Corporate Governance and Banking Union in a transatlantic perspective
Monday, 17th December 2012
National Bank of Belgium, Brussels

A free all-day conference under the auspices of the Securities and Exchange Commission (SEC) and the European Commission, organised by the European Corporate Governance Institute and the Columbia Law School. The organisers are most grateful for the support of the National Bank of Belgium and for the sponsorship of the 2012 conference by PricewaterhouseCoopers (PwC).

Programme | Presentations and speeches | Video recording | List of attendees | Background reading | Background to the Dialogue

Programme
Restoring the stability of the financial sector is one of the most pressing current issues, particularly so given the demonstrable fragility in the EU.  European banking union has been seen as a critical element in the solution. Financial institutions operate throughout the EU and the diverse national regulatory regimes have seemed inadequate. This conference will present to policy-makers and other attendees a transatlantic perspective on this issue, including lessons learned from banking union within the United States.
08.30-09.15 Registration
09.15-09.30 Welcome
Jörgen Holmquist
Chairman
European Corporate Governance Institute
Jörgen Holmquist, Chairman, European Corporate Governance Institute
Introduction to the Conference
Jeffrey Gordon
Richard Paul Richman Professor of Law, Columbia Law School and
Co-Director, Ira M. Millstein Center for Global Markets and Corporate Ownership

Session 1 - Corporate Governance and Financial Institutions

09.30-11.30
Discussion panel on transatlantic issues chaired by
Jörgen Holmquist
Chairman, European Corporate Governance Institute

Panel
Jonathan Faull
Director General for Internal Market and Services
European Commission

Jeffrey Gordon
Richard Paul Richman Professor of Law, Columbia Law School and
Co-Director, Ira M. Millstein Center for Global Markets and Corporate Ownership
Elizabeth Jacobs
Deputy Director, Office of International Affairs
United States Securities and Exchange Commission
11.30-12.00 Coffee

Session 2 - Post-crisis reform

12.00-13.00 Keynote speaker
Sheila Bair
Former Chair
Federal Deposit Insurance Corporation

Question & Answers moderated by
Jeffrey Gordon
Richard Paul Richman Professor of Law, Columbia Law School and
Co-Director, Ira M. Millstein Center for Global Markets and Corporate Ownership

13.00-14.00 Lunch

Session 3 - The Structure of the Banking Union
This session will give an overview of the structure of the US banking union and how it has evolved as a result of the financial crisis. It will also provide an overview of the European proposals and issues, particularly in the light of the deliberations at the European Council Meeting of 13/14 December 2012.
14.00-15.00 Geoffrey Miller
Stuyvesant P. Comfort Professor of Law, Director, Center for Financial Institutions
New York University School of Law
Eddy Wymeersch
Founder
Financial Law Institute, Ghent University Law School and
former Chairman of the Committee of European Securities Regulators (CESR)
Moderator
Marco Becht
Professor of Finance and Economics, Université Libre de Bruxelles (ULB) and
ECGI Executive Director
15.00-15.30 Coffee
15.30-16.00 Keynote speaker
Michel Barnier
Commissioner for Internal Market and Services
European Commission

Session 4 - Implementing the Banking Union

16.00-17.30 Keynote speaker
Luc Coene
Member of the Governing Council of the European Central Bank (ECB)
Governor, National Bank of Belgium
Luc Coene, Governor, National Bank of Belgium
Discussion panel chaired by
Mario Nava
Acting Director, Financial Institutions Directorate
DG Internal Market and Services, European Commission
Panel
Patrick Bolton
Barbara and David Zalaznick Professor of Business, Columbia Business School and
Founding Director, Institute for Advanced Study of Toulouse
Alexander Graf Lambsdorff MEP
Member of the European Parliament
and
Vice-Chair, Group of the Alliance of Liberals and Democrats for Europe
André Sapir
Professor of Economics, Solvay Brussels School of Economics and Management
and Chair of the Advisory Scientific Committee, European Systemic Risk Board (ESRB)

Session 5 - The Transatlantic perspective

17.30-18.00 Keynote speaker
Troy A. Paredes
Commissioner
U.S. Securities and Exchange Commission

Session 6 - Summing up, Assessment and the Way Ahead

18.00-18.15 Nadia Calviño
Deputy Director General
DG Internal Market and Services
European Commission
Nadia Calvino, Deputy Director General, DG Internal Market and Services, European Commission
Mathias Dewatripont
Professor of Economics, Université Libre de Bruxelles
and Director of the National Bank of Belgium
Mathias Dewatripont, Professor of Economics, Université Libre de Bruxelles