High quality post-graduate course in the law and economics of financial regulation
Next CAS is confirmed and starts in August 2021.
Deadline for applications
30 June 2021.
MISSION
Our students will
know the substance and the background of global and Swiss financial regulation
work with a legal and an economic focus
see behind the policy concepts in financial regulation
understand the regulatory drivers and trends
meet key actors and practitioners as guest speakers and interact with them
ESSENTIALS
Exclusive and small group of students
All classes taught in English
Classes from April to November in Bern and Geneva
Classes in 3 week intervals on Fridays and Saturdays
Student evaluation based on one exam and a short paper
Certificate of Advanced Studies delivered jointly by the Universities of Bern and Geneva
Total tuition (including lunches and documentation) CHF 10’800 for regular students (CHF 10’300 for early applications)
Guest students may participate in select single modules for CHF 800 per day
Course is recognized in the Swiss Financial Institute’s (SFI) «Master of Advanced Studies (MAS) in Banking»
PROGRAM
Eight modules on 16 full days of teaching on 8 Fridays and 8 Saturdays from 9.15 am to 5.15 pm and one half day of exams on the following dates:
August 2021
Module 1: Financial Markets and the Swiss financial center
Bern, Aymo Brunetti
Who are the actors of financial markets? What are the services and products they offer? What drives financial markets and Switzerland’s financial center?
August 2021
Module 2: Legal fundamentals of financial regulation
Bern, Luc Thévenoz
What are the triggers of financial regulation? Who are the actors in international and Swiss Financial Regulation? What is the high-level design of the Swiss Financial Regulatory Architecture?
September 2021
Module 3: Economic fundamentals of financial regulation
Geneva, Cyril Monnet
What are the key economic features of financial markets? What are the key elements of post crises-financial regulation?
Oktober 2021
Module 4: Banking Regulation
Bern, Joachim Oechslin
How do Supervisors prudentially regulate and supervise banks and interact with them? What are the key elements of banks corporate governance and risk management? How are the global Swiss banks positioned compared to their foreign peers?
November 2021
Module 5: Insurance Regulation
Bern, Monica Mächler
How do Supervisors prudentially regulate and supervise insurance and interact with them? What are the trends in Insurance Regulation? What are the strategic challenges of insurance com-panies in a global context?
Dezember 2021
Module 6: Financial Markets and Services Regulation
Geneva, Rashid Bahar
What are the regulatory standards for business conduct, financial services and products and financial infrastructures?
Januar 2022
Module 7: Fintech Regulation
Bern, Hans Kuhn
What is the financial regulators reaction to new tech initiatives in financial services linked to crowdfunding and -lending, blockchain, distributed ledgers and tokenisations?
Februar 2022
Module 8: Leveraging financial markets to pursue other public interests
Geneva, Christian Bovet
How are financial markets and institutions are leveraged by lawmakers to implement policies to implement other public interests e.g. collection of taxes, fight against money laundering and corruption or economic sanctions?
März 2022
Module 9: Enforcing financial regulation
Bern, Urs Zulauf
How are financial and other regulations are internationally enforced against financial firms and other actors in financial markets and their managers?
FACULTY
The faculty members design the substance of the nine modules based on the framework set up by the course executive committee. They teach the major part of the modules themselves and provide the key context:
Rashid Bahar
Associate Professor of law, University of Geneva, Partner Baer & Karrer, Zurich
Christian Bovet
Professor of law, University of Geneva, Vice-chairman of the Board of Directors BNP Paribas (Suisse) SA
Aymo Brunetti
Professor of economics, University of Bern, Chairman of the Swiss government’s «Future of the Financial Center Advisory Board»
Hans Kuhn
Partner at Wicki Partners, Zurich, and Digital Assets Legal Advisors LLC, Zug
Monica Mächler
Member of the Board of Directors Zurich Insurance Group
Cyril Monnet
Professor of economics, University of Bern, Swiss doctoral program manager Study Center Gerzensee
Joachim Oechslin
Senior Advisor, until 2019 Chief Risk Officer Credit Suisse, Member of the Board of Directors SwissRe
Luc Thévenoz
Professor of law, University of Geneva, Member of the Board of Directors Banque Mirabaud & Cie SA
Urs Zulauf
Adjunct Professor of law University of Geneva and Cornell Law School, Consultant in Financial Markets Regulation, Supervision and Enforcement, Bern
GUEST SPEAKERS
The CAS Executive Committee selects distinguished academics and practitioners as guest speakers from regulators or authorities, the financial industry and legal and management consultants. They provide theoretical and practical context in guest lectures and on panels.
Speakers
Jeremy Bacharach
PHD candidate, Centre de Droit Bancaire et Financier, Geneva
Claudio Bazzani
Partner, Homburger, Zurich
Jan Blöchliger
Head Banking Supervision Division, FINMA, Bern
Jessie Bühler
Senior Analyst, Enforcement Division, FINMA, Bern
Ursula Cassani
Professor of Law, Board member FINMA, Geneva
Marc Cohen
Partner Mayer Brown, Washington D.C.
Romeo Cerutti
General Counsel, Credit Suisse, Zurich
Aline Darbelley
Assistant professor, Centre de Droit Bancaire et Financier, Geneva
Bruno Dorner
Head Legal and Regulation Division, State Secretariat for International Financial Matters, Federal Finance Department, Bern
Thomas Dünser
Head Staff Office for Financial Center Innovation, Liechtenstein National Administration, Vaduz
Alice De Chambrier-Blokker
Public Prosecutor, Office of the Attorney General of Switzerland, Bern
Martin Eichmann
Head Credit Suisse Trust Ltd, Bahamas
Patric Eymann
Head Enforcement Division, Member of Executive Board, FINMA, Bern
Pablo Faus Pérez
Information Risk Office, Lombard Odier, Geneva
Jörg Gasser
CEO Swiss Banking Association
Arie Gerszt
State Secretariat for International Financial Matters, Federal Finance Department, Bern
David Garrido
Head Legal, Lombard Odier, Zurich
Stuart Graham
Founder and CEO of Autonomous Research, London
Andreas Heinemann
President Swiss Competition Commission, Professor, University of Zurich
Christoph Hiestand
Group General Counsel, Julius Baer Group Ltd, Zurich
Célian Hirsch
PHD candidate, Centre de Droit Bancaire et Financier, Geneva
Fabien Liégeois
Senior researcher, Centre de Droit Bancaire et Financier, Geneva
Xavier Oberson
Lawyer, Professor Geneva University, Geneva
Philippe Paech
Associate Professor of Law, London School of Economics, London
Mark Pieth
Professor of Law ermeritus, Basel
Imène Rahmouni-Rousseau
Deputy Director, Market Operations, Banque de France, Paris
Nina Reiser
Professor of Law, Strategic Services Division, FINMA, Bern
Cédric Remund
Public Prosecutor, Office of the Attorney General of Switzerland, Bern
John Reynolds
Partner, Davis & Polk, New York
Flavio Romerio
Partner, Homburger, Zurich
Birgit Rutishauser-Fernandez
Head insurance supervision division and Deputy CEO, FINMA, Bern
Rupert Schäfer
Head Recovery and Resolution, FINMA, Bern
Frank Schnewlin
Vice Chair of the Board of Directors of Swisslife, Vice-chairman of the Board of Vontobel Holding, AG, Zurich
Cornelia Stengel
Partner, Kellerhals Carrard, Zürich
Rolf Wuest
Deputy Swiss Banking Ombudsman, Zurich
Fritz Zurbrügg
Vice-chairman of the Governing Board, Swiss National Bank, Zurich
STUDENTS AND GUEST STUDENTS
Our regular students should have
a university or equivalent degree
three years of professional experience in a position related to Swiss or international financial markets (e.g., financial industry, financial regulation and legislation, management consultation, auditing, law firms)
a good working knowledge of English
the time and motivation to invest around 30 working days in this study and to take one 3-hour exam
an open mind to interact intensively with peer students, faculty and guest speakers
Our guest students wish to attend select course modules and are welcome if seats are available. Guest students pay a fee of CHF 800 per day.
ABOUT US
The CAS Executive Committee is responsible under the CAS study charter for the course:
Urs Zulauf
Study Director, Adjunct Professor of law, University of Geneva and Cornell Law School, Consultant in Financial Markets Regulation, Supervision and Enforcement, Bern
Aymo Brunetti
Professor of economics, University of Bern, Chairman of the Swiss government’s „Future of the Financial Center Advisory Board“
Luc Thévenoz
Professor of law, University of Geneva, Member of the Board of Directors Banque Mirabaud & Cie SA
The CAS Supervisory Board is responsible for the academic strategy and evaluates the quality of the course. It includes the members of the CAS Executive Committee and the following persons:
Christian Bovet, Chair
Professor of law, University of Geneva
Ursula Cassani
Professor of law, Member of the Board of Directors, FINMA, Bern
David Green
Author and consultant on financial regulation, Senior Adviser for Systemic Policy Partnership LLP and Advisor on Brexit and the City to the Chairman of Royal Bank of Scotland RBS
Cyril Monnet
Professor of economics, University of Bern, Swiss doctoral program manager Study Center Gerzensee
Isabelle Romy
Partner Foriep, Professor of law, University of Fribourg
Frank Schnewlin
Vice-chairman of the Board of Directors of Swisslife, Vice-chairman of the Board of Vontobel Holding, AG, Zurich
Fritz Zurbrügg
Vice-chairman of the Governing Board, Swiss National Bank, Zurich
LOCATIONS
The course takes place in first class locations guaranteeing the focus in teaching. Refreshments and lunches are provided onsite and included in the fee.
CONTACT
Study Coordinator:
tbd
Mail:
CAS Financial Regulation
Centre de droit bancaire et financier
UNI-MAIL
1200 Genève 4