CONFERENCE – ECRC has been asked to participate at a regulator’s forum on financial education and responsible lending in Hungary. On 15-16 October 2007, ECRC will be represented in the discussions that will be taking place at the Budapest Conference organised by the Hungarian Financial Supervisory Authority entitled “Financial Capability – Responsible Lending”. Dr Achim Tiffe from ECRC partner iff will be attending to explain the purpose behind the creation of the coalition as well as highlighting some of the practices and concerns observed in the EU Member States. The official language of the Forum is English, and the draft programme can be found below: INTERNATIONAL FORUM ON FINANCIAL CONSUMER PROTECTION AND EDUCATION “Financial Capability – Responsible Lending”- Budapest, 15-17 October 2007 DAY 1 8.30 Registration 9.00-9.45 Welcome address Mr. Gábor Miklós – Member of the Board, Hungarian Financial Supervisory Authority, Hungary Words from sponsoring countries • Mr. Jim Callon – Commissioner, Financial Consumer Agency of Canada • Mrs. Mary O’Dea – Consumer Director, Irish Financial Services Regulatory Authority 9.45-9.50 TECHNICAL BREAK Financial Capability I. What is financial capability? 9.50-11.00 National programs to raise financial capability Keynote speaker: Mr. John Rossi – Director, Financial Consumer Agency of Canada Speakers: • Mrs. Karen O'Leary – Deputy Head of Consumer Information, Irish Financial Services Regulatory Authority • Mr. Steve Stillwell – Education Policy Specialist, Financial Supervisory Authority, UK • Mr. Pascale Micoleau-Marcel – Delegate from the ‘Institut La Finance Pour Tous’, France COFFEE BREAK II. National programs and studies to raise financial capability 11.10-12.30 Keynote speaker: Ms. Flore-Anne Messy – representative of OECD Speakers: • Mrs. Nicole Koh Li-Er – Deputy Director, Monetary Authority of Singapore • Mr. Bernard Probst – Co-General Director, LerNetz AG, Switzerland and Mr. Stephan Wüthrich – Specialist, PostFinance, Switzerland • Mrs. Olivia Davids – Head of Consumer Education Department, Financial Services Board, South Africa • Ms. Flore-Anne Messy – representative of OECD LUNCH Transparency of information III. Disclosure mechanism 14.00-14.45 Keynote Speaker: Mrs. Koid Swee Lian – Director, Bank Negara Malaysia Speakers: • Mrs. Jeanne Hogarth – Manager, US Federal Reserved Board • Mr. Stephan Korinek – Head of Division, Financial Market Authority, Austria COFFEE BREAK IV. New approaches to inform consumers 14.45-15.45 Keynote Speaker: Mrs. Koid Swee Lian – Director, Bank Negara Malaysia Speakers: • Mr. Kjetil Karsrud – Head of Communications, Financial Supervisory Authority of Norway • Mr. Herald Miedema – Head of Department, Dutch Authority of Financial Markets COFFEE BREAK V. Social responsibility of financial service providers 16.00-16.45 Keynote speaker : Dr. Péter Schiffer – Deputy Director General, Hungarian Financial Supervisory Authority Speaker: Mr. Róbert Braun – Managing Director, Braun&Partners Ltd., Hungary END OF DAY 1 17.30 Sightseeing in Budapest 19.00 Evening reception in the Buda Castle DAY 2 Responsible Lending I. Problems with household credit and household indebtedness 9.00 -10.30 Keynote speaker: Mrs. Erika Marsi – Deputy Chair, ITCB Consulting and Training Ltd., Hungary Speakers: • Mrs. Jeanne Hogarth – Manager, US Federal Reserve Board • Mr. Gabriel Davel – Chief Executive Officer, National Credit Regulator, South Africa COFFEE BREAK 10.45-12.00 Round table discussion on consumers’ attitude in the relevant credit market Moderator: Mrs. Jeanne Hogarth – Manager, US Federal Reserve Board • Mr. Colin Neave – Ombudsman, Banking and Financial Services Ombudsman, Australia • Mr. Gabriel Davel – Chief Executive Officer, National Credit Regulator, South Africa • Mr. Achim Tiffe – Deputy Director, European Coalition for Responsible Credit – Institute for Financial Services COFFEE BREAK II. The role that conduct of business rules can play 12.10-13.10 Keynote speaker: Mr. Bernard Sheridan – Head of Department, Irish Financial Services Regulatory Authority Speakers: • Mrs. K.J. Udeshi – Chairman, Banking Codes and Standard Boards of India • Ms. Mónika Kék – Head of Department, Financial Services Department, Ministry of Finance, Hungary LUNCH III. Key regulatory issues 14.00-14.50 Keynote speaker: Mr. Jim Callon – Commissioner, Financial Consumer Agency of Canada Speaker: Ms. Sahar Nasr – Senior Financial Economist, Finance and Private Sector Development, The World Bank COFFEE BREAK IV. 15.00-16.10 Session A Fair market practices Keynote speaker : Ms. Andrea Máger – Member of the Competition Council, Hungarian Competition Authority Speakers: • Mrs. Helle Arnuiit – Director General, Consumer Protection Board of Estonia • Ms. Anette Bjaaland Andersen – Director, Danish Financial Authority Session B Market conduct / Risk based supervision Keynote speaker : Mr. Jim Callon – Financial Consumer Agency of Canada Speakers: • Mrs. Méro Katalin – Managing Director, Hungarian Financial Supervisory Authority • Ms. Sabine Sültrup – Senior Advisor, Federal Financial Supervisory Authority (BaFin), Germany COFFEE BREAK V. 16.20-17.30 Session A Financial consumer protection in emerging markets Keynote speaker: Ms. Astrid Ludin – Consultant, FinMark Trust, South Africa Speakers: • Prof. Dr. Niyazi Berk – Bahcesehir University, Turkey • Ms. Rossitza Wartonick – Head of Department, Bulgarian Financial Supervision Commission • Ms. Sladjana Cvijovic – Senior Advisor, National Bank of Serbia Session B European Union Keynote speaker: Ms. Sarah Lynch, representative of the EC Internal Market DG Speakers: • Ms. Francesca Santilli – Legal Adviser, European Banking Federation • Mr. Tamás Halasy – Marketing Director, FHB Bank, Hungary COFFEE BREAK 17.30-17.45 Closing Remarks –Mr. Gábor Miklós, Member of the Board, Hungarian Financial Supervisory Authority DAY 3 Future of the Forum 10.00-12.00 Closed discussion on the future of the Forum, possible solutions of closer co-operation Chairman: Mr. Bill Knight LUNCH ID: 40328 Author(s): SCR Publication date: 08/10/07     URL(s): Draft Programm of the Conference Conference Website

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