Beginning Tuesday, 17 June 2014 12:30
End Tuesday, 17 June 2014 14:00
Location Boulevard Bischoffsheim 11, 1000, Brussels, Belgium
Event fees British Chamber members: €0.00 (incl. VAT)
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In response to the financial crisis that emerged in 2008, the European Commission pursued a number of initiatives to create a safer and sounder financial sector for the European Single Market. These initiatives, which include stronger prudential requirements for banks, improved depositor protection and rules for managing failing banks, form a single rulebook for all financial actors in the 28 Member States of the European Union. Furthermore, on the basis of the roadmap for the creation of the Banking Union, the EU institutions agreed to establish a Single Supervisory Mechanism and a Single Resolution Mechanism for banks.

The last pieces of the European Banking Union are being put into place at last, and Member States can slowly start looking at their implementation. For the moment only the Eurozone Member States are members of the Banking Union, but it will nevertheless affect the whole EU and beyond as the responsibility for European Banks shift from the national to EU level.

We have the pleasure of welcoming Ms. Bodil Nielsen, Head of Unit 1B, General Secretariat of the Council of the European Union, and we will have the opportunity to understand the implications of this new set of rules. Focuses of the discussions are: the theme of the implementation, the SSM Framework Regulation and its effects on relations between the ECB and NCAs, long-term outcomes.

Bodil Nielsen is Head of Unit in the General Secretariat of the Council of Ministers. She is responsible for financial services and has assisted the special working parties that elaborated the proposals on the Single Supervisory Mechanism and the Single Resolution Mechanism.  

Speakers:

Head of Unit 1B | General Secretariat of the Council of the European Union

This event is held under the Chatham House Rule.
It aims to provide anonymity to speakers and to encourage openness and the sharing of information. It is now used throughout the world as an aid to free discussion. When a meeting, or part thereof, is held under the Chatham House Rule, participants are free to use the information received, but neither the identity nor the affiliation of the speaker(s), nor that of any other participant, may be revealed.
This event is exclusively open for members.

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Contact Details:

Ana Laura Blanco

eucommittee@britcham.be

Tags

Financial Services
Financial Markets

Payment Instructions:

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British Chamber of Commerce in Belgium
ING Bank: 310-1391540-64
IBAN: BE29 3101 3915 4064
SWIFT/BIC: BBRUBEBB

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