A noted specialist on international banking and international transactions, Professor Cynthia C. Lichtenstein retired from active teaching duties at BCLS in the Spring of 2001. She has been a member of the faculty at Boston College Law School since 1971.

Professor Lichtenstein has lectured in numerous cities around the world including London, Paris, Buenos Aires, and Sydney, Australia. In addition to significant involvement with a major New York law firm in various capacities over the years, she served briefly with the European Economic Community.

Among her many contributions to public and private international law, Professor Lichtenstein served as President of the International Law Association (American Branch) from 1986 to 1992, as an officer of the American Society of International Law, and as a member of the Board of Editors of the American Journal of International Law from 1982 to 1991.

Professor Lichtenstein is the author of many significant articles on international banking regulation and international transactions. Her most recent article, "Dealing with Sovereign Liquidity Crises: New International Initiatives for the New World of Volatile Capital Flows to and From Emerging Markets," 29 McGeorge Law Review 807 (1998) and a short version, under the title "Innoculating Against the Asian Flu," appears in the Boston College Law School Magazine, Fall 1998. A short viewpoint, "Do Globalized Financial Markets Need a New Architecture of Regulation?," appeared in the December 1998 Translex.

Professor Lichtenstein graduated magna cum laude from Radcliffe College (A.B.) and magna cum laude from Yale Law School (J.D.) She also holds a Master's degree in Comparative Law from the University of Chicago Law School.


EDUCATION:

A.B., Radcliffe College; J.D., Yale University; M. Comp. L., University of Chicago.

Presentations: “The Reform of the IMF,” International Law Association (ILA) Hellenic Branch, Athens, Greece, in June 2006.

Presented a portion of the committee's report on the harmonization of financial supervision and regulations, coauthored with Dr. Follak, at the working session of the Committee on International Law, during the London Conference of the International Law Association (ILA), in July 2000.

Activities: Attended a meeting of the European Society of International Law, Paris, France, in May 2006. Attended the International Council for Commercial Arbitration Montreal Congress 2006, Canada, in June. Participant, working sessions of the International Monetary Law Committee and the International Securities Regulation Committee, ILA 72nd Biennial Conference, Toronto, Canada, in June. Judged the Telders International Law Moot Court Competition in The Hague, Netherlands, in spring 2005.

Appointments: Appointed treasurer of the International Law Students Association.

Other: Elected an honorary editor of the American Journal of International Law at the American Society of International Law 2005 Annual Meeting, Washington, DC, in March/April.

COURSES

Publications:

• "The Fed's New Model of Supervision for 'Large Complex Banking Organizations': Coordinated Risk-based Supervision of Financial Multinationals for International Financial Stability." Transnational Lawyer 18: no.2 (2005): 283-299.
• "Hard Law v. Soft Law: Unnecessary Dichotomy?" The International Lawyer 35 (Winter 2001): 1433-1441.
• "International Jurisdiction Over International Capital Flows and the Role of the IMF: Plus Ça Change…" In International Monetary Law: Issues for the New Millennium, edited by Mario Giovanoli, 61-80. Oxford: Oxford University Press, 2000.
• "Public Liability in U.S. Courts and Brasserie du Pêcheur and Factortame in the European Court." In Judicial Review in European Union Law, edited by David O'Keeffe and Antonio Bavasso, 237-302. Boston: Kluwer Law International, 2000.
• Introduction: Panel on "Preventing Asian Type Crises: Who, If Anyone, Should Have Jurisdiction over Capital Movements." ILSA Journal of International and Comparative Law 5 (1999): 395-396.
• "Current Developments in International Securities Regulation Co-operation." (Part 1, 5th Interim Report, Committee on International Securities Regulation.) In International Law Association - Report of the Sixty-Eighth Conference held at Taipei, Taiwan, Republic of China, 24-30 May 1998, 345-348. London: The Association, 1998.
• "Do Globalized Financial Markets Need a New Architecture of Regulation?" Translex: Transnational Law Exchange 1, no. 5 (December 1998): 6-7, 10.
• "Dealing with Sovereign Liquidity Crises: New International Initiatives for the New World of Volatile Capital Flows To and From Emerging Markets." McGeorge Law Review 29 (Summer 1998): 807-823. [An abridged excerpt with title "Innoculating Against the Financial Flu" appears in Boston College Law School Magazine 7 (Fall 1998): 28-31.]
• "European Monetary Union and the European System of Central Banks." In Current Legal Issues Affecting Central Banks, edited by Robert C. Effros, vol. 4, 65-72. Washington, D.C.: International Monetary Fund, 1997.
• "The New Financial World of Cross Border Capital Movements: The International Monetary Fund Agreement in Light of the 1994 Mexican Peso Crisis." In Währung und Wirtschaft: Das Geld im Recht: Festschrift für Prof. Dr. Hugo J. Hahn zum 70 Geburtstag, edited by Albrecht Weber, 191-199. Baden-Baden: Nomos Verlagsgesellschaft, 1997.
• Remarks (as Chair) on "Money Across Borders." American Society of International Law, Proceedings of the 90th Annual Meeting (1996): 161-177.
• "The Mexican Crisis: Who Should Be a Country's Lender of Last Resort?" Fordham International Law Journal 18 (May 1995): 1769-1777.
• "Aiding the Transformation of Economies: Is the Fund's Conditionality Appropriate to the Task?" Fordham Law Review 62 (May 1994): 1943-1951.
• "Standards and Administrative Practice Regarding Treatment of Foreign Banks in the United States." In International Banking Operations and Practices: Current Developments, edited by J.J. Norton, Chia-Jui Cheng, and I. Fletcher, 55-70. Dordrecht, the Netherlands: Graham & Trotman/Martinus Nijhoff, 1994.
• Remarks (as Panelist) on "The Regulation of International Banking: EC Banking Directives and Extraterritorial Aspects." In Contemporary International Law Issues: Opportunities at a Time of Momentous Change: Proceedings of the Joint Conference held in The Hague, The Netherlands, July 22-24, 1993, edited by The American Society of International Law, 107-111. Boston: Martinus Nijhoff Publications, 1994.
• Introductory remarks and remarks to "Regional Development Assistance to Reduce Disparities Among Member Countries: Does EC Experience Point the Way for NAFTA?" In Contemporary International Law Issues: Opportunities at a Time of Momentous Change: Proceedings of the Joint Conference held in The Hague, The Netherlands, July 22-24, 1993, edited by The American Society of International Law, 209-228. Boston: Martinus Nijhoff Publications, 1994.
• "L'Emergence d'une Jurisprudence des Groupes Speciaux du Chapitre 18 de L'Accord de Libre-échange Canada-Etats-Unis." In Perspectives Convergentes et Divergentes Sur L'Intégration Economique, 97-107. Paris, France: Editions A. Pedone, 1993.
• "International Standards for Consolidated Supervision of Financial Conglomerates: Controlling Systemic Risk." Brooklyn Journal of International Law 19 (1993): 137-157.
• "Thinking the Unthinkable: What Should Commercial Banks or Their Holding Companies Be Allowed to Own?" Indiana Law Journal 67 (Winter 1992): 251-282.
• "U.S. Restructuring Legislation: Revising the International Banking Act of 1978, for the Worse?" Fordham Law Review 60 (May 1992): S37-S52.
• "Remarks" (as Panelist) on "The Teaching of International Law - Future Role for Training Scholars and Practitioners and in Developing International Legal Principles." In Contemporary International Law Issues: Sharing Pan-European and American Perspectives: Proceedings of the Joint Conference held in The Hague, The Netherlands, July 4-July 6, 1991, edited by The American Society of International Law, 210-211. Boston: Martinus Nijhoff Publishers, 1992.
• "Introduction" and "Part One: IOSCO's Harmonization Work in the Field of Capital Adequacy." In Cairo Conference: Interim Report of the Committee on International Securities Regulation, 1-5. International Law Association, 1992.
• Remarks (as Panelist) on "Europe 1992: Roundup on the Law and Politics of the European Community." American Society of International Law, Proceedings of the 85th Annual Meeting (1991): 162-164.
• "Introductory Note to the Bank for International Settlements: Committee on Banking Regulations and Supervisory Practices' Consultative Paper on International Convergence of Capital Measurement and Capital Standards." International Legal Materials 30 (1991): 967-978.
• "Financing the Highly Leveraged Transaction: Legal Restraints on Taking Equity Interests." Banking Law Review 2, no. 3 (Winter 1990): 50-55.
• "The Dual Banking System." In PLI Banking Law and Regulation 1990, 9-25. New York; Practising Law Institute, 1990.
• With Philippe Sands. "Europe and Banking: 1992." In Tomorrow's Banks: Developments Shaping the 1990's, edited by Warren F. Cooke, 107-27. New York: Executive Enterprises Publications Co., 1990.
• Introduction to "International Debt: How Can Developing Countries Regain Creditworthiness?" American Society of International Law, Proceedings of the 83rd Annual Meeting (1989): 87-89.
• Remarks on "The Internationalization of the Securities Markets." American Society of International Law, Proceedings of the 82nd Annual Meeting (1988): 305-309.
• "Does International Human Rights Law Have Something to Teach Monetary Law?" Michigan Journal of International Law 10 (Winter 1989): 225-230.
• "The Fed Drops Another Bombshell on State Bank Subsidiaries." Banking Law Review 1 (Spring 1989): 62-64.
• "Insulating the Bank from Affiliated Businesses." Banking Law Review 1 (Winter 1989): 60-64.
• "The Dual Banking System." In PLI Banking Law and Regulation 1988, vol. 1, 9-17. New York: Practising Law Institute, 1988.
• "Introductory Note to the Basle Committee Paper on Proposals for International Convergence of Capital Measurement and Capital Standards." International Legal Materials 27 (1988): 524-559.
• "Latin American Debt Writeoffs Could Erode Bank Capital." Banking Law Review 1 (Summer 1988): 60-63.
• "Will We Have Common Capital Standards to Insure the Soundness of International Banking?" American Foreign Law Association Newsletter (May 1988): 16-22.
• "Recent Developments in Prudential Controls on U.S. Bank's International Activities." In Prospects for International Lending and Reschedulings, edited by Joseph Jude Norton, 33-1 - 33-20. New York: Matthew Bender, 1988.
• "The Battle for International Bank Accounts: Restrictions on International Payments for Political Ends and Article VIII of the Fund Agreement." New York University Journal of International Law and Politics 19 (1987): 981-992.
• "Introductory Note to the Basle Supervisors' Committee's Paper on Off-Balance Sheet Exposures." International Legal Materials 25 (July 1986): 978-981.
• With Francis D. Logan. "Political Dams Across Financial Flows." In Southwestern Legal Foundation, Private Investors Abroad -- Problems and Solutions in International Business in 1986, edited by Janice R. Moss, 13-1 - 13-29. New York: Matthew Bender, 1986.
• With Herbert Lazerow. Review of International Economic Law , 2nd ed., by Andreas F. Lowenfeld. American Journal of International Law 80 (1986): 722-730.
• "Part-timer Likes 'Groupthink' Analysis." Legal Times, February 25, 1985, p. 16.
• "The U.S. Response to the International Debt Crisis: The International Lending Supervision Act of 1983." Virginia Journal of International Law 25 (Winter 1985): 401-435. [Also appears in A Dance Along the Precipice: The Political and Economic Dimensions of the International Debt Problem, edited by William N. Estridge, 177-206. Lexington, MA: Lexington Books, 1985.]
• Introduction to "Cooperative Efforts in International Banking Regulation." In Proceedings of the 76th Annual Meeting of the American Society of International Law (1982), edited by George K. Walker, 352-353. Washington, D.C.: The Society, 1984.
• Review of Making International Monetary Policy, by F. Lisle Widman. Boston College International and Comparative Law Review 7 (Winter 1984): 223-228.
• "First National City Bank v. Banco Para El Comericio Exterior de Cuba." Preview of United States Supreme Court Cases (October 1982): 7-9.
• "Is the 'Codification' of the Doctrine of Sovereign Immunity Desirable?" International Practitioner's Notebook, no. 17 (January 1982): 22-24.
• With Edward Gordon. "Trends: The Decision to Block Iranian Assets - Reexamined." International Lawyer 16 (Winter 1982): 161-186.
• "U.S. Banks and the Eurocurrency Markets: The Regulatory Structure." Banking Law Journal 99 (June-July 1982): 484-511.
• "United States: Federal Reserve System Rules Concerning International Banking Facilities: Introductory Note." International Legal Materials 21 (July 1982): 872-877.
• "United States Legislation and Regulation Applicable to Deposits and Loans held by U.S. Bank Branches or Subsidiaries outside the U.S." In Les Eurocrédits: Un Instrument du Système Bancoire pour le Financement International, edited by Jean-Bernard Blaise, Philippe Fouchard, and Philippe Kahn, 409-419. Paris: Libraries Techniques, 1981.
• Review of International Organizations in their Legal Setting: Documents, Comments, and Questions, by Frederic L. Kirgis, Jr. and Legal Problems of International Economic Relations: Cases, Materials, and Text, by John H. Jackson. Boston College International and Comparative Law Review 2 (1978-79): 543-553.
• "Current Proposals for Marshalling Data on and Disclosure by Multinationals." International Lawyer 11 (Winter 1977): 61-67.
• Review of Money in the Multinational Enterprise: A Study of Financial Policy, by Sidney M. Robbins and Robert B. Stobaugh. Harvard International Law Journal 16 (Spring 1975): 516-520.
• "Treasury's New Reporting System for Information on Foreign Exchange Transactions." International Lawyer 9 (1975): 499-507.
• "Foreign Participation in United States Banking: Regulatory Myths and Realities." Boston College Industrial and Commercial Law Review 15 (May 1974): 879-976.
• Review of La Banque Mondiale et Ses Filiales: Aspects Juridiques et Fonctionnement, by Roberto Lavalle. American Journal of International Law 67 (1973): 811-813.
• With other members of American Society of International Law Panel on International Monetary Policy. Long-term International Monetary Reform: A Proposal for an Improved International Adjustment Process. Washington, D.C.: The Society, 1972.
• With Isaac Shapiro. "The Forum: A Summary of the Proceedings." In The International Position of Communist China: Background Papers and Proceedings of the Fifth Hammarskjold Forum, edited by Lyman M. Tondel, Jr., 49-65. Dobbs Ferry, NY: Oceana Publications, 1965.