FINANCIAL STABILITY CONFERENCE 2017

The REPORT of the 5th Financial Stability Conference is available as download. Three scientific contributions have been written by early-stage and PhD researchers focussing on topical issues of the 2017 conference. They are enclosed in the conference report and linked here:

EU at Crossroads: How to respond to Misalignments in Bank Regulation and achieve a consistent Financial Framework?

High level conference with a most topical program in Berlin. The conference took a foremost policy-oriented stance to discuss some of the most crucial issues lying ahead. Central questions have been the future prospects for international cooperation on regulation, and how to tackle the challenges for achieving a sustainable financial order in the EU. In this respect, the logic of existing bank regulation, competition policy, the ECB policy as regards financial stability, and the issue of how to deal with non viable banks and NPL were controversial topics that have been discussed in the light of new political constellations.

Downloads:
→  Financial-Stability-Conference-2017_Program
→ 
Financial-Stability-Conference-2017_Speakers
→  Financial-Stability-Conference-2017_REPORT
→  Financial-Stability-Conferences_Feedback

18 October 2017 at ESMT Berlin
8:15 a.m. – 6:15 p.m. followed by a get together

Agenda and speakers:

08:15  Check-in

Program schedule:

09:00  Opening
Martin Aehling, Head, Financial Risk and Stability Network

___________________________________________

09:15  Address
Matthias Kollatz-Ahnen, Senator for Finance, Berlin

___________________________________________

09:30  Panel  I  –  Impulses
Vincenzo La Via, Director General of the Treasury, Italian Ministry of Economy and Finance
Ludger Schuknecht, Chief Economist, German Federal Ministry of Finance

___________________________________________

09:50  Panel  I  –  Discussion
The Changing Bias of international financial Order:
A global and political Perspective

–  Policy Changes and Revisions to Regulation: Where are we heading now?
–  Regulatory Arbitrage and Spillovers: What Implications for financial Stability?
–  Regulatory and monetary Policy Coordination: How to deal with Conflicts?
–  Transformation of the global financial Sector: Time for pivotal Responses!

Denis Beau, Deputy Governor, Banque de France
Rebekah Goshorn Jurata, International Financial Stability and Regulation, U.S. Department of the Treasury
Vincenzo La Via, Director General of the Treasury, Italian Ministry of Economy and Finance
Ludger Schuknecht, Chief Economist, German Federal Ministry of Finance
Xavier Vives, Professor of Economics and Financial Management, IESE Business School
Moderation: Maria Demertzis, Deputy Director, Bruegel

11:00    Coffee

___________________________________________

11:30  Controversy  I
The Logic of financial Regulation and Reality:
Lost in Complexity and Competition Policy?

Andrea Enria, Chairperson, European Banking Authority
José Manuel González-Páramo
, Executive Board Director, BBVA
Beverly Hirtle
, Executive Vice President, Federal Reserve Bank of New York
Sven Schelo, Partner, Linklaters
Moderation: Xavier Vives, Professor of Economics and Financial Management, IESE Business School

___________________________________________

12:30  Lunch

___________________________________________

13:30  Panel  II
Financial Stability in Times of Changing Central Bank Policy:
How to address Trade-offs

–  Price Stability versus Financial Stability: Threat to the Cohesion of the Euro Area?
–  Public and private Debt Sustainability: Are they ruling Central Bank Policy?
–  Moral Hazard and Reforms Backlog: Should Shifts in monetary Policy help?
–  Raising Interest Rates: How to deal with negative Effects on Bank Solvency?

Ignazio Angeloni, Member of the Supervisory Board, European Central Bank
Lorenzo Bini Smaghi, Chairman, Société Générale
Leo Hoffmann-Axthelm
, Research and Advocacy Coordinator, Eurozone Economic Governance, Transparency International
Francesco Mazzaferro, Head of the Secretariat, European Systemic Risk Board
Helmut Siekmann, Professor, Goethe-University Frankfurt, and Director, Institute for Monetary and Financial Stability
Moderation: Jörg Rocholl, President, ESMT Berlin

___________________________________________

14:40  Controversy  II  –  Impulses

Elke König, Chair, Single Resolution Board
Alessandro Penati, President, Quaestio Capital Management

15:00  Controversy  II  –  Discussion
Banks in Distress and precautionary Recapitalisation: Relief without Cleanup?

Elke König, Chair, Single Resolution Board
Alessandro Penati, President, Quaestio Capital Management
Christian Stiefmüller
, Senior Policy Adviser, Finance Watch
Matthias Wargers, Spokesman of the Managing Board, Erste Abwicklungsanstalt
Moderation: Andy Jobst, Adviser to the Managing Director and Chief Financial Officer, World Bank

___________________________________________

15:40    Coffee

___________________________________________

16:10  Keynote
Sectoral regulations and SIFIs interdependencies

Odile Renaud-Basso, Director General of the Treasury, French Ministry for the Economy and Finance

___________________________________________

16:30  Panel  III  –  Impulse

Klaus Regling, Managing Director, European Stability Mechanism

16:40  Panel  III  –  Discussion
Looking forward: How to tackle unfinished Business in a new EU political Constellation?

–  Enhancing Resilience and solving Banking Problems: Will it stay a Fallacy?
–  Shifts in Market Structures and unsolved Bank-State-Nexus: How to address?
–  Ensuring Stability and Protecting Tax Payers: How can we combine both?
–  Risk Distribution and Banking Union: What is a common Agenda to follow?

Levin Holle, Director General Financial Markets Policy, German Federal Ministry of Finance
Philippe Lamberts, Member of the European Parliament, Co-Chair, Group of the Greens/European Free Alliance
Klaus Regling, Managing Director, European Stability Mechanism
Odile Renaud-Basso, Director General of the Treasury, French Ministry for the Economy and Finance
Luigi Federico Signorini, Deputy Governor, Banca d’Italia
Emiliano Tornese
, Acting Head, Resolution and Crisis Management Unit, European Commission, and Visiting Professor, College of Europe in Bruges
Moderation: Alessio Pacces, Professor of Law and Finance, Erasmus School of Law, Erasmus University Rotterdam

___________________________________________

18:10   Closing
Martin Aehling and Jörg Rocholl

18:15   Get together

_____________________________

Information on our Financial Stability Conference 2016 under following download-links:

⇒  Program
⇒  Speakers
⇒  Report

___________________________________________

_

FEEDBACK 2017

FUNDING 2017

Menu