The EU Financial Sector After the Storm

Committee on Budget and

Finance of the Seimas of the Republic

of Lithuania

The EU Financial Sector after the Storm

Vilnius, 08.09.2011

Seimas of the Republic of Lithuania. Vilnius, Gedimino av. 53

PROGRAM

Wednesday, 07.09.2011

19.00 Dinner. Keynote speech: A.Kubilius, Prime Minister of the Government of the Republic of Lithuania

Thursday, 08.09.2011

Moderator: Guido Ravoet, Chief Executive, European Banking Federation

10.00- 10.10 Welcome

Prof., dr. Kęstutis Glaveckas, Chairman of the Committee on Budget and Finance

10.10-10-15 Opening remarks

Dr. Stasys Kropas, President of the association of Lithuanian banks

10.15-10.45Keynote speech: Implementation of the EU financial sector regulatory agenda.

Michel Barnier. European Commissioner for Internal Market and Services.

Q & A

10.45 – 12.15Implementation of Basel III. The banking business is based on trust and confidence, which rely on three pillars: surveillance, stability and crisis management. How are they reinforced (or not) by the new regulatory framework?

What impact it will have on the real economy?

Freddy Van den Spiegel, Chief Economist-Director Public Affairs BNP Paribas Fortis

The problems of stability supervision

Henri Malosse, President ofthe Employers group, European Economic and Social Committee

The regulation of the banking sector and the crisis overcomein Europe:the viewofEuropeanEmployers

Peter Morgan, Member of the European Economic and Social Committee

From Larosiere Report to the current regulatory Environment

Peter Tabak, European Bank for Reconstruction and Development Economist

Q & A session

12.15 – 13.45 Lunch break

Moderator: Piia-Noora Kauppi Managing Director, Federation of Finnish Financial Services

13.45 – 14.15Keynote speech: The Nordic approach to CRD IV

Johanna Lybeck Lilja State Secretary at the office of Minister Finance Minister of Sweden Peter Norman

14.15 – 15.30What are the key success factors for the European financial services sector?

Financial markets in the Nordic-Baltic countries are highly integrated. Where should we draw the line to avoid regulation which is too detailed and restrictive? What does Basel III mean for the financial sector in practice? Crisis management and stability.

Vitas Vasiliauskas, Bank of Lithuania, Chairman of the Board of the Bank of Lithuania

Leif Teksum, Group Executive Vice-president Large Corporates and International, DnB NOR Bank ASA

Do you know your customers? – Some comments pre- and post crisis

Hakan Berg, Head of Baltic Banking, “Swedbank”, AB

Magnus Agustsson, Head of Group Risk Centre, SEB Group

Kerstin af Jochnick , Managing Director, Swedish Bankers’ Association

15.30- 15.45 Closing remarks

GuidoRavoet, Chief Executive, European Banking Federation

16:00 Excursion in the Seimas Building of Lithuanian Republic.

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