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 Bothvice 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)