The NFU Conference
The Nordic model disrupted: A seismic shift or a natural development?
The NFU Conference 2017, June 20 and 21, Reykjavik
The notion of social capital through collective bargaining is an essential building block of the Nordic economies. Trade unions have for decades balanced power, cooperative relationships on the labor market and coordinated wage formation. But what is the status of the Nordic model anno 2017? Are we seeing a Nordic model in disruption?
Digitalization, relocation of jobs and new forms of work are some of the issues that trade unions in the Nordic finance sectors are faced with today. Finance plays a key role in society but how can the Nordic finance sectors stay competitive and sustainable in a more globalised world?
Nordic Financial Unions (NFU) invites you to a two-days conference in Reykjavik, Iceland to discuss the future of the Nordic bank and insurance sector and the importance of cross-border trade union work.
The NFU conference will gather a wide range of contributors and high-level speakers that will shed light on the following sessions:
- Session 1: Effects of EU’s Finance Legislation on the Nordic Model
- Session 2: The Nordic Model in a Time of Change
- Session 3: The Future of Financial Advice
- Session 4: The Way Forward for the Nordic Finance Sector
Welcome to Reykjavik on June 20-21, 2017!
Day of arrival
Venue: Grand Hotel Reykjavik (Sigtún 38, 105 Reykjavík, Iceland)
Conference room: Gullteigur B
08:30 Registration and coffee
09:00 Opening of the NFU Conference 2017
Michael Budolfsen, President of NFU
Session 1: Effects of EU legislation on the Nordic model
Ella Sjödin, Head of EU Affairs, NFU
09:30 Key note: Nordic implementation of EU’s finance legislation
What effects does EU’s finance legislation have on the core principles of the Nordic model such as collective bargaining and trade union rights?
Alexandra Horváthová, Postdoc Research Fellow at the Centre for Enterprise Liability at Copenhagen University
10:15 Coffee break
10:45 Panel debate: EU’s finance legislation and the effects on employees and consumers
How is the EU’s finance legislation being implemented in the Nordic countries? Has the EU legislation provided improvements of employees’ rights and conditions and has the consumer protection in Europe been strengthened? Do the current policies take into consideration both the employee and the consumer perspectives?
- Lars Christian Ohnemus, Managing Director at the Centre for Corporate Governance, Copenhagen Business School
- Dominic Lindley, Financial Services Consultant and member of the Financial Services Consumer Panel in the UK and member of the European Banking Authority (EBA) stakeholder group
- Michael Budolfsen, President NFU, President UNI Europa Finance, Vice- President FSU-DK
Moderator: Arvid Ahrin, General Secretary, NFU
Session 2: The Nordic model in a time of change
13.00 Key note: Nordic cooperation from the Icelandic perspectiv
How has the Icelandic financial sector recovered since the financial crisis and what are the major challenges for the Icelandic and Nordic financial sectors today? What is the Icelandic perspective on Nordic cooperation and the future of the Nordic model?
Benedikt Jóhannesson, Icelandic Minister of Finance
13:45 Seminar sessions
a) Artificial intelligence and its impact on the labor market
Hanne Shapiro, Head of Innovation, Danish Technological Institute
b) The rise of digital platforms: How are trade unions responding?
Anna Ilsøe, Associate Professor, Employment Relations Research Centre, FAOS
c) Employees under pressure – the latest research projects from NFU
Ella Sjödin and Annika Stenström, Head of EU Affairs and Policy Advisor, NFU
15:00 Coffee break
15:20 Key note: The importance of a strong Nordic trade union movement
What role do the Nordic trade unions play in a European and global context?
Philip Jennings, General Secretary, UNI Global
16:00 Reflections from day one
Arvid Ahrin, General Secretary, NFU
19:00 Aperitif and dinner at Bryggjan Restaurant
Grandagardur 8, Reykjavik
Hosted by SSF
09:00 Welcome back
Session 3: The future of financial advice
09:10 Key note: A new, old form of banking?
Expansion of physical branches in the age of digitalization. Experiences from Handelsbanken
Mikael Sørensen, Head of UK Operations, Handelsbanken
10:00 Coffee break
10:30 Panel debate: The Future of Financial Advice
The panel will discuss what financial advice will look like in the future. What are the demands from the customers and how can financial institutions use this to their advantage? What will be the impact on trust and consumer relations with the increased use of robot-advice in financial services?
- Mikael Sørensen, Head of UK Operations, Handelsbanken
- Katrín Júlíusdóttir, Managing Director, the Icelandic Financial Services Association
- Hanne Shapiro, Head of Innovation, the Danish Technological Institute
- Pål Adrian Hellman, Vice-president of NFU and President of FSU-NO
Moderator: Ann-Helen Hopland, European Coordinator NFU
Session 4: The way forward for the Nordic financial sector
13:00 Key note: The competitive edge of the Nordic financial sector
What role will the Nordic financial sectors have in the development of the Nordic region? Does the Nordic model of both social partners and corporate governance provide a competitive advantage in this scenario?
Lars Christian Ohnemus, Managing Director, Institute of Corporate Governance at Copenhagen Business School
14:00 Coffee break
14:15 Reflections on the Nordic labor market in the years to come
What are the future labor market dynamics in the Nordic region and what implications will this development have on skills supply?
Hanne Shapiro, Head of Innovation and expert on labor market developments, Danish Technological Institute
14:45 Closing of conference
Michael Budolfsen, President of NFU
Day of depature
Presentations from the NFU Conference 2017
Key note: Lars Christian Ohnemus, Managing Director, Institute of Corporate Governance, Copenhagen Business School
Seminar: Anna Ilsøe, Associate Professor, Employment Relations Research Centre, FAOS
Key note: Benedikt Jóhannesson, Icelandic Minister of Finance and Economic Affairs
Seminar: Hanne Shapiro, Head of Innovation, Danish Technological Institute
Key note: Hanne Shapiro, Head of Innovation, Danish Technological Institute
Key note: Mikael Sørensen, CEO, Handelsbanken UK
Key note: Alexandra Horváthová, Postdoc Research Fellow at the Centre for Enterprise Liability, Copenhagen University