Brussels for Breakfast (154)
To be held on Wednesday, September 18th, at CISI
Sir John Redwood MP
Graham Bishop (grahambishop.com)
Brian Polk (PwC)
I know I promised that we would try to eschew the pleasures of Brexit at our regular B4B meetings, and concentrate on the other developments in Brussels, Strasbourg etc that are likely to affect the City as we negotiate our way through the next couple of years. But October 31 is getting closer, the political (indeed constitutional) situation in the UK is unlike anything I can remember – and we have been offered a chance to hear the views of one of the most knowledgeable and influential architects of our disengagement from the European project, Sir John Redwood, MP for Wokingham and former Secretary of State for Wales.
Some of you will remember that, just a couple of days after the referendum, John told a CSFI round-table, rather bluntly, that his side had won the vote on two issues – migration and the budget – and that they had to deliver on those. Other issues were second-order priorities. It wasn’t a position that sat well with everyone, but it was an important message to get across. I am, therefore, delighted that he has agreed to share his thoughts once more – particularly on the potential “big picture” in Westminster as the latest date for the UK’s exit approaches. There are few politicians with his knowledge of how finance works - and with his understanding of the City. He won’t comment on financial regulation, since he has business interests in the City, but I am certain he will have a lot to say about Westminster.
As for regulatory matters, we will (as usual) turn to our usual guide, Graham Bishop, proprietor of the eponymous grahambishop.com, who will sort the wheat from the chaff – focusing particularly on:
the implications of the new European Parliament;
regulatory responses to Facebook’s Libra proposal; and
recent developments in the ESG space, including the Commission’s technical expert group on sustainable finance.*
It is worth remembering that Parliament’s ECON Committee is absolutely crucial to our field – and, if von der Leyen’s 24-page “manifesto” is to be believed, its powers will be increased.
Adding his fire-power will be Brian Polk, leader for EU financial services regulation for PwC here in London. Brian will fill in any holes Graham leaves.
If you (or a colleague) would like to join us, please let us know as soon as possible by emailing firstname.lastname@example.org or by calling the Centre on 0207 621 1056. Thanks to the generosity of our friends at the CISI, there will be plenty of coffee, tea and buns.
PS: Two requests: first, we would like to start on time. Second, have some sort of photo ID to show to security at the front desk.
*Should you feel so moved, Graham invites you to join his “Friends of Graham Bishop” – and to sign up for his Brussels Finance Watch.