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
thomas.gstaedtner@ebi-europa.eu
Enrico Leone, Chancellor
+44-20-76282020
enrico.leone@ebi-europa.eu

 

Cleary Gottlieb Steen & Hamilton LLP

Dr. Gabriele Apfelbacher, Frankfurt office
T. +49-69-971030
gapfelbacher@cgsh.com

Amélie Champsaur, Paris office
T. +33-1-40746800
achampsaur@cgsh.com

Bob Penn, London office
T. +44-20-76142200
bpenn@cgsh.com

Jutta Grönefeld/Pascale Koall
Business Development Coordinators
T. +49-69-971030
jgroenefeld@cgsh.com/pkoall@cgsh.com

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 (claudia.collins@ebi-europa.eu). 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

PRESS RELEASE – Academic joint venture for bank regulation & supervision now includes private sector

Bank associations, Deloitte join European Banking Institute

FRANKFURT AM MAIN, 16 November 2016 – Banking associations from across Europe as well as international accounting firm Deloitte have joined the European Banking Institute (EBI) as supporting members in order to help develop international academic research on European banking regulation and supervision, the Institute said today.

The new bank sector members are the European Banking Federation as well as national banking associations from Germany, Greece, Italy, Romania, Spain and the Netherlands. Together they join the 22 universities from 15 European countries that already are academic members of the new institute.

“The involvement of the banking industry and the private sector is an important element of the European Banking Institute,” said Dr Thomas Gstaedtner, President of the Supervisory Board of the EBI. “It will provide our universities with a practical angle on the problems, and can provide precious information on the development of the banking industry. This will lead to more relevant research.”

EBI aspires producing state-of-the-art academic research in the field of banking regulation now that banking regulation and supervision have become European as a result of Banking Union. The institute was established in January of this year as a non-profit organisation in Frankfurt in order to share, coordinate and structure academic research activities in Europe.

“Creating a truly European research institute in this field is a logical consequence of Banking Union,” said Dr Gstaedtner. “An academic perspective is required. European supervision is a challenge from an economic, a legal and from an accounting perspective. The EBI has the geographical reach and the technical expertise to produce truly European academic research in this field. This makes it a unique research network.”

The national banking associations that now have joined the EBI are the Association of German Banks (BDB), the Hellenic Bank Association (HBA), the Italian Banking Association (ABI), the Romanian Banking Association (ARB), the Spanish Banking Association (AEB) and the Dutch Banking Association (NVB).

The academic membership of the institute currently includes universities from Amsterdam, Athens, Bologna, Bonn, Dublin, Frankfurt, Ghent, Leiden, Lisbon, Ljubljana, Luxembourg, Madrid, Mainz, Malta, Milan, Nicosia, Nijmegen, Paris, Stockholm and Tartu.

More organisations expected to join

At its first Annual Global Conference on 28 October 2016 in Frankfurt, Enrico Leone, Chancellor of the EBI said the institute expects more organisations will join its network in the near future, including national central banks, international public institutions and universities in the United Kingdom.

“The European Banking Institute has been designed to facilitate the interaction of universities, regulators, supervisors and banking industry in Europe and to improve the understanding of the real issues affecting this sector and develop viable solutions,” Mr Leone said.

“The EBI is open to all European universities which have expertise in the area of banking research. This includes British universities. Brexit does not apply to academia and the European Banking Institute and we seriously hope that British universities will join the EBI in the near future,” he said.

Besides Dr Thomas Gstaedtner as President of the Supervisory Board and Enrico Leone as Chancellor of the EBI, the EBI leadership team includes Prof. Bart Joosen of the University of Amsterdam as President of its Academic Board.

Contact:

Dr. Thomas Gstaedtner (thomas.gstaedtner@ebi-edu.eu; +49 1775607066) and/or
Enrico Leone (enrico.leone@ebi-edu.eu; Tel.: +44 20 7825 3093)

More information on the EBI Annual Global Conference at Deutsche Bundesbank (external website)