About this seminar
In March 2019, the European Parliament and the Member States reached a political agreement to reform the current system of financial supervision with a view of strengthening the macro- and micro-prudential supervision at the EU level. This seminar explains the legal system for financial services regulation and supervision before and after the reform and it clarifies the distribution of competences between the national and the EU level and the implementation of laws at both levels. The participants will learn about the respective roles and powers of various actors involved in the decision-making in financial services, with a particular emphasis on the tasks of the EU supervisory authorities (ESAs). On the basis of practical examples, the participants will have the opportunity to discuss the concrete actions taken by the ESAs, their first achievements as well as clear lessons for improvement.
Who will most benefit?
EU regulatory affairs professionals, officials in the national regulatory and supervisory authorities; professionals from financial institutions who wish to obtain solid understanding of fundamental legal concepts, principles and procedures in EU financial services; translators who need to acquaint themselves with the legal terminology as well as other professionals wishing to systematise their knowledge of financial markets regulation.
The objectives of this seminar are three-fold:
- To present the institutional set-up for the regulation and supervision of financial institutions, the system of regulation and decision-making in financial services;
- To discuss the first lessons learned from the ESAs activities, the ongoing reform and the outlook for the future;
- To inform about the legal remedies available to challenge the legality of ESAs actions and to discuss the recent litigation in financial services.
The seminar will consist of presentations, question & answer sessions and a panel discussion.
European Centre for Judges and Lawyers – EIPA Luxembourg
8 rue Nicolas Adames
Ms Juliette Boussuge-Mollicone
Tel: +352 426 230 304
The fee includes documentation and refreshments, two lunches and a reception. Accommodation and travel costs are at the expense of the participants or their administration.
EIPA offers a 10% discount to all civil servants working for one of EIPA’s supporting countries, and civil servants working for an EU institution, body or agency.
Early bird discount
For this course, EIPA offers an early bird discount of 50 euro. The early bird deadline is 8 October 2020.
Who are the supporting countries?
Civil servants coming from the following EIPA supporting countries are entitled to get the reduced fee: Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal, Spain, Sweden, United Kingdom.
For all other participants, the regular fee applies.
Special dietary requirements (e.g. vegetarian, diabetic) can be indicated once you receive the confirmation of the seminar.
EIPA has special price arrangements with a number of hotels. All rates are including breakfast and tourist tax. Should you wish to make use of this possibility, please book directly via the links below. Payment is to be made directly and personally to the hotel upon checking out. At the time of booking, please mention in the requested field the reservation code: EIPA, unless indicated otherwise.
- Hotel Melia*****, at the rate of €195 (booking code: 01350007ZKC), via tel.: +352 27 33 32 06 or via e-mail: firstname.lastname@example.org
- Hotel Novotel Kirchberg****, at the rate of €170, tel.: +352 429848-1; booking page: businesstravel.accorhotels.com (Company ID: SC000002048 – Access Code: IN281LU654)
- Hotel D’Coque***, via https://www.coque.lu/coque-hotel/reservation-en-ligne, tel.: +352 43 60 60222
- Grand Hotel Victor Hugo (Best Western Plus)****, at the rate of €175 (main building) or at the rate of €155 (annex building) (booking code: EIPA BWP 2020), via tel.: +352 26 27 440 or via e-mail: email@example.com
- Hotel Simoncini****, at the rate of €190 tel.: +352 22 28 44; e-mail: firstname.lastname@example.org or email@example.com; www.hotelsimoncini.lu
- Hotel Français***, at the rate of €150 tel.: +352 47 45 34; e-mail: firstname.lastname@example.org; www.hotelfrancais.lu (Reservation code: EIPA)
- Hotel Parc Plaza****, at the rate of €156, (Reservation code: EIPA0118). https://www.goereshotels.com/parc-plaza-en
- Hotel Parc Bellevue***, at the rate of €110, (Reservation code: EIPA0118). https://www.goereshotels.com/belle-vue-en tel.: +352 44 23 23 23 23; e-mail: email@example.com
- Hotel Domus***, at the rate of between €135 and €165,: +352 46 78 78 1; fax: +352 46 78 79; e-mail: firstname.lastname@example.org; www.domus.lu (Reservation code: EIPA)
Railway Station Area
- Hotel City****, at the rate of €200 (Monday to Thursday) and €150 (Friday to Sunday), tel.: +352 29 11 22; e-mail: email@example.com; www.cityhotel.lu (Reservation code: EIPA)
- Hotel JJ32**, at the rate of €135, tel.: +352 20 33 32 68; e-mail: firstname.lastname@example.org; www.jj32.lu (Reservation code: EIPA BWP 2020)
Prior payment is a condition for participation.
For administrative reasons you will be charged €150 for cancellations received within 15 days before the activity begins. There is no charge for qualified substitute participants.
EIPA reserves the right to cancel the activity up to 2 weeks before the starting date. In that case, registration fees received will be fully reimbursed. EIPA accepts no responsibility for any costs incurred (travel, accommodation, etc.).
I have a question
|08.30||Registration of participants|
|09.00||Welcome of participants
Juan Diego Ramírez-Cárdenas Díaz, Senior Lecturer and Roberta Ribeiro Oertel, Lecturer, European Centre for Judges and Lawyers, EIPA Luxembourg (LU)
|09.30||EU Institutional Framework for Financial Regulation and Supervision (I)
Eugenia Siracusa, Legal Officer, Legal, Convergence & Enforcement, European Securities and Markets Authority (ESMA), Paris
|10.30||Questions and answers|
|11.00||EU Institutional Framework for Financial Regulation and Supervision (II)
|11.45||Questions and answers|
|13.45||The reform of the ESFS and the outlook for the future – Panel discussion
Eugenia Siracusa and Fred Reinertz Barriera, Financial Sector Consultant, Luxembourg
|15.30||ESAs as Entities Subject to EU Administrative Law
Juan Diego Ramírez-Cárdenas Díaz
|17.00||End of the first seminar day and reception|
|09.00||Sources of Financial Services Law
Roberta Ribeiro Oertel
|10.45||Procedures for the Adoption of Level 1 and Level 2 Acts (DA and IA)
Juan Diego Ramírez-Cárdenas Díaz
|13.45||Challenging the legality of actions taken by the ESAs and the ECB
Silvère Lefèvre, Legal Secretary at the General Court, Luxembourg
Silvère Lefèvre and participants
|15.45||Challenging the legality of Member States actions: Infringement procedure
Roberta Ribeiro Oertel
|17.00||End of the seminar|