Name: First EPIF Annual Public Workshop
Start: 2016-11-09T00:00:00+01:00
End: 2016-11-09T23:59:59+01:00

This event has passed.

First EPIF Annual Public Workshop

9 November, 2016

EPIF is deligthed to be histing its First Annual Public Workshop on 9th November in Brussels.

The EPIF half day workshop would aim to bring together up to 100 participants from the membership, potential members, EU policy makers and other important stakeholders to EPIF, such as merchants, corporates, consumers and other representatives of the payment sector.

Programme format:

A half day workshop closed to the media with a networking lunch, panel discussions and keynote speeches.

The workshop would take place on the same day as the Brussels meetings of Senior Executives from the EPIF full members.

Delegate profile:

This event is by invitation only and limited to around 100 high-level regulators, policy makers, academics and firm representatives.

Draft Order of the Day

Discussions and lunch

09:00-09:05 Welcome and Introduction of Keynote Speaker (EPIF Chair, Derrick Brown)

09:05-09:30 Keynote: Olivier Guersent, Director General of DG FISMA

09:30-10:45 Session 1: The Action Plan on Retail Financial Services – Implications for the Payments Sector

The European Commission consulted on ideas to stimulate the cross-border use of financial services. This is part of a wider set of initiatives by the European Commission to reflect changing consumer and user behaviours in financial services and to explore the potential of delivering financial services by digital means. The payments sector has been at the forefront of innovation and competition between banks, non-bank providers, merchants, telecommunications companies and other market entrants. With innovation comes choice but also the challenge of whether and how to organise standardisation and cost reduction.

What are the current trends in the payments sector? What are the users of payment services looking for? How should EU regulation and standard setting be organised? What impact have recent EU regulations, especially the Interchange Fee Regulation, had on the market? How should regulation deal with new technologies, such as crypto currencies? What are the potential security risks and how can these be addressed? How can the payments sector contribute to the objectives of the Digital Single Market?

Possible Panel:

Moderator: Nickolas Reinhardt, Head of the Secretariat

EPIF Executive member
Olivier Salles, European Commission (TBC)
Francisco Tur Hartmann, ECB
Jakob von Weizäcker, MEP
Peteris Zilgalvis, European Commission,Head of Unit, Startups and Innovation Digital Single Market Directorate
Dennis Van Allemeersch, Ecommerce Europe
Gijs Boudewijn, Chair of the EPC Legal Support Group

10:45-11:15 Coffee Break

11:15-12:30 Session 2: Implementing the Payment Services Directive

The purpose of this session would be to discuss the EBA’s Level 2 process in implementing the PSD. The EBA will have clarity at the time of the workshop on a number of important issues, such as passporting and the provisions around strong authentication. The European Commission will also have organised a number of national transposition workshops on the PSD. We also understand that the European Commission is already exploring whether the scope of the PSD should be reconsidered so as to include the operators of virtual currencies or other new innovators.

How is the PSD working in practice? Does it serve as a model for the rest of the world? What are the barriers to the effective functioning of the passport? What have been the observations to date as regards the Level 2 law making process? How can the rules ensure sufficient standardisation while allowing for innovation and changing consumer behaviour? What other EU policy measures are required to further promote the success of the PSD? Can one already identify areas for further revisions to the PSD or would this be too early?

Possible Panel:

Moderator: Elie Beyrouthy, Chair of the Technical Committee