Deutsche Bundesbank – IWH – CEPR Conference on The Future of Financial Intermediation: Opportunities and Challenges Posed by Regulatory Reforms and New Technologies

9-10 November 2017, Germany

Submission Deadline: 31 May 2017

The Deutsche Bundesbank – IWH – CEPR Conference on The Future of Financial Intermediation: Opportunities and Challenges Posed by Regulatory Reforms and New Technologies will be held at the Deutsche Bundesbank’s Conference Centre in Eltville near Frankfurt/Main, Germany, on 9-10 November 2017.

The finalization of the Basel III package fundamentally changes the regulatory environment of financial intermediaries. Other rules to foster the soundness and stability of the financial system, such as the resolution framework or the OTC derivatives market reform, are about to be implemented, while the digitization of financial services provision changes the infrastructure of financial markets as well as consumer behavior. New market entrants, e.g. fintechs, non-financial firms, or service providers increase the competitive pressure in the banking industry, challenging traditional bank business models.

TOPICS: This conference seeks to attract high quality theoretical and empirical contributions on the implications of these changes for both the banking industry and the real economy. Our aim is to facilitate a better understanding of the mechanisms at granular (micro) level in terms of how regulatory reforms and new technologies affect banks’ business models, their lending and trading behavior as well as the structure of the market for financial services. Possible topics include, but are not limited to:
– the evolution of bank business models and risk-taking preferences in response to regulatory changes (e.g. Basel III, the resolution framework, or the OTC derivatives market reform)
– (unintended) side-effects of new regulation inside and outside the financial industry including the scope for regulatory arbitrage
– the challenges presented by the emergence of alternative forms of intermediation (e.g. crowdfunding/lending) on banks’ business and their relationship with clients
– the impact of regulation on competition among banks and other financial institutions
– the market entrance and exit of traditional financial institutions and fintechs

The conference will feature plenary sessions with keynote speeches by Luc Laeven (European Central Bank & CEPR) and Hyun Song Shin (Bank for International Settlements & CEPR) and a dinner speech by Andreas Dombret (Member of the Executive Board of the Deutsche Bundesbank).

PAPER SUBMISSION PROCEDURE: Please submit your paper via email to banking-research with reference to "The Future of Financial Intermediation". Economy class travel expenses and accommodation (both subject to price limits) will be covered for all invited speakers and discussants.

ORGANISING COMMITTEE:
Daniel Foos (Deutsche Bundesbank)
Reint Gropp (IWH)
Thomas Kick (Deutsche Bundesbank)
Michael Koetter (IWH)
Emanuel Monch (Deutsche Bundesbank)
Alexander Schulz (Deutsche Bundesbank)

SCIENTIFIC COMMITTEE: Tobias Berg (Frankfurt School) Hendrik Hakenes (University of Bonn & CEPR) Iftekhar Hasan (Fordham University) Rainer Haselmann (Goethe University and SAFE) Florian Heider (European Central Bank & CEPR) Steven Ongena (University of Zurich & CEPR) Alexander Popov (European Central Bank) Jorg Rocholl (ESMT) Kasper Roszbach (Sveriges Riksbank) Anthony Saunders (NYU Stern) Klaus Schaeck (University of Bristol) Isabel Schnabel (University of Bonn & CEPR) Neeltje van Horen (Bank of England & CEPR) Annette Vissing-Jorgensen (UC Berkeley) Wolf Wagner (Rotterdam School of Management & CEPR)Bundesbank