MASTER
 
 

Regulating FinTech: An expression of the EU’s societal values

By LSE Law School (other events)

Wednesday, November 1 2023 6:00 PM 7:30 PM BST
 
ABOUT ABOUT

José Manuel Campa, Chairperson of the European Banking Authority, will explore how societal values are informing the EU’s approach to the regulation of FinTech. He will explore the different, and sometimes competing, elements that inform decisions about where to draw the perimeter of regulation, and techniques to create effective frameworks to incentivise risk management, decision-making and conduct of business within the financial sector.

Speaker: Professor José Manuel Campa, Chairperson, European Banking Authority 

José Manuel Campa, is the Chairperson of the European Banking Authority (EBA), an agency of the European Union which works to ensure effective and consistent regulation and supervision of the EU’s banking and payments sectors. From 2015, and prior to this appointment, Campa served as Global Head of Regulatory Affairs, for the Grupo Santander. Prior to that, he was Professor of Finance and Economics at IESE Business School. Between 2009 and 2011 Mr Campa served as Secretary of State for the Economy in the Ministry of Economy and Finances of Spain. He was a member of the Financial Stability Board, the board of the European Financial Stability Facility, the Economic and Financial Committee and alternate governor in multilateral financial institutions. He has served in the Expert Group, chair by Mr. Erkki Liikanen, evaluating policy recommendations on structural reforms for the European Banking industry, in the aftermath of the 2008-2010 Financial Crisis. José Manuel Campa holds a Ph.D. and a master degree in economics from Harvard University and a Licenciatura in law and in economics from the Universidad de Oviedo.

Chair: Professor Andrés Velasco, Dean of the School of Public Policy, LSE

Andrés Velasco is the Dean of the School of Public Policy at the London School of Economics and Political Science. In 2017-18 he was a member of the G20 Eminent Persons Group. During 2015-16 he co-chaired the Global Panel on the Future of the Multilateral Lending Institutions. In 2013-16 he was a member of the Global Oceans Commission. Mr. Velasco was a presidential candidate in Chile in 2013. He also was the Minister of Finance of Chile between March 2006 and March 2010. In 2013-17 Mr. Velasco served as Professor of Professional Practice in International Development at the School of International and Public Affairs, Columbia University. In 2000-06 he was Sumitomo-FASID Professor of International Finance and Development at the Harvard Kennedy School. Earlier he was Associate Professor of Economics and Director of the Center for Latin American and Caribbean Studies at New York University. Andrés Velasco received a B.A. in economics and philosophy and an M.A. in international relations from Yale University. He holds a Ph.D. in economics from Columbia University and was a postdoctoral fellow in political economy at Harvard University and the Massachusetts Institute of Technology.

Discussant: Dr Philipp Paech, Associate Professor of Law, LSE

Philipp Paech is an Associate Professor of Law at LSE and has been an educator, researcher, and policy consultant specialising in the regulation and law of financial services for over 20 years. Since 2017, he has focused on the regulation of Digital Finance. He served as the chair of an EU Commission expert group on this subject (‘ROFIEG’), and the group’s recommendations became a foundational document for the EU Digital Finance Strategy. Philipp teaches and conducts research at the London School of Economics and Political Science, where his educational portfolio includes master’s courses in International Financial Regulation and International Financial Law. He also convenes four executive master courses, one of which focuses on Digital Finance. Philipp is a Distinguished Global Professor of Law at Notre Dame University in the USA and is an attorney-at-law in Frankfurt, Germany. He consults for institutional clients in London and Frankfurt. His clients include the UK Foreign and Commonwealth Office, Santander, BVBA, the Central Bank of Ireland, and the European Parliament and the European Central Bank. He has lived and worked in six countries.