The European Society for Banking and Financial Law (AEDBF), a European association of professionals, which is specialized in the legal aspects of banking, financial and capital market sector (<link typo3 www.aedbf.eu>www.aedbf.eu), and the Institute for Law and Finance (ILF) at the Goethe University Frankfurt (www.ilf-frankfurt.de) will be holding a conference on resolution mechanisms with a special focus on Bail in - its concept, scope and practical challenges on 18 September 2014.
In July 2014, the Directive establishing a framework for recovery and resolution of credit institutions (BRRD) has come into force in the EU. As part of the BRRD, several resolution tools are introduced, amongst which is a bail-in mechanism. The bail in will allow resolution authorities to apply debt to equity swaps to banks which are otherwise expected to fail. However, the scope, the practical application and its implications still are subject to many questions. We would therefore like to discuss these topics with you and have assembled a panel of practitioners, representatives from authorities, academics and bankers being experts in this field.
Date: Thursday, 18 September 2014
Location: House of Finance, Goethe-Universität Frankfurt am Main
Campus Westend, Grüneburgplatz 1, 60323, Frankfurt am Main
Agenda:
3.30pm Registration
4pm Panel 1: Institutional environment of resolution mechanisms
Panelists: Adam Ketessidis, BaFin
Sabino Fornies-Martinez, European Commission
Dr. Eva Hüpkes, Financial Stability Board
Prof Michel Tison, Ghent University (moderator)
- International standards (FSB et al.) and broader picture (resolution of banks, insurers, CCPs, etc.)
- EU context (BRRD, SRM, separate legislation on non-banks)
- Interaction with corporate law and insolvency regimes
- National application (resolution authorities vs. supervisors vs. financial stability authorities)
5pm Panel 2: Resolution tools with a focus on bail-in
Panelists: Holger Hartenfels, Deutsche Bank
Andreas Dielehner, KPMG
Prof. Dr. Tobias Tröger, LL.M., Goethe University, Frankfurt
Dr. Sven Schelo, Linklaters (moderator)
- Prerequisites (sequence, prioritisation, limitations)
- Bail-in (scope, effects)
- Impact on banks (liquidity, need to restructure)
- Minimum amount of bail-in eligible liabilities (MREL/GLAC)
6pm Discussion
Followed by a reception with drinks and snacks
Date
18.09.2014
Time
15:30–19:00 hrs
Place
- House of Finance, Goethe-Universität Frankfurt am Main, Campus Westend, Grüneburgplatz 1, 60323, Frankfurt am Main
