Financial Future (FF) is a high-level, membership-based discussion platform led by Wolf Klinz, former MEP and a leading member of the European Parliament’s Economic and Monetary Affairs (ECON) Committee in the post-crisis period.
Our purpose is to provide a platform for improving mutual understanding and constructive dialogue between legislators and the financial services industry with the aim of contributing to robust, well-designed legislation that serves both regulatory and stability objectives and the economic interests of the sector and the broader economy that it serves.
The FF meets 9-10 times per year to hold debates on live financial services files and some cross-cutting issues. We also host working dinners with VIP speakers twice per year with the support of our members.
Our workshops are roundtable discussions chaired by Wolf Klinz and featuring short introductory remarks from a panel of key stakeholders on the topic. Our speakers’ panels normally consist of the relevant European Parliament rapporteur or shadow(s), the European Commission Cabinet members or responsible Director/ head of unit, representatives from the Council Presidency, and representatives from the European financial services industry, academic experts, NGOs.
The audience of +/-30 to 50 includes FF members and EU officials, who are encouraged to get involved in an open and lively discussion with the speakers and also with each other – always under Chatham House rules.
Our workshops usually take place in Brussels usually 16:00 – 19:00 the Tuesday of the Committee week each month that the Parliament is in session. This includes a welcome coffee from 16:00 and a networking cocktail following the workshop. The workshop itself is usually from 16:30-18:00. Because of the relatively small size of the meeting and Chatham House rules, our discussions are often more interactive and detailed than bigger public Brussels events.
The venue of our meetings (rue d’Arlon 25, 1050 Brussels) is just off Place de Luxembourg and less than two minutes’ walk from the European Parliament.
What this platform offers you:
- Networking. Regular FF workshops and dinners provide with plenty of opportunities for informal, enjoyable networking with both speakers, Industry colleagues from across the sector and other interested EU officials.
- Efficient and timely policy discussions. FF members benefit from our open and frank exchange of views between key stakeholders often at any early stage in the legislative process, which is often more efficient and informative than a series of bilateral meetings with each individual stakeholder.
Wolf Klinz served as a Member of the European Parliament for the Free Democratic Party of Germany from 2004-14. He was an active member of the Economic and Financial Affairs (ECON) Committee and Chairman of the Special Committee on the Financial , Economic and Social Crisis Committee from 2009-11. He led negotiations across a range of issues including long-term finance, bank recovery and resolution and the European System of Financial Supervision Review. Wolf was previously a Partner with McKinsey & Company in the United Kingdom, Germany and France (1970-81), and a Vice-President of Eurochambres. He holds a PhD in economics from Vienna University and an MBA from INSEAD, Fontainebleau.
Financial Future was founded in 2009 by John Purvis CBE, a former banker in London, New York, Milan and Edinburgh and also ran his own financial consultancy for many years. John was a Member of the European Parliament for Scotland for over 15 years, and Vice-Chair of the EP’s Economic and Monetary Affairs Committee for seven and a half years until his retirement in 2009. His extensive experience led him to believe that a better understanding by both the practitioners and their advisors as to how the EU legislative process works and, in particular, the modus operandi of MEPs, would be extremely beneficial to everyone in the financial services policy sphere.