The banking employers' association CECA and the Faculty of Economic and Business Sciences of the Pontifical University Comillas (Comillas ICADE) have announced the first Chair of Banking Regulation that is being launched in Spain. According to the association in a statement, this new initiative aims to "promote cutting-edge academic research on the economic impact of banking regulation and provide rigorous evidence to the public debate."
The purpose of the Chair is to establish itself as a reference university space in the economic study of regulation, focusing on its consequences for the activity of financial entities, access to financing for the real economy, and the competitive capacity of the financial system.
To this end, the development of academic papers will be promoted, as well as the organization of conferences and seminars specialized in banking regulation. At the same time, the signing of cooperation agreements with university centers from other countries is contemplated in order to carry out joint research projects and training activities.
During the presentation event, Emiliano Tornese, head of the Financial Macroeconomics and Macroprudential Policy Unit of the European Commission; Ana Puente, deputy general director of Sustainable and Digital Finance of the Ministry of Economy, Trade and Business; José Sevilla, president of Unicaja; Matthias Bulach, director of Accounting, Management Control, and Capital of CaixaBank; Luis de Guindos, former vice president of the European Central Bank (ECB), and Antonio Romero, general director of CECA, along with the faculty of the university's Economics department, spoke.
During his speech, Antonio Romero emphasized that "Financial regulation has a direct impact on the ability of entities to finance companies and families, on the efficiency with which they channel savings towards investment, and ultimately, on the competitiveness of the European economy. Therefore, it is essential to promote a rigorous analysis of its economic effects and contribute to ensuring that public debate is increasingly based on evidence and less on perceptions."