DOCSLIB.ORG

Sponsor Profiles

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Sponsor Profiles Sponsor profiles Deutsche Bank AG JPMorgan Theodor-Heuss_Allee 70 22 Contact: Colette Selfslagh 24 60486 Frankfurt am Main Head of Western Europe Financial Institution Sales Germany Tel: +44 (0)20 7777 5582 Tel: +49 69 910 000 Email: [email protected] Email: [email protected] Web: http://www.jpmorgan.com/ts Web: http://www.db.com/gtb J.P. Morgan is a leader in wholesale financial services, Deutsche Bank is a frontrunner in cash management and is offering intelligent solutions across an established global a leading global provider of transaction services to financial footprint. We keep client objectives foremost in our minds, institutions. As the dominant Euro clearer and a top five fostering long-term relationships. This combination of clearer in US dollars, we offer clients a distinct advantage product strength, intellectual capital and character sets us as a gateway to the world’s clearing systems. apart as an industry leader. By combining strong operational efficiency with a J.P. Morgan Treasury Services serves one of the largest recognised quality in service delivery, Deutsche Bank is client franchises in the world. Our clients include central the bank of choice for financial institutions seeking to banks, commercial banks, corporations and governments consolidate transaction volumes. Strategic investments into in more than 100 countries. global processing infrastructure provide product parity and J.P. Morgan is part of JPMorgan Chase & Co. (NYSE: consistent service levels regardless of currency, clearing JPM), a leading global financial services firm with assets system or location, and market-leading reference pattern of $2.2 trillion. The firm is a leader in financial transaction matching, reporting, timed payments and information processing, investment banking, financial services for delivery. Additionally, feature-rich web-based solutions offer consumers, small business and commercial banking, asset real-time access and inquiry services. management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of clients and consumers under its J.P. Morgan, Chase, and WaMu brands. Logica RZB Group Web: http://www.logica.com 20 Am Stadtpark 9, 21 1030 Vienna, Logica is a major force in IT and business services. It Austria employs around 40,000 people. In financial services, Contact: Sabine Zucker Logica provides services in payments, financial services Tel: + 43 1 71707 1608 transformation and risk and compliance. We have delivered Email: [email protected] innovations in payments for more than three decades. Web: http://www.rzb.at Governments, corporations and banks rely on our business and technology understanding to achieve their payments Raiffeisen Zentralbank Österreich AG (RZB) is the central strategies and realise evolving market opportunities. institution of the Austrian Raiffeisen Banking Group, the Logica has worked with the EPC to develop the Sepa Test country’s largest banking group. It is a leading corporate Framework and has developed specific solutions to help and investment bank in Austria and also considers Central governments, corporations and banks meet the challenges and Eastern Europe (CEE) as its home market. RZB is the of Sepa and the PSD. only Austrian bank with a global network of business units reaching all important finance centres around the globe. It is also present in Asia via its branches and representative offices. Via listed subsidiary Raiffeisen International Bank-Holding AG, RZB operates one of the largest banking networks in CEE, covering 17 markets across the region through subsidiary banks, leasing companies and a range of other financial service providers. The group’s more than 63,000 employees service 14.6 million customers via 3,100 business outlets. Lunch sponsor Lanyard sponsor Drinks sponsor Diamis IBM Germany Oesterreichische Nationalbank 6-8 Boulevard Haussmann 28 Wilhelm-Fay-Str Otto-Wagner-Platz 3 75009 Paris 30-34 Frankfurt 1090 Vienna France HE-65936 Austria Tel: +33 (0)173 030 800 Germany Tel: +43 1 404 20 0 Email: [email protected] Web:http://www.ibm.com/industries/ Web: http://www.oenb.at financialservices Web: http://www.diamis.com The Oesterreichische Nationalbank (OeNB) is Diamis is a leading supplier of payment and While financial services institutions must address the central bank of the Republic of Austria and, settlement solutions. Diamis offers software the current economic situation and react to as such, an integral part of both the European packages, consulting services, and service the far-reaching underlying changes to the System of Central Banks and the Eurosystem. bureaux (SwiftNet/ Ebics) that enable the banking banking ecosystem, they must also look beyond In line with its legal and statutory obligation to community to reap the benefits of the European today’s crisis and prepare for tomorrow through promote sound and efficient payment systems, market infrastructures integration projects (Sepa, innovation and new business models. There is the OeNB provides processing facilities for retail Target2, Target2 Securities, CCBM2) through an opportunity for banks to think and act in new payments in euro for credit institutions. The OeNB global liquidity management of cash assets and ways. contributes to the Sepa initiative by operating a neutral Access Point to Step2 and a Sepa- access to clearing and settlement systems, with A smart bank anticipates customer needs compliant clearing infrastructure for regional retail CRISTAL and BPEACH solutions : and delivers innovative products faster, more payments called Step.AT. Indirect participants of consistently and nimbly than the competition. • CRIST AL features comprehensive multi- the OeNB Step2 Access Point can (be) reach(ed It has full visibility in real time of its risk position currency liquidity management tool together by) the whole Sepa community via EBA Clearing’s and responds quickly. IBM and our Business with a gateway to Target2 and the EBA clearing Step2 central system. As of November 2009, the Partners are committed to delivering integrated systems. OeNB will be able to process Sepa direct debits and richer client experience across all banking and will offer indirect participation in the SDD Core • BPEACH aims at managing access and channels, achieving integrated risk management as well as in the B2B scheme. monitoring flows to/from various CSMs. by optimising financial & operational risk Coupled with CRISTAL, BPEACH enables and obtaining significant cost take out by multi-Peach monitoring features as a full Sepa- progressively transforming business processes compliant solution. and infrastructure. Let’s build a smarter planet. Sepa sponsor Organised by ACI Worldwide Euro Banking Association Finextra Research 55 Clarendon Road 36 4 rue de Galliéra 101 St.Martins Lane 14 Watford F-75116 Paris London WC2N 4AZ Herts France United Kingdom United Kingdom Tel: +33 1 53 67 07 00 Tel: +44 (0) 20 3100 3670 WD17 1FQ Email: [email protected] Web: http://www.finextra.com Tel: +44 (0)1923 816393 Web: http://www.abe-eba.eu Web: http://www.aciworldwide.com Finextra Research provides an independent online The Euro Banking Association (EBA) plays a resource – www.finextra.com – to serve the information ACI Worldwide’s software is used globally to major role in the financial industry as the largest needs of the worldwide financial technology manage an estimated $10 trillion in wholesale network of payment practitioners with a pan- community. It covers finance-specific innovations, payment transactions every day. ACI Money European mindset and vision. The EBA provides services, solutions, applications and technologies. Transfer System is an integrated Sepa-ready a country-neutral forum for discussing and Services include a global financial technology newswire; solution for domestic and international payments driving pan-European payment initiatives. It is a daily e-newsletter with the latest headlines and processing and messaging. ACI MTS-eps therefore well-positioned to actively support industry research, articles, white papers and case enhances this rich functionality by utilising an open banks in their continued migration to the Single studies; video and audio content; market data; jobs standards based SOA architecture. ACI Global Euro Payments Area (SEPA) and in other bank- board and weekly careers newsletter; and sector Banker is an industry-leading online banking driven initiatives requiring hands-on co-operation specific breaking newsflashes by e-mail. It also system, allowing banks of all sizes to serve at a pan-European level. different markets and customers from a single operates The Finextra Community, an interactive source, flexible platform. The EBA was founded in 1985 by 18 blogging and professional networking service for the commercial banks and the European Investment global financial technology industry. ACI’s best-of-breed electronic payment solutions Bank, with the support of the European Finextra also provides a database of 31,000 financial are optimised to operate on IBM hardware and Commission. Today, the EBA includes over 190 technology news stories, a comprehensive solutions infrastructure components. Together we provide member banks from the European Union and directory and a catalogue of company announcements the solutions and services that institutions need to across the world. transform their mission-critical payments business from all major technology providers to banks and in an ever-changing landscape. financial institutions.
Load more

Recommended publications
  • The Changing European Payments Landscape Sibos Special Interest Session
    EBA CLEARING Services: The Changing European Payments Landscape Sibos Special Interest Session Toronto, 20th September 2011 EURO1 Reform Program Update: Improvements to liquidity management and risk control Alan Taylor Director, EURO1/STEP1 Services EURO1/STEP1 volume evolution EURO1/STEP1 daily average volume 2009-2011 300,000 250,000 200,000 150,000 100,000 50,000 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2009 2010 2011 3 EURO1/STEP1 transaction value evolution EURO1/STEP1 daily average value 2009-2011 300 290 280 270 260 250 240 230 220 210 200 € bn Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2009 2010 2011 4 ONE YEAR ON The press still reads the same: * Bank “crisis” * Country “crisis” * Currency “crisis” EURO1 in the middle of three important industry discussions EURO1 finds itself in the middle of three important industry discussions Liquidity Risk discussions discussions SEPA migration & end-date 6 Sequencing of issues 5. Review of governance model 4. SEPA migration & end-date 3. Review of Participation rules 2. Algorithm and liquidity efficiency of scheme 1. Review of risk sharing scheme 7 Future Development Group Established with 12 members equally from OTC (Payments) and TLG (Liquidity) Barclays Intesa Sanpaolo BNP Paribas J.P. Morgan Citibank Royal Bank of Scotland Commerzbank Société Générale Deutsche Bank UBS ING UniCredit • Largest users of system • Systemically important banking groups • Meetings and conference calls • Also information exchange with CHIPS 8 LIQUIDITY MANAGEMENT EURO1 – Optimisation of liquidity
    [Show full text]
  • Report of the Board EBA CLEARING Shareholders Meeting 23Rd May 2013 Contents
    Report of the Board EBA CLEARING Shareholders Meeting 23rd May 2013 Contents 1. Introduction: Letter from the Chairman 3 2. The Company’s activities in 2012 7 2.1 EURO1/STEP1 Services 7 2.2 STEP2 Services 12 2.3 Operations of the clearing systems 20 2.4 Resilience, Business Continuity and Incident Management 23 2.5 Risk Management 24 2.6 MyBank initiative 28 2.7 Activities of Board Committees 34 2.8 Corporate matters 37 2.9 Financial situation 40 3. The Company’s activities in 2013 45 3.1 EURO1/STEP1 Services 45 3.2 STEP2 Services 48 3.3 Operations of the clearing systems 53 3.4 Internal Audit, Resilience, Business Continuity and Incident Management 54 3.5 MyBank initiative 55 3.6 Other relevant matters of interest 56 Appendix 1: List of participants in EURO1/STEP1 57 Appendix 2: List of direct participants in STEP2 64 Appendix 3: Annual accounts for 2012 73 layout: http://www.quadratpunkt.de Shareholders Meeting 23rd May 2013 // Report of the Board EBA CLEARING 2 1. Introduction: Letter from the Chairman Dear EBA CLEARING Shareholders and Friends, Over the past year, EBA CLEARING has added another chapter to its corporate success story. A large number of steps were taken to ready the services of the Company for the current and upcoming challenges facing the industry and to optimally support our users in dealing with these challenges. And in this year of the great rush towards the SEPA instruments, there is more in our delivery pipeline in terms of additional service functionality, processing enhancements and risk mitigation features.
    [Show full text]
  • Members of the Contact Group on Euro Payments Strategy (Cogeps)
    MEMBERS OF THE CONTACT GROUP ON EURO PAYMENTS STRATEGY (COGEPS) LARGE VALUE AND RETAIL PAYMENTS ISSUES Co-chairs European Central Bank RUSSO, Daniela Chair of the EPC HARTSINK, Gerard Banking industry Chair of FBE Payments Committee GAGGI, Pierfrancesco ACCB (Association of Cyprus Banks) NICOLAOU, Marios Banco Santander and EPC Chair SPS WG SANTAMARIA, Francisco Javier Bank of Valletta, Malta SANT, Peter Banque et Caisse d’Épargne de l’État / State and Savings Bank Luxembourg ERNST, Gilbert BNP Paribas KRAFT, Thomas Chair of ESBG Payment Committee DENÈLE, Fabrice Citi Bank and EPC Chair of Information Security SG WANDHÖFER, Ruth Bundesverband deutscher Banken (Association of German Banks) KARASU, Ibrahim Caixa Geral de Depositos and EPC Chair Cash WG MACHADO, Leonor CECA HUERTAS, Francisco Deutscher Sparkassen- und Giroverband (DSGV) WEISS, Axel DnB NOR and EPC Chair of Mobile Channel WG FLATRAAKER, Dag-Inge EPC Secretary General MUSTO, Marco EPC Vice Chair and Crédit Mutuel BRUN, Claude Erste Bank MATTES, Klaus Euro Banking Association LICHTER, Gilbert European Association of Co-operative Banks (EACB) GUIDER, Hervé European Banking Federation (FBE) RAVOET, Guido European Savings Banks Group (ESBG) DE NOOSE, Chris FBF DUTREUIL, Bernard Hellenic Banking Association TAVLARIDIS, Kostas INTESA SANPAOLO SpA FERRERO, Giorgio Irish Payment Services Organisation Ltd MCLOUGHLIN, Pat Page 1 KBC Bank GUNS, Bart Millenium BCP Bank FONTES, Alirio Payments Council Ltd SMEE, Paul Pohjola Bank Plc and EPC Chair of Standards SG AALTO, Petri Rabobank Nederland
    [Show full text]
  • UK Payment Systems
    UK payment systems An OFT market study of clearing systems and review of plastic card networks. May 2003 OFT658 Further copies Further copies of this paper can be downloaded from our website at www.oft.gov.uk/News/Publications/Leaflet+Ordering.htm please see Reports. OFT publications order line OFT information leaflets can be ordered free of charge on 0870 6060321. Information on the internet You can also order OFT publications online and find advice and information on consumer rights and on the work of the OFT at www.oft.gov.uk Crown copyright © Crown copyright 2003 This publication (excluding the OFT logo) may be reproduced free of charge in any format or medium provided that it is reproduced accurately and not used in a misleading context. The material must be acknowledged as Crown copyright and the title of the publication specified. CONTENTS Chapter Page Foreword 1 Executive summary 1 Part I: Introduction and overview 2 The aim of the report 14 3 Why different systems exist 17 4 The economic characteristics of payment systems 19 5 Methodology 21 Part II: Clearing systems 6 The clearing systems and recent trends 22 7 The clearing cycle 35 8 Recent developments 42 9 Pricing, access, innovation and the impact on retail competition 49 10 European developments 94 Part III: Plastic card networks 11 Credit and debit card systems 105 12 The LINK ATM network 122 Annexes A Glossary 127 B Terms of reference 132 C Methodology: questionnaires and meetings 135 D Questionnaire: Tariffs and costs – settlement members 138 E Questionnaire: Tariffs and costs – indirect members 143 F Questionnaire: Innovation 147 G Questionnaire: Merchant acquirers 150 H Membership to APACS, BACS, CCCL, CHAPS Sterling and CHAPS Euro.
    [Show full text]
  • Understanding the Business Relevance of Open Apis and Open Banking for Banks Information Paper
    API € Understanding the business relevance of Open APIs and Open Banking for banks Information Paper EBA Working Group on Electronic Alternative Payments Version 1.0 May 2016 CONTENTS 1. Executive summary 4 2. Introduction 5 2.1. Services on top of the infrastructure layer 5 2.2. Trend: interfacing between market participants through APIs 6 2.3. Reading guide 6 3. Relevant concepts in APIs 7 3.1 The level of API openness determines potential reach 7 3.2 Creating value with Open APIs 8 3.3 Examples of successful Open API strategies 9 3.4. Financial APIs need agreements beyond technical aspects 10 3.5. Examples of Open APIs in the financial industry 10 3.6. Governance of APIs 11 3.7. API standardisation initiatives in the payments industry 11 3.8. From ‘Open API’ to ‘Open Banking’ 15 4. Open Banking from a bank’s perspective 16 4.1. API: pivot between products and distribution 16 4.2. Four potential roles in the financial value chain 17 Role 1: Integrator 17 Role 2: Producer 18 Role 3: Distributor 19 Role 4: Platform 20 5. Challenges and Opportunities for banks when opening up 22 5.1. The concept of opening up 22 5.2. Challenges for banks when opening up 22 5.3. Opportunities for banks when opening up 23 6. Key observations on Open Banking 24 Appendix 1: Overview Open API businesses 25 Appendix 2: Overview Open API initiatives - payments 28 Appendix 3: Reference documents 31 Appendix 4: Glossary 32 Copyright © 2016 Euro Banking Association (EBA) The information paper is the result of an analysis carried out by the EBA Working Group on Electronic Alternative All rights reserved.
    [Show full text]
  • Eba Insight the Newsletter for the Eba Community
    SPECIAL ISSUE JULY 2021 EBA INSIGHT THE NEWSLETTER FOR THE EBA COMMUNITY IN THIS ISSUE EBA and EBA CLEARING Board elections EBA CLEARING BOARD ELECTIONS Read more on page 2 The EBA CLEARING Shareholders appointed Michele Olin of Allied Irish Banks as Chairperson of the Board of EBA CLEARING. EBA BOARD ELECTIONS Read more on page 3 The Member Representatives of the EBA appointed José Vicente of Banco Comercial Português as Deputy Chairman of the Board of the Euro Banking As- EBADAY 2021: A SUCCESSFUL ONLINE sociation. EVENT Read more on page 4 Continue reading on pages 2 and 3 EBA AND EBA CLEARING INTERVIEWS Read more on page 5 EBA PUBLICATIONS Read more on page 6 R2P IDEATION CONTEST: AND THE WINNER IS... Read more on page 7 EBA UPCOMING EVENTS Michele Olin José Vicente Read more on page 8 Chairperson Deputy Chairman EBA CLEARING Board EBA Board EBAday 2021 28 ─ 30 JUNE | PAYMENTS TRANSFORMATION IN 2021 ─ THE ROAD TO SUCCESS The Euro Banking Association and Finextra Research would like to thank our audience of over 2,000 leading industry experts and banking practitioners for their active participation and engagement during the 16th EBAday conference. The EBAday 2021 platform will remain open until 14 July so that participants can continue networking with their peers, download conference materials, re-watch live recordings as on-demand content, and re-visit the booths of our sponsors, exhibitors and fintechs. Thank you to all our sponsors, speakers, exhibitors and delegates for their continued support and for making our second virtual EBAday a great success.
    [Show full text]
  • Practitioners Creating Europe-Wide Payment Infrastructures March 2012 About the Cover Art Building Connections for the Future Takes Vision, Know- How and Passion
    REPORT ON ACTIVITIES 2011 Practitioners creating Europe-wide payment infrastructures March 2012 About the cover art Building connections for the future takes vision, know- how and passion. Sustainable infrastructures are de- signed to efficiently channel traffic flows, mitigate risks and flexibly adapt to changing usage patterns and re- quirements. EBA CLEARING is pleased to present to you selected design studies on public transport hubs for the city of the future, created by Atelier d’Architecture et de Design Jim Clemes s.a. Photography The photos in this report were taken in the Paris and Brussels offices of EBA CLEARING. We would like to thank everyone who participated in this photo project. 1205/650 REPORT ON ACTIVITIES 2011 EBA CLEARING 4 Overview 2011 5 EURO1 Service 6 STEP1 Service 10 STEP2 Platform 12 STEP2 SCT Service 14 STEP2 SDD Core and B2B Services 16 STEP2 XCT Service 18 STEP2 ICT Service 19 STEP2 IET Service 19 MyBank e-payment initiative 20 System performance, maintenance 22 and enhancements Resilience, information security and 23 business continuity management Customer support 24 Outlook 2012 25 Board Committees, User Advisory Groups 26 and Working Groups The Board 28 The Management 28 Country Representatives 30 EBA CLEARING REPORT ON ACTIVITIES 2011 3 EBA CLEARING Cost-saving infrastructure solutions for an integrated euro payments environment EBA CLEARING is a bank-owned provider of pan- The Company is also working on pan-European so- European payment infrastructure solutions. Estab- lutions in the e-payment area. MyBank, an online lished in 1998 by 52 banks, the Company had 65 banking based e-authorisation service, will start into shareholders by March 2012.
    [Show full text]
  • Bank Lobbying
    Bank Lobbying Differences in Lobbying Behaviour of Traditional and Ethical Banks Fabian Hartl (11195800) June 23, 2017 Master Thesis Political Science – Political Economy Research Project ‘Political Economy of Financial Crises’ Supervisor: Dhr. Dr. J.G.W. (Jasper) Blom Second Reader: Dhr. Dr. M.C. (Marcel) Hanegraaff Table of Contents Acronyms .................................................................................................................................. 2 1. Introduction .......................................................................................................................... 3 2. Literature Review & Theoretical Framework .................................................................. 7 2.1 Literature Review: Bank Lobbying ................................................................................. 7 2.2 Theoretical Framework: Bank Lobbying as a Function of Two Factors ......................... 9 Organizational Characteristics ............................................................................................... 9 Overall Approach to Banking .............................................................................................. 11 3. Conceptual Framework ..................................................................................................... 12 3.1 Definitions...................................................................................................................... 12 Lobbying .............................................................................................................................
    [Show full text]
  • European Fraud Experts Call for Consolidation of EBA and ECB Fraud Reporting Requirements
    PRESS RELEASE Paris, 9 April 2019 European fraud experts call for consolidation of EBA and ECB fraud reporting requirements In order to ensure a uniform, consolidated and stable approach to fraud reporting across all member states of the European Union, European fraud experts are calling on EU regulators to put on hold the implementation of the EBA Guidelines on Fraud Reporting under PSD2 until the entry into force of the revised ECB Regulation on Payments Statistics. In a note issued today, 18 account-servicing payment service providers (AS-PSPs) from 10 European countries are setting forth recommended steps to minimise fragmentation risks and ensure both maximal legal certainty and longer-term viability for the implementation programmes that payment service providers and their national competent authorities are currently putting in place for fraud reporting. AS-PSPs across the continent are presently implementing national transpositions of the Guidelines on Fraud Reporting under PSD2 issued by the European Banking Authority, which will be followed by an updated version of the European Central Bank Regulation on Payments Statistics (Regulation (EU) 1409/2013) scheduled to become applicable in 2021 and foreseen to incorporate and supersede the EBA Guidelines. “Fraud experts throughout Europe are very concerned about the lack of alignment they have come across in their practical analysis of the new fraud reporting requirements in terms of content, format and deadlines. The different national transpositions of the EBA Guidelines and the fact that these will be closely followed by an ECB Regulation superseding them are challenging for the implementation projects of multinational and smaller PSPs alike,” said Thomas Egner, Secretary General, Euro Banking Association.
    [Show full text]
  • Annual General Meeting 19Th June 2017 Content
    REPORT OF THE BOARD ANNUAL GENERAL MEETING 19TH JUNE 2017 CONTENT An introduction by the Chairman ........................................................... 4 An introduction by the Secretary General ......................................... 6 1. Report on EBA activities in 2016 and outlook for 2017+ ................ 10 1.1 REPORT ON WORK STREAMS IN 2016.....................................................................................10 1.2 MARKETING AND COMMUNICATIONS .....................................................................................19 1.3 CHANGES IN THE BOARD OF THE ASSOCIATION ...................................................................20 Board of the Euro Banking Association .................................................. 22 1.4 CHANGES IN EBA MEMBERSHIP .............................................................................................24 1.5 OUTLOOK FOR 2017+ ................................................................................................................25 2. Financial situation, P&L statement as at 31st December 2016 ........ 30 2.1 OVERALL EXPENSES INCURRED IN 2016 ....................................................................................30 2.2 REVENUES IN 2016 ........................................................................................................................31 2.3 INCOME TAX AND RESULTS FOR 2016 .........................................................................................32 2.4 EBA BUDGET FOR 2017 .................................................................................................................33
    [Show full text]
  • Overview of Speakers
    Speakers: CVs and photos Joint ECB-Banque de France conference “Retail payments at a crossroads: economics, strategies, and future policies” 21 and 22 October 2013, Paris Guerino Ardizzi is Senior Economist in the Market and Payment System Oversight Department at the Banca d’Italia. He follows the industrial organisation issues related to the retail payments industry. He is a member of both the Card Payment Scheme Assessment Group within the Eurosystem's oversight framework and the Italian Anti-Fraud Prevention System group at the Treasury. He has also worked at the European Commission Antitrust Unit for payment systems as a national expert. He has a PhD in economics at the University of Rome "La Sapienza", where he is currently a visiting lecturer, and he has authored several publications relating to the payment networks. Michel Barnier is the Commissioner responsible for Internal Market and Services at the European Commission. He is also the vice-president of the European People`s Party and a political advisor to France`s UMP party. Born in 1951 in La Tronche, France, he served in various high-ranking political positions in France and in the EU, including as Senator of Savoie, several ministerial posts in the French government (Minister for the Environment, European Affairs, Foreign Affairs, Agriculture) as well as EU Commissioner responsible for Regional Policy and as a member of the European Parliament. In addition he also served as the co-president of the Organisation Committee of the XVIth Olympic Games of Albertville and Savoie and as President of the French Association of the Council of European Municipalities and Regions.
    [Show full text]
  • Payment Systems in the Euro Area
    Payment systems in the euro area Euro area Table of contents List of abbreviations............................................................................................................................... 73 Introduction ............................................................................................................................................ 75 1. Institutional aspects ..................................................................................................................... 76 1.1 The general institutional background ................................................................................ 76 The Settlement Finality Directive (SFD)............................................................................ 77 The Cross-Border Credit Transfers Directive.................................................................... 77 The E-money Directive...................................................................................................... 78 The Investment Services Directive.................................................................................... 78 The Regulation on cross-border payments in euros ......................................................... 78 1.2 The role of the Eurosystem ............................................................................................... 79 1.2.1 Payment systems oversight.................................................................................... 79 1.2.2 Activities in the area of securities clearing and settlement systems......................
    [Show full text]