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24 noiembrie 2020

 


General Information


The 2020 edition is marked by a pandemic impact on the financial services sector and in particular on financial education and national certifications, which continues despite social restrictions. Adapting communication messages to the online environment, transferring training and certification activities to platforms - are they enough to reinvent financial education in times of financial crisis and uncertainty? Financial education has become a long-term political priority in many countries and economies, and is recognized as an important complement to market conduct, prudential regulation, and financial inclusion. As of May 2020, more than 70 countries and economies around the world have been designing or implementing national financial education strategies. In October 2020, the OECD Council approved a series of recommendations on financial education - a unique tool for ministries, public authorities and relevant stakeholders in their efforts to design, implement and evaluate financial education policies.

  • What should be the financial education models designed to support consumers or companies in such times?

  • Can both the pace and the quality of the steps initiated by the market and the regulator to increase the degree of financial education be maintained?

  • To what extent can a unique and sustained process of assessing the professional competencies of insurance staff contribute to improving the relationship with the consumer of insurance services?

  • What alternatives exist internationally to increase the professionalization of financial markets - from similar experiences?

 

The Event is broadcast on ZOOM and on the ISF Facebook page

 

 

Gold Partners

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Erste

 

 

Special Partner

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Media partner                                                                              

 

    with the support of   x

 

The event will take place online on Tuesday, November 24, 2020 at 12.00.

THE EVENT'S AGENDA
12.00-12.40 Official speeches

Prof..dr. Nicu MARCU, ASF

Timothy Shakesby,  EIOPA

Flore-Anne MESSY, OECD/INFE presentation here

Verena ROSS, ESMA

           Valentin IONESCU, ISF

Prof.univ.dr. Marian SIMINICĂ,  ISF

Prof.univ.dr. Dorel Paraschiv, ASE Bucharest

Adrian MARIN, UNSAR presentation here

Mihnea BĂRBULESCU, ERSTE Asset Management Romania

Alexandra SMEDOIU, CFA

Antonio SOUVANNASOUCK

12.40-13.30 Debate: Financial education - a national priority for the next decade (2021-2030)The session includes a debate on the proposal for a comprehensive, comprehensive plan for financial education in non-bank financial markets, based on OECD recommendations on financial education, adopted by the OECD Council on 29 October 2020. Experiences and proposals will be shared in the interactive debate. ideas on how financial education and training can support the financial resilience of consumers of financial services. Representatives of decision-makers, professional associations, practitioners and other stakeholders participate in the debate.

13.30-13.40 Launch of the Journal of Financial Studies

         13.40-14.30 Debate: News in the certification of insurance staff Following the emergence of legislative changes on training and financial certification in insurance, the debate proposes to discuss some practical aspects of the application of the FSA rule, starting from the experiences registered in the year of application of the old form. The debate is attended by representatives of the Financial Supervisory Authority, the Institute of Financial Studies and professional associations.


Contact

evenimente@isf.ro

The Event is broadcast on ZOOM and on the ISF Facebook page

 

 

Nicu Marcu

Prof. dr. Nicu MARCU
President of 
ASF

 

Mr. Nicu Marcu, President of ASF- In June 2020, Mr. Nicu Marcu was appointed by the Parliament of Romania President of the Financial Supervisory Authority (ASF). As President of ASF, he is also a member of the National Committee for Macroprudential Supervision (CNSM). Mr. Nicu Marcu's professional experience includes positions with management and coordination responsibilities such as Vice President of the Court of Accounts of Romania (CCR), Secretary General and Director of the National Agency for Fiscal Administration (ANAF). Mr. Marcu also held the positions of President of the National Integrity Council, Director General of the General Directorate of Budget-Finance and European Funds in the Ministry of Agriculture, Forests and Rural Development. Mr. Nicu Marcu also led, as President, the activity of the Commission for education, science, youth and sports in the Chamber of Deputies. With a didactic and research activity of 20 years in the field of economic university education, Mr. Nicu Marcu held the position of Vice-Rector and then member of the Senate of the University of Craiova, being currently professor of the Academy of Economic Studies in Bucharest and Director of the Doctoral School. Economics II within the Bucharest Academy of Economic Studies. A graduate in Economics and Law, Mr. Nicu Marcu holds a PhD in accounting. He is the author and co-author of several books and articles published in specialized magazines, both in the country and abroad.

 

 

 

Daniel Armeanu

Ștefan Daniel ARMEANU
Vice President of ASF

Mr. Daniel ARMEANU is the Vice President of the Financial Supervisory Authority (ASF), in charge of the Private Pensions Sector, from November 2018. Previously, starting in November 2014, he was a non-executive member of the ASF Council. With more than 20 years experience in the field of economic university education, Mr. Armeanu is currently a doctoral professor at the Faculty of Finance, Insurance, Banks and Stock exchanges within the Academy of Economic Studies (ASE) in Bucharest. Since 1998, he has been, in turn, trainer, assistant, university lecturer doctor and associate professor doctorate at ASE, but also lecturer at the Romanian Banking Institute and doctoral professor at the Faculty of Administration and Business at the University of Bucharest. Between 2007 and 2013, he acted in two insurance companies in Romania. Mr. ftefan Daniel Armeanu is a doctor and doctoral supervisor in Finance-Insurance of the Academy of Economic Studies. He is a graduate of the Faculty of Finance, Insurance, Banks and Stock Exchange (ASE) and of the Faculty of Mathematics (University of Bucharest), but also of two master's programs. He is a member of the National Center of Excellence in Comparative Management Studies within the Management Faculty (ASE), was a founding member of the Financial-Monetary Research Center of the Faculty of Finance (ASE) and a laureate of Professor Bologna. Since 2009, Mr. Armeanu has been present in the Top 5% of Romanian authors, realized by ROPEC, being author or co-author of over 15 books, but also of numerous articles and specialized studies.

 

Valentin Ionescu

Valentin IONESCU     President of ISF,
Manager of 
Strategy and Financial Stability Department,
ASF

 

Valentin Ionescu Director of the Financial Stability and Strategy Directorate of ASF and President of Institute of Financial Studies. He has been active for 18 years in various private companies in the country and abroad, in the field of investments in the capital market. In the ASF he held the position of Director of the Directorate for Strategy and Financial Stability. He also held the position of Director of the Integrated Supervision Directorate (2013 - 2014) and Director of the Insurance Regulatory Authorization Directorate (2017-2019). The professional activity also includes positions such as General Manager of the Bucharest Stock Exchange, Member in CA at Sibex, SIF Moldova (2012 - 2013) and Chairman of the Central Depository CA, but also international experience - Euro Invest Bank Gmbh Austria (Head of Sales, 2009 - 2010) and Wood & Co Czech Republic (Senior Sales Trader, 2007-2009). Mr. Valentin Ionescu graduated from the Academy of Economic Studies, Faculty of Commerce, has an MBA from CNAM Paris and a Certificate in Finance from George Town University US. He is an active member of various committees of ESMA and EIOPA. Attends as a guest at the CNSM meeting

 

Albu Lucian

Acad. Lucian ALBU 
President of Scientific Council, 
ISF

Academician Lucian Liviu Albu, economist, full member of the Romanian Academy. He is the director of the Institute of Economic Forecasting, PhD supervisor at the Romanian Academy and founder of the Romanian Journal of Economic Forecasting (the first ISI journal for economics in Romania). In 2000 he was the Minister of Labor and Social Protection in the Isărescu Government, in the period 2010-2019 he was a member of the first Fiscal Council in Romania and since 2019 he is the president of the Scientific Council of the Institute of Financial Studies. He has participated in numerous research projects in the country and abroad (European Commission, World Bank, UN, USAID, Belgian Fund for Scientific Research, Flemish Research Fund, British Academy, CINADCO, GDN, etc.), as well as in foreign exchanges of the Romanian Academy. He has benefited from two long-term research internships through EU projects at the Sorbonne, CEPREMAP (Felow Researcher) and the University of Leicester, CEES (Honorary Visiting Professor), and has collaborated with prestigious Western professors and researchers (including Nobel laureates in economics), participating in more than 100 international conferences (including as a special guest) and numerous scholarships, grants and research internships, at prestigious institutes and universities abroad (mostly in EU countries, but also in China, Switzerland, Iceland, Israel, Russia, USA, Taiwan and Turkey). He is a member of a number of professional, national and international organizations, companies or associations: the National Statistical Council, ARCOR (Romanian Association for the Club of Rome), EcoMod (Global Economic Modeling Network), EGGE, European Union (national expert), The Advisory Board of the Academy of Economic Studies and the Doctoral Schools Council (Finance and Cybernetics and Economic Statistics), the Board of Directors of CNR-CME (Romanian National Committee - World Energy Council, member of the Romanian Academy), The European Academy ), GLO (Global Labor Organization), EBES (Eurasia Business and Economics Society) etc.

 

 

 

verena ross

Verena ROSS
Executive Director,

ESMA

Verena ROSS is the Executive Director of the European Securities and Markets Authority (ESMA). She was appointed to the role in March 2011 and joined ESMA on 1 June 2011. She is the first Executive Director of the organisation and forms part of the senior management team along with the Chair of ESMA. The Executive Director has responsibility for the day-to-day running of the organisation. Prior to this, Verena held a number of senior posts in the UK's Financial Services Authority (FSA), with her final position being Director of the International Division from October 2009 to May 2011. Verena was also a member of the FSA's Executive Committee and the Executive Policy and Risk Committees. Verena joined the FSA in 1998 to run the Executive Chairman’s office during the regulator’s start-up phase, and was briefly a seconded advisor to the Hong Kong Securities and Futures Commission in 2000. She subsequently held various positions in the Markets Division and was Director of the Strategy & Risk Division before becoming Director of the International Division. Verena is a German national. Following studies in Hamburg, Taipei and London (SOAS) she began her career at the Bank of England in 1994, where she worked as an economist and then banking supervisor.

 

Tim Shakesby

Tim SHAKESBY
Team Leader of the Conduct of Business Oversight
,
EIOPA

 

Dr. Tim SHAKESBY joined the European Insurance and Occupational Pensions Authority (EIOPA) in December 2013 as Principal Expert on Financial Innovation.He currently is the Head of EIOPA’s Conduct of Business Oversight Unit, driving forwards convergence in conduct supervisory practices across the EU, work on identifying and reacting to emergent conduct risks, and conduct parts of EIOPA’s work on Digitalisation. He previously led work on complex investment products, including chairing the joint European Supervisory Authority (ESA) work under the Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulation. Prior to EIOPA he was seconded to the European Commission for five years, where he worked on asset management and consumer protection issues, including on UCITS and developing frameworks for investment funds focused on growth and sustainability goals. He started his regulatory career as a policy advisor on retail market issues at the UK Financial Services Authority (FSA), where he led work to overhaul rules on projection and cost disclosures for insurance and personal pensions