Conference “Confidence, ethics, and incentives in the financial sector”

Date: 17 November 2015
Time: 13:30 - 17:45
Venue: Hotel Leopold, Rue du Luxembourg 35, 1050 Brussels

Confidence, ethics, and incentives in the financial sector

A Finance Watch conference

Tuesday 17 November 2015, 13:30-17:45
Hotel Leopold, Rue du Luxembourg 35, 1050 Brussels

 

 

 

Programme

13.15 Registration

13.45 Welcome: Christophe Nijdam, Secretary General of Finance Watch (download speech)

 

14.00 Panel 1: Restoring confidence in the financial sector

Citizen trust in the financial sector is low, held down by a string of scandals and ever-growing complexity. This high-level political discussion looks at the priorities and initiatives including those suggested in the Commission's forthcoming Green Paper on retail financial services and how they might help to rebuild trust in financial markets among the public.

  • Sirpa Pietikäinen, MEP
  • Anneliese Dodds, MEP
  • Cora van Nieuwenhuizen, MEP
  • Moderator: Joost Mulder, Head of Public Affairs, Finance Watch

15.00 Coffee

 

15.30 Presentation: Frederic Hache, Head of Policy Analysis at Finance Watch (download speech)

 

15.45 Panel 2: Ethics, incentives, and behaviour in the financial sector

Cleaning up the conduct and ethics of the financial sector has been a key priority for firms and regulators. How important are incentives and how can they be improved? How does a firm's size and business model shape its incentive structures? Which incentives and structures prevent ethical behaviour in finance? How can incentives be better linked with economic purpose and ethical best practice? Can regulation do more to clean up financial sector conduct? Is the regulation properly enforced, with sufficient market surveillance resources and legal powers?

  • Jeroen Hooijer, Head of Unit on Company Law, DG Justice, European Commission 
  • Sue Lewis, Chair, UK Financial Services Consumer Panel
  • Michael Budolfsen, President, UNI Europa Finance 
  • Nicoletta Dentico, Board Member of Banca Popolare Etica 
  • Moderator: Professor Paul Dembinski, University of Fribourg, Observatoire de la Finance

 

 

17.15 Closing Keynote: "When timidity triumphs..." Robert Jenkins, formerly member of the Bank of England's Financial Policy Committee; Adjunct Professor of Finance, London Business School; and Senior Fellow at Better Markets (download speech)

 

17.45 Cocktail reception