Almost 900 participants are expected at the 8th FMA Supervisory Conference, taking place in the Austria Center Vienna today on the general topic of “New Risks in Integrated Financial Markets: challenges for market participants and integrated supervision”. The progress and risks for European Banking Union as well as the massively increased threat of operational risks such as IT risk, cyber risk or legal risk will be discussed in a number of presentations, discussions and workshops. The keynote addresses will be given by Elke König, Chair of the Single Resolution Board on “Banking Union, what next?” and by Felix Hufeld, President of Germany’s Federal Financial Supervisory Authority (BaFin) on “Operational risks: the biggest challenge for the supervisor”. The Executive Board Members of the Financial Market Authority, representatives of the financial industry and well as European experts and decision-makers. Ewald Nowotny, the Governor of the Oesterreichische Nationalbank (OeNB) and Member of the Governing Council of the European Central Bank (ECB), will present an “Economic Outlook for the Financial Market” at the conference for the first time. Three parallel workshops to be held in afternoon will discuss the issues of “The cyber threat: waiting for the ‘first contact’?”, “Different delivery channels – the same rules? Customer protection under MiFID II, IDD and PRIIPs” and “(Post-)Brexit: how can the European financial market benefit?”
A full conference programme can be found (in German only) at: https://konferenz.fma.gv.at/Aufsichtskonferenz/ak2017/schedule
Journalists may address further enquiries to:
Klaus Grubelnik (FMA Media Spokesperson)
+43/(0)1/24959-6006
+43/(0)676/882 49 516