27.06.2013
10:00-13:15

Financial indices and benchmark settings: The road ahead for Europe

Published in 
CEPS - Centre for European Policy Studies 1 Place du Congrès / Congresplein 1000 Brussels

10:00-11:30: Transparency and openness of financial indices based on trade reporting - Market structure implications

  • Balancing IPRs and accessibility (e.g. listed derivatives)
  • Transparency of methodologies
  • Trade reporting and formula creation

Speakers:

    Giles Ward, Policy Officer, Securities Markets, European Commission
    Alex Claringbull, Managing Director, Blackrock
    Jeremy Penn, Chief Executive, Baltic Exchange
    Richard Stevens, Executive Director for International Research and Product Development, CME Group
    Kay Swinburne, Member of the European Parliament (ECRG)
    James Smethurst, Partner, Freshfields [moderator]

11:30-11:45: Coffee break 

11:45-13:15: Integrity of benchmark settings and quality of price formation - Governance and methodology

  • Submission to benchmark setting panels
  • Content and transparency of methodologies (e.g. use of judgment)
  • Governance processes
  • Private vs public enforcement (e.g. complaints and whistle blowing procedures)
  • Role of benchmarks in commodities markets

Speakers:

    Steffen Kern, Head of Economics and Financial Stability, European Securities and Markets Authority (ESMA)
    Sophia Dancygier, Managing Director, Markit
    Elizabeth Murphy, Regulatory Counsel, Platts
    Chris Woods, Head of Governance and Policy, FTSE
    John Ewan, Head of Fixings Business Development, Thomson Reuters
    Diego Valiante, ECMI Head of Research and Research Fellow, CEPS [moderator]

Registration

  • Participation in ECMI-CEPS meetings is a benefit of ECMI and CEPS membership. ECMI and CEPS members register free of charge.
  • EU and national officials, academics and students, NGOs (not representing a commercial interest) as well as press are also admitted free of charge.
  • Non-Members may be admitted for €125 (21% VAT included, payable in advance via online registration secure platform). If you have questions regarding membership or participation please contact karin.lenk@ceps.eu before registering. 

Queries

For more information please contact Karin Lenk at karin.lenk@ceps.eu or phone 0032 2 229 39 78.

AttachmentSize
Agenda249.2 KB
Report521.41 KB