Connect with us

Call for papers: “Sustainability in rulemaking and in practice”

CMVM Annual Conference 2021 in conjunction with the 46th IOSCO Annual Meeting, 4-5 November 2021

In conjunction with the 46th Annual Meeting of the International Organization of Securities Regulators (IOSCO) the Portuguese Securities Market Commission (CMVM) will host its annual conference on 4-5 November. Bruegel will chair the conference session on sustainable capital markets and will convene the speakers and discussants in that session.

The conference “Global Capital Markets. Understanding the Future” will take place on 4-5 November 2021, in Lisbon or in an online format should the pandemic conditions prevent physical meetings. The research session “Sustainability in rulemaking and in practice” will take place on 5 November. This is an excellent opportunity for researchers, regulators and industry practitioners to present scholarly work to the top professionals in the field.

Bruegel, in partnership with the Portuguese Securities Market Commission (Comissão do Mercado de Valores Mobiliários, CMVM), is now publishing this call for papers to be presented at the conference.

Research papers should cover, but are not limited to, one or more of the following areas:

  • Empirical work on the implications of a green finance asset class for market liquidity, market structure and consolidation;
  • Cross-border investment in traded financial instruments, labelled as green or on the basis of other ESG criteria, and risks of market fragmentation;
  • Disclosure of climate and other sustainability-related factors by issuers, asset managers and other financial market participants;
  • Analysis of private sector infrastructure and ‘ecosystems’ of service providers, including ESG analysis and ratings, and impact verification;
  • Analysis of regulatory regimes, and supervision of market conduct;
  • Emergence of asset owner mandates targeting ESG criteria, asset manager fiduciary duties, and issuer corporate governance.

We are looking for papers that meet the following criteria:

  • Empirical and policy-oriented papers focused on how the emergence of sustainable finance influences capital markets, traded financial instruments and regulation.
  • Papers can relate to individual advanced or emerging markets, as long as this yields more general lessons for policy or regulation. Cross-country empirical research, or work on international integration of markets for sustainable finance is particularly encouraged;
  • Papers should be original and not previously published in an academic journal or other official review (such as government or central bank reports).
  • Unpublished research produced within PhD Research Projects or parts of PhD Dissertations (provided these are not published) are acceptable.
  • Papers should be submitted in English, include an abstract of no more than 200 words, and not exceed 30 pages (including table of contents, appendices, annexes and list of references).

Submission and selection process:

  • Submission of abstracts of no more than 200 words by 25 June to be submitted to [email protected] with the subject: “CMVM/Bruegel – Call for Papers – PAPERTITLE”. A front page with the full contact details of the author(s) should be separate from the abstract page, which should not include name or affiliation of the author.
  • Authors selected for consideration will be notified by 10 July and will need to submit full papers by 30 August.
  • A decision on the selection of the three selected papers will be communicated by 30 September.
  • Selection of papers will be performed through a blind review. As such, the authors should submit two files:
    • A front page with the title, the abstract and the full contact details of the author(s); and,
    • The full text of the paper with title and abstract in anonymous format.
  • Failure to meet any of the requirements above can result in the exclusion of the paper from consideration in the competition.
  • Authors must expressly allow for publication as external working papers on Bruegel’s conference webpage and in the CMVM’s Research Report or Working Papers series, making reference to the CMVM conference – without prejudice of later publication in other academic journal or other official review.

CMVM will cover the flight and hotel costs for one author per accepted paper. In the event of COVID-19 travel disruptions, the conference will be held virtually.