Financial indices and benchmark settings: The road ahead for Europe
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.
