logo-euiFlorence School of Banking & Finance

Supervision of auditors: lessons learned from landmark cases

When:
April 29, 2021 @ 5:00 pm – 6:45 pm Europe/Rome Timezone
2021-04-29T17:00:00+02:00
2021-04-29T18:45:00+02:00
Where:
Online
Cost:
Free
Contact:
FBF Secretariat
[+39] 055 4685739

Supervision of auditors: lessons learned from landmark cases


Register here

Just two weeks before CMVM celebrates its 30th anniversary, and 5 years after having been given supervisory powers over the audit activity in Portugal, the CMVM (the Portuguese Securities Regulator) in partnership with CIRSF (Research Center on Regulation and Supervision of the Financial Sector), will bring together experts, policy makers, regulators and industry representatives to discuss the challenges posed to the supervision of auditors, in the context of lessons learned from real cases and the possible steps forward. With the support of the Florence School of Banking and Finance of the European University Institute, the discussion will take place in two separate sessions, one dedicated to “Public supervisory oversight of auditors in the EU” (by invitation-only) and a second one open to the general public, which will focus on “Supervision of Auditors: Lessons learned from landmark cases”.

Learning from the cases that have shaped the last decade in the field of auditing, namely Wirecard, Danske Bank and others, the session will gather top international experts to discuss the role of auditing and its interaction with sound corporate governance practices and potential gaps in regulation and enforcement in the EU and the US. The discussion will also approach the risks of concentration in the auditing market.

17:00 – 17:10 – Welcome Remarks
Gabriela Figueiredo Dias, Chair of the Portuguese Securities Commission (CMVM)


17:10 – 18:45 – Panel discussion

Keynote intervention: Nicolas Véron, Senior fellow at Bruegel and at the Peterson Institute for International Economics

  • Hanno Merkt, Professor and Director of the Instituts für Ausländisches und Internationales Privatrecht at the University of Freiburg
  • Katja Langenbucher, Professor at Goethe-University’s House of Finance in Frankfurt, affiliated professor at SciencesPo
  • Sebastian Mock, Professor at the Vienna University of Economics and Business
  • Giancarlo Spagnolo, Professor at Stockholm Institute of Transition Economics, EIEF and University of Rome Tor Vergata
  • Alain Deckers, Head of Unit – Corporate reporting, audit and credit rating agencies, European Commission

Closing remarks: Thorsten Beck, Director of the Florence School of Banking and Finance

Moderator: Luis Silva Morais, Chair CIRSF – Research Center on Regulation and Supervision of the Financial Sector