Which direction for capital markets in the EU and around the world ?

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Lisbon Congress Center

CEPS and ECMI, on the occasion of CMVM’s Annual Conference in celebration of its 30th Anniversary and in conjunction with the 46th Annual Meeting of the International Organization of Securities Regulators (IOSCO), are organising a session on "Which direction for capital markets in the EU and around the world?"

The session will present and discuss the two best papers selected by the Academic Committee on response to the “call for papers” specifically promoted for the CMVM conference.

  • "Regulation, financial crises, and liberalization traps" by Francesco Marchionne, Beniamino Pisicoli, and Michele Fratianni

Presenter: Francesco MarchionneSenior Lecturer, Department of Business Economics and Public Policy, Kelley School of Business, Indiana University

Discussant: Eva Schliephake, Assistant Professor of Finance, Católica Lisbon School of Business & Economics.

  • "Strategic Complementarity among Investors With Overlapping Portfolios" by Christof Stahel 

Presenter: Christof Stahel, Senior Economist, Investment Company Institute.

Discussant: Marie Briere, Head of Investor Research Center, AMUNDI; Affiliate Professor, Paris Dauphine University; Senior Associate Researcher, Center Emile Bernheim, Université Libre de Bruxelles

​Moderator: Apostolos Thomadakis, Researcher, ECMI