Program on International Financial Systems

The mission of the Program on International Financial Systems (PIFS) is to enhance the role of regulation in building the global financial system of the 21st century. PIFS collaborates with Harvard Law School Executive Education on certain training programs for regulators and Harvard Law School is a non-financial sponsor of PIFS’ international symposia and special events.


PIFS hosts three annual international symposia that each bring together over 100 senior policymakers, business leaders and academics for two-and-a-half days of private discussions.

U.S.-Japan (since 1998)
U.S.-Europe (since 2002)
U.S.-China (since 2004)


PIFS conducts research on the laws and regulations that govern financial markets and institutions.

U.S. Cryptoasset Market Structure and Regulation (2023)

U.S. Treasury Market Structure (2022-2021)
Cloud Services & Financial Companies (2021)

Training & Development Seminars

PIFS delivers training programs and policy development seminars for regulators.

International Organization of Securities Commissions

People’s Bank of China
Qatar Financial Centre Regulatory Authority
ASEAN Capital Markets Forum


PIFS hosts lectures and fireside chats with senior policymakers, financial industry executives and academic experts.

Paul Singer, President of Elliott Management
Jay Clayton, Chairman of the SEC
James Gorman, CEO of Morgan Stanley

Special Events

PIFS hosts private roundtables focused on policy issues confronting the global financial system.

Institutional Investors and Crypto Assets (2022)
The Role of Asset Management in ESG Investing (2020)
Resolving and Stress Testing Global Banking Institutions (2019)