Some 200 participants will look at sustainable finance from the people aspect during the 21 November ESBG Retail Banking Conference in Brussels. The one-day event will bring together EU policymakers, C-Suite bankers, and financial sector experts to hear from those shaping a sustainable financial future. Policymakers from EU institutions scheduled to speak, including from the European Central Bank, will provide insight into ideas shaping EU banking rules on this topic. ESBG organisers foresee participation from lawmakers and industry meaders, including those from the European Parliament, Europe's savings and retail banks along with payments experts and think tanks.
Held at the Sofitel Place Jourdan in Brussels, the conference provides a forum for exchange of views among policy and banking leaders and experts on topics such as Basel III completion, non-performing assets and proportionality. More specifically, participants will discern where the tipping point lies between necessary regulation and regulatory rage. They will also explore how banking supervision and regulation can help ensure banks are not only safe, but also play their special role that works for the economy and European citizens. Among voices within the debate, locally focused savings and retail banks and some policymakers alike argue for different regulatory regimes for different banking models. Doing so would help local and regional banks – oftentimes smaller and less risky – to compete on an equal footing with other players. Doing so would give Europeans, especially jobs-creating small and medium-sized firms, better access to much-needed finance.
Experts who focus on sustainability argue that it should be framed as "more than green". Often overlooked, this social dimension to sustainability could benefit from rules arothat take into account a policy measure's social impact. Policy should avoid creating side effect that might restrict, for example, access to financial services or cause unwanted social effects like job losses and social-economic divide. To avoid that unwanted outcome, there is need for a sustainability-oriented mindset change in Europe. Participants will look at ways to along people bring it about. They will also explore how the savings and retail banking sector can contribute.
One of the cornerstones of a modern financial infrastructure, payments contribute to Europe's economic welfare. European payment systems – instant payments included – can contribute to European sovereignty on payments. Discussion will look at the state of play on the regulatory front and how banks, policymakers and other players can work together to ensure a more robust 21st century payments system in Europe.