Announcing the "Ieke van den Burg Prize for Research on Systemic Risk" awarded by the ESRB Advisory Scientific Committee.

The European Systemic Risk Board (ESRB) is an EU body with a mission to prevent and mitigate systemic risks to financial stability. The ESRB is chaired by the President of the European Central Bank, Mario Draghi, and its membership incorporates central banks and microprudential supervisors from across the EU (https://www.esrb.europa.eu/shared/pdf/ESRB-en.pdf). The ESRB also comprises an Advisory Scientific Committee (ASC), formed by 15 academics and practitioners appointed for their financial expertise.(https://www.esrb.europa.eu/about/orga/asc/html/index.en.html).

PRIZE FOR RESEARCH ON SYSTEMIC RISK: The ESRB's ASC will award a prize to recognise outstanding research conducted by young scholars on a topic related to the ESRB's mission. The annual prize was established in memory of Ieke van den Burg, who was a member of the inaugural ASC between 2011 and 2014 and a member of the European Parliament between 1999 and 2009. Ms van den Burg was dedicated to the notion that finance should serve society, and this prize is administered in that spirit.

AGE AND CONTENT CRITERIA: Applicants must be under 35 years old on 31 December 2017. Both single-authored and co-authored papers may be submitted for consideration, but all authors of a submitted paper must comply with the under-35 age requirement.

TOPIC: Applicants must submit a completed paper on a topic related to the ESRB's mission of preventing and mitigating systemic risks to financial stability. In particular, applications are invited from authors of papers covering at least one of the following topics:
- the role of macroprudential policy;
- regulatory issues in banking and finance;
- financial instability and performance of the real economy;
- genesis of financial crises and identification of systemic risk;
- consumer protection in financial markets.

PRIZE AWARD: The ASC will select the winning paper, based on its judgement of which paper represents the most outstanding contribution to a topic of interest and relevance to the ESRB. The author(s) of the winning paper will be expected to present their research at the ESRB Annual Conference.

The prize amounts to Euro 5,000, and is intended to support the research activities of the recipient(s). This total cash award is the same for single and co-authored papers. If more than one winning paper is selected, the total cash award will be distributed equally between each paper.

PAPER SUBMISSION PROCEDURE: Applications should be submitted by email to ESRB-ASC_Prize@ecb.europa.eu. The application should consist of (i) a completed paper; and (ii) a scanned copy of a passport or identification card for each of the paper's authors. The two attachments should be in .pdf format. All personal data will be processed in accordance with EU Data Protection Law (Regulation EC No. 45/2001).

The deadline for applications is 31 March 2018, midnight CET.