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Calendar

Jan
29
Tue
Anti Money Laundering @ EUI Premises, Florence
Jan 29 – Jan 30 all-day
Course dates: 29-30 January 2019
Organisers
Florence School of Banking and Finance and Oliver Wyman
Place: EUI Premises, Florence
Course Instructors: Oliver Wyman instructors; Magda Bianco (Bank of Italy); Jonathan Overett Somnier (European Banking Authority); Eleni Tsingou (Copenhagen Business School); Additional senior experts from the private and public sector (TBC)
Area: Regulation, Supervision and Resolution
Level: Intermediate
Target: Financial institutions professionals, Supervisory institutions, Ph.D. and Post-doctoral researchers.

Click here for further information and registration

Feb
4
Mon
Smart Data Analytics for Banking and Finance @ EUI Premises, Florence
Feb 4 – Feb 6 all-day

Course dates: 4-6 February 2019

Place: EUI Premises, Florence

Course Instructor: Wolfgang Karl Härdle (Humboldt University, Berlin)

Area: Statistical and Econometric Methods

Level: Intermediate/Advanced

Target: EBA, ESRB, SSM, SRB, EU Institutions, Financial Stability officers, Economics Departments And Forecasting Departments of Central Banks, Ph.D. and Post-doctoral researchers, Research department officers of private banks.

Click here for further information and registration

Feb
8
Fri
Online seminar – Liquidity and Resolution @ FBF Online Platform
Feb 8 @ 1:00 pm – 2:00 pm

Download the presentation by Dominique Laboureix

Download the presentation by Mike Hesketh

 

This online seminar will focus on the tension between liquidity and resolution. By definition, once a resolution scheme is adopted, a recapitalised bank that has absorbed losses will be solvent and should have better access to funding. However, liquidity stress is expected at the point of resolution. Given that analysts and creditors will likely require time to re-assess the financial position of the resolved bank, the return to market funding will be a slightly longer process.

Resolution authorities have a key role to play to restore market confidence and access to private market funding in case of resolution. Enhancing banks capabilities to restore liquidity at the point of resolution represents a crucial task in resolution planning activities. In some cases, a temporary public funding may be necessary when an immediate return to the market is not fully possible. In that regard, the central banks and the Single Resolution Fund would be instrumental for the success of a resolution action.

 
 

Moderator

Patrick Honohan (Honorary Professor of Economics at Trinity College Dublin; Nonresident Senior Fellow at the Peterson Institute for International Economics)

Patrick Honohan was Governor of the Central Bank of Ireland and a member of the Governing Council of the European Central Bank from September 2009 to November 2015. He is an honorary professor of economics at Trinity College Dublin and a nonresident senior fellow at the Peterson Institute for International Economics, Washington, DC. Previously he spent twelve years on the staff of the World Bank where he was a Senior Advisor on financial sector issues. During the 1990s he was a Research Professor at Ireland’s Economic and Social Research Institute. In the 1980s he was Economic Advisor to the Taoiseach (Irish Prime Minister) Garret FitzGerald. He also spent earlier spells at the Central Bank of Ireland and at the International Monetary Fund. A graduate of University College Dublin, he received his PhD in Economics from the London School of Economics in 1978. He has taught economics at the London School of Economics, at University College Dublin and as a visitor to the University of California San Diego and the Australian National University as well as at Trinity College Dublin. He was elected a member of the Royal Irish Academy in 2002.

 

Speaker

Dominique Laboureix (Director of Resolution Planning and Decisions and Member, Single Resolution Board)

Dominique Laboureix as Member of the Board is more particularly in charge of resolution planning and preparations of decisions about banking groups coming from 6 Member States of the Banking Union and 3 GSIBs. He is involved in several policy issues and chairs the Resolution Committee of the European Banking Authority. Before 2015, he was Deputy Director General in charge of the Directorate of Resolution within the ACPR (Autorité de contrôle prudentiel et de résolution, France) and was notably responsible for the French banking institutions’ resolution planning. He has also been involved in several international committees, in particular with the Financial Stability Board and the European Banking Authority. From 2011 to 2013, he was Director of the Finance and Management Control Directorate within the French Central Bank. Previously, between 2007 and 2011, he had been Director of the Research and Policy Directorate of the ACPR, benefiting from over 10 years’ experience of banking supervision with the Off-Site Directorate of the prudential authority. Mr Laboureix is a graduate of the Institut d’Études Politiques de Paris and has a masters in commercial law from Paris II University.

 

Commentator

Michael Hesketh (Principal Banking Expert, European Stability Mechanism)

Mike Hesketh joined the Banking Team of the European Stability Mechanism in 2013 and is currently deputy mission chief for Greece and head of the Greek financial sector team. Prior to joining the Greek programme in early 2015, Mike worked on the Cypriot programme and on operationalisation of the ESM mandate for direct bank recapitalisation. Before the ESM, hespent over twenty years with the European Bank for Reconstruction and Development in different roles including portfolio and risk management, corporate recovery and financial institutions. Mike was on the board of a number of banks and focused on active management of distressed or problematic equity investments.    

 
 

Technical disclaimer

The online seminar will take place on the Adobe Connect platform. You can access the seminars from personal computers, laptops, tablets and smartphones.
You are strongly encouraged to read the technical requirements before registering for the online seminar.
To ensure an optimal experience in terms of connection speed and video quality, we suggest to attend the seminar via a device connected to a stable network connection, avoiding if possible shared wi-fi or mobile connections.

Feb
18
Mon
Securitisation: Regulation and Practice @ EUI Premises, Florence
Feb 18 – Feb 20 all-day

Course dates: 18-20 February 2019

Place: EUI Premises, Florence

Course Instructor: William Perraudin (Risk Control Limited)

Area: Risk Management

Level: Intermediate

Target: EBA, ESRB, SSM, SRB, EU Institutions, Financial Stability officers, Economics Departments And Forecasting Departments of Central Banks, Ph.D. and Post-doctoral researchers, Research department officers of private banks.

Click here for further information and registration

Feb
27
Wed
Online seminar – Stress Testing in Europe: A Primer @ FBF Online Platform
Feb 27 @ 1:00 pm – 2:00 pm

Download the presentation by Mario Quagliariello

Download the presentation by Klaus Düllmann

 
 

Stress testing – understood as a tool for assessing banks’ resilience to an extreme but plausible adverse scenario – is a crucial part of banking supervisors' toolbox.

In this online seminar, Mario Quagliariello (Director of the Economic Analysis and Statistics Department, European Banking Authority) and Klaus Düllmann (Head of SSM Risk Analysis Division, European Central Bank) will:

  1. guide you through the rationale and objectives of the European Union wide stress test simulation exercise;
  2. highlight its governance and underline its key features;
  3. lastly, our speakers will also showcase results and share their lessons learned from the most recent EU stress testing exercise.

 

Speaker

Mario Quagliariello (Director of the Economic Analysis and Statistics Department, European Banking Authority.)

Mario Quagliariello is the Director of the Economic Analysis and Statistics Department at the European Banking Authority. The Department is in charge of the analysis of risks in the EU banking sector and stress testing. The Department also holds responsibility for the statistical tasks carried out by the EBA and runs the impact assessments of regulatory measures. He previously served as Head of the Risk Analysis Unit at the EBA and as a Senior Economist at Banca d’Italia. Mario has published articles in international journals and edited the volume Stress Testing the Banking System: Methodologies and Applications, published by the Cambridge University Press. For Riskbooks, he co-edited the volume Basel III and Beyond and edited Europe’s New Supervisory Toolkit: Data, Benchmarking and Stress Testing for Banks and their Regulators. He holds a BA in economics with honours from the University “La Sapienza” in Rome and a Ph.D. in economics from the University of York.

 

Commentator

Klaus Düllmann (Head of SSM Risk Analysis Division, European Central Bank)

Klaus Düllmann is Head of SSM Risk Analysis Division within Directorate General Micro-Prudential Supervision IV of the European Central Bank in Frankfurt. Until May 2014 he was Head of Supervisory Coordination and Risk Analysis Division and Head of Banking Supervision Research in the central office of the Deutsche Bundesbank in Frankfurt. Currently his main areas of work are related to horizontal risk assessments of SSM banks, in particular supervisory stress tests. He has a PhD in Finance from the University of Mannheim.

       

 
 

Technical disclaimer

The online seminar will take place on the Adobe Connect platform. You can access the seminars from personal computers, laptops, tablets and smartphones.
You are strongly encouraged to read the technical requirements before registering for the online seminar.
To ensure an optimal experience in terms of connection speed and video quality, we suggest to attend the seminar via a device connected to a stable network connection, avoiding if possible shared wi-fi or mobile connections.

Mar
4
Mon
Panel Data for Banking Sector Analysts @ EUI Premises, Florence
Mar 4 – Mar 6 all-day

Course dates: 4-6 March 2019

Place: EUI Premises, Florence

Course Instructor: Jeffrey Wooldridge (Michigan State University)

Area: Statistical and Econometric Methods

Level: Intermediate/Advanced

Target: EBA, ESRB, SSM, SRB, EU Institutions, Financial Stability officers, Economics Departments And Forecasting Departments of Central Banks, Ph.D. and Post-doctoral researchers, Research department officers of private banks.

Click here for further information and registration

Mar
18
Mon
Credit and the Macroeconomy: Leverage Cycles, Asset Prices and Crisis @ EUI Premises, Florence
Mar 18 – Mar 20 all-day
  • Course dates: 18-20 March 2019
  •  Place: EUI Premises, Florence
  •  Course Instructor: Moritz Schularick (University of Bonn)
  •  Area: Financial Stability and Macroprudential policy
  •  Level: Intermediate
  •  Target: EBA, SSM, SRB, ESRB, EU officials, financial stability and research department of Central Banks, Ph.D. students, post-doc researchers; assistant professors; private sector economists.

Click here for further information and registration

Mar
22
Fri
THE JOURNEY TOWARDS MAKING BANKS RESOLVABLE – AN ASSESSMENT BY DR. ELKE KÖNIG @ Palazzo Incontri
Mar 22 @ 4:00 pm – 7:00 pm

  The Florence School of Banking and Finance, Fondazione CESIFIN Alberto Predieri and Fondazione CR Firenze are organising a high-level lecture by Elke König, Chair of the Single Resolution Board.  
In her lecture, Dr. Konig will briefly introduce the EU framework for resolution, then explain how the SRB conceives and works (with the banks under its remit) on resolvability, and finally give an assessment on the state of play and next steps. More in details, the lecture will cover:
  • the EU regulatory framework and the SRB policy which constitute the basis for the work by the SRB and the banks on resolvability;
  • a more detailed description of the priority areas to be addressed by banks to achieve resolvability;
  • some insights into the SRB work on these areas; an assessment of the progress made so far.
 

Speaker

Elke König Chair of the Single Resolution Board Dr Elke König is Chair of the SRB, being responsible for the management of the organisation, the work of the Board, the budget, all staff, and the Executive and Plenary sessions of the Board. The General Counsel, the Policy Coordination and International Relations Unit, the Communications office and the Internal Audit function report directly to her. She was President of the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) from 2012 until 2015. After qualifying in business administration and obtaining a doctorate, Dr König spent many years working for companies in the financial and insurance sector. From 1980 to 1990, she worked for KPMG Deutsche Treuhandgesellschaft in Cologne, auditing and advising insurance undertakings, from 1986 as a holder of a special statutory authority (Prokuristin) and from 1988 as a director and partner. From 1990 to 2002, Dr König was a member of the senior management of the Munich Re Group (Head of Accounting); she then moved to Hannover Rückversicherung AG as Chief Financial Officer. From 2010 to the end of 2011, Dr König was a member of the International Accounting Standards Board (IASB) in London. Dr König was also a representative of the Supervisory Board of the Single Supervisory Mechanism.  

Programme

  • 16:00 Registration and welcome coffee
  • 16:35 Opening remarks
    • Lorenzo Stanghellini (Professor of Business Law, University of Florence)
  • 16:45 Lecture
    • Elke König (Chair, Single Resolution Board)
  • 17:30 Interventions by discussants
    • Elena Carletti (Scientific Director, Florence School of Banking and Finance)
    • Lorenzo Gai (Professor of Economics, University of Florence)
  • 17:50 Questions and answers with the public
    • Moderated by Federico Fubini (Corriere della Sera)
    • Panelists: Elke König, Elena Carletti, Lorenzo Gai
  • 18:35 Closing remarks
    • Renaud Dehousse (President, European University Institute)
  • 18:45 Cocktail for all participants
  • 19:30 Restricted dinner for speakers and selected guests (upon invitation)
The event will be in English with simultaneous translation to Italian.  

EVENT CO-ORGANISED WITH

Fondazione CESIFIN Alberto Predieri

Fondazione CR Firenze

Apr
1
Mon
Non Performing Exposures: Management Tools, Supervisory Profiles and Policy Goals @ EUI Premises, Florence
Apr 1 – Apr 3 all-day

Course dates: 1-3 April 2019

Place: EUI Premises, Florence

Course Instructors: Andrea Resti (Bocconi University), Senior experts from the public and private sector

Area: Risk Management

Level: Intermediate

Target: EBA, SSM, SRB, ESRB, EU officials, financial stability and legal department experts in Central Banks, Ph.D. students, private sector members, law firms and practitioners

Click here for further information and registration

Apr
2
Tue
Online seminar – Decrypting Sustainable Finance @ FBF Online Platform
Apr 2 @ 1:00 pm – 2:15 pm

Download the presentation by Dirk Schoenmaker

Download the presentation by Kinanya Pijl

 

Finance is widely seen as an obstacle to a better world. In this online seminar, Prof. Dirk Schoenmaker (Erasmus University Rotterdam) will explain how the financial sector can be mobilised to counter this inevitability. As is documented in Prof. Schoenmaker’s recent book (D. Schoenmaker and W. Schramade, Principles of Sustainable Finance, Oxford University Press, 2019), using finance as a means to achieve social goals one can divert the planet and its economy from its current path to a world that is sustainable for all.
After describing the sustainability challenges, the seminar will show how investors and bankers can steer funding to sustainable companies and projects without sacrificing return and thus speed up the transition to a sustainable economy. Further, the seminar will analyse the Sustainable Development Goals as a strategy for a better world and will provide evidence that environmental, social, and governance factors matter, describing in detail how to incorporate these factors in the corporate and financial sectors.

 

Joint online seminar by the Florence School of Banking and Finance and the Florence School of Regulation


 

Chair and Moderator

Jean-Michel Glachant (Robert Schuman Chair, Director of the Florence School of Regulation and Director of Loyola de Palacio Energy Policy Programme )

Jean-Michel Glachant is the Director of the Florence School of Regulation and the Holder of the Loyola de Palacio Chair, since 2008. Glachant took his Ph.D. in economics at La Sorbonne in France. He worked in the industry and private sector before becoming professor at La Sorbonne. He has been advisor of DG TREN, DG COMP and DG RESEARCH at the European Commission and of the French Energy Regulatory Commission (CRE). He has been a coordinator and scientific advisor of several European research projects. He is a research partner in the CEEPR at MIT (USA), the EPRG at Cambridge University. Jean-Michel Glachant has been the first editor-in-chief of EEEP: “Economics of Energy and Environmental Policy” (an IAEE journal) and is Vice-President of both the French and the International Association for Energy Economics. His main research interests are the building of a common European energy policy (security of supply, renewable energy, energy efficiency, energy technology policy, and climate change policy), the achievement of the European energy internal market (design, regulation and competition policy), the industrial organization and market strategy of energy companies in a wave of innovation (decarbonisation, decentralisation, and digitalisation).

 

Speaker

Dirk Schoenmaker (Professor of Banking and Finance at the Rotterdam School of Management, Erasmus University)

Dirk Schoenmaker is a Professor of Banking and Finance at the Rotterdam School of Management, Erasmus University. He is also a Non-Resident Fellow at the think tank Bruegel and a Research Fellow at the CEPR. His research covers the fields of sustainable finance, central banking, financial supervision and European banking. Before joining RSM, Dirk was Dean of the Duisenberg School of Finance and worked at the Dutch Ministry of Finance and the Bank of England. Dirk is co-author of the textbooks Principles of Sustainable Finance (OUP) and Financial Markets and Institutions: A European Perspective (CUP) and author of Governance of International Banking: The Financial Trilemma (OUP). 

 

 

Commentator

Kinanya Pijl (Researcher, European University Institute)

Kinanya Pijl is a fourth-year PhD researcher in law at the European University Institute. In her dissertation, Kinanya explores under what circumstances large commercial banks in Europe can bank responsibly. She has interviewed about 160 bankers and central bankers in England, Germany and the Netherlands to provide insight into the workings of responsibility-taking in the EU banking sector for negative social and environmental impacts related to corporate loans granted by banks. Kinanya has contributed to a book on corporate duties of care in Europe in the field of international corporate social responsibility and accountability (in Dutch). In addition, she was part of a team that has conducted a study on increasing leverage for responsible business conduct for the parties to the Dutch Banking Sector Agreement on Human Rights. Very recently, Kinanya started working for the consultancy firm Principia Advisory on improving organisational ethics in a large bank.

 

 
 

Technical disclaimer

The online seminar will take place on the Adobe Connect platform. You can access the seminars from personal computers, laptops, tablets and smartphones.
You are strongly encouraged to read the technical requirements before registering for the online seminar.
To ensure an optimal experience in terms of connection speed and video quality, we suggest to attend the seminar via a device connected to a stable network connection, avoiding if possible shared wi-fi or mobile connections.