Agenda
New legislation impacting payment services in the EEA has raised as many questions as it has addressed. This includes the Fourth Money Laundering Directive (4MLD), the Fund Transfer Regulation (FTR), the second Payment Services Directive (PSD2), and the Interchange Fee Regulation (IFR).
The EMA conference will take a close look at the issues that have not yet been resolved or which will now be considered by the European Banking Authority as they draft technical standards or guidelines. We will also focus on other provisions that open up new areas for business, or conversely that have the potential of creating barriers for business.
The conference will also take a broader look at regulatory developments in the payments space across the globe, as well as at the regulation of new and emerging payment technologies such as digital currencies.
Day 1: 20 October 2015
Payment Services Directive (PSD2)
| 09:20 | Introduction by the Chair | Thaer Sabri, CEO of the Electronic Money Association |
| 09:30 | PSD2 Objectives and outcomes: keynote | Silvia Kersemakers, Krzysztof Zurek, retail financial services and payments unit, Directorate-General for Financial Stability, Financial Services and Capital Markets Union (FISMA), European Commission |
| 09:50 | Alternative business models introduced by PSD2, including TPPs and account aggregators: panel | Ralf Ohlhausen, chief strategy officer, PPRO
Georg Schardt, managing director, Sofort |
| 10:30 | Coffee break | |
| 11:00 | Access to payment schemes: UK Payment Systems Regulator’s Indirect Access Review | Philip Taylor, senior lawyer, UK Payment Systems Regulator |
| 11:15 | Access to bank accounts and to payment systems: panel discussion | Wolfgang Maschek, senior counsel and head of EU regulatory and public affairs, Western Union
Mike Smith, board director, Raphaels Bank Dora Ziambra, head of business development, Azimo Des Helicar-Bowman, director of risk and compliance, Q-Money Philip Taylor, senior lawyer, UK Payment Systems Regulator |
| 12:00 | Negative scope provisions: limited network, agency, and IT operator exemptions | Nilixa Devlukia, technical specialist, banking and payments, Financial Conduct Authority |
| 12:30 | Lunch break | |
| 13:25 | IT security – Outline of next steps for PSD2: keynote | Geoffroy Goffinet, lead on PSD2, consumer protection and financial innovation team, European Banking Authority |
| 13:55 |
IT Security: industry overview of PSD2 IT Security provisions and their potential impact on PSPs |
Dimitrios Markakis, senior advisor, EMA |
| 14:15 | IT Security – In depth discussion of PSD2 provisions: panel discussion | Geoffroy Goffinet, lead on PSD2, consumer protection and financial innovation team, European Banking Authority
Ignacio González-Páramo, vice president, global compliance, Payvision Dimitrios Markakis, senior advisor, EMA |
| 15:00 | Coffee break | |
| 15:30 | Balance of regulatory competence between home and host Member States | Nadia Manzari, head of innovation, payments, market infrastructures and governance, Luxembourg regulator CSSF
Maximilian von Both, vice president of group compliance and regulatory affairs, Skrill |
| 16:15 | 4MLD and FTR: An overview | Philip Robinson, senior advisor, EMA (previously head of financial crime UK FSA)
and Thaer Sabri, CEO of the EMA |
| 16:55 | Concluding remarks | Thaer Sabri, CEO of the Electronic Money Association |
Day 2: 21st October 2015
| 09:00 | Data protection: An overview of recent developments | Qazi Jalisi, senior advisor, EMA |
Theme: International payments regulation |
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| 09:15 | Hong Kong: The new payments regime and the impact on cross-border providers | Josiah Lam, senior manager, financial infrastructure department at Hong Kong Monetary Authority |
| 09:55 | Australia: Update on payments legislation | Rhys Bollen, assistant commissioner, policy and strategy, at Fair Trading NSW Australia |
| 10:35 | Coffee break | |
| 11:00 | Turkey: The new e-money and payments regime; impact on EU providers | Mehmet Yurticek, senior banking specialist and legal affairs coordinator, Banking Regulation and Supervision Agency of Turkey |
| 11:40 | Ghana: Regulatory reform to advance financial inclusion in Ghana | Elly Ohene-Adu, head of banking department, Bank of Ghana |
| 12:20 | Lunch break | |
| 13:20 | Japan: Current payments legislation and the value of a calibrated regime | Dr Taiji Inui, senior manager at NTT DATA Corporation |
| 14:00 | US: Developments in payments legislation | John Muller, vice president, global payments policy, PayPal |
| 14:40 | The challenge of complying globally with multiple jurisdictions | Robert Caplehorn, previously at PayPal, head of legal EMEA and Asia-Pac |
| 15:10 | Coffee break | |
Theme: Digital currencies |
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| 15:30 | The Experience of bitcoin regulation in the US; the NY BitLicense | Juan Suarez, general counsel, Coinbase |
| 16:00 | Standards as an alternative to regulation | Steven Wilson, senior consultant, British Standards Institute Group |
| 16:20 |
Evolution of regulation of virtual currencies in Australia | Rhys Bollen, assistant commissioner, policy and strategy, at Fair Trading NSW Australia |
| 16:40 | Ideas for the regulation of digital currencies: panel discussion | Juan Suarez, general counsel, Coinbase
Steven Wilson, senior consultant, British Standards Institute Group Rhys Bollen, assistant commissioner, policy and strategy, at Fair Trading NSW Australia |
| 17:00 | Concluding remarks | Philip Robinson, senior advisor, EMA (previously head of financial crime UK FSA) |