MFS to dis­cuss chal­lenges in bank­ing and ship­ping

Financial Mirror (Cyprus) - - FRONT PAGE -

The Spring 2015 Multi­na­tional Fi­nance So­ci­ety (MFS) con­fer­ence will be held in Lar­naca this week­end un­der the aus­pices of the Co­op­er­a­tive Cen­tral Bank with spe­cial em­pha­sis this year on bank­ing and ship­ping.

“The con­fer­ence aims to ex­pand the aca­demic and prac­ti­cal con­tri­bu­tions of MFS in scholar and busi­ness com­mu­ni­ties in Cyprus and over­seas by stim­u­lat­ing and pro­mot­ing aca­demic ac­tiv­ity in fi­nance and to en­cour­age the dis­sem­i­na­tion of sci­en­tific re­search among schol­ars, prac­ti­tion­ers and gov­ern­ment pol­i­cy­mak­ers,” said Panayi­o­tis An­dreou, co-chair of the or­gan­is­ing com­mit­tee and As­sis­tant Pro­fes­sor of Fi­nance at the Cyprus Uni­ver­sity of Tech­nol­ogy.

“The con­fer­ence is also a unique op­por­tu­nity to dis­cuss top pri­or­ity is­sues in the global bank­ing in­dus­try that af­fect fi­nan­cial mar­kets and pro­fes­sional prac­tices in dif­fer­ent coun­tries around the world. For the first time, the con­fer­ence pro­gramme also in­cludes two ses­sions with pa­pers on ship­ping fi­nance, which is a re­search field that the So­ci­ety’s meet­ings aim to em­brace,” Dr An­dreou said.

This is the sec­ond time the spring MFS meet­ing is tak­ing place in Cyprus, with the first held last year, also in Lar­naca.

“Schol­ars and prac­ti­tion­ers em­braced this year’s call for pa­pers with great en­thu­si­asm. We re­ceived 116 sub­mis­sions of high qual­ity re­search pa­pers mak­ing the ref­er­ee­ing process a very dif­fi­cult task. Of those, 52 have been ac­cepted to be pre­sented in 15 par­al­lel ses­sions by re­searchers from Ger­many, Switzer­land, France, the US, UK, Greece, Is­rael, Turkey, Canada, United Arab Emi­rates, New Fin­land, Ire­land, Nor­way, Bel­gium and Cyprus.”

The event, on Fri­day to Sun­day, April 17-19, will also host two out­stand­ing key­note speak­ers.

Prof. Yakov Ami­hud has been in­vited to act as the first key­note speaker. He is the Ira Leon Ren­nert Pro­fes­sor of En­tre­pre­neur­ial Fi­nance at Stern School of Busi­ness, New York Uni­ver­sity, and will de­liver a ple­nary talk on his lat­est re­search, en­ti­tled “The Pric­ing of the Illiq­uid­ity Fac­tor’s Sys­tem­atic Risk”.

Prof. Gikas Har­dou­velis will also de­liver a ple­nary talk at the con­fer­ence. Prof. Har­dou­velis is a Pro­fes­sor of Fi­nance and Eco­nomics as the Uni­ver­sity of Pi­raeus and the for­mer Min­is­ter of Fi­nance of Greece and will give a ple­nary talk on “Eco­nomic Dis­tress In­side the Mon­e­tary Union”.

The con­fer­ence will also host a round­table dis­cus­sion on Satur­day, en­ti­tled “The New Era in Fi­nan­cial In­ter­me­di­a­tion, Sta­bil­ity and Reg­u­la­tion”. The round­table dis­cus­sion at 3.30pm at Apothiki 79, aims to bring to­gether some of the most in­flu­en­tial aca­demics, pol­i­cy­mak­ers and busi­ness lead­ers to dis­cuss top pri­or­ity is­sues in the bank­ing in­dus­try. It is open to the public.

The pan­el­lists for

this

event

are

Prof.

Zealand,

Panayi­o­tis Theo­dos­siou (Pro­fes­sor of Fi­nance at CUT and Mem­ber of the Na­tional Eco­nomic Coun­cil), Ni­cholas Had­jiyian­nis (Chair­man of the Co­op­er­a­tive Cen­tral Bank), Dr. Kostas Mavrides (MEP), Prof. An­dreas Char­i­tou (Pro­fes­sor of Ac­count­ing at Uni­ver­sity of Cyprus) and Prof. Niko­laos Philip­pas (Pro­fes­sor of Fi­nan­cial Man­age­ment at Uni­ver­sity of Pi­raeus).

The con­fer­ence is hosted at a build­ing of great cul­tural im­por­tance for the town of Lar­naca, the “House of Arts and Lit­er­a­ture” that is housed in the ren­o­vated el­e­gant and grand Ot­toman Bank struc­ture. The “House of Arts and Lit­er­a­ture” is lo­cated close to the “Mu­nic­i­pal Art Gallery” that hosted the 2014 MFS Sym­po­sium.

Dr An­dreou said that the con­fer­ence is a suc­cess thanks to the con­tri­bu­tion of the Depart­ment of Com­merce, Fi­nance and Ship­ping (CUT), Cen­tre for Quan­ti­ta­tive Re­search in Fi­nan­cial Eco­nomics (Durham Uni­ver­sity Busi­ness School) and the Co­op­er­a­tive Cen­tral Bank, with the Mayor of Lar­naca, An­dreas Louroutzi­atis, and the Mu­nic­i­pal Coun­cil pro­vid­ing sup­port and hos­pi­tal­ity. The co-chairs of the con­fer­ence are Dr Den­nis Philip and Panayi­o­tis Theo­dos­siou.

Sup­port­ing the con­fer­ence are the Co­op­er­a­tive Cen­tral Bank, UCLan Cyprus, Cen­tral Bank of Cyprus, Lar­naca Mu­nic­i­pal Cul­tural Cen­tre, Lar­naca Mu­nic­i­pal­ity, Lar­naca Tourism Board, CYTA, Cyprus Tourism Or­gan­i­sa­tion, Fi­nan­cial Mir­ror, ToThe­maOn­line and Cyprus Uni­ver­sity of Tech­nol­ogy.

For de­tails visit www.mf­so­ci­ety.org

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