Seminar Banking Union: The New Frontier of Financial Regulation in the European Union

Thursday, February 18, 2016 - 18:54

The seminar "Banking Union: The New Frontier of Financial Regulation in the European Union", took place on January 25th and 26th, aiming to provide a comprehensive and integrated vision of the Banking Union since its genesis to its current functioning and future perspectives.

The opening of the seminar was in charge of Professor Francisco Veloso, Dean of Católica Lisbon School of Business & Economics and Carlos da Silva Costa, Governor of Banco de Portugal.

Followed by a panel of personalities, experts and decision-makers, who have a unique knowledge of the subject, including the former President of the European Commission, José Manuel Barroso and António Vitorino, President of the Institute Jacques Delors.

On the first day of the event, the President of the Competition Authority, António Ferreira Gomes and Johannes Laitenberger, General Director of DG Competition, focused on the subject of the Banking Union and its decisive role in a more balanced competition in the single market.

The President of the National Communications Authority (ANACOM), Fátima Barros and the guest speakers Michelle Sutton, Deputy Head of Cabinet, Vice President Frans Timmerman, European Commission and António Cabral, Senior Advisor to Mr. Barroso (2004-2014) approached the genesis and the elements that contributed to the formation of the Banking Union.

The functioning of the Banking Union was the first theme of the afternoon that day, which was approached by Isabel Horta Correia, Banco de Portugal, and guest speakers, Pedro Duarte Neves, Deputy Governor of Banco de Portugal and Vice Chairman of European Banking Authority and Mauro Grande, Strategy and Coordination Director, Single Board Resolution.

José Manuel Barroso closed the first day of the seminar with a reflection about the Banking Union and the problem of decision-making in turbulent times.

Manuel Sebastião (Redes Energéticas Nacionais), António Varela (administrator of Banco de Portugal and member of the Single Supervisory Board) and José de Matos (President of Caixa Geral de Depósitos) began the second day of the seminar with the development and conclusions about the functioning of the Banking Union topic.

Rui Leão Martinho, Chairman of Ordem dos Economistas, António Domingues, Vice-President of Banco BPI and Gabriela Figueiredo, Vice-President of the CMVM, have also intervened and have brought to the discussion the challenges for the Banking Union and the Capital Markets Union.

The Rector of the Universidade Católica Portuguesa, Maria da Glória Garcia, closed the seminar along with António Vitorino, President of the Institute Jacques Delors, who addressed, within the theme of the Banking Union and Capital Markets Union, the future of Europe’s finance.

This seminar audience counted with the presence of a large group of personalities, also related to the topics covered, who came to participate in this event sponsored by the CATÓLICA-LISBON Executive Education.

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