Hans Kuhn is a practicing attorney in Zurich (Switzerland) specialized in banking and financial market law, securities and secured transactions law as well as fintech and blockchain law. Before joining private practice in 2014, he was general counsel of Swiss National Bank for over 13 years. From 1995 to 2001 he worked at the Federal Office of Justice (International Private Law Section).
Hans Kuhn has extensive experience as a member of national and international expert groups on topics such as blockchain and securities law, bank resolution and derivatives and netting law. He chaired the expert group for the preparation of the Intermediated Securities Act (2003-2004) the governmental expert committee for the adoption of the Geneva Securities Convention (2005-2009). More recently, he was a member of working groups on blockchain laws in Liechtenstein (2017-18) and Switzerland (2019). He is a member of the board of directors of AMINA Bank AG, a Swiss crypto bank.
He is the author of numerous articles and a number of books on securities and secured transactions law, including a comprehensive presentation of Swiss secured transaction law (2nd edition 2023). He has been teaching credit security law as well as financial and monetary law at the University of Lucerne (2003-2020) and is a frequent a speaker at conferences.
Roundtable Room 3 (Level 3)
Open
Distributed ledger technology (DLT) is frequently highlighted as a game-changer for financial market infrastructure (FMI). Yet, despite numerous pilots, proofs of concept, and even some production deployments, it has (yet) neither replaced nor fundamentally transformed today’s financial markets. Rather, DLT has remained limited to niche applications.
Which key elements are still missing, or are insufficiently mature, to enable DLT to truly reshape FMI? Is the main hurdle the current regulatory framework, or do challenges around standardization, interoperability with legacy systems, scalability, governance, and proven use cases with sufficient value bear the greatest responsibility?