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
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
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)