The global financial crisis and the European fiscal crisis raised a set of cardinal questions concerning the organization of an economic integrated area. The bank resolution rules introduced by the Bank Recovery and Resolution Directive and the Single Resolution Mechanism Regulation have created a whole new area of law in the EU but touch on many areas of substantive law, including insolvency law and competition law – some already harmonized at European level, others only partially. This area of law is to further extended for institutions other than banks, such as insurance companies and central counterparties. In this PhD-workshop economists and legal scholars shall jointly discuss the current challenges related to the emergence of this new area of law by looking at its boundaries. The organizers are interested in all topics which fall under the umbrella of the broad workshop topic.
With this focus, the seminar is addressed to PhD-students of law, economics and related disciplines, who will present current research-projects that relate to recent or future European legal developments and challenges in the field of resolution law or the European Banking Union in the broader context.
Two topical keynotes from experts in the field will complement the workshop.
Early stage researchers (Ph.D.-students or Post-docs) which are interested in participating in the workshop shall submit a full paper or an extended abstract related to the workshop topic via email to Agnieszka Smoleńska (agnieszka.smolenska@EUI.eu) or Lynette Janssen (email@example.com) no later than December 31, 2016. The decision of including papers for presentation at the workshop will be communicated by January 15, 2017.
The European University Institute will cover hosting expenses for presenters. Travel costs are not covered.
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.
The workshop is organised by Massimiliano Marcellino, Bocconi University and EUI.
The 2017 event will feature roundtables discussing the following topics:
- France, Germany, Spain
- The Italian Economic Perspectives
- Global Conditions
- Euro Area Macroeconomic Outlook: Alternative Views?
- EU and the UK after Brexit
This half-day workshop, held in the context of the International risk Management Conference co-organized by the New York University Stern Salomon Center for the Study of Financial Institutions and the University of Florence, will explore the increasingly intertwined nature of risk management processes and regulation. The focus will be put on the practitioners perspective.
The workshop will thus come to grips with the interplay of regulation and risk management in a period where risk assessment methodologies are becoming increasingly complex and the regulatory and supervisory framework of the financial sector is getting more intrusive (e.g. increasing monitoring of business models of FIs; additional capital buffers: new powers for resolution authorities on early intervention and resolution planning).
Some of the key questions which the workshop is likely to address are the following:
- Should financial stability be achieved through activist supervision or should legislators and regulators rely on the production of limited yet credible rules?
- Do regulators have the administrative and resource capacity to actively supervise financial institutions’ conduct, including internal risk management processes and business models?
- Knowing the excessive risk-taking that characterised the financial industry in the past and the un-encouraging effectiveness of self-regulation, does the alternative, light-weighted regulatory approach still has a future?
- Last, but not least, how can risk managers deal with regulatory risk in the financial sector?
The workshop will bring together both bank and non-bank actors to illustrate, analyse and engage with those challenges.
Since 2011, the EUI-nomics workshops provide an annual forum for discussion among academics, policy-makers and private sector economists. Current and expected global economic perspectives and conditions are reviewed and discussed, with a special focus put on the euro area and its Member States.
Leading economists will provide comprehensive briefings about each country or area’s economic outlook. The 2018 EUI-nomics workshop will be completed by a policy panel debating the extent of the remaining heterogeneity in the euro area and its implications for policy-making and market performance.
Participation to this event is upon invitation only
This closed-doors, two-days Chatham House executive seminar on Financial Surveillance will (1) take stock of the state of the art in the supervision and resolution of banks and other non-bank actors in Europe; (2) will assess the market impact and developments of the recently implemented prudential and resolution rules and will (3) critically review current oversight gaps and risks and explore possible remedies. Compared to past editions which focussed on the banking sector, this executive seminar will look both at banks and non-banks realities.
The executive seminar will be held in the context of the Florence School of Banking and Finance’s 4th Advisory Council and Scientific Committee Meeting.PROGRAMME
- Stefano Cappiello | Bank of Italy
- Elena Carletti | Florence School of Banking and Finance and Bocconi University
- Pierre Schlosser | Florence School of Banking and Finance
- Emiliano Tornese | European Commission
Participation to this event is upon invitation only
This two-days Chatham House executive seminar on the New World of Financial Stability will (1) take stock of the state of the art in the regulation and supervision of banks and other nonbank actors in Europe; (2) assess the market impact of and developments in the Single Market for banking and finance; (3) discuss risks and opportunities stemming from new technologies and business models and (4) critically review current oversight gaps and risks and explore possible remedies.
In line with last year’s approach, this Florence School of Banking and Finance (FBF) executive seminar will look both at banking and non-banking entities.
The executive seminar will be held in the context of the Florence School of Banking and Finance’s 4th Advisory Council and Scientific Committee Meeting.
- Stefano Cappiello (FBF and Italian Treasury)
- Elena Carletti (FBF and Bocconi University)
- Pierre Schlosser (FBF)
- Emiliano Tornese (FBF and European Commission)
- Tobias Troeger (Frankfurt University)