All Publications
Journal Articles
- Insider Trading in Crypto Assets—Back to First Principles?
Fordham Journal of Corporate & Financial Law 31 (2026), 587-665, (PDF) - With Howell E. Jackson
The Regulation of Technological Innovation in Financial Services: A Comparative Approach with Respect to Digital Assets and Artificial Intelligence
Law and Contemporary Problems 2026, 88(2), 77-114, (PDF) - With Kevin Bauer
Corporate Communication, Agentic AI, and Prompt Injections
in: Möslein/Sako (Eds.), Business, Industry, and Finance, in: Hacker (Ed.), Oxford Intersections: AI in Society, Oxford University Press 2026, (PDF) - With Ann-Katrin Kaufhold
Zum institutionellen Design der Marktüberwachungsbehörden nach der KI-VO
(On the institutional design of market surveillance authorities under the regulation of artificial intelligence (AI Regulation))
BKR 2025, 598-600 (LINK) - Die Uhr tickt
(The clock is ticking)
EuZW 2025, 593-594 (LINK) - Zum Einsatz künstlicher Intelligenz in der Bank. Ein Blick auf die Europäische KI-Verordnung
(The use of artificial intelligence in banking. A look at the European AI Regulation)
SZW/RSDA 01/2025, 83-89 (LINK) - AI Judgment Rule(s)
The University of Chicago Law Review, 27 November 2024, (PDF) - KI und Aktienrecht
(AI and corporate law)
EuZW 2024, 854-861 (LINK) - Rückgang börsennotierter Unternehmen: Gründe und rechtliche Gegenmaßnahmen
(Decline of listed corporations: reasons and legal countermeasures)
ZGR 2024, 287-315 (LINK) - Die Schufa vor dem EuGH
(Schufa at the ECJ)
BKR 2024, 66-67 (LINK) - Künstliche Intelligenz in der Leitungsentscheidung des Vorstands
(Artificial intelligence in management decisions of the executive board)
ZHR 187 (2023), 723-738 (LINK) - Gruppendenken und Corporate Governance - illustriert am Beispiel des Wirecard Skandals
(Groupthink and corporate governance - illustrated against the background of the Wirecard scandal)
JZ 2023, 693-702 (LINK) - Diskriminierung bei der Vergabe von Verbraucherkrediten? Eine Anmerkung zu den Plänen des Europäischen Gesetzgebers
(Discriminatory lending? On EU legislative proposals)
BKR 2023, 205-214 (LINK) - Änderungsbedarf: § 307 Abs. 3 BGB
(Need for amendment: Section 307(3) German Civil Code)
NZG 2023, 537 (LINK) - With Oscar Stolper, Maximilian Beilner, Marie-Therèse Radetzky, Dominik Scheld, Jan Sehorz and Philipp Tilk
Der Einsatz von „Digital Engagement Practices“ in der Vermögensanlage: Empirische Evidenz und rechtliche Einordnung
(Digital engagement practices in investment services: empirical evidence and legal assessment)
ZBB 2023, 95-107 (LINK) - With Martin Winner
Wirecard und Commerzialbank Mattersburg – Compliance, Kontrollversagen und die Folgen für den Gesetzgeber
(Wirecard and Commerzialbank Mattersburg – Compliance, Lack of Control and the Legislator)
ZFR 2022/58, 108-116 (LINK) - Synthesis of “Economic Transplants: On Lawmaking for Corporations and Capital Markets”
Accounting, Economics, and Law: A Convivium vol. 12 no. 3 2022, 253-267 (LINK) - Zur Regulierung des Kreditscoring
(On Regulating Credit Scoring)
EuZW 2021, 961-962 (Editorial) (LINK) - KI und Finanz
(AI and finance)
RDi 2021, III (Editorial) - With Loriana Pelizzon
Short Selling – On Ethics, Politics, and Culture
ZBB 2021, 301-311 (LINK) - Kommunikation als Governance-Instrument in der börsennotierten Aktiengesellschaft
(Communication as a corporate governance instrument in the listed stock corporation)
ZHR 185 (2021), 414-454 (LINK) - With Joachim Hennrichs, Bernhard Pellens, Anne d’Arcy, Rolf Uwe Fülbier, Peter Hommelhoff, Christopher Koch, Jens Koch, Hanno Merkt, Stefan Müller, Moritz Pöschke, Thorsten Sellhorn (Interdisziplinärer Arbeitskreis Corporate Governance)
Thesen zur Stärkung der Corporate Governance aus Anlass des Wirecard-Falles
(Theses on strengthening corporate governance in light of the Wirecard case)
DB 2021, 550-555 (LINK) - Regulatory Arbitrage: What’s Law Got To Do With It?
Accounting, Economics, and Law: A Convivium vol. 11 no. 2 2021, 91-117 (PDF) - Building a Capital Market – the Final Report of the High Level Forum on the EU Capital Market Union
European Company and Financial Law Review 2020, 601-618 (LINK) - Wirecard – ein Skandal zur richtigen Zeit
(Wirecard – a timely scandal)
EuZW 2020, 681-682 (LINK) - Responsible A.I.-based Credit Scoring – A Legal Framework
European Business Law Review 2020, 527-572 (LINK) - Interdisziplinäre Forschung im Unternehmensrecht – auf dem Weg zu einer cognitive corporate governance?
(Interdisciplinary scholarship in corporate law – on our way towards cognitive corporate governance?)
ZGR 2019, 717-759 (LINK) - With Jennifer d’Hoir
Regulation of digital assets – How France and Germany are paving the way for an EU reform
Revue Trimestrielle de Droit Financier (RTDF) 2019, 40 - With Daniel Hau and Jasper Wentz
„Aktivistische Leerverkäufer“ – eine Überlegung zur Markteffizienz und deren Grenzen im Kapitalmarktrecht
(“Activist short sellers” – on market efficiency and its limits in capital markets law)
ZBB 2019, 307-316 (LINK) - Initial coin offerings – where do we stand and should we move?
Revue Trimestrielle de Droit Financier (RTDF) 2018, 40 - Gender and corporate law?
La Revue des Juristes de Sciences Po no. 15 (2018), 37 - Digitales Finanzwesen. Vom Bargeld zu virtuellen Währungen
(Digital finance. From cash to virtual currencies)
AcP 218 (2018), 385-429 (LINK) - Kündigungsrecht der Bausparkassen zehn Jahre nach Zuteilungsreife
(Building societies’ right to terminate home savings contracts ten years after allocation maturity)
NJW 2017, 1353-1357 (LINK) - Shareholder activism, institutions of corporate governance and re-reading Roe
Revue Trimestrielle de Droit Financier (RTDF) 2016, 70 - In Brüssel nichts Neues? – Der „verständige Anleger“ in der Marktmissbrauchsverordnung
(Nothing new in Brussels? – The “reasonable investor” under the Market Abuse Regulation)
AG 2016, 417-422 - 50 Jahre Aktiengesetz – Aktienrecht und Kapitalmarktrecht
(Capital markets Law and Corporate law after 50 years of the German Code on stock corporations)
ZGR 2016, special edition 19, 273-296 (PDF) - Diversity on corporate boards – why, how?
Revue Trimestrielle de Droit Financier (RTDF) 2015, 63 - Über die allmähliche Verfertigung des Gesetzes beim Regulieren. Der Begriff der Insiderinformation nach der Marktmissbrauchsverordnung
(On the gradual completion of statutes in the course of regulation. The concept of inside information under the Market Abuse Regulation)
ÖBA 2014, 656-663 (LINK) - Insider Trading, An exercise in (economic and legal) transplants
Revue Trimestrielle de Droit Financier (RTDF) No 4 2013/No 1 2014, 35 - Zum Begriff der Insiderinformation nach dem Entwurf für eine Marktmissbrauchsverordnung
(How to interpret “Inside information” according to the proposal for the Regulation on Market Abuse)
NZG 2013, 1401-1406 (LINK) - Anlegerschutz – Ein Bericht zu theoretischen Prämissen und legislativen Instrumenten
(Investor Protection – A report on theoretical premises and legislative instruments)
ZHR 177 (2013), 679-701 (LINK) - Vorstandshaftung und Legalitätspflicht in regulierten Branchen
(Board liability and the duty of legality in regulated industries)
ZBB 2013, 16-23 (LINK) - Bausteine eines Bankgesellschaftsrechts – Zur Stellung des Aufsichtsrats in Finanzinstituten
(Building blocks of a corporate law for banks – the position of the supervisory board in financial institutions)
ZHR 176 (2012), 652-668 (LINK) - Zentrale Akteure der Corporate Governance: Zusammensetzung des Aufsichtsrats
(Central actors of corporate governance: the composition of the supervisory board)
ZGR 2012, 314-342 (LINK) - Der „vernünftige Anleger“ vor dem EuGH – Zu den Schlussanträgen des GA Mengozzi in der Sache „Schrempp“
(The “reasonable investor” before the ECJ – on Advocate General Mengozzi’s opinion in Schrempp)
BKR 2012, 145-149 (LINK) - Frauenquote und Gesellschaftsrecht
(On gender diversity in corporate boards)
JZ 2011, 1038-1046 (LINK) - With Guido Friebel
Die Institutsvergütungsverordnung: Ist Verantwortung für Misserfolge im Finanzsektor möglich?
(On executive remuneration in banks: How to make executives accountable for failures)
GWR 2011, 103-105 (LINK) - With Andreas Hackethal and Steffen Meyer
Verbraucherschutz durch Leistungstransparenz in der Anlageberatung
(Consumer protection through performance transparency in investment advice)
Sonderheft 61/10 ZfbF (Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung), 108-121 (LINK) - With Sebastian Brenner and Marcel Gellings
Zur Nutzung von Insiderinformationen nach der Marktmissbrauchsrichtlinie
(On the “use” of inside information under the Market Abuse Directive)
BKR 2010, 133-136 (LINK) - The ‘use or possession’ debate revisited – Spector Photo Group and insider trading in Europe
Capital Markets Law Journal 5 (2010), 452-470 (LINK) - Bankaktienrecht unter Unsicherheit
(Corporate law of banks under conditions of uncertainty)
ZGR 2010, 75-112 (LINK) - Kredithandel nach dem Risikobegrenzungsgesetz
(Loan trading under the Risk Limitation Act)
NJW 2008, 3169-3173 (LINK) - The Draft Common Frame of Reference – Agency Authority and Its Scope – A Glance at Corporation Law
European Review of Contract Law 4 (2008), 375-388 (LINK) - Wettbewerbsverbote, Unabhängigkeit und die Stellung des Aufsichtsratsmitglieds
(Non-compete obligations, independence and the position of the supervisory board member)
ZGR 2007, 571-601 (LINK) - Zum „prospective overruling“ im britischen Kreditsicherungsrecht
(On “prospective overruling” in British security law)
ZEuP 2006, 854-868 (LINK) - Vereinbarungen über den Zinssatz – zugleich eine Anmerkung zu Nr. 5 und Nr. 6 der neuen Bedingungen für den gewerblichen Musterdarlehensvertrag
(Judicial control of agreements on interest rates)
BKR 2005, 134-142 (LINK) - Vorstandshandeln und Kontrolle: Zu einigen Neuerungen durch das UMAG
(Management action and control: on some innovations introduced by the UMAG)
Special edition GesRZ 2005, 3 = DStR 2005, 2083-2090 (LINK) - Kapitalerhaltung und Kapitalmarkthaftung
(Capital preservation and liability in capital markets law)
ZIP 2005, 239-245 (LINK) - Zusatzkreditkarten – Haftungsrisiko ohne Ende? Zur dogmatischen Einordnung von "Partnerkarten"
(Credit cards for partners – liability for fraud)
NJW 2004, 3522-3524 (LINK) - Einführung in das Recht der Aktiengesellschaft
(Introduction to the law of the stock corporation)
JURA 2004, 577-584 - Grundfälle zum Recht der Gesellschaft mit beschränkter Haftung
(Basic cases on the law of the limited liability company)
JuS 2004, 387, 478 and 581 - Zur Rechtsfolge der verdeckten Sacheinlage bei der GmbH, Zugleich eine Anmerkung zu BGH v. 7.7.2003, II ZR 235/01
(On the legal consequences of hidden contributions in kind in the GmbH – with a note on BGH, 7 July 2003, II ZR 235/01)
DStR 2003, 1838-1844 (LINK) - Zum Tatbestand der verdeckten Sacheinlage bei der GmbH
(On the elements of the hidden contribution in kind in the GmbH)
NZG 2003, 211-212 (LINK) - Rechtsprechung mit Wirkung für die Zukunft
(Prospective overruling in German courts)
JZ 2003, 1132-1140 (LINK) - Der praktische Fall – Bürgerliches Recht: Vertragsrechtliche Probleme des Franchisings (Klausur)
(Practical case – civil law: contract-law problems of franchising (exam))
JuS 2003, 572-576 (LINK) - Zur Zulässigkeit parlamentsersetzender Normgebungsverfahren im Europarecht
(On the permissibility of rule-making procedures replacing parliament in European law)
ZEuP 2002, 265-286 (LINK) - Das Dezisionismusargument in der deutschen und in der US-amerikanischen Rechtstheorie
(The argument from decisionism in German and Anglo-American legal theory)
ARSP 88 (2002), 398-406 (LINK) - Der Wiedereinstellungsanspruch des Arbeitnehmers beim Betriebsübergang
(The employee’s claim to re-employment in the event of a transfer of undertaking)
ZfA 1999, 299-328 (LINK) - Argument by Analogy in European Law
The Cambridge Law Journal 57 (1998), 481-521 (LINK) - Risikohaftung und Schutzpflichten im innerbetrieblichen Schadensausgleich
(Risk allocation and duties to protect employees in employers’ liability cases)
ZfA 1997, 523-556 (LINK) - Zur Rolle des Richters in der anglo-amerikanischen Rechtstheorie
(The role of judges in Anglo-American legal theory)
Rechtstheorie 25 (1994), 392-411
translated by Prof. Dr. Byun, Jong-Pil, Inje University of Korea, published in: Korean Legal Philosophy Research 2003, May issue (LINK)
Books
- Aktien- und Kapitalmarktrecht. Ein Studienbuch (Juristische Kurz-Lehrbücher)
(Stock corporation and capital markets law. A textbook)
5th ed. C.H. Beck, Munich 2022; 6th ed. in preparation (with Johannes Adolff) - Economic Transplants: On Lawmaking for Corporations and Capital Markets
Cambridge University Press, Cambridge 2017 (LINK) - Die Risikozuordnung im bargeldlosen Zahlungsverkehr
(Risk allocation in cashless payment transactions)
C.H. Beck, Munich 2001 (Münchener Universitätsschriften, Reihe der Juristischen Fakultät vol. 160) - Die Entwicklung und Auslegung von Richterrecht. Eine methodologische Untersuchung zur richterlichen Rechtsfortbildung im deutschen Zivilrecht
(Developing and interpreting judge-made law. A methodological inquiry into judicial law-making in German private law)
C.H. Beck, Munich 1996 (Münchener Universitätsschriften, Reihe der Juristischen Fakultät vol. 114)
Latvian translation: Tiesnešu tiesību attīstība un iztulkošana, Tiesu Namu Aģentūra, Riga 2005
Chapters in Books
- Zur Definition des Begriffs „Systemrisiko“ im finanzaufsichtsrechtlichen Bereich
(On the definition of the concept of “systemic risk” in financial supervisory law)
in: von Ungern-Sternberg/Raue/Kumkar/Rüfner (Eds.), Systemische Risiken im digitalen Zeitalter, Schriften des IRDT | Trier Studies on Digital Law vol. 5, Verein für Recht und Digitalisierung e.V. (IRDT), Trier 2026, pp. 29-32, (PDF) - Plus ça change – Rechtsvergleichende Bemerkungen zum Insiderhandel mit Kryptowerten
(Plus ça change – comparative remarks on insider trading in crypto-assets)
in: Bayer/Krieger/Löbbe (Eds.), Festschrift für Jochem Reichert zum 70. Geburtstag, Otto Schmidt, Cologne 2026, pp. 637-653 - Die SEPA-Echtzeitüberweisung im globalen Wettbewerb der Zahlungsmittel
(The SEPA instant credit transfer in the global competition among means of payment)
in: Bayer/Fleischer/Habersack/Klöhn/Leistner/Münch/Veil/Wiebe/Zech (Eds.), In publica commoda. Gedächtnisschrift für Gerald Spindler, C.H. Beck, Munich 2026, pp. 435-448 - Finanzprofiler als trusted intermediary
(Financial profilers as trusted intermediaries)
in: Krieger/Lieder/Reichert/Schmid (Eds.), Festschrift für Walter Bayer zum 70. Geburtstag, Otto Schmidt, Cologne 2026, pp. 585-600 - Groupthink and the Law: Shaping, Nudging, Enabling
in: Masson/Do Carmo Silva/Bouthinon-Dumas (Eds.), The Oxford Handbook of Law and Management, Oxford University Press, Oxford 2026, pp. 449-464 (LINK) - Stablecoin Regulation – A Comparative Glance at U.S. and EU law
in: Gortsos/Lastra (Eds.), Liber Amicorum in Memory of Cynthia Lichtenstein: International, Regional and Comparative Financial and Monetary Law, European Banking Institute (EBI eBook Series), July 2026, pp. 249-271, (PDF) - Explainable AI as a Component of Building Trust. The Case of Regulating Creditscoring
in: Bücker/Düwell/Kaminski/Leyer (Eds.), Trust, Responsibility, and Digital Governance. Regulation of AI and Blockchain Technology from a Capacity-Based Perspective, transcript, Bielefeld 2025, pp. 189-205 (PDF) - The surprising Impotence of Anti-Discrimination Law in the Age of AI … and a comment on Art. 6 Directive 2023/2225 on Credit Agreements for Consumers
in: Spiecker gen. Döhmann/Burchard (Eds.), Algorithmic Transformation and Diffusion of Power: Trust, Conflict, Uncertainty and Control, Nomos, Baden-Baden 2025, pp. 61-90 (LINK) - Kapitalmarktrecht, Informationseffizienz und soziale Medien
(Capital markets law, informational efficiency and social media)
in: Möslein/Hinz (Eds.), Digitale Unternehmenskommunikation, Mohr Siebeck, Tübingen 2025, pp. 53-78 - Artificial Intelligence and Financial Services
in: Smuha (Ed.), The Cambridge Handbook of the Law, Ethics and Policy of Artificial Intelligence, Cambridge University Press, Cambridge 2025, pp. 322-338 (LINK) - Kreditscoring und Datenschutz
(Credit scoring and data protection)
in: Mand/Oster/Taylor/Walter/Zagouras (Eds.), Wirtschaft – Medien – Digitalisierung, FS Georgios Gounalakis, Nomos, Baden-Baden 2025, pp. 711-726 (PDF) - Insider trading in Europe: from financial instruments to crypto-assets
in: Bainbridge (Ed.), Research Handbook on Insider Trading, 2nd ed., Edward Elgar, Cheltenham/Northampton 2025, pp. 301-326 (LINK) - With Thomas Kremer
Einfluss von Digitalisierung und KI auf das Aktienrecht
(The impact of digitalisation and AI on stock corporation law)
in: Gesellschaftsrechtliche Vereinigung (Ed.), Reformbedarf im Aktienrecht. Vorschläge für eine große Aktienrechtsreform, Schriftenreihe der Gesellschaftsrechtlichen Vereinigung vol. 30, Otto Schmidt, Cologne 2024, § 3, pp. 70-92 (LINK) - Ownership and Trust, A corporate law framework for board decision-making in the age of AI
in: Marchetti/Rossi/Strampelli/Urbani/Ventoruzzo (Eds.), La s.p.a. nell’epoca della sostenibilità e della transizione tecnologica, Atti del convegno di Venezia (10-11 November 2023), Rivista delle società – Monografie, Giuffrè, Milan 2024, pp. 115 et seqq. - Regulatory Arbitrage and Stablecoins
in: Donald/Haag/Paech (Eds.), Nationales und Internationales Kapitalmarkt- und Gesellschaftsrecht, FS Andreas Cahn, C.H. Beck, Munich 2024, pp. 249-260 - KI in der Leitungsentscheidung des Vorstands der Aktiengesellschaft
(AI in management decisions of the executive board of the stock corporation)
in: Florstedt/Vervessos (Eds.), Wirtschaftsrecht in Zeiten der Krise, Duncker & Humblot, Berlin 2024, pp. 175-198 (LINK) - With Martin Gelter
Aktionärsrechte und -aktivismus in Deutschland und den USA
(Shareholder rights and activism in Germany and the US)
in: Hommelhoff/Hopt/Leyens (Eds.), Unternehmensführung durch Vorstand und Aufsichtsrat. Aktien-, Kapitalmarkt- und Bilanzrecht, Corporate Governance – Handbuch, C.H. Beck, Munich 2024, § 38, pp. 955-980; 2nd ed. tbp in 2027 (LINK) - Die Barkapitalerhöhung als Prinzipal-Agent Konflikt
(The cash capital increase as a principal-agent conflict)
in: Deckenbrock/Höpfner/Kilian/Markworth/Sittard (Eds.), Arbeit, Wirtschaft, Recht, FS Martin Henssler, C.H. Beck, Munich 2023, pp. 1031-1042 - With Philipp B. Donath
Europarechtliche Methodenlehre
(European legal methodology)
in: Langenbucher (Ed.), Europäisches Privat- und Wirtschaftsrecht (European Private and Business Law), 5th ed. Nomos, Baden-Baden 2022, § 1, pp. 25-78 (1st and 2nd ed. appeared under the title Europarechtliche Bezüge des Privatrechts); 6th ed. (with Lucia Franke) tbp in 2026 - AI credit scoring and evaluation of creditworthiness – a test case for the EU proposal for an AI Act
in: Continuity and change – how the challenges of today prepare the ground for tomorrow, ECB Legal Conference 2021, European Central Bank, Frankfurt am Main, April 2022, pp. 362-390, (PDF) - With Piotr Rataj and Lukas Vossen
Rechtliche Grundlagen der Investor Relations und Finanzkommunikation
(Legal foundations of investor relations and financial communication)
in: Hoffmann/Schiereck/Zerfaß (Eds.), Handbuch Investor Relations und Finanzkommunikation, Springer Gabler, Wiesbaden 2022, pp. 85-106 - With Patrick Corcoran
Responsible AI Credit Scoring – A Lesson from Upstart.com
in: Avgouleas/Marjosola (Eds.), Digital Finance in Europe: Law, Regulation, and Governance, European Company and Financial Law Review Special Volume 5, De Gruyter, Berlin/Boston 2022, pp. 141-180 (LINK) - Zur Architektur der Kontrolle von Aktiengesellschaften von öffentlichem Interesse – eine Überlegung zu Wirecard
(On the control architecture of public-interest entities – some thoughts on Wirecard)
in: Paal/Poelzig/Fehrenbacher (Eds.), Deutsches, Europäisches und Vergleichendes Wirtschaftsrecht, FS Werner F. Ebke, C.H. Beck, Munich 2021, pp. 573-584 - Besitzeffekte – ein methodisches Lehrstück zu transdisziplinären Klischees
(Endowment effects – a methodological lesson on transdisciplinary clichés)
in: Dutzi/Gros/Nowak/Roese (Eds.), Corporate Governance, Rechenschaft und Abschlussprüfung, FS Hans-Joachim Böcking, C.H. Beck, Munich 2021, pp. 145-154 - Die Compliance-Weisung des § 13 Abs. 2 VerSanG-E
(The compliance instruction under Section 13(2) of the draft Corporate Sanctions Act)
in: Dauner-Lieb/Hennrichs/Henssler/Liebscher/Morell/Müller/Schlitt (Eds.), FS Barbara Grunewald, Otto Schmidt, Cologne 2021, pp. 611-626 - With Fizza Hasan
GameStop – A Case for Empowering Retail Investors? A Comparative Glance at the U.S. and the EU
in: Tölle/Benedict/Koch/Klawitter/Paulus/Preetz (Eds.), Selbstbestimmung: Freiheit und Grenzen, FS Reinhard Singer zum 70. Geburtstag, Berliner Wissenschafts-Verlag, Berlin 2021, pp. 399-414 - With Johannes Adolff
Kreditscoring: von Auskunfteien zu künstlicher Intelligenz
(Credit scoring: from credit bureaus to artificial intelligence)
in: Hoffmann-Becking/Hommelhoff (Eds.), FS Gerd Krieger, C.H. Beck, Munich 2020, pp. 1-14 - Financial Rewards for Whistleblowing and Motivation Crowding Theory – A Lesson from Psychology for Transposing EU Directive 2019/1937
in: Bachmann/Grundmann/Mengel/Krolop (Eds.), FS Christine Windbichler, De Gruyter, Berlin/Boston 2020, pp. 1379-1396 (PDF) - Une langue commune du droit et de l’économie ? Sur les transferts hétérogènes
(A common language of law and economics? On heterogeneous transplants)
in: Muir Watt/Bíziková/Brandão de Oliveira/Fernández Arroyo/Ma (Eds.), Le tournant global en droit international privé, Éditions A. Pedone, Paris 2020, pp. 423-434 - With Johannes Adolff
Kapitalmarktunion und marktindizierte Aktionärsrechte
(Capital Markets Union and market-indexed shareholder rights)
in: Grundmann/Merkt/Mülbert (Eds.), FS Klaus J. Hopt, De Gruyter, Berlin/Boston 2020, pp. 675-694 - Der Aufsichtsrat in Kreditinstituten
(The supervisory board in credit institutions)
in: Hopt/Binder/Böcking (Eds.), Handbuch Corporate Governance von Banken und Versicherungen, 2nd ed., Vahlen, Munich 2020, § 13, pp. 367-388 - Das insiderrechtliche Handelsverbot – Zur Geschichte eines Verbotstatbestands und zur Kodifikation von Rechtsprechung
(The insider trading prohibition – on the history of a prohibition and the codification of case law)
in: Klöhn/Mock (Eds.), FS 25 Jahre WpHG, Entwicklung und Perspektiven des deutschen und europäischen Wertpapierhandelsrecht, De Gruyter, Berlin/Boston 2019, pp. 551-566 - Vorüberlegungen zur Reformbedürftigkeit des deutschen Wertpapierbegriffs aus Anlass von „initial coin offerings“
(Preliminary thoughts on the need to reform the German concept of securities in light of “initial coin offerings”)
in: Bergmann/Hoffmann-Becking/Noack (Eds.), Recht und Gesetz, FS Ulrich Seibert, Otto Schmidt, Cologne 2019, pp. 525-542 - Capital Markets Union and Virtual Funding: Initial Coin Offerings, Tokens, and Digital Corporations
in: Allen/Faia/Haliassos/Langenbucher (Eds.), Capital Markets Union and Beyond, MIT Press, Cambridge (MA)/London 2019, pp. 215-226 - Training for Temptation – Thoughts on a Law School Class
in: Boele-Woelki/Faust/Jacobs/Kuntz/Röthel/Thorn/Weitemeyer (Eds.), FS Karsten Schmidt, vol. I, C.H. Beck, Munich 2019, pp. 783-798 - A common language of law and economics? Integrating economic transplants into the legal web
in: Muir Watt/Bíziková/Brandão de Oliveira/Fernández Arroyo (Eds.), Global Private International Law. Adjudication without Frontiers, Edward Elgar, Cheltenham/Northampton 2019, pp. 351-360 - With Johannes Adolff and Christina Skinner
State-owned Financial Institutions
in: Busch/Ferrarini/van Solinge (Eds.), Governance of Financial Institutions, Oxford University Press, Oxford 2019, ch. 14, pp. 326-357 - Die Einflussnahme von Aktionären auf die Zusammensetzung des Vorstands
(Shareholder influence on the composition of the management board)
in: Dreher/Mülbert/Verse/Drescher (Eds.), FS Alfred Bergmann, De Gruyter, Berlin/Boston 2019, pp. 443-456 - With Benedikt Lerp and Jan-Niklas Mack
Zahlungsverkehr
(Payment transactions)
in: Kunschke/Schaffelhuber (Eds.), FinTech, Grundlagen – Regulierung – Finanzierung – Case Studies, Erich Schmidt Verlag, Berlin 2018, pp. 69-94 - Hedge Fund Activism in Germany and the US – on Convergence, Differences and Normative Reasoning
in: Siekmann (Ed.), FS Theodor Baums, vol. I, Mohr Siebeck, Tübingen 2017, pp. 743-760 - Bemerkungen zum ‚naturalistischen Fehlschluss‘
(Remarks on the ‘naturalistic fallacy’)
in: Saliger (Ed.), Rechtsstaatliches Strafrecht, FS Ulfrid Neumann, C.F. Müller, Heidelberg 2017, pp. 247-256 - Dogmatik, Falsifikation und zwei Perspektiven auf die Rechtswissenschaft
(Doctrine, falsification and two perspectives on legal scholarship)
in: Auer/Grigoleit/Hager/Herresthal/Hey/Koller/Langenbucher/Neuner/Petersen/Riehm/Singer (Eds.), Privatrechtsdogmatik im 21. Jahrhundert, FS Claus-Wilhelm Canaris, De Gruyter, Berlin/Boston 2017, pp. 219-240 - Die regulierte Aktiengesellschaft – ein Beitrag zur Entstehung von Bankgesellschaftsrecht
(The regulated stock corporation – a contribution to the emergence of bank corporate law)
in: Kalss/Torggler (Eds.), Compliance. Beiträge zum 4. Wiener Unternehmensrechtstag (2015), MANZ, Vienna 2016, pp. 25-36 - Do we need a law of corporate groups?
in: Fleischer/Kanda/Kim/Mülbert (Eds.), German-Asian Perspectives on Company Law, 2016, pp. 355-372 - Sein und Schein im Überweisungsrecht – Zur Geltung von Rechtsscheingrundsätzen bei der Autorisierung des Überweisungsauftrags sowie im Bereicherungsausgleich
(Appearance and reality in credit transfer law – on apparent-authority principles in the authorisation of transfer orders and in restitution)
in: Casper/Klöhn/Roth/Schmies (Eds.), FS Johannes Köndgen, RWS Verlag, Cologne 2016, pp. 383-396 - Household finance and the law – a case study on economic transplants
in: Faia/Hackethal/Haliassos/Langenbucher (Eds.), Financial Regulation: A Transatlantic Perspective, Cambridge University Press 2015, pp. 313-335 - (No) market for corporate governance? Related party transactions and shareholder approval rights
in: Stumpf/Kainer/Baldus (Eds.), Privatrecht, Wirtschaftsrecht, Verfassungsrecht, Privatinitiative und Gemeinwohlhorizonte in der europäischen Integration, FS Peter-Christian Müller-Graff, Nomos, Baden-Baden 2015, pp. 312-318 - A market for institutional investors?
in: Hilbig-Lugani/Jakob/Mäsch/Reuß/Schmid (Eds.), Zwischenbilanz, FS Dagmar Coester-Waltjen, Gieseking, Bielefeld 2015, pp. 1147-1152 - Anlegerschutz durch Haftung nach deutschem und europäischem Kapitalmarktrecht
(Investor protection through liability under German and European capital markets law)
in: Lorenz (Ed.), Karlsruher Forum 2014: Anlegerschutz durch Haftung nach deutschem und europäischem Kapitalmarktrecht, Schriftenreihe der Zeitschrift Versicherungsrecht (VersR) vol. 55, Verlag Versicherungswirtschaft, Karlsruhe 2015, pp. 5-40 - Finanzinnovationen, Geschäftsleiterhaftung und Corporate Governance in regulierten Branchen
(Financial innovations, management liability and corporate governance in regulated industries)
in: Möslein (Ed.), Finanzinnovation und Rechtsordnung, Schulthess, Zurich 2014, pp. 272-288 - Rechtsermittlungspflichten und Rechtsbefolgungspflichten des Vorstands – Ein Beitrag zur aktienrechtlichen Legalitätspflicht
(Duties of the management board to ascertain and to comply with the law – a contribution to the duty of legality under stock corporation law)
in: Bitter/Ott/Schimansky (Eds.), Bankgeschäfte zwischen Markt, Regulierung und Insolvenz, FS Hans-Jürgen Lwowski, C.H. Beck, Munich 2014, pp. 333-350 - With Kosmas Kaprinis
Private enforcement of investor protection – Is private law up for the challenge? A glance at the United Kingdom
in: Fachbereich Rechtswissenschaft der Goethe-Universität Frankfurt am Main (Ed.), 100 Jahre Rechtswissenschaft in Frankfurt. Erfahrungen, Herausforderungen, Erwartungen, Vittorio Klostermann, Frankfurt am Main 2014, pp. 483-500 - Vorstandsvergütung – zwischen Vertragsrecht und „say on pay“
(Executive remuneration – between contract law and “say on pay”)
in: Tröger/Karampatzos (Eds.), Gestaltung und Anpassung von Verträgen in Krisenzeiten, Mohr Siebeck, Tübingen 2014, pp. 137-154 - Insider Trading in European Law
in: Bainbridge (Ed.), Research Handbook on Insider Trading, Edward Elgar 2013, pp. 429-448 - Aufsichtsratsmitglieder in Kreditinstituten: Rechte, Pflichten und Haftungsregeln
(Supervisory board members in credit institutions: rights, duties and liability rules)
in: Hölscher/Altenhain (Eds.), Handbuch Aufsichts- und Verwaltungsräte in Kreditinstituten (Handbook on supervisory boards in credit institutions), Erich Schmidt Verlag, Berlin 2013, pp. 3-26 - Stimmrechtsberater
(Proxy advisors)
in: Krieger/Lutter/Schmidt (Eds.), FS Michael Hoffmann-Becking, C.H. Beck, Munich 2013, pp. 733-746 - Zur rechten Konkretisierung angemessener Vorstandsbezüge – Kapitalmarktrecht oder Verbandsrecht?
(On the proper determination of appropriate executive remuneration – capital markets law or company law?)
in: Burgard/Hadding/Mülbert/Nietsch/Welter (Eds.), FS Uwe H. Schneider, Otto Schmidt, Cologne 2011, pp. 751-762 - Zur Auflösung von Systemspannungen zwischen Bankaufsichtsrecht und Privatrecht
(On resolving systemic tensions between banking supervisory law and private law)
in: Grundmann et al. (Eds.), Unternehmen, Markt und Verantwortung, FS Klaus J. Hopt, vol. 2, De Gruyter, Berlin/New York 2010, pp. 2175-2188 - Prospektive Rechtsprechungsänderungen im französischen Recht
(Prospective overruling in French law)
in: Apathy/Bollenberger/Bydlinski/Iro/Karner/Karollus (Eds.), FS Helmut Koziol, Jan Sramek Verlag, Vienna 2010, pp. 1411-1422 - Zur Konkretisierung des Marktmanipulationstatbestandes
(Specifying the offence of market manipulation)
in: Nobbe/Habersack/Joeres/Krämer (Eds.), Entwicklungslinien im Bank- und Kapitalmarktrecht, FS Gerd Nobbe, RWS Verlag, Cologne 2009, pp. 681-690 (LINK) - Kausalitätsbeziehungen bei der Einschaltung von Finanzintermediären – Zur Haftung für fehlerhafte Kapitalmarktinformation
(Causation where financial intermediaries are involved – on liability for defective capital market information)
in: Bitter/Lutter/Priester/Schön/Ulmer (Eds.), FS Karsten Schmidt, Otto Schmidt, Cologne 2009, pp. 1053-1064 - Zinshöhe und Äquivalenzverhältnis beim gewerblichen Darlehensvertrag
(Interest rate and equivalence in commercial loan agreements)
in: Aderhold/Grunewald/Klingberg/Paefgen (Eds.), FS Harm Peter Westermann, Otto Schmidt, Cologne 2008, pp. 399-414 - With Johannes Adolff
Zur Zulässigkeit der Direktliquidation in Dreipersonenverhältnissen
(On the admissibility of direct liquidation in three-party relationships)
in: Heldrich/Koller/Prölss (Eds.), FS Claus-Wilhelm Canaris, vol. 1, C.H. Beck, Munich 2007, pp. 679-698 - Die bereicherungsrechtliche Rückforderung unangemessener Vorstandsbezüge
(Recovery of inappropriate executive remuneration under the law of unjust enrichment)
in: Baums/Wertenbruch (in association with Lutter/K. Schmidt) (Eds.), FS Ulrich Huber, Mohr Siebeck, Tübingen 2006, pp. 861-870 - Zeit für einen Abschied von der Genehmigungstheorie bei der Lastschriftzahlung?
(Time to abandon the authorisation theory for direct debit payments?)
in: Geiss/Gerstenmaier/Winkler/Mailänder (Eds.), FS Karl Peter Mailänder, De Gruyter, Berlin 2006, pp. 21-32 - Vertrauensenttäuschung durch Rechtsprechungsänderungen im deutschen und im englischen Zivilrecht
(Disappointed reliance through changes in case law in German and English private law)
in: Berger/Borges/Herrmann/Schlüter/Wackerbarth (Eds.), Zivil- und Wirtschaftsrecht im Europäischen und Globalen Kontext / Private and Commercial Law in a European and Global Context, FS Norbert Horn, De Gruyter, Berlin 2006, pp. 1179-1198 - Zivilrechtliche Gestaltungsmöglichkeiten von Kreditverträgen
(Private-law structuring options for loan agreements)
in: Achleitner/Everling (Eds.), Rechtsfragen im Rating, Grundlagen und Implikationen von Ratings für Agenturen, Investoren und geratete Unternehmen, Gabler, Wiesbaden 2005, pp. 185-200 - Zum Bereicherungsausgleich im Überweisungsrecht
(Restitution in the law of credit transfers)
in: Lorenz/Trunk/Eidenmüller/Wendehorst/Adolff (Eds.), FS Andreas Heldrich, C.H. Beck, Munich 2005, pp. 285-296 - Umsetzung von Basel II gegenüber dem Kunden, insbesondere beim internen Rating
(Implementing Basel II vis-à-vis the customer, in particular in internal ratings)
in: Bankrechtliche Vereinigung (Ed.), Internes und externes Rating. Aktuelle Entwicklungen im Recht der Kreditsicherheiten – national und international. Bankrechtstag 2004, Schriftenreihe der Bankrechtlichen Vereinigung vol. 24, De Gruyter Recht, Berlin 2005, pp. 63-82 - Recht und Zeit – eine Untersuchung zur Wirkung von Rechtsprechungsänderungen im Privatrecht
(Law and time – an inquiry into the effects of changes in case law in private law)
in: Alexy (Ed.), Juristische Grundlagenforschung. Tagung der Deutschen Sektion der Internationalen Vereinigung für Rechts- und Sozialphilosophie (IVR) vom 23.-25. September 2004 in Kiel, ARSP Beiheft 104, Franz Steiner Verlag, Stuttgart 2005, pp. 55-70 - Die Lösung vom Darlehensvertrag
(Termination of loan agreements)
in: Dauner-Lieb/Konzen/K. Schmidt (Eds.), Das neue Schuldrecht in der Praxis, Akzente – Brennpunkte – Ausblick, Carl Heymanns Verlag, Cologne 2003, pp. 569-588 - Schutz- und Neutralitätspflichten in Zahlungssystemen
(Duties to protect and duties to stay neutral in payment systems)
in: Kontinuität im Wandel der Rechtsordnung, Beiträge für Claus-Wilhelm Canaris zum 65. Geburtstag, C.H. Beck, Munich 2002, pp. 65-82 - Vorüberlegungen zu einer Europarechtlichen Methodenlehre
(Preliminary considerations on a methodology of European law)
in: Ackermann et al. (Eds.), Jahrbuch junger Zivilrechtswissenschaftler 1999, Tradition und Fortschritt im Recht, Bonner Tagung 8.-11. September 1999, Richard Boorberg Verlag, Stuttgart/Munich/Hannover/Berlin/Weimar/Dresden 2000, pp. 65-84
Legal Commentary
- With Jasper Kunstreich
Legal commentary of the preliminary remarks to sections 182 et seqq. and of sections 182, 183, 183a, 184, 187, 188, 189, 191 AktG
(Commentary on the German and European law of share capital increases)
in: Hirte/Mülbert/Roth (Eds.), Großkommentar AktG, 5th ed., vol. 9 (sections 179-201), De Gruyter, Berlin/Boston 2024 - Legal commentary of sections 291-299, 308-310 AktG
(Commentary on the German law of corporate groups)
in: K. Schmidt/Lutter (Eds.), AktG Kommentar, 5th ed. Otto Schmidt, Cologne 2024, vol. 2, pp. 3991-4102 and pp. 4261-4290; 6th ed. (K. Schmidt/Bayer/Vetter (Eds.)) tbp in January 2027 - Legal commentary of sections 355-357, 363-365 HGB; since the 5th ed. also section 354a HGB
(Commercial and banking law)
in: Drescher/Fleischer/K. Schmidt (Eds.), Münchener Kommentar zum HGB, vol. 5, 3rd ed. Munich 2013; 4th ed. Munich 2018; 5th ed. Munich 2021; 6th ed. Munich 2025, C.H. Beck - Legal commentary of sections 675j-676c BGB (law of payment services)
Virtuelle Währungen – Einführung (Virtual currencies – introduction)
in: Langenbucher/Bliesener/Spindler (Eds.), Bankrechts-Kommentar, 1st ed. Munich 2013; 2nd ed. Munich 2016; 3rd ed. Munich 2020, C.H. Beck; 4th ed. (Langenbucher/Bliesener/Möslein (Eds.)) tbp in February 2027 (with Felix Konow) - Kreditsicherung und Aufsichtsrecht (Credit security and supervisory law)
in: Lwowski/Fischer/Langenbucher (Eds.), Das Recht der Kreditsicherung (The law of credit security), 9th ed. Erich Schmidt Verlag, Berlin 2011, § 8, pp. 230-252 - § 1 Die Überweisung (The credit transfer)
§ 7 Einführung: Die Abrechnung im Interbankenverkehr (Introduction: settlement in interbank transactions)
in: Langenbucher/Gößmann/Werner (Eds.), Zahlungsverkehr, Handbuch zum Recht der Überweisung, Lastschrift, Kreditkarte und der elektronischen Zahlungsformen (Handbook on payment systems), C.H. Beck, Munich 2004
Blog Posts
- AI Gatekeepers
Oxford Business Law Blog, 29 June 2026, (PDF) - AI Judgment Rule(s)
Oxford Business Law Blog, 9 July 2024, (PDF)
and NYU Program on Corporate Compliance and Enforcement, 10 December 2024, (PDF) - Ownership and Trust – A Corporate Law Framework for Board Decision-making in the Age of AI
Oxford Business Law Blog, 17 April 2024, (PDF) - The European Court of Justice Tightens the Requirements for Credit Scoring under the GDPR
NYU Program on Corporate Compliance and Enforcement, 8 December 2023, (PDF) - With Joe Jones, Thomas Streinz and Trisha Sircar
Privacy Experts React to Meta’s 1.2 Billion Euro Data Transfer Fine
NYU Program on Corporate Compliance and Enforcement, 26 May 2023, (PDF) - Consumer Credit in The Age of AI – Beyond Anti-Discrimination Law
Oxford Business Law Blog, 9 March 2023, (PDF) - Explaining MiCA: Part of the EU’s Approach to Crypto and Digital Asset Regulation
NYU Program on Corporate Compliance and Enforcement, 9 March 2023, (PDF) - Regulating AI – The Next “Brussels Effect”?
NYU Program on Corporate Compliance and Enforcement, 6 December 2022, (PDF) - Artificial Intelligence and the “S” in ESG
ECGI Blog, September 2022, (PDF) - Did the German stakeholder model fail in Wirecard and Volkswagen?
ECGI Blog, May 2022, (PDF) - With Jan Pieter Krahnen, Christian Leuz and Loriana Pelizzon
Wirecard Scandal: When All Lines of Defense Against Corporate Fraud Fail
Oxford Business Law Blog, 23 November 2020 (first published on ProMarket, 6 November 2020), (PDF) - European Parliament Adopts New Whistleblower Directive
NYU Program on Corporate Compliance and Enforcement, 15 August 2019, (PDF) - Sustainable Finance and ESG reporting – EU pushing ahead, SEC cautious
NYU Program on Corporate Compliance and Enforcement, 29 November 2018, (PDF) - Shareholder Activism, Institutions of Corporate Governance and Re-reading Roe
Oxford Business Law Blog, 22 January 2017, (PDF)
Working Papers
- With Tatiana Farina, Günter Franke, Felix-Julius Konow, Jan Pieter Krahnen, Vincent R. Lindner, Erik Lüders, Max Straka and Jasper von der Decken
MiCAR Review: Same Regulatory Goals, Better Instruments
SAFE White Paper No. 123, October 2026 (PDF) - Stablecoin Regulation – A Comparative Glance at U.S. and EU law
SAFE White Paper No. 120, August 2026 (PDF) - AI Gatekeepers
ECGI Law Working Paper No. 932/2026, May 2026 (PDF) - With Kevin Bauer, Lucia Franke & Andrej Gill
Institutionalizing Explainability in Credit Scoring
SAFE Policy Letter No. 114, May 2026 (PDF) - With Kevin Bauer
Agentic AI, Corporate Communication, and Market Integrity
SAFE Policy Letter No. 113, May 2026 (PDF) - With Kevin Bauer, Lucia Franke & Andrej Gill
Institutionalizing Explainability: On Credit Scoring, AI, and Consumer Agency
SAFE White Paper No. 116, December 2025 (PDF) - With Florian Heider, Jan Pieter Krahnen, Vincent Lindner, Jonas Schlegel and Tobias Tröger
The Geopolitical Case for CMU and Two Different Pathways Toward Capital Market Integration
SAFE White Paper No. 102, April 2024 (PDF) - Ownership and Trust – A corporate law framework for board decision-making in the age of AI
ECGI Law Working Paper No. 758/2024, March 2024 (revised April 2025) (PDF) - Gruppendenken und Corporate Governance – illustriert am Beispiel des Wirecard-Skandals
(Groupthink and corporate governance – illustrated by the Wirecard scandal)
SAFE White Paper No. 97, November 2023 (PDF) - KI in der Leitungsentscheidung des Vorstands der Aktiengesellschaft
(AI and executive board decision-making)
SAFE White Paper No. 96, August 2023 (PDF) - Consumer Credit in The Age of AI – Beyond Anti-Discrimination Law
ECGI Law Working Paper No. 663/2022, November 2022 (PDF) - With Ann-Katrin Kaufhold, Patrick Blank, Jan Pieter Krahnen
BaFin (in)dependence – A reform proposal
SAFE White Paper No. 82, March 2021 (PDF) - With Jan Pieter Krahnen, Christian Leuz and Loriana Pelizzon
What are the wider supervisory implications of the Wirecard case?
SAFE White Paper No. 74, November 2020 (PDF) - With Jan Pieter Krahnen
The Wirecard lessons: A reform proposal for the supervision of securities markets in Europe
SAFE Policy Letter No. 88, July 2020 (PDF) - Legal Aspects of Gender Balance on Corporate Boards in Germany
SAFE White Paper No. 2, March 2013 (PDF)
Commissioned Studies
- With Luis Videgaray, Philip Aghion, Barbara Caputo, Tracey Forrest, Anton Korinek, Hiroaki Miyamoto and Michael Wooldridge
Artificial Intelligence and Economic and Financial Policymaking. A High-Level Panel of Experts’ Report to the G7
December 2024 (PDF) - With Christian Leuz, Jan Pieter Krahnen and Loriana Pelizzon
What are the wider supervisory implications of the Wirecard case?
Study requested by the ECON Committee of the European Parliament (Economic Governance Support Unit), PE 651.385, November 2020, (PDF) - With Tobias Tröger, Lara Milione, Andreas Roth
EU Mapping 2017: Systematic overview on economic and financial legislation
Study requested by the ECON Committee of the European Parliament (Policy Department A), PE 607.325, July 2017, (PDF) - With Marcel Gellings and Kai Jungbluth
EU Mapping: Systematic overview on economic and financial legislation
Study requested by the ECON Committee of the European Parliament (Policy Department A), PE 518.770, May 2014 (also SAFE White Paper No. 18), (PDF) - Legal aspects of gender balance on corporate boards in Germany
Note requested by Policy Department C of the European Parliament, March 2013, (PDF) - With Andreas Hackethal and Roman Inderst (project leads), Steffen Meyer, Tilman Rochow, Bernd Skiera and Helmut Gründl
Messung des Kundennutzens der Anlageberatung (legal parts)
(Measuring the customer value of investment advice)
Scientific study commissioned by the German Federal Ministry of Food, Agriculture and Consumer Protection (BMELV), December 2011, (PDF)
Publishing Work
Published Journals (6)
- European Journal of Business Law / Europäische Zeitschrift für Wirtschaftsrecht (EuZW)/Revue Européenne de Droit Économique, C.H. Beck
- Zeitschrift für Bank- und Kapitalmarktrecht (BKR), C. H. Beck
- Corporate Finance Law (editorial advisory board), Handelsblatt (until 2013)
- Revue de droit bancaire et financier (Journal of Banking and Financial Law), LexisNexis, Paris
- Critical Quarterly for Legislation and Law – CritQ/Kritische Vierteljahresschrift für Gesetzgebung und Rechtswissenschaft – KritV/Revue Critique trimestrielle de jurisprudence et de législation – RCrit, Nomos (until 2020)
- Zeitschrift für das gesamte Handelsrecht und Wirtschaftsrecht (ZHR)
Co-editor (since 2021), Board of Editors (Schriftleitung, since July 2026)
Published Book Series (3)
- With Theodor Baums, Andreas Cahn, Brigitte Haar, Tobias Tröger, Peter von Wilmowsky and Manfred Wandt, Peter Lang Publishing, Lausanne
Frankfurter wirtschaftsrechtliche Studien (Frankfurt Studies in Business Law) - With Roland Broemel, Georg Hermes and Matthias Jahn
Gesamtes Recht der Unternehmen und Finanzen (Comprehensive Law of Companies and Finance), Nomos, Baden-Baden - Schriften zum Unternehmensrecht (Writings on Company Law), Peter Lang Publishing, Lausanne (discontinued in 2008)
Published Books (6)
- Langenbucher, European Regulation of Credit Scoring
The book covers the law of credit scoring, data protection, AI and consumer lending in 19 chapters, including EU law, selected EU countries, the UK, Switzerland and the US, along with six additional chapters delving deeper into specific research questions
Edward Elgar, forthcoming 2027 - With Franklin Allen, Ester Faia and Michael Haliassos
Capital Markets Union and Beyond
MIT Press, Cambridge (MA) 2019 - With Helmut Siekmann, Andreas Cahn, Tim Florstedt, Julia Redenius-Hövermann, Tobias Tröger and Ulrich Segna
FS Theodor Baums zum 70. Geburtstag
Mohr Siebeck, Tübingen 2017 - With Hans Christoph Grigoleit, Johannes Hager, Felix Christopher Hey, Jörg Neuner, Jens Petersen, Reinhard Singer, Marietta Auer, Carsten Herresthal and Thomas Riehm
Privatrechtsdogmatik im 21. Jahrhundert, FS Claus-Wilhelm Canaris zum 80. Geburtstag
De Gruyter, Berlin/Boston 2017 - With Ester Faia, Andreas Hackethal and Michael Haliassos
Financial Regulation: A Transatlantic Perspective
Cambridge University Press, Cambridge 2015 - With Andreas Heldrich, Jürgen Prölss, Ingo Koller, Hans Christoph Grigoleit, Johannes Hager, Felix Christopher Hey, Jörg Neuner, Jens Petersen and Reinhard Singer
FS Claus-Wilhelm Canaris zum 70. Geburtstag (2 vols.)
C.H. Beck, Munich 2007
Published Commentaries, Handbooks, and Textbooks (5)
- Siekmann/Langenbucher (Eds.), The European Monetary Union – A Commentary on the Legal Foundations, 2nd ed. Hart Publishing, Oxford, in preparation (1st ed. 2021, ed. by Helmut Siekmann; German original: Siekmann (Ed.), Kommentar zur Europäischen Währungsunion, Mohr Siebeck, Tübingen 2013), 2nd ed. tbp in 2028
- Langenbucher (Ed.), Europäisches Privat- und Wirtschaftsrecht (European Private and Business Law) (1st and 2nd ed. appeared under the title Europarechtliche Bezüge des Privatrechts), 5th ed. Nomos, Baden-Baden 2022; 6th ed. tbp in 2026
- Langenbucher/Bliesener/Spindler (Eds.), Bankrechts-Kommentar (Banking Law Commentary), 1st ed. Munich 2013; 2nd ed. Munich 2016; 3rd ed. Munich 2020, C.H. Beck; 4th ed. (Langenbucher/Bliesener/Möslein (Eds.)) tbp in February 2027
- Lwowski/Fischer/Langenbucher (Eds.), Das Recht der Kreditsicherung (The law of credit security), 9th ed. Erich Schmidt Verlag, Berlin 2011 (co-editor of the 9th edition only)
- Langenbucher/Gößmann/Werner (Eds.), Zahlungsverkehr, Handbuch zum Recht der Überweisung, Lastschrift, Kreditkarte und der elektronischen Zahlungsformen (Handbook on payment systems), C.H. Beck, Munich 2004
Case Notes
- Anmerkung zu BGH, Urt. v. 29.4.2008 – XI ZR 371/07 (LG Bonn)
(Case note: erroneous excess credit transfer)
ZJS 2008, 545-546, (PDF) - Anmerkung zu OLG Frankfurt a. M., Urt. v. 25.5.2004 – 8 U 84/04
(Case note: banking secrecy and the marketability of loan portfolios)
BKR 2004, 333 - Anmerkung zu BGH, Urt. v. 4.11.2002 – II ZR 204/00
(Case note: liability regime of the pre-incorporation GmbH)
JZ 2003, 626 - Anmerkung zu BGH, Urt. v. 24.9.2002 – XI ZR 420/01
(Case note: revocation of credit card payments)
BKR 2002, 1103 - Die Verteilung des Risikos des Kreditkartenmissbrauchs bei Distanzgeschäften
– BGH, Beschl. v. 25.9.2001 – XI ZR 375/00 und OLG Frankfurt a. M., Urt. v. 25.7.2001 – 19 U 3/01 – (Risk allocation and fraud in credit card payments)
BKR 2002, 119 - Anmerkung zu BAG, Urt. v. 17.9.1998 – 2 AZR 725/97
(Case note: social selection in redundancy dismissals)
SAE 1999, 44 - Anmerkung zu BAG, Urt. v. 13.11.1997 – 8 AZR 295/95
(Case note: the employee’s claim to re-employment)
SAE 1998, 145
Selected Solicited Lectures
- Wer kontrolliert die Notenbank? Unabhängigkeit zwischen Mandat und Demokratie
(Who controls the central bank? Independence between mandate and democracy)
Ringvorlesung: Die Zukunft der Sozialen Marktwirtschaft
Universität zu Köln
Cologne, 9 November 2026 - Cognitive Science and Global Corporate Governance
Biennial International Law & Social Sciences Conference
ICLP & ILASS of the American Society of International Law
UCLA School of Law
Los Angeles, 29-30 January 2027 - The Role and Regulation of Digital Assets (with Howell Jackson)
The Role of Short Selling in Liquidity Provisioning and Market Stability (with Stephen Berger)
All at IOSCO/PIFS program, Harvard Law School
Cambridge, 9-10 December 2026 - AI and Risk Management in the Financial Sector
Center for Financial Market Regulation UZH
Zurich, 3 December 2026 - Vom Bargeld zu Stablecoins – Was ist Geld, wie und warum sollte es reguliert werden?
(From Cash to Stablecoins – what is money, why and how should we regulate?)
UZH Verena-Meyer-Lecture
Universität Zürich
Zürich, 7 Oktober 2026 - AI Gatekeepers
LiaNs Conference
University Pompeu Fabra
Barcelona, 6 May 2026 - Stablecoin Regulation EU
IOSCO/PIFS program, Harvard Law School
Cambridge (remote)
23 April 2026 - AI Gatekeepers
ILI Fellows Workshop, NYU Law (remote)
13 April 2026 - AI Gatekeepers
Forum Unternehmensrecht im Vergleich
Universität Zürich
9 April 2026 - Zentralisierung der Aufsicht
(The EU Market Infrastructure Package)
FinTech Days 2026
Wirtschaftsuniversität Wien
25.-26. February 2026 - Independence of Central Banks – EU and U.S.
IMFS Conference on “Independence of Central Banks and Financial Supervisors”
Goethe University Frankfurt
12.-13. February 2026 - EU fundamental human rights in horizontal relationships
JuLIA conference
University Pompeu Fabra Barcelona
Brussels, 22.–23. January 2026 - Comparative Corporate Law and Capital Markets Law International Symposium
Waseda University Tokio
Online, 11. December 2025 - Central banking and AI supervision
Policy Panel: Implications of AI for Central banking
SUERF – The European Money and Finance Forum together with Deutsche Bundesbank
Frankfurt, 9. December 2025 - The stakes of the law in techno-legal encounters, from early networks to “Artificial intelligence”
Final conference for “Towards a New Digital Rule of Law” project
SciencesPo Law School, 1.-2.- December 2025 - AI and corporate governance
Center for Transnational Legal Studies
London, 1. October 2025 - Supervision of Financial Market – Architecture and Institution Design
European Company and Financial Law Review, Conference on “Financial Markets and their Regulation in a De-globalizing world”
Frankfurt, 26 September 2025 - Rethinking insider trading law?
Berkeley Law School law & economics workshop
Berkeley, 8 September 2025 - Systematische Risiken im digitalen Zeitalter
Universität Trier, Wissenschaftliche Tagung des Instituts für Recht und Digitalisierung (IRDT)
Online, 4.-5. September 2025 - Summary of Ownership and Trust
2025 Global Corporate Governance Colloquium
London, 14 June 2025 - AI and corporate decision-making
Workshop convened by Luca Enriques and Giovanni Strampelli, Bocconi University
Milan, 9 June 2025 - Insider Trading in Crypto Assets
London School of Economics, Socio-Legal Hub Seminar Series
London, 28 May 2025 - Aufsichtsstruktur an den Finanzmärkten unter der KI-VO
(Supervision under the AI-Act)
StartRight/MLTech Tagung 2025: Herausforderungen im Kapitalgesellschafts- und Kapitalmarktrecht im Zeitalter der Digitalisierung (Challenges of Digitalization for corporate and capital markets law)
Munich, 16 May 2025 - Comparative Insider Trading U.S. – EU
Fordham Law School Corporate Law Center Conference
New York City, 11 April 2025 - Money, Debt and Finance
ARTE TV-Channel series
Paris, 8 April 2025 - Financial Profiling
Oxford Law & Finance events
Oxford, 26 February 2025 - Contractual personalization and consumer protection and its relevance for fundamental rights
JuLIA (Justice, Fundamental Rights and Artificial Intelligence) conference
University Pompeu Fabra, Barcelona
Barcelona, 14 February 2025 - Supervisory agencies under the AI Act
FinTech Days 2025, Universität Zürich
Zurich, 6 February 2025 - The geopolitical case for CMU
EU COMM DG FISMA, The financial issues seminar
Online, 4 February 2025 - AI in Finance: Transforming the Future of the Financial Sector
4th LLM Inaugural Conference “Quo vadis EU (law)”, Bocconi University
Milan, 29 November 2024 - Vertrauen, Kredit und die Rolle des Rechts
(Trust, Credit and the role of the law), TU Darmstadt
Darmstadt, 30 October 2024 - Ownership and Trust
Faculty Workshop, Faculty of Law, University of Toronto
Toronto, 21 October 2024 - Market Structure, Payments and Innovation – Financial Profiling
10th FinTech Conference, University of Luxembourg
Luxembourg, 3 October 2024 - Credit Scoring – U.S. and EU
Lunch talk, 3rd Annual Women in Law and Finance Conference, Wharton
Philadelphia (remote talk), 27 September 2024 - How to use AI in Firms under Institutional and Cultural Contraints
ZEW Conference on Research with and within Organizations
Mannheim, 10 September 2024 - Financial Markets
Conference on Mapping and Governing the Online World, Center for Law & Economics,
ETH Zurich, in collaboration with HEC Lausanne and NYU
Ascona, 20 June 2024 - The Power of Economic Transplants – Common Law, Civil Law, and Beyond
Conference on Legal Reasoning – Common Law, Civil Law, and Beyond
Harvard-Hamburg Conferences on New Approaches to Legal Reasoning,
Hamburg, 17 June 2024 - Financial Profiling
Private Law Conference Rotterdam/Frankfurt
Frankfurt (Main), 17 May 2024 - AI Judgment Rule(s)
Seminar at Bocconi Law School
Milan, 9 May 2024 - Financial Profiling: Kreditscoring und Künstliche Intelligenz
(Financial Profiling: Creditscoring and Artificial Intelligence)
Frühjahrssitzung des Arbeitskreises „Strategieentwicklung und Controlling in Banken“, der Schmalenbach Gesellschaft
Düsseldorf, 19 April 2024 - AI Judgment Rule(s)
Keynote PhD School Introductory week Cologne University
Cologne, 18 April 2024 - AI Judgment Rule(s)
How AI will Change the Law
University of Chicago Law School
Chicago, 13 April 2024 - Financial Profiling
NYU Law School/PRG
New York City, 27 March 2024 - Beneficial Ownership Disclosure
International Workshop on Disclosure Regulation of Beneficial Owners in Listed Companies, Waseda University Tokyo
Brussels, 11 March 2024, Waseda Brussels Office - Rückgang börsennotierter Unternehmen und rechtliche Gegenmaßnahmen
(Decline of listed corporations and legal countermeasures)
ZGR-Symposium
Glashütten, 19‑20 January 2024 - Regulation of Digital Currencies (With Timothy Massad)
Short Selling and Market Stability
Investor Education, Financial Literacy and Retail Participation in Equity Markets
Harvard Law School,
Cambridge, 13‑14 December 2023 - KI in der Leitung der Aktiengesellschaft
(AI in the Management of the Stock Corporation)
Interdisciplinary Lecture Series of the Scientific Society at Goethe University in the Winter Semester 2023/2024
Frankfurt (Main), 20 November 2023 - How to cooperate with an AI – on decision theory and corporate boards
Conference of the Rivista della società Journal
Venice, 10-11 November 2023 - How to cooperate with an AI? On the accountability of board members when using AI
Münchner Juristische Gesellschaft
Munich, 7 November 2023 - KI und Finance / Anwendung, Grenzen und Absicherung
(AI and Finance / Application, Limits and Protection)
Together with: Lars Klöhn, Wolfgang Dierker, Sarah Zech, Flemming Moos
Symposium Humboldt University of Berlin – Digital Business Models in a Highly Regulated Environment
Berlin, 25 October 2023 - Digital Investor Voice
2nd Annual Women in Law and Finance Conference
Philadelphia, 29 September 2023 - Digital Investor Voice
Conference at German Ministry of Finance on the occasion of the 10th anniversary of the Academic Expert Group on Financial Markets
Berlin, 19‑20 September 2023 - With Niklas Keller, Jochen Klöpper, Johannes Stoll
Die Zukunft des Scoring zwischen Erklärbarkeit und Prognosegüte
(The Future of Scoring Between Explainability and Forecasting Quality)
Schufa-Congress Trends & Insights 2023
Mainz, 5 September 2023 - AI, data analytics, and credit underwriting – towards a new framework
European Consortium for Political Research
Biennal Conference of the Standing Group on Regulatory Governance
Antwerpen, 12‑14 July 2023 - Group Think and Corporate Governance
Juristische Studiengesellschaft Karlsruhe
Karlsruhe, 4 July 2023 - Nutzen Sie noch Bargeld? Abschied vom Bargeld? Von Bitcoin, Stablecoins und digitalem Zentralbankengeld
(Do You Still Use Cash? Farewell to Cash? Bitcoin, Stablecoins and Digital Central Bank Money)
Unternehmerfrühstück 2023
Frankfurt (Main), 29 June 2023 - Corporate AI?
Greek-German Symposion, Law Faculties of the National and Kapodistrian University Athens and EBS University Wiesbaden
Commercial Law in Times of Crises
Athens, 18‑19 May 2023 - With Ruoying Chen, Sunseop Jung, Atsushi Koide
Cryptocurrencies as a Challenge for Securities Regulation?
Digitization and Artificial Intelligence in Corporate and Capital Marktets Law. German and East Asian Perspectives, SAFE
Frankfurt (Main), 23‑24 March 2023 - With Helga Springeneer, Henriette Litta, Christian Humborg
Digitale (Ohn-)Macht von Verbraucherinnen und Verbrauchern: Wie entstehen Machtstrukturen im digitalen Raum und wie kann ihnen begegnet werden?
(Digital (Dis)Empowerment of Consumers: How Do Power Structures Emerge in the Digital Space and How Can They Be Countered?)
Safer Internet Day
Berlin, 14 February 2023 - With Ryan-Chan Wei, Tim Massad
How are governments getting ready for digital assets? Overview with global regulators
Conference on: Web3 – What don’t we know about it yet
Berkman Klein Center at Harvard University & Mossasvar-Rahman Center at Harvard Kennedy School
Cambridge, 10 February 2023 - With Howell Jackson
Regulation of Digital Currencies and Stablecoins
Short Selling and Market Stability
Investor Education, Financial Literacy and Retail Participation in Equity Markets
Securities Regulators’ Role in Promoting Market Integrity and Investor Protection in Crypto Markets
All at IOSCO/PIFS program, Harvard Law School
Cambridge, 14-15 December 2022 - The Wirecard Scandal
ACFE-Swiss Chapter
Zurich, 30 November 2022 - Fair Lending in the Age of AI
NYU Law School/PRG
New York City, 12 October 2022 - AI Credit Scoring – Inclusion or Discrimination?
Law and Society Conference
Lisbon, 14 July 2022 - Normative Ordnung des Scoring
(Normative Orders – Scoring)
Conference Institut für das Recht der Digitalisierung, University of Marburg
Marburg, 7 July 2022 - Algorithmic Fairness – Credit Scoring as a Test Case
Regulating AI in a Democracy, SciencesPo Law School
Paris, 7 June 2022 - Fair Lending in the Age of AI
PennLaw School AdHoc Faculty Workshop
Philadelphia, 12 April 2022 - Wirecard – Kultur, Kognition und Rechtsrahmen
(Wirecard – Culture, Cognition and Legal Framework)
University of Innsbruck, Austria
Online, 24 January 2022 - Regulation of digital currency
Short Selling, Prime brokerage and collateral management
Recent Developments in International Financial Regulation
All three at: IOSCO/PIFS Program Harvard Law School
Online, 29 November, 14-1. December 2021 - AI as a Product? Algorithmic Credit Scoring as a Test Case for Regulating AI
University of Hamburg
Hamburg, 6. December 2021 - Artificial Intelligence and Ethics in Banking – Addressing the Trust Challenges
Irish Banking Culture Board, Roundtable
Online, 6 December 2021 - Panelist on Digitalisation of finance: the challenge from a central bank and supervisory perspective
ECB Legal Conference 2021
Online, 25‑26 November 2021 - AI Credit Scoring as „high risk”
Competition and the regulation of financial innovation
Mannheim Centre for Competition and Innovation (MaCCI)
Mannheim, 18 November 2021 - Kreditwürdigkeitsprüfung mittels Künstlicher Intelligenz? – Zum Vorschlag der Kommission für ein AI-Gesetz
(Creditworthiness assessments using AI? – On the Proposal of the EU Commission for an AI Act)
Symposion Kreditanalyse in Zeiten des Wandels, Zum Nutzen interner und externer Ratings aus historischer und aktueller Perspektive, Institut für Bank- und Finanzgeschichte (Institute for the history of banking and finance)
Frankfurt (Main), 27 October 2021 - The EU Commission’s Proposal on an AI Act
NYU Privacy Research Group
New York, 6 October 2021 - Moderating Cornelia Woll, Economic Lawfare
Max Planck Institute Cologne and SciencesPo Paris (MaxPo),
Brokering Ideas in Social Sciences
Online, 20 September 2021 - AI as a product?
RegHorizon 2nd AI Policy Conference, ETH Zürich
Online, 14 September 2021 - Wirecard – which lessons to draw?
ComplianceNet Conference 2021
Online, 28 June 2021 - Numbers don’t lie? Historic bias, illusions of certainty and algorithmic credit scoring
Ringvorlesung Algorithmen zwischen Vertrauen und Kontrolle (Algorithms between Trust and control), Goethe University
Online, 27 May 2021 - Lessons learned from Wirecard
CMVM/CIRSF/EUI Supervisions of Auditors at a Crossroads
Online, 29 April 2021 - Dissecting Germany’s Wirecard Scandal: Takeaways for Investors
CII 2021 Spring Conference, Moving Forward Together
Online, 10 March 2021 - Fintech and Fairness – Regulating Algorithmic Credit Scoring
The 3rd Edinburg FinTech Law Lecture
Online, 5 March 2021 - Short Selling and Market Stability
IOSCO/PIFS program, Harvard Law School
Online, 10 December 2020 - Wirecard – a timely scandal
University of Zurich
Zurich, 2 December 2020 - Use of AI in assessing creditworthiness: what are the right checks and balances?
FinCoNet, OECD, International Seminar on Creditworthiness assessements
Online, 13 November 2020 - Whistleblowing – a U.S./EU perspective
Brooklyn Law School
Online, 14 October 2020 - Responsible A.I. Credit Scoring
6th Luxembourg FinTech Conference
Online, 7 October 2020 - A.I. Credit Scoring – A Comparative Glance at EU and US Privacy and Anti-Discrimination Laws
Workshop on Digital Capital Markets, Helsinki University
Online, 4-5 June 2020 (moved to 2 September 2020) - Commercial Behavioral Tracking and Algorithmic Discrimination
Current Issues in Privacy and Technology Law, Fordham Law School
Online, 23 July 2020 - Responsible A.I. Based Credit Scoring: A Legal Framework
Wharton FinReg conference
17 April 2020 (cancelled due to COVID-19 outbreak) - Cryptocurrencies as a challenge for securities regulation?
German/Asian Symposion, Frankfurt
2-3 April 2020 (cancelled due to COVID-19 outbreak) - Moderator for Borgogno, Data, Innovation and Competition in Finance: The Case of the Access to Account Rule
4th Oxford Business Law Blog Annual conference, Fintech Startups and Incumbent Players: Policy Challenges and Opportunities, Oxford
Online, 27 March 2020 - Developing Integrated Capital Markets within and across Borders – The Role of Access, Data and Transparency
Symposium on Building the Financial System of the 21st Century: An Agenda for Europe and the United States, PIFS/Harvard law School, Washington
5-7 March 2020 (cancelled due to COVID-19 outbreak) - Moderating Martha Farah, PhD/UPenn; Joseph J. Finns, M.A., M.A.C.P., F.R.C.P. Weill Cornell Medical School/Yale Law School; Paul W. Glimcher NYU School of Medicine; Yasmin L. Hurd, PhD, School of Medicine Mount Sinai
Neuroscience and Law Center, Cutting Edge Developments in Neuroscience and Law
New York City, 25 February 2020 - Responsible A.I. Credit Scoring
Max-Planck-Institut on Collective Goods
Bonn, 20 January 2020 - Regulating Cryptocurrencies
Joint International Conference on Globalization and Convergence of Laws: Comparative Legal Approach, Fordham School of Law and SKKU Law School Institute of Legal Studies
8 January 2020 - Digital currencies and payments
IOSCO/PIFS program, Harvard Law School
Cambridge, 12 December 2019 - Unternehmensstrafrecht als ein Bestandteil im System normativer Steuerung des Unternehmens
(Corporate criminal law as a component in the system of normative control of the company)
Economy, Criminal Law, Ethics, X. Symposion
Frankfurt (Main), 22-23 November 2019 - Machine Learning, Credit Scoring and biased AI
Privacy Research Group, NYU Law School
New York, 25 October 2019 - Künstliche Intelligenz – wie können wir Algorithmen vertrauen?
(Artificial intelligence – how can we trust algorithms?)
Panel contribution, Bad Homburg Conference 2019
Bad Homburg, 19 September 2019 - On regulatory arbitrage
Penn Law School Faculty Workshop
Philadelphia, 17 September 2019 - Author Meets Critics – Discussion of my book “Economic Transplants”, critics: Reuven Avi-Jonah, John Cioffi, Matthias Thiemann
SASE Conference 2019
New York City, 28 June 2019 - Regulatory Arbitrage, Economic Clichés and Expert Talk,
SASE Conference 2019
New York City, 28 June 2019 - Initial coin offerings
IOSCO/PIFS program, Harvard Law School
Cambridge, 6 December 2018 - European Finance – no more room for variety?
Panel contribution
6th Frankfurt Conference on Financial Market Policy
Frankfurt (Main), 14 December 2018 - The Promise of Measurability – a “Nightmare or a Noble Dream”?
Max-Planck-Institut für Gesellschaftsforschung
Köln, 7 November 2018 - European Securities Law – are we in need of a new definition?
Faculty workshop, Fordham Law School
New York City, 20 September 2018 - Initial coin offerings – where do we stand and should we move?
German-French Symposion, MPI Hamburg
Hamburg, 7 July 2018 - Global institutional shareholders
East Asia and Germany Commercial Law Forum, Beijing University
Beijing, 23 March 2018 - Virtual corporations and virtual funding?
Oxford Business Law Workshop
Oxford, 15 November 2017 - Economic transplants – book launch
LSE
London, 14 November 2017 - Digitales Finanzwesen – vom Bargeld zu virtuellen Währungen?
(Digital Finance – from fiat currency to virtual currency?)
German Association of Private Law Reachers, University of Zurich
Zurich, 11 September 2017 - Cross-sectoral regulation
Katholieke Universiteit Leuven, Jan Ronse Instituut, Kick-off meeting
Leuven, 7 February 2017 - Economic Transplants and Transnational Law – a dialogue
Séminaire PILAGG
Paris, 25 November 2016 - Insider Trading and Director’s Dealings in Germany and France
Symposion Cabinet Gide,
Paris, 24 November 2016 - Shareholder activism
German-French Symposion, MPI Hamburg
Hamburg, 7 July 2016 - Die Marktmissbrauchsverordnung 2016 – eine Kooperation von Judikative und Legislative
(The MAR 2016 – a cooperation of adjudication and legislation)
Arbeitskreis Wirtschaft und Recht
Leverkusen, 3 June 2016 - Who is afraid of reasonable investors? – on lawmaking for financial markets,
Séminaires du programme doctoral de Droit, SciencesPo, Ecole de Droit
Paris, 14 April 2016 - Economic transplants in der Marktmissbrauchsverordnung
(Economic transplants in the Market Abuse Regulation)
Symposion on the Market Abuse Regulation, Friedrich-Alexander Universität Nürnberg
Nuremberg, 8 April 2016 - Economic Transplants – on lawmaking for financial markets
Law&Economics Lunch Talk, Columbia Law School
New York City, 29 February 2016 - Regulierungsstrategien im Wirtschaftsstrafrecht
(Regulatory Strategies in Criminal Law)
ECLE VII Symposion, Goethe Universität Frankfurt
Frankfurt, 20 November 2015 - Aufsichtsrecht und Bankrecht
(Supervisory law and corporate law)
Symposion on Corporate Law, Wirtschaftsuniversität Vienna
Vienna, 28 September 2015 - Diversity on corporate boards – why, how?
German/French Symposion, Sorbonne
Paris, 2-3 July 2015 - On the German law of corporate groups
German/Asian Symposion, MPI Hamburg
Hamburg, 28-29 May 2015 - Aktienrecht und Kapitalmarktrecht – 50 Jahre AktG
(Capital markets Law and Corporate law after 50 years of the German Code on stock corporations)
Symposion 50 Jahre AktG, University of Bonn
Bonn, 27 March 2015 - Erosion aktienrechtlicher Leitbilder
(erosion of capital markets law models)
Symposion Perspektiven des Gesellschaftsrecht, Humboldt Universität
Berlin, 19 February 2015 - Ever more transparency – investor’s duties according to the EU proposal on an amendment of the shareholder’s rights directive
European Forum on Securities Regulation (EFSR)
Vienna, 5 December 2014 - Economic Transplants and the normative challenge
Séminaires du programme doctoral de Droit, SciencesPo, Ecole de Droit
Paris, 10 April 2014 - Anlegerschutz durch Haftung im deutschen und europäischen Kapitalmarktrecht,
(Investor protection under German and European capital markets law)
Karlsruher Forum
Karlsruhe, 21 February 2014 - Stimmrechtsberater (proxy advisors)
Symposium „Das Europäische Gesellschaftsrecht vor neuen Herausforderungen“, Westfälische Wilhelms-Universität Münster
Münster, 22 November 2013 - Insiderinformationen nach neuem Recht,
(The new regime of inside information)
Bankrechtsforum, Wien
Vienna, 5 November 2013 - Vorstandsvergütung – vom Vertragsrecht zu “say on pay”,
(Board remuneration – from contracts law to „say on pay“)
German-Greek Symposion arranged by the law faculties of national and Kapodistrias’ university Athens and Goethe-University Frankfurt
Athens, 25 October 2013 - Economic transplants and the normative challenge
Presentation, Law and Economics panel, LSE London, respondent: Charles Goodhart, LSE London, 3 July 2013 - Opérations d’initiés: les limites de la prohibition
(Insider Trading – the prohibition and its limits)
IRJS Sorbonne Finance & Sorbonne Affaires, Séminaire franco-allemand, Paris 1 – MPI
Paris, 28 June 2013 - Insider Trading in US and EU Law
Presentation “LLM Specialist Series“, LSE
London, 14 March 2013 - Limits of Shareholder Value
LSE London, Corporate Law and Finance Roundtable, Comment to John Armour
London, 28 February 2013 - Is Bank Governance Special?
LSE London, Response to Guido Ferrarini; Chair: Niamh Moloney
London, 23 January 2013 - Some lessons from the crisis – does the law set the right incentives for board composition and liability in financial institutions?
Lecture series “Séminaire Doctoral”, SciencesPo, Ecole de droit
Paris, 4 October 2012 - Financial innovations, CEO liability and corporate governance in regulated industries Symposion, University St. Gallen, „Financial innovations“
St. Gallen, 31 May – 1 June 2012 - Epistemic goals and tools,
IVR workshop on disciplinary perspectives and legal truth, 25th World congress IVR
Frankfurt (Main), 15 August 2011 - Class actions in Securities litigation under German law
L'action de groupe des investisseurs: une ardente nécessité,
Sénat, organized by: Yann Paclot/Véronique Magnier
Paris, 31 March 2011 - On the future of capital markets law
Deutsch-Brasilianische Juristenvereinigung
Frankfurt (Main), 7 November 2009 - The DCFR – Agency Authority and its Scope – A Glance at Corporation Law
SECOLA Conference
Barcelona, 7 June 2008 - Kreditsicherheiten und Basel II,
(Credit Collateral and Basel II)
Bank- und Kapitalmarktrechtssymposion der Deka-Bank
Frankfurt (Main), 6 November 2007
Forthcoming
- The Supervisory Architecture for Using Artificial Intelligence in Financial Institutions
in: Zilioli/Wojcik (Eds.), Judicial Review in the European Banking Union – Volume II, Elgar Financial Law and Practice Series, Edward Elgar, 2026 (forthcoming) - AI-Gatekeepers
Zeitschrift für Vergleichende Rechtswissenschaft 2026 (forthcoming) - Zur Unabhängigkeit von Zentralbanken – Ein rechtsvergleichender Seitenblick
(On the independence of central banks – a comparative-law side glance)
in: Festschrift für Peter O. Mülbert, 2027 (forthcoming) - Datenschutz und KI-Modelltraining, erläutert am Beispiel des Kreditscorings
(Data protection and AI model training, illustrated by the example of credit scoring)
in: Festschrift für Frank A. Schäfer zum 70. Geburtstag, C.H. Beck, Munich 2027 (forthcoming)