AMLD 5 was published in the Official Journal of the EU on 19 June 2018 and called upon EU member states to transpose it by 10 January 2020. As the name would imply, it is the fifth iteration of the AML directive that was first introduced by the EU in 1991. It is, however, the … Continue reading AMLD 5 and the EU May 2020 AML/CFT Action Plan – where do crypto assets fit into the emerging landscape?
FinTech
A take on the supervision of digital transformation
Digital transformation is by far the most prominent issue on the 2020 agenda of BaFin, the supervisor responsible for Germany’s banks with less than €30 billion in assets (above, ECB is in charge). Will the key topics identified as of now for those banks in future also attract increased attention by supervisors in other jurisdictions and of bigger banks?
Opportunity at “Acatus”: Gain regulatory experience in a Berlin Fintech Startup
Next spring, I will spend part of my legal clerkship at Acatus, a Fintech startup based in Berlin. Setting up a platform for real-time asset securitization, they are looking for lawyers, legal trainees and interns interested in financial regulation. I can only tell that the people I have met so are very friendly, highly ambitious … Continue reading Opportunity at “Acatus”: Gain regulatory experience in a Berlin Fintech Startup
Regulation and Supervision of the OTC Derivatives Market (Book, Routledge, 2018)
Following the Global Financial Crisis, regulators are committed to reduce the likelihood and severity of future crisis. In the area of financial derivatives, regulation is focused on increasing transparency, strengthening market infrastructure, and reducing systemic risk. In our book ‘Regulation and Supervision of the OTC Derivatives Market’, we are looking at these post-crisis regulatory reforms. Our … Continue reading Regulation and Supervision of the OTC Derivatives Market (Book, Routledge, 2018)
How Switzerland responds to «FinTech» (and the key takeaways for lawmakers internationally)
Numerous regulators worldwide are currently responding to what is generally known as ”FinTech”. Interestingly, the question as regards the distinguishing elements of FinTech from conventional financial services seems to have been left to each stakeholder’s individual interpretation. Not seldomly, in particular in Switzerland FinTech is just characterized as “digital financial technology”. Similar in the United … Continue reading How Switzerland responds to «FinTech» (and the key takeaways for lawmakers internationally)
REGULATION-Y 