Financial Regulatory Reform

Building Resilience in Cross-border Banking

11 November 2013 - 12:00am

Chatham House, London




Press registration


Media partners

Venue and accommodation


Audience profile

Although the financial system is global, macroeconomic policy and financial regulation and supervision are largely decided and implemented at national levels.

This conference will ask whether it is possible to balance domestic needs with an integrated global regulatory system, focusing on: the evolving role of central banks, the European Union’s ongoing negotiations on regulatory architecture, mechanisms for bank recovery and resolution, and new structures for macroprudential regulation.

Senior policymakers, business leaders and expert commentators will address key issues, including:

  • How central banks with oversight of monetary policy, financial regulation and financial stability will balance these potentially conflicting responsibilities

  • Mechanisms and levers for macroprudential regulation at national and supra-national level

  • The road map for a European single supervisory mechanism (SSM) and banking union

  • The EU’s proposed Recovery and Resolution Directive and the prospects for a European resolution authority

  • Prospects for a globally-coordinated regulatory regime on recovery and resolution

  • Ignazio Angeloni

    • Director General, Financial Stability
  • Katharine Braddick

    • Director, Prudential Policy Division
  • Nadia Calviño

    • Deputy Director-General, DG Internal Market and Services
  • John Court

    • Managing Director and Senior Associate General Counsel
  • Adam Farkas

    • Executive Director
  • Stephanie Flanders

  • Sir John Gieve

    • former Deputy Governor, Bank of England and
  • Eva Hüpkes

    • Adviser on Regulatory Policy and Cooperation, Financial Stability Board and
  • Thomas Huertas

    • Partner, Financial Services Risk Management
  • Jens Larsen

    • MD Chief European Economist
  • Sabine Lautenschläger

    • Deputy President
  • Rachel Lomax

    • Senior Adviser, Chatham House and
  • Arthur Murton

    • Director, Office of Complex Financial Institutions
  • Matías Rodríguez Inciarte

    • Vice Chairman, Member of the Board and Chief Risk Officer
  • José María Roldán Alegre

    • former Director General, Banking Regulation and Financial Stability
  • Charles Roxburgh

    • Director General for Financial Services

This conference will be held under the Chatham House Rule. Information for journalists
Press can request a press pass using the form below.

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Chatham House

[email protected]

Telephone: +44 (0)20 7957 5729
Fax: +44 (0)20 7957 5710

If you wish to book the venue for your event please phone +44 (0)20 7314 2764

Conference Unit
Chatham House
10 St James's Square


Although we cannot book accommodation for delegates, we have arranged a reduced rate at some nearby hotels, where you can book your own accommodation. Please inform the hotel that you will be attending a conference at Chatham House (The Royal Institute of International Affairs) to qualify for the Institute's reduced rate.

Please note all rates are subject to availability.

Flemings Mayfair
Half Moon Street
London W1Y 7RA
Tel: + 44 (0)20 7499 2964
Fax: + 44 (0)20 7499 1817
Standard Single £180 + VAT

The Cavendish London
81 Jermyn Street
Tel: + 44 (0)20 7930 2111
Fax: + 44 (0)20 7839 2125
Standard Single £200 + VAT

To book The Cavendish online

Monday 11 November

Session One
New Regulatory Structures in the UK
09:30 - 11:00

  • How will the Bank of England balance its new, potentially conflicting responsibilities for monetary policy, financial regulation and financial stability?
  • What mechanisms and levers will be used for macroprudential regulation? To what extent will there be global coordination on macroprudential regulation?
  • How should regulatory responsibility be divided between supra-national and national authorities?

Rachel Lomax, Former Deputy Governor, Bank of England

High Level Moderated Discussion
Charles Roxburgh, Director General for Financial Services, HM Treasury

Katharine Braddick, Director, Prudential Policy Division, Bank of England

Sir John Gieve, Former Deputy Governor of the Bank of England and Visiting Professor, University College, London

Jens Larsen MD, Chief European Economist, Royal Bank of Canada Capital Markets

Questions and discussion

11:00-11:30 Refreshments   

Session Two
The Road to Banking Union

The EU proposes to address concerns that financial institutions may be ‘too big to fail’, as well as the negative feedback loop between banks and sovereign debt, through a closer integration of regulation within the EU, but many questions remain.

  • The European Central Bank will incorporate a single supervisory mechanism (SSM) for systemically important financial institutions (SIFIs) by late 2014. Is it possible for the SSM to be fully effective without a single resolution mechanism (SRM)?
  • How are’ backstops’ for banks likely to be funded?

  • What are prospects for a common deposit guarantee scheme?
  • Do the new supervisory arrangements create a two-tier system, between countries in the euro and those outside?

Stephanie Flanders

Ignazio Angeloni, Director General, Financial Stability, European Central Bank

Sabine Lautenschläger, Deputy President, Deutsche Bundesbank

José María Roldán Alegre, former Director General, Banking Regulation and Financial Stability, Banco de Espaňa

Matías Rodríguez Inciarte, Vice Chairman, Member of the Board and Chief Risk Officer, Banco Santander

Questions and discussion

13:15-14:30 Lunch

Session Three 
Recovery and Resolution

  • Will the EU’s approach to resolution move from the proposed Recovery and Resolution Directive, which creates a framework for cooperation, towards the creation of a resolution authority? Does a single resolution authority need greater fiscal and political union and, if so, what are the prospects for this?

  • In the EU, will resolution be a eurozone, EU or global process?

  • How will the US treat recovery and resolution of SIFIs?

  • What are the prospects for a globally-coordinated resolution regime? How can home and host regulators build trust and work together on resolution?

  • Would ring fencing (or other structural reform of banks) make recovery and resolution more effective and, if so, how?

  • What will be the rules for bail-in? How should assets be prioritized for bail-ins

Thomas Huertas, Partner, Financial Services Risk Management, Ernst & Young

High Level Moderated Discussion
Arthur Murton, Director, Office of Complex Financial Institutions, Federal Deposit Insurance Corporation

Eva Hüpkes, Adviser on Regulatory Policy and Cooperation, Financial Stability Board and Co-Chair, Basel Committee Working Group on Cross-Border Bank Resolution

Nadia Calviňo, Deputy Director-General, DG Internal Market and Services, European Commission

Adam Farkas, Executive Director, European Banking Authority

John Court, Managing Director and Senior Associate General Counsel, The Clearing House

15:30-16:00 Refreshments

Questions and discussion

16:45 End of conference and drinks reception hosted by Chatham House

© The Royal Institute of International Affairs 2013

This conference will offer a unique opportunity to network with senior officials from businesses, government, NGO's and academic institutions.

Our previous financial regulation conferences saw delegates from companies and institutions such as:

Advent International plc
Allianz Global Investors
Banca d' Italia
Bank of England
Bank of Japan
Bank of Tokyo-Mitsubishi UFJ Ltd
Barclays Capital
Barclays plc
Baringa Partners
BG Group
BNP Paribas
BNY Mellon
British Bankers' Association
City of London Corporation
Clifford Chance LLP
Comissao do Mercado de Capitais
Constantine Cannon
Credit Suisse Securities
De Nederlandsche Bank (DNB)
Deutsche Bank
Ernst & Young
European Investment Bank (EIB)
ExxonMobil International Ltd
Financial Reporting Council (FRC)
Financial Services Authority (FSA)
Foreign & Commonwealth Office
Freshfields Bruckhaus Deringer
Fried Frank Harris Shriver & Jacobson (London) LLP
Herbert Smith Freehills LLP
Herbert Smith LLP
HM Treasury
HSBC Holdings plc
Institute for Financial Research
Investec Asset Management
Japan Bank for International Cooperation
JP Morgan
Latham & Watkins
Linklaters LLP
Lloyd's of London
Loan Market Association
Mayer Brown
Mizuho Corporate Bank
Morgan Stanley
Nationwide Building Society
Nomura International plc
Oliver Wyman
Prudential plc
Rolls-Royce International Limited
Royal Bank of Scotland (RBS)
Santander Group
Simmons & Simmons
Slaughter and May
Standard and Poor's
Standard Chartered Bank
Statoil (UK) Ltd
Sumitomo Mitsui Banking Corporation Europe Limited
Swiss Financial Market Supervisory Authority (FINMA)
The Clearing House
The Department for Business, Innovation and Skills (BIS)
The Depository Trust & Clearing Corporation (DTCC)
Troika Bank
White & Case LLP