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Oct
12
Mon
Anti-Money Laundering Academy @ Online
Oct 12 – Nov 2 all-day

Fully booked
To request inclusion in the waiting list, contact fbf@eui.eu.

Course dates: 12 October – 02 November 2020

Place: EUI Premises, Florence

Course Instructors: Anthony Charrie, Dominik Kaefer, Sean Kennedy, Lisa Quest, Jayant P Raman, Daniel Tannebaum (Oliver Wyman); Michael Levi (Cardiff University); Caroline Gardner, Endija Springe (European Banking Authority); Olena Loboiko (DG FISMA); Eleni Tsingou (Copenhagen Business School)

Area: Risk Management

Level: Intermediate

Target: SSM, EBA, SRB, National Supervisory Authorities, Financial institutions professionals, Lawyers, Ph.D. and Post-doctoral researchers.

More information and registrations
Oct
29
Thu
Online debate | Non-Performing Loans (NPLs): A Critical Stock-Take @ Online
Oct 29 @ 1:00 pm – 2:00 pm

Register here


As a result of COVID-19, Non-Performing Loans (NPLs) are on the rise in Europe and globally. The Covid-19 pandemic has indeed halted the already fragile European economy. As the latest global financial crisis confirmed it – higher levels of NPLs slowed down economic recovery and deepened recession. In this context, containing and possibly reducing NPL levels is proving to be a major challenge, both for market participants and for policy-makers. The too timid economic recovery indicators combined with the weak macroeconomic context and structural issues will no doubt put NPLs high on the policy agenda.

Against this background the purpose of this online debate is to review the lessons learned from the previous financial crisis, explore the suite of possible solutions and discuss how to better prepare for handling new NPL surges in the future.


Chair and Moderator

Elena Carletti (Bocconi University and Florence School of Banking and Finance, European University Institute)
Elena Carletti is Professor of Finance at Bocconi University. She is also at the 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). Furthermore, she is research professor at the Bundesbank, a member of the Expert Panel on banking supervision for the European Parliament, a member of the Scientific Committee “Paolo Baffi Lecture” at the Bank of Italy, a member of Bruegel Scientific Committee, Research Fellow at CEPR, Fellow of the Finance Theory Group, CESifo, IGIER, and Wharton Financial Institutions Center. She is the author of numerous articles on Financial Intermediation, Financial Crises and Regulation, Competition Policy, Corporate Governance and Sovereign Debt.    

Speakers

Nicoletta Mascher (European Stability Mechanism)
Nicoletta Mascher is Head of Division within the Chief Economist’s department of the European Stability Mechanism (ESM), which she joined in October 2018. She is responsible for monitoring financial sector conditions and regulatory developments in the euro area. In the execution of the ESM post-programme activities, she is country team coordinator for Ireland. Prior to this, Ms Mascher worked at the European Central Bank as Joint Supervisory Team Coordinator. She previously served as supervisor, on-site inspector and director at Banca d’Italia; she also worked as financial analyst in the asset management industry, specialising in fixed income and derivatives. Ms Mascher is a graduate of Luigi Bocconi University of Milan, where she received a Master’s degree in economics.


Charles-Antoine Dozin (Morgan Stanley)
Charles-Antoine Dozin is Executive Director, Capital Markets and Bank Solutions at Morgan Stanley.







Nicolas Véron (Peterson Institute for International Economics and Bruegel)
Nicolas Véron is a Senior fellow at the Peterson Institute for International Economics since October 2009 and is a senior fellow at Bruegel, the Brussels-based economic policy think tank he helped cofound in 2002–2004. A French citizen and graduate of Ecole Polytechnique and Ecole Nationale Superieure des Mines de Paris, he has held various positions in the public and private sectors, including as corporate adviser to France’s labor minister (1997–2000), as chief financial officer of the publicly listed internet company MultiMania / Lycos France (2000–2002), and as an independent financial services consultant. Since July 2013 he has been a board member of the derivatives arm of the Depository Trust and Clearing. His research is mostly about financial systems and financial reform around the world, including global financial regulatory initiatives and current developments in the European Union. He has published on accounting standards, audit firm governance, banking supervision, cross-border financial crisis management, economic nationalism, financing of high-growth firms, industrial policy, internationalization of large companies, oversight of inward investment in the European Union, and rating agencies. In September 2012, Bloomberg Markets included Véron in its second annual 50 Most Influential list, with reference to his early advocacy of European banking union.

Nov
2
Mon
Bank Resolution Academy @ Online
Nov 2 – Nov 20 all-day
Qualitative

Course dates: 02-20 November 2020

Place: Online

Course Directors: Seraina Grünewald (Radboud University Nijmegen); Emiliano Tornese (European Commission); Tobias Tröger (Goethe University, Frankfurt)

Guest Speaker: Sebastiano Laviola (Single Resolution Board)

Course Instructors: Colm Brady, Paul Disveld (ECB Banking Supervision); Mario Delgado Alfaro (Ernst & Young), Anna Gardella (European Banking Authority), Lidja Schiavo (European Banking Authority), Katerina Theodossiou (Bank of Greece), More experts from private and public sector tba.

Area: Regulation, Supervision and Resolution

Level: Intermediate

Target: EU Officials (ECB, SSM, SRB, ESRB, EBA, ESM), National Supervisory Authorities, financial stability and research department of Central Banks, Ph.D. students, financial institutions in the private sector, law firms.

More information
Monetary Policy Transmission: Banks, Nonbanks, Credit and Prudential Policies @ Online
Nov 2 – Nov 6 all-day

Fully booked
To request inclusion in the waiting list, contact fbf@eui.eu

Course dates: 02-06 November 2020

Place: Online

Course Instructors:José-Luis Peydró (Universitat Pompeu Fabra, CREI and Barcelona GSE); Carlo Altavilla (European Central Bank)

Area: Financial Stability and Macroprudential policy

Level: Intermediate

Target: EU Officials (ECB, SSM, SRB, ESRB, EBA, ESM), National Supervisory Authorities, Financial stability and research department of Central Banks, Ph.D. students, research department of private banks

More information and Registration

Nov
27
Fri
Bank resolution in times of COVID-19 @ Online
Nov 27 all-day

Call for papers closed

Deadline for submissions was 1 September 2020

The Single Resolution Board and the Florence School of Banking and Finance (European University Institute) are organising an interdisciplinary Academic Event on ‘Bank resolution in times of COVID-19’. The event will take place on 27 November 2020 at the premises of the Single Resolution Board in Brussels [or in an online format].

The COVID-19 pandemic is challenging the European Union and the principles and instruments of its recently established Banking Union. Fortunately, great strides have been made towards financial stability in the last 12 years. European policymakers have created and shaped a de facto macroeconomic financial stability objective, in which the resolution pillar plays an important role. Financial stability and bank resolution are currently striding along the road, and their relationship remains debated. Some have argued that bank resolution fosters financial stability, by preventing unexpected and disorderly bank exits from the sector. Others have contended that the potential enforcement of some resolution tools, such as bail-in, may represent a risk for the stability of the system.

During its four years of existence and well before the COVID-19 emergency, some building blocks of the crisis management framework have been challenged. It has been argued that the consistency of the resolution regime with other instruments, such as the European Stability Mechanism facilities, and with national legal orders (e.g. domestic insolvency regimes, safeguard of creditor’s property rights, national central bank resources) could be further improved, also to ensure more legal certainty. The firepower of the Single Resolution Fund depends also on the introduction of the Common Backstop, potentially provided by the European Stability Mechanism.

Will this step contribute to the prevention of financial instability?

Will the design of the resolution framework prevent a second wave of bank bail-out in the European Union in the COVID-19 context?

To what extent can the stability of the European banking sector be maintained while minimising the use of public funds in the banking sector?

Against this background, the aim of the event is to bring together leading scholars and policy-makers in order to discuss economic, financial, legal, political and public policy topics located at the intersection between financial stability and bank resolution and in the context of COVID-19.

We look forward to seeing you in November 2020!


Download Bank resolution in times of COVID-19 Brochure
Go to event website
Mar
3
Wed
Climate Risks Academy @ Format TBC
Mar 3 – Mar 5 all-day

Course co-organised with Oliver Wyman.

Quantitative

Course dates: 03-05 March 2021

Venue: Format TBC

Course Instructors: Jos Delbeke (European University Institute – School of Transnational Governance); Andrea Federico, Ilya Khaykin, Alban Planet (Oliver Wyman); Anne Platou(Bank ASA); Peter Vis (Rud Pedersen Public Affairs); More tba

Area: Risk Management

Level: Intermediate

Target: EU officials, EBA, ESRB, SRB, National Supervisory Authorities, Financial stability and research departments of central banks, Financial institutions professionals, Lawyers, Ph.D. and Post-doctoral researchers.

Mar
22
Mon
Network Analysis Techniques For Applications in Finance and Economics @ Format TBC
Mar 22 – Mar 24 all-day

Course dates: 27-29 May 2020

Venue: Format TBC

Course Instructors:Christian Brownlees (Universitat Pompeu Fabra and Barcelona Graduate School of Economics); Iman van Lelyveld (VU University and DNB)

Area: Statistical and Econometric Methods

Level: Intermediate

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.

More information and registrations
Apr
12
Mon
Enhancing the cyber resilience of the financial sector @ Format TBC
Apr 12 – Apr 14 all-day

Course dates: 12-14 April 2021

Venue: Format TBC

Course Instructors: Emran Islam and Klaus Loeber (European Central Bank)

Area: Risk Management

Level: Intermediate

Target: EU Officials (ECB, SSM, SRB, ESRB, EBA, ESM), National Supervisory Authorities, financial stability and legal department experts in Central Banks, Ph.D. students, private sector members, law firms and practitioners

More information here
Apr
26
Mon
Managing and Understanding Sovereign Risks @ Format TBC
Apr 26 – Apr 28 all-day

Course dates:26 – 28 April 2021

Venue: Format TBC

Course Instructors: Mitu Gulati (Duke University); Ugo Panizza (Graduate Institute of International and Development Studies); Lee C. Buchheit

Area: Risk Management

Level: Intermediate

Target: EU Officials (ECB, SSM, SRB, ESRB, EBA, ESM), National Supervisory Authorities, financial stability and legal department experts in Central Banks, Ph.D. students, private sector members, law firms and practitioners

More information and registrations
May
25
Tue
Digital Currencies Academy @ Format TBC
May 25 – May 28 all-day
Quantitative

Course dates: 25-28 May 2021

Venue: Format TBC

Course Instructors: Thorsten Koeppl (Queen’s University – Course director); Katrin Assenmacher (ECB); Christian Catalini (Libra, Facebook); James Chapman (Bank of Canada); Anne Choné (ESMA); Daniel Heller (Fnality International); Jean Pierre Landau (Harvard Kennedy School and SciencesPo); Klaus Löber (ECB); Cyril Monnet (University of Bern); Elisabeth Noble (European Banking Authority); Senior Policy Makers, Academics and Private Sector.

Area: Risk Management

Level: Introductory/Intermediate

Target: EU Officials (ECB, SSM, SRB, ESRB, EBA, ESM), National Supervisory Authorities, Senior Policy Officers of Prudential Supervisors/National Central Banks, Treasurers with Banks, Funding Strategists.

More information and registrations