Press Release: EBI welcomes Fellow Academic Members

The European Banking Institute (EBI) is happy to welcome three new Fellow Academic Members. Further to its Academic Members who represent the Universities that are members of the EBI, the Fellow Academic Members are part of the academic membership and have a seat in the Academic Board. They contribute to the activities of the EBI through their personal areas of research and activities and reinforce the EBI academic community in its endeavours towards cross-EU research and contribution to the policy debate.

 

Professor Jens-Hinrich Binder has been Professor of Private Law, Commercial and Economic Law at Eberhard Karls University of Tübingen (Germany) since 2013. Having graduated from Albert Ludwigs University of Freiburg in 2000, he read for an LL.M. in Banking and Finance Law at the London School of Economics and Political Science (2000-01), before completing his PhD in law (Dr. iur.) at Freiburg in 2003. From 2011-2013, he held a Chair in Private Law, Company and Banking Law at EBS Law School in Wiesbaden. His research interests are in the areas of banking and financial law, as well as company law and securities law. He has published two monographs on bank resolution and regulatory strategies in company law, respectively, edited several volumes in both German and English on matters of banking and commercial law, and published a large number of articles and contributions on these and related subjects. He serves on the editorial board of ZBB/JBB – Zeitschrift für Bankrechtund Journal Bankbetrieb, Journal of Banking Law and Banking, a German banking law review, and has been appointed to a group of legal experts advising the German Federal Ministry of Finance on matters of financial law. He has lectured at universities in the United Kingdom, the United States, the Netherlands, Greece, Italy, and the People’s Republic of China, as well as government and supra-national agencies.

 

Professor Christos Gortsos is Professor of Public Economic Law at the Law School of the National and Kapodistrian University of Athens and Visiting Professor of International and EU Financial Law at the European Institute of the University of Saarland. The main fields of his research interests and teaching include international and EU monetary and financial law, central banking law, financial regulation and institutional economics, fields in which he has also published extensively. Inter alia, he is also Research Partner in the University Research Priority Program (URPP): Financial Market Regulation of the University of Zürich, has teaching assignments at the European Institute of that University and is a member of the Committee on International Monetary Law of the ILA (MoComILA). For the period September – October 2018 he was elected as Academic Visitor at St Antony’s College (Oxford University).

 

Professor Georg Ringe is Director of the Institute of Law & Economics at the University of Hamburg. He is also a Visiting Professor of the University of Oxford, Faculty of Law. In Oxford, he is a Visiting Research Fellow at the Institute of European and Comparative Law and an associate member of the Oxford-Man Institute of Quantitative Finance. Professor Ringe is also a Research Member of the European Corporate Governance Institute. His research focuses on European and global issues of corporate and financial law. He is editor of the Journal of Financial Regulation, which is been published by Oxford University Press since 2015.

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Judicial review in the Banking Union and in the EU financial architecture

13 July 2018 – Publication of the Bank of Italy paper (Quaderni di Ricerca Giuridica) titled “Judicial review in the Banking Union and in the EU financial architecture”  containing the contributions of the speakers at the conference jointly organized on 21 November 2017 by Banca d’Italia and the European Banking Institute

The paper contains the contributions of the speakers at the conference jointly organized on 21 November 2017 by Banca d’Italia and the European Banking Institute on “Judicial review in the Banking Union and in the EU financial architecture”. The essays investigate the scope, conditions and form under which judicial and administrative review of supervisory and resolutions actions are granted, both at European and domestic level. Judicial review must factor in an expanding environment of technical rules and a multi-level allocation of scrutiny among courts reflecting the existing functional integration between national and EU authorities; as is clearly demonstrated by the so called “common procedures” within the Single Supervisory Mechanism, pending the relevant EU case-law under development. Administrative review according to due process safeguards complements judicial scrutiny: by assigning tasks to independent boards of appeal and review within supervisory and resolution authorities, it enhances regulators’ accountability. The landscape however is quite diverse as to scope, standards and legal effects of examination also in the perspective of subsequent judicial challenge, if any. The necessary clarifications required by coexisting regimes for judicial and administrative review will be provided by the test of time and practice.

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Press Release – German Savings Banks Association, DSGV, joins European Banking Institute

Press Release

German Savings Banks Association, DSGV, joins European Banking Institute

Berlin/Brussels, 17 July 2018

The German Savings Banks Association (DSGV) has joined Frankfurt-based European Banking Institute (EBI) as a supporting member.

“EBI is one of the most important hubs for international academic research on European banking regulation and supervision” said Dr Karl-Peter Schackmann-Fallis, Executive Member of the Board of the German Savings Banks Association (DSGV).

Schackmann-Fallis continued: “We are pleased to join this network of 28 academic members, representatives of core EU institutions such as the European Banking Authority, the European Central Bank and the Single Resolution Board as well as European banking associations. The EBI’s Academic Working Programme includes topics such as research on proportionality of banking supervision laws, an area which is of high relevance not only to the academic community and politicians, but particularly to DSGV’s regional, retail-oriented Savings Banks.”

DSGV has been a long-time proponent of a more proportionate approach to banking regulation, advocating for significant reductions in fixed compliance costs for small and mid-sized, non-complex credit institutions.

Dr Thomas Gstaedtner, President of the Supervisory Board of the EBI, said: “In my role as President of the Supervisory Board of the EBI, I warmly welcome DSGV as a new Supporting Member of our Institute. The participation of the German savings banks is of great importance for the EBI. They play a crucial role towards households and SMEs, and this highlights the importance of local banks for the European economy. The high-speed development of European banking regulation and supervision, and its potential impact on the banking business models, indeed requires a tightened dialogue between academia, the industry and decision-makers/supervisors, fueled by academic studies which lay the ground for more informed decisions. The EBI is also aiming at building bridges between new generations of researchers from the 28 European universities which make up the EBI. The EBI is working on an exchange programme for this purpose allowing young European researchers to acquire practical banking and supervisory knowledge.”

Enrico Leone, Chancellor of the European Banking Institute, said “I am delighted to welcome the German Savings Banks Association. I am sure DSGV will be able to contribute and enrich the discussion within our Advisory Board by proposing a regionally focussed point of view and a pronounced sensibility on socially responsible and sustainable themes. All our members are looking forward to working with DSGV.”

About the German Savings Banks Association (DSGV)

The German Savings Banks Association (Deutscher Sparkassen- und Giroverband – DSGV) is the umbrella organisation of the German Savings Banks Finance Group (Sparkassen-Finanzgruppe). The organisation includes 385 savings banks, seven Landesbank Groups, DekaBank, nine Landesbausparkassen, eleven direct insurer groups of the savings banks, and many other financial service providers. For more information please visit the DSGV website: www.dsgv.de or contact [email protected]

About the European Banking Institute (EBI)

Based in Frankfurt am Main, the European Banking Institute is an international center for banking studies designed to promote an in-depth dialogue between scholars, regulators, supervisors, industry representatives and advisors on issues concerning the regulation and supervision of banking and financial institutions and financial markets. The European Banking Institute is a joint venture of 28 European preeminent academic institutions which have decided to share and coordinate their commitments and structure their research activities in the field of banking regulation, banking supervision and banking resolution in Europe. For more information please visit the EBI website: www.ebi-europa.eu

Contacts:

European Banking Institute 

Thomas Gstaedtner, President of the Supervisory Board
[email protected]

Enrico Leone, Chancellor
[email protected]

German Savings Banks Association

Michaela Roth
[email protected]

Press Release – European trade body, AFME, joins European Banking Institute

Press Release

Europe’s capital markets join forces with academics on banking regulation & supervision

European trade body, AFME joins European Banking Institute
18 June 2018

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FRANKFURT AM MAIN – The Association for Financial Markets in Europe (AFME) has become the newest supporting member of the European Banking Institute (EBI), joining the 28 academic members from all over Europe, as well as representatives of EU institutions such as the ECB, SRB and EBA and other European banking associations, in order to help develop international academic research on European banking regulation and supervision.

Jacqueline Mills, Managing Director, Head of the AFME Frankfurt Office, said: “AFME is delighted to join the EBI, which is a valuable forum for academics, regulatory and supervisory authorities and market participants to debate current issues affecting the industry. AFME is highly supportive of European research in the area of prudential regulation and supervision, particularly in view of the complex regulatory andsupervisory environment most market participants are currently facing.”

Mills continued: “We hope that AFME’s focus on the particular challenges for global banks can bring a newperspective to the work of the EBI’s academic members. AFME’s participation will also help highlight the linkbetween banking regulation and the development of capital markets, a topic we hope will be increasingly addressed by the European academic community.”

Dr Thomas Gstaedtner, President of the Supervisory Board of the EBI, said: “AFME’s participation in theEuropean Banking Institute (EBI) is a clear signal of the need for further academic research in the area ofwholesale financial markets.”

Gstaedtner also said: “In my role as President of the Supervisory Board of the EBI, I warmly welcome AFME’s decision to support EBI’s activities on a broad range of regulatory and capital markets issues. The EBI is a platform where key market players such as AFME can interact with academics, regulators and supervisors to discuss high quality academic work. The regulatory environment is in constant evolution, in particular in light of Brexit, therefore, the European banking and financial industry requires more dialogue.”

Enrico Leone, Chancellor of the European Banking Institute, said “the EBI is extremely pleased to welcome AFME as a Supporting Member. AFME’s participation will further enrich our academic research, in particularon capital markets. Our academic and supporting members are looking forward to working with them.” Leone also said: “The enthusiastic support our academic joint venture is receiving from supervisors and theindustry shows there is a clear need for research in the field of banking regulation and supervision to mirrorthe supranational/European dimension at which it is developed.”

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AFME Contact

Rebecca Hansford
Head of Media [email protected]

+44 (0)20 3828 2693 +44 (0)7825 081 686

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European Banking Institute Contacts

Thomas Gstaedtner, President of the Supervisory Board
[email protected]

Enrico Leone, Chancellor
[email protected]

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About AFME

AFME (Association for Financial Markets in Europe) advocates for deep and integrated European capital markets which serve the needs of companies and investors, supporting economic growth and benefitingsociety. AFME is the voice of all Europe’s wholesale financial markets, providing expertise across a broadrange of regulatory and capital markets issues. AFME aims to act as a bridge between market participants and policy makers across Europe, drawing on its strong and long-standing relationships, its technical knowledge and fact-based work. Its members comprise pan-EU and global banks as well as key regional banks, brokers, law firms, investors and other financial market participants. AFME participates in a global alliance with the Securities Industry and Financial Markets Association (SIFMA) in the US, and the Asia Securities Industry and Financial Markets Association (ASIFMA) through the GFMA (Global Financial Markets Association). For more information please visit the AFME website: www.afme.eu.

Follow us on Twitter @AFME_EU

About the European Banking Institute (EBI)

Based in Frankfurt am Main, the European Banking Institute is an international center for banking studies designed to promote an in-depth dialogue between scholars, regulators, supervisors, industry representatives and advisors on issues concerning the regulation and supervision of banking and financial institutions and financial markets. The European Banking Institute is a joint venture of 28 European preeminent academic institutions which have decided to share and coordinate their commitments and structure their research activities in the field of banking regulation, banking supervision and banking resolution in Europe. For more information please visit the EBI website: www.ebi-europa.eu

Press Release – EBI launches Board of Trustees

FRANKFURT AM MAIN, 17 April 2018.  The EBI is pleased to announce the formation of its Board of Trustees.

Within the Board of Trustees, the EBI endeavours to invite top past and present executives from public and private sector institutions to support the EBI in pursuing its task as a new organisation in the European academic field.

The greater need for a harmonisation of rules and regulations in European banking ultimately goes back to the introduction of the Euro in Europe in 1999. With the Treaty of Maastricht, Europe decided to introduce the common currency in Europe as the ultimate target. This immense step in European integration required, in particular, the Eurozone countries to work much closer together in many different policy fields, not the least in banking regulation and banking supervision. It also required a greater need for harmonisation of these policy fields amongst the Eurozone members. After the last financial crisis in Europe it became apparent to policy makers that a monetary union also requires a banking union in Europe.

Therefore, it is fair to say that the Treaty of Maastricht and its signatories also laid the foundation for a strongly integrated legal framework for regulating and supervising banks. An indepth European research in the area of banking regulation and banking supervision are the core areas of the academic work of the EBI. Every strong banking market requires, in addition to market participants, regulators and supervisors, also a strong academic involvement in the ongoing debate about the future development of banking regulation. The EBI can be one key academic participant in this debate with its European approach in research.

The President of the Supervisory Board, Dr. Thomas Gstädtner, is therefore very honoured that the following signatories of the Treaty of Maastricht have accepted to join the EBI Board of Trustees: Former Financial Secretary to the Treasury of the United Kingdom, Sir Francis Maude, Former Finance Minister of Portugal, Mr Jorge Braga de Macedo, Former Foreign Minister of Belgium, Mr Mark Eyskens, Former Finance Minister of Spain, Mr. Carlos Solchaga Catalan.

Their active involvement in the negotiations and subsequent signing of the Treaty of Maastricht ultimately led to the introduction of the Euro. All four signatories combine a vast resource of knowledge and experience/judgment in economics, finance and financial policy making and will be a great contribution to the work of the EBI which they will support with their advice.

Besides the aforementioned persons also Dr. Thomas Gstädtner, President of the Supervisory Board of the EBI will be a member of EBI’s Board of Trustees.

Additional information on the European Banking Institute, its members and governing bodies are available on:  www.ebi-europa.eu

 

International Summer School in Banking & Capital Markets Law

 

 

 

 

 

 

 

 

 

The International Summer School on Banking & Capital Markets Law is organised by Università Cattolica del Sacro Cuore of Milan, University of Bologna, Goethe University Frankfurt, University of Genoa, KU Leuven University, Université Nice Sophia Antipolis, Radboud University Nijmegen, University of Zurich in partnership with European Banking Institute (EBI).Its main aim will be to debate contemporary issues on European Banking and Financial law in the light of the most recent reforms.

The International Summer School on Banking & Capital Markets Law consists of a five-day programme.

23rd July. The first day will take place at Università Cattolica in Milan with some high-level speakers from the financial sector, including representatives from Consob, the Bank of Italy, ESMA, EBA, the ECB and the European Commission.

24th – 27th July. In the wonderful setting of Villa Vigoni on Como Lake, PhD participant students will present their research following a debate led by a senior academic discussant. Moreover, senior academics, policy-makers and practitioners in the field will conduct interactive workshops and seminars.

Application Deadline:  22nd May 2018

Open to: PhD researchers, post-docs and junior faculty members

Venue: Università Cattolica in Milan & Villa Vigoni on Como Lake

Date: 23rd to 27th July 2018

» Registration Form for admitted students 

CALL FOR PARTICIPANTS

PRESS RELEASE – Cleary Gottlieb Joins the European Banking Institute

FRANKFURT AM MAIN, March 26, 2018.  Cleary Gottlieb has been invited to join the European Banking Institute as a Supporting Member.  As part of Cleary Gottlieb’s membership, Frankfurt partner Gabriele Apfelbacher will represent Cleary Gottlieb on the Advisory Board of the European Banking Institute.

About the European Banking Institute www.ebi-europa.eu

Based in Frankfurt am Main, the European Banking Institute is an international center for banking studies designed to promote an in-depth dialogue between scholars, regulators, supervisors, industry representatives and advisors on issues concerning the regulation and supervision of banking and financial institutions and financial markets. The European Banking Institute is a joint venture of 28 European preeminent academic institutions which have decided to share and coordinate their commitments and structure their research activities in the field of banking regulation, banking supervision and banking resolution in Europe.

About Cleary Gottlieb’s Banking and Financial Regulatory Practice

Advising banks, financial services firms, exchanges and other infrastructure providers on regulatory, transactional and enforcement matters has always been a focus of Cleary Gottlieb’s global practice.  Cleary Gottlieb has dedicated teams in the U.S. and the main financial centers in Europe, including in London, Frankfurt and Paris, serving many of the largest and most systemically significant EU, U.S. and international financial institutions, both in the public and private sectors, as well as a number of EU and U.S. governments and regulatory agencies.  The firm offers clients the benefit of a fully integrated global practice encompassing a vast range of financial regulatory matters, including analysis and implementation of EU and U.S. regulatory reforms, M&A and capital markets transactions in the financial sector, as well as regulatory litigation, enforcement and compliance matters.

About Cleary Gottlieb Steen & Hamilton LLP

Cleary Gottlieb Steen & Hamilton LLP has been a leader in the legal profession for more than 70 years.  Our 1,200 lawyers, who operate in 16 offices in major global financial centers, work together across practices, industries, and jurisdictions to provide clients with clear, actionable approaches to their most complex legal and business challenges.

Contacts:

European Banking Institute

Thomas Gstaedtner, President of the Supervisory Board
[email protected]
Enrico Leone, Chancellor
+44-20-76282020
[email protected]

 

Cleary Gottlieb Steen & Hamilton LLP

Dr. Gabriele Apfelbacher, Frankfurt office
T. +49-69-971030
[email protected]

Amélie Champsaur, Paris office
T. +33-1-40746800
[email protected]

Bob Penn, London office
T. +44-20-76142200
[email protected]

Jutta Grönefeld/Pascale Koall
Business Development Coordinators
T. +49-69-971030
[email protected]/[email protected]

PRESS RELEASE – Call for Papers

EBI Global Annual Conference on Banking Regulation

Call for Papers

 

An event jointly organised with Goethe University

in Frankfurt am Main, Germany

 

23 & 24 February 2018

 

Goethe University, Campus Westend

Frankfurt am Main, Germany

Download: EBI Global Annual Conference – Call for Papers

 

 

1. Conference

The EBI organizes the 3rd EBI Global Annual Conference on Banking Regulation together with Goethe University in Frankfurt am Main. The objective is to present state-of-the-art research on banking regulation from law, economics, and accounting and discuss it with senior policy makers, supervisors, industry representatives and other banking practitioners.

2. Topics

We solicit papers in the following areas addressing one or more of the questions posed, but other related areas and questions may also be considered:

2.1 Completing the Banking Union
  • How much harmonization is needed, how much flexibility to account for national idiosyncrasies is desirable?
  • How can a Single Rule Book adequately reflect banks’ diverging business models, sizes etc.? How could a small-banking-box work?
  • Would the introduction of a two-tiered banking law system (Basel standards for significant banks, domestic banking laws for non-significant banks) in line with models applied internationally appropriately address the concern about proportional application of banking law?
  • Does a true Banking Union require harmonization beyond prudential banking regulation and resolution?
  • In which manner would the Capital Markets Union enhance or support the further completion of the Banking Union?
2.2.  Making resolution work
  • Is structural reform needed as a precondition for effective resolution?
  • Will the resolution framework work in cross-border scenarios?
  • Does the resolution framework provide for adequate PSI?
  • Will the implementation of the TLAC standard lead to an improvement? Are resolution financing and fiscal backstops adequate?
2.3.    The consequences of Brexit
  • Will micro- and macro-prudential decisions be mutually recognized for cross-border banking groups (eg IRBA model validations, setting of macroprudential buffers)?
  • How will Brexit affect the day-to-day banking business (choice of English law/courts, participation in interbank payment systems)?
  • How will disentanglement processes work?
  • Will relocated banks be able to continue to offer same products after a relocation?
  • How to address the topic of trading, clearing and settlement of euro-denominated derivatives?
  • Is there a threat of regulatory competition?
  • What role can the Capital Markets Union play to reduce the impact of Brexit on EU-27 Banks?
2.4.   Non-bank Banking
  • What is the interrelation between market based finance and bank based finance with a particular view to regulation?
  • Are Capital Markets Union and Banking Union complements?
  • How respond to disintermediation?
  • How react to digitization (fintechs, regtech etc.)?

3. Programme Committee

Thierry Bonneau (University of Paris II and EBI); Danny Busch (University of Nijmegen and EBI); Guido Ferrarini (University of Genova, ECGI, and EBI); Christos Hadjiemmanuil (University of Pireaus, LSE, and EBI); Rosa Maria Lastra (Queen Mary University and EBI); Peter O. Mülbert (University of Mainz, ECGI and EBI; Tobias H. Tröger (Goethe University, IMFS and EBI); Eddy Wymeersch (Ghent University, ECGI, and EBI); Dirk A. Zetzsche (University of Luxemburg and EBI).

4. Local Organiser

Tobias H. Tröger (Goethe University, IMFS and EBI)

5. Conference Venue and Date

The conference will be held at Goethe University, Campus Westend, Frankfurt am Main, Germany. It will take place on Friday and Saturday 23 & 24 February 2018.

6. Call for Papers Deadline and Procedure

Authors can submit papers or extended abstracts to Claudia Collins ([email protected]). The deadline for submissions is 18:00 hrs (CET), Monday, 30 July 2017. The program committee will communicate decisions on acceptance of papers at the end of August 2017. Final papers will be due at 18:00 hrs (CET) on Friday, 22 December 2017.

Accepted papers will be eligible for the EBI Working Paper Series on SSRN and will thus participate in the selection of the EBI Annual Best Paper Award.

7. Costs

We are able to cover travel and accommodation costs for speakers. All papers presented at the conference are eligible for inclusion in the EBI Working Paper Series.

PRESS RELEASE – EBI Malta Conference (2017)

Press Release

The European Banking Institute, a non-profit organisation based in Frankfurt, Germany, is an international centre for banking studies resulting from the joint venture of the most highly regarded European academic institutions which have decided to share and coordinate their commitments and structure their research activities in order to provide the highest quality legal and economic studies in the fields of banking regulation and supervision in Europe.

Together with the Malta Financial Services Authority and under the auspices of the Malta Presidency of the EU, EBI organised the banking conference on the “Reflections on competent authorities’ “measures” in EU banking law” in Malta on 9th June 2017. Prof. Joseph Bannister, Chairman of the MFSA, stated: “I am very happy to work together with EBI and I am looking forward to further joint conventions in the future.” Dr. Thomas Gstaedtner, President of the Supervisory Board of EBI, added: “It was a very successful conference and I feel honoured at the opportunity of having worked alongside the MFSA.” Dr. Gstaedner further commented that the collaboration with the MFSA and other European financial authorities is important to the success of the EBI. He is enthusiastic about the idea of combining national and European expertise and thereby promoting the Institute’s goal to becoming not only the point of reference for banking regulation research in Europe but also an instrument to facilitate the interactions between academia, supervisors, regulators and industry.

 

Additional information on the European Banking Institute, its members and governing bodies are available on:  www.ebi-europa.eu