Team Leader, Digital Euro, DG FISMA, European Commission
Ignacio Terol
Senior Adviser, Directorate Digital Euro, ECB
Alexandra Maniati
Senior Director, Innovation & Cybersecurity, European Banking Federation
Moderator
Rebecca Christie
Senior Fellow, Bruegel
15.00-15.15
Coffee break
16.10-17.00
Panel discussion and Q&A
Jermy Prenio
Principal Advisor, Financial Stability Institute, Bank for International Settlements
David Henry Doyle
Vice President, Head of Government Affairs & Public Policy, EMEA, S&P Global
Juan Orti
Country Manager Spain, Head of Issuing Business Spain, Benelux and Nordics, American Express
Bryan Coughlan
Chief Economist, BEUC
Ana-Maria Fimin
Policy Officer, European Commission
Moderator
Jacki Davis
Managing Director, Meade Davis Communications
16.15-16.30
Coffee break
16.30-17.30
Session 3: Shaping Smarter Regulation – Delivering Competitive and integrated EU Financial Markets
Christian M. Stiefmüller
Senior Adviser, Research & Advocacy, Finance Watch
Andrea Beltramello
Directorate General for Financial Stability, Financial Services and Capital Markets Union Savings and Investments Union coordination, DG FISMA, European Commission
Anton van der Kraaij
Head of the Financial Regulation and Policy Division, DG Macroprudential Policy and Financial Stability, ECB
Jakub Michalik
Chief Policy Officer & Member of the Executive Committee, Euronext
Pablo Portugal
Senior Public Affairs Director, Regulatory, Compliance & Public Affairs Euroclear
Moderator
Jacki Davis
Managing Director, Meade Davis Communications
17.00-18.00
Networking drinks
What specific gaps in today’s euro payments will a digital euro fill, e.g. resilience, provider-agnostic access during outages, inclusion, cross-border retail?
Who should decide when to launch-and how should that governance balance democratic oversight with ECB independence over time?
What assurances would make people trust the digital euro’s privacy-especially for small, offline payments-while delivering proportionate AML/fraud controls and clear liability?
How do we ensure easy, voluntary access for all users, including vulnerable groups, and continuity/portability if a user is offboarded by a provider?
What is the right role for banks and payment providers, and what compensation/liability approach keeps services reliable and low-cost for end users and sustainable for merchants?
How should initial holding limits and their review cadence be set to encourage adoption while minimising financial-stability risks, including how “waterfalls” and “reverse waterfalls” work in practice?
What day-one expectations should we set for merchants and users in terms of end-to-end reliability,clear error messages/disputes, predictable settlement, no hidden fees, etc.?
How does the digital euro fit Europe’s competitiveness and sovereignty agenda vis-à-vis card schemes, stablecoins and MiCA?
How should legislative negotiations be sequenced with the ECB’s preparation work so industry can startbuilding without prejudging political choices?
Alexandra Maniati
Senior Director, Innovation & Cybersecurity, European Banking Federation
Alexandra is leading the European Banking Federation’s work on digital finance. Main topics under her remit include: the digital euro, open finance, payments, AI, cybersecurity/digital operational resilience, simplification in legislation on digital. Working closely with bank associations throughout Europe, she is responsible for the EBF digital innovation and cybersecurity strategy, positioning on legislative/regulatory processes, relations with EU institutions, and projects aimed at regulatory harmonization.
Céu Pereira
Team Leader, Digital Euro, DG FISMA, European Commission
Biography is coming soon.
Fernando Navarrete Rojas
Member of the European Parliament
Fernando Navarrete is a Member of the European Parliament for the 10th legislature, elected in 2024. He serves as Deputy Coordinator for the European People’s Party (EPP) in the Committee on Economic and Monetary Affairs (ECON) and as Coordinator for the EPP in the Subcommittee on Tax Matters (FISC). With over two decades of experience in economic policy and financial regulation, Navarrete has held senior leadership positions at the highest levels of public administration and central banking. Before joining the European Parliament, he was Chief of Staff to the Governor of Banco de España, where he played a pivotal role in shaping the bank’s strategy and gained deep insight into the workings of the Eurosystem and the Single Supervisory Mechanism. Prior to that, he served as Secretary General of the Spanish Treasury, overseeing financial policy and debt management for the Spanish government. He had previously been Director General of the Instituto de Crédito Oficial (Spain’s national development bank), where he played a key role in economic development initiatives. Earlier in his career, he led the Economic and Public Policy Department at FAES, designing a policy agenda to address the aftermath of the Global Financial Crisis. He started his professional journey as an economist at Banco de España, where he monitored the national implementation of the European banking regulatory framework.
Ignacio Terol
Senior Adviser, Directorate Digital Euro, ECB
Mr Ignacio Terol works at the ECB as strategy manager of the digital euro project in which he has been involved from its initiation. In this position, he and his team provide technical support to EU co-legislators on the digital euro regulation. Before this, he was involved in the provision of market infrastructures settling in central bank money at the ECB: TARGET2-Securities (T2S) and TIPS. Mr Terol holds a masters in economics and business administration from the Centro Universitario de Estudios Financieros (CUNEF).
Rebecca Christie
Senior Fellow, Bruegel
Rebecca Christie is a senior fellow at Bruegel, the Brussels-based economic policy think tank. She writes and speaks publicly about EU politics, financial regulation, tax and climate finance issues. Previously, she was the lead author on “Safeguarding the Euro in Times of Crisis”, the official history of the European Stability Mechanism, and worked for more than 20 years as an economics and politics correspondent for Bloomberg News, Dow Jones/The Wall Street Journal and the Financial Times.
Q&A and Polls
The broadcasted is muted. Do not forget to turn it on.
