Regulating finance: What future for Europe after the US elections?
28-06-2017
Efforts to strengthen risk management of the banking and insurance sector were stepped up in the wake of the 2008 financial crash.
In the US, regulators adopted the Dodd-Franck Act while the EU followed up with its own Solvency Directive. Meanwhile, the Basel rules were applied across the finance industry on a global scale.
However, the new Trump Administration is reviewing the Dodd-Franck Act to ease regulation in the financial sector. This has raised questions on whether the EU should adapt its own rules in order to maintain a level playing field.
EURACTIV invites you to this workshop to discuss current challenges and the way forward in regulating financial services.
Questions will include:
- What trends are to be expected from the US? Should the EU relax its own rules?
- Are Basel III and Solvency II effective? Should they be revised?
- How to preserve the competitiveness of EU financial services while ensuring the protection of consumers?
- Can a level-playing field in the banking and insurance sector be created at the global level?
Supported by:
Location
Euractiv Network Office
Boulevard Charlemagne 1, 1041 Brussels
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Panellists
Brian Hayes MEP, ECON Committee, European Parliament
Markus Demary, Senior Economist, Cologne Institute for Economic Research
Wim Mijs, Chief Executive Officer, European Banking Federation
Schedule
12:00 – 12:30 Registration
12:30 – 13:00 Introduction and opening comments
13:00 – 14:00 Open debate