Date: 26 September 2022
Duration: 2 days
Location: Luxembourg (LU)
Cost: € 810 - € 900
Organiser: ECJL - European Centre for Judges and Lawyers/EIPA Luxembourg
In March 2019, the European Parliament and the Member States reached a political agreement to reform the current system of financial supervision with a view of strengthening the macro- and micro-prudential supervision at the EU level. This course explains the legal system for financial services regulation and supervision before and after the reform and it clarifies the distribution of competences between the national and the EU level and the implementation of laws at both levels.
In this course, participants will learn about the respective roles and powers of various actors involved in the decision-making in financial services, with a particular emphasis on the tasks of the EU supervisory authorities (ESAs).
This course will also show participants the current status in the transposition of the EC’s CAD/CAR IV in the financial sector and the roles played by the SSM and the ECB in banking supervision.
Finally, the different legal proceedings which can be initiated before the Court of Justice of the EU to challenge the legality of the actions of the ESAs, the ECB and the SRB will be thoroughly examined.
Are you working on financial services files and you are keen on gaining a clear overview of the number of regulatory components that compose the so-called EU Financial Services Law? Would you like to know about the adoption mechanisms of the EU financial legal instruments, and who contributed to their adoption? Are you aware the different procedures which can be initiated by natural and legal persons to contest the legality of these EU financial instruments?
The course sessions will be conducted by experts providing a presentation on key topics, illustrated with examples and cases from financial legal practice. All sessions will be followed by Q&A periods allowing for the exchange of ideas and discussion periods where participants will have the possibility to share professional experiences.