About this seminar
In April 2019, the European Institutions reached an 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 is this course for
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 seminar will consist of presentations, question & answer sessions and a workshop. 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.
To be confirmed
Ms Juliette Boussuge-Mollicone
Tel: +352 426 230 304
The fee includes documentation and refreshments. Lunches, a reception or dinner are included if mentioned in the programme. 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 3 October 2019.
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 Novotel Kirchberg****, at the rate of €165, tel.: +352 429848-1; booking page: accorhotels.com (Company ID: SC000002048 – Access Code: IN281LU654).
- Hotel Melia****, via melia.com (booking code: 01350007ZKC), via tel.: +352 27 33 32 06 or via e-mail: firstname.lastname@example.org
- Hotel D’Coque*** via http://www.coque.lu/reservation-dhotel-en-ligne, tel.: +352 43 60 60 222
- Hotel Simoncini****, at the rate of €180, : +352 22 28 44; e-mail: email@example.com or firstname.lastname@example.org; www.hotelsimoncini.lu.
- Hotel Français***, at the rate of €140 tel.: +352 47 45 34; e-mail: email@example.com; hotelfrancais.lu (Reservation code: EIPA).
- Hotel Parc Plaza****, at the rate of €152, (Reservation code: EIPA0118). E-mail: https://www.goereshotels.com/parc-plaza-en
- Hotel Parc Bellevue***, at the rate of €108, (Reservation code: EIPA0118). E-mail: https://www.goereshotels.com/belle-vue-en
- : +352 44 23 23 23 23; e-mail: firstname.lastname@example.org www.goereshotels.com
- Hotel Domus***, at the rate of between €120 and €155,: +352 46 78 78 1; fax: +352 46 78 79; e-mail: email@example.com; www.domus.lu (Reservation code: EIPA).
Railway Station Area
- Hotel City****, at the rate of €189 (Monday to Thursday) and €150 (Friday to Sunday), tel.: +352 29 11 22; e-mail: firstname.lastname@example.org; cityhotel.lu (Reservation code: EIPA)
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.).
|Legal framework for financial services|
|09.00||Welcome and mutual introduction
Alina Domaradzka, 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
|11.00||EU Institutional Framework for Financial Regulation and Supervision (II)
|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
Igor Dizdarevic, Lecturer, European Centre for Judges and Lawyers, EIPA Luxembourg
|17.00||End of the first seminar day followed by a cocktail|
|Decision-making and litigation in the financial services area|
|09.00||Sources of Financial Services Law
|10.45||Procedures for the Adoption of Level 1 and Level 2 Acts
|13.45||Case study: Decision-making for the adoption of Level 1 and Level 2 acts
Alina Domaradzka and participants
|15.00||Challenging the Legality of ESAs Actions
|16.30||Q & A session
Alina Domaradzka, Igor Dizdarevic and participants
|17.00||End of the seminar|