Conference

Welcome address

Vítor Constâncio, Member of the Executive Board, European Central Bank (ECB)

Session 1 - Repo markets

Chair: Holger Neuhaus, ECB

Arianna Miglietta, Banca d'Italia
Cristina Picillo, Bank for International Settlements
Mario Pietrunti, Banca d'Italia

Discussant: Stefano Corradin, ECB

Jun Kyung Auh, Georgetown University
Mattia Landoni, Southern Methodist University

Discussant: Tobias Dieler, École Polytechnique Fédérale de Lausanne

Session 2 - Collateralised transactions

Chair: Tobias Linzert, ECB

Nuno Cassola, ECB
François Koulisher, Banque de France

Discussant: Jan Wrampelmeyer, University of St. Gallen

Reena Aggarwal, Georgetown University
Jennie Bai, Georgetown Univerisity
Luc Laeven, ECB

Discussant: Björn Imbierowicz, Copenhagen Business School

Panel discussion Monetary policy implementation in the transition period to the new normal

Chair: Massimo Rostagno, ECB

Panellists: Manmohan Singh, International Monetary Fund
Sébastien Kraenzlin, Schweizerische Nationalbank
Toshifumi Nakamura, Bank of Japan

Session 2 continued

Antoine Martin, Federal Reserve Bank of New York
Jamie McAndrews, Federal Reserve Bank of New York
Ali Palida, Massachusetts Institute of Technology
David Skeie, Texas A&M University

Discussant: Morten Bech, Bank for International Settlements

Session 3 - Regulation

Chair: Fiorella de Fiore, ECB

Christopher Jackson and
Joseph Noss, Bank of England

Discussant: Francesca Carapella, Federal Reserve Board

Lucas Marc Fuhrer, Benjamin Müller and Luzian Steiner, Schweizerische Nationalbank

Discussant: Skander van den Heuvel, ECB

Official dinner (by invitation only)
Dinner remarks: Cornelia Holthausen, ECB

Session 4 - Money market frictions and the central bank

Chair: Simone Manganelli, ECB

Alejandro Bernales, Universidad de Chile
Mario di Filippo, University of St. Gallen

Discussant: Ouarda Merrouche, Université de Lausanne

Trading frictions in the interbank market and the central bank

Jean Edouard Colliard, HEC Paris
Thierry Foucault, HEC Paris
Peter Hoffmann, ECB

Discussant: Régis Breton, Banque de France

Peter Dunne, Central Bank of Ireland
Michael Fleming, Federal Reserve Bank of New York
Andrey Zholos, Credit Suisse

Discussant: Alain Durré, Goldman Sachs, Paris

Panel discussion with market participants on topical issues in money markets

Chair: Roberto Schiavi, ECB

Panellists: Sean Crowe, Bank of Ireland
Thierry Darmon, Amundi
Johan Evenepoel, Euroclear
Stephane Landon, Société Générale
Christoph Rieger, Commerzbank