About this learning event
It can be expected that the rapid changes seen in recent years in payment instruments and in payment and securities settlement infrastructure will continue in the future.
This workshop provides an overview of the main developments within the wholesale European payments and securities settlement systems, oversight on these systems and latest developments. The event also focuses on the monetary policy framework and the implementation within the relevant systems.
What you will learn
The following topics will be discussed during the workshop:
- The world of securities
- TARGET2 securities
- TARGET2
- Liquidity management in the (near) future
- Oversight on wholesale settlement systems
- Regulatory developments (Code of Conduct, MiFID-I and II, CSD Regulation, SLD, EMIR etc.)
- CPSS-IOSCO principles for financial markets infrastructures
- Eurosystem operational monetary policy framework
- Eurosystem operational collateral framework
- Bilateral margin requirements
How you will benefit
The workshop will enable participants to have the latest insight into changes of instruments and in payment and securities settlement infrastructure. As the crisis could be also a challenge and development opportunity for banks, the participants will participate in discussions and try to find positive outcomes for their institution or country.
Who should attend
The workshop has been designed for policy makers and experts from central banks, ministries of finance and economic affairs as well as officials from supervisory institutions.
Faculty
Jaap Mauritz, Senior Policy Advisor, Payment Systems Policy Department, De Nederlandsche Bank, The Netherlands
Jaap has worked at the De Nederlandsche Bank for more than 35 years.
This is his background information in more detail:
- 1976 - 1982: Accounting department.
- 1982 - 1992: ICT-Project manager.
- 1992 - 1998: Head of Payments systems and Back-office.
- 1998 - 2004: Head of Payments systems (TARGET).
- 2004 - 2008: Head of Back-office and Collateral Management (CCBM).
Currently, Jaap is a Senior Policy Advisor with main area of interest: the securities infrastructure. Jaap is the chair of the National User Group on TARGET2Securites and member of the Dutch Advisory Committee on Securities Industries, Dutch Working Group on Liquidity Management and the COGESI.
Mieke Wennekes, Senior Overseer, Oversight Department, Cash and Payment Systems Division, De Nederlandsche Bank, The Netherlands
Mieke Wennekes was educated at the Free University of Amsterdam (Business Administration) and the University of Amsterdam (Tax Law). Mieke has worked in several risk management functions in the banking sector before joining the Netherlands Authority for the Financial Markets and later De Nederlandsche Bank, first as a policy advisor and later as an overseer.
Mieke is currently working as a senior overseer with a focus on the oversight on clearing and settlement. She is among others responsible for the oversight on EMCF and HCH, the Dutch CCPs and LCH.Clearnet. Furthermore, she is involved in the oversight on Euroclear and contributes to the work of developing standards for CCPs within EMIR, the work on CPSS-IOSCO Principles for Financial Market Infrastructures and the Working Group on Margining Requirements.
Application procedure
Application Closing Date: May 16,2014
