THE EVENT WILL TAKE PLACE IN ENGLISH

OUR SPEAKERSWHY ATTEND

MICHEL SAPINMinister of Economy andFinanceFRANCE

VERENA ROSSExecutive DirectorEUROPEAN SECURITIES AND MARKETS AUTHORITY

CHRISTIAN OSSIGMember of the Senior Management BoardGerman Banking Industry CommitteeASSOCIATION OF GERMAN BANKS

MICHAEL COLE-FONTAYNExecutive Vice-President and Chairman EMEABNY MELLON

VALDIS DOMBROVSKISVice-President for the Euroand Social Dialogue,Financial Stability, Financial Services and Capital Markets UnionEUROPEAN COMMISSION

PIER CARLO PADOANMinister of Economy and FinanceITALY

PAVILLON VENDÔME, PARIS • FEBRUARY 23, 2017

HOW TO NAVIGATE THE POST-BREXIT SHAKEUP

It’ll be different: Crisp. Candid. Newsworthy

Get the latest insights on financial regulations and the investment climate

Discuss the implications of Brexit

Network with policymakers, regulators and industry leaders

WWW.CAPITALMARKETSSUMMIT.EU #PXFS2017

PLATINUM SPONSOR: GOLD SPONSOR:

LUNCH SPONSOR: OFFICIAL BROADCASTER:

SUPPORTING ORGANIZATIONS:

CAPITAL MARKETS SUMMIT 2017 | THE EVENTFEBRUARY 23, 2017 | PAVILLON VENDÔME, PARIS

The continent’s financial sector is in the spotlight: with Britain set to trigger Article 50 at the end of March 2017, Europe’s capital markets are now faced with the implications of Brexit alongside new financial regulations and a struggling economy.

On February 23, 2017, POLITICO and L’AGEFI will combine political savvy with financial smarts for an in-depth conversation on the challenges and opportunities for capital markets in a post-Brexit Europe. This second edition event will be an opportunity for policymakers and industry leaders to debate how to adapt their policies and business models to a changing financial landscape.

How will Brexit disrupt Europe’s growth and capital flows?

How can EU policies free up financing in Europe? What are the new rules for markets and how will this

impact market players? What is the optimal Post-Brexit outcome for the EU

and The City? Can Europe rival the US as a global investment

destination without The City?

WHY THE CAPITAL MARKETS SUMMIT

WHAT WE’LL ASK

SECTORS: Regulators, policymakers, institutional investors, pension funds, hedge funds, insurance companies, corporate issuers, banks, asset managers, private equity firms, clearing houses, stock exchanges, investment companies, trade associations…

JOB TITLES: CEOs, CFOs, COOs, CROs, CIOs, Heads of ABS, Heads of Structured Finance,

Heads of European Portfolio Management, Heads of Corporate Bonds, Heads of Fixed-Income Funds, Heads of Public Affairs, General Counsel...

WHO YOU’LL MEET

Panel discussion, Capital Markets Summit 2016.

An opportunity to engage with the speakers.

Network with your peers.

CAPITAL MARKETS SUMMIT 2017 | SPEAKERSFEBRUARY 23, 2017 | PAVILLON VENDÔME, PARIS

PHILIPPE MUDRYDirector General and Editor-in-ChiefL’AGEFI

MATTHEW KAMINSKIExecutive EditorPOLITICO

PIERRE BRIANÇONSenior CorrespondentPOLITICO

VALDIS DOMBROVSKISVice-President for the Euro and Social Dialogue,Financial Stability, Financial Services andCapital Markets UnionEUROPEAN COMMISSION

SHARON LEWISPartner and Head of the Global Finance PracticeHOGAN LOVELLS

XAVIER ROLETChief Executive OfficerLONDON STOCK EXCHANGE GROUP

SCOTT O’MALIAChief Executive OfficerISDA

MICHEL SAPINMinister of Economy and FinanceFRANCE

PATRICE BERGÉ-VINCENTManaging Director, EuropeICI GLOBAL

LUIS DE GUINDOS JURADOMinister of Economy, Industry and CompetitivenessSPAIN

PIER CARLO PADOANMinister of Economy and FinanceITALY

VERENA ROSSExecutive DirectorEUROPEAN SECURITIES AND MARKETS AUTHORITY

PAUL TANGMEP, Member of ECON Committee and Rapporteur on STS Securitization FileEUROPEAN PARLIAMENT

CHRISTIAN OSSIGMember of the Senior Management BoardGerman Banking Industry CommitteeASSOCIATION OF GERMAN BANKS

JEAN-LOUIS MISSIKADeputy Mayor of Paris in charge of Urban Planning, Architecture, Grand Paris projects, Economic Development and AttractivenessCITY OF PARIS

HUNG Q. TRANExecutive Director of Capital Markets and Emerging Markets PolicyINSTITUTE OF INTERNATIONAL FINANCE

CORNELIA YZER Former Senator for Economics, Technology and ResearchBERLIN GOVERNMENT

ADAM FARKASExecutive DirectorEUROPEAN BANKING AUTHORITY

OLIVIER GARNIERGroup Chief EconomistSOCIETE GENERALE

MILES CELICChief Executive OfficerTHECITYUK

MICHAEL COLE-FONTAYNExecutive Vice-President and Chairman EMEABNY MELLON

MICHAEL COLLINSChief ExecutiveINVEST EUROPE

BENOIT DE JUVIGNYSecretary GeneralAUTORITÉ DES MARCHÉS FINANCIERS

RONALD KENTManaging Director,Financial and Wholesale PolicyBRITISH BANKERS’ ASSOCIATION

ENRICO LETTADean, Paris School of International AffairsSCIENCES PO PresidentJACQUES DELORS INSTITUTE

MODERATORS

SPONSOR REMARKS

SPEAKERS

FOR THE LATEST SPEAKER LIST, VISIT: WWW.CAPITALMARKETSSUMMIT.EU

CAPITAL MARKETS SUMMIT 2017 | ABOUT POLITICO FEBRUARY 23, 2017 | PAVILLON VENDÔME, PARIS

POLITICO is a global nonpartisan politics and policy news organization, headquartered in Washington, DC. In April 2015, a European edition of the publication launched through a joint venture with the leading digital publisher in Europe, Axel Springer. Based in Brussels, POLITICO’s European edition:

covers the politics, policy and personalities of the European Union

connects the dots between the Continent’s biggest power players

delivers authoritative insight and analysis to the most influential stakeholders in EU politics and policy

ABOUT POLITICO

PRO FINANCIALSERVICES

#1 Most-read news outlet by EU influencers @POLITICOEurope: 96,000 followers POLITICO.eu: over 1.5 million average

monthly unique visitors PRINT: 21,000 readers BRUSSELS PLAYBOOK: more than 60,000

readers for Ryan Heath’s daily must-read on what’s driving the day in Brussels. To sign up, go to politico.eu/registration

FAST FACTS

Margrethe Vestager, European Commissioner for Competition.

Frans Timmermans, First Vice-President of the European Commission.

James Bardrick, Head of Citi UK and CEO of Citigroup Global Markets Ltd at the Capital Markets Summit 2016.

Like our journalism: Crisp. Candid. Newsworthy.OUR EVENTS

POLITICO’s European launch event, April 2015.

Designed for professionals who need to save time and stay on top of key financial policy developments across Europe, POLITICO Pro Financial Services provides: Breaking news and real-time intelligence In-depth articles and analysis A daily digest of the most important storiesReady to go Pro? Contact pro@politico.eu for details

THE DEFINITIVE SOURCE FOR EUROPEAN FINANCIAL POLICY NEWS

CAPITAL MARKETS SUMMIT 2017 | SCHEDULE FEBRUARY 23, 2017 | PAVILLON VENDÔME, PARIS

8:30 AM BREAKFAST AND REGISTRATION

9:00 AM MODERATORS’ WELCOME REMARKS MATTHEW KAMINSKI, Executive Editor, POLITICO PHILIPPE MUDRY, Director General and Editor-in-Chief, L’AGEFI PIERRE BRIANÇON, Senior Correspondent, POLITICO

9:05AM OPENING INTERVIEW: WHAT’S NEXT FOR THE CAPITAL MARKETS UNION?Plans for a Capital Markets Union will be affected by the impact of the UK leaving the EU and the changing status of the City of London as a financial services center. Will the CMU falter? What effect will Brexit have on efforts to drive deeper capital integration? What impetus will come from the other EU member states? VALDIS DOMBROVSKIS, Vice-President for the Euro and Social Dialogue, Financial Stability, Financial Services

and Capital Markets Union, EUROPEAN COMMISSION

9:35 AM EUROPE’S GROWTH AND STABILITY POST-BREXITWith sizeable flows of European fund money flowing into emerging markets, and dark pool investing dominating post-Brexit trading, early reactions indicate that markets are bracing for uncertain times. What are the costs of this uncertainty on market participation? What additional pressures will this add to the Eurozone - particularly with regards to growth and stability? How will this impact investment in the EU? LUIS DE GUINDOS JURADO, Minister of Economy, Industry and Competitiveness, SPAIN PIER CARLO PADOAN, Minister of Economy and Finance, ITALY MICHEL SAPIN, Minister of Economy and Finance, FRANCE

10:15 AM EUROPE’S NEXT FINANCIAL CAPITALWhere will the European Union’s next financial capital be – Frankfurt, Paris, Madrid, Luxembourg? What strategies will cities use to attract the big financial players? Will it be a fragmented battle with Berlin vying for Fintech and Paris or Frankfurt taking over Euro-clearing and trading rights? Who will host the European Banking Authority? JEAN-LOUIS MISSIKA, Deputy Mayor of Paris in charge of Urban Planning, Architecture, Grand Paris projects,

Economic Development and Attractiveness, CITY OF PARIS CORNELIA YZER, Former Senator for Economics, Technology and Research, BERLIN GOVERNMENT

10:50 AM COFFEE BREAK

11:20 AM REGULATORY LANDSCAPE AND MARKET PLAYERS What are the new rules for markets and what is the role of ESMA in policing them? With the objective of ensuring fairer, safer and more transparent markets, what are the next steps for MiFID II and MiFIR? And will ESMA declare the US and other jurisdictions “equivalent” under AIFMD? Can the industry deliver on PRIIPs without technical standards? How feasible are the capital requirements for Basel III and IV and how will this impact banks’ abilities to fuel economic activity? ADAM FARKAS, Executive Director, EUROPEAN BANKING AUTHORITY SCOTT O’MALIA, Chief Executive Officer, ISDA VERENA ROSS, Executive Director, ESMA HUNG Q. TRAN, Executive Managing Director, INSTITUTE OF INTERNATIONAL FINANCE

CAPITAL MARKETS SUMMIT 2017 | SCHEDULEFEBRUARY 23, 2017 | PAVILLON VENDÔME, PARIS

12:10 PM SECURITIES: TO BE OR NOT TO BEHow will the proposed Securitization Regulation, and the amendment to the CRR Regulation, impact the debate on retention rate levels, disclosure requirements and certification? Given skepticism about the complex and rigorous STS label criteria, how feasible is implementation? Who will be in charge of oversight? BENOIT DE JUVIGNY, Secretary General, AUTORITÉ DES MARCHÉS FINANCIERS CHRISTIAN OSSIG, Member of the Senior Management Board, German Banking Industry Committee,

ASSOCIATION OF GERMAN BANKS PAUL TANG, MEP, Member of ECON Committee and Rapporteur on STS Securitization File,

EUROPEAN PARLIAMENT

12:45 PM LUNCH Introductory Remarks by: SHARON LEWIS, Partner and Head of the Global Finance Practice, HOGAN LOVELLS

2:05 PM BREXIT: NAVIGATING THE ROAD AHEADAfter the uncertainty caused by Brexit, what impact will this have on the deeper integration of Europe’s Capital Markets Union? What will new relations between the UK and the EU look like? What next for EU 27? How do we avoid further fragmentation of Europe’s internal market? ENRICO LETTA, Dean, Paris School of International Affairs, SCIENCES PO

President, JACQUES DELORS INSTITUTE

2:35 PM Presentation by our Sponsor: A VIEW FROM THE MARKET: HOW CAPITAL MARKETS CAN UNLEASH EUROPE’S ECONOMIC POTENTIAL XAVIER ROLET, Chief Executive Officer, LONDON STOCK EXCHANGE GROUP

2:45 PM CAN EUROPE RIVAL THE US AS A GLOBAL INVESTMENT DESTINATION WITHOUT THE CITY?An early reaction to Brexit has been the flow of capital to emerging markets. Does the EU have another card to play to position itself as a premier investment destination, or is the regulatory environment too fragmented and complex? Is CETA a litmus test for the way forward? Dead or alive, will TTIP include financial regulatory cooperation, and if so, to what extent? PATRICE BERGÉ-VINCENT, Managing Director, Europe, ICI GLOBAL MICHAEL COLE-FONTAYN, Executive Vice-President and Chairman EMEA, BNY MELLON MICHAEL COLLINS, Chief Executive, INVEST EUROPE

3:25 PM A QUICK DIVORCE OR LONG AND DRAWN OUT?Will the UK get regulatory passporting rights? Is Norway-plus or the Swiss model a viable option? Will bankers in the UK get their voice heard at Downing Street and in Brussels, and is The City prepared for a loss of talent? Beyond the costs, what other aspects of bank relocation must be taken into consideration? What is the optimal outcome? MILES CELIC, Chief Executive Officer, THECITYUK OLIVIER GARNIER, Group Chief Economist, SOCIETE GENERALE RONALD KENT, Managing Director, Financial and Wholesale Policy, BRITISH BANKERS’ ASSOCIATION

4:00 PM CLOSING REMARKS AND COFFEE

HOSTED BY

CAPITAL MARKETS SUMMIT 2017 | ABOUT L’AGEFIFEBRUARY 23, 2017 | PAVILLON VENDÔME, PARIS

France’s leading source of information for investment professionals, asset managers and corporate finance specialists

The leading media mark for the French financial community

L’AGEFI Quotidien: the first e-Daily with 3 newsletters (7 AM, 2 PM, 6 PM)

L’AGEFI Hebdo: a weekly that reaches all finance professionals

L’AGEFI Actifs: the working tool for Independent Financial Advisors to manage their clients’ assets

NewsManagers.com: the wire for the asset industry

The leading network for French financial professionals

Forum GA: the 1st Asset Management forum in France

AM Tech Day: 700 attendees at the only trade show for the COOs and IT Managers of asset management firms

A network of over 264,000 finance professionals

42 journalists

2 leading financial magazines

4 leading websites

30 major events per year

F A S T FACTS

ABOUT L’AGEFI

OUR EVENTS

Panel discussion, L’AGEFI’s Annual Asset Management Forum.

Award winners at L’AGEFI’s Annual Asset Management Forum.

Attendees at L’AGEFI’s AM Tech Day.

Five easy waysto register

1 Online www.politico.eu/capital-markets-summit

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