Should we split up the banks and, if so, how? That is the question posed by the Volcker Rule and the Vickers and Liikanen Reports. The Volcker Rule has been finalized and enactment of Vickers and Liikanen is pending.
Why we have arrived at this point and whether this is a good idea will be discussed on January 21, 2014 at the third in the ILF's series of day-long conferences on Too Big to Fail.
The program is enclosed and we hope you will all join us to hear Andreas Dombret, Member of the Management Board of the Deutsche Bundesbank and Paul Achleitner, Chairman of the Supervisory Board of Deutsche Bank discuss the issues involved, together with public sector officials, including representatives of the Bank of England, Her Majesty's Treasury and the European Commission, representatives of prominent think tanks, including the Peterson Institute and the Brookings Institution, and international practitioners from the US and the UK.
Welcome and Introduction
Andreas Cahn, Director, Institute for Law and Finance
Cutting the Gordian Knot or Splitting Hairs – The Debate about Breaking up Banks
Andreas Dombret, Member of the Management Board, Deutsche Bundesbank
Structural Reform – What and Why
Andy Haldane, Executive Director Financial Stability, Bank of England
What kind of financial system do we want? A global private sector perspective
Paul Achleitner, Chairman of the Supervisory Board, Deutsche Bank
11:00 C O F F E E B R E A K
Drawing the lines in Europe: the UK, the EU and Liikanen
Lowri Khan, Director Financial Stability, Her Majesty’s Treasury
Jan Krahnen, Member of the Liikanen Group and Professor of Finance, Goethe University Frankfurt
Miguel De La Mano, Head of Unit Analysis of financial market issues, European Commission
13:00 L U N C H
The Volcker Rule
Debra F. Stone, Counsel and Vice President, Federal Reserve Bank of New York
What kind of financial system do we want? A global public policy perspective
Adam Posen, President, Peterson Institute for International Economics
15:00 C O F F E E B R E A K
What the arguments in favor of structural reform leave out
Douglas Elliott, Senior Fellow, Brookings Institution
Randall Guynn, Head of Financial Institutions Group, Davis Polk & Wardwell
But isn’t a credible resolution regime the real answer?
Simon Gleeson, Partner, Clifford Chance
Patrick Kenadjian, Senior Counsel, Davis Polk & Wardwell LLP
Registration under: http://anmeldung.ilf-frankfurt.de
Terms & Conditions:
Upon receipt of your registration you will receive an invoice for the registration fee of EUR 350 (ILF Sponsors: EUR 220). VAT is not applicable. Payment must be received prior to the conference. Registration fee includes lunch and coffee breaks. Registered participants can appoint a replacement or cancel their registration no later than January 16. The ILF reserves the right to make changes to the program or to cancel the conference. In case of cancellation by the ILF registration fees will be refunded.