Prof Dr Joachim Wuermeling
External Consultant
Joachim is a senior advisor to the financial regulatory team.
He works with major international clients across jurisdictions on strategic regulatory matters. He has practised in public and private financial institutions for many years. Having been the head of supervision at Deutsche Bundesbank he brings in the prospect of a supervisor in terms of strategy, procedure and substance: How to deal with and adresse the authorities. Joachim has a specific expertise in digital innovation in finance and advises on new legal issues in these areas.
Joachim has gained a broad and deep experience in the public sector. Until recently he used to be member of the board of Deutsche Bundesbank with the responsibility for banking supervision, a member of the Supervisory Board of the Single Supervisory Mechanisms of the European Central Bank, a member of the Basel Committee for Banking Supervisions and a member of the German Committee for Financial Stability. Before, he gained wide experience in politics on the EU, the federal and the regional level. He served inter alia as a Member of the European Parliament and a Secretary of State in the federal government.
Joachim is an Executive in Residence at the European School of Management and Technology in Berlin with the focus on digital finance. Since 1995 he has taught as a visiting lecturer, first at the University of Bayreuth, then at the University of Potsdam, where he was awarded an honorary professorship in 2011.
Expertise
Experience
Representative matters
Advice in various administrative procedures at European and German supervisors.
Consulting in public affairs
Briefings of board members and general counsels on regulatory environment.
Independent Lawyer 2008 - 2016
Dr. König & Kollegen, Bayreuth, 1999 - 2004
Pro bono
Member of the board, Catholic church Christi Auferstehung, Berlin
Treasurer, Europa Union Deutschland (association to promote European integration), Berlin
Curator, Institute for European Politics, Berlin
Published Work
- Kooperatives Gemeinschaftsrecht – Die Rechtsakte der Gesamtheit der EG- Mitgliedstaaten, insbesondere die Gemeinschaftskonvention nach Art. 220 EWG- Vertrag Schriftenreihe Europaforschung Band 14 Kehl- Straßburg-Arlington, 1988
- Legislativer Dialog im institutionellen Dreieck – Das Verfahren der Zusammenarbeit nach Art. 149 Abs. 2 EWG- Vertrag EUI- working- papers Law, Florenz, 1990 Streicht die Räte und rettet den Rat! – Überlegungen zur Reform des EU- Ministerrats Europarecht 1996, S. 167 ff.
- Digitalisierung und die Zukunft der Banken; Gastbeitrag in der Zeitschrift für das gesamte Kreditwesen (ZfgK) anlässlich des Bundesbank-Symposiums vom 3. November 2022
- Und plötzlich: Inflation (gemeinsam mit Irmela von Schenck und Antonia Kaiser) J. S. Klotz Verlagshaus, 2023
Speaking Engagements
- Cybersecurity: Pivotal for central banks; Keynote speech at the 2nd Payments Drift Forum, Euroforum, am 7. September 2017 in Aschaffenburg
- Operational challenges in the implementation of monetary policy in the euro area; Keynote speech at OMFIF Lunch discussion am 22. Oktober 2017 in London
- Current challenges in Europe – a central banker’s perspective; Speech at Money Marketeers of New York University am 28. März 2018 in New York
- Banking regulation and the benefits of international cooperation: Basel III and beyond; Speech delivered at the Konrad Adenauer Foundation am 7. Februar 2019 in Washington D.C.
Leadership Positions And Professional Affiliations
- Executive in Residence, European School of Management and Technology, Berlin
- Lecturer, Hochschule für Wirtschaft, Zurich
- Member Research Advisory Council, Leibnitz Institute for Financial Research, Frankfurt
Qualifications
Admissions
Bamberg, 1999- 2004
Berlin, 2008 – 2011
Berlin, since 2024
Academic
First State Examination, University Bayreuth 1985
PHD University Bayreuth 1987
Second State Examination University, Bayreuth 1989
LL.M. European University Institute 1989
MA, Law, Nottingham University, 1989
Honorary professor, University Potsdam 2012
Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.