SWIFT has confirmed that senior political figures from the ‘Leave’ and ‘Remain’ camps will debate their views on the impact of the British referendum on the City at the SWIFT Business Forum London (BFL) on 20 April.
Sir Vince Cable, secretary of state for business innovation and skills, 2010-15, will make the case for the City benefitting from Britain remaining in the European Union (EU), while the Rt Hon John Redwood MP Conservative member for Wokingham and chairman of the Conservative Parliamentary Economic Affairs Committee, will make the case for the City benefiting from Britain’s leaving.
“This will be an interactive, moderated debate, at the end of which the audience will cast anonymous votes to ‘Leave’ or ‘Remain’ in the EU,” SWIFT added.
In addition to the City Brexit debate, the BFL will include a mix of keynote and panel sessions addressing the changing payments and securities landscape and major technology shifts, such as the application of blockchain technology.
The agenda will also feature a special appearance from Harriett Baldwin, economic secretary to the Treasury, City minister. Other confirmed speakers include:
· Eileen Burbidge, fintech envoy, HM Treasury.
· Gerry Gaetz, CEO, Canadian Payments Association.
· Andrew Hauser, executive director, banking, payments & financial resilience, Bank of England.
· Gottfried Leibbrandt, CEO, SWIFT.
· Blythe Masters, CEO, Digital Asset Holdings.
· Marion King, director of payments, RBS.
· John Trundle, CEO, Euroclear UK & Ireland.
In its sixth year, BFL is SWIFT’s largest regional event and will bring together over 1,000 senior leaders from across the industry to explore the theme of ‘Build the Future’. The event takes place on 20 April at the Tobacco Dock and is free to attend for the financial community.
As the first anniversary approaches of the UK’s decision to leave the European Union, Thomson Reuters has assessed the impact over the past year on investment banking.
The decision by MSCI to include China shares in its Emerging Markets Index is called “a pivotal moment for global investment”.
European banks will be forced to reveal any cybersecurity breaches in future under proposed European Central Bank regulation.