Biographical note: Klaus Peter Follak

Klaus Peter Follak

MA ( law ), MA ( economics ), Dr. ( law )

Independent international counsel and consultant

Work experience:
Consultancy: Advisor on banking and capital markets regulation and implementation of mortgage banking  to several Central and Eastern European Authorities / governments, including PHARE projects;
Establishment of banking institutions in Germany incl. licensing;
Expert at EU project on harmonisation of covered bond legislation;
Covered bond pooling projects
Banking: Various functions over 35 years  as director at international banks: head of funding transactions including collateralised funding & covered bonds ( on/off balance, synthetic ), group head project mgr. Basel II, head of legal & regulatory affairs, head of planning, product development, risk management and international coordination, assets & liabilities mgmt., asset sales & acquisitions, group financial structures, negotiating participations and setting up subsidiary companies.
Community: Member of German Joint Working Group on Banking Regulation (banking industry / Deutsche Bundesbank / BAFin)
European Covered Bond Council, legislation working group
Member of Committee on Banking Regulation, Assoc. of German Pfandbrief Banks
Member of Round Table European Real Estate collateral
Frequent publications with a focus on international financial services regulation