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12Th European SSM Round Table 12 th European SSM Round Table »Covid-19 and its Impact on the Financial Sector« Wednesday, 30 September 2020 In Cooperation with: Invitation We are pleased to invite you, also on behalf of Prof. Dr. Joachim Wuermeling , Member of the Executive Board, Deutsche Bundesbank, to the »12 th European SSM Round Table« on Wednesday, 30 September 2020. Top level experts from European entities and banks will discuss current issues of Covid-19 and its impact on the financial sector and present and exchange their views within the framework of this high profile Round Table »European SSM«. We look forward to welcoming you. Gerold Grasshoff Dr. Nader Maleki Chief Executive Officer, President, Frankfurt Institute for Risk Management International Bankers Forum and Regulation Programme 2.00 p.m. Welcome & Opening Prof. Dr. Joachim Wuermeling I Member of the Executive Board, Deutsche Bundesbank, Frankfurt am Main Dr. Nader Maleki I President, International Bankers Forum, Frankfurt am Main 2.10 p.m. Panel I »Implications of Covid-19 on the Structure of the EU Banking Market – the Midterm Perspective« Keynote Felix Hufeld I President, Federal Financial Supervisory Authority (BaFin), Bonn Discussion Lorenzo Bini Smaghi I Chairman of the Board of Directors, Société Générale, Paris Felix Hufeld I President, Federal Financial Supervisory Authority (BaFin), Bonn Dr. Bettina Orlopp I Chief Financial Officer, Commerzbank AG, Frankfurt am Main Moderation Dr. Maciej Piechocki I Member of the BearingPoint RegTech Management Board, BearingPoint RegTech, Frankfurt am Main 2.50 p.m. Panel II »Covid-19: A Digitalisation Boost and the Supervisory Response« Presentation Frank Elderson I Executive Director of Supervision, De Nederlandsche Bank, Amsterdam Discussion Frank Elderson I Executive Director of Supervision, De Nederlandsche Bank, Amsterdam Markus Gunter I CEO, N26 Bank, Berlin Dr. Olli Rehn I Governor, Bank of Finland, Helsinki Moderation Dr. Maciej Piechocki I Member of the BearingPoint RegTech Management Board, BearingPoint RegTech, Frankfurt am Main 3.30 p.m. Break European SSM Round Table 3.50 p.m. W Welcome back P I Prof. Dr. Joachim Wuermeling I Member of the Executive Board, Deutsche Bundesbank, Frankfurt am Main Dr. Carsten Lehr I Managing Director, Frankfurt Institute D I for Risk Management and Regulation, Frankfurt am Main 2 P 4.00 p.m. Keynote Interview » »Keynote Interview with Reference to the German EU Council Presidency« K Olaf Scholz I Federal Minister of Finance, Berlin F I Prof. Dr. Joachim Wuermeling I Member of the Executive Board, Deutsche Bundesbank, Frankfurt am Main D Moderation L I Gerold Grasshoff I Chief Executive Officer, Frankfurt Institute for Risk Management and Regulation, F I Frankfurt am Main D I Panel III 4.30 p.m. M »Ongoing Resilience of the European Banking Sector – D I a Short term Perspective« Ana Botín I Chair, Banco Santander, Madrid Andrea Enria I Chair of the Supervisory Board, P European Central Bank, Frankfurt am Main Gerhard Hofmann I Board Member, European Association » of Co-operative Banks, Brussels P Moderation F I Gerold Grasshoff I Chief Executive Officer, Frankfurt Institute for Risk Management and Regulation, D Frankfurt am Main F I 5.00 p.m. Concluding remarks M I Prof. Dr. Joachim Wuermeling I Member of the Executive Board, D I Deutsche Bundesbank, Frankfurt am Main M Lothar Jerzembek I Head of Regulatory Affairs, D I International Bankers Forum, Frankfurt am Main End of »12 th European SSM Round Table« B European SSM Round Table European System of Financial Supervision (ESFS) Single Supervisory Mechanism (SSM) In the ESFS context, the Single Supervisory Mechanism (SSM) is the first pillar of the EU Banking Union. SSM ensures the soundness of the banking sector and aims at consistent banking supervision in the participating countries. It comprises the European Central Bank (ECB) and the national competent authorities (NCA’s) in the Euro area. ECB grants the role of prudential supervision to monitor the financial stability of eligible banks, mitigating systemic and individual risk. Direct supervision nowadays entails 114 ›significant« banks which account for almost 82% of the total assets of all supervised entities. It goes hand in hand with the SSM responsibility for the other some 6,000 less significant banks in the area; they, however, are supervised in day-to-day business by the NCAs – in close cooperation with the ECB. SSM’s supreme body is the Supervisory Board which reports to the ECB Governing Council and is currently chaired by Andrea Enria. Four business units also known as Directorates General (DG) and the DG Secretariat complete the organization. Several other ECB units and services support the ECB banking supervision. After it became operational on 4 November 2014, the SSM has been developing a state-of-the-art supervisory architecture and a unique professional network of experts. The SSM ensures that pertinent rules and measures are interpreted and applied consistently across all participating countries. This facilitates close cooperation with the other pillars of the EU Banking Union – regulation by the European Banking Authority EBA as well as guidance and help for troubled banks by the Single Resolution Board SRB. Reflecting on the location of the ECB headquarters in Frankfurt am Main and the number of significant banks involved, a high profile SSM Round Table has been established to exchange views and feedback between decision takers from the banks involved with representatives of the ECB, SSM, EBA, SRB and other European entities. The European SSM Round Table – as a neutral platform – was initiated by the IBF International Bankers Forum e.V. in November 2014. The International Bankers Forum e.V. is the largest privately developed bankers’ association in Germany, with some 1,000 finance professionals, banks, financial institutions, fintechs and corporates as personal and institutional members. The memberships of the European Central Bank and Deutsche Bundesbank underline IBF’s acknowledged neutral position in the financial community. Since November 2016, the SSM Round Table is organized in cooperation with FIRM The Frankfurt Institute for Risk Management and Regulation, and has developed into an established continuous event. The 12 th European SSM Round Table takes place in September 2020 in Berlin in cooperation with Deutsche Bundesbank, and coinciding with the German EU Council Presidency. Proceedings will focus on »Covid-19 and its Impact on the Financial Sector«. Upcoming after that, the 13th European SSM Round Table is scheduled for 21 st of May 2021 with the Bank of Finland in Helsinki. Status as per September 2020 General Information Digital Conference Date Wednesday, 30 September 2020 Language English Participation By registration only For participation, please register under: https://ibf-ssm-rt.eventbrite.de Organization »European SSM Round Table« Julia Knopp Phone: +49 (0)69 79 53 482-204 E-mail: [email protected] Administrative office International Bankers Forum e.V. Wiesenau 1 60323 Frankfurt am Main Christine Hahn Phone: +49 (0)69 79 53 482 -101 E-mail: [email protected] Board of Directors, International Bankers Forum e.V. Dr. Nader Maleki, Dr. Hermann Reuter, Reinhard R. Oldenburg, Marc Renell, Frank Scheidig, Jochen Thiel, Dr. Joachim von Schorlemer.
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