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.
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.
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?
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?
Moderator: Elie Beyrouthy, Chair of the Technical Committee
- EPIF Executive member
- Philippe Pelle, European Commission
- Dirk Haubrich, EBA
- Nilixa Devlukia, FCA
- Simon Newstead, Representative of Payment Infrastructure, VocaLink
- Antonio H. García del Riego, Santander Bank
12:30-12:50 Keynote: Vicky Ford, MEP
12:50-13:00 Closing by an EPIF Executive member
Hosted By: EPIF