Back to events

Conference

21 April 2013

Conference: Funding the real economy today and tomorrow

Add to calendar 20130421 9:30 20130421 17:00 Europe/Paris Conference: Funding the real economy today and tomorrow

Financial markets are notorious for their short-termism. Small and medium-sized companies (SME) need long-term financing. Long-term savers preparing for their future are not always well served by financial markets either. Investing today seems to involve long chains of intermediaries who are incentivised with short-term pay awards. So how could financial regulation intervene to help SMEs and transform our economic and social infrastructure for the future?

Stanhope Hotel - Rue du Commerce 9, Brussels Finance Watch contact@finance-watch.org aDFdtugMkzeEXUhHCmVG49806
9:30 - 17:00

Stanhope Hotel, Rue du Commerce 9, Brussels

Financial markets are notorious for their short-termism. Small and medium-sized companies (SME) need long-term financing. Long-term savers preparing for their future are not always well served by financial markets either. Investing today seems to involve long chains of intermediaries who are incentivised with short-term pay awards. So how could financial regulation intervene to help SMEs and transform our economic and social infrastructure for the future?

Finance Watch Conference 23 April 2013

This was the key question discussed at our conference on 23 April 2013 in Brussels, organised together with Confrontations Europe.

Conference Material

  • Download written conference summary (pdf)
  • Download detailed programme (pdf)
  • All conference pictures available on Flickr.
  • Finance Watch Animation on Long-term financing (explained by kids) – short version / long version

Introduction by Thierry Philipponnat, Secretary General Finance Watch (File not available)

Keynote lecture by Philippe Maystadt – Honorary President, European Investment Bank (File not available)

Panel: What sort of funding do entrepreneurs, SMEs and public services need today?

Is there an adequate, sufficiently diverse supply of such funding? Does the size and type of business make a difference? Can financial regulation constrain this type of funding? How could incentives be improved? What is the role for public funding?

  • Gérard Rameix, President, Autorité des Marchés Financiers
  • Miquel Miro, Director, Fundacio Seira
  • Gerhard Huemer, Director of Economic Policy, European Association of Craft, Small and Medium-sized Enterprises
  • Florian Moritz, Deutscher Gewerkschaftsbund
  • Anne-Laure Vannier, CFO, Cleanea

Moderator: Jean-Louis Bancel, President, Crédit Cooperatif Group

Keynote lecture by Olivier Guersent, head of Michel Barnier’s Cabinet

Panel: how can finance help society meet its long-term economic and social challenges?

Why do institutions with a long-term investing profile dedicate only a small portion of their portfolio to long-term investments? What impact could the Green Paper on Long-term Financing have? What dangers must regulators watch out for? What is the role for public funding?

  • David Newhouse, Senior Advisor, Financial Public Affairs – EDF
  • Claire Roumet , Secretary General – Housing Europe (download slides, pdf)
  • M. Nicolas J. Firzli, Managing Director, World Pensions Council (download slides, pdf)
  • Christine Berry, ShareAction (formerly FairPensions)
  • Prof. Stefano Zambon, University of Ferrara, Chairman of WICI Europe (download slides, pdf)
  • Stanislas Dupré, CEO of 2° Investing Initiative (download slides, pdf)

Moderator: Rens Van Tilburg, SOMO

Conclusion by Philippe Herzog (Confrontations Europe)

This conference was organised in cooperation with:

Add to calendar 20130421 9:30 20130421 17:00 Europe/Paris Conference: Funding the real economy today and tomorrow

Financial markets are notorious for their short-termism. Small and medium-sized companies (SME) need long-term financing. Long-term savers preparing for their future are not always well served by financial markets either. Investing today seems to involve long chains of intermediaries who are incentivised with short-term pay awards. So how could financial regulation intervene to help SMEs and transform our economic and social infrastructure for the future?

Stanhope Hotel - Rue du Commerce 9, Brussels Finance Watch contact@finance-watch.org aDFdtugMkzeEXUhHCmVG49806

Location

Stanhope Hotel
Rue du Commerce 9, Brussels

Itinerary