Decentralised Finance: a lawless space … ?
Increasingly decentralised infrastructures are posing challenges for financial sector regulators and supervisors. Issues range from whether relevant activities are within the scope of regulation, to who should be the addressee of regulatory obligations, to how the latter can be directed and enforced and whether supervisory tools work at all.
For market participants, challenges also arise, relating to questions such as which governing law applies to the system, and what happens in the event of a dispute or mistaken trade?
The European Commission has been clear that the proposal for regulation on markets in crypto-assets (MiCA) is not intended to cover fully decentralised structures, albeit it will capture some activities in some ‘less’ decentralised systems. Still, there is agreement that DeFi, in principle, is not a space above the law.
… understand the status quo and next steps in this fast-developing area …
Gain an understanding of the opportunities and risks presented by DeFi. Take a deep-dive into the applicability of law and regulation, and learn about the work underway at the EU and international standard-setter level.
This executive short course is conceived and taught by leading academics, policy makers and practitioners in this field. Get their first-hand insights and embed your knowledge through breakout sessions where real-life DeFi examples will be explored and used to illustrate legal principles and regulatory approaches.
The number of available seats for this in-person training is limited. Early registrations are encouraged.
Training dates: 2023
and be notified whenever we have updates on this course.
Training dates: 2023
The number of available seats for this in-person training is limited to 30.
Full/reduced: 1400,00/800,00* € (net of VAT)
Payment in three instalments possible
* The reduced fee of 800,00 € is available for employees of the public administration and of NGOs, and for full-time faculty and at public universities (evidence required).
Facts about this training
Training type: Executive short course
Format: in-person @ Institute for Law and Finance, Frankfurt
Online participation: via video link
Target jurisdictions: EU, EEA, CH
Certificate issued by: Institute for Law and Finance, University of Frankfurt
The European Digital Finance Programme is a collaboration of
What will I learn?
‘‘The law and regulation of DeFI’ provides a great introduction to DeFi, busting some of the myths around legal and regulatory capture and will enable you to apply key legal and regulatory principles to DeFi systems and activities, whether you are in-house, advising industry, or acting for a supervisory authority.
Our course instructors have designed a practical programme to help participants…
- Gain familiarity with DeFi applications and the opportunities and risks presented
- Understand approaches to identifying the applicable law and resolving key commercial law issues, including client asset protection
- Identify hooks for regulation
- Learn about cutting-edge approaches to supervising DeFi
- Navigate with confidence ongoing regulatory and policy initiatives, including at the international level
- Understand the role of EU and national authorities
Should I participate?
You will benefit from this programme if you are an experienced practitioner, supervisor or policy maker and would like to further boost your confidence in respect of all issues regarding the crypto market and its regulation in the EU, EEA or Switzerland, in particular if you are
- A professional who wants to make an impact on the success of their organisation
- Currently working in, or moving to, a role involving entrepreneurial, strategic, regulatory, supervisor, legal or policy questions regarding financial services, in particular relating to crypto-assets
- A recent graduate of an advanced university programme (Masters, PhD) with a relevant specialisation (speak to one of our advisors)
- Curious to engage with a stimulating and inspiring training and happy to invest 1.5 days to advance your career
Frequently asked questions
You will receive an email confirmation with a link to a PDF voucher which includes all relevant information and your registration number. Upon receipt of this document, your seat is secured and you will not need any further confirmation. Please bring the voucher (print out or electronically) for registration on the first day.
ANDREAS CAHN (HOST)
Goethe University Frankfurt and ILF Executive Director
ELISABETH NOBLE (LEAD INSTRUCTOR)
European Banking Authority
PHILIPP PAECH (LEAD INSTRUCTOR)
London School of Economics, Director of EDFP
MEET YOUR FACULTY
Lead instructors and contributors are internationally renowned thought leaders in crypto regulation
If you have any questions in relation to this event, please contact us.