09 May 2011

ACCA roundtable: 'Reflections on the Mortgage Directive: Specialised Credit Markets – Specialised Regulation'

The Responsible Lending and Borrowing Directive, commonly referred to as the Mortgage Directive, has been released by the European Commission and is now to be considered in the European Parliament and European Council.

Following the financial and economic crisis, the European Commission has tackled numerous aspects of financial policy in order to try to regulate against any future economic crashes.

Having addressed financial governance and market regulation, the Commission has now turned its attention to another sector that arguably played a significant role in the economic crisis – mortgages. The Responsible Lending and Borrowing Directive, commonly referred to as the Mortgage Directive, has been released by the European Commission and is now to be considered in the European Parliament and European Council.

According to the Commission, the aim of this Directive is to increase consumer protection through the provision of more and clearer information, as well as increasing the regulation of the activities of credit intermediaries.

ACCA (The Association of Chartered Certified Accountants) is therefore delighted to invite you to a roundtable entitled "Reflections on the Mortgage Directive: Specialised Credit Markets – Specialised Regulation"

This event will examine the key details of the Directive and provide insight from political, industry and civil society actors as to what is needed in this highly specialised financial sector. The event will also touch on how the new Directive will impact SMEs, and what SMEs require from such a new Directive.

Further details:

Date: 24 May 2011, 12.00pm-14.15pm

Venue: Weber Shandwick premises (3rd floor), 100 Avenue de Cortenbergh, Brussels

Draft agenda:

12.00h registration and sandwiches

12.15h Welcome speech by the chair, Prof Robin Jarvis, Professor of Accounting at Brunel University, head of small businesses at ACCA and member of the stakeholders’ group of the EBA

12.25h Presentation of the Mortgage Directive by Jean-Yves Muylle, head of the Retail Financial Services and Consumer policy unit, DG MARKT

12.40h Roundtable

• Vicky Ford, MEP
• Angela Black, Financial services and Redress unit, DG SANCO
• Richard Good, national Chairman, UK CCA
• Anne-Sophie Parent, Director of AGE Platform Europe

13.20h Debate with the audience

14.10h Concluding remarks

To register a place at the seminar, please reply to cecile.bonino@accaglobal.com.

Please note that due to the limited capacity of the conference room, ACCA advises you to register asap in order to secure your seat.

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