Reducing cumulative complexity in EU banking regulation and supervision

Objectives The first objective of the session is to identify where the interaction between the microprudential, macroprudential and resolution frameworks creates the greatest complexity relative to the prudential benefits delivered, and where simplification should therefore be prioritised. The discussion will examine how regulatory and supervisory simplification can improve transparency, predictability, competitiveness and financing capacity while … Continued

Objectives This session will examine the main market, product, digitalisation and tokenisation trends shaping the European asset management sector and assess whether EU fund product and digital frameworks remain fit for purpose to support innovation, the competitiveness of the fund sector and the objectives of the SIU. Points of discussion Market and product trends How … Continued

Objectives This session will assess whether the MISP asset management measures can meaningfully reduce fragmentation and support a more competitive EU fund market, and whether the proposed supervisory framework and implementation approach are sufficiently effective, workable and proportionate to deliver these benefits. Points of discussion Expected impact of the MISP asset management proposals and pending … Continued

Objectives This session will assess the development and growth prospects of tokenisation across financial services, the main use cases, benefits, risks and operational challenges associated with its use, and its potential to transform market activities and create value for market participants and users, with a particular focus on its implications for capital markets. Points of … Continued

Objectives The roundtable will assess the challenges at the global level and the different possibilities to address these challenges in the EU and in the rest of the world. Points of discussion What are the main obstacles in the different parts of the world for getting to a stop of the rise of emissions of … Continued

Objectives This session will assess the operational, regulatory and supervisory conditions required to support the wider adoption of tokenisation in EU capital markets and enable it to contribute to the objectives of the Savings and Investments Union (SIU). Building on the previous session on “Tokenisation use cases”, it will focus on the conditions needed for … Continued

Objectives This session will examine the expected impact of the main retail-focused SIU measures – the Retail Investment Strategy (RIS), the Savings and Investment Accounts (SIA) blueprint and the EU Financial Literacy Strategy – on retail participation in capital markets, the main issues still to be addressed and the conditions for their effective implementation, and … Continued

Objectives Despite its scientific excellence, industrial strengths and abundant savings, Europe still lacks an integrated innovation and financing ecosystem capable of scaling and retaining globally competitive firms, leaving it behind the United States and China in the technologies that will shape future growth and strategic autonomy. The session will first examine how Europe can progress … Continued

Objectives The session will assess how the EU Supplementary Pensions Package can be translated into national reforms that expand supplementary pension coverage and improve retirement adequacy across Member States. It will examine how reforms such as the revision of IORP II, pension tracking systems and auto-enrolment can increase participation over the next five years, drawing … Continued

Objectives This session will examine the key structural factors and market trends shaping the liquidity, depth and efficiency of European securities trading markets, and assess whether the proposed MISP measures can help improve the functioning of these markets. Points of discussion Current trading landscape and ongoing trends How is the structure of EU securities trading … Continued