Speakers of the session
Gerben EvertsDutch Authority for the Financial Markets, Member of the Executive Board
Gerry CrossCentral Bank of Ireland, Director of Financial Regulation, Policy and Risk
Jean-Paul ServaisFinancial Services and Markets Authority, Belgium, Chairman
Noel ArchardState Street Global Advisors, Global Head of SPDR ETF Product
Frédéric BompaireAmundi Asset Management, Head of Public Affairs, Finance and Strategy
Objectives of the sessionThe objective of this session is to discuss the distinctive features of ETFs and whether these funds raise any specific issues compared to other funds e.g. UCITS. The panel will also assess whether a more specific regulatory framework or set of rules would help to support the development of ETFs in the EU and to mitigate any particular risks associated with these funds.
Points of discussionWhat are the main distinctive features of ETFs? Do ETFs pose any specific risks or raise any specific issues compared to other fund categories and if so, have they materialized so far? Should a further development of the ETF market be encouraged in the EU and if so on what conditions?
Can existing EU fund and securities frameworks appropriately support the development of ETFs and mitigate any potential risks they may pose? Would more specific ETF rules be helpful and if so what should they cover?