FINANCIAL STABILITY CONFERENCE 2013

The Single Resolution Mechanism and the Limits of Bank-Regulation

High level joint conference with an outstanding program in the capital of Germany. The conference was organised by Financial Risk and Stability Network. Participation was without fees but restricted on confirmed registration.

⇒  download conference Program 2013 (pdf)
⇒  download conference Press Clipping 2013 (pdf)

Program:

9:15  Opening
Martin Aehling, Head, Financial Risk and Stability Network

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9:30  Welcome Address
Marie-Therese Duffy-Häusler, Acting Head,
Representation of the European Commission in Germany

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9:40  Opening Remarks
Banking Union – Balancing European Integration and
National Responsibility

Prof. Christian Kirchner, Chair for Law and
New Institutional Economics, Humboldt University Berlin

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9:50  Keynotes – Statements

Ramon Fernandez, Director General, DG Trésor
Ministry for the Economy, Finance and Industry, France
Dr. Mario Nava, Director, Financial Institutions,
DG Internal Market and Services, European Commission
Dr. Thomas Steffen, State Secretary,
Federal Ministry of Finance, Germany

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10:45  Panel I
In Search for Relief:
A new Framework for Recovery and Resolution

–   How should the Single Resolution Mechanism evolve?
–   How centralized should Bank Resolution be organized?
–   Who should bear the Burden of Bank Resolution?

Ramon Fernandez, Director General, DG Trésor
Ministry for the Economy, Finance and Industry, France
Elisa Ferreira, Member of the European Parliament
Dr. Korbinian Ibel, Head of Group Risk Controlling and
Capital Management, Commerzbank AG
Dr. Mario Nava, Head of Directorate Financial Institutions,
DG Internal Market and Services, European Commission
Dr. Thomas Steffen, State Secretary,
Federal Ministry of Finance, Germany
Moderation: Dr. Guntram Wolff, Director, Bruegel

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11:30  Talk of Experts  
Banks in Distress: What to do? The Role of the SRM

–   Recapitalization
–  Governance and Recovery Plans
–  Bail-in and Restructuring

Prof. Isabel Schnabel, Chair of Financial Economics, University Mainz
Dr. Bernhard Speyer, Co-Head, Deutsche Bank Research
David Vegara, Deputy Managing Director, European Stability Mechanism
Thomas von Lüpke, Federal Agency for Financial Market Stabilisation
Dr. Pierre Wunsch, Director, National Bank of Belgium
Moderation: Prof. Kern Alexander, Chair for Law and Finance,
University of Zurich

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12:15  Lunch

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13:30  Presentation
Reforming the EU Banking System: a Progress Report

–   Assessing the new Regulatory Framework
–   The Case for Structural Reforms: Focus versus Diversification
–   The new EU Financial Order

Marco Mazzucchelli, Managing Director, Bank Julius Baer;
Liikanen High-Level Expert Group

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14:15  Discussion
Limits of Bank Regulation and the Political Nexus

–  Banks, Sovereign Debt and Consequences
–  The Context of Supervision and Resolution
–  Banking Consolidation in the European Union

Ralph Brinkhaus, CDU-Parliamentary Group, Deutscher Bundestag
Prof. Henrik Enderlein, Hertie School of Goverance
Dr. Gerhard Schick, Bündnis 90/Die Grünen-Parliamentary Group,
Deutscher Bundestag
Dominik Treeck, Oliver Wyman
Nicolas Veron, Bruegel
Moderation: Sven Böll, Der Spiegel

15:00  Coffee

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15:30  Keynote II
Banking Union – A View from the European Central Bank 

Jörg Asmussen, Executive Board, European Central Bank

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16:15  Panel Discussion II
Crisis Prevention and todays Regulatory Settings

–   Eurozone Crisis – Can the Banking Union help?
–   Regulatory Reforms – But what?
–   Eurozone and the Rest of the World – Circle the Wagons

Prof. Jean-Pierre Danthine, Vice Chairman, Swiss National Bank
Prof. Clemens Fuest, President,
Centre for European Economic Research ZEW
Ingo Mandt, Board of Directors, Landesbank Baden-Württemberg
Carsten Schneider, SPD-Parliamentary Group, Deutscher Bundestag
Moderation: Prof. Reint Gropp, Goethe University Frankfurt

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17:15  Closing
Martin Aehling, Head, Financial Risk and Stability Network

17:30  Get together