CSIBC - Compliance and Strategy in International Banking Conference

The aim of this conference is to discuss how to transpose the changes relating to the structure of the new supervision and the evolution of the intermediary control process, distinguishing between “Significant Institutions” (hereinafter also “SI”) and “Less Significant Institutions” (hereinafter also “LSI”). The focus is on transposition in Europe and how, since the introduction of the SSM, the NCAs has linked supervision and sanctioning power with the supranational authority. Particular attention is paid to the analysis of the entire control process, in particular on the harmonization of the sanctioning activities of the entire SSM, distinguishing between the ECB’s sanctioning activities for SIs, as well as that relating to the various NCBs for LSIs. Indeed, despite the significant progress made at a European level, it is indeed necessary to analyze the challenges still to be addressed in order to ensure the continued stability of individual banks and consequently of the entire financial system, in order to ensure the full effectiveness of the SSM. This perspective is supported by the fact that this path of improvement can take place, today, and in the future, following a perspective of efficiency, integration and strengthening of the sanctioning activities in the context of European banking supervision. This is because through a constant dialogue between institutions, academics and operators in the sector, it is possible to enrich the path and identify the most appropriate solutions to face the new challenges that emerge at an increasingly pressing pace in the global, European and national banking and financial landscape.