QED Workshop on Financial Benchmarks

BMR review and level 2, sustainable finance, ESAs review


Stephen Farrell

Partner, Deloitte UK

Steve Farrell is a Partner in Banking & Capital Markets Audit Group and has a leadership role in the Firm’s control assurance and advisory engagements.

Steve Farrell is a qualified chartered accountant (ACA) with extensive experience in financial services audit, internal audit, and regulatory change and has worked with a range of financial services institutions, having developed a thorough technical understanding of financial benchmarks, financial instruments and banking products and front office control practices. He has a leadership role in respect of front office controls and processes, supporting firms’ compliance with local and global regulation, and regulatory codes of conducts. He also leads the assurance and advisory services for our firm on financial benchmark reform, and more recently is supporting the development of target control frameworks to support compliance with forthcoming EU Benchmark regulation.


Agathi Pafili

Senior Regulatory Policy Advisor, EFAMA

Agathi Pafili, is a Senior Policy Advisor in the European Fund and Asset Management Association (EFAMA). She joined EFAMA in September 2012 and is currently member of the Regulatory Affairs team and the Public Policy Affairs team. She is based in Brussels and is in charge of the EU and international regulatory landscape for the asset management industry, with a focus on alternative and long-term investment funds, benchmarks and financial indices and anti-money laundering policies. She is also a member of the Board of Directors of the European Money Markets Institute (EMMI) and of the Working group on euro risk-free rates administered by ECB.

Prior to joining EFAMA, Ms. Pafili was working in the European Parliament as member of the Vice President’s cabinet, dealing with the Economic and Monetary Affairs Committee’s (ECON) legislative work on financial services and monetary policy. From 2004 to 2009 Ms. Pafili worked in the European Parliament as an accredited assistant in the ECON Committee and in the cabinet of the Chair of the Culture and Educations Affairs Committee.

Ms. Pafili graduated from Law School of National and Kapodistrian University of Athens with a Master’s Degree in international and European law. She started her career in 2002 as a trainee lawyer in Commercial Bank of Greece. She is currently member of the Athens Bar Association.

Jamie Pawliczek

Managing Director and Councel, MSCI

Jamie Pawliczek has been practicing law for 21 years and is qualified in New York, California and the UK (as a solicitor). She joined MSCI in 2006 and heads the EMEAI Legal team as well as the global Regulatory Affairs department, dealing directly with the EU benchmark regulation. She also spearheaded MSCI’s IOSCO compliance efforts.

Since moving to London in 2001, Ms Pawliczek has established and managed the legal departments for the EMEA region for three different publicly traded data and technology companies (MSCI, NetIQ and Liberate Technologies). Prior to that, she worked for the law firm Gray Cary Ware & Freidenrich (acquired by DLA Piper) in Silicon Valley, and before that she worked for Bertelsmann Music Group in Manhattan.

Ms Pawliczek earned a Bachelor of Arts in Economics from the University of Pennsylvania in 1991, a Juris Doctor from the Syracuse University College of Law in 1994 and more recently, for fun, an MSc in Business Strategy and the Environment from Birkbeck College, University of London, in 2009.

Martina Tambucci

Regulatory Expert

Martina Tambucci has worked in Consob, the Italian Financial Services Authority, since 1996 and is currently appointed as Head of the Regulation Office, where she deals with financial markets regulatory issues. Prior to her current position, she was involved in the supervision of domestic trading and post-trading infrastructures, in which capacity she took part in the level 1 negotiations on the EMIR Regulation and on the review of the first MiFID directive, and was subsequently involved in the ESMA work on connected second level measures. She also took part actively to the MiFIDII-MiFIR transposition project at national level. She acquired a specific expertise in the area of Benchmarks by acting, first, as Chairman of the Council Working Party on Financial Services in charge of the negotiate of Member States on the Benchmarks Regulation during the semester of the Italian Presidency of the Council of the European Union (H2 2014), and then as coordinator of the ESMA task force that developed the Benchmarks Regulation draft second level measures.

She is a graduate of LUISS University of Rome and gained an MPhil in Economics at University of Derby (UK) and she is a frequent speaker at conferences on regulatory topics.