Calendar

Conference venue: Corpus Christi College (www.corpus.cam.ac.uk).
The specific room will be the McCrum Lecture Theatre.
Registration deadline is 25 September, 2015
Thursday, October 8
13:00–13:10 | Welcome Address
- Ramon Marimon, European University Institute, UPF–Barcelona GSE & CEPR
13:10–14:40 | Long-term sustainability of a monetary and fiscal union (WP1)
- Chair: Jurgen Von Hagen, University of Bonn
- Charlie Brendon, University of Cambridge
- Giancarlo Corsetti, University of Cambridge
- Árpád Ábrahàmand and Ramon Marimon, European University Institute
- Jesus Fernandez-Villaverde, University of Pennnsylvania
15:00–16:30 | Stabilisation policy in currency unions (WP2)
- Chair: Evi Pappa, European University Institute
- Pedro Teles, Universidade Católica Portuguesa & Bank of Portugal
- Morten Ravn, University College London
- Franck Portier, Toulouse School of Economics
- Martin Uribe, Columbia University
16:30–18:00 | Round Table: “What type of Fiscal Union?”
- Moderator: Isabel Correia, Universidade Católica Portuguesa & Bank of Portugal
- Joaquín Almunia, Former Vice President of the European Commission
- José Manuel Campa, Grupo Santander and IESE Business School
- Eilis Ferran, University of Cambridge
- John Hassler, Stockholm University and Swedish Fiscal Policy Council
- Coen Tuelings, University of Cambridge
Friday, October 9
09:00–10:30 | Macroeconomic and financial imbalances and spillovers (WP3)
- Chair: Thomas Hintermaier, University of Bonn
- Radim Bohacek, CERGE
- Christian Hellwig, Toulouse School of Economics
- Joachim Jungherr, IAE-CSIC and Barcelona GSE
- Philip Lane, Trinity College Dublin
11:00–12:00 | Keynote Address
- Herman Van Rompuy, Former President of the European Council
13:30–15:30 | Policy Implementation (WP4)
- Chair: Marek Kapicka, CERGE
- David Levine and Thomas Beukers, European University Institute
- Giorgio Monti, European University Institute
- Chris Bickerton, University of Cambridge
- Kenneth Armstrong, University of Cambridge
16:00–16:20 | ADEMU activities, organisation and dissemination (WP5 & WP6)
- Hugo Rodriguez, IAE–CSIC and Barcelona GSE
16:20–18:20 | Round Table: “Strengthening the EMU in the aftermath of the Greek crisis”
- Moderator: Richard Portes, London Business School, EUI & CEPR
- Sir Charles Bean, LSE and former Deputy Governor of the Bank of England
- Thomas Cooley, New York University – Stern Business School
- Lucrezia Reichlin, London Business School & CEPR
- Frank Smets, European Central Bank
- René Smits, University of Amsterdam
- Zdeněk Tůma, KPMG and former Governor of the Czech National Bank

On 7th December the Florence School of Banking & Finance will hold its first Advisory Council meeting.
The Advisory Council of the school is composed of Andrea Enria (Chairperson European Banking Authority), Frank Smets (Advisor Mario Draghi European Central Bank), Ignazio Angeloni (Board Member Single Supervisory Mechanism), Mauro Grande (Board Member Single Resolution Board) and Francesco Mazzaferro (Head of Secretariat European System Risk Board), as well as the new Director General at DG FISMA (EC) Olivier Guersent.
The purpose of the meeting will be to discuss the school’s activities in its first year, as well as to start the development of a European curriculum for professionals working in the Banking & Finance sector on topics of regulation and supervision.
This is a closed event.
The European University Institute (EUI), the Brevan Howard Centre at Imperial College together with BAFFI CAREFIN at Bocconi University are organising jointly a conference entitled “Filling the Gaps in Governance: The Case of Europe” to be held at the EUI in Florence on Thursday, April 28, 2016
The conference will bring together leading economists, lawyers, political scientists and policy makers to discuss the current economic situation in Europe with particular emphasis on the issue of filling the gaps or incompleteness in the agreements governing economic cooperation in Europe. These agreements, implicit and explicit, range from matters such as the agreements about domestic debt/GDP levels, the “no bailout clause”, the new banking union, the use of a common currency, the agreement to include identical Collective Action Clauses in all Euro area sovereign bonds and so on.
Organisers:
Franklin Allen | Brevan Howard Centre Imperial College
Elena Carletti | BAFFI CAREFIN Bocconi University and European University Institute
Joanna Gray | Birmingham University
Mitu Gulati | Duke University
Previous Conferences
The new financial architecture in the Eurozone 23 April 2015 |
Bearing the Losses from Bank and Souvereign Default in the Eurozone 24 April 2014 |
Political, Fiscal and Banking Union in the Eurozone? 25 April 2013 |
Governance for the Eurozone: Integration or Disintegration? 26 April 2012 |
Life in the Eurozone with or without Sovereign Default? 14 April 2011 |
The EUI-nomics workshops provide a forum for discussion among academics and economists in public and private institutions about the current and expected future global economic conditions, with a special focus on the euro area and its member countries. For each country/area there will be short presentations by leading experts followed by general discussion. The workshops will be completed by a policy panel debating on key economic policy issues for the euro area.
This conference will address the liberalisation of the financial sector that occurred towards the end of the 20th Century, with a particular focus on the 1980s. It will cover different countries and consider the emergence and persistence of a new regulatory paradigm until – or even after – the recent financial crisis.
In most rich countries, various measures have been passed in order to liberalise and “modernise” the financial markets. Each country had its own agenda, but each of them has experienced, to a various extent, a change in regulatory regime. Interest rates paid on deposits have been liberalised, competition has been favoured, traditional barriers between insurance, banking, and
financial market activities, have been removed, as well as exchange controls. Access to domestic markets by foreign financial institutions has been facilitated through reciprocal agreements or through an open door approach attracting foreign investors.
Financial deregulation – or liberalisation – has not yet been thoroughly examined by historians, though, because of the difficulty to access archival material for recent periods. However, such material is becoming increasingly accessible and allows historians to take a new look at the matter, particularly concerning the 1980s.
As major reforms of the financial sector, such as Basel III, are being widely debated today, it is important to take a broader and longer-term view, in order to understand if we are still living under the same regulatory regime as before, or if a truly new paradigm has emerged. We will address the relevance of the notion of “deregulation”, the links between the changes under consideration and globalisation, and the respective influence of market forces and politics in this process. These questions call for an interdisciplinary approach that not only looks at historical and economic aspects, but also addresses legal, conceptual, and political issues.
Organiser: Youssef Cassis

The European University Institute Forum on Brexit with short contributions from Brigid Laffan, Gary Marks and Liesbet Hooghe.
Brigid Laffan is Director of the Robert Schuman Centre for Advanced Studies (RSCAS) at the EUI.
Gary Marks is a research professor in Multilevel Governance at the VU University Amsterdam and Burton Craige Distinguished Professor of Political Science at the University of North Carolina at Chapel Hill. Gary Marks is currently a Visiting Scholar at the RSCAS.
Liesbet Hooghe is the W. R. Kenan Jr. Professor of Political Science at the University of North Carolina at Chapel Hill. She also holds a research professorship in multilevel governance at the VU University Amsterdam. Liesbet Hooghe is currently a Visiting Scholar at the RSCAS.
Watch the Recording of the Conference

On the 14-15 of July, the Florence School of Banking & Finance will hold an executive seminar on banking resolution. The aim of this Chatham House seminar will be to discuss, in the presence of senior decision-makers from the European Central Bank, the European Commission, the Single Supervisory Mechanism, the European Banking Authority and the Single Resolution Board the implications for regulators and financial institutions alike of the newly established banking resolution regime. Distinguished academics and senior practitioners from financial institutions have also confirmed their participation.
This is a closed event.

The annual conference of the Florence School of Banking and Finance, organised at the European University Institute (EUI), brings together leading economists, lawyers, political scientists and policy makers to discuss the current economic situation in Europe.
Organisers:
Franklin Allen | Brevan Howard Centre Imperial College
Elena Carletti | BAFFI CAREFIN Bocconi University and European University Institute
Joanna Gray | Birmingham University
Mitu Gulati | Duke University
Background:
The financial world is undergoing a profound technological change. The advent of innovative
technologies is unsettling the industry’s modus operandi which will soon enough disrupt the current
practices of both supervisors and central banks. Big data, block-chain and the proliferation of
distributed ledgers are only a few illustrations of a wider financial technology industry build-up –
known as FinTech – which will revolutionise the global financial infrastructure.
As a result of this, the geography of finance is evolving at a rapid pace. In this new context of digital
transformation and innovation, how should regulation respond? Is regulatory arbitrage and the
reliance on more decentralised regulatory regimes a possible solution or is the top-down central model
resilient enough to sustain these changes? Can regulators turn these new challenges into
opportunities?
Sessions:
- Session 1: The New World of FinTech
- Session 2: Regulatory Arbitrage across Jurisdictions
- Session 3: A Case Study: BREXIT

The International Risk Management Conference – 10th Edition of the Annual Meeting of The Risk, Banking and Finance Society takes place in Florence on June 12-14, 2017.
This event brings together professionals and leading experts from various academic disciplines, among others: Davide Alfonsi (Intesa Sanpaolo), Edward I.Altman (NYU Stern), Menachem Brenner (NYU Stern), Michael Gordy (Principal Economist – Board of Governors of Federal Reserve System), Rossella Locatelli (University of Insubria), Anthony Saunders (NYU Stern) and David Yermack (NYU Stern).
In the framework of the conference, the Florence School of Banking and Finance is organizing a professional workshop entitled “Financial Markets and Institutions“. This half-day workshop, taking place at the EUI premises in San Domenico di Fiesole on June 14th, will explore the increasingly intertwined nature of risk management and regulation.
The Call for Papers for the IRMC conference is now open.
To celebrate the 10th edition of the conference, RBF and Classis Capital SIM will offer a € 3000 cash prize for the Best Conference Paper. The winner will be selected by a World Review Committee and will be announced at the Gala dinner.
The conference welcomes all theoretical, methodological and empirical contributions relevant to the theme “Assessing 10 Years of Changes in the Financial Markets: How will the Future be impacted?”.
Full papers must be submitted by March 15, 2017. The accepted papers will be presented in parallel sessions. Complete information regarding the Call for Papers can be found on the IRMC website.
Further information on the event can be found on the conference website: http://www.therisksociety.com/.

The annual conference of the Florence School of Banking and Finance, organised at the European University Institute (EUI) brings together leading economists, lawyers, political scientists and policy makers to critically analyse, review and debate the most salient elements and gaps of Europe’s post-crisis institutional architecture.
Organisers:
Franklin Allen | Brevan Howard Centre Imperial College
Elena Carletti | BAFFI CAREFIN Bocconi University and European University Institute
Mitu Gulati | Duke University
Background:
The crisis has turned Europe’s economic and financial governance into a patchwork of bodies, instruments and rules that are hard to disentangle. Against this background, the purpose of this conference is to critically analyse, review and debate the most salient elements and gaps of Europe’s post-crisis institutional architecture.
More specifically, the conference aims:- to draw analytical and practical lessons from the crisis management solutions provided by European Union institutions
- to interrogate how courts discussed, challenged and legitimized the EU’s key crisis-led decisions
- to look ahead and boldly ask and discuss what should be the Economic and Monetary Union’s optimal institutional set-up – also in light of a renewed and conceivably more dynamic French-German cooperation moment.
Sessions:
- Session 1: A Look Back: Evaluating European Institutions’ Crisis Management
- Session 2: Disentangling The Crisis And The Courts
- Session 3: The Way Forward: The Eurozone’s Institutional Prospects