The Competition in Financial Services Summit 2025 - 2nd Annual

Registration
09:00

Chairperson's Opening Remarks
09:30

Keynote: The Treasury’s View on Building Competitiveness and Growth in Financial Services
09:40

Examining Financial Services Developments in the Digital Market: AI, Open Banking, and Tech Investment
10:15

• Open Banking: Digital ID, account to account payments
• AI pricing algorithms impact on competition and consumer protection
• Investment practices from Big Tech
• How regulators should respond to disruptions in financial services

Networking and Refreshment Break
11:00

Discussing the Interplay of Regulatory Regimes in Financial Services
11:20

• Concurrency arrangements and their effectiveness
• Recent trends in agency focus and enforcement
• What agencies are diverging on
• Interplay between consumer duty, financial stability, and competition

Examining Innovation and Competition in Payment Systems
12:05

• Where is the industry with commercial Variable Recurring Payments?
• Where are heading on reform of Digital Wallets?
• How the card schemes are innovating and how this affects payment policy
• Impacts of investigations into abuse of dominance in the payments systems space
• Consumer buy-in as a barrier to ensuring competition

Networking and Lunch Break
12:50

Assessing Developments in Digital Currencies
13:50

• Competition implications of digital currencies for payments
• Developments in the “DigitalEuro”
• Eco-system risks
• Global competition

Examining Competition Litigation and Class Actions Stretching the Boundaries of CPOs and Implications for Financial Services
14:35

• Will there be a rise in consumer litigation?
• Looking ahead to cases and the impact of key decisions
• Key strategic issues for litigation and class actions
• Mitigating damages and market-wide harm

Networking and Refreshment Break
15:20

Exploring the Impact of Recent Merger Control Developments to Financial Services
15:40

• Implications of recent tech cases for the financial services sector
• Novel theories of harm impacting financial services merger
• Are Killer Acquisitions a real issue?
• Implications of minority investment in and acquisitions of startup
• Navigating FDI and FSR regimes in mergers

Evaluating the Collaboration Between Financial Service Firms on Competition
16:25

• Ensuring AI large language models maintain compliance on information exchange
• Understanding how firms and fintech can interact without hindering competition
• Competition in labour markets: non-competes and no-poaching agreements
• How financial service firms collaborate to achieve their ESG goals and targets whilst maintaining compliance
• Collaboration in declining products and services

Chairperson’s Closing Remarks
17:10