The complex causes of the current financial crisis are manifold and can be confusing depending on what side of the Atlantic the information is coming from, where the emphasis is laid (i.e. what exactly caused the crisis), and what the reactions bring in terms of suggested solutions to the perceived problems.
Certainly in the field of financial services, in particular with regard to banking and investment entities, many ideas have been put forward for new and stricter regulation and enforcement, for new rules and for a new global regulatory structure of enhanced cooperation between supervisors. Reactions from many jurisdictions vary widely. This seminar will focus on the plans for EU revision of financial services rules and supervisory issues.
The seminar will focus particularly on the “de Larosière Report” of 25 February 2009, which makes 31 recommendations for the future of European financial regulation and supervision. In the meantime, on 18 March, the UK regulator also produced an action plan for regulatory reform; furthermore, the G20 meeting will address this issue as a priority.
Therefore, this new and timely EIPA seminar will address both the background and causes of the current financial crisis, as well as looking at the proposed solutions for a new regulatory framework. Expert thought leaders from the Commission, ECB, academia and experts in the financial services sector will comment on the progress made and will provide documentation of interest to policy makers, lawyers and the private sector (financial services institutions in general).
THURSDAY 18 JUNE 2009
Morning
Welcome
Marga Pröhl, Director-General, EIPA, Maastricht (NL)
Introduction to the seminar: overview of financial services integration
Adriana Holtslag-Alvarez, Senior Visiting Lecturer in Financial Services, EIPA; Independent Consultant Financial Services, The Hague (NL)
The European Commission: what view for the future of banking in the EU and further financial integration?
Jérôme Deslandes, Unit H1 - Banking and Financial Conglomerates, DG Internal Market and Services, European Commission, Brussels (BE)
Recommendations of the de Larosière Report: how is Europe responding to the current financial crisis?
Jérôme Deslandes
Afternoon
Banking after the crisis: a new architecture
Freddy Van den Spiegel, Chief Economist; Director Public Affairs, Fortis Bank, Brussels (BE)
How will investors cope with the review of EU financial regulation and supervision?
Gerben Everts, Compliance Officer and Senior Legal Counsel, APG Asset Management, Amsterdam (NL)
Friday 19 June 2009
Morning
New and revised EU financial regulation and supervision: the views of the European Parliament
Zuzana Vavrova, Administrator, Secretariat of the Economic and Monetary Affairs Committee (ECON), European Parliament, Brussels (BE)
Towards more (transatlantic) regulatory convergence?
Olivier Girard, Administrator, Financial Services Policy Unit, DG Internal Market and Services, European Commission, Brussels (BE)
The European Central Bank’s perspective on the EU financial infrastructure: what role for the ECB?
Klaus Loeber, Adviser, European Central Bank, Frankfurt (DE)
Afternoon
Putting it All Together: de Larosiere, Turner, the G-20 and the Shape of Banking Regulation to Come Alexander Merriman, Executive Director, Financial & Market Infrastructure, British Bankers’Association, London (UK)
Evaluation and end of the seminar
Programme
The programme will commence on Thursday 18 June at 09.00 hrs and finish on Friday 19 June at
16.00 hrs.
Seminar venue
The seminar will take place in the Bordeaux Conference Room (1.16) at the European Institute of
Public Administration, O.L. Vrouweplein 22, NL-6211 HE Maastricht, tel.: +31.43.3296222, fax:
+31.43.3296296.
Working language
The seminar will be conducted in English.
Fee
The participation fee is € 850 and includes documentation, 2 lunches, 1 dinner and refreshments.
Accommodation and travel costs are at the expense of the participants or their administration.
Hotel reservations
The European Institute of Public Administration will be pleased to make reservations for you at a hotel
in Maastricht. We have made a block booking at 2 hotels in Maastricht: Hotel Derlon****
www.derlon.com, at a rate of € 125 p.p.p.n. (incl. breakfast and tourist tax), and Hotel Beaumont****
www.beaumont.nl, at a rate of € 99,77 p.p.p.n. (incl. breakfast and tourist tax). Should you wish to
make use of this possibility, please indicate the name of the hotel and the dates of arrival and departure
on the registration form. Payment is to be made directly and personally to the hotel on checking out.
Please note that if you register after the closing date, hotel reservations cannot be guaranteed.
Meals
The lunches will be served at the Institute’s restaurant and dinner in the evening will be at a restaurant
in town. Should you require a special menu (e.g. vegetarian, diabetic), please inform the Programme
Organiser so that this can be arranged.
Registration
Kindly complete the registration form and return it before 4 June 2009 to Ms Noëlle Debie,
Programme Organiser, European Institute of Public Administration, P.O. Box 1229, NL-6201 BE
Maastricht, tel.: +31.43.3296226, fax: +31.43.3296296, e-mail: n.debie eipa.eu. You can also submit
the online registration form which can be found on EIPA’s web site: www.eipa.eu (training).
Your name and address will be part of EIPA's database for our mailing purpose only. If you do not want
to be included in our mailing database, please tick the box in the registration form.
Confirmation of registration will be forwarded to participants on receipt of the completed registration
form.
Payment
Prior payment is a condition for participation. Please indicate the method of payment on the
registration form. In any case, the participant or his/her administration will receive an invoice for the
payment of the registration fee. For cancellations received after the date indicated on the registration
form we will have to charge an administration fee of € 150 unless a replacement participant is found.
Cancellation policy
EIPA reserves the right to cancel the seminar up to 2 weeks before the starting date. EIPA accepts no
responsibility for any costs incurred (travel, hotel, etc.). For EIPA's cancellation policy, please visit our
website www.eipa.eu (legal notice).