Agenda

Morning

08:30 – 09:00

Registration & Welcome Coffee

09:00 – 09:40

Opening Keynote Presentations

Moderator: John Houston, Senior Partner, Kreab

Jonathan Hill, European Commissioner for Financial Stability, Financial Services and Capital Markets Union, European Commission
Antony Jenkins, CEO, Barclays

09:40 – 11:00

Session 1: Looking ahead: Will the Banking Union work for Europe?

Europe’s banking system has been subjected to the most rigorous health check to date via the Asset Quality Review and Stress Tests: how has it emerged from the examination and are the treatments well-judged? What impact are the plans for Banking Union having on the strength of Europe’s banks, within the eurozone and outside? How effective can the system be if the last of the Banking Union's building blocks – notably financial backstops and deposit guarantees – are to remain largely national? How much progress have we made in ending TBTF and taxpayer bailouts? How well has the ECB conducted the launch of its new responsibility, and what challenges lie ahead? If EU institutions pursue banking structure legislation, will this reinforce confidence or does it instead risk hindering financial market integration?

Moderator: Peter Spiegel, Brussels Bureau Chief, Financial Times

Koos Timmermans, Vice-Chairman, ING Bank
Ignazio Angeloni, Member of the Supervisory Board, European Central Bank
Francisco Uria, Head of Financial Services, KPMG Spain
Elke König, Chair, EU Single Resolution Board (SRB)

11:00 – 11:20

Coffee Break

11:20 – 11:40

Keynote Presentation: The Role of Financial Market Infrastructure in delivering Stability and Growth

Xavier Rolet, CEO, London Stock Exchange Group

11:40 – 13:00

Session 2: Capital Markets Union – What does it mean?

The tsunami of new regulation of financial markets since the crisis of 2008 has yet to settle down and bear full fruit, while the jury is still out on the capacity of Level 2 work to deliver on implementation. But it is already clear that alongside financial stability, financial services need to be a part of a solution to Europe’s growth problem. What role can a capital market union play in promoting sustainable growth in Europe? What are the key aspects of capital market financing that Europe should be prioritizing? Is there a further role for regulatory change in helping drive European capital markets? Are the respective roles of market participants - banks, infrastructures, insurers, asset managers and other non-bank players – being turned upside down? If so, should we welcome this or be concerned? How should we handle the extra-territorial impact of re-regulation and new regulation, and what changes are needed to ensure that rules work together rather than create duplication or conflict?

Moderator: Stephen Fidler, Brussels Editor, The Wall Street Journal

Martin Merlin, Director, DG Financial Stability, Financial Services and Capital Markets Union, European Commission
Cyrus Ardalan, Vice Chairman, Head of Government Relations and Public Policy, Barclays
Luc Vansteenkiste, Chairman , EuropeanIssuers
Roger Hollingsworth, Executive Vice President and Managing Director, Global Government Relations, Managed Funds Association
Yann Le Pallec, Executive Managing Director EMEA Ratings Services, Standard & Poor’s

Afternoon

13:00 – 15:00

Lunch Session (Invitation Only): Strengthened corporate governance and transparency to underpin global financial stability

How important is governance in ensuring stability, fairness and accountability of financial markets? What is the role of transparency in ensuring safety, risk mitigation and financial stability? What is the role of governance arrangements in fostering the changes in business culture that many are advocating, including in large financial institutions? What is the best approach to ensure that short-term trading pressures do not lead to behaviour in contradiction of corporate interests and corporate polices? How far can self-discipline be expected to go in resolving these issues, and to what extent is regulation appropriate? Can individual jurisdictions legislate alone without damaging their international competitiveness? How cross border harmonization of rules and processes can bring about transparency? Has there been enough attention within international bodies on governance issues? Will shareholder rights legislation designed to promote investor engagement and the sharing of responsibilities be effective, and how important an element is the identification of shareholders? Do related party transactions threaten public confidence in markets and their capacity to attract investors?

Moderator: Stefano Micossi, Director General, Assonime

David Wright, Secretary General, IOSCO
Mats Isaksson, Head of Corporate Affairs, OECD
Larry Thompson, Vice Chairman and General Counsel, DTCC
Nicolas Véron, Senior Fellow, Bruegel, Belgium and Visiting Fellow, Peterson Institute for International Economics, Washington DC