Dissertation on development banks awarded 2022 Baker McKenzie Prize

Legal scholar Dr. Freya Carolin Nelson receives honor for her dissertation supervised by IMFS Distinguished Professor Helmut Siekmann, which has also been published as volume one in the IMFS publication series on money, currency and finance.

Legal scholar Dr. Freya Carolin Nelson is awarded the 2022 Baker McKenzie Prize for her dissertation entitled „The Public Development Banks in Germany - Legal Foundations, Public Mandate and State Safeguards, State Influence and Control, and Banking Supervision Requirements."

The supervisor of the award-winning thesis, Prof. Dr. Dr. h.c. Helmut Siekmann, Distinguished Professor at the Institute for Monetary and Financial Stability (IMFS) at Goethe University, points out the heterogeneity and complexity of the subject matter: „Public development banks are organized very differently and each institution has its own legal regime. To work through this comprehensively from a legal point of view is an extraordinarily demanding task, which requires a broad overview of different areas of law, as well as being able to confidently master difficult individual problems that are interwoven across legal fields.“ The author had mastered this task with flying colors. The dissertation was published last year by Nomos-Verlag as the first volume of the IMFS series on money, currency and finance.

Since 1988, the law firm Baker McKenzie has been awarding prizes for dissertations and post-doctoral theses from Goethe University that highlight a business law topic and have been awarded „summa cum laude“. The prize for the promotion of young legal talent is endowed with 6,000 euros. This year's award also goes to Dr. Biljana Biljanovska for her dissertation "The EU Supervisory and Resolution Framework for Banks: An Inquiry into the Complexity and Instability of Bank Groups". Dr. Matthias Scholz, Managing Partner of Baker McKenzie Germany, will present the award this Friday during the doctoral ceremony of the Department of Law on the Westend Campus.

Previous award winners include IMFS alumna Jenny Gesley, who was honored in 2016 for her dissertation, also supervised by Siekmann, on „The Supervision of Financial Markets in the United States. National Developments and International Requirements.“

See also: IMFS launches new series on money, currency and finance