Language and Short Courses 2018/2019

Bayreuth International Summer School - International Comparative Law International Comparative Law

University of Bayreuth • Bayreuth

Course location
Teaching language
  • English
Language level of course
  • English: B2, C1
  • July 2019 (Registration Deadline April 30, 2019)
Target group

International undergraduate, graduate, and doctoral students


The global community is committed to broadening financial inclusion, providing access to formal financial services to more than two billion people who are currently excluded. At the same time, there is a firm global commitment to ensure that integrity of the system is maintained and especially that the abuse of the system for money laundering or financing of terrorists and proliferation of weapons of mass destruction is prevented.

In the past, financial integrity and financial inclusion were viewed as conflicting financial policy goals. More recently, however, global leaders have recognised these goals as complementary and as objectives to be pursued alongside financial stability and consumer protection goals. Appropriate alignment between these goals is however complex to achieve. New developments in technology (digital financial services, Fintech, Regtech, etc.) provide important opportunities for improved alignment, but they also simultaneously challenge the capacity of national policymakers and regulators, especially in those countries where financial inclusion levels are low.

The unit will focus financial integrity and financial inclusion with a specific focus on financial inclusion of Muslims.

Financial Integrity: Anti-Money Laundering and Combating of Financing of Terrorists
The development, contents and impact of the international standards of the Financial Action Task Force (FATF) relating to anti-money laundering and countering of financing of terrorists will be studied. These developments will be contextualised in relation to digital financial services, digital identity, regtech, and tax transparency as well as anti-corruption initiatives. The course will investigate money laundering and terrorist financing methodologies, the rules that countries and financial institutions should implement to meet FATF standards and the consequences of non-compliance. It will also consider the effectiveness of the current approaches by analysing a range of country practices as well as prominent institutional compliance failures. The increased costs of compliance and the resultant “de-risking”-driven denial of services to low income individuals and institutions in poorer countries as well as the impact of privacy will also receive attention.

Financial Inclusion: The Halal Economy Bridging Integrity and Inclusion
Financial inclusion of socially and economically vulnerable people has gained increasing attention in recent decades. The move towards a more inclusive financial system includes the development of an arguably new financial system, the Islamic financial system. Islamic finance, in its current guise, is a distinctively modern phenomenon. The first modern Islamic financial institutions were established in former British colonies – Egypt, Pakistan and Malaysia – in the 1960s and mainly targeted at rural populations. While the market might once have been restricted to the Muslim community and Muslim countries, its elevation to the main stage of global finance was well heralded when it was embraced by mainstream financial actors such as Goldman Sachs and by the British and Hong Kong governments who started issuing sukuk (Islamic bonds) in 2014. Islamic finance embeds a broader concept of integrity, namely integrity in the sense of being true to its religious roots and complying with conventional financial standards as well as Islamic standards. Nonetheless, FATF concept of integrity and adherence to the FATF standards are also very relevant to these services, given their potential vulnerability to terrorist financing abuse.

Average number of hours per week
Average number of participants per group/course
Dates and costs
  • July 2019 (Registration Deadline April 30, 2019)
Price only on request
Further information on dates and prices.

The course fee includes tuition fees, an excursion and meals (daily lunch + a welcome & farewell dinner). Please check our website for further information:

Teaching language
  • English
Language level of course
  • English: B2, C1
Language requirements

A very good command of the English language (preferably level B2) is a requirement for your participation in the course. Please provide proof of your language level by submitting a language certificate (e.g., TOEFL, IELTS, Cambridge) with your application.

Submit application to

Please send your documents (completed application form, CV, brief personal statement, and language proof) either in digital or printed form to:

Fax: +49 921557397

Postal mail:
Universität Bayreuth
Summer School
Universitätsstr. 30
95447 Bayreuth

Is accommodation organised?
Accommodation is arranged by the organiser.
Type of accommodation

Hotel or hostel


Daily lunch, a welcome dinner and a farewell dinner are included in the registration fee.

Is a social and leisure programme offered?
Description of social and leisure programme

City tours, guided visits, BBQ, film evening, excursions, etc.

Free internet access
Support in visa matters
Pick-up service from train station/airport

University of Bayreuth

University Location

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Language course/short course