Past Event
The Single Resolution Mechanism and the limits of bank regulation
A key element of the EU Banking Union is on the political Agenda: The Single Resolution Mechanism. The new authority will touch complicated and sensible legal, regulatory and political dimensions. It raises severe questions on legitimacy,institutional setting, funding and political influence. Missing democratic legitimation in past financial crisis decisions, we need a public debate on […]
A key element of the EU Banking Union is on the political Agenda: The Single Resolution Mechanism. The new authority will touch complicated and sensible legal, regulatory and political dimensions. It raises severe questions on legitimacy,institutional setting, funding and political influence. Missing democratic legitimation in past financial crisis decisions, we need a public debate on essential regulatory initiatives. Change in mind, governance and adequate financial regulation can only come from having this ongoing debate. Bringing together academics, regulators,politicians and industry experts, we will stimulate the discussion on the design of the Resolution Authority, the impact of regulatory policy and the responsibility of financial institutions. For this, the conference gives an inspiring opportunity.
The event is organised jointly by:
- Institute for Bank- and Capital Market-Law at Humboldt-University Berlin
- Centre for European Economic Research (ZEW)
- Bruegel
- Financial Risk and Stability Network
Speakers
- Keynote – Jörg Asmussen, Executive Board, European Central Bank
- Keynote – Ramon Fernandez, Director General, French Treasury
- Keynote – Dr. Thomas Steffen, State Secretary, Federal Ministry of Finance
- Ralph Brinkhaus, CDU Parliamentary Group
- Prof. Jean-Pierre Danthine, Swiss National Bank Ramon Fernandez, French Treasury
- Prof. Clemens Fuest, Centre for European Economic Research
- Dr. Korbinian Ibel, Commerzbank AG
- Ingo Mandt, Landesbank Baden-Württemberg
- Marco Mazzucchelli, Bank Julius Baer
- Mario Nava, DG Internal Market, European Commission
- Carsten Schneider, SPD Parliamentary Group
- Dr. Thomas Steffen, Federal Ministry of Finance
- David Vegara, European Stability Mechanism
- Nicolas Veron, Bruegel
- Dr. Pierre Wunsch, National Bank of Belgium
- and other Experts…
Event materials
Programme
8:15 Registration
09:15 Welcome & Opening
- Martin Aehling, Financial Risk and Stability Network
09:30 Welcome Address
- Marie-Thérèse Duffy-Häusler, Acting Head of the Representation of the European Commission in Germany
09:40 Opening Remarks – Banking Union: Balancing European Integration and National Responsibility
- Prof. Dr. Dr. Dr. h.c. LL.M. Christian Kirchner, Humboldt University of Berlin
09:50 Keynotes – In Search for Relief: A new Framework for Recovery and Resolution
- Ramon Fernandez, Director General, French Treasury
- Dr. Thomas Steffen, State Secretary, Federal Ministry of Finance
- Dr. Mario Nava, Director Financial Institutions, European Commission
10:45 Discussion
How should the Single Resolution Mechanism evolve?
How centralized should Bank Resolution be organized?
Who should bear the Burden of Bank Resolution?