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
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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
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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