Calendar
In cooperation with Oliver Wyman
Course dates: 31 May – 18 June 2021
Academy Directors
Andrea Federico (Oliver Wyman); Pierre Schlosser (Florence School of Banking and Finance, European University Institute)
Academy Coordinators
Anthony Charrie (Oliver Wyman); Christy Ann Petit (Florence School of Banking and Finance, European University Institute)
Core Faculty
Silvia Allegrezza(University of Luxembourg); Carolin Gardner, Endija Springe (European Banking Authority);
Dominik Käfer, Sean Kennedy, Lisa Quest, Daniel Tannebaum (Oliver Wyman); Olena Loboiko (European Commission, DG FISMA); Eleni Tsingou (Copenhangen Business School)
Guest contributors
Igor Angelini (EUROPOL); Martin Andersson, Alexandre Cailleteau, Anton Kraminkin, Jayant P Raman (Oliver Wyman); Michael Levi (Cardiff University), Verena Landwehr, Florian Narring (European Central Bank)
Area: Risk management
Level: Intermediate
Target: Members from SSM, EBA, European Commission, National Supervisory Authorities, Financial Institutions Professionals, Compliance Officers, Lawyers, Academics, Ph.D. and Post-doctoral researchers.
Course dates: 04 June – 02 July 2021
Training Programme
Sitting on Boards: Better Check and Control of Risks
Online training, fees apply
Course dates: 14 June – 02 July 2021
Course Directors: Veerle Colaert (KU Leuven University); Matteo Gargantini (University of Utrecht)
Guest Instructors: Federico della Negra (European Central Bank); Eugenia Macchiavello (University of Genova); Diego Valiante (University of Bologna)
Interview Partners: Francesco Costantino (Regulatory Consulting), Christiane Hölz (DSW/Better Finance), Rainer Riess (FESE)
Area: Regulation, Supervision and Resolution
Level: Intermediate
Target: EU Officials (ECB, SSM, SRB, ESRB, EBA, ESMA, ESM), National Supervisory Authorities, economists and risk managers in financial institutions and private banks, lawyers and accountants, Ph.D. students, post-graduate researchers, assistant professors.
Register here
The second event of the #FBFDiscuss! series will develop around the motion: “This House Believes that central banks should introduce central bank digital currencies.” The digitalisation wave in the financial sector has also reached the sphere of money, with cryptocurrencies such as Bitcoin and stable coins such as Diem increasingly dominating headlines. Several central banks have recently confirmed plans to evaluate the option of issuing their own digital currencies, including for retail use. In April, the Eurogroup announced its support for ECB plans to possibly issue digital euros. This debate will explore the pros and cons of such a move to central bank-issued digital currencies, including retail digital currencies. Will it help central banks and the financial system to keep up with digitalisation trends? Or will it risk undermining the banking system, and lead to rising cyber frauds and money laundering risks? Will it increase the efficiency of payments further? Or will it eliminate what little privacy we have left in the financial system?
Proponent
Domenico Lombardi, Director of the Global Economy Department at the Centre for International Governance Innovation (CIGI) in Canada
Opponent
Steve Cecchetti, Rosen Family Chair in International Finance at the Brandeis International Business School
References
- S. Cecchetti and K. Schoenholtz, ‘Universal Central Bank Digital Currency?‘, Money and Banking, April 2018, link.
- S. Cecchetti and K. Schoenholtz, ‘Libra’s dramatic call to regulatory action‘, Money and Banking, July 2019, link.
- R. Auer et al., ‘CBDCs beyond borders: results from a survey of central banks‘, BIS Papers No 116, June 2021, link.
#FBFDiscuss! is a new Oxford-Union style debate format that will bring together two contestants from academia to debate a specific motion. After the opening statements, the event will see the direct participation of the public who will have the chance to pose their questions and vote for their favourite opinion.
Join the discussion! Follow #FBFDiscuss on Twitter!
Women in Finance series
GENDER DIFFERENCES IN FINANCIAL LITERACY
Lecture by Annamaria Lusardi, The George Washington University, CEPR, NBER and Netspar 29 June 2021 – 13:00 CEST
Register here to attend on Zoom* * Attending the event on Zoom will allow you to pose questions and interact with the speaker and moderator.
The Women in Finance series aims to highlight successful women across different areas of finance, public service, academia, and private sector. In our second event of the series, Professor Annamaria Lusardi will present the results of her research on gender differences in financial literacy: “Our data, collected over many years, show that women are less financially literate than men. It is unclear whether this gap reflects a lack of knowledge or, rather, a lack of confidence. We show that women tend to disproportionately respond “do not know” to questions measuring financial knowledge, but when this response option is unavailable, they often choose the correct answer. We estimate that about one-third of the financial literacy gender gap can be explained by women’s lower confidence levels. These estimates matter; both financial knowledge and confidence can be linked to stock market participation.”
Speaker
Annamaria Lusardi is University Professor of Economics and Accountancy at the George Washington University School of Business (GWSB). Moreover, she is the founder and academic director of GWSB’s Global Financial Literacy Excellence Center. Previously, she was the Joel Z. and Susan Hyatt Professor of Economics at Dartmouth College, where she taught for twenty years.
Reference: T. Bucher-Koenen, R. Alessie, A. Lusardi, M. van Rooij, Fearless Woman:Financial Literacy and Stock Market Participation, Working Paper, Global Financial Literacy Excellence Center, March 2021:link
Chair
Elena Carletti is Professor of Finance at Bocconi University. She is also founding director of the Florence School of Banking and Finance Florence School of Banking and Finance at the European University Institute, is a member of Board of Directors of Unicredit SpA and a member of the Advisory Scientific Committee of the European Systemic Risk Board (ESRB).
Course dates: 06 September – 01 October 2021
Course Director: Philipp Paech (London School of Economics)
Instructors: Peter Kerstens (European Commission, DG FISMA); Klaus Löber (European Securities and Markets Authority); Elisabeth Noble (European Banking Authority)
Area: Regulation, Supervision and Resolution
Level: Introductory/Intermediate
Target: EU Officials (ECB, SSM, SRB, ESRB, EBA, ESM), National Supervisory Authorities, Economists and Risk Managers in financial institutions and private banks, Lawyers and Accountants, Ph.D. Students, Post-Graduate Researchers, Assistant Professors.
Course dates: 17 September – 08 October 2021
Instructor: Jeffrey Wooldridge (Michigan State University)
Area: Statistical and Econometric Methods
Level: Advanced
Target: EU Officials (ECB, SSM, SRB, ESRB, EBA, ESM), National Supervisory Authorities, Financial Stability officers, Economics Departments And Forecasting Departments of Central Banks, Ph.D. and Post-doctoral researchers, Research department officers of private banks.
Course dates: 01 – 03 October 2021
Training Programme
Sitting on Boards: Better Quality and Better Governance
Residential* training, fees apply
*Format subject to changes, depending on the circumstances. Course dates: 11 – 29 October 2021
Course Director: Tuomas Peltonen (European Systemic Risk Board)
Area: Financial Stability and Macroprudential policy
Level: Introductory/Intermediate
Target: Macro-Prudential authorities from emerging market economies, EU officials, financial stability and research department of Central Banks; students, post-doc researchers; assistant professors; private sector economists and lawyers
Course dates: 25 October – 14 November 2021
Course Director: Bart Joosen (VU University Amsterdam and Recofise)
Area: Regulation, Supervision and Resolution
Level: Introductory/Intermediate
Target: Financial Regulators and Supervisors; Members from Central Banks and Institutions (EU, intergovernmental, national goverments); Academic researchers; Personnel in private banks and law firms.