Dr Karen Lynch Shally



(01) 4747248


Dr Karen Lynch Shally joined the School of Law and Criminology as Assistant Professor in September 2019.

Karen's research focuses on law, regulation and policy in financial markets and services, with a particular emphasis on regulation and consumer protection in the retail financial services sector. She delivers modules on Banking & Financial Law (LW453), Aspects of Commerical Law (LW296) and Law and Governance (LW480) and created a new module for the LLB programme Financial Services Regulation (LW491). 

Karen received her doctorate from the National University of Ireland Galway in March 2017. Her doctoral research analysed the impact of the Global Financial Crisis on national frameworks of residential mortgage regulation in a comparative EU context; querying the extent to which the regulatory paradigm had changed from the pre to post crisis period, and the implications of such change for lenders and borrowers. The research was awarded dual research scholarships; an Irish Research Council (IRC) Government of Ireland Postgraduate scholarship and a Hardiman Research Scholarship from NUI Galway. 

Karen holds B.Comm, LLB and LLM by research degrees from NUI Galway and a Professional Diploma in University Teaching and Learning from University College Dublin, and prior to joining the School of Law and Criminology at Maynooth, she lectured at the Sutherland School of Law, University College Dublin. She has presented and published her work both nationally and internationally.

Research Interests

Karen's primary research interest is in law, regulation and policy of financial markets and services with a particular emphasis on consumer law and regulatory law in the retail financial services context. She also has a broad research interest in commerical law and consumer law and welcomes enquiries from potential students interested in undertaking research degrees in any of these fields.

Peer Reviewed Journal

Year Publication
2022 Lynch Shally, Karen (2022) 'The European Union Collective Redress Action in Irish Financial Services: Convergence or Divergence and Potential Clarification?'. Irish Journal of European Law, 24 (2022):53-105.
2022 Lynch Shally, Karen (2022) 'Summary Possession Revisited: Irish Mortgage Bank v Cody'. Irish Supreme Court Review, 4 :119-140.
2020 Lynch Shally, Karen (2020) 'Post Crisis Residential Mortgage Regulation: Paradigm Shift or Optical Illusion for Consumers in Ireland and Spain’'. Journal of Business Law, 2020 (2):123-149.
2015 Lynch Shally, Karen (2015) 'Post Crisis Evolution of Mortgage Legislation: A Comparative Perspective of Ireland and Spain'. Teoría & Derecho, Revista de Pensamiento Jurídico, 2014 (16):76-98. [Full-Text]
2014 Lynch Shally, Karen, Kenna, Padraic (2014) 'Comparing Mortgage Law in Ireland and England'. Conveyancer and Property Lawyer, 78 (4):294-316.


Year Publication
2020 Lynch Shally, Karen (2020) What is the legal effect of Covid 19 payment breaks on mortgages?. RTE: [Media]

Working Paper

Year Publication
2018 Lynch Shally, Karen (2018) Post Crisis Regulation of Residential Mortgages in Ireland and Spain – a Tale of Two Spheres. UCD: [Working Paper]

Conference Contribution

Year Publication
2022 Lynch Shally, Karen (2022) Changing tides: The ebb and flow in the dynamic between EU consumer law and national regulation in Irish financial services Joint Conference of the Law Schools of the University of Reading and University of Warwick, 'Future Directions in Consumer Law & Policy: Disruption, Innovation and Re-Alignment' University of Reading, 26/07/2022-.
2019 Lynch Shally, Karen (2019) 'The Residential Mortgage: Fundamental Right or Fungible Security in EU Regulation and Governance Frameworks?' Law and Society Association (LSA) Annual Meeting 2019 - 'Dignity' Washington D.C, 30/05/2019-02/06/2019.
2018 Lynch Shally, Karen (2018) ‘The Eternal Potency of Property Law’ Cambridge Centre for Property Law Conference - ‘Regulatory Issues in Property Law' University of Cambridge, 25/05/2018-26/05/2018.
2017 Lynch Shally, Karen (2017) ‘The Interaction of Public and Private Law in Residential Mortgage Regulation’ Society of Legal Scholars (SLS) Annual Conference 2017 - 'The Diverse Unities of Law' University College Dublin, 05/09/2017-08/09/2017.
2013 Lynch Shally, Karen (2013) ‘Regulatory Lessons from the Financial Crisis' European Network for Housing Research (ENHR) 25th Annual Conference ‘Overcoming the Crisis – Integrating the Urban Environment’ Universitat Rovira i Virgili (URV), Tarragona, Spain, 19/06/2013-22/06/2013.
2012 Lynch Shally, Karen (2012) ‘The Consumer Protection Code and the Code of Conduct on Mortgage Arrears: The Irish Regulatory Response in Perspective’ Centre for Housing Law, Rights and Policy NUI Galway (CHLRP) International Housing Conference - ‘Key Contemporary Housing Issues in a Changing Europe’ National University of Ireland Galway, 20/04/2012-21/04/2012.
2010 Lynch Shally, Karen (2010) ‘The Evolution of EU Mortgage Policy 2003-2010’ Society of Legal Scholars (SLS) Annual Conference 2010 - 'Human Rights Act Ten Years On' University of Southampton, 13/09/2010-16/09/2010.

Book Chapter

Year Publication
2014 Lynch Shally, Karen (2014) 'Comparing Mortgage Law in Ireland and Spain' In: Contemporary Housing Issues in a Globalised World. Abington, Oxfordshire : Routledge.
Certain data included herein are derived from the © Web of Science (2023) of Clarivate. All rights reserved.

Professional Associations

Description Function From / To
European Law Institute (ELI) ELI -
Law and Society Association (LSA) LSA -
Society of Legal Scholars (SLS) SLS -
Irish Association of Law Teachers (IALT) IALT -

Honors and Awards

Date Title Awarding Body
01/01/2013 IRCHSS Government of Ireland Postgraduate Scholarship Irish Research Council for Humanities and Social Sciences
01/01/2011 Hardiman Research Scholarship National University of Ireland Galway
01/01/2006 Postgraduate Research Fellowship National University of Ireland Galway


Employer Position From / To
Sutherland School of Law University College Dublin . 01/09/2017 - 01/09/2019


Start date Institution Qualification Subject
University College Dublin Professional Diploma in University Teaching and Learning T&L


Client Description
EU Economic Governance and Charter of Fundamental Rights Project Expert Invitee/Project Contributor. ‘Role and Mandate of the European Central Bank (ECB) in the Single Supervisory Mechanism (SSM): The Relevance of Macro Prudential Frameworks for the Residential Mortgage Sector’ (Brussels, September 2018)

Teaching Interests

Karen is module co-coordinator and lecturer on LW453 Banking and Financial Law, LW491 Financial Services Regulation, LW480 Law and Governance and LW296 Aspects of Commerical Law.