The Program on International Financial Systems is dedicated to building the global financial system of the 21st century.

The Program on International Financial Systems (PIFS) is a 501(c)(3) organization that hosts virtual and in-person international symposia, regulatory training programs and special events that foster dialogue and promote education on issues impacting the global financial system. PIFS also conducts research on these issues.

PIFS was founded in 1986, by Hal S. Scott, now Professor Emeritus of Harvard Law School. Over thirty years later, Hal Scott continues to lead PIFS.

Today, PIFS hosts three annual international symposia, US-Japan (22 years), US-Europe (18 years), and US-China (16 years). Harvard Law School is a non-financial sponsor of PIFS symposia and PIFS partners with Harvard Law School Executive Education for programs delivered on campus.

For a brief description of our activities, please see this link.

Recent events and research

International Review of Equity Market Structure Regulation: Phase III

May 12, 2021
International Review of Equity Market Structure Regulation: Phase III

PIFS-Harvard Law School: Central Bank Perspectives on Central Bank Digital Currencies

May 12, 2021
PIFS-Harvard Law School: Central Bank Perspectives on Central Bank Digital Currencies

4th Annual HLS-PIFS-Tsinghua University Policy Development Seminar

April 21, 2021
HLS-PIFS-Tsinghua University Seminar

Virtual Training Program on Building the Foundations of Modern Financial Regulation in Indonesia

March 3, 2021
Indonesia Virtual Training Program