Sixth ECB seminar on payment and settlement issues for central banks
Frankfurt am Main, 5 - 8 September 2006
Venue:
Eurotower, Kaiserstraße 29, D-60311 Frankfurt am Main, Room C IV, 2nd floor.
Tentative Programme
Tuesday, 5 September 2006 Wednesday, 6 September 2006 Thursday, 7 September 2006 Friday, 8 September 2006Day 1 - Tuesday, 5 September
| 8:30 | Registration |
| 9:00 | Opening of the Seminar Welcoming by Ms. Gertrude Tumpel-Gugerell, Member of the Executive Board of the European Central bank |
| I. The basics in payment and settlement systems | |
| 9:30 | Concepts and risks in the field of payments |
| 10:15 | Concepts and risks in the field of securities clearing and settlement |
| 11:00 -11:30 | Tea & Coffee break |
| 11:30 | The legal foundations for payment and settlement systems |
| II. The central bank and market infrastructures | |
| 12:15 | The role of central banks in payment and settlement systems |
| 13:00 -14:30 | Lunch |
| 14:30 | Oversight of market infrastructure |
| 15:45 | Business continuity for market infrastructures: an oversight perspective |
| 16:30 -17:00 |
Tea & Coffee break |
| 17:00 -17:45 | The CLS system |
| 18:15 | Departure to the Money Museum of the Deutsche Bundesbank |
| 18:30 | Visit of the Money Museum of the Deutsche Bundesbank |
| 20:00 | Dinner |
Day 2 - Wednesday, 6 September
| II. The central bank and market infrastructures (continued) | |
| 9:00 | Card schemes and card payments |
| 9:45 | Central Counterparty Clearing |
| 10:30 -11:00 | Tea & Coffee break |
| III. The Eurosystem and market infrastructures | |
| 11:00 | The ECB, the Eurosystem and the European System of Central Banks |
| 11:45 | The Monetary Policy implementation of the Eurosystem |
| 12:30 -14:00 | Lunch |
14:00 |
The Eurosystem collateral framework |
| 14:45 | The euro area payment systems landscape |
| 15:30 -16:00 |
Tea & Coffee break |
| 16:00 | Introduction to the current TARGET system |
| 16:40 | The internal consolidation of TARGET: the TARGET2 project |
| 17:30 | Official photograph of the seminar |
| 19:00 | Dinner (official) |
Day 3 - Thursday, 7 September
| III. The Eurosystem and market infrastructures (continued) | |
| 9:00 | The Single Euro Payments Area (SEPA) integration of euro retail payments |
| 10:00 -10:30 | Tea & Coffee break |
| IV Workshops Location: Commerzbank Building, Neue Mainzer Strasse 32-36, 2nd floor |
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There will be six workshops, but only two topics ? implying that there are always three separate groups working independently on the same item:
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| 13:30 -14:30 | Lunch |
| 14:30 | Departure for sightseeing tour (to be defined) |
Day 4 - Friday, 8 September
| 9:00 | Summaries of and Panel discussion on results of workshops Reporting to the whole meeting on the findings of the workshops, followed by a panel discussion on observations important for central banks |
| 11:00 -11:30 | Tea & Coffee break |
| V Market infrastructure - issues of common interest | |
| 11:30 | The importance of standardisation |
| 12:15 | Panel discussion: Does the central bank need to co-operate and consult with external parties? |
| 13:00 -14:30 | Lunch |
| 14:30 | New payment methods |
| 15:15 | Common work by G-10 central banks on payment systems issues |
| 16:00 | General conclusions and closing of the seminar |
| 16:30 | Farewell cocktail |