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Prof. Dr. Susanne Kalss is a member of the FinTech Advisory Board

Prof. Susamme Kalls, Uni­versity Pro­fessor at the In­sti­tute for Civil and Cor­por­ate Law and mem­ber of the Re­search In­sti­tute for Cryp­toe­co­nom­ics, is a mem­ber of the FinTech Ad­vis­ory Coun­cil, set up by the Fed­eral Min­ister of Fin­ance to ad­vise its min­istry and the Fed­eral Gov­ern­ment on cap­ital and fin­an­cial mar­ket is­sues.

Pro­fessor Kalss cur­rently rep­res­ents WU in the main body as well as in two sub­-­work­ing groups:

ICOs and reg­u­la­tion: This work­ing group deals with reg­u­la­tion of ICOs and the clas­si­fic­a­tion of the dif­fer­ent types of tokens. Vari­ous reg­u­lat­ory ap­proaches and le­gis­lat­ive ini­ti­at­ives of other coun­tries are dis­cussed. As an in­terim res­ult, a text on the reg­u­lat­ory clas­si­fic­a­tion of ICOs and the vari­ous token types was com­piled and pub­lished by the FMA in co­oper­a­tion with the FinTech Ad­vis­ory Board in Oc­to­ber in order to in­crease legal cer­tainty. The text is avail­able in the FinTech Nav­ig­ator of the FMA

Dema­ter­i­al­isa­tion of Se­cur­it­ies: This work­ing group deals with the dema­ter­i­al­isa­tion of se­cur­it­ies as an al­tern­at­ive to the clas­sical deed. In par­tic­u­lar, the use of DLT re­gisters for the cre­ation of such se­cur­it­ies is ex­amined. By the end of the year a first con­crete pro­posal will be pre­pared.

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