QED Conference - Integrity of Financial Benchmarks

12 November 2013, 14.00-18.00, registration and welcome coffee from 13.30

Thon Hotel EU, Rue de la Loi 75, 1040 Brussels


Benchmarks play an important role in the financial system. The suspected manipulation of indices has however also highlighted their weaknesses. Uncertainties regarding the accuracy and integrity of financial indices may jeopardize market confidence and could as a consequence hurt the real economy. Hence, it is essential that we find a way forward to restore the confidence in financial benchmarks. On the international level, work has been carried out by IOSCO and ESMA in order to put forward principles for the benchmark-setting process. At the same time the European Commission is working on a proposal for a regulation of benchmarks.


13.30-14.00 Welcome coffee & mingle


14.00-14.10 Introduction by moderator


14.10 – 15.50 Panel 1: Restoring the confidence in financial benchmarks


Possible discussion points:

Speaker line-up

Dr Kay Swinburne Member of the European Parliament

Philip Tod Deputy Head of Unit G3 - Securities Markets, DG MARKT, European Commission

Pierre Davis Associate General Counsel, McGraw Hill Financial

Alain Dubois Managing Director and Head of New Business and Product Development, MSCI

Susanne van Dootingh Managing Director, Head of Regulatory Strategy, State Street Global Advisors

Moderator: Alp Eroglu Advisor, IOSCO  


15.50-16.10 Coffee break


16.10 – 18.00 Panel 2: Transparency and governance of benchmarks


Possible discussion points:


Speaker line-up

Philip Tod Deputy Head of Unit G3 - Securities Markets, DG MARKT, European Commission

Ola Ajadi Head of Market Conduct and Infrastructure, Financial Services Group, HM Treasury

Dan Tanz Vice President, Platts Editorial Group

Stuart Sloan Executive Director, NYSE Euronext Rate Administration Limited

Sophia Dancygier Managing Director, Indices, Markit

Iain Coke Head of Financial Services Faculty, ICAEW

Moderator: Dr Diego Valiante Head of Research, ECMI - moderator

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