The comprehensive assessment, the ECBs´ new role and limits of a common supervision in the EU

We are happy to announce the conference “The Comprehensive Assessement, the New Supervisory Role of the European Central Bank and Limits of a Common Supervision in the EU”, to be held on Thursday, October 30, 2014 at Auditorium Friedrichstrasse in Berlin.

The conference topic relates to the new supervisory architecture in the Euro area. The European Central Bank will take over the direct supervision of big European banks beginning November and has been conducting an asset quality review in combination with stresstests. The outcome of the Comprehensive Assessment will have far reaching implications, as regards financial stability, credibility of the ECB, economic recovery in EU member states as well as on burden sharing. We will also shed ligth on limits of a common supervision in the EU, tackling political issues and constraints in shaping a workable Banking Union. We will end with a panel on the future of the financial system and unfinished reforms debating also constituents of a fair financial order in the EU.

We will discuss these topics intensely, with a public interest and scientific stance. In the discussions we will bring together regulators, politicians, academics and industry experts. We think that having a public debate on these issues is very reasonable and also necessary.

Agenda

• 8:00 - Registration
• 9:00 - 9:15 Welcome & Opening by Martin Aehling, Financial Risk and Stability Network
• 9:15 - 10:00 Keynote speech by Thomas Hoenig, Vice Chairman, FDIC
• 10:00- 11:00 Panel Discussion I: The Comprehensive Assessment: Implications and Consequences
  • Prof. Mathias Dewatripont, National Bank of Belgium
  • Andrea Enria, European Banking Authority
  • Sylvie Matherat, Deutsche Bank
  • Dr. Natacha Valla, CEPII
  • Moderated by: Prof. Henrik Enderlein, President of Jacques Delors Institut Berlin
• 11:00 - 11:30 Coffee break
• 11:30 - 12:30 Panel Discussion II: Limits of a Common Supervision in the European Union
  • Costanza Bufalini, Unicredit
  • Dr. Elke König, Federal Financial Supervisory Authority
  • Dr. Jukka Vesala, European Central Bank
  • Dr. Jeromin Zettelmeyer, Federal Ministry for Economic Affairs
  • Moderated by: Prof. Marcel Fratzscher, DIW Berlin
• 12:30 - 13:30 Lunch
• 13:30 - 14:30 Panel Discussion III: Recapitalization, Restructuring or Resolution: What do do and how?
  • Prof. Arnoud Boot, University of Amsterdam & ESRB Scientific Advisory Committee
  • Prof. Charles Goodhart, London School of Economics
  • Andrew Gracie, Bank of England
  • Dr. Levin Holle, German Federal Ministry of Finance
  • Moderated by: Guntram Wolff, Director of Bruegel
• 13:30 - 14:30 Panel Discussion IV: To a Workable Banking Union: The Interplay of Powers and Politics
  • Markus Ferber, Member of the European Parliament
  • Sven Giegold, Member of the European Parliament
  • Dr. Dierk Hirschel, Verdi Trade Union
  • Prof. Lucrezia Reichlin, London Business School
  • Moderated by: Mark Schieritz, Die Zelt
• 15:30 - 16:00 Coffee break
• 16:00 - 16:45 Keynote speech by Erkki Liikanen, Governor, Bank of Finland
• 16:45 - 17:50 Panel Discussion V: The New Financial Order: Unfinished Issues and Constituents of a Fair Financial System
  • Aerdt Houben, Dutch National Bank
  • Dr. Maria Nieto, Bank of Spain
  • Paulina Przewoska, Finance Watch
  • Nicolas Veron, Bruegel & Peterson Institute for International Economics
  • Dr. José Vinals, International Monetary Fund
  • Moderated by: Prof. Jörg Rocholl, ESMT
• 17:50 - 18:00 Closing & Farewell by Martin Aehling, Financial Risk and Stability Network
• 18:00 - Get Together

You can find a more detailed program here here

Practical details

• Time: 30 October 2014, 8.00-18.00.
• Contact: conference(at)frsn.de

Conference partners are the Financial Risk and Stability Network (organizer), the Brussels Think Tank Bruegel, the German Institute for Economic Research DIW Berlin, the ESMT European School of Management and Technology and the Jacques Delors Institut Berlin (scientific co-organizers).