EUROPEAN SUPERVISOR EDUCATION INITIATIVE How to contribute to financial stability Educating supervisors as integral part of European financial supervision Conference AT Goethe Business School Goethe University Frankfurt AM Main 1-2 July 2009 EUROPEAN SUPERVISOR EDUCATION INITIATIVE Invitation We, the founding members of the European Supervisor Education (ESE) Initiative, are pleased to invite you to the conference “How to contribute to financial stability – Educating supervisors as integral part of European financial supervision” to be held in Frankfurt am Main on 1-2 July 2009. The idea behind the initiative The aim of the European Supervisor Education Initiative is to improve the skills of European supervisors in the fields of banking, insurance and securities to a high standard by means of a modular seminar programme. The programmes combine the knowledge and experience of practitioners from the field of supervision with academic solutions from a European perspective. The interaction of seminar participants from various disciplines and countries aims to promote mutual understanding and a European supervisory culture. The initiative highlights the importance of training financial supervisors for financial stability. It builds on the impetus provided by the European committees for banking, insurance and securities supervision (CEBS, CEIOPS and CESR), which have prioritised the training of European supervisors for 2009. Founding members The founding members of the European Supervisor Education Initiative are the Federal Financial Supervisory Authority (BaFin), the Oesterreichische Nationalbank, Goethe University’s Goethe Business School and the Deutsche Bundesbank. We would consider it a success if, as a result of the conference, we were able to attract new members. EUROPEAN SUPERVISOR EDUCATION INITIATIVE CONFERENCE How to contribute to financial stability Educating supervisors as integral part of European financial supervision 1 July 2009, 7.00 pm: Reception Guest Speaker: Mr Rudolf Böhmler, Member of the Board, Deutsche Bundesbank Venue: House of Finance, Goethe University, Frankfurt am Main 2 July 2009, 9.00 am – 6.00 pm: Conference Venue: Casino building, Goethe University, Frankfurt am Main Conference Agenda Time Topic Speaker Organisation 9:00 – 9:20 Registration / Coffee 9:20 – 9:30 Opening remarks Prof. Paul Bernd Spahn Goethe Business School 9:30 – 10:00 Intensifying qualification for European Supervisors – Why start a new initiative? Prof. Hans-Helmut Kotz Deutsche Bundesbank 10:00 – 10:30 Investment banking and supervision – a market perspective Dr Lutz Raettig Morgan Stanley 10:30 – 10:45 Discussion (Moderated by Professor Spahn) 10:45 – 11:15 Coffee 11:15 – 11:45 Regulation and supervision of the financial sector: pro-active or responsive Mr Patrick Pearson European Commission 11:45 – 12:15 How to improve regulation in the field of securities? Mr Carlos Tavares* CESR 12:15 – 12:45 Recent market developments at CEIOPS Dr Thomas Steffen CEIOPS 12:45 – 13:00 Discussion (Moderated by Professor Spahn) 13:00 – 14:30 Lunch 14:30 – 14:50 How can academics contribute to promoting financial stability? Prof. Dirk Schoenmaker Duisenberg School 14:50 – 15:10 Changing regulation, regulators or both? – Current challenges for bank supervisors and central banks Mr Andreas Ittner Oesterreichische Nationalbank 15:10 – 15:30 Fostering a common European supervisory culture Ms Kerstin Af Jochnick CEBS 15:30 – 15:50 Grasping all aspects of liquidity risk – a challenge for supervisors and central bankers Mr Mauro Grande ECB 15:50 – 16:15 Coffee 16:15 – 18:00 Panel Discussion: “How to improve supervisors’ qualification to better prevent the next crisis” Panel Chair: Prof. Hans-Helmut Kotz (Bundesbank), Mr Thomas Schmitz-Lippert (BaFin), Mr Erich Loeper (Bundesbank), Prof. Paul Bernd Spahn (GBS), Mr Andreas Ittner (OeNB), Ms Elisabeth Roberts (FSI) *Speaker requested EUROPEAN SUPERVISOR EDUCATION INITIATIVE GENERAL INFORMATION Goethe University, Campus Westend VENUES AND DATES Reception, 1 July 2009 House of Finance (Foyer) Goethe University Grüneburgplatz 1 60323 Frankfurt am Main Conference, 2 July 2009 Casino building, Room 823 (Festsaal) Goethe University Grüneburgplatz 1 60323 Frankfurt am Main REGISTRATION Please complete and return the conference registration form to [email protected] or fax it to +49 69 5808 5150 no later than 20 June 2009. CONFERENCE FEE The conference fee is € 295,00. It includes the reception on 1 July 2009, refreshments and lunch. Payment is due when registering for the conference to the account below. Beneficiary: Bank name: Reference: IBAN: SWIFT/BIC: Bundesbank SZ Buchhaltung Deutsche Bundesbank Please specify “ESE conference” and your name DE13200000000020002999 MARK DE F1200 The Bundesbank is exempted from VAT taxation. Therefore, no VAT is charged. HOTELS Rooms have been reserved close to the conference venue at the hotels listed below. Hilton Frankfurt Hotel single room € 169,00 (no later than June, 16 2009) Phone: +49 69 13380 2230 Fax: +49 69 13380 6030 E-mail: [email protected] Frankfurt Marriott Hotel single room € 125,00 (no later than June, 10 2009) Phone: +49 69 7955 2222 Fax: +49 69 7955 2265 E-mail: [email protected] Booking under: http://www.marriott.de/hotels/travel/FRA DT?groupCode=D9ZD9ZA&app=resvlink&fromDate=01.07 .09&toDate=02.07.09 P3 P2 RUW HZ House of Finance Entrance from U-Bahn Station Holzhausenstraße U Holzhausenstraße Entrance for Taxi Drop-Off A block reservation has been made at these hotels. The rates include breakfast and taxes. Please contact the hotels directly to make a reservation, referring to the “ESE Initiative” block booking. After these dates, availability and rates are not guaranteed and will be dependent on acceptance by the hotel. Please note that participants are individually responsible for paying for their accommodation and any additional expenses. AIR/RAIL Airport information: +49 69 690 0; http://www.frankfurt-airport.de German railway Information: +49 11861; http://www.bahn.de Public transport in Frankfurt; http://www.rmv.de The journey by taxi from Frankfurt airport to the hotel takes about 30 minutes. CONTACT Magdalene Heid or Elke Hagedorn Bundesbank Education Center Phone: +49 69 5808 5105 or +49 69 5808 5109 Fax: +49 69 5808 5150 E-mail: [email protected] During the conference, assistance will be available at the hospitality desk close to the conference venue.