privacy in an Era of Mandatory Duties of Disclosure", 38 Banking & Finance Law Rev. – Festschrift in Honour of Prof. Geva 285-305 (2022).
11. Ruth Plato-Shinar & Maayan Perel, "Algorithmic Credit Underwriting in Israel: Is there a Risk of Discrimination?", 45 Tel-Aviv L. Rev. 553-610 (2022, in Hebrew).
12. Ruth Plato-Shinar, "The Role of the Law in Developing and Designing the Payments Ecosystem in Israel", 5 Law Society & Culture 361-402 (2022, in Hebrew).
13. Ruth Plato-Shinar & Sol Azuelos-Atias "Simplifying the Interaction between Banks and their Customers: Towards Modernization of the Banking Contract Language", 56 Hebrew University L. Rev. 713-767 (2022, in Hebrew).
14. Ruth Plato-Shinar, "Thinking Outside the Box: The New Regulatory Sandbox Regime in Israel", 36 Banking & Finance L. Rev. 457-479 (2021).
15. Ruth Plato-Shinar, "Payments Services Law, 5779-2019: Consumer Protection in a Digital Payments World", 27 Hamishpat 275-302 (2021, in Hebrew).
16. Ruth Plato-Shinar, "Regulating Liability for Unauthorised Digital Payments: Insights for South Africa", Annual Banking Law Update 1-22 (2020).
17. Ruth Plato-Shinar, "The new Israeli Law on Payment Services: Towards a New World of Digital Payments", 35 Banking & Finance L. Rev. 351-382 (2020).
18. Ruth Plato-Shinar, "The Sale of Bank Loan Portfolios to Non- Bank Entities under the Bank's Fiduciary Duty", Hebrew University Law Review – Online Symposium on Assignment of Rights (2020, in Hebrew).
19. Ruth Plato-Shinar, "The Right to Financial Privacy – A Disappearing Era", 2 Law Society & Culture 199-229 (2019, in Hebrew).
20. Ruth Plato-Shinar, "Financial Consumer Protection in the Post Financial Crisis Era: Can the American FCPB Serve as a Model for other Jurisdictions?", 53 Texas Int. Law J. 171-200 (2019).
21. Ruth Plato-Shinar, "Regulatory Shaming: Can it Serve as an Enforcement Tool in the Banking Field?", 23 Law & Business Review– Special Issue on Shaming 677-720 (2019).
22. Ruth Plato-Shinar, Book Review: "Principles of Banking Regulation by J. Armour et al (eds)", 33 J. of International Banking Law and Regulation 108 (2018).
23. Michal Ofer-Zfoni & Ruth Plato-Shinar, "On Failure of Consideration and Holding in Due Course – an Opportunity to Correct Legal Anachronism", 12 Netanya Academic College Law Review 205-249 (2017, in Hebrew).
24. Ruth Plato-Shinar & Keren Borenstein-Nativ, "Misconduct Costs of Banks – The Meaning Behind the Figures", 32 Banking & Finance L. Rev.  495-528 (2017).
25. Ruth Plato-Shinar, Book Review: "Cambridge Handbook of Institutional Investment and Fiduciary Duty, by James P. Hawley (ed.)", 31 J. of International Banking Law and Regulation 520 (2016).
26. Ruth Plato-Shinar, "Banking (Service to Customer) Law 1981; On the Absence of a Fiduciary Duty", 5 Hukim – Journal on Legistation 179-236 (2013, in Hebrew).
27. Ruth Plato-Shinar, "The Banking Contract as a Special Contract – The Israeli Model",      29 Touro Law Review 721-746 (2013).
28. Ruth Plato-Shinar, "The Task Force's Payments Systems Review Report: an Outsider's View", 53 Canadian Business Law Journal 215-232 (2012).
29. Ruth Plato-Shinar, "The Bank's Fiduciary Duty under Israeli Law: Is there a need to transform it from an Equitable Principle into a Statutory Duty?", 39 Common Law World Review 219-245 (2012).
30. Ruth Plato-Shinar, The Bank's Duty of Disclosure – Towards a New Model, 27 Banking & Finance Law Review 427-444 (2012).
31. Ruth Plato-Shinar & Marcia Gelpe, "Lenders’ Liability for Environmental Damages in the Absence of Statutory Regulation – Lessons from the Israeli Model: Part 1", 5(5) Law and Financial Markets Review 367-379 (2011).
32. Ruth Plato-Shinar & Marcia Gelpe, "Lenders’ Liability for Environmental Damages in the Absence of Statutory Regulation – Lessons from the Israeli Model: Part 2", 5(6) Law and Financial Markets Review 458-466 (2011).
33. Aviva Geva & Ruth Plato-Shinar, "Code of Ethics – Does it Add Anything to Banking Regulation?", 27 Bar-Ilan Law Studies 261-313 (2011, in Hebrew).

Research Reports

1. Ruth Plato-Shinar et al, "The Willingness of Israeli Consumers to Adopt a Central Bank Digital Currency", Bank of Israel Research Paper (2025).
2. Ruth Plato-Shinar, "Protecting Bank Customers in an Era of Digitalization and Datafication", Research Paper, The Safra Institute for Banking and Financial Intermediation Tel- Aviv University (2024).

Grants and Awards

2023         Research Grant: "Protecting Bank Customers in an Era of Digitalization and Datafication", The Safra Institute for Banking and Financial Intermediation Tel- Aviv University.

2022        Research grant: "Regulating Consumer Risks in the Digital Payments Market: Reconsidering the PSD2 Model of Unauthorized Payment Transactions".  Jean Monnet Center of Excellence, Digi-Con-SME Program, Bologna University.

2021        Research grant: "Regulating AI-Based Consumer Credit Underwriting", Heth Center for Competition and Regulation.

2016        Honorarium: "The Economics of Public Pension Reform", George Mason University, Law and Economics Center.

2012         Research grant: "The Social Liability of Banks and Financial Institutions",  International Council for Canadian Studies: FRP Reward.

2007         Research grant: "Lenders' Environmental Liability", Ford Motor Company, the Conservation & Environmental Grant.

2007        Max Planck Research Grant: The Bank's Fiduciary Duty.

2006         The Van-Calker Scholarship, Swiss Institute of Comparative Law, Lausanne, Switzerland.

Fellowships and Visiting Positions

February 2026     Singapore Management University (SMU), Yong Pung How School of Law.

Oct-Nov 2024     Oxford University, Harris Manchester College, Commercial Law Center.

April 2024           Institut Barcelona d'Estudis Internacionals (IBEI), Universitat Pompeu Fabra, Barcelona.

Sep.-Oct. 2023    Cambridge University, The Cambridge Commercial Law Centre (3CL);

Sep.-Oct. 2023    Cambridge University, The Centre for Intellectual Property and Information Law (CIPIL)

Sep.- Oct. 2022   Jean Monnet Center of Excellence Visiting Fellow, Digi-Con-SME Program, Bologna University.

September 2021  Institut Barcelona d'Estudis Internacionals (IBEI), Universitat Pompeu Fabra, Barcelona.

October 2014      Kings College, London.

August 2013        University College London (UCL).

February 2012     Honorary Fellow, Asian Institute for International Financial Law (AIIFL), Hong Kong University.

April 2009           Harvard Law School.

July 2008             Laboratoire de Droit Economique, Faculty of Law, Luxembourg University.

July-Aug 2007    Max Planck Institute, Hamburg, Germany.

July-Aug 2006    Swiss Institute of Comparative Law, Lausanne, Switzerland.

Academic Positions in Other Institutions (selected)

2014 to present    Member of the Advisory Council, Center for Commercial Legal Studies (CCLS), Queen Mary University, London

2012  to present   Member of the Advisory Board, Asian Institute for International Financial Law (AIIFL), Hong Kong University

Membership in Associations (at present, Selected)

*        International Academy of Financial Consumers (IAFICO)

*        The Israeli Chapter of the International Society of Public Law (ICON–S Israel)

*        International Association of Consumer Law (IACL)

*        The Israel Association for Law and Society

*        Board Member, International Academy of Commercial and Consumer Law (IACCL)

*        The Israel Association of Private Law

*        World Society of Mixed Jurisdiction Jurists

Public Positions (at present, selected)

*        Member, Advisory Committee, the Governor of the Bank of Israel.

*        Member, Licensing Committee, the Supervisor of Banks.

*        Chairperson, Advisory Committee, the Commissioner of Credit Data.

*        Deputy Chairperson, Advisory Committee, Commissioner of Capital Markets    Insurance and Savings.

*          Member, End-User Forum, the Digital Shekel Project, Bank of Israel

Editorial Boards

2022 to present      Banking & Finance Law Review  (Thomson Reuters)

2015 – 2020            International Banking and Securities Law (Brill Nijhoff Publishers).

Legal Professional Experience

1991-1997           Legal Advisor, Legal Department, Bank Leumi LTD, Israel.

1990                    Admitted to the Israeli Bar Association.

International Conference and Workshop Presentations (2024-2025, selected)

December 2025   "Trust in the Central Bank and Public Willingness to Adopt a CBDC". International Workshop "Building Citizens Trust in Time of Crisis – Cjallenges and Opportunities for the Administrative State". Fabra University, Barcelona.

August 2025        "Regulatory Sandboxes: Balancing Innovation and Consumer Protcetion". IAFICO GFFC Annual Conference, SKKU Business School, Sungkyunkwan University, Seoul, Korea.

June 2025            "Public Attitudes to CBDC – Insights from a Survey Experiment ". Conference on "The Effect of Modern Technologies on Commercial and Consumer Law", IACCL 21^ST Biennial Conference, Fordham University Law School.

May 2025            "Public Attitudes to CBDC – Insights from a Survey Experiment".   Conference on "Forging Digital Money in the Tokenization Era: Reshaping Legal Tender?", Department of Economics and Management, University of Florence.

February 2025     "AI- driven Consumer Credit Underwriting and the Role of the Courts".

                            Conferene on Capital Markets and Banking Unions, Law and the Courts,           Bologna University.

Oct-Nov 2024      "Protecting Bank Customers in an Era of Digitalization and Datafication". The Commercial Law Center Workshop, Oxford University Law School.

August 2024        "Indirect Discrimination in Consumer Credit Underwriting". IAFICO GFFC Annual Conference, Cornell University School of Economics.

June 2024            "Regulatory Shaming: Should it Serve as an Enforcement Tool in Banking Regulation?". The Inaugural Conference of the International Association of Regulation & Governance, Penn University Law School.

January 2024       "Bank-Customer Relationship in the Realm of Private Law: The Bank's Fiduciary Duty". Academic Debate, European Banking Institute (EBI).

Conference Lectures in Israel (2024-2025, selected)

May 2025            "The Digital Shekel – A New Era for Israeli Monay". Conference on The Center for Banking Law and Financial Regulation, Netanya Academic College.

May 2025            "The Law for the Reduction of Cash Use in Israel: Marking Five Years in Force". Symposium in Memory of Prof. Meir Heth, The College of Management Law School.

April 2025           "Rule of Law Challenges in the Age of Artificial Intelligence: The Financial Sector as a Case Study", ICON-S-IL Annual Conference, The Academic Center for Science and Law.

April 2025           "The Willingness of the Public to Adopt a Digital Shekel – Insights from a Survey Experiment". Spring meeting of the CBDC-IL Forum.

December 2024   "AI-Driven Consumer Credit Underwriting and the Risk of Indirect Discrimination", Bank of Israel Seminar on "Fairness in Banking".

November 2024  "Financial Fraud, Consumer Protection and Customers' Negligence", The Annual Conference of the Israeli Banking Supervision Department.

September 2024  "Credit Traps", conference on "Households and Small Business Debts – Time for a Reform", Reichman University.

September 2024  "AI in Finance – Discussing the Israeli Interim Report", Tel Aviv University Law School.

June 2024            "The Law for Reducing Cash Use in Israel: Marking Five Years in Force", Conference in Honor of Prof. Heth, Heth Center for Competition and Regulation, The College of Management.

May 2024            "AI Regulatory Sandboxes and Public Law", conference on "Public Law in Israel – Democracy Under War", The Hebrew University in Jerusalem.

January 2024       "The Role of Regulatory Sandboxes in Advancing AI in Finance"

                            Conference on "The AI Revolution – The Legal Lens", Shamgar Center for Digital Law and Innovation, Tel Aviv Law Faculty.

– A full C.V. is available upon request –