SUMMARY OF THE EUROFI HIGH LEVEL SEMINAR 2016
ORGANISED ON THE OCCASION OF THE DUTCH EU COUNCIL PRESIDENCY
Resilience | Digitalisation | Growth challenges
You will find below the summaries and transcripts of the discussions that took place during the Eurofi High Level Seminar 2016 in Amsterdam. This international event gathered over 800 participants from the European and international public authorities and the financial industry.
|1. Economic and monetary challenges in the EU and Eurozone|
Integration and disintegration: what trends in the EU and potential impacts for the EU financial sector?
D. Wright (Chair), V. Grilli, R. Gualtieri, A. Weber, T. Wieser
Ageing population: key challenges posed for the financial sector
W. White (Chair), P. Antolin-Nicolas, A. De Lecea, F. Hufeld, H. Mijer, J. Six, P. Warland
Retirement products: what products for answering retirement needs in the EU?
B. Balz (Chair), G. Bernardino, J. Čillíková, G. De la Martinière, X. Larnaudie-Eiffel, A. Oerlemans, T. Stenning, C. Van Nieuwenhuizen
|2. New trends in the financial sector|
Digital financial services: what regulatory framework?
D. Wright (Chair), D. Geale, M. Nava, T. Paavola, J. Scott, G. Van Elsen, G. Williams, P. Zilgalvis
Fintech and blockchain: what prospects for improving efficiency in capital markets?
J. Von Weizsäcker (Chair),M. Bayle, T. Casteleyn, A. Dombret, C. Giancarlo, T. Howell, F. Vandenreydt, F. Voss
Conduct and culture: what priorities in the financial services industry?
A. Enria (Chair), D. Blunt, S. Bowen, P. Machado, M. Merlin, S. Revell, M. Rüdiger, P. Tang
Climate change: what impacts on the financial sector?
J. Taylor (Chair), C. Bavagnoli, E. Corley, P. Fisher, A. Karmali, S. Lake, M. Madelain, F. Samama, E. Van Houwelingen
|3. Diversifying the financing of the EU economy|
CMU: is it on the right track?
S. Maijoor (Chair), B. Balz, A. Batchvarov, C. Bavagnoli, L. Clamagirand, M. Cole-Fontayn, L. Holle, H. Jochumsen, V. La Via, M. Merlin, M. Doyon
Output of the call for evidence: what key issues to be addressed in EU financial regulation?
I. Vaillant (Chair), C. Allen, G. Bernardino, J. Brunel, M. Ferber , J. Gual, A. Hachmeister, G. Hökmark, S. Maijoor, M. Merlin
Juncker Plan: what lessons can be drawn from the first 6 months?
P. Maystadt (Chair), B. Angel, J. Bonnaud, T. Buecheler, A. Fayolle, J. Gefaell Chamochín, O. Renaud Basso, G. Thomas
Securitisation: is the EU proposal up to the challenges?
M. Heijdra (Chair), A. Batchvarov, K. Frey, S. Hottiger, X. Larnaudie-Eiffel, M. Nava, P. Tang, R. Turok-Heteš, P. Zalba Bidegain
Equity financing: what priorities for developing equity markets in the EU?
P. De Backer (Chair), G. Bennett, S. Boujnah, J. Chew, B. De Juvigny, D. Lawton, M. Merlin, V. Remay
Retail investment: how to attract retail investors to EU capital markets?
M. Truchet (Chair), C. Botopoulos, N. Lemmers, M. Merlin, V. Ross, K. Schackmann-Fallis, T. Stenning, S. Ximénez Rodríguez
Repo and market making: what trends and possible actions in the current regulatory context?
M. Merlin (Chair), R. Berner , G. Dunkel, D. Gepp, J. Jennings, J. Metzger, K. Swinburne, C. Venkatakrishnan
Investment funds: how to reduce fragmentation in the EU investment funds market?
W. Klinz (Chair), J. Bannister, L. Caron-Habib, N. Gill, M. Greco, C. Roux
|4. Banking regulation|
Forthcoming banking regulations: what potential impacts and issues for the EU banking sector?
S. Goulard (Chair), L. Bini Smaghi, P. Callesen, W. Coen, A. Enria, L. M. Linde, W. Nagel, F. Shirzad
Banking Union: what are the priorities of the SSM to achieve trust in the banking system?
L. Signorini (Chair), A. Aucoin, A. Maccario, J. Makúch, S. Matherat, J. Sijbrand, V. Vasiliauskas, S. Walter
EDIS: what prospects for an EU Deposit Insurance Scheme?
E. König (Chair), E. De Lange, N. Duhamel, J. González-Páramo, E. Nowotny, P. Pearson, K. Schackmann-Fallis, R. Turok-Heteš, F. Villeroy de Galhau
Cross-border bank resolution: how to make it workable?
Y. Mersch (Chair), E. Ferreira, J. González-Páramo, O. Jaudoin, E. König, R. Mingay, A. Murton, M. Venus
Retail banking: what priorities for building a single retail financial market?
P. Berès (Chair), J. Dye, A. Kindelán Oteyza, F. Lustman, M. Nava, C. Roxburgh, M. Theurer, K. Timmermans, P. Zilgalvis,
|5. Resilience of the EU non-banking sector in the global context|
CCP resilience, recovery and resolution: key elements of a possible EU framework
P. Pearson (Chair), J. Bandman, A. Gracie, M. Rosenberg, K. Swinburne, L. Thompson, E. Zautzik
Insurance: what systemic risks in the insurance sector?
S. Goulard (Chair), N. Arquint, A. Corinti, G. Cox, S. Lemery, V. Saporta, C. Thimann
Market-based finance: what systemic risks associated with asset management and other market-based finance activities?
D. Wright (Chair), S. Andresen, F. Bompaire, G. Gelos, D. Gepp, N. Giusto
Global coordination: how to improve the coordination of capital market regulation and capital market data?
G. Everts (Chair), P. Andrews, J. Berg, M. Bodson, S. Gavell, C. Giancarlo, V. Ross
Keynote speech of the gala dinner
J. Dijsselbloem – Ministry of Finance, the Netherlands, The Minister
Towards sustainably higher growth in Europe?
K. Knot – De Nederlandsche Bank, President
Different types of innovation over time
M. Van Vroonhoven – Authority for the Financial Markets (AFM), the Netherlands, Chair
Rebalancing fiscal-monetary policies
L. Awazu Pereira da Silva – Bank for International Settlements (BIS), Deputy General Manager
G. Cohn – The Goldman Sachs Group, Inc., President and Chief Operating Officer
Impressions of Day 1
W. R. White – Bank for International Settlements (BIS), Previously, Economic Adviser and Head of the Monetary and Economic Department
CMU and Call for Evidence: update and next steps
Jonathan Hill – European Commission, Commissioner, Financial Stability, Financial Services, and Capital Markets Union
Resolving systemically important financial institutions
Martin J. Gruenberg – Federal Deposit Insurance Corporation (FDIC), Chairman
J. de Larosière Lecture #1
What future and ambition for Europe’s Economic and Monetary Union?
Wolfgang Schäuble – Federal Finance Minister, Germany delivered by Dr Thomas Steffen – State Secretary, Federal Finance Ministry, Germany
Exchanges of views
Monetary policy: How are monetary developments impacting the financial sector and the economy?
W. R. White – Previously, Economic Adviser and Head of the Monetary and Economic Department.
P. Bordenave – Chief Operating Officer, BNP Paribas.
Resilience, efficiency and competitiveness of the EU banking system
D. Wright – President, EUROFI (Chair)
M. Ferber – MEP and Vice-Chair, Committee on Economic and Monetary Affairs, European Parliament.
J. Lemierre – Chairman, BNP Paribas.
Exchange of views
D. Wright – President, EUROFI.
X. Musca – Deputy Chief Executive Officer, Crédit Agricole S.A.
Benefits / challenges of innovation in the financial services sector
D. Wright – President, EUROFI.
R. Hamers – Chief Executive Officer, ING.
EMU: what priorities and ambitions for deepening the EMU?
R. Šadžius – The Minister of Finance, Lithuania (Chair).
V. Dombrovskis – Vice-President for Euro and Social Dialogue, European Commission.
P. Kažimír – Deputy Prime Minister and Minister of Finance, Slovak Republic.
F. Villeroy de Galhau – Governor, Banque de France.
Market liquidity and volatility: what trends and impacts?
D. Wright – President, EUROFI.
S. Andresen – Financial Stability Board (FSB), Secretary General.
D. Beau – Banque de France, Director General of Financial Stability and Operations.
P. Hildebrand – BlackRock, Vice Chairman.