European Conference on Financial Services (ECFS 2018) is an initiative of the Institute of Financial Studies, "Petru Maior" University, the Romanian Research Society for Private and Public Affairs, "Transilvania" University and the University of Economic Studies and is to be held in Brașov between 15th and 16th of March, 2018. The conference is organized with the support of West University of Timisoara, „Wallachia” University of Târgoviște, "Babeș - Bolyai" University of Cluj Napoca, Romanian Association for Law and European Affairs (RALEA), Center for Arbitration and Mediation in Insurance (ACAMA), National Institute of Internal Control (INCIR) an the Romanian Patronage of Insurance - Reinsurance Brokers (PRBAR).
The latest technological advances, the implicit change in market conditions and the interest in protecting the investors, if we are talking about the financial market, as well as the insured persons, if we refer to the insurance market, are the reasons behind the European legislative revolution regarding the financial services domain. The enforcement of Regulation 2016/679 on the protection of personal data starting on 25th of May, 2018 is a milestone in any industry and directly addresses to individuals too. 2018 represents, also, the year of MIFID II / MIFIR and IDD implementation.
The panels included in two-day theoretical and practical debates are meant to identify appropriate solutions to a smooth and yet successful transition to the new European standards.
Conference organisers:
Conference partners:
Conference media partners:
Conference sponsors:
National Institute of Internal Control offers two points of continuous proffesional traning to the participants at ECFS 2018.
The presentations will be held by researchers, university professors, practitioners and other professionals, both from Romania and abroad, upon relevant subjects regarding legal and financial subjects as capital market, insurance and private pensions.
Thursday, March 15th, 2018
10:30 - 11:00 Participants registration
11:00 - 11:30 Welcome speech
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Professor Leonardo BADEA, PhD, President, Financial Supervisory Authority, Bucharest |
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Professor Nicolae ISTUDOR, PhD, Rector, Bucharest University of Economic Studies*
*To be confirmed. |
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Călin RANGU, Chairman, Institute of Financial Studies, Bucharest |
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Lecturer Ioan-Ovidiu SPĂTĂCEAN, PhD, Prodean, „Petru Maior” University Tîrgu Mureș |
11:30 - 13:00 Impact of the most recent European legislative implementation in financial matter.
Moderator: Călin RANGU
Speakers:
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Mircea URSACHE, Vicepresident, Financial Instruments and Investments Sector, Financial Supervisory Authority, Bucharest |
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Cătălina SAVA, Manager, The Supervisory and Control Division, the Financial Supervisory Authority, Bucharest MiFid - the directive which influences the market. |
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Ștefan PRIGOREANU, Vicepresident, CFA Romania; CEO Millenium Insurance Broker S.A. 2018 (GDPR and IDD) regulations and their impact on brokers and customers. |
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Alexandra SMEDOIU, Board member, CFA Romania Macroeconomic developments and their impact on the local financial market |
13:00 - 14:00 Lunch break
14:00 - 15:30 Alternative resolution of financial disputes.
Moderators: Cătălin CÂMPEANU, Daniel-Mihail ȘANDRU
Speakers:
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Cristian JURA, PhD, Secretary of State, National Council for Combating Discrimination, Bucharest 2018 - A new International Convention on Alternative Dispute Resolution. |
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Claudiu Emanuil STĂNESCU, Board coordinator, Alternative Dispute Resolution Entity in the Non-Banking Sector (SAL-Fin), Financial Supervisory Authority, Bucharest Alternative dispute resolution in the non-banking financial sector - between theory and practice. |
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Ruxandra CHIRU, PhD student, deputy chief arbitration assistant, Court of International Commercial Arbitration attached to the Chamber of Commerce and Industry of Romania Recognition and enforcement of foreign arbitration awards. 60 years since the signing of the New York Convention. |
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Alina Mioara COBUZ - BĂGNARU, PhD, Founding member, „Cobuz & Asociații”, Bucharest; lecturer, Bucharest University of Economic Studies Issues that may arise when dealing with the alternative resolution of financial disputes. |
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Rodica VLAICU, arbitrator, President, Institutionalized Arbitration Association Alternative solutions in solving litigations between the insured and the insurers. |
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Narcis PĂVĂLAȘCU, President, Center for Arbitration and Mediation in Insurance, Bucharest Benefits of specialized insurance arbitration. |
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Professor Daniel-Mihail ȘANDRU, PhD, coordinator, Center of European Law Studies of „Acad. Andrei Rădulescu” Legal Research Institute of Romanian Academy, Bucharest Essential elements of the new Rules of Procedure of the Court of International Commercial Arbitration attached to the Chamber of Commerce and Industry of Romania. |
15:30 - 15:45 Book Launch
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Legislația Uniunii Europene privind protecția datelor personale Coordinators: Daniel-Mihail ȘANDRU, PhD Irina Alexe, PhD Universitară Publishing House, Bucharest, 2018 Presented by: associate professor Ciprian PĂUN, PhD, and lecturer Raul-Felix HODOȘ, PhD. |
15:45 - 17:00 GDPR impact for the suppliers of financial services.
Moderator: Irina ALEXE, Laura Elly NAGHI
Speakers:
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Associate professor Ciprian Adrian PĂUN, PhD, „Babeș-Bolyai” University, Cluj Napoca; lawyer, coordinator „Păun Ciprian & Asociații”, Cluj Napoca GDPR implementation within listed companies. Between transparency and confidentiality. |
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Stefania-Claudia VECERDEA, lawyer, Sibiu Bar Association Adina GAVRIL, lawyer, Cluj Bar Association Current issues in the organization of the General Assemblies. The issue of personal data management |
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Flavius FLOREA, senior associate, bpv GRIGORESCU ȘTEFĂNICĂ,
Consequences of the GDPR in Financial Services - Myths and Challenges |
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Lecturer Raul-Felix HODOȘ, PhD, „Petru Maior” University, Tîrgu Mureș; lawyer, coordinator „Hodoș & Asociații”, Bucharest GDPR challenges in the inssurance matter. |
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Irina ALEXE, PhD, associate scientific researcher, „Acad. Andrei Rădulescu” Legal Research Institute of Romanian Academy, Bucharest Institutional reform on data protection at European level. |
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Ec. Iulian STAN, PhD, Executive Vice-president, Societatea de Investiții Financiare Transilvania S.A., Brașov Sources of value creation for issuers who implement the Law no. 74/2015 on managers of alternative investment funds. |
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Associate Professor Iulian PANAIT, PhD, Head of Financial Stability and Market Analysis Sector, Financial Supervisory Authority, Bucharest
Laurențiu Paul BARANGĂ, PhD Student, Bucharest University - Bucharest University of Economic Studies |
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Ileana BOTEZ, Head of Listing Department, Bucharest Stock Exchange Family Businesses and their financing through the Bucharest Stock Exchange |
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Lecturer Ioan-Ovidiu SPĂTĂCEAN, PhD, „Petru Maior” University, Tîrgu Mureș Measurement of rational behavior in valuating the insolvency risk by investors - empirical evidence on the Bucharest Stock Exchange |
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Ana Gabriela ATANASIU, PhD, lawyer, Bucharest Bar Association |
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Iuliana Maria URSU, PhD student, West University, Timișoara; expert accesare Fonduri Europene New empirical evidence on E.M.H.: case of developed and emerging markets - a microeconomic approach |
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Dragoș CĂLIN, PhD, Legal Adviser, Director of Legal Department, Societatea de Investiții Financiare Transilvania S.A., Brașov Joint stock companies. Ordinary General Assembly vs. Extraordinary General Assembly. Ad-hoc transformation of an extraordinary meeting into an ordinary meeting. |
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Irina BEJAN, Head of Health Insurance Department, EUROINS Romania Voluntary health insurance EuroProtect |
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Assistant professor Adrian MITROI, PhD, Bucharest University of Economic Studies; member, Scientific Council of Institute of Financial Studies, Bucharest Antifragile personal investment finances: CALM - correlated asset and liability management |
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Alexandra DARMAZ-GUZUN, PhD student, West Unversity, Timișoara Analysis of the investments made on the Romanian capital market by the privately managed pension funds - Pillar II |
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Cătălin GOIA, PhD student, Bucharest Academy of Economic Studies Current trends regarding surveillance in the non-banking financial sector. Issues related to systemic risk management. |
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Lecturer Sergiu GOLUB, PhD, Prodean Faculty of Law, „Babeș-Bolyai” University, Cluj Napoca Fiducia (trust fund) - an alternative to diversifying employee benefits? |
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Lecturer Mihaela Daciana NATEA, PhD, „Petru Maior” University, Tîrgu Mureș Cost of sacrifice - the provision of military personnel. |
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Cosmin ȘERBĂNESCU, PhD, President, National Institute of Internal Control Fraud Prevention Schemes and Effectiveness of Detection Techniques in Financial Institutions |
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Carmen BURCEA, National Institute of Internal Control
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Simona FĂTU, member, Administration Council of National Society of Salt What do corporate governance and non-financial reporting have in common? |
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Răzvan BUTUCARU, partner Financial Advisory Services, MAZARS Romania The provisions of the new GDPR - how does it impact the activity of the internal audit function |
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Sebastian BODU, PhD, lawyer, Bucharest Bar Association Agency' problem in Listed Companies. |
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Raluca Simina BILȚI, PhD student, West University, Timișoara The impact of world government indicators on market investment behavior |
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Cornel COCA-CONSTANTINESCU, Vice-president, Insurance - Reinsurance Sector, Financial Supervisory Authority, Bucharest
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Dorel DUȚĂ, President, National Union of Insurance Brokerage and Consultancy Societies from Romania Cyber Insurance - a challenge for the market |
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Lecturer Andrei TINCA, PhD student, Bucharest University of Economic About blockchain technology and possible applications in insurance matter |
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Ioana Maria POPESCU, Head of Public Relations, Public Relations, Petitions and Financial Education, Financial Supervisory Authority, Bucharest. Use of drones in insurance industry |
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Lecturer Claudiu BOȚOC, PhD, Prodean, West University, Timișoara
The perspective of FinTech Paradigm for Romanian Financial Services
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Florentina ALMĂJANU, General Director, CFA Romania I, the client, have the right to know! |
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Associate professor Mihaela TEODORESCU, PhD, „Wallachia” University, Târgoviște Taxation and leasing costs. |
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Teaching asistent Silviu-Dorin ȘCHIOPU, PhD Student, „Transilvania” University, Brașov Short Considerations on the Right of Access by the Data Subject under Regulation (EU) 2016/679 |
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Associate professor Paul POPOVICI, PhD, lawyer, Arad Bar Association Intellectual property rights and financial services. |
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Associate professor Mădălina BOTINĂ, PhD, „Ovidius” University, Constanța; expert, People's Advocate Institution - Territorial Bureau Constanta The fundamental principle of corporate governance is „comply” or „explain” |
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Valentin IONESCU, Director, Reglementation - Authorization Directorate, Financial Supervisory Authority, Bucharest Work in progress |
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Lecturer Andreea STROE, PhD student, „Nicolae Titulescu” University, Bucharest Europe and Romania - an insurance overview |
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Nicoleta RADU NEACȘU, General Manager, Paid România |
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Ștefan PRIGOREANU, Vicepresident, PRBAR; CEO Millenium Insurance Broker S.A. Insurance intermediaries, between the new European requirements and the needs and expectations of the clients |
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Cristian BĂLĂNICĂ, Executive Manager, PRBAR ASF-PAID-PRBAR Joint Actions on Legislative Changes with Positive Impact on Insurance Coverage |
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Laura Elly NAGHI, PhD, Associate Professor, Bucharest University of Economic Studies; director, Educational Programs Center, Institute of Financial Studies, Bucharest Continuous professional training - opportunity or threat? |
Scientific papers:
The scientific papers that will be presented at ECFS 2018 will be sent until February 28th 2018, according to the editing requirements. The papers will be written in Romanian and will be accompanied by an abstract (in English), key terms and JEL classification. The text of the paper will be written in Times New Roman, font 10, one line distance. The use of diacritics is mandatory. For more information, please visit the Financial Studies Review website.
The most relevant scientific papers will be published, based on a selection process, in Theoretical and Applied Economics Review and in the Review of Financial Studies.
In order to be included into the publication process, the final version of these articles will be submitted until March 31st 2018, by e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it..
Participation fee:
The participation fee for attending ECFS 2018 can be paid until March 12th 2018, as following:
• RON 370 / person for both days, amount that includes participation at panels, coffee-breaks and Gala Dinner.
• RON 230 / person for both days, amount that includes participation at panels and coffee-breaks.
• RON 140 / person for one day, amount that includes participation at panels and coffee-breaks in one day of the Conference, chosen by the participant.
The participation fee is to be paid into the bank account of the Romanian Research Society for Private and Public Affairs: IBAN RO17 BREL 0002 0010 6313 0100 - Libra Internet Bank. In the situation of internet banking, payments it is necessary to be mentioned the destination of the amount as „Participation fee for ECFS 2018”.
The authors will not pay the participation fee if a scientific paper is presented.
Transportation and accommodation are the responsibilities of the participants and the expenses related are not included in the above mentioned fee.
• Titus PRESCURE, PhD, Professor, Pro Dean, "Transilvania" University of Brașov;
• Ion STANCU, PhD, Professor, Bucharest University of Economic Studies; General Manager, Institute of Financial Studies, Bucharest;
• Daniel-Mihail ȘANDRU, PhD, Professor; Coordinator, Center of European Law Studies of the Romanian Academy' Institute of Juridical Research "Acad. Andrei Rădulescu", Bucharest;
• Daniela ȘTEFĂNESCU, Associate Professor, Dean, „Petru Maior” University of Tîrgu Mureș.
• Irina ALEXE, PhD, Associated Researcher, Institute of Juridical Research "Acad. Andrei Rădulescu" of the Romanian Academy, Bucharest;
• Ioan SCHIAU, PhD, Professor, "Transilvania" University of Brașov;
• Claudiu BOȚOC, PhD, Assistant Professor, Pro Dean, West University of Timișoara;
• Dragoș CĂLIN, PhD, legal adviser, Director of Juridical Department, S.I.F. Transilvania, Brașov;
• Mircea Constantin DUICĂ, PhD, Associate Professor, Dean, "Wallachia" University of Targoviste;
• Sergiu GOLUB, PhD, Assistant Professor, Pro Dean, "Babeş Bolyai" University of Cluj Napoca;
• Raul-Felix HODOȘ, PhD, Assistant Professor, "Petru Maior" University of Tîrgu Mureș;
• Laura Elly NAGHI, PhD, Associate Professor, Bucharest University of Economic Studies; director, Educational Programs Center, Institute of Financial Studies, Bucharest;
• Ciprian PĂUN, PhD, Associate Professor, "Babeș-Bolyai" University, Cluj Napoca;
• Narcis PĂVĂLAȘCU, President, Center for Arbitration and Mediation in Insurance, Bucharest;
• Nicolae-Dragoș PLOEȘTEANU, PhD, Associate Professor, "Petru Maior" University of Tîrgu Mureș;
• Ioan-Ovidiu SPĂTĂCEAN, PhD, Assistant Professor, Pro Dean, "Petru Maior" University of Tîrgu Mureș;
• Alexandra DARMAZ GUZUN, PhD student; Person in charge of partnerships and research, Institute of Financial Studies, Bucharest;
• Andreea PETRACHE, Person in charge of events, Institute of Financial Studies, Bucharest;
• Daniela MICU, Executive director, Romanian Research Society for Private and Public Affairs, Tîrgu Mureș.
For further details regarding ECFS 2018, please contact us by email or by phone:
Phones:
- (+4)0766/433.102 - Alexandra DARMAZ GUZUN, Institute of Financial Studies, Bucharest (Call for Papers);
- (+4)0758/491.984 - Andreea PETRACHE, Institute of Financial Studies, Bucharest;
- (+4)0751/109.049 - Daniela MICU, Romanian Society of Research for Private and Public Affairs, Tîrgu Mureș.
E-mail: ecfs@jus.ro
Thank you for the interest shown for this scientific event.