Research within the URPP “Financial Market Regulation” was originally divided into three parts, each consisting of two key subjects. These subjects cover essential areas of financial market law.
Subproject 1: Investment Banking and Wealth Management
- Wealth Management: investment advice, asset management, investment funds, investor protection
- Investment Banking: issuance of securities, marketing, insider dealing, market manipulation, market and corporate disclosure
Subproject 2: System Stability
- Payment systems, good business conduct, remuneration and bonuses
- Deposit insurance, capital adequacy, too big to fail, ratings, enforcement
Subproject 3: International Financial Markets Law
- Switzerland’s contribution to international financial organisations (IMF, World Bank, BIS, FSB etc.); Switzerland’s representation in academic financial market forums; co-operation between FINMA, SNB and foreign financial supervisory authorities/central banks or European organisations
- Coherence between European and Swiss financial market law, mutual administrative and legal assistance (including tax/banking secrecy)
From the second phase onwards, a new network-type structure (cluster) was adopted in practice, in the expectation that this would encourage even stronger exchange and cooperation between projects as opposed within strands (pillars). Since 2016, the set-up and format of the annual conferences bear witness to the fruitful implementation of the new collaboration structure. For reference purposes, the orginal structure is still used.