ECFS 2019

European Conference on Financial Services
21th - 22th of March 2019,
Brasov, România

More details

ECFS 2019 - LOCATION

Europa Conference Center
Hotel Aro Palace*****
Brașov

More details

ABOUT ECFS 2018 Conference organisers / Partners / Sponsors

 

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:

  • Institute of Financial Studies, Bucharest;
  • "Petru Maior" University, Tîrgu Mureș;
  • Romanian Research Society for Private and Public Affairs, Tîrgu Mureș;
  • "Transilvania" University, Brașov;
  • Bucharest University of Economic Studies.

 

Conference partners:

  • West University, Timișoara;
  • „Wallachia” University, Târgoviște;
  • "Babeș - Bolyai" University of Cluj-Napoca;
  • Romanian Association for Law and European Affairs, Bucharest;
  • Center for Arbitration and Mediation in Insurance, Bucharest;
  • National Institute of Internal Control, Bucharest;
  • Romanian Patronage of Insurance - Reinsurance Brokers.

 

Conference media partners:

  • Theoretical and Applied Economics Review;
  • Review of Financial Studies;
  • XPRIMM Publications;
  • Association for Insurance Promotion.

 

Conference sponsors:

  • SOCIETATEA DE INVESTIȚII FINANCIARE TRANSILVANIA S.A., Brașov
  • EUROINS Romania.


National Institute of Internal Control offers two points of continuous proffesional traning to the participants at ECFS 2018.

ECFS 2018 ORGANISERS

001.jpg002ACAMA.jpg003.jpg

ECFS 2018 PARTNERS

01UMFST.png02UTB.png03UBB.jpg04UVT.jpg05ARDAE.jpg06ASEM.png

ECFS 2018 SPONSORS

SIF TRANSILVANIA

ECFS 2018 AGENDA

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

Professor Leonardo BADEA, PhD, President, Financial Supervisory Authority, Bucharest
man

Professor Nicolae ISTUDOR, PhD, Rector, Bucharest University of Economic Studies*

 

*To be confirmed.

Călin RANGU, Chairman, Institute of Financial Studies, Bucharest
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

Speake
rs:

Mircea URSACHE, Vicepresident, Financial Instruments and Investments Sector, Financial Supervisory Authority, Bucharest
woman

Cătălina SAVA, Manager, The Supervisory and Control Division, the Financial Supervisory Authority, Bucharest

MiFid - the directive which influences the market.

002 prigoreanu stefan Ștefan PRIGOREANU, Vicepresident, CFA Romania; CEO Millenium Insurance Broker S.A.

2018 (GDPR and IDD) regulations and their impact on brokers and customers.

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 CÂMPEANUDaniel-Mihail ȘANDRU

Speakers:

Cristian JURA, PhD, Secretary of State, National Council for Combating Discrimination, Bucharest

2018 - A new International Convention on Alternative Dispute Resolution.

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. 

woman 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.
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.
Rodica VLAICU, arbitrator, President, Institutionalized Arbitration Association

Alternative solutions in solving litigations between the insured and the insurers.
  Narcis PĂVĂLAȘCU, President, Center for Arbitration and Mediation in Insurance, Bucharest 

Benefits of specialized insurance arbitration.
001 Sandru Mihai poza 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

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:

  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.
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
   Flavius FLOREA, senior associate, bpv GRIGORESCU ȘTEFĂNICĂ,

Consequences of the GDPR in Financial Services - Myths and Challenges

 

Lecturer Raul-Felix HODOȘ, PhD, „Petru Maior” University, Tîrgu Mureș; lawyer, coordinator „Hodoș & Asociații”, Bucharest

GDPR challenges in the inssurance matter.

001 Alexe Irina poza Irina ALEXE, PhD, associate scientific researcher, „Acad. Andrei Rădulescu” Legal Research Institute of Romanian Academy, Bucharest

Institutional reform on data protection at European level.








18:00 - 22:00 Festive Dinner.

Friday, March 16th 


09:00 - 10:30 Challenges on the capital market.

Moderator:
Adrian MITROI

Speakers:

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.

Panait IulianBaranga Paul

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

Proposal of risk assessment for alternative investment funds regarding entity and aggregate at market level

Ileana BOTEZ, Head of Listing Department, Bucharest Stock Exchange

Family Businesses and their financing through the Bucharest Stock Exchange

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

Atanasiu Ana

Ana Gabriela ATANASIU, PhD, lawyer, Bucharest Bar Association

Shareholder activism

ursu iuliana  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
 

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.


09:00 - 10:15 Life insurance, private pensions - alternatives to diversify employee benefits.

Moderators:
Laura Elly NAGHI, Dan CONSTANTINESCU

Speakers:

woman

Irina BEJAN, Head of Health Insurance Department, EUROINS Romania

Voluntary health insurance EuroProtect

001 Mitroi A poza 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
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

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.

Lecturer Sergiu GOLUB, PhD, Prodean Faculty of Law, „Babeș-Bolyai” University, Cluj Napoca

Fiducia (trust fund) - an alternative to diversifying employee benefits?

Lecturer Mihaela Daciana NATEA, PhD, „Petru Maior” University, Tîrgu Mureș

Cost of sacrifice - the provision of military personnel.

10:45 - 11:45 Guvernance and internal control in the financial sector.

Moderators:
Florentina NEAGU, Cosmin ȘERBĂNESCU

Speakers:
Serbanescu Cosmin Cosmin ȘERBĂNESCU, PhD, President, National Institute of Internal Control 

Fraud Prevention Schemes and Effectiveness of Detection Techniques in Financial Institutions
Burcea Carmen

Carmen BURCEA, National Institute of Internal Control


Control environment - the foundation of an effective internal control system. Practical aspects on control environment audit.

 Fatu Simona  Simona FĂTU, member, Administration Council of National Society of Salt

What do corporate governance and non-financial reporting have in common?
Butucaru Razvan 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
Bodu Sebastian Sebastian BODU, PhD, lawyer, Bucharest Bar Association

Agency' problem in Listed Companies.
woman Raluca Simina BILȚI, PhD student, West University, Timișoara

The impact of world government indicators on market investment behavior

10:30 - 11:30 Fintech and Cyber risks
.

Moderators:
Călin RANGU, Iulian PANAIT

Speakers:
 ConstantinescuCornelCoca Stancu IonPanait Iulian

Cornel COCA-CONSTANTINESCU, Vice-president, Insurance - Reinsurance Sector, Financial Supervisory Authority, Bucharest


Professor Ion STANCU, PhD, General Manager, Institute of Financial Studies, Bucharest


Associate Professor Iulian PANAIT, PhD, Head of Financial Stability and Market Analysis Sector, Financial Supervisory Authority, Bucharest

Impact Study of Telematics Auto Insurance

Duta Dorel Dorel DUȚĂ, President, National Union of Insurance Brokerage and Consultancy Societies from Romania

Cyber Insurance - a challenge for the market
man Lecturer Andrei TINCA, PhD student, Bucharest University of Economic

About blockchain technology and possible applications in insurance matter
002 Popescu Ioana poza Ioana Maria POPESCU, Head of Public Relations, Public Relations, Petitions and Financial Education, Financial Supervisory Authority, Bucharest.

Use of drones in insurance industry

 


Professor Marilen Gabriel PIRTEA, PhD, Rector, West University, Timișoara

  

Lecturer Claudiu BOȚOC, PhD, Prodean, West University, Timișoara

 



Alexandru BOCIU, PhD student, West University, Timișoara

 

The perspective of FinTech Paradigm for Romanian Financial Services

 


11:45 - 13:00 Legal modifications in the financial markets
.


Moderator:
Raul-Felix HODOȘ

Speakers:
Florentina ALMĂJANU, General Director, CFA Romania

I, the client, have the right to know!
Associate professor Mihaela TEODORESCU, PhD, „Wallachia” University, Târgoviște

Taxation and leasing costs.
002 Schiopu Silviu poza 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

Associate professor Paul POPOVICI, PhD, lawyer, Arad Bar Association

Intellectual property rights and financial services.

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”


11:45 - 13:00 Trends in insurance intermediation. 

Moderators:
Cati STOICAN, Cătălin CÂMPEANU

Speakers:
Valentin IONESCU, Director, Reglementation - Authorization Directorate, Financial Supervisory Authority, Bucharest

Work in progress
Stroe Lecturer Andreea STROE, PhD student, „Nicolae Titulescu” University, Bucharest

Europe and Romania - an insurance overview 
Nicoleta RADU NEACȘU, General Manager, Paid România
002 prigoreanu stefan 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


Otilia Livia Florina MIHAI, President, PRBAR Academy; General manager, Consultant A.A. - Broker de Asigurare

Cristian BĂLĂNICĂ, Executive Manager, PRBAR

ASF-PAID-PRBAR Joint Actions on Legislative Changes with Positive Impact on Insurance Coverage

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?

13:00 - 14:00 Conclusions. Networking.

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.

CONFERENCE ORGANISATIONEuropean Conference on Financial Services ECFS 2018

Scientific Committee:

• 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.

Organizing Committee:

• 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.

CONTACT

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.

DMC Firewall is developed by Dean Marshall Consultancy Ltd