ILF Guest Lectures by Dr. Philipp Paech, London School of Economics, on 24 May and 7 June 2016

On 24 May 2016,  the ILF hosted a guest lecture on "Of intangible investments and their guises: 200 years of securities law and the Blockchain revolution" by Dr. Philipp Paech.  Prof. Dr. Andreas Cahn, Executive Director of the ILF, welcomed about 80 guests and introduced Dr. Paech to the audience. Dr. Paech joined the London School of Economics (LSE) in 2010 as an Assistant Professor of Financial Law and Financial Regulation. He is the Director of the LSE’s Law and Financial Markets Project and a research fellow at the Institute for Law and Finance in Frankfurt. In his presentation. Dr. Paech traced the various stages of the historic race between liquidity and law in securities markets and identified what is needed to avoid both of these falling apart as soon as blockchain securities and blockchain settlement become a reality. This was the first of a series of two lectures on blockchain technology and securities.

 The second lecture was held on 7 June 2016. Dr. Paech spoke on "International Legal Principles for Crypto-Securities and Blockchain Settlement". After the presentation, a panel comprising Dr. Paech, Mr. Marc Robert-Nicoud (CEO, Clearstream), Mr. Klaus Löber (Senior Advisor, European Central Bank) and chaired by Prof. Dr. Peter von Wilmowsky (Goethe University Frankfurt am Main) discussed the status quo of securities settlement and also about the future legal issues of blockchain securities and their settlement. After the panel discussion, the speakers and guests reconvened in the Faculty Lounge of the House of Finance for a reception.

 Both guest lectures by Dr. Paech were recorded on video and can be seen under the following links:

 

24 May 2016: ILF Guest Lecture on "Of intangible investments and their guises: 200 years of securities law and the Blockchain revolution"

 http://video-182.uni-frankfurt.de/Mediasite/Play/1e4e8952d1a84ca897fac5df4d9102d31d

 

7 June 2016: ILF Guest Lecture on "International Legal Principles for Crypto-Securities and Blockchain Settlement"

 http://video-182.uni-frankfurt.de/Mediasite/Play/785c1980d41b433dbd021e08a27077fe1d