22.02.2018
14:00

2018 CEPS Finance Lab: Europe back on track

Published in 
The Egg, Rue Bara 175, 1070 Bruxelles, Belgium

PROGRAMME

22 February 2018

14h30 - 15h45. SESSION 1: Technology: The missing link in compliance?

Regulatory technology’s promise resides in the ease of the burden of compliance through the intensive use of technology. This is supposed to be the only way for financial organisations to remain flexible and productive. Should regtech businesses be promoted by regulators and if they should, what are the best tools (tax incentives, labour skills, etc)? Should specific risks such as the sharing of sensitive data with unregulated fintechs be better addressed by regulators? Can Regtech solutions efficiently address the issue of persistent fragmentation in regulatory standards?

Discussion Leaders

  • Stewart Room, Global Head of Cyber Security and Data Protection Legal Services, PwC
  • Jakob von Weizsäcker, Member of the European Parliament, ECON Committee (tbc)
  • Geert Huyghe, Head of Compliance Financial Security & KYC, BNP Paribas Fortis (tbc)

Moderator

  • Sylvain Bouyon, Research Fellow and Head of Retail Finance & Fintech Programme, CEPS

16h15 - 17h30. SESSION 2: Where is sustainable finance in the CMU?

In Europe, the capital markets ecosystem needs to further evolve in order to better support the transition towards more sustainable economic models. Many underlying conditions are still missing. Are investors integrating Environmental, Social, Governance (ESG) factors at a meaningful enough rate to bring about significant change? Is there a real ‘scarcity’ of sustainable assets/projects in Europe? Should financial regulation/supervision be used as a tool to (dis)incentivize such investments?

Discussion Leaders

  • Bo Becker, Professor, Department of Finance, Stockholm School of Economics
  • Jonathan Taylor, Vice President, European Investment Bank

Moderator

  • Martina Macpherson, Board Member, Global Network for Sustainable Financial Markets

23 February 2018

9h15 - 10h30. SESSION 3: Completing the Banking Union: Emergency liquidity facility for resolved banks

The Banking Union is still incomplete. One of the elements that still missing in the framework to break the doom-loop between banks and governments, is a liquidity facility for resolved banks. The existing emergency liquidity assistance (ELA) facility that central banks provide as a last resort is insufficient based on the first resolution. What are the requirements for a liquidity facility? How should a liquidity facility look like? Who should be able to provide the required liquidity?

Discussion Leaders

  • Marco Lamandini, Professor of Company Law and Banking and Securities Law, University of Bologna
  • Alicia Sanchis Arellano, Recovery & Resolution Director, Banco Santander
  • John Fell, Deputy Director General, Macroprudential Policy & Financial Stability, ECB (tbc)

Moderator

  • Willem Pieter de Groen, Research Fellow and Head of Financial Markets and Institutions Unit, CEPS

NOTE

  • The participation in the Finance Lab is by invitation only.  
  • Please contact Cosmina Amariei by email at: cosmina.amariei@ceps.eu or by phone on +32 222 93 955.