THE EUROFI FINANCIAL FORUM 2018Organised in association with the Austrian EU Council Presidency

Vienna - Austria5, 6 & 7 September 2018 -

Draft agenda - 23.07.2018Hotel Hilton, 1 Stadtpark, Vienna

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Eurofi Financial Forum 2018 - ViennaOverall agenda - Draft

Wednesday 5 September 2018Wednesday 5 September 2018 Thursday 6 September 2018Thursday 6 September 2018 Friday 7 September 2018Friday 7 September 2018

NEW OPPORTUNITIES FROM TECHNOLOGY & SUSTAINABLE FINANCE INTEGRATION CHALLENGES

ENHANCING THE FINANCING OF THE EU ECONOMY

07:45-08:45

09:45-10:45

12:35-13:00

12:00-12:35

11:00-12:00

Exchange of views: Deepening the EMU:are we on the right track?

Exchange of views: Deepening the EMU:are we on the right track?

Exchange of views: Priorities for the next EU CommissionExchange of views: Priorities for the next EU Commission

Exch. of views: Priorities for further developing financialmarkets in the CEE region

Exch. of views: Priorities for further developing financialmarkets in the CEE region

Risk reduction measures in theEU banking sector (NPL,

sovereign risk,…)

Risk reduction measures in theEU banking sector (NPL,

sovereign risk,…)

Exch of views: Review of theoperation

of the ESAs

Exch of views: Review of theoperation

of the ESAs

Optimising the Banking Union:fostering the EU approach in

banking regulation andsupervision

Optimising the Banking Union:fostering the EU approach in

banking regulation andsupervision

The role of digitalisation infurther integrating EU retail

financial services(bank digitalisation,

crowdfunding passport…)

The role of digitalisation infurther integrating EU retail

financial services(bank digitalisation,

crowdfunding passport…)Exch. of views: Tackling the short term operational and

practical challenges of Brexit (contract continuity, legal issues…)Exch. of views: Tackling the short term operational and

practical challenges of Brexit (contract continuity, legal issues…)

08:45-09:45

BUFFET LUNCHBUFFET LUNCH

10:30-11:15

11:15-12:15

BUFFET LUNCHBUFFET LUNCH

Exchange of views: Enhancing cross-border risk sharingand capital allocation in the Eurozone

via the banking channel

Exchange of views: Enhancing cross-border risk sharingand capital allocation in the Eurozone

via the banking channel

Can existing marketinfrastructures sufficiently

support the CMU?

Can existing marketinfrastructures sufficiently

support the CMU?

European retirement needs:prospects of the PEPP

European retirement needs:prospects of the PEPP

Enhancing supervisionand resolution in

the Banking Union

Enhancing supervisionand resolution in

the Banking Union

Developing EU securitiesmarkets: SME listing package,IPO reform, corporate bonds

Developing EU securitiesmarkets: SME listing package,IPO reform, corporate bonds

Effectiveness and integrationof the EU fund sector

Effectiveness and integrationof the EU fund sector

Review of the Solvency IIlong term package

Review of the Solvency IIlong term package

Speeches on longer term objectives for the EUSpeeches on longer term objectives for the EU

Building an effective CMU for the EU27 post-Brexit: does theproject need redesign, prioritization

and a delivery timetable?

Building an effective CMU for the EU27 post-Brexit: does theproject need redesign, prioritization

and a delivery timetable?

COCKTAILCOCKTAIL

GALA DINNERKeynote speechGALA DINNERKeynote speech

Way forward to address increasing financial fragmentationat the global level

Way forward to address increasing financial fragmentationat the global level

Introductory speecheson multilateralism and global coordination

Introductory speecheson multilateralism and global coordination

21:00-22:30

13:45-14:45

14:45-15:45

20:30-21:00

15:45-16:45

19:00-20:15

13:00-13:45

17:30-18:10

17:00-17:30

18:30-19:00

13:45-14:15

14:15-15:30

COCKTAILCOCKTAIL

MACRO-ECONOMIC AND SYSTEMIC CHALLENGES

Exch of views: Restoring capital mobility in the euro areaExch of views: Restoring capital mobility in the euro area

20:45-22:00

Are the post Brexit contours of the future EU –UK financial services trade relationship in sight?Are the post Brexit contours of the future EU –UK financial services trade relationship in sight?

19:30-20:40

16:45-18:10

15:30-16:30 Benefits and risks ofmarket based financeactivities and ETFs

Benefits and risks ofmarket based financeactivities and ETFs

Resolution of bankinggroups at the EU levelResolution of bankinggroups at the EU level

Insurancecomprehensive risk

framework

Insurancecomprehensive risk

framework

Cyber-resilience:priorities at global

and EU levels

Cyber-resilience:priorities at global

and EU levels

Supervision of EUand third country CCPs

Supervision of EUand third country CCPs

Improving financingprospects of EU

infrastructure projects

Improving financingprospects of EU

infrastructure projects

Data privacy:implications and

challenges

Data privacy:implications and

challenges

18:15-19:00 Financing and investmentchallenges in the CESEE

region

Financing and investmentchallenges in the CESEE

region

Speeches on recent macro-economic and regulatorydevelopments impacting the global financial systemSpeeches on recent macro-economic and regulatorydevelopments impacting the global financial system

19:00-19:30

Ten years after Lehman: are the EUand global financial systems safer?Ten years after Lehman: are the EUand global financial systems safer?

12:00-12:15

BUFFET LUNCHBUFFET LUNCH

13:00-13:45 Exch of views: What measures are necessary to increaselong term institutional investment in the EU?

Exch of views: What measures are necessary to increaselong term institutional investment in the EU?

10:00-10:30

The Eurozone: what is at stake (speech)The Eurozone: what is at stake (speech)

10:30-12:00

Opening remarks (E. Nowotny)Opening remarks (E. Nowotny)

13:00-14:00

Concluding remarksConcluding remarks 13:00-13:15

08:00-09:15

09:15-10:15

10:15-10:30

Profitability challenges of EU banks:impacts and possible solutions

Profitability challenges of EU banks:impacts and possible solutions

Harnessing the potential of Fintech and digitalisation in theEU to improve customer service and price efficiency

Harnessing the potential of Fintech and digitalisation in theEU to improve customer service and price efficiency

Digital and regulatorydisruptions in EU retail

payments

Digital and regulatorydisruptions in EU retail

payments

Regulatory implicationsof sustainable finance

Regulatory implicationsof sustainable finance

Crypto-currencies : whichpolicy approach?

Crypto-currencies : whichpolicy approach?

Exch. of views: Forthcoming challenges and prospectsfor the EU asset management sector

Exch. of views: Forthcoming challenges and prospectsfor the EU asset management sector

Exch. of views: How cansustainable investment be amajor economic driver for

Europe?

Exch. of views: How cansustainable investment be amajor economic driver for

Europe?

Speech: The future of the Euro areaSpeech: The future of the Euro area 18:10-18:30

REGISTRATIONREGISTRATION

Opening remarks

E. Nowotny (Central Bank of Austria)

C. Borio (BIS)

Opening remarks

E. Nowotny (Central Bank of Austria)

C. Borio (BIS)

10:00-10:30

12:00-12:15

Eurofi Financial Forum 2018 – ViennaConfirmed speakers are in bold

Macro-economic and political challengesWednesday 5 September morning

The Eurozone: what is at stake?Keynote speech – TBD

The Eurozone: what is at stake?Keynote speech – TBD

Ten years after Lehman: are the EU and global financial systems safer?

Chair: J. Berrigan (EU Comm-DG FISMA)Industry speaker: Blackrock (I. Mateos y Lago), Standard Chartered (J. Viñals), RBI (J. Strobl), UBS (M. Ronner)Public authority speaker:, Japan FSA (R. Himino), ECB (P. Praet), Bank of England (S. Woods), Central Bank of Austria (E. Nowotny)

Ten years after Lehman: are the EU and global financial systems safer?

Chair: J. Berrigan (EU Comm-DG FISMA)Industry speaker: Blackrock (I. Mateos y Lago), Standard Chartered (J. Viñals), RBI (J. Strobl), UBS (M. Ronner)Public authority speaker:, Japan FSA (R. Himino), ECB (P. Praet), Bank of England (S. Woods), Central Bank of Austria (E. Nowotny)

10:30-12:00

BUFFET LUNCHBUFFET LUNCH12:15-13:00

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Exchange of views : What measures are necessary to increase long term institutional investment in the EU?Chair: D. Wright (EUROFI)Industry speakers: AXA (D. Duverne), Uniqa (A. Brandstetter)Public authority speaker: Min Fin Austria (H. Löger)

Exchange of views : What measures are necessary to increase long term institutional investment in the EU?Chair: D. Wright (EUROFI)Industry speakers: AXA (D. Duverne), Uniqa (A. Brandstetter)Public authority speaker: Min Fin Austria (H. Löger)

13:00-13:45

14:15-15:30Insurance comprehensive risk framework

Chair: G. Bernardino (EIOPA)Industry speakers: Axa (J. Ariss), Metlife (J. Engelhard), AIG(E. Ligere)Public authority speakers: IAIS (V. Saporta),BaFin (F. Grund), NAIC (J. McPeak), EU Comm-DG FISMA (M. Merlin)

Insurance comprehensive risk framework

Chair: G. Bernardino (EIOPA)Industry speakers: Axa (J. Ariss), Metlife (J. Engelhard), AIG(E. Ligere)Public authority speakers: IAIS (V. Saporta),BaFin (F. Grund), NAIC (J. McPeak), EU Comm-DG FISMA (M. Merlin)

Resolution of banking groups at the EU level

Chair: A. Enria (EBA)Industry speakers: Credit Suisse (W. Ervin), BNPP (M. Venus),Moody’s (A. Laurin),Public authority speakers: SRB (E. König), ACPR (E. FernandezBollo), Austrian FSA (K. Kumpfmüller)

Resolution of banking groups at the EU level

Chair: A. Enria (EBA)Industry speakers: Credit Suisse (W. Ervin), BNPP (M. Venus),Moody’s (A. Laurin),Public authority speakers: SRB (E. König), ACPR (E. FernandezBollo), Austrian FSA (K. Kumpfmüller)

Data privacy: implications and challenges

Chair: K. Swinburne (MEP)Industry speakers: Swiss Re (C. Paterson), KPMG, (J. Cassidy) DNB(E. Brekke), Suade (D. Paredes)Public authority speakers: MEP (E. Kelli), Austrian Data ProtectionAuthority & European Data Protection Board (A. Jelinek), Min Fin France(S. Raspiller)

Data privacy: implications and challenges

Chair: K. Swinburne (MEP)Industry speakers: Swiss Re (C. Paterson), KPMG, (J. Cassidy) DNB(E. Brekke), Suade (D. Paredes)Public authority speakers: MEP (E. Kelli), Austrian Data ProtectionAuthority & European Data Protection Board (A. Jelinek), Min Fin France(S. Raspiller)

Benefits and risks of market based finance activities and ETFs

Chair: F. Mazzaferro (ESRB)Industry speakers: Deka (M. Rüdiger), Amundi (F. Bompaire), StateStreet (N. Archard)Public authority speakers: IOSCO (T. Singh), AMF (N. Cazenave),Central Bank of Ireland (M. Moloney)

Benefits and risks of market based finance activities and ETFs

Chair: F. Mazzaferro (ESRB)Industry speakers: Deka (M. Rüdiger), Amundi (F. Bompaire), StateStreet (N. Archard)Public authority speakers: IOSCO (T. Singh), AMF (N. Cazenave),Central Bank of Ireland (M. Moloney)

15:30-16:30

Exchange of views: Restoring capital mobility in the euro area

Chair: P. Praet (ECB)Industry speaker: BNP Paribas (J. Lemierre)Public authority speaker: IMF (M. Pradhan), German Finance Ministry (L. Holle), MEP (L. Niedermayer)

Exchange of views: Restoring capital mobility in the euro area

Chair: P. Praet (ECB)Industry speaker: BNP Paribas (J. Lemierre)Public authority speaker: IMF (M. Pradhan), German Finance Ministry (L. Holle), MEP (L. Niedermayer)

13:45-14:15

Eurofi Financial Forum 2018 - ViennaConfirmed speakers are in bold

Macro-economic and political challengesWednesday 5 September afternoon

4

16:45-18:10

18:15-19:00

Improving financing prospects of EU infrastructure projects

Chair: B. Angel (EU Comm-DG ECFIN)Industry speakers: Caisse des Depôts (S. Barbier), BPCE/Natixis(E. Gillet Lagarde), BAML (A. Batchvarov)Public authority speakers: EIB (A. Godard), EU Parl ECON(P. Jezek), OECD (R. Della Croce)

Improving financing prospects of EU infrastructure projects

Chair: B. Angel (EU Comm-DG ECFIN)Industry speakers: Caisse des Depôts (S. Barbier), BPCE/Natixis(E. Gillet Lagarde), BAML (A. Batchvarov)Public authority speakers: EIB (A. Godard), EU Parl ECON(P. Jezek), OECD (R. Della Croce)

Supervision of EU and third country CCPs

Chair: S. Maijoor (ESMA)Industry speakers: LCH (D. Maguire), BPSS (L. Caron-Habib),Deutsche Börse (E. Müller), ICE (F. Hutcheson)Public authority speakers: Bundesbank (J. Metzger), Bank ofEngland (D. Bailey), Austrian Min Fin (P. Pitnik), EU Parl ECON(D. Hübner), Central Bank of China (L. Chao)

Supervision of EU and third country CCPs

Chair: S. Maijoor (ESMA)Industry speakers: LCH (D. Maguire), BPSS (L. Caron-Habib),Deutsche Börse (E. Müller), ICE (F. Hutcheson)Public authority speakers: Bundesbank (J. Metzger), Bank ofEngland (D. Bailey), Austrian Min Fin (P. Pitnik), EU Parl ECON(D. Hübner), Central Bank of China (L. Chao)

Financing and investment challenges in the CESEE region

Chair: G. Tumpel-GugerellIndustry speakers: Bucharest Stock Exchange (L. Anghel), BankAustria (S. Bruckbauer), Blackrock (J. Hagel)Public authority speakers: EIB (D. Revoltella), Central Bank ofMacedonia (A. Angelovska Bezoska), Min Fin Slovakia (P. Palus)

Financing and investment challenges in the CESEE region

Chair: G. Tumpel-GugerellIndustry speakers: Bucharest Stock Exchange (L. Anghel), BankAustria (S. Bruckbauer), Blackrock (J. Hagel)Public authority speakers: EIB (D. Revoltella), Central Bank ofMacedonia (A. Angelovska Bezoska), Min Fin Slovakia (P. Palus)

Cyber-resilience: priorities at global and EU levels

Chair: M. Bayle de Jessé (ECB)Industry speakers: Swift (S. Devolder), Santander (D. Barriuso)Public authority speakers: CPMI (M. Bech), Bank of Spain (C.Conesa)

Cyber-resilience: priorities at global and EU levels

Chair: M. Bayle de Jessé (ECB)Industry speakers: Swift (S. Devolder), Santander (D. Barriuso)Public authority speakers: CPMI (M. Bech), Bank of Spain (C.Conesa)

Eurofi Financial Forum 2018 - ViennaConfirmed speakers are in bold

Macro-economic and political challengesWednesday 5 September afternoon

Speeches on recent macro-economic and regulatory developments impacting the global financial system

R. Quarles (US FED)R. Gnodde (Goldman Sachs)

Speeches on recent macro-economic and regulatory developments impacting the global financial system

R. Quarles (US FED)R. Gnodde (Goldman Sachs)

19:00-19:30

Are the post Brexit contours of the future EU – UK financial services trade relationship in sight?

Chair: D. Wright (EUROFI)Industry speaker: Mizuho (H. Nagamine), Santander (S. Vadera), Goldman Sachs (D. McDonogh),Public authority speaker: German Min Fin (L. Holle), EU Comm-DG FISMA (J. Berrigan), HM Treasury (K. Braddick)Expert : C. Noyer (Banque de France)

Are the post Brexit contours of the future EU – UK financial services trade relationship in sight?

Chair: D. Wright (EUROFI)Industry speaker: Mizuho (H. Nagamine), Santander (S. Vadera), Goldman Sachs (D. McDonogh),Public authority speaker: German Min Fin (L. Holle), EU Comm-DG FISMA (J. Berrigan), HM Treasury (K. Braddick)Expert : C. Noyer (Banque de France)

19:30-20:40

Welcome cocktailWelcome cocktail20:45-22:00

5

16:45-18:00

18:00-19:00

Eurofi Financial Forum 2018 - ViennaConfirmed speakers are in bold

New opportunities from technology & sustainable financeThursday 6 September morning

10:30-11:15 Harnessing the potential of fintech and digitalisation in the EU to improve customer service and efficiencyChair: D. Wright (EUROFI)Industry speaker: BBVA (I. Ormerod), Nasdaq (L. Rosendahl), DTCC (M. Wetjen),Public authority speaker: Bundesbank (J. Wuermeling), Min Fin France (S. Raspiller)

Harnessing the potential of fintech and digitalisation in the EU to improve customer service and efficiencyChair: D. Wright (EUROFI)Industry speaker: BBVA (I. Ormerod), Nasdaq (L. Rosendahl), DTCC (M. Wetjen),Public authority speaker: Bundesbank (J. Wuermeling), Min Fin France (S. Raspiller)

Profitability challenges of EU banks: impacts and possible solutionsChair: B. Balz (EU Parl ECON)Industry speaker: CaixaBank (J. Gual), BNP Paribas (P. Bordenave), S&P (B. de Longevialle)Public authority speaker: SSM (K. Ibel), Central Bank of Italy (P. Angelini), Min Fin Finland (L. Mörttinen), Central Bank of Romania(F. Georgescu)

Profitability challenges of EU banks: impacts and possible solutionsChair: B. Balz (EU Parl ECON)Industry speaker: CaixaBank (J. Gual), BNP Paribas (P. Bordenave), S&P (B. de Longevialle)Public authority speaker: SSM (K. Ibel), Central Bank of Italy (P. Angelini), Min Fin Finland (L. Mörttinen), Central Bank of Romania(F. Georgescu)

11:15-12:15

Buffet lunchBuffet lunch12:15-13:00

6

08:00-09:30

09:15-10:15

Crypto-currencies : which policy approach?

Chair: H. Waiglein (Min Fin Austria)Industry speakers: BBVA (JM González-Páramo)Public authority speakers: MEP (J. von Weizsäcker), Central Bank ofJapan (H. Hideshima), Banque de France (D. Beau), CPMI (M. Bech)

Crypto-currencies : which policy approach?

Chair: H. Waiglein (Min Fin Austria)Industry speakers: BBVA (JM González-Páramo)Public authority speakers: MEP (J. von Weizsäcker), Central Bank ofJapan (H. Hideshima), Banque de France (D. Beau), CPMI (M. Bech)

Digital and regulatory disruptions in EU retail payments

Chair: M. Müller (Central Bank Estonia)Industry speakers: Amex (L. Seeger), Western Union (M. Alvisini),Nykredit (K. Laustsen)Public authority speakers: EU Parl ITRE (A. Fox), ECB (M. Bayle deJessé), Central Bank of Italy (L. Tornetta)

Digital and regulatory disruptions in EU retail payments

Chair: M. Müller (Central Bank Estonia)Industry speakers: Amex (L. Seeger), Western Union (M. Alvisini),Nykredit (K. Laustsen)Public authority speakers: EU Parl ITRE (A. Fox), ECB (M. Bayle deJessé), Central Bank of Italy (L. Tornetta)

Regulatory implications of sustainable finance

Chair: J. Berrigan (EU Comm-DG FISMA)Industry speakers: Zurich Insurance (J. Scott), PWC (R. Feghali),Barclays (R-M.Thomas), Allianz GI (A. Utermann),Public authority speakers: EIOPA (F. Parente), EBA (A. Farkas),EU Parl ECON (P. Tang), EU Comm-DG Energy (G. Thomas)

Regulatory implications of sustainable finance

Chair: J. Berrigan (EU Comm-DG FISMA)Industry speakers: Zurich Insurance (J. Scott), PWC (R. Feghali),Barclays (R-M.Thomas), Allianz GI (A. Utermann),Public authority speakers: EIOPA (F. Parente), EBA (A. Farkas),EU Parl ECON (P. Tang), EU Comm-DG Energy (G. Thomas)

Exchange of views : Forthcoming challenges and prospects for the EU asset management sectorChair : D. WrightIndustry speaker : P. Thomson (JP Morgan AM)

Exchange of views : Forthcoming challenges and prospects for the EU asset management sectorChair : D. WrightIndustry speaker : P. Thomson (JP Morgan AM)

10:15-10:30

09:30-10:00 Exchange of views : How can sustainable investmentbe a major economic driver for Europe?

Chair J. BerriganIndustry speakers : Fidelity (D. Rossi), BAML (S. Buchta)Public authority speakers : EU Comm-DGENV (D. Calleja), MEP (S.Pietikainen)

Exchange of views : How can sustainable investmentbe a major economic driver for Europe?

Chair J. BerriganIndustry speakers : Fidelity (D. Rossi), BAML (S. Buchta)Public authority speakers : EU Comm-DGENV (D. Calleja), MEP (S.Pietikainen)

08:00-09:15

Eurofi Financial Forum 2018 - ViennaConfirmed speakers are in bold

Enhancing the financing of the EU economyThursday 6 September afternoon

13:00-13:45

Building an effective CMU for the EU27 post-Brexit:does the project need redesign, prioritization and a delivery timetable?

Chair: D. Wright (EUROFI)Industry speaker: BNY Mellon (S. Revell), Euronext (S. Boujnah), JP Morgan (V. Grilli)Public authority speaker: J. Berrigan (EU Comm-DG FISMA), R. Gualtieri (EU Parl ECON), S. Maijoor (ESMA), R. Ophèle (AMF)

Building an effective CMU for the EU27 post-Brexit:does the project need redesign, prioritization and a delivery timetable?

Chair: D. Wright (EUROFI)Industry speaker: BNY Mellon (S. Revell), Euronext (S. Boujnah), JP Morgan (V. Grilli)Public authority speaker: J. Berrigan (EU Comm-DG FISMA), R. Gualtieri (EU Parl ECON), S. Maijoor (ESMA), R. Ophèle (AMF)

13:45-14:45

14:45-15:45

Developing EU securities markets: SME listing package,IPO reform, corporate bonds

Chair: V. Ross (ESMA)Industry speakers: Nasdaq (A. Kostyál), Tradition (V. Remay),Morgan Stanley, Fidelity (H. Erbe)Public authority speakers: CNMV (S. Albella), Consob (N. Giusto)

Developing EU securities markets: SME listing package,IPO reform, corporate bonds

Chair: V. Ross (ESMA)Industry speakers: Nasdaq (A. Kostyál), Tradition (V. Remay),Morgan Stanley, Fidelity (H. Erbe)Public authority speakers: CNMV (S. Albella), Consob (N. Giusto)

Enhancing supervision and resolution in the Banking Union

Chair: E. Fernandez Bollo (ACPR)Industry speakers: Soc Générale (D. Lebot), ING (D. vanWassenaer), BayernLB (J. Riegler)Public authority speakers: BaFin (F. Hufeld), SSM(S. Lautenschläger), SRB (E. König), IMF (J. Morsink)

Enhancing supervision and resolution in the Banking Union

Chair: E. Fernandez Bollo (ACPR)Industry speakers: Soc Générale (D. Lebot), ING (D. vanWassenaer), BayernLB (J. Riegler)Public authority speakers: BaFin (F. Hufeld), SSM(S. Lautenschläger), SRB (E. König), IMF (J. Morsink)

Review of the Solvency II long term package

Chair: M. Merlin (EU Comm-DG FISMA)Industry speakers: Allianz (G. Terzariol), Credit Agricole Assurances(C. Michaud)Public authority speakers: EIOPA (M. Zweimueller), EU Parl ECON(P. Berès), BaFin (F. Grund)Expert: JJ Bonnaud (EUROFI)

Review of the Solvency II long term package

Chair: M. Merlin (EU Comm-DG FISMA)Industry speakers: Allianz (G. Terzariol), Credit Agricole Assurances(C. Michaud)Public authority speakers: EIOPA (M. Zweimueller), EU Parl ECON(P. Berès), BaFin (F. Grund)Expert: JJ Bonnaud (EUROFI)

Effectiveness and integration of the EU fund sector

Chair: M. Nava (Consob)Industry speakers: Caceis (E. Derobert), Federated (D. Gepp),AXA IM (S. Janin), BNY Mellon (D. Claus)Public authority speakers: AFM, (H. van Beusekom),MEP (R. Tremosa)Expert: European Investors Association (N. Lemmers)

Effectiveness and integration of the EU fund sector

Chair: M. Nava (Consob)Industry speakers: Caceis (E. Derobert), Federated (D. Gepp),AXA IM (S. Janin), BNY Mellon (D. Claus)Public authority speakers: AFM, (H. van Beusekom),MEP (R. Tremosa)Expert: European Investors Association (N. Lemmers)

15:45-16:45

European retirement needs:prospects of the PEPP

Chair: M. Merlin (EU Comm-DG FISMA)Industry speakers: CNP Assurances (X. Larnaudie-Eiffel), Fidelity(N. Westerbarkey)Public authority speakers: EIOPA (G. Bernardino), EU Parl ECON(B. Hayes), Min Fin Austria (N. Wiedermann-Ondrej)Expert: Better Finance (G. Prache)

European retirement needs:prospects of the PEPP

Chair: M. Merlin (EU Comm-DG FISMA)Industry speakers: CNP Assurances (X. Larnaudie-Eiffel), Fidelity(N. Westerbarkey)Public authority speakers: EIOPA (G. Bernardino), EU Parl ECON(B. Hayes), Min Fin Austria (N. Wiedermann-Ondrej)Expert: Better Finance (G. Prache)

Can existing market infrastructures sufficientlysupport the CMU?

Chair: M. Ferber (MEP)Industry speakers: Deutsche Börse (A. Hachmeister), BME,Euroclear (I. Peeters)Public authority speakers: Bundesbank (J. Wuermeling), Min FinFrance (S. Raspiller), ESMA (V. Ross)

Can existing market infrastructures sufficientlysupport the CMU?

Chair: M. Ferber (MEP)Industry speakers: Deutsche Börse (A. Hachmeister), BME,Euroclear (I. Peeters)Public authority speakers: Bundesbank (J. Wuermeling), Min FinFrance (S. Raspiller), ESMA (V. Ross)

7

17:00-17:30Speeches on the key financial challenges facing the EU

Chair: D. Wright (EUROFI)V. Dombrovskis (EU Commission)

Speeches on the key financial challenges facing the EUChair: D. Wright (EUROFI)V. Dombrovskis (EU Commission)

Eurofi Financial Forum 2018 - ViennaConfirmed speakers are in bold

Enhancing the financing of the EU economyThursday 6 September afternoon

17:30-18:10Exchange of views: Enhancing cross-border risk sharing and capital allocation in the Eurozone via the banking channel

Chair: S. Goulard (Banque de France)Industry speaker: X. Musca (Crédit Agricole), C. von Koskull (Nordea)Public authority speaker: Dr. J. Kukies (German Finance Ministry), V. Vasiliauskas (Central bank of Lithuania)

Exchange of views: Enhancing cross-border risk sharing and capital allocation in the Eurozone via the banking channel

Chair: S. Goulard (Banque de France)Industry speaker: X. Musca (Crédit Agricole), C. von Koskull (Nordea)Public authority speaker: Dr. J. Kukies (German Finance Ministry), V. Vasiliauskas (Central bank of Lithuania)

18:30-19:00 Introductory speeches on multilateralism and global coordination

Chair: D. Wright (EUROFI)Public authority speaker: A. Bailey (FCA), C. Giancarlo (CFTC), J. Berrigan (EU Commission)

Introductory speeches on multilateralism and global coordination

Chair: D. Wright (EUROFI)Public authority speaker: A. Bailey (FCA), C. Giancarlo (CFTC), J. Berrigan (EU Commission)

19:00-20:15

Way forward to address increasing financial fragmentation at the global level.

Chair: D Wright (EUROFI)Industry speaker: MUFG (M. Kuwahara), JP Morgan (S. O’Connor), Goldman Sachs (F. Shirzad), Deutsche Bank (S. Matherat), DTCC (L.Thompson)Public authority speaker: Japan FSA (R. Himino), BCBS (W. Coen), EU Comm-DG FISMA (M. Merlin), SFMA (M. Branson), CFTC (E. Pan)

Way forward to address increasing financial fragmentation at the global level.

Chair: D Wright (EUROFI)Industry speaker: MUFG (M. Kuwahara), JP Morgan (S. O’Connor), Goldman Sachs (F. Shirzad), Deutsche Bank (S. Matherat), DTCC (L.Thompson)Public authority speaker: Japan FSA (R. Himino), BCBS (W. Coen), EU Comm-DG FISMA (M. Merlin), SFMA (M. Branson), CFTC (E. Pan)

CocktailCocktail

Gala DinnerKeynote speech

Gala DinnerKeynote speech

20:30-21:00

21:00-22:30

8

Speech: the future of the Euro areaM. Centeno (EuroGroup)

Speech: the future of the Euro areaM. Centeno (EuroGroup)

18:10-18:30

07:45-08:45 Exchange of views: Deepening the EMU: are we on the right track?

Chair: D. Wright (Eurofi)Public authority speaker: N. Calviño (Min Fin Spain), B. Le Maire (Min Fin France), P. Kazimir (Min Fin Slovakia), J. van Overtveldt (Min FinBelgium),

Exchange of views: Deepening the EMU: are we on the right track?

Chair: D. Wright (Eurofi)Public authority speaker: N. Calviño (Min Fin Spain), B. Le Maire (Min Fin France), P. Kazimir (Min Fin Slovakia), J. van Overtveldt (Min FinBelgium),

Eurofi Financial Forum 2018 – Vienna Confirmed speakers are in bold

Integration challengesFriday 7 September morning

11:00-12:00 Tackling the short term operational and practical challenges of Brexit (contract continuity, legal issues…)Introductory discussion:B. Thompson (Bank of America) / D. WrightExchange of views:Chair: D. Wright (EUROFI)Industry speaker: B. Thompson (Bank of America), T. Imaeda (SMBC)Public authority speaker: F. Hufeld (BaFin), D. Beau (Banque de France), J. Cunliffe (Bank of England), S. Donnery (Central Bank of Ireland)

Tackling the short term operational and practical challenges of Brexit (contract continuity, legal issues…)Introductory discussion:B. Thompson (Bank of America) / D. WrightExchange of views:Chair: D. Wright (EUROFI)Industry speaker: B. Thompson (Bank of America), T. Imaeda (SMBC)Public authority speaker: F. Hufeld (BaFin), D. Beau (Banque de France), J. Cunliffe (Bank of England), S. Donnery (Central Bank of Ireland)

12:00-12:35

Exchange of views: Priorities for further developing capital & financial markets in the CEE regionChair: M. Petrova (Min Fin Bulgaria)Industry speaker: A. McDowell (EIB), A. Treichl (Erste Bank)Public authority speaker: E. O. Teodorovici (Min Fin Romania), P. Heilbronn (EBRD), Z. Marić (Min Fin Croatia),

Exchange of views: Priorities for further developing capital & financial markets in the CEE regionChair: M. Petrova (Min Fin Bulgaria)Industry speaker: A. McDowell (EIB), A. Treichl (Erste Bank)Public authority speaker: E. O. Teodorovici (Min Fin Romania), P. Heilbronn (EBRD), Z. Marić (Min Fin Croatia),

12:35-13:00Exchange of views: Priorities for the next EU Commission

Chair: D. Wright (EUROFI)Public authority speaker: R. Gualtieri (EU Parl ECON), P. Berès (EU Parl ECON)

Exchange of views: Priorities for the next EU CommissionChair: D. Wright (EUROFI)Public authority speaker: R. Gualtieri (EU Parl ECON), P. Berès (EU Parl ECON)

Buffet LunchBuffet Lunch

08:45-09:45Exch. of views:

Reviewing the operation of the ESAs

Chair: P. Berès (EU Parl ECON)Public authority speakers: AMF (R. Ophèle), FINMA (J-P Servais)Consob (M. Nava), BaFin (F. Hufeld), Austrian FSA (H. Ettl), AFM(M. van Vroonhoven)

Exch. of views:Reviewing the operation of the ESAs

Chair: P. Berès (EU Parl ECON)Public authority speakers: AMF (R. Ophèle), FINMA (J-P Servais)Consob (M. Nava), BaFin (F. Hufeld), Austrian FSA (H. Ettl), AFM(M. van Vroonhoven)

Risk reduction measures in the EU bankingsector (NPL, sovereign risk,…)

Chair: K. Knot (Central Bank NL)Industry speakers: Banco Sabadell (T. Varela), BAML (A. Magasiner),Unicredit (F. Saccomanni)Public authority speakers: Central Bank of Ireland (S. Donnery),Central Bank of Croatia (B. Vujcic), Bank of Spain (P. Hernandez deCos), EBA (A. Enria)

Risk reduction measures in the EU bankingsector (NPL, sovereign risk,…)

Chair: K. Knot (Central Bank NL)Industry speakers: Banco Sabadell (T. Varela), BAML (A. Magasiner),Unicredit (F. Saccomanni)Public authority speakers: Central Bank of Ireland (S. Donnery),Central Bank of Croatia (B. Vujcic), Bank of Spain (P. Hernandez deCos), EBA (A. Enria)

09:45-10:45 The role of digitalisation in further integrating EU retailfinancial services (bank digitalisation, crowdfunding passport…)

Chair: A. DombretIndustry speakers: Banque Postale (F. Lustman), Erste Bank(B. Quitt), BlackRock (J. Hagel)Public authority speakers: MEP (C. Ivan), Finnish FSA(A. Tuominen), Central Bank of Austria (A. Ittner)

The role of digitalisation in further integrating EU retailfinancial services (bank digitalisation, crowdfunding passport…)

Chair: A. DombretIndustry speakers: Banque Postale (F. Lustman), Erste Bank(B. Quitt), BlackRock (J. Hagel)Public authority speakers: MEP (C. Ivan), Finnish FSA(A. Tuominen), Central Bank of Austria (A. Ittner)

Optimising the Banking Union: fostering the EU approachin banking regulation and supervision

Chair: M. Merlin (EU Commission)Industry speakers: DSGV (K.P. Schackmann-Fallis), BBVA(J. M. González-Páramo)Public authority speakers: Central Bank of NL (K. Knot), Banque deFrance (S. Goulard), MEP (P. Simon), Central Bank of Finland (O. Rehn)

Optimising the Banking Union: fostering the EU approachin banking regulation and supervision

Chair: M. Merlin (EU Commission)Industry speakers: DSGV (K.P. Schackmann-Fallis), BBVA(J. M. González-Páramo)Public authority speakers: Central Bank of NL (K. Knot), Banque deFrance (S. Goulard), MEP (P. Simon), Central Bank of Finland (O. Rehn)

9

13:00-13:15Closing remarksClosing remarks

Main activitiesThe main objectives of Eurofi are to help industry and public decision-makers reach a commonunderstanding of possible evolutions required in the regulation and supervision of financial services andto open the way to legislative or industry-driven solutions that may enhance the safety and effectivenessof the EU financial sector and its contribution to economic growth.

Eurofi acts in a general interest perspective, facilitating exchanges of views between diverse financialindustry players and the public authorities. These discussions are prepared by objective fact findingand issue analyses.

Eurofi has two main types of activities conducted by Didier Cahen, Secretary General of Eurofi,Jean-Marie Andrès and Marc Truchet, Senior Fellows:

Events and meetings: Eurofi organizes annually two major international events (the High Level Seminar in April

and the Financial Forum in September) gathering industry leaders and EU and international publicdecision makers for discussions on the major on-going regulatory projects in the financial area and therole of the financial sector in fostering growth as well as the economic and monetary environment.

These events are regularly organised in association with the EU Presidencies in parallel with informalECOFIN councils and in some cases with the G20 Presidencies. They are organised with the supportof Virginie Denis and her team.

Additional workshops involving the members of Eurofi are set up to exchange views on regulatoryissues. Bilateral meetings are also regularly organised with representatives of the public authoritiesand other stakeholders (e.g. end-users, experts) to fine-tune assessments and proposals.

Research and documentation: Assessments and proposals taking into account economic, risk and end-user impacts are prepared

with the support of cross-sectoral working groups comprising members of Eurofi.

Topics addressed include prospective and on-going regulatory proposals at the EU and global levels,industry trends as well as the impacts for the financial sector of the economic challenges the EU isfacing.

• A not-for-profit organization currently chaired by David Wright who succeeded Jacques de Larosière as Chairman in April 2016• A platform for exchanges between the financial services industry and the public authorities addressing issues related to the evolution of financial regulation

and supervision and the economic and monetary context impacting the EU financial sector

• A not-for-profit organization currently chaired by David Wright who succeeded Jacques de Larosière as Chairman in April 2016• A platform for exchanges between the financial services industry and the public authorities addressing issues related to the evolution of financial regulation

and supervision and the economic and monetary context impacting the EU financial sector

ABOUT EUROFIThe European think tank dedicated to financial services

Membership of Eurofi : leading global and European financial institutions from different sectors of the industry

Main topics currently addressed111

Measures and instruments needed to ensure an appropriate financing of the EU economy:impacts of Brexit on the financing of the EU, impact of on-going monetary actions, measures tosupport bank financing (securitisation), diversification of the financing of SMEs and infrastructureprojects, proposals for developing a long term investment perspective, climate change agenda Prospects of digitalisation and fintech: digital transformation in the banking and insurance

industries, fintech and blockchain applications in the capital markets and investment, relatedregulatory challenges Prospects of further EU integration: implementation of the Banking Union, priorities for

implementing a Capital Markets Union, possible evolution towards a fiscal union and further economicintegration in the Eurozone, evolution of the EU regulatory and supervisory authorities (ESRB, ESAs). Optimizing the EU financial services internal market: payments, review of the IORP directive,

regulation of CRAs, prospects of further banking integration and of digital banking Evolutions of the prudential and regulatory framework of banks and insurance

companies: fine-tuning and implementation of banking and insurance prudential frameworks,recovery and resolution of banks and non-banks, culture and conduct measures Capital markets and investment product regulations: Capital Markets Union, regulation of

securities, derivatives and commodities markets and infrastructures, recovery and resolution of CCPs,cybersecurity, SFT and collateral requirements, asset management regulations, investor protectionregulation (PRIPs, MiFID, IMD…), regulation of shadow banking Financial regulation at the global level: feasibility of bank crisis management at the global level,

coordination of capital markets regulations at the global level, systemicity of non-banks non-insurers