Dr Iwa Salami
Senior Lecturer in Financial law and Regulation
Centre for the Study of States, Markets and People (STAMP), Business and Law
Dr Iwa Salami is a senior lecturer in
commercial law and financial law and regulation at the Royal Docks School of
Business and Law. She is the Programme Leader for Law Postgraduate Research
Degrees and is the Deputy Chair of the School’s Research Degrees Sub-committee.
She is also a member of the Executive Board of the Centre for the Study of
States, Markets and People. She is a Member of the Governing Council of the
British Institute in Eastern Africa (BIEA).
Prior to joining UEL, she was a research fellow at the Centre for Commercial Law Studies at Queen Mary, University of London where she lectured and thereafter served as external examiner on the Banking and Finance Law Programmes. She is a visiting lecturer at the University of Westminster Business School. She has previously worked in the UK and abroad including at the Government Legal Service and the African Development Bank.
Dr Salami has published extensively in the field of financial regulation in emerging economies and financial technology (FinTech) regulation. Her publications include numerous articles in internationally refereed journals and a book: Financial Regulation in Africa: An Assessment of Financial Integration Arrangements in African Emerging and Frontier Markets (Ashgate, 2012). She is currently working on her second monograph on Financial Technology Regulation in Africa, to be published by Routledge in 2021.
Iwa holds an LLB from University of Westminster, an LLM from King's College, University of London and a PhD from Queen Mary, University of London.
- Senior Lecturer, Financial Law and Regulation
- Programme Leader, Postgraduate Research Degrees (Law)
- Deputy Chair, School’s Research Degrees Sub-Committee
- Executive Board Member, Centre for the Study of States, Markets and People
- Governing Council Member / Trustee, The British Institute in Eastern Africa (BIEA)
- External Examiner, LLM International Commercial Law Programmes, University of Reading
- Consultant / Alternate Lead of the Policy Advisory Group, Esher and Makarios Legal Practitioners
Most recent publications:
Salami, I (2021) ‘Financial Technology
and African Capital Markets Post Covid-19’, Journal of International Banking
Law and Regulation (accepted for publication).
Salami, I (2020) ‘Covid-19 Crisis in Africa: Leveraging FinTech and RegTech for Economic Recovery’ 35 (10) Journal of International Banking Law and Regulation 410 - 420.
Salami, I (2020) ‘Decentralised Finance: A Holistic Approach to Regulating the Crypto Industry’, 35(7) Journal of International Banking and Financial Law 496 - 499.
Salami, I (2020) ‘Cryptoassets Regulation in Africa: RegTech and SupTech Considerations’ The African Reinsurer Volume 34, June 2020.
Salami, I. (2019) ‘Alternative Financing Approaches and Regulation in Africa’, in Daniel Makina (ed.) Extending Financial Inclusion in Africa (Elsevier 2019).
Salami, I (2019) ‘Facebook’s Libra: A Global Monetary System Governed by Private Corporations? E-International Relations 8 October 2019 available at https://www.e-ir.info/2019/10/08/facebook-libra-a-global-monetary-system-governed-by-private-corporations/
Salami, I (2019) ‘From Bitcoin to Libra: A Global Public – Private Partnership Approach to Regulation,’ European Financial Review August – September 2019 available at https://www.europeanfinancialreview.com/from-bitcoin-to-libra-a-global-public-private-partnership-approach-to-regulation/
Salami, I (2018) ‘Cryptocurrencies – Cross-Border Financial Regulatory Dimensions,’ European Financial Review April – May 2018 available at http://www.europeanfinancialreview.com/?p=23432
Salami, I (2018) ‘Terrorism Financing with Virtual Currencies: Can Regulatory Technology Solutions Combat This’, Studies in Conflict and Terrorism, volume 41, Issue 12: 968 - 989; also available at https://www.tandfonline.com/doi/abs/10.1080/1057610X.2017.1365464?journalCode=uter20
Sputnik Radio: ‘Regulating cryptocurrency is a very controversial subject’ 14 December 2020 available at https://soundcloud.com/radiosputnik/economist-regulating-the-crypto-industry-is-a-very-controversial-subject
Salami, I. ‘Decentralised finance calls into question whether the crypto industry can ever be regulated’ The Conversation (11 December 2020) available at
Salami, I. ‘Analysis of Ham Enterprises Limited & 2 Others v Diamond Trust Bank (U) Limited & Another’ Afronomics Law Blog (21 October 2020) available at https://www.afronomicslaw.org/2020/10/20/analysis-of-ham-enterprises-limited-2-others-v-diamond-trust-bank-u-limited-another/
Dr Iwa Salami of the Business and Law School featured as one of 30 Fintech Leaders surveyed to predict what the future holds for crypto and decentralized finance in the Finder Cryptocurrency Predictions Report October 2020. For the full report see https://www.finder.com/cryptocurrency-predictions
Salami, I. Response to consultation on addressing the regulatory, supervisory and oversight challenges raised by “global stablecoin” arrangements, 24 July 2020, available at https://www.fsb.org/wp-content/uploads/Dr.-Iwa-Salami.pdf
Dr Iwa Salami of the Business and Law School featured as one of 28 Fintech Leaders surveyed to predict what the future holds for crypto and digital currencies in the Finder Cryptocurrency Predictions Report July 2020.
Salami, I. ‘FinTech Regulation and Africa’s Growth Post Covid-19’ Afronomics Law Blog (25 June 2020) available at https://www.afronomicslaw.org/2020/06/25/fintech-regulation-and-africas-growth-post-covid-19/
Salami, I. ‘While corona virus rages, Bitcoin has made a leap towards the mainstream’ The Conversation (27 March 2020) available at https://theconversation.com/while-coronavirus-rages-bitcoin-has-made-a-leap-towards-the-mainstream-134925
Salami, I. ‘Why African countries should consider national digital currencies to counter the threats posed by private digital currencies like Facebook Libra’ Afronomics Law Blog (6 March 2020) available at https://www.afronomicslaw.org/2020/03/06/why-african-countries-must-consider-national-digital-currencies-to-counter-the-threats-posed-by-private-digital-currencies-like-facebook-libra/
Salami, I. ‘Is the time right for a single currency in West Africa?’ The Conversation (26 February 2020) available at https://theconversation.com/is-the-time-right-for-a-single-currency-in-west-africa-130731
Salami, I. ‘Risk mitigation in decentralised financing – Crypto lending’ Thomson Reuters Accelus (28 November 2019).
Fanni, R (2019), ‘A Scientists Opinion: Interview with Dr Iwa Salami about the Libra Project’ The European Science Media Hub, 4 September (accessed 3 October 2019, https://sciencemediahub.eu/2019/09/04/a-scientists-opinion-interview-with-dr-iwa-salami-about-the-libra-project/).
Salami, I. ‘Facebook’s Libra: Money Laundering potential and FATF rules on virtual assets’ Thomson Reuters Regulatory Intelligence (3 July 2019).
Salami, I. ‘Libra: Four reasons to be extremely cautious about Facebook’s new currency’ The Conversation (20 June 2019) available at https://theconversation.com/libra-four-reasons-to-be-extremely-cautious-about-facebooks-new-currency-119123
Salami, I. ‘Virtual Asset Laundering and Cryptocurrency Blending and Mixing Services’ Thomson Reuters Regulatory Intelligence (20 May 2019).
Salami, I. ‘Cryptocurrencies are finally going mainstream - the battle is on to bring them under global control’ The Conversation (16 May 2019) available at https://theconversation.com/cryptocurrencies-are-finally-going-mainstream-the-battle-is-on-to-bring-them-under-global-control-117112
Salami, I. ‘Nigeria: what Muhammadu Buhari’s re-election means for Africa’s biggest economy’ The Conversation (5 March 2019) available at https://theconversation.com/nigeria-what-muhammadu-buharis-re-election-means-for-africas-biggest-economy-112806
Salami, I. ‘Cryptocurrencies - Cross-Border Financial Regulatory Dimensions’ The European Financial Review (April – May 2018) available at http://www.europeanfinancialreview.com/?p=23432
Salami, I. ‘Bursting the Bitcoin bubble. In The Conversation’ The Conversation (23 March 2018) available at https://theconversation.com/anthill-23-bursting-the-bitcoin-bubble-93337
Salami, I. ‘Why unregulated cryptocurrencies could trigger another financial crisis’ The Conversation (15 Januaary 2018) available at https://theconversation.com/why-unregulated-cryptocurrencies-could-trigger-another-financial-crisis-89808
Salami, I. ‘Virtual Currencies: A Global Regulatory Approach’ UEL Press Briefing on Cryptocurrencies at UEL on 24 January 2018).
Salami, I. ‘Bitcoin’s surge intensifies need for global regulation of cryptocurrencies’ The Conversation (29 November 2017) available at https://theconversation.com/bitcoins-surge-intensifies-need-for-global-regulation-of-cryptocurrencies-86893
I Salami, Speaker, ‘Regulatory priorities for Decentralised Finance’ at the African Digital Finance Summit, Nairobi, Kenya, 18-19 February 2021.
I Salami, Speaker on ‘Digital Transformation and Finance During the Covid-19 Crisis and Regulatory Dimensions’ at the UEL Research is Open 2020 Virtual Conference, 31 July 2020.
I Salami, Chair of the, ‘Regulatory priorities for Fintech – emerging technologies, compliance and consumer protection’ at the Fintech in the UK Westminster Business Forum (virtual) policy conference, 2 April 2020.
I Salami, Panellist, ‘Cross-border Developments in Digital Assets and Implications for the UK’ at the Fintech in the UK Westminster Business Forum (virtual) policy conference, 2 April 2020.
I Salami, Panellist, ‘The Future of the FinTech Sector’ at the Women in FinTech Summit, organised by Re-Work, London, 31 March 2020 (cancelled).
I Salami, ‘Future of cryptocurrency, blockchain and its role in an increasingly digital society’ Special Parliamentary Debate at the Houses of Parliament, Westminster, London, organised by Parliament Street Think Tank, 24 March 2020 (cancelled).
I Salami, ‘Cryptocurrency Regulation: Balanced Regulation Needed’ at the FinTechTalents Festival, PrintWorks London, 17 November 2019.
I Salami, Panellist on, ‘Cryptocurrency and Blockchain: Where Next?’ Parliamentary Debate at the Houses of Parliament, Westminster, London, organised by Parliament Street Think Tank, 27 March 2019.
I Salami, Discussant on ‘FinTech in East Africa: From Local Incubator to Pan-African Hub’ at Stephenson Harwood, London, organised by the British Institute in Eastern Africa, sponsored by the British Academy, 28 November 2018.
I Salami, Panellist on, ‘Rights Based Approach to Doing Business for Sustainable Development in Sierra Leone’ at the 73rd United Nations General Assembly side event, New York, sponsored by UNDP and LexisNexis, 27 September 2018.
I Salami, Speaker on ‘Regulating Cryptocurrencies’ at the UEL 2018 Research & Knowledge Exchange Conference on Global Challenges, University of East London, Docklands, 28 June 2018.
I Salami, Speaker on ‘Energy Finance and Investments in Africa’ at CCLS – UNIDROIT Development Finance in Emerging Markets Conference at the Blavatnik School of Government, University of Oxford, 14 April 2018.
I Salami, Speaker on ‘African Continental Free Trade Agreement and the Role of Law’ at the African Studies Seminar Series at the UCL Institute of Advanced Studies, UCL, London, 21 March 2018.
I Salami, Chair at Centre for the Study of States, Markets & People, School of Business & Law, University of East London Annual Research Colloquium on ‘Neoliberalism and Ordoliberalism: One or Two Critiques?’ at UEL London, 8 December 2017.
I Salami, Chair at British Academy Lecture on ‘The Moral Economy of Elections in Africa’ at the British Academy, London, 13 June 2017.
I Salami, Speaker on ‘FinTech Regulation in Africa: The Case of Mobile Payments and Cryptocurrencies’ at the Fifth Biennial Global Conference of the Society of International Economic Law (SIEL) at the University of Witwatersrand in Johannesburg from 7-9 July 2016.
I Salami, Panel Chair on ‘Bankable Power and Infrastructure Projects in Africa' at The Global African Investment Summit at Central Hall, Westminster, London, 1 – 2 December 2015.
I Salami, Session Chair on ‘Accounting Profession and Regulation’ at the 5th African Accounting and Finance Association Conference hosted by the University of Mauritius, Mauritius 1 – 4 September 2015.
I Salami, Speaker at the 5th African Accounting and Finance Association Conference on ‘A Regional Approach to Regulating African Cross-border Banks’ hosted by the University of Mauritius, Mauritius 1 – 4 September 2015.
I Salami, Speaker at Chatham House London on ‘UK Africa Policy, the Prosperity Agenda and the ‘Golden Thread’: Between Idealism and Pragmatism?’ 23 March 2015
Dr Salami is keen to supervise potential PhD students interested in researching financial regulation in emerging economies.
Banking Law (LLB)
Commercial Law (LLB)
Constitutional Law (LLB)
Contract Law (LLB)
European Union Law (LLB)
Law of International Finance (LLM)
Regulation of Financial Markets (LLM)
Law of the World Trade Organisation (LLM)
International Law Problems and Process (LLM)
Noud Alowaymir (2021): Combating Terrorism Financing in Saudi Arabia
Clinton Osemwengie (2023): Regulation of Cryptocurrencies in Africa