2013 EU Financial Regulation Conference

1 October 2013, 14.00-18.00, registration and welcome coffee from 13.30

Square Brussels Meeting Center (formerly Palais des Congrès), Jardin du Mont des Arts, 1000 Brussels



 

To get Europe back on track towards long-term sustainable growth is a key goal in which the financial services industry has a vital role to play. The banking sector, institutional investor and capital markets all have an important contribution to make in channeling savings into long-term investments. Reinforced prudential rules for different market players may hamper their ability to channel funds into long-term investments, which in general are riskier and less liquid. At the same time, if not designed correctly third country rules may reduce the access to funding from international investors.
How can we at the same time achieve financial stability and long-term growth? How can we achieve a regulatory environment that creates the best conditions for the financial industry to channel funds for long-term investments?

  

08.30 - 09.00 Welcome coffee & mingle

 

09.00 - 09.05 Welcome speech

 

09.05 - 09.15 Moderator’s opening remarks

 

09.15 - 10.55 Panel 1: How can the banking sector contribute to long-term growth?

 

In the EU, bank lending has traditionally been the main source of funding for SMEs. Those are however risky and illiquid assets, which banks will need to reduce in order to meet the new capital requirements.

 

Possible discussion points:

 

Speaker line-up

Othmar Karas Vice President, European Parliament

Erik Van Der Plaats Policy Co-ordinator, Unit H1- Banks and Financial Institutions, DG MARKT, European Commission

Vytautas Valvonis Executive Director Supervision Service, Bank of Lithuania

Karel Van Eetvelt Managing Director, UNIZO - Belgian organisation for self-employed entrepreneurs

Benoît Sauvage Senior Adviser, Financial Market Regulation, ABBL - Luxembourg Bankers' Association  

Moderator: Prof Charles Goodhart Emeritus Professor, London School of Economics

 

11.15 - 13.00 Panel 2: Long-term investments - what role can institutional investors play in channeling long-term financing?

 

Institutional investors have in general a relatively long time horizon. The long duration of their liabilities make it possible to make long-term investments. New prudential rules may, however, make this more difficult as they require a larger proportion of liquid and less risky assets in the portfolio.

 

Possible discussion points:

 

 

Speaker line-up

Philippe De Backer Member of the European Parliament

Mark Hutchinson Head of Alternative Credit, M&G Investments

Timothy Shakesby Policy Analyst, Unit G4 - Asset Management, DG MARKT, European Commission

Prof Dr Michael Schröder MHead of Department International Finance and Financial Management, ZEW and Professor of Asset Management, Frankfurt School of Finance & Management

François Passant Executive Director, Eurosif- European Sustainable Investment Forum  

 

13.00 – 14.00 Networking lunch

 

14.00 - 14.10 Moderator’s opening remarks

 

14.10 - 16.00 Panel 3: Taking the global perspective

 

Europe is part of a global economy. Funding from third countries may play an important role in funding Europe’s need for financing long-term growth. However, the responses to the financial crisis have created divergence between jurisdictions.

Possible discussion points:

 

Speaker line-up

Peter Skinner Member of the European Parliament

Olivier Guersent Head of Cabinet of Commissioner Michel Barnier, DG MARKT, European Commission

Andrew Douglas Managing Director, Government relations, Europe and Asia, DTCC

Françoise Buisson Director for European and International Affairs, AMF France - Autorité des Marchés Financiers

Roel Campos Partner, Head of Securities Regulation and Enforcement, Locke Lord LLP  

Moderator: Anthony Belchambers Chief Executive FOA – Futures and Options Association

 
 

16.00 - 16.20 Refreshments

 

16.20 - 18.00 Panel 4: How can securities Markets fund long-term growth?

 

Market based financing for SMEs has traditionally been less developed in Europe compared to the United States. As banks find it increasingly difficult to provide funding to SMEs, the capital markets may have an important role to play.

Possible discussion points:

 

Speaker line-up

Markus Ferber Member of the European Parliament

Patrick Pearson Head of unit G2 - Financial Markets Infrastructure, DG MARKT, European Commission

Per Lovén Head of EMEA Corporate Strategy & Product, Liquidnet

Dr Diego Rodríguez Palenzuela Head of Capital Markets & Financial Structure Division, ECB

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