The CSFI extended its scope in 2008 through the launch of a Fellowship programme. Starting with insurance, the Centre has paired with big players in the financial sector to run round-tables and dinner discussions on cutting-edge issues, culminating in a report written by the Fellow, who is the programme's intellectual leader.
Swiss Re/CSFI Fellowship in Global Insurance
The second CSFI Fellowship in Insurance, sponsored by Swiss Re, will commence in Summer 2013.
The Fellowship will provide thought leadership in the area of insurance and its regulation. It will do this through a programme which includes: a series of carefully-themed round-tables and dinners, involving senior figures from the industry, its regulators and the press, one or more of which may be held outside the UK; and a report of 10,000 to 20,000 words, prepared by the Fellow, that will include specific recommendations for both insurers and their regulators.
The Fellowship and the concluding report, will focus on the following:
- the ‘conventional’ view of insurance;
- the benefits of insurance;
- the economic and social environment;
- ‘conventional’ insurance regulation; and
- insurance and financial stability
The Fellow will be Paul Wright who has extensive international experience of both the insurance industry and of financial services more generally. Paul is well-placed to advance the debate on the challenges facing insurers (particularly life insurers) and the implications of these for their business and how it is regulated.
DTCC/CSFI Post-Trade Fellowship Programme
In October, 2012, the CSFI and the Depository Trust and Clearing Corporation (DTCC) completed a one year Fellowship programme in European post-trade architecture. The Fellow was Peter Norman, a former Financial Times journalist and author of two important books on European clearing and settlement and risk management.
In summary, the conluding report says that the European Union must speedily complete plans to safeguard its economy against a clearing house failure – and then add those plans to its existing programme for regulating the post-trade infrastructures that provide clearing and settlement services in financial markets. With equal urgency, the European Commission should launch a competition policy investigation to ensure that efficiency and competition are not sidelined in EU post-trade legislation. Those are the key messages in a report that builds on Peter’s research during the Fellowship and draws on insights gained from round-tables and dinners in London, Brussels, Frankfurt, Paris and Zurich. More info...
Visa CSFI Fellowship Programme
The first Visa/CSFI Fellowship Programme in Payments Technology was launched in 2008 and will be concluded with a report in 2011. Meanwhile, a second Visa/CSFI Fellowship Prgramme in Identity in Financial Services was launched in December 2010. The Fellow of both is Dave Birch, director (and co-founder) of Consult Hyperion, one of the UK’s leading IT consultancies. Dave is a former columnist for The Guardian, chairs the Digital Money Forum and runs his own blog on payments technology. Further information can be found at:http://digitaldebateblogs.typepad.com/vrf/
Citi/DFID CSFI Fellowship Programme
The second CSFI Development Fellowship will bridge the knowledge of the City with the markets of emerging countries and will look at how best to provide sustainable financial services to make a positive difference to some of the poorest people. The Fellowship is jointly supported by Citi and the Department for International Development. The Fellow is Sam Mendelson. To read a copy of the press release, please click here.
The programme was initially designed to accelerate the flow of new financial and technological ideas to emerging markets, for example, using mobile phones to move money in Kenya, deploying derivatives to guarantee farm incomes in Botswana, building pensions systems for the very poor. Its first Fellow was Mark Napier, former Chief Executive Officer of the FinMark Trust. To obtain a free copy of the final report, published in February 2011, please click here.
Generali CSFI Fellowship Programme
This fellowship programme was launched in September 2008 with Generali to study issues in the insurance field. The programme links iconoclastic financial practitioners and observers to the Centre and permits them to shape its work agenda. The Fellow is Shirley Beglinger (the author of two CSFI reports, and a former senior staff member at Swiss Re and Aon).