Past event

Invitation Only

Research Event

Towards Common Supervision in the Eurozone: Implications for the ‘Euro Outs’ and Potential for Cooperation

Chatham House, London

International Economics Department

Participants

Dr Andreas Dombret, Executive Board Member, Deutsche Bundesbank
Megan Butler, Executive Director, International Banks Supervision, Prudential Regulation Authority
Adam Farkas, Executive Director, European Banking Authority
Olivier Guersent, Deputy Director General, DG Internal Market and Services, European Commission
Jens Lundager, Assistant Governor, Danmarks Nationalbank
Jukka Vesala, Director General, Directorate General, MicroPrudential Supervision III, European Central Bank

Overview

This workshop will discuss common supervision in Europe, assessing the current state of play and future developments of the Single Supervisory Mechanism (SSM), and looking at the implications, both economic and political. It will examine in particular the implications for those EU members not initially participating in the banking union, and therefore not fully part of the decision-making process. The potential implications will include the impact on financial services sectors and on the wider economy, and the political ramifications. The workshop will also discuss whether and to what extent the SSM will lead to further and enhanced cooperation among National Competent Authorities (NCAs) across the European Union, including in the euro area 'ins' and the 'outs', and will also look at possible strategies for public and private sectors to respond to the changes in the regulatory and financial sector landscape.

Attendance at this event is by invitation only.

The event forms part of a research project on the impact of the banking union for non-EMU member states, with the support of the European Commission Representation in the United Kingdom.

The Chatham House Rule

To enable as open a debate as possible, this event will be held under the Chatham House Rule.