Chair Professor at the University of Zurich and Visiting Professor at the University of Hong Kong

1. Supervision of Financial Conglomerates New Approaches in the Aftermath of the Financial Crisis? Chair Professor at the University of Zurich and Visiting Professor at the University of Hong Kong Prof. Dr. Rolf H. Weber

2. Phenomenon of the Financial Conglomerates • Principles of Financial Conglomerates‘ Regulation • Rationale for Regulating Financial Conglomerates • Supervisory Backbone • International Supervisory Fundaments • Organizational Requirements • Quantitative Requirements • Qualitative Requirements • New Supervisory Issues • Fundamental Questions for Future Financial Conglomerates‘ Supervision Prof. Dr. Rolf H. Weber

3. Concept Phenomenon of Financial Conglomerates Models for Groups Impact of Financial Crises Prof. Dr. Rolf H. Weber

4. Definitions / Notions Concept Universal Banking / Functional Banking Parent Concept of “Allfinance” Prof. Dr. Rolf H. Weber

5. Integrated Model Parent-Subsidiary Model Group Models Holding Company Model Horizontal Group Model Prof. Dr. Rolf H. Weber

6. Consolidation v. Conglomeration Impact of Finacial Crises Too-big-to-fail Predominant Leg Prof. Dr. Rolf H. Weber

7. Potential Problems Rationale for Regulating Financial Conglomerates Sector-Based Differences Common Characteristics Prof. Dr. Rolf H. Weber

8. Double Gearing / Excessive Leveraging Contagion Potential Problems Lack of Transparency Conflicts of Interest Systematic Risks Prof. Dr. Rolf H. Weber

9. Banking and Securities Dealing Sector-Based Differences Banking and Insurance Prof. Dr. Rolf H. Weber

10. Fitness Tests Common Characteristics Compliance Risk Management Prof. Dr. Rolf H. Weber

11. Types of Supervision Supervisory Backbone Boundaries to Financial Conglomeration Prof. Dr. Rolf H. Weber

12. Stand-alone or Solo-Basis Supervision Supervision of Homogenous Financial Groups Types of Supervision Supervision of Financial Conglomerates Mixed-Activities Groups Prof. Dr. Rolf H. Weber

13. Limits Imposed on the Banking Sector Boundaries to Financial Conglomeration Limits Imposed on the Insurance Sector Prof. Dr. Rolf H. Weber

14. BIS & BCBS Tripartite Goup & Joint Forum Organizations IAIS International Supervisory Fundaments IOSCO Summits: Washington, London, Pittsburgh Reaction to Crisis FSB, BCBS, IAIS Prof. Dr. Rolf H. Weber

15. Accounting and Capital Adequacy Consolidated Risk Supervision Conglomerate-Wide Supervision I Quantitative Requirements Concept of Economic Unity Liquidity Requirements Intra-Group Transactions Prof. Dr. Rolf H. Weber

16. Adequate Group Organization Risk Management Conglomerate-Wide Supervision II Qualitative Requirements Group-wide Reporting Fitness and Propriety Tests Prof. Dr. Rolf H. Weber

17. Problems Lead Supervisor International Recommendations New Supervisory Issues Problems “Too-big-to-fail” International Discussions Prof. Dr. Rolf H. Weber

18. Fundamental Questions for Future Financial Conglomerates Supervisions • Is There Anything like a Concept of Convergence? • How should the Principle „Same Business, Same Rights, Same Rules“ be Applied? • Can Some Entities Remain Unregulated and Unsupervised? • To what Extent does Structure Matter? • How can Supervisory Cooperation be Increased? Prof. Dr. Rolf H. Weber