How crisis-proof is the financial market infrastructure?
The pandemic has caused unprecedented volatility in the financial markets. The corporate sector has been hit by supply disruptions and weak demand. Amid such turbulence, providers of infrastructure services for financial markets (e.g. exchanges, clearinghouses, trade depositories and custodians, financial data, and technology providers) play a vital role in providing robust and stable platforms and operations, as well as timely information to allow for efficient transactions. Their operational resilience should enable them to go on contributing to well-functioning secondary markets and ensure the recapitalisation of primary markets.
- What risk-management tools do market infrastructure providers have to deal with the unprecedented crises? Has their effectiveness been tested?
- Are national ecosystems sufficiently integrated across the EU? Has interoperability been achieved in practice?
- Is the current regulatory framework protecting the financial sector and wider economy from potential operational disruptions?
- Are capital markets and the financial sector structured in a way that could prevent, adapt, respond to, recover, and learn from operational disruptions?
SPEAKERS
- Carmine Di Noia, Commissioner, CONSOB
- Boris Augustinov, Policy Officer, Digital Finance Unit, DG FISMA
- Rachel Tyler, Executive Director of Business Resiliency, DTCC
- Mark Spanbroek, Chairman, FIA EPTA
Moderated by Karel Lannoo, CEO of CEPS and General Manager of ECMI
INSTRUCTIONS
This webinar is dedicated to CEPS, ECMI and ECRI members. EU and national officials, academics, NGOs as well as press are admitted free of charge. Other participants might be admitted for a fee of €175. Registered participants will receive the link the day before the event.