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ICBI Event
SEPA Europe

Dates : 09 - 10 July 2008
Venue : The Hilton, Amsterdam

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Implementation and Beyond 
- to the European Payments
Services Directive

Over 30 outstanding speakers including:

4 Keynote Addresses:

What Has SEPA Implementation Meant in Practice?

Gerard Hartsink
Chairman
EUROPEAN PAYMENTS COUNCIL
Senior Executive Vice President Market Infrastructures
ABN AMRO BANK

Beyond SEPA to the Payments Services Directive: Next Steps in the View of the European Commission

Jean-Yves Muylle
Head of Unit H3, Financial Institutions
Internal Market and Services Directorate-General
EUROPEAN COMMISSION 

 

European Payments in 2018 ... What Happened?

Chris Skinner
Chief Executive
BALATRO

 

SEPA and Target2 Payments - A View from the European Central Bank

Jean-Michel Godeffroy
Director General 
EUROPEAN CENTRAL BANK

·         Robert J.G.M. Heisterborg, Global Head Payments & Cash Management, 
          ING WHOLESALE BANKING  PRODUCTS
·         Colin Klipin, Managing Director and Global Head of Payments, BARCLAYS BANK PLC
·         Rajesh Mehta, Head of Treasury and Trade Solutions, EMEA, CITI
·         Gary Wright, Director, International Cash Management and Development, 
          International Banking Service, ROYAL BANK OF SCOTLAND
·         Martine Brachet, Head of Interbank Relationships Payment Services Division, 
          SOCIETE GENERALE
·         Harry Leinonen, Adviser to the Board, BANK OF FINLAND
·         Marc Pomes Bordedebat, Senior Product Manager – Payments Market, SWIFT
·         Dage-Inge Flatraaker, General Manager, DNB NOR
·         Ashley Dowson, Chairman, THE SEPA CONSULTANCY
·         Bengt Hansson, Head of eBusiness Sweden, NORDEA BANK AB
·         Dirk Schrade, Head of Payment Systems Policy and Oversight Division, 
          DEUTSCHE BUNDESBANK
·         Guenther Gall, Executive Vice President, RAIFFEISEN ZENTRALBANK
·         Mark Hale, Director, PRICEWATERHOUSECOOPERS LLP
·         Michal Szymanski, Member of the Management Board, 
          KRAJOWA IZBA ROZLICZENIOWA SA
·         Manfred Schuck, General Manager Marketing and Sales, EQUENS
·         José Beltran, Director STEP2 Services, EBA CLEARING
·         Mihkel Nommela, Chairman, PAYMENTS SYSTEMS WORKING GROUP, ESTONIA
          Head of Clearing and Settlement Department, BANK OF ESTONIA
·         Hartmut Bremer, SEPA Project Manager, Global Transaction Banking, DEUTSCHE BANK
·         Jim Ford, Director, BARCLAYS BANK
·         James Barclay, Industry Issues Manager, JPMORGAN
·         Mark Davies, Senior Vice President, Treasury Services, WACHOVIA
·         Ruth Wandhöfer, SEPA Market Manager, EMEA, CITI
·         Dermot Turing, Partner, CLIFFORD CHANCE
·         Gianfranco Tabasso, Co-Ordinator EACT Payments Commission, 
          EUROPEAN ASSOCIATION, OF CORPORATE TREASURERS, Chief Executive Officer, 
          FMS GROUP
·         Andreas Knopf, Head, Treasury Operations and Processes Team, 
          Corporate Treasury Department, SAP AG
·         Michel Verholen, Director, International Treasury, GREIF COORDINATION CENTRE BVBA

On 28th January 2008, the SEPA Credit Transfer went live.  More than 4,000 banks in 31 countries had expressed their commitment to deliver the new standardised service to their customers. It is a huge undertaking: SEPA is an even bigger project than the euro launch as it includes 3 euro payment instruments in 31 countries.  And there is still a mountain to climb:

• The SEPA Direct Debit is yet to be introduced
• Corporates, SMEs and public authorities have to persuaded to switch to SEPA instruments
• Legacy payment instruments need to be phased out
• Clearing mechanisms need to be rationalised
• Huge investment in marketing, staff training and technology will need to take place.

And then there is the Payment Services Directive. This will be an even bigger project than SEPA.  The payment industry will become subject to regulation under a new Directive which must be implemented in all EU 27 member states by 1st November 2009 at the latest. The PSD will:

• Enhance competition within and between national markets and ensure a level playing field
• Increase market transparency for payment service providers and users and standardise their rights and obligations
• Create a harmonised legal framework for payment services such as direct debits, card payments and remittances
• Increase consumer protection and guarantee fair and open access to payments markets
• Creates a new type of payment service provider thus increasing competition for traditional payment providers as well as providing new competition from banks from other parts of Europe 

The Payment Services Directive will be transposed into national law and be regulated by national authorities in each of the EU 27 member states - by 1st November 2009.  There is a huge amount of work to be undertaken.  Some of it banks will have to accomplish internally and will take place in the competitive environment. But others projects need to be undertaken jointly, in cooperation with other players in the market.  How can banks best equip themselves to respond to these increased competitive pressures and information requirements?  What strategic decisions should they be making now?  How ready are banks bearing in mind that the Directive becomes national law in just over 18 months?

At ICBI, as the organisers of one of the key events in the payments calendar, International Payments, we understand the issues that really matter to you in this new environment.  We are pleased to once again be bringing business critical information to the payments industry.

5 Reasons not to Miss Out!
1. ICBI’s SEPA events just keep getting bigger.  Our annual Amsterdam event attracted over 140 senior level international attendees and our London event, with  in excess of 180 attendees, was sold out – so book your place early!
2. The conference agenda – our events are research led so you can be sure that we will be tackling the topics right at the top of your agenda. 
3. The speakers – we have gained the reputation for attracting key industry figures to our speaking platforms so you hear from the decision makers at the heart of the issues and debate the way forward with them and your industry peers
4. A true dialogues, between all industry participants: corporates; banks; suppliers; infrastructure providers and all regulators are all represented - at the highest level.
5. The networking – a fantastic opportunity to meet key industry figures; partners; competitors and customers. 

“Interesting speakers.  Good discussions”
Eva King,
National Expert, Consumer Policy and Payment Systems,
European Commission