SUERF/Belgian Financial Forum (BFF) Conference

Cross border financial services: Europe’s Cinderella?

Conference report

Friday, 15 November 2019

Venue: Auditorium National Bank of Belgium
Rue Montagne aux Herbes Potagères 61
1000 Brussels, Belgium

Organising committee:
Urs Birchler, University of Zurich and SUERF
Ernest Gnan, Oesterreichische Nationalbank and SUERF
Frank Lierman, BFF and SUERF
Frank Wulms, Julius Baer and SUERF

For more information about the conference and the registration procedure, please contact suerf@oenb.at.

Cross-border trade in financial services is underdeveloped within the EU, and it meets numerous obstacles between non-EU countries and EU members like the US or Switzerland. International trade organizations like WTO have not achieved much progress in the area of financial services. With Brexit, the issue may become even more serious. At the same time, many non-EU destinations like the US, Switzerland, Singapore or Hong Kong are fighting for market shares. What could be done to free EU cross-border financial services from their fetters?

Programme

Friday, 15 November 2019
08:15	Registration and Welcome Coffee

08:45	Opening and Welcome

	Jean Hilgers, BFF President I National Bank of Belgium Ernest Gnan, SUERF Secretary General I Oesterreichische National Bank

09:00	Keynote Speech

	Chair: Ernest Gnan, Counsel to the Board and Head, Economic Analysis Division, Oesterreichische Nationalbank I SUERF Who benefits from banks’ cross-border competition Robert Koopman, Director, Economic Research and Statistics, WTO Presentation

09:45	Panel 1: The intra and extra EU cross border financial services (in)activity: Europe’s Cinderella?

	Chair: Urs Birchler, Prof. Em., University of Zurich I SUERF Banking (de)globalisationand Europe Goetz von Peter, Principal Economist, Monetary and Economic Department, International Data Hub, BIS Presentation Between dreams and reality Jan Van Hove, Chief Economist, KBC Group Presentation The intra and extra EU cross border nancial services (in)activity: Europe’s Cinderella? Mathias Hoffmann, Professor, International Trade and Finance, University of Zurich Presentation Carey Evans, Director, Global Public Policy Group, BlackRock

11:15	Coffee break

11:45	Panel 2: New developments in European financial regulation: what implications for cross- border financial services

	Chair: Isabelle Vaillant, Director of Prudential Regulation and Supervisory Policy, EBA Cross-border consolidation in Europe Gonzalo Gasos, Head of Prudential Policy and Supervision, European Banking Federation (EBF) Presentation Jean-Paul Servais, Chairman, FSMA Presentation Philipp Härle, Senior Partner, McKinsey & Company Presentation

13:15	Lunch

14:15	Keynote Speech

	Chair: Frank Lierman, Belgium Financial Forum I SUERF Opening the EU’s single market for financial sevices to the world – prospects, limtations, options Almoró Rubin de Cervin, Acting Director of Directorate A at DG FISMA, EC

15:15	Panel 3: The future geography of financial services: Views of the financial industry

	Chair: Michala Marcussen, Group Chief Economist, Société Générale I SUERF Vice President Tim Clausen, Head of International Regulatory Policy and Strategy, HSBC François Benaroya, Head of CEE/Turkey, BNP Paribas Peter Hahn, Dean & Henry Grunfeld Professor of Banking, The London Institute of Banking & Finance Frank Wulms, Executive Director, Public Policy International, Bank Julius Bär & CO. Ltd

16:45	End and farewell coffee

Design by draganmarkovic.net

Main Menu

SUERF

Membership

Fellows and Research Affiliates

Events

Publications

Research Prizes

Cross border financial services: Europe’s Cinderella?

Conference report