The future for payments policy - infrastructure, regulation and consumer priorities
Description changed:
Bringing together key policymakers and stakeholders from across the financial services sector, this timely conference will discuss the future for payments policy and regulation in the UK.
Delegates will assess the future of proposals set out in the European Commission’s recently revised Directive on Payments Services (PSD2) - particularly relating to the UK’s position in light of the EU Referendum - following the publication of the European Banking Authorities finalised Regulatory and Technical Standards on passporting under PSD2 later this year. The seminar will also consider the impact of the Financial Conduct Authority’s current consultation on the guidance provided to firms in complying with the future payment services regime.
Planned sessions focus on next steps for facilitating innovation and competitiveness across payments markets, whilst also ensuring adequate safeguards for consumers - particularly in terms of payment security and tackling financial fraud. Delegates will also have the opportunity to consider latest challenges in developing competitiveness in UK payments infrastructure, in light of the Payment System Regulator’s ongoing market studies on indirect access and ownership of payments systems.
Speakers and other delegates at this conference are expected to be a senior and informed group including Members of both Houses of Parliament, senior UK and European officials, together with academics, banks, building societies, charities, commentators, consultants, consumer groups, infrastructure providers, intermediaries, lawyers, merchant acquirers, money remitters, payments service users, payments system operators and technology firms, as well as members of the national and trade press.
At this early stage we are delighted that Andrea Enria, Chairperson, European Banking Authority
Sarah Francis, Consultant, Polymath Consulting; Fiona Ghosh, Partner, Payment Systems Group, Addleshaw Goddard; Simon Grossman, Vice President, Regulatory and Public Policy, MasterCard; Jeremy Light, Managing Director, Accenture Payment Services; Carl Packman, Research and Good Practice Manager, Toynbee Hall and a speaker confirmed from Bacs have also agreed to speak.
FinTech in the UK - next steps for regulation, skills and investment
Description changed:
This conference will focus on key challenges and opportunities for developing the UK’s FinTech industry.
Delegates will have the opportunity to engage with officials and frontline stakeholders on a range of issues and opportunities for the industry, including latest thinking on improving sector skills, attracting investment, and developing a regulatory framework that supports innovation and consumer protection.
The conference is scheduled to facilitate discussion on the Financial Conduct Authority’s recently introduced Regulatory Sandbox - which seeks to create a ‘safe space’ for businesses to test innovative financial products - and also follows the regulator's current consultation on supporting the development of RegTech, which is expected to report this summer. The event is also timed as HM Treasury considers feedback from its recent consultation on developing a draft innovation plan for financial services.
Sessions will discuss next steps for encouraging further growth and skills within key sectors such as P2P and digital currencies, as well as developing the growth of UK FinTech companies regionally and internationally - such as how best to develop further FinTech ‘bridges’ and Financial Centres of Excellence, aimed at attracting further international investment.
Speakers and other delegates at this conference are expected to be a senior and informed group including Members of both Houses of Parliament, senior officials from Central Government and the FCA, alongside a range of industry representatives from across the financial services sector - including those working in banks, investment and savings platforms, payment services, crowdfunding and insurance - as well as technology and regulatory experts, business groups, consumer bodies and national and trade press.
At this early stage we are delighted that Daniel Turnbull, Head of Competition in Banking Services Unit, Banking & Credit Team, HM Treasury and Bob Ferguson, Head of Department, Project Innovate, Financial Conduct Authority have kindly agreed to speak at this event.
Further confirmed speakers include: Kirstene Baillie, Partner and Head of Financial Services and Funds Group, Fieldfisher; Imran Gulamhuseinwala, Partner, FinTech Leader, Ernst & Young; Rhydian Lewis, Founder and Chief Executive Officer, RateSetter; Diana Paredes, Chief Executive Officer and Co-Founder, Suade; Peter Pledger, Chief Executive Officer, National Academy for Financial Services and Jeff Salway, Member, Financial Services Consumer Panel.
Adam Afriyie MP, Chair, All-Party Parliamentary Group on FinTech has kindly agreed to chair a session at this event.
Banking reform in the UK - competition, innovation, standards, and market stability
Description changed:
This timely seminar will discuss key policy priorities ahead for the UK’s banking sector.
Delegates will have the opportunity to engage with policymakers and regulators on key issues facing the industry, and share latest thinking on accountability and ethics, market stability, competition and innovation.
The conference is scheduled to facilitate discussion on the final report of the Competition and Market Authority’s Retail Banking Market Investigation this summer, which is expected to include measures to encourage account switching and overdraft management, and to limit the cumulative effects of unarranged charges. Sessions will also focus on regulatory changes ahead for the sector, particularly in light of the introduction of the Senior Managers and Certification Regime earlier this year, and the expected implementation of the Ring-Fence in January 2019.
This meeting will bring together Members of both Houses of Parliament, senior officials from HM Treasury, the Bank of England, PRA, FCA and other relevant departments, as well as banks, mutual and alternative credit providers, lawyers, consumer groups, business and academia, alongside members of the national and trade press.
New!Title changed:Westminster Business ForumEdited at by WMF