Nimeni nu se multumeste cu averea pe care o are, dar fiecare e multumit de inteligenta sa.

 

Tolstoi

 

Daca vrei sa vezi foarte departe, trebuie sa incerci necontenit sa urci cat mai sus.

 

 

Constantin Brancusi

 

Recunoasterea necunoasterii este conditia cunoasterii.

 

 

anonim

Cel mai mare obstacol in a invata ceva nou, este sa crezi ca stii deja acel ceva

 

 

filosofie Zen

Succesul inseamna sa mergi din esec in esec fara sa-ti pierzi din entuziasm 

 

 

Winston Churchill

 

Nu suntem curiosi decat in masura in care suntem instruiti 

 

 

proverb francez

 

Invata plangand si vei castiga razand 

 

 

proverb portughez

 

EU Regulations: Impacts on the financial markets 19-21.10.2011

Data inceput: 19-10-2011
Data sfarsit:  21-10-2011
Lector:  Benoit Sauvage

Institutul Bancar Roman si Agence de Transfert de Technologie Financiere – Luxemburg,  va invita sa participati la cursul  „EU REGULATIONS: IMPACTS ON THE FINANCIAL MARKETS”, programat in luna octombrie 2011.

Pentru a pastra acuratetea obiectivului, continutului cursului si termenilor specifici utilizati, prezentarea este facuta in limba engleza.

Objective
The course aims at understanding the major EU financial regulations that concerns banks.

Methodology
On the first day, the course will address the creation of law at EU level. It will present the major actors, institutions, procedures, then how EU regulation is transposed into the national framework of law (with the example of the Luxembourg structure). Then in the last part of Day One the course will concentrate on key measures in financial and investment regulation with the MiFID (Market in financial Instruments Directive), the PRIPS (Packaged Retail Investment Products) upcoming regulation and new rules on short selling.

The second day will follow on addressing EU product regulation on UCITS (Unit in Collective Investments in Transferable Securities), AIFM (Alternative Investment Fund Managers) and the more general way to issue other securities (the prospectus directive). That second day will also discuss the changes in the post-trade markets, participants will discover the EMIR (European Market Infrastructures Regulation), the CSD (Central Security Depository rules) and the European Central Bank Target 2 Securities and Collateral Central Bank Management System 2 and the impact on their business. To close the day the course will present the key features in the new prudential framework Basel III and CRD IV (Capital Requirement Directive).

The Last day will be dedicated to up coming mortgage regulation and other loan regulation as well as new rules in payment with the SEPA (Single European Payment Area) and the PSD (Payment Service Directive) and may finish the Prudential regulation discussion of day 2 that may be split over the day 2 and 3.

Content
Day One
1. Introduction to EU Regulation & Supervision
        The EU institutions, procedure and supervisory organisation
2. National implementation of EU regulation
        Some examples from Luxembourg
3. Financial Market regulation
        MiFID, PRIPS, Market Abuse, Short selling & Market structure
        Organisation within banks, key aspects and how to, Lux. Examples
Day two
4. Financial Products Regulation
        UCITS IV and V, AIFM, Prospectus
        Rules, principles and Impact on custody activity
5. Post trade regulation
        EMIR (CCP regulation), CSD draft regulation, T2S and CCBM2, and Securities law
        What impacts for the markets
6. Prudential Regulation
        Basel framework, Capital requirement directive
        Principles, models and rules on liquidity, operational risk
Day 3
7. Anti-money laundering
        EU regulation and recent development
8. Mortgage credit and loans
        Emergence of EU rules, information guidelines
9. Payments
        Introduction to SEPA and Payment Service Directive
        Principles, rules, and organisation
10. Conclusion and summary

Trainer
Benoit Sauvage
Domnul Benoit Sauvage este consultant in domeniul reglementarilor privind pietele financiare la Luxembourg Banker’s Association. Este membru in diferite comitete ale Federatiei Bancare Europene privind pietele de capital si in diferite grupuri de lucru (infrastructura, securitate, presedinte al WG Fund). Domnul Benoit Sauvage este expert in reglementari privind securitatea financiara atat la nivel national cat si la nivelul Uniunii Europene. Experienta dansului consta inclusiv in identificarea unor noi proiecte de reglementari la nivelul Uniunii Europene, evaluarea impactului acestor reglementari cat si desfasurarea unor activitati de lobby atat la nivel national cat si la nivelul Uniunii Europene pentru promovarea intereselor organismelor al caror membru este.

Grup tinta
Angajati din banci si din alte institutii financiare, care doresc sa-si actualizeze cunostintele referitoare la reglementarile europene si la impactul acestora asupra pietelor de capital.

Conditie de participare
buna cunoastere a limbii engleze

Perioada 
Cursul se va desfasura la IBR, pe durata a 2,5 zile, in perioada 19 - 21 octombrie 2011, intre orele 9 – 16 in primele 2 zile si intre orele 9.00 – 12,30 in cea de-a treia zi.

Taxa de participare
Taxa de participare reprezinta contravaloarea a  500 euro/participant/curs la cursul din ziua platii. Taxa de participare trebuie achitata pana la data de 14 septembrie 2011.
Plata se va face in lei in contul Institutului Bancar Roman, numarul RO07 BRMA 0700 0708 9470 0000 deschis la Banca Romaneasca-SMB (pe ordinul de plata va rugam sa specificati numele cursantilor).

Data limita de inscriere: 12 septembrie 2011

Contact
Maria Plaisanu - maria.plaisanu@ibr-rbi.ro
                           021 327 48 93; 0748 886 846
Andreea Paunoiu - andreea.paunoiu@ibr-rbi.ro
                           021 327 48 93; 0748 886 807






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