YSI @ BuBa-ECB-Fed Chicago conference on CCPs

Overview of the event

Date:
Feb. Mon. 24th, 2020 arrival to Frankfurt and welcome dinner
Feb. Tue. 25th, 2020 • Welcome, LPFMI introduction • CCP, CSD, Blockchain • YSI LPFMI participants present heir research ideas • Mapping exercise • Prepare & review ECB / BuBa/ Chicago Fed conference schedule • Dinner
Feb. Wed. 26th, 2020 • Full day conference by ECB / BuBa/ Chicago Fed –s. separate agenda to come
Feb. Thu. 27th, 2020 until approx. 2:00PM • Welcome • Summary conference and collection for Q&A • Debrief and Q&A • Outlook & next steps

Location: European Central Bank, Sonnemannstrasse 20, Frankfurt a. M.

Topics: 2020 joint Bundesbank, ECB and Chicago Fed conference on CCPs
Conference organizer: Deutsche Bundesbank, European Central Bank and Federal Reserve Bank of Chicago

The conference is intended to be a forum for relevant stakeholders from industry, competent authorities and academia to discuss pertinent regulatory and operational issues surrounding CCPs and their risk management.

To foster open and frank discussion, the conference will be invitation only, closed to the press, and conducted under Chatham House rules. Panels will feature senior public officials from central banks and regulatory authorities, industry leaders, and experts from across the industry and academia.
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Motivation**
The importance of Central Counterparty Clearing Houses (CCPs)
CCPs have been one core regulatory response in the aftermath of the 2007/08 financial crisis in mitigating future financial crises. In 2009 the G20 agreed that all standardized OTC derivative contracts should be cleared through central counterparties where appropriate.

Subsequently, more than half a dozen clearing houses in the USA alone have been identified by the US Financial Stability Oversight Council as systemically important financial market infrastructure (FMI). This clearly gives CCPs a key role in the present financial system.

We at YSI believe that financial market infrastructure could potentially be under researched or even misunderstood in today’s research efforts. In order to address this potential gap, we would like to put an emphasize on this research field.

YSI attendance
YSI will be hosting a workshop for selected attendees. We encourage young scholars, researchers and young professionals interested in CCPs, liquidity management, financial market regulation and FMI to send to gerhardt@kalterherberg.com

Your CV
Your motivation & fit to LPFMI topic max. 200 words
Open research ideas, which you have identified – beneficial to your application
a. What are generally open research questions regarding
i. liquidity problems in financial markets in general OR
ii. liquidity problems at CCPs, CSDs or other FMIs OR
iii. FMI problems in general in including technological innovation
b. In which ways would you contribute to above questions personally?
YSI has several spots that we are able to nominate to this invitation-only conference. Our intent is to build an ongoing community in this field of research. Participation is therefore intended to mark the beginning of our initiative to shed more light on these topics.
Deadline for applications is Sunday 19. January 2020.