ILF Conference with Hengeler Mueller: "One Year of SSM: Effective and Efficient Supervision in a Volatile World?" held on 2 Nov 2015

On 2 November 2015, the law firm Hengeler Mueller and the ILF hosted a conference on the topic of “One Year of SSM Effective and Efficient Supervision in a Volatile World?” at Gesellschaftshaus Palmengarten, Frankfurt am Main.

About 200 guests from the financial industry, law firms, consultancies as well as regulatory agencies participated in the conference and reviewed the first twelve months of the Single Supervisory Mechanism (SSM). They discussed the achievements and challenges of the tasks of the European Central Bank (ECB) as the competent supervisory authority and spoke about their experiences and expectations for the future activities of the SSM and the Single Resolution Board (SRB).

Prof. Dr. Andreas Cahn, Executive Director of the ILF, welcomed the speakers, panelists and guests. Dr. Dirk Bliesener, Managing Partner of Hengeler Mueller, gave a short overview on the main subjects of the SSM and introduced the first speakers and panelists Ms. Sabine Lautenschläger, Member of the ECB’s Executive Board and Vice-Chair of the Supervisory Board of the Single Supervisory Mechanism, and Mr. Felix Hufeld, President, German Federal Financial Supervisory Authority (BaFin). The industry perspective was presented by Dr. Michael Kemmer, General Manager, Member of the Board of Directors, Association of German Banks (BdB).

The following panel was introduced and chaired by Prof. Dr. Cahn. The panelists were Dr. Chiara Zilioli, Director General Legal Services, European Central Bank, Mr. Henny Koemans, Director Public and Government Affairs, ING, and Dr. Christian Schmies, Partner of Hengeler Mueller.  

After a lunch break, the conference resumed with speeches and a panel discussion with Dr. Elke König, Chair, Single Resolution Board, Dr. Eva Hüpkes, Adviser on Regulatory Policy and Cooperation, Financial Stability Board, and Mr. Alexander G. Rang, Partner of Hengeler Mueller.

Finally, the last part of the conference was concluded with a speech by Charles Randell, Independent Director, Prudential Regulation Authority, on “Financial regulation: rules-based or rule-bound” looking at SSM issues beyond the Eurozone and a discussion subsequent to the speech.

More photos.