Professor Dr. Lars Hornuf has joined the FIRM advisory board. The Frankfurt Institute for Risk Management and Regulation (FIRM) was founded in 2009 and is an important network in the financial and regulatory environment, in which almost all major credit institutions in Germany participate. FIRM cooperates with the Frankfurt School of Finance & Management, the House of Finance at Goethe University and other renowned universities and colleges and works closely with them in teaching and research. FIRM's advisory board includes more than 40 university representatives, mainly economists.