FIN-FSA conference: EU financial markets today and in the future

We have experienced a health crisis that has undermined economies worldwide. At the same time, the crisis has accelerated many existing trends.

At this conference, we will learn from distinguished speakers how the financial sector has survived the unprecedented shock, how it can retain its resilience in the midst of vulnerabilities and how it can seize opportunities in the new digital and green world.

Venue: Europaea Hall, Marina Congress Center, Helsinki, Finland. Click here for directions
Date: 2 November 2021
Time: 8:30 am – 3:00 pm

The conference will be conducted in English.

Watch the recorded conference webcast

The recorded conference webcast can be found here.

Presentation material

We have published the presentation materials on the FIN-FSA SlideShare account. Please note that some presentations did not use slides.

A written version of the opening speech by Anneli Tuominen can be found here.

Automatically generated transcripts of the speeches that had no slides are also available:

Conference programme

8.30–9.00	Registration and coffee
9.00–9.20	Opening remarks	Ms. Anneli Tuominen Director General, FIN-FSA
9.20–10.00	Banking sector resilience - the post pandemic outlook: How do we see risks and vulnerabilities in banking sector? What are Supervisors’ key lessons learned after pandemic? Are we to see major structural changes? Is there appetite to continue finalisation of the Banking Union after pandemic? What is supervisors’ view on IT challenges and digitalisation opportunities in the banking sector?	Mr. Andrea Enria Chair of the Supervisory Board, European Central Bank
10.00–10.30	Comments on Mr. Enria's speech	Ms. Leena Mörttinen Vice Chairman of the Board, FIN-FSA, Permanent Under-Secretary, Ministry of Finance Mr. Andrea Enria
10.30–11.00	Coffee break
11.00–11.40	Insurance amidst a changing operational and economic environment: Climate change, digitalisation, AI, low interest rate environment, how is insurance coping with these phenomena? Is regulation and supervision keeping pace with the changes, is there may be a need for an "SSM like" EU supervisor?	Mr. Gabriel Bernardino Former Chairman, European Insurance and Occupational Pensions Authority ONLINE PRESENTATION
11.40–12.15	A practitioner's view of the future of the insurance business: We are facing changing operational, technological and economic environments. The changes will affect products and services in the insurance industry, but also risks and results. How will the industry and its customers act and behave as a result of this, and what are the main threats and opportunities?	Mr. Torbjörn Magnusson Group CEO and President, Member of the Group Executive Committee, Sampo Group
12.15–13.15	Lunch
13.15–14.00	Measures towards growth and financial sector stability in the EU: What is the medium-term economic outlook after the pandemic, and what does it require from economic policy/financial sector? What is the role of the new EMU structures, the Capital Markets Union or the green digital transitions?	Mr. John Berrigan Director General in DG FISMA, European Commission ONLINE PRESENTATION
14.00–14.45	Closing Panel Discussion: Structural changes impacting investor behavior: Low yield environment, the accompanying high leverage, high asset valuation and digitalisation have changed investor behaviour. Do we see trends in the market that could in these circumstances cause consumer detriment? What would be the mitigating factors?	Ms. Niina Bergring Head of Life and Non-life Insurance Division, FIN-FSA, panel host Mr. Steffen Kern Chief Economist and Head of Risk Analysis and Economics, European Securities and Markets Authority Ms. Erika Tikka Head of External Fixed Income team, Keva Ms. Sari Lounasmeri CEO of the Finnish Foundation for Share Promotion (Pörssisäätiö)
14.45–15.00	Closing statement and thanks	Ms. Anneli Tuominen