Financial Market Leaders Meet in Lithuania: New Trends and Ambitious Goals

Date

2019 05 10

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How Brexit will change the European financial services markets, how to promote funding of sustainable development projects, under on-going discussions on climate change, how to exploit Lithuania’s leadership in Fintech area and to become the most attractive location for Wealthtech companies – these main topics will be discussed at the 7th International Financial Markets Conference “Financial Markets Re-defined: Exploring New Horizons“ to be held on 14 May in Vilnius.

“Lithuania on Fintech map of Europe is an innovative and viable state as well as a reliable partner. But this is not enough, we have to move forward by developing investment funds, especially asset management areas – Wealthtech and green bonds. Our goal is to become one of the best jurisdictions of financial services in the Baltic Sea region and idea generation laboratory in sustainable finances. By drafting Lithuania’s sustainable (green) finance action plan we hope to contribute to the containment of climate change effects with financial instruments’, says Minister of Finance Vilius Šapoka.

At the Conference, as every year, political, business and financial market leaders: Minister of Finance Vilius Šapoka, Chief Executive Officer for TheCityUK Miles Celic, Swedbank Robur Sustainability Manager Sarah Olofsson, Founder of Accelerator Frankfurt Ram Shohan, Associate Director at the European Bank for Reconstruction and Development Jim Turnbull, Head of Family Office Group, SEB Ole Fredrik Hamre, Chief Innovation Officer for CiTi Private Bank Philip Watson and other speakers will share their insights.

A representative of the Lithuanian Financial Market Institute, law firm WALLESS partner Joana Baublytė-Kulvietė welcomes the fact that Lithuania is one of the leading countries by the number of licenses issued to electronic money and payment institutions.

“Lithuania as an attractive jurisdiction is currently selected by payment market players, the investors are also interested in specialised bank opportunities. Could Lithuania expect the same results in saving, investment, asset management segments (Wealthtech) and what impact could it have on the development of financial markets, in general?“, queries a discussion moderator Ms. J. Baublytė-Kulvietė.

The discussion will focus on how wealth and asset management sectors are affected by technology, what regulative challenges are encountered with. Also, a success story of the European deposit platform Raisin will be presented.

Sustainable development financing expert Philippe Zaouati, CEO of Mirova and Chair of Finance for Tomorrow will review global and European market sustainable development financing trends, investors’ interests and opportunities for attracting international institutional investors to the Baltic Sea region.

A member of the Board of the Lithuanian Financial Market Institute, Director for Investment in UAB Litvalda Dr. Modestas Plakys states that a new development stage of the Lithuanian financial market begins, on the tip of which, within the next twenty years, will be family and specialised investment offices providing professional and complex financial services. The need to have competent advisors by the families which built up large and successful business is a follow up of the practice prevailing in the developed countries of the world in Lithuania. The discussion moderated by Dr. M. Plakys will  focus on global investment and risk management, administration and legal regulation practice of family offices, will address cooperation possibilities between domestic and global financial market players as well as their development opportunities, forwardness to choose and manage socially responsible and sustainable investments. 

 

About:

Financial Markets Conference “Financial Markets Re-defined: Exploring New Horizons“ is a high-level international event. At the Conference financial, business experts, decision makers from different countries of the world and Lithuania share insights about the latest trends in financial markets.

The Conference is organised by the Ministry of Finance and Lithuanian Financial Market Institute. The language of the event will be English. For more information please refer to http://financeconference.eu/