The EU Retail Investment Strategy
Two-day joint international conference on Financial Law organised in collaboration with Tor Vergata University of Rome & University of Luxembourg.
Day 1 - Thursday, 12 September 2024
Sala delle Colonne
12:00 pm Registration and Working Lunch
1:00 pm Welcome Addresses
Giancarlo Giorgetti Italian Minister of Economy and Finance
Nathan Levialdi Ghiron Rector, Tor Vergata University
Mirella Pellegrini Professor of Economic Law, Luiss University
Conference Opening
Raffaele Lener Professor of Financial Markets Law, Tor Vergata University
Keynote Speech: The Role of Financial Literacy in Supporting Retail Investment Decisions
Carmine Di Noia Director for Financial and Enterprise Affairs, OECD and Professor of Financial Markets and Banking, Luiss Business School
2:00 pm Session 1: Setting the Scene – The EU Retail Investment Strategy
Moderator
Dirk Zetzsche Professor of Financial Law and ADA Chair in Financial Law and Inclusive Finance, University of Luxembourg
Regulatory Background / Capital Markets Union 2020 Action Plan
Salvatore Gnoni Head of Unit - Investor Protection and Intermediaries, European Securities and Markets Authority - ESMA
The EU Retail Investment Strategy in the EU Supervisory System
Niamh Moloney Professor of EU Financial Markets Regulation, London School of Economics
Retail Markets: Who (and How) are we Protecting in EU Financial Law?
Filippo Annunziata Professor of Financial Markets and Banking Legislation, Bocconi University
Q&A
3:30 pm Coffee Break
4:00 pm Session 2: New Requirements for Retail Investment Products
Moderator
Julia Sinnig Postdoctoral Researcher in Financial Law and Inclusive Finance, University of Luxembourg
The Application of Suitability and Appropriateness Tests in Relation to Retail Investors
Christos Gortsos Professor of Public Economic Law, National and Kapodistrian University of Athens
FinTech & Finfluencing – The Role of Digitalization for Marketing of Retail Investment Products
Isabelle Riassetto Professor of Commercial Law, University of Luxembourg
Product Governance and Investor Protection
Paola Lucantoni Professor of Financial Markets Law, Tor Vergata University
Q&A
5:30 pm Day 1 Closing Remarks
Filippo Annunziata Professor of Financial Markets and Banking Legislation, Bocconi University
Day 2 - Friday, 13 September 2024
Room 12
9:20 am Day 2 Opening Remarks
Paola Lucantoni Professor of Financial Markets Law, Tor Vergata University
9:30 am Session 3: Effects on Financial Intermediaries
Moderator
Filippo Annunziata Professor of Financial Markets and Banking Legislation, Bocconi University
Costs, Duties and Responsibilities of Financial Intermediaries in the EU Retail Investment Strategy
Dirk Zetzsche Professor of Financial Law and ADA Chair in Financial Law and Inclusive Finance, University of Luxembourg
Fiduciary Duties, Commissions and “Soft Dollars” / “Kickbacks” in the EU Retail Investment Strategy
Rüdiger Veil Professor of Corporate Law and Capital Markets Law, Ludwig-Maximilians-Universität München
Passporting and Single Market Strategies
Dörte Poelzig Chair of Civil Law, Commerical and Corporate Law, University of Hamburg
Enhanced Cooperation of Supervisory Authorities and its Consequences for Financial Intermediaries
Chiara Mosca Commissioner, CONSOB
Q&A
11:00 am Coffee Break
11:30 am Session 4: Practical Impact of the EU Retail Investment Strategy (I)
Moderator
Paola Lucantoni Professor of Financial Markets Law, Tor Vergata University
The Impact of Financial Literacy on Retail Investment Decisions
Magda Bianco Director General for Consumer Protection and Financial Education, Bank of Italy
The Value for Money Principle
Vincenzo Troiano Professor of Economic Law, University of Perugia
“Consolidated Tape” and “Payment for Order Flow”: A Retail Investor Perspective
Michele Siri Professor of Business Law, University of Genoa
Matteo Gargantini Professor of Business Law, University of Genoa
Q&A
1:00 pm Lunch Break
2:00 pm Session 5: Practical Impact of the EU Retail Investment Strategy (II) and Looking Forward
Moderator
Valerio Lemma Professor of Law and Economics, University of Rome Guglielmo Marconi
Digital Assets and EU Retail Investment Strategy
Rolf H. Weber Professor of International Business Law, University of Zurich
The Potential for RegTech in the EU Retail Investment Strategy
Douglas Arner Kerry Holdings Professor in Law, University of Hong Kong
The Role of Sustainability in the EU Retail Investment Strategy
Julia Sinnig Postdoctoral Researcher in Financial Law and Inclusive Finance, University of Luxembourg
Q&A
3:30 pm Day 2 Closing Remarks
Dirk Zetzsche Professor of Financial Law and ADA Chair in Financial Law and Inclusive Finance, University of Luxembourg
Conference Closing Remarks
Paolo Boccardelli Rector, Luiss University
Scientific Organisation: Prof. Dr. Paola Lucantoni, Dr. Julia Sinnig, Prof. Dr. Filippo Annunziata, Prof. Dr. Raffaele Lener, Prof. Dr. Dirk Zetzsche
Logistic organisation: Sofia Maria Lener, Dr. Rosanna Magliano, Meike Philipp-Ries
