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Webinar

Margin call: how to navigate the energy market turmoil

Webinar part of the Challenges for Bank Board Members series of the Bank Board Academy

Add to calendar 2023-02-02 13:00 2023-02-02 14:00 Europe/Rome Margin call: how to navigate the energy market turmoil Online Online YYYY-MM-DD
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When

02 February 2023

13:00 - 14:00 CET

Where

Online

Online

This event will discuss the measures taken by governments to deal with the recent energy market crisis.

In 2022 energy companies experienced substantial increases in the margin calls for their derivative positions due to the reduction in the supply of gas or by changes in their existing contracts. 

This led to two levels of stress: on the one hand energy companies experienced significant liquidity needs, while, on the other, central clearing also experienced tensions. 

In this webinar, Klaus Loeber (ESMA) and Alberto De Paoli (ENEL), will examine the governmental interventions put in place to support the energy market and the importance of rethinking the existing regulatory framework.

Scientific Organiser(s):

Florence School of Banking and Finance

Speaker(s):

Klaus Löber (ESMA)

Alberto De Paoli (Enel)

Moderator(s):

Prof. Elena Carletti (Bocconi University)

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