Speakers
Public Authoritiess
Alexandra Jour-Schroeder
Deputy Director-General and Acting Director, General Affairs - DG for Financial Stability, Financial Services and Capital Markets Union, European Commission
Carlo Comporti
Commissioner - Commissione Nazionale per le Società e la Borsa (CONSOB)
Markus Ferber
MEP - Committee on Economic and Monetary Affairs, European Parliament
Sébastien Raspiller
Secretary General - Autorité des Marchés Financiers (AMF)
Verena Ross
Chair - European Securities and Markets Authority (ESMA)
Industry Representativess
Corentine Poilvet-Clediere
Chief Executive Officer, LCH SA - London Stock Exchange Group (LSEG)
Fabrice Demarigny
Partner, Global Head of Financial Markets - Forvis Mazars
Nicholas Bean
Chief Executive Officer - Bloomberg Trading Facility BV
Pilar Martínez
Head Public Affairs EU and Latin America - SIX Group
Objectives
Objectives
This session will examine whether the proposals put forward in the Market Integration and Supervision Package (MISP) regarding the supervision of trading venues and market infrastructures, the securities market supervisory toolkit and regulatory simplification can deliver a more effective and coherent framework for the regulation and supervision of EU capital markets, while also supporting greater agility and meaningful burden reduction, in line with the recent Council’s emphasis on strengthening EU competitiveness.
Points of discussion
- Supervision of cross-border securities trading venues and post-trading infrastructures
What improvements in terms of supervisory effectiveness, coherence and efficiency can be expected from the the Market Integration Package (MIP) proposals regarding the supervision of “significant” trading venues, CCPs and CSDs? To what extent can these changes also contribute to simplifying supervisory arrangements and reducing burdens for cross-border market participants? Are these proposals aligned with the broader objective of enhancing EU competitiveness recently emphasised by the Council? What are the key conditions for a successful implementation and are there issues that still require clarification? - Supervisory powers, processes and regulatory simplification
Will the changes proposed under the MIP to supervisory powers, tools and processes support a more agile, proportionate and simplified supervisory framework for EU securities markets? Can enhanced supervisory convergence and cooperation mechanisms reduce fragmentation, duplication and regulatory burden for cross-border market participants? Are there remaining obstacles to achieving a more predictable and streamlined regulatory environment?