Top Banner
EFMD Special Interest Group Workplace Learning REPORT www.efmd.org/ sigs
20

EFMD Special Interest Group€¦ · EFMD Special Interest Group ... 7!!!! ...

Jul 19, 2020

Download

Documents

dariahiddleston
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: EFMD Special Interest Group€¦ · EFMD Special Interest Group ... 7!!!! ...

EFMD Special Interest Group

Workplace Learning

REPORT

www.efmd.org/s igs

Page 2: EFMD Special Interest Group€¦ · EFMD Special Interest Group ... 7!!!! ...
Page 3: EFMD Special Interest Group€¦ · EFMD Special Interest Group ... 7!!!! ...

!"#$%&'()*+)'#,-,.*/%)(-'&*0,1)#)21*3#"4%*5)%"#1!!!!

"!#!$ % & ' !!

!"#$%&'&(!'&!)*#!+,%-./$0#!

!

!

1#.,%)!,&!)*#!2345!+,%-./$0#!"#$%&'&(!! !

6.#0'$/!7&)#%#8)!9%,:.!!

;*$%/#8!<#&&'&(8=!<:/>!?@AA!!

!

!

()*+!),'+%--!./'0'1!1.''+!./'!234!%5.6,6.6'17!

• 388),%.6)8!

• 9::656'85;!

• 38.'&+%.6)8!

• )+&%861%.6)8!

!

!

<*.=*.1!685-*>'!!

• %!0%8%&'+!5/'5?-61.!.)!>','-)=!'::'5.6,'!1.+%.'&6'1!%8>!=+%5.65'1!.)!=+)0).'!@)+?=-%5'!-'%+868&!

• "A!1.+%.'&6'1!:)+!'8&%&68&!8)8B-'%+868&!=+):'116)8%-1!68!@)+?=-%5'!-'%+868&!

!

Page 4: EFMD Special Interest Group€¦ · EFMD Special Interest Group ... 7!!!! ...
Page 5: EFMD Special Interest Group€¦ · EFMD Special Interest Group ... 7!!!! ...

!"#$%&'()*+)'#,-,.*/%)(-'&*0,1)#)21*3#"4%*5)%"#1!!!!

C!#!$ % & ' !!

!!

"#$%&$%'!!

D'=)+.!):!./'!E5.6,6.6'1!%8>!(68>68&1!):!./'!9(FG!H)+?=-%5'!I'%+868&!2='56%-!38.'+'1.!4+)*=!J234K!LL!"!

M%5?&+)*8>!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!N!

O/'!D61'!):!H)+?=-%5'!I'%+868&!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!N!

O/'!D%.6)8%-'!:)+!H)+?=-%5'!I'%+868&!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!N!

9(FG!%8>!H)+?=-%5'!I'%+868&!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!P!

2='56%-!38.'+'1.!4+)*=!2.+*5.*+'Q!$+)5'11!%8>!()+0%.!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!R!

O/'!H)+?=-%5'!I'%+868&!234!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!R!

O/'!$%+.656=%.68&!<+&%861%.6)81!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!S!

O/'!T';!U/%--'8&'1!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!S!

O/'!O/'0'1!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!V!

O/'!T';!W*'1.6)81!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!V!

O/'!$''+!H)+?1/)=1!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!X!

H)+?1/)=!O)=651!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!X!

9Y.'+8%-!2='56%-61.!38=*.!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!X!

O/'!U)+=)+%.'!E>,61)+;!2'068%+1!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!"Z!

U%1'!2.*>6'1!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!""!

<*.=*.1!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!"C!

2/%+68&!9Y='+6'85'1!%8>!M'1.!$+%5.65'!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!"C!

O))-?6.1!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!"C!

2.+%.'&6'1!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!"C!

2%0=-'!(68>68&1!%8>!<*.=*.1!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!"C!

"L! F%8%&'+!U/'5?-61.!:)+!H)+?=-%5'!I'%+868&!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!"N!

CL! 2.+%.'&6'1!:)+!'8&%&68&!8)8B-'%+868&!=+):'116)8%-1!68!H)+?=-%5'!I'%+868&!LLLLLLLLLLLLLLLLLLLLLLLL!"N!

[68&!<8-68'!U)00*86.;!2*==)+.!LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!"P!

!

Page 6: EFMD Special Interest Group€¦ · EFMD Special Interest Group ... 7!!!! ...
Page 7: EFMD Special Interest Group€¦ · EFMD Special Interest Group ... 7!!!! ...

!"#$%&'()*+)'#,-,.*/%)(-'&*0,1)#)21*3#"4%*5)%"#1!!!!

N!#!$ % & ' !!

()*+,-#.$/!

B*#!1'8#!,C!+,%-./$0#!"#$%&'&(!!38!+'5'8.!;'%+1Q!/'+'!/%1!\''8!685+'%168&!68.'+'1.!68!./'!%==-65%.6)8!):!68:)+0%-!%8>!@)+?=-%5'!-'%+868&L!<+&%861%.6)81!/%,'!\''8!'Y=-)+68&!8'@!%==+)%5/'1!:)+!'0=-);''! >','-)=0'8.! ./%.! %+'! 8).! .6'>! .)! ./'! :)+0%-! 1.+*5.*+'>! 0'./)>1!%+)*8>!5-%11'1Q!5)*+1'1!%8>!5*++65*-%L!9]*%--;Q!./';!%+'!+',6,68&!)->!%==+)%5/'1!\*6-.!%+)*8>!%==+'8.65'1/6=!%8>!@)+?=-%5'!=+%5.65'1L!

38!=%+.Q!./61!+',6,%-!/%1!\''8!>+6,'8!\;!'5)8)065!'-'0'8.1L!$+'11*+'1!.)! -)@'+!.+%6868&!5)1.1!%8>! +'>*5'!\*>&'.1! :)+! .+%,'-!/%,'!\''8!%!0%^)+!5)816>'+%.6)8L!M*.!6.!/%1!%-1)!\''8!>+6,'8!\;!./'!+'%-61%.6)8!./%.!0)1.!%>*-.!-'%+868&!)55*+1!8).!./+)*&/! :)+0%-!0'./)>1! \*.! ./+)*&/! 'Y='+6'85'Q! =+%5.65'Q! 5)8,'+1%.6)81! %8>!+':-'5.6)8L!$')=-'!-'%+8!0%68-;!./+)*&/!>)68&!+%./'+!./%8!./+)*&/!?8)@68&L!

O/'! 685+'%1'>! 68.'+'1.! 68! @)+?=-%5'! -'%+868&! /%1! 8).! \''8! %60'>! %.! 160=-;!+'=-%568&!:)+0%-!0'./)>1Q!\*.!%.!\'..'+!'Y=-)6.68&!./'!-606.'>!.60'!%8>!\*>&'.1!%,%6-%\-'! .)! )+&%861%.6)81! 1)! ./';! 5%8! +'%-61'! 685+'%1'>! ='+:)+0%85'!60=+),'0'8.Q! &+'%.'+! '0=-);''! >','-)=0'8.! )==)+.*86.6'1! %8>! 60=+),'>!:-'Y6\6-6.;!68!./'!=+),616)8!):!-'%+868&!)==)+.*86.6'1!.)!./'!@)+?:)+5'L!

E>>6.6)8%--;Q! ./'! :)5*1! )8! @)+?=-%5'! -'%+868&! /%1! 8).! \''8! 5)8:68'>! .)! %8;!=%+.65*-%+! \*168'11! 1'5.)+! )+! .)! 1='56:65! &+)*=1! ):! '0=-);''1! J68>6,6>*%-!5)8.+6\*.)+1Q!:6+1.!-68'!0%8%&'+1!'.5LKQ!\*.!61!\'68&!%>)=.'>!%5+)11!%!@6>'!+%8&'!):!68>*1.+6'1Q!%&'856'1!%8>!&),'+80'8.!>'=%+.0'8.1L!!

!

B*#!1$)',&$/#!C,%!+,%-./$0#!"#$%&'&(!O/'! &+'%.'+! 68.'+'1.! 68! @)+?=-%5'! -'%+868&! /%1! :)--)@'>! ./'! =*\-65%.6)8! ):!+'1'%+5/!%8>!1*+,';!>%.%!),'+!./'!=%1.!"Z!;'%+1!./%.!68>65%.'1!6.1!'::'5.6,'8'11L!!O/'+'! 61! 8)@! 5)816>'+%\-'! ',6>'85'! ./%.!0)1.! %>*-.! -'%+868&! +'-%.'>! .)!@)+?!.%?'1! =-%5'! 68! ./'! @)+?=-%5'! +%./'+! 68! ./'! 5-%11+))0L! I)'@'81.'68! %8>!2=-'._'+!+'=)+.'>! 68! ./'6+! +'=)+.! :)+! ./'! `2! M*+'%*! ):! I%\)+! 2.%.61.651! .6.-'>!"()+0%-! %8>! 38:)+0%-! O+%6868&7! 9,6>'85'! :+)0! ./'! [I2ab! %1! -)8&! %&)! %1! "XXS!./%.7!

!"#$"%#&%#'()&*+,&$-&./'0&0/#1&2)$.&'3$40&0/#5(&6$37&5)-$(8'%%19&

<./'+!1.*>6'1!/%,'!,%-6>%.'>!./61L!!!

Page 8: EFMD Special Interest Group€¦ · EFMD Special Interest Group ... 7!!!! ...

!"#$%&'()*+)'#,-,.*/%)(-'&*0,1)#)21*3#"4%*5)%"#1!!!!

P!#!$ % & ' !!

E! U%=6.%-H)+?1! 1.*>;! +'=)+.'>! %! \+'%?>)@8! 68! 0'./)>1! ):! -'%+868&L! O/'6+!:68>68&1!68>65%.'>!./%.7!

!:""($;58'0#%1&*<,&$-&0/#&725%%7&#8"%$1##7&47#&$)&0/#&6$3&.#(#&%#'()#=&5)-$(8'%%1&0/($4>/&=57?4775$)7&.50/&?$@.$(2#(7A&7#%-@704=1A&8#)0$(5)>&31&8')'>#(7&')=&7585%'(&8#0/$=7B&C<,&.#(#&>'5)#=&-($8&-$(8'%&0('5)5)>9&&

F65/%'-!I)0\%+>)!%8>!D)\'+.!965/68&'+!):!./'!U'8.'+!:)+!U+'%.6,'!I'%>'+1/6=!68![)+./!U%+)-68%!=*\-61/'>!>%.%!)8!/)@!0%8%&'+1! -'%+8! 68! ./'6+!"XXS!\))?!D/#&E'(##(&:(?/50#?0&F#G#%$"8#)0&H%'))#(B!O/';!:)*8>!./%.7!

!I#77$)7&%#'()#=&31&74??#77-4%&')=&#--#?05G#&8')'>#(7&'(#&($4>/%1&*+,&-($8&0$4>/&6$37&C+,&-($8&"#$"%#&J8$70%1&0/#&3$77K&L+,&-($8&?$4(7#7&')=&(#'=5)>9!

E-./)*&/! ./'! 'Y%5.! ='+5'8.%&'1! ,%+;! :+)0! 1.*>;! .)! 1.*>;Q! ./'! ),'+@/'-068&!',6>'85'!68>65%.'1!./%.!@)+?=-%5'!-'%+868&!61!'Y.+'0'-;!60=)+.%8.!68!@)+?:)+5'!>','-)=0'8.L!!

!

2345!$&D!+,%-./$0#!"#$%&'&(!9(FG!U)+=)+%.'!2'+,65'1!+'%-61'>!'%+-;!./%.!./'!685+'%168&!68.'+'1.!%8>!%5.6,6.;!68!@)+?=-%5'! -'%+868&! +']*6+'>! :)5*1!%8>! 1*==)+.L! 38!'81*+68&! ./%.! 1'+,65'1! .)!5)+=)+%.'!0'0\'+1!%+'!\)./!-'%>68&B'>&'!%8>!+'-',%8.Q!%8>!:)--)@68&!%8!9(FG!U)+=)+%.'! 2'+,65'1! 1.+%.'&65! +',6'@! 68! CZZXQ! %! >'5616)8!@%1! .%?'8! .)! -%*85/! %!8*0\'+! ):! 2='56%-! 38.'+'1.! 4+)*=1! J2341KL! O/'! 234! 686.6%.6,'! 61! =%+.! ):! ./'!!9(FGb1!c9Y5'--'85'!68!U)+=)+%.'!I'%+868&b!1.+%.'&;L!

O/'! 2341! /%,'! \''8! =-%88'>! .)! /'-=! %>>+'11! ?';! 611*'1! )8! ./'!068>1! ):! ./'!9(FG! 5)+=)+%.'! 0'0\'+1! %8>! .)! =+),6>'! =''+B&+)*=1! @6./! )==)+.*86.6'1! .)!1/%+'!'Y='+6'85'1!%8>!\*6->!1)-*.6)81!.)!5)00)8!5/%--'8&'1L!!

E!=%+.65*-%+!=)68.!./%.!1/)*->!\'!8).'>!61!./%.Q!./'!2341!/%,'!\''8!>'16&8'>!.)!\'!=+)\-'0B>+6,'8!%8>!.)!%>>+'11!1='56:65!611*'1!:%568&!0'0\'+1L!O/'!:)+0%.!):!'%5/!234!61!5)81.+*5.'>!.)!%--)@!0'0\'+1!.)!0)\6-61'!./'!5)--'5.6,'!68.'--6&'85'!):! ./'! 5)00*86.;! %8>! .)! .%?'! ./'! -'%+868&! %8>! )*.=*.1! \%5?! 68.)! ./'6+! )@8!)+&%861%.6)81L!

O/'!9(FG!=+),6>'1!:%56-6.%.)+1!.)!1*==)+.!'%5/!234L!O/'1'!:%56-6.%.)+1!@)+?!@6./!./'!=%+.656=%.68&!)+&%861%.6)81!.)!1'.!./'!%&'8>%Q!\*6->!%!+)%>0%=!%8>!0%68.%68!0)0'8.*0!>*+68&!./'!=+)&+'11!):!./'!&+)*=L!

Page 9: EFMD Special Interest Group€¦ · EFMD Special Interest Group ... 7!!!! ...

!"#$%&'()*+)'#,-,.*/%)(-'&*0,1)#)21*3#"4%*5)%"#1!!!!

R!#!$ % & ' !!

E8!)*.-68'!):! ./'! 1.+*5.*+'Q! =+)5'11! %8>! :)+0%.!):! ./'! 234! 1.+*5.*+'! 61! 1/)@8!\'-)@L!

!

6.#0'$/!7&)#%#8)!9%,:.!6)%:0):%#=!E%,0#88!$&D!3,%F$)!

!

(6&!"7!1.+*5.*+'!%8>!:*85.6)8!):!./'!234!0)>'-L!

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

!

B*#!+,%-./$0#!"#$%&'&(!679!O/'!H)+?=-%5'!I'%+868&!2='56%-!38.'+'1.!4+)*=!@%1!'1.%\-61/'>!68!WC!):!CZZX!.)!%>>+'11!./'!5/%--'8&'!):!0%Y606168&!./'!\'8':6.1!):!8'@!.'5/8)-)&6'1!%8>!.))-1!J685-*>68&!@'\!CLZK!.)!1*==)+.!@)+?=-%5'!-'%+868&L!!

Page 10: EFMD Special Interest Group€¦ · EFMD Special Interest Group ... 7!!!! ...

!"#$%&'()*+)'#,-,.*/%)(-'&*0,1)#)21*3#"4%*5)%"#1!!!!

S!#!$ % & ' !!

3.1!:)5*1!@%1!.)!6>'8.6:;!./'!?';!-','+1Q!.))-1!%8>!1)-*.6)81!./%.!5%8!/'-=!.)!\*6->!1*1.%68%\-'! '0=-);''! 5%=%\6-6.;! \';)8>! ./'! 5)8:68'1! ):! :)+0%-! .+%6868&! %8>!>','-)=0'8.!5)*+1'1!%8>!=+)&+%00'1L!

$%+.656=%.68&!)+&%861%.6)81!@%8.'>!.)!%>>+'11!%==+)%5/'1!./%.!5)*->!\'!*1'>!68!%!8*0\'+!):!%+'%1Q!685-*>68&7!

! O/'!*1'!):!8'@! 68:)+0%-! -'%+868&!0'./)>1!%8>! .'5/8)-)&6'1!'0'+&68&!:+)0!H'\!CLZ!>','-)=0'8.1! 1*5/!%1! 1)56%-! 1):.@%+'!%8>!='+:)+0%85'!1*==)+.!1)-*.6)81L!

! O/'! '8&%&'0'8.! ):! 1*\^'5.! 0%..'+! 'Y='+.1! %1! )+6&68%.)+1! ):! -'%+868&!5)8.'8.L!

! U-)1'+!%-6&80'8.!@6./! -68'!0%8%&'+1!.)!>','-)=! 68:)+0%-!5)%5/68&!%8>!0'8.)+68&L!

! 38.'&+%.68&!'Y='+6'8.6%-!%8>!68:)+0%-!-'%+868&!@6./!:)+0%-!0'./)>1L!! M*6->68&!\'1.!=+%5.65'!./+)*&/!>61.+6\*.'>!@)+?68&!&+)*=1L!! $''+!-'%+868&!%8>!68:)+0%-!5)%5/68&!%==+)%5/'1L!! O'5/8)-)&;B\%1'>! >'-6,'+;! %8>! 5)81*0=.6)8! ):! -'%+868&! 5)8.'8.! %8>!

)./'+!+'-%.'>!%+'%1L!

!

B*#!E$%)'0'.$)'&(!G%($&'8$)',&8!<+&%861%.6)81!./%.!=%+.656=%.'>!68!./'!H)+?=-%5'!-'%+868&!234!@'+'!>+%@8!:+)0!%5+)11!./'!+%8&'!):!\*168'11!1'5.)+1!d!(68%856%-!2'+,65'1Q!e'%-./5%+'Q! 38>*1.+6%-!4))>1Q!U)81*0'+!4))>1Q!%8>!2'+,65'1L!!!O/';!685-*>'>7!

#$$%&'()!*+,!--.)!./0&1./$&)!2$%!3%$$4)!256/)!37859&$)!:;<)!=/$0%>)!*/4/?&)!@#A)!@3B)!A/C/!A/5D%EF!

<8'!):!./'!?';!1*55'11!:%5.)+1!:)+!./'!686.6%.6,'!@%1!./%.!=%+.656=%8.1!@)+?'>!68!%8!)='8!%8>!5)--%\)+%.6,'!0%88'+L!E--!@'+'!@6--68&!.)!1/%+'!./'6+!1*55'11'1!%8>!:%6-*+'1!%8>!-'%+8!:+)0!'%5/!)./'+L!<='8!1/%+68&!*8>'+!U/%./%0!e)*1'!D*-'1"!!=+),6>'>! %! +65/! '8,6+)80'8.! :)+! 1/%+68&! %8>! -'%+868&L! ! O/'! :%56-6.%.)+! :)+! ./'!&+)*=!@%1!./'!:)+0'+!UI<!):!O/)01)8!D'*.'+1Q!U/%+-'1!f'8868&1L!!

!

B*#!H#>!;*$//#&(#8!O/'! ),'+%--! 5/%--'8&'1! %8>! )*.=*.1! %&+''>! \;! ./'! =%+.656=%.68&! )+&%861%.6)81!@'+'7!

"L O)! 6>'8.6:;! ./'! ?';! -','+1Q! .))-1! %8>! 1)-*.6)81! ./%.! 5%8! /'-=! .)! \*6->!1*1.%68%\-'! '0=-);''! 5%=%\6-6.;! G,4/'D! ?+,! 0/'H%',E! /H! H/5>&$! ?5&%'%'6!&'D!D,C,$/I>,'?!0/J5E,E!&'D!I5/65&>>,EL!!

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"!When a meeting is held under the Chatham House Rule, participants are free to use the information received, but neither the identity nor the affiliation of the speaker(s), nor that of any other participant, may be revealed outside the meeting.!

Page 11: EFMD Special Interest Group€¦ · EFMD Special Interest Group ... 7!!!! ...

!"#$%&'()*+)'#,-,.*/%)(-'&*0,1)#)21*3#"4%*5)%"#1!!!!

V!#!$ % & ' !!

CL O)!@)+?!)8!?';! 611*'1! 68!@)+?=-%5'! -'%+868&!%8>!.)!D,C,$/I! E/$J?%/'E! ?+&?!I&5?%0%I&'?E!0&'!%>I$,>,'?!%'!?+,%5!/K'!0/'?,L?M!

$%+.656=%.68&!)+&%861%.6)81!%&+''>!./%.!./';!@'+'!'%5/!-))?68&!:)+!=+%5.65%-!/'-=!.)!'Y.'8>!./'6+!*1'!):!@)+?=-%5'!-'%+868&L!

!

B*#!B*#F#8!()*+!./'0'1!@'+'!%&+''>!:)+!./'!2347!

NM O''/C&?%/'7! IgG! 688),%.6)8Q! %&6-6.;! %8>! .'5/8)-)&6'1! +']*6+'>! .)!1*==)+.!@)+?=-%5'!-'%+868&!!

PM 2HH%0%,'047!H)+?=-%5'!-'%+868&!68!>6::65*-.!'5)8)065!.60'1Q!./'!5/%--'8&'!):!685+'%168&!\*168'11!60=%5.!*168&!@)+?=-%5'!-'%+868&!

QM O'?,65&?%/'7!F)>'-1!%8>!%==+)%5/'1!:)+!68.'&+%.68&!:)+0%-!-'%+868&!%8>!@)+?=-%5'!-'%+868&!

RM 856&'%E&?%/'7! U/%--'8&'1! ):! 1.+*5.*+68&! O+%6868&hIgG! )+&%861%.6)81! .)!1*==)+.!@)+?=-%5'!-'%+868&!

!

B*#!H#>!I:#8)',&8!OEEJ,E! %>>+'11'>! >*+68&! ./'! =''+! @)+?1/)=1!@'+'! :)5*1'>! )8! ./'! :)*+! %+'%1!%\),'!%8>!685-*>'>!SJ,E?%/'E!1*5/!%17!

3[[<iEO3<[7!

6L M$.& =$& .#& 3#70& =#G#%$"& '& ?4%04(#& $-& 5))$G'05$)& 5)& $4(& 0('5)5)>NIOF&$(>')57'05$)P& Q/'0& '(#& 0/#& 58"%5?'05$)7P& Q/'0& '(#& 0/#& "$0#)05'%&?/'%%#)>#7P&M$.&?')&.#&'%5>)&$4(&0('5)5)>&?$884)501&.50/&'&.$(2"%'?#&%#'()5)>&G575$)P!

66L Q/'0& '(#& 0/#& 3#70& '""($'?/#7& 0$& 5)0($=4?5)>& ')=& $(>')575)>& )#.&0#?/)$%$>5#7& @& #7"#?5'%%1& Q#3& CB+& 7$?5'%& %#'()5)>& ')=& 8#=5'& @& 5)0$&0('5)5)>NIOF&"($G575$)P&!

666L M$.&?')&.#& R3(5)>& %#'()5)>&0$&'%%SP& @& -($8&T#)&U& 0$&7#)5$(& %#'=#(7&')=&8')'>#(7A&-($8&V4($"#&0$&E/5)'&0$&W('X5%A&')=&'?($77&.$(25)>&=$8'5)7P!

9((3U39[Ua!

5B E')&.#&345%=&'&0$$%250&$-&"('?05?'%A& %$.&?$70&.$(2"%'?#&%#'()5)>&$"05$)7&0$&'?/5#G#&8$(#&#--5?5#)0&0('5)5)>NIOF&5)&=5--5?4%0&#?$)$85?&058#7P&M$.&?')& .#& =#75>)& %#'()5)>& '?05G505#7& %5)2#=& .50/& 3475)#77& 70('0#>5?&?/'%%#)>#7P&

Page 12: EFMD Special Interest Group€¦ · EFMD Special Interest Group ... 7!!!! ...

!"#$%&'()*+)'#,-,.*/%)(-'&*0,1)#)21*3#"4%*5)%"#1!!!!

A!#!$ % & ' !!

55B Q/'0& '(#& 3#70@"('?05?#& '""($'?/#7& 0$& 8#'74(5)>& .$(2"%'?#& %#'()5)>P&E')& .#& =#G#%$"& '& 7#0& $-& ($'=8'"7& ')=& 0$$%7& -$(& "'(05?5"'05)>&$(>')57'05$)7&0$&47#P&

555B M$.&=$&.#&'?/5#G#&#--5?5#)?1&>'5)7& 0/($4>/&.$(2"%'?#& %#'()5)>&./#(#&0('5)5)>NIOF&57&=#?#)0('%57#=&'?($77&84%05"%#&>#$>('"/5#7&')=&3475)#77&4)507P&&

5GB Q/'0&?')&.#&=$&0$&74""$(0&>($.5)>&?$8"')5#7&J#B>B& Y)=5'A&E/5)'K&.50/&/4>#&)483#(7&$-&7/$"&-%$$(&')=&74"#(G57$(&%#G#%&#8"%$1##7&0/'0&)##=&0$&3#&0('5)#=&')=&.50/&705%%&('0/#(&%$.&'??#"0')?#&$-&)#.&0#?/)$%$>5#7&74?/&'7&#I#'()5)>P&

3[O94DEO3<[!

6L Q/'0& 7/$4%=& 3#& 0/#& 3'%')?#& 3#0.##)& 7#%-@=5(#?0#=&.$(2"%'?#& %#'()5)>&')=&-$(8'%&0('5)5)>N%#'()5)>P&:(#&0/#(#&3#70@"('?05?#&#;'8"%#7P&E')&.#&=#G#%$"&'&7#0&$-&($'=8'"7&-$(&58"%#8#)05)>&'&3'%')?#=&$--#(5)>P!

66L M$.&=$&.#&#)?$4('>#&"#$"%#&0$&7/'(#&#;"#(5#)?#7&')=&3#70@"('?05?#&5)&=570(5340#=& >($4"7P& M$.& ?')&.#& 405%57#& .$(2"%'?#& %#'()5)>& 0$& '?/5#G#&0/57P&!

666L Q/'0& 058#-('8#7& '(#& (#'%5705?& 0$& 8$G#& 0$& '& R/$%5705?S& '""($'?/& 0$&74""$(05)>&$4(&70'2#/$%=#(7&.50/&')&5)0#>('0#=&IOF&-4)?05$)&')=&7#0&$-&$--#(5)>7P!

6,L M$.&?')&.#&0(')7-#(&%#'()5)>&-($8&?%'77($$8&0$&0/#&.$(2"%'?#&%#'=5)>&0$&7470'5)'3%#&?/')>#7&5)&3#/'G5$4(P&&!

,L M$.& =$& .#& 5=#)05-1& 3#70@"('?05?#7& 7/$.5)>& #--#?05G#& $)& 0/#& 6$3&=#G#%$"8#)0P&M$.& ?')&.#& 345%=& 7#%-@(#%5')0& %#'()5)>& 5)& 0/#&.$(2"%'?#&=(5G#)&J')=N$(&%#=K&31&8')'>#(7&')=&#)'3%#=&31&MZP!

<D4E[32EO3<[!

6L M$.& =$& .#& (#@$(5#)0'0#& 0('5)5)>NIOF& $(>')57'05$)& ')=& 0/#5(& 70'--& 0$&=#%5G#(& G'%4#& 0$& $4(& 3475)#77#7& ')=& 345%=& '& [(#"40'3%#& "(#7#)?#[& 5)&74""$(05)>&.$(2"%'?#&%#'()5)>&@&3$0/&#--5?5#)0%1&')=&#--#?05G#%1P&&E')&.#&"($=4?#& '& ["'?2[& $-& 0$$%7& ')=& 0#8"%'0#7& 0$& ')'%17#& #;5705)>& 70'0#& ')=&8'0?/&'>'5)70&3#70&"('?05?#&#;'8"%#7P!

66L Q/'0& ?$8"#0#)?5#7& ')=& ?'"'35%505#7& '(#& (#\45(#=& 0$& =#%5G#(&.$(2"%'?#&%#'()5)>& 7#(G5?#7P& E')& .#& >#0& #;"#(0& 5)"40& ')=& #;'8"%#7& $-& (#%#G')0&?$8"#0#)?1&-('8#.$(27&0/'0&.#&?$4%=&58"%#8#)0P!

555B Q/'0& '(#& 0/#& 3#70& '??$4)0'35%501@3'7#=& $(>')57'05$)'%& =#75>)7& -$(&0('5)5)>NIOF& 0$& -$70#(& .$(2"%'?#& %#'()5)>P& M$.&.$4%=& .#& (#$(>')57#&$)&'&3475)#77&"'(0)#(&8$=#%P&

Page 13: EFMD Special Interest Group€¦ · EFMD Special Interest Group ... 7!!!! ...

!"#$%&'()*+)'#,-,.*/%)(-'&*0,1)#)21*3#"4%*5)%"#1!!!!

X!#!$ % & ' !!

6,L M$.&=$&.#&#;"%$50&.$(%=.5=#&71)#(>5#7P&E')&.#&'77#83%#&(#7#'(?/&')=&3#70@"('?05?#&#;'8"%#7P!

,L Q/'0& '(#& 0/#& 3#70& >$G#()')?#& 8$=#%7& -$(& 0('5)5)>NIOF& 0$& %5)2& .50/&.$(2"%'?#&%#'()5)>&74""$(0P&E')&.#&345%=&'&7#0&$-&#;'8"%#7P!

,6L M$.& ?')& .#& >#0& 8';5848& #--5?5#)?5#7& .50/& '& >%$3'%& =#?#)0('%57#=&0('5)5)>&70(4?04(#P!

!

B*#!E##%!+,%-8*,.8!26Y!@)+?1/)=1!@'+'!/'->!:)+!./'!H)+?=-%5'!I'%+868&!234!\'.@''8!<5.)\'+!CZZX!%8>![),'0\'+! CZ"ZL! ()*+! ):! ./'!@)+?1/)=1!@'+'! :%5'B.)B:%5'! ','8.1! /'->! %.!./'!9(FG!)::65'1!68!M+*11'-1L!!O@)!@)+?1/)=1!@'+'!,6+.*%-!%8>!/'->!68!@'\68%+!:)+0%.!1)!=%+.656=%8.1!5)*->!%..'8>!@6./)*.!./'!'Y='81'!):!.+%,'-!)+!'%.68&!68.)!,%-*%\-'!.60'L!

O/'!@)+?1/)=1! %>>+'11'>! %!@6>'! +%8&'!):!@)+?=-%5'! -'%+868&! 611*'1L!F)1.! ):!./'!@)+?!@%1!5%++6'>!)*.!\'.@''8!./'!=%+.656=%.68&!)+&%861%.6)81Q!\*.!'Y.'+8%-!'Y='+.1!@'+'!%-1)!68,6.'>!.)!5)8.+6\*.'!.)!>615*116)81!%8>!=+),6>'!68=*.L!!

0#-+'1#2!3#24*'!9%5/!@)+?1/)=!.))?!%!1='56:65!.)=65!:)+!%8%-;161Q!1/%+68&!%8>!5)B5+'%.6)8!):!%==+)%5/'1!%8>!.))-1L!O)=651!685-*>'>7!

• 38.'&+%.68&!%8>!0%8%&68&!38:)+0%-!-'%+868&!• 2*==)+.68&!@)+?=-%5'!-'%+868&!@6./!.'5/8)-)&;!• 2.+%.'&6'1!:)+!'8&%&68&!0%8%&'+1!.)!1*==)+.!@)+?=-%5'!-'%+868&!• $''+!g!5)--%\)+%.6,'!@)+?=-%5'!-'%+868&!

56%&-$)7!82&*4)74'%!9$2.%!O/'!:)--)@68&!1='56:65!%+'%1!@'+'!%>>+'11'>! 68!=''+!@)+?1/)=1L! 38!1)0'!5%1'1!@6./!=%+.656=%.6)8!:+)0!'Y.'+8%-!'Y='+.17!

%L #00,EE! ?/! T,E,&50+! T,E/J50,E! H/5! U/5FI$&0,! 3,&5'%'67! D65/%+>!e)--68&1@)+./!):!./'!90'+%->!4+)*=!+%8!%!1'116)8!'Y=-%6868&!./'!9(FG!D'1'%+5/! I68?! +'1)*+5'L! D'1'%+5/! I68?! 61! =+),6>'>! \;! 9(FG! .)&'./'+!@6./!90'+%->!$*\-61/68&Q!%8>!@%1!0%>'!%,%6-%\-'!.)!234!0'0\'+1L!O/61!+'1)*+5'!&6,'1!%55'11! .)!%!,%1.! -6\+%+;!):!>61.6--'>!%+.65-'1Q! 5%1'! 1.*>6'1!%8>! +'1'%+5/! %+.65-'1! :+)0! ./'! @)+->b1! .)=! 5)0=%86'1! %8>! \*168'11!15/))-1!%8>!/%1!%!@6>'!+%8&'!):!@)+?=-%5'!-'%+868&!0%.'+6%-1L!!

\L *+,!V&$J,!/H!;?5J0?J5,D!U/5F1G&E,D!3,&5'%'67!$+):'11)+!U%+)-!U)1.-';!):! ./'! 381.6.*.'! ):! H)+?BM%1'>! I'%+868&! %.! F6>>-'1'Y! `86,'+16.;! 68!I)8>)8!=+),6>'>!68=*.!.)!./'!234!)8!/)@!@)+?B\%1'>!-'%+868&!5%8!%>>!,%-*'! .)! :)+0%-! >','-)=0'8.! =+)&+%00'1! \;! 'Y.'8>68&! 68.)! ./'!@)+?=-%5'L!!

Page 14: EFMD Special Interest Group€¦ · EFMD Special Interest Group ... 7!!!! ...

!"#$%&'()*+)'#,-,.*/%)(-'&*0,1)#)21*3#"4%*5)%"#1!!!!

"Z!#!$ % & ' !!

5L U/5FI$&0,!3,&5'%'6!%'!W%HH%0J$?!*%>,E7!G+!F%+.68!F)'/+-'Q!:)+0'+!UI<!):! G'*.15/'! M%8?Q! 1/%+'>! /61! 'Y='+6'85'1! @6./! ./'! 234! ):! /)@!@)+?=-%5'!-'%+868&!:6.1!@6./!eD!,%-*'!5+'%.6)8L!!

>L XE%'6!;/0%&$!@,D%&!?/!;JII/5?!U/5FI$&0,!3,&5'%'67!!f%8'!e%+.Q!G6+'5.)+!):! ./'! U'8.+'! :)+! I'%+868&! %8>! $'+:)+0%85'! O'5/8)-)&6'1! J@/65/!685-*>'1! )8'! ):! ./'! @)+->b1! 0)1.B,616.'>! -'%+868&! .'5/8)-)&6'1!@'\16.'1KQ! 1/%+'>! /'+! 'Y='+6'85'1! >*+68&! )8'! ):! ./'! ,6+.*%-! 234!@)+?1/)=1! ):! /)@! )+&%861%.6)81! %+'! *168&! 1)56%-! 0'>6%! .)! 1*==)+.!@)+?=-%5'! -'%+868&! %8>! ./'! c.)=! .))-1b! \'68&! *1'>! :)+! 1)56%-! %8>!@)+?=-%5'!-'%+868&L!!

!

B*#!;,%.,%$)#!JDK'8,%>!6#F'&$%8!!O@)! U)+=)+%.'! E>,61)+;! 2'068%+1! JUE2K! @'+'! +*8! 68! 5)8^*85.6)8! @6./!H)+?=-%5'! I'%+868&! 234! @)+?1/)=1L! O/'1'! =+),6>'>! %8! )==)+.*86.;! :)+! 234!=%+.656=%8.1!.)!&%68!?8)@-'>&'!:+)0!'Y.'+8%-!'Y='+.1!%8>!1/%+'!'Y='+6'85'1!%8>!>615*11! 5/%--'8&'1! @6./! %! @6>'+! &+)*=! ):! )+&%861%.6)81L! 9Y.'+8%-! 'Y='+.1!=+),6>'>!6816&/.!%8>!=+'1'8.'>!5%1'!1.*>6'1!%.!./'1'!UE2!','8.1L!

O)=651! %>>+'11'>! 68! ./'! UE2! ','8.1! -68?'>! @6./! ./'! H)+?=-%5'! I'%+868&! 234!685-*>'>7!

%L U/5FI$&0,! $,&5'%'6! &'D! ?+,! YZ[PZ[NZ! @/D,$7! O/61! 0)>'-! /%1! \''8!@6>'-;! 60=-'0'8.'>! \;! )+&%861%.6)81! ),'+! ./'! =%1.! .'8! ;'%+1! .)! /'-=!@6>'8! :)5*1! \';)8>! ./'! 5-%11+))0! %8>! :)+0%-! >','-)=0'8.! %8>! .)!685-*>'! @)+?=-%5'! -'%+868&Q! 68:)+0%-! -'%+868&! %8>! 1)56%-! -'%+868&! 68! %!1.+*5.*+'>!06Y!):!>','-)=0'8.!%5.6,6.6'1L!F%8;!)+&%861%.6)81Q!685-*>68&!&-)\%-! 5)0=%86'1! 1*5/! %1! [6?'Q! F%'+1?Q! $+65'H%.'+/)*1'U))='+1Q!Ib<+j%-Q!4)->0%8!2%5/1Q!e'@-'..!$%5?%+>Q![)?6%!%8>!E0'+65%8!9Y=+'11!/%,'! 60=-'0'8.'>! ./'! VZ7CZ7"Z! 0)>'-! 68! ./'6+! 1.+%.'&;L! U/%+-'1!f'8868&1Q!:)+0'+!UI<!%.!D'*.'+1!=+'1'8.'>!./61!5%1'!1.*>;L!!

\L *+,! -5%?%E+! *,$,0/>! W&5,P;+&5,! %'%?%&?%C,7! M+6.61/! O'-'5)0! /%1!60=-'0'8.'>!%!ca)*.*\'B-6?'b!=-%.:)+0!:)+!6.1!'8&68''+1L!O)&'./'+!@6./!E55'8.*+'Q! MO! \*6-.! ./'! .))-! 68! +'1=)81'! .)! :68>68&! ./%.! VAk! ):! MO!'0=-);''1!=+':'++'>!.)!-'%+8!:+)0!'%5/!)./'+!+%./'+!./%8!:+)0!:)+0%-!-'%+868&! '8,6+)80'8.1L! G%+'C2/%+'! =+),6>'1! ,6>')! =)>5%1.1! @/'+'!'0=-);''1! 5%8! 5+'%.'! %8>! *=-)%>! 1/)+.! -'%+868&! 8*&&'.1! .)! ./'6+!5)--'%&*'1! 68! '6./'+!,6>')! )+! %*>6)! :)+0%.L!G%+'C2/%+'! 1*==)+.1!@)+?=-%5'! >','-)=0'8.! \;! +%=6>-;! 5%=.*+68&! %8>!1=+'%>68&! -'%+868&!./+)*&/)*.! ./'! )+&%861%.6)8! 68! ./'! :)+0! ):! =)>5%1.1Q! >615*116)8!

Page 15: EFMD Special Interest Group€¦ · EFMD Special Interest Group ... 7!!!! ...

!"#$%&'()*+)'#,-,.*/%)(-'&*0,1)#)21*3#"4%*5)%"#1!!!!

""!#!$ % & ' !!

./+'%>1Q!\-)&1Q! D22! :''>1! %8>! )./'+! .+%>6.6)8%-! ?8)@-'>&'! %11'.1!J>)5*0'8.1Q! 5)*+1'1! %8>! =)+.%-1KL! $'.'+! M*.-'+Q! UI<! %.! MO! =+'1'8.'>!./61!5%1'!1.*>;L!

!5L :$/G&$! W,I$/4>,'?! /H! O''/C&?%C,! 3,&5'%'6! &'D! *+,! B/K,5! /H!

./'C,5E&?%/'E7! U+)11T8)@-'>&'Q! %! $%+61B\%1'>! -'%+868&! 1)-*.6)81!5)0=%8;! ./%.!\+68&1!@)+->B5-%11!'Y='+.1! .)! 6.1! 5-6'8.1Q! 61! '0\%+?'>!)8!./'! 68.'&+%.6)8! ):! H'\! CLZ! .))-1! %8>! %==+)%5/'1! @6./! 6.1! %5.6,6.6'1L!2.','! (6'/-! )8'! ):! ./'! :)*8>'+1! %8>! F%8%&68&! G6+'5.)+! ):!U+)11T8)@-'>&'Q! =+'1'8.'>! 5%1'! 1.*>6'1! :+)0! )+&%861%.6)81! 1*5/! %1!I'Y0%+?! %8>! 2%6='0!'Y=-%6868&! /)@!U+)11T8)@-'>&'! 61! 'Y=-)6.68&! ./'!=)@'+!):!5)8,'+1%.6)81!68!./'6+!>','-)=0'8.!%5.6,6.6'1L!

!>L =/K! @&'&6,5E! 3,&5'7! 4))>$+%5.65'Q! %8! 9>68\*+&/Q! 25).-%8>! \%1'>!

5)0=%8;! 5%++6'1! )*.! -'%>68&B'>&'! @)+?! 68! ='+:)+0%85'! 1*==)+.! %8>!@)+?1! @6./! 6.1! 5-6'8.1! /'-=68&! 1*==)+.! -'%>'+1! %8>! 0%8%&'+1! ./+)*&/!@)+?=-%5'! -'%+868&L! $'.'+! U%1'\)@Q! ./'! 0%8%&68&! >6+'5.)+! ):!4))>$+%5.65'Q!=+'1'8.'>!./'!+'1*-.1!):!%!1*+,';!./%.!:)*8>!./'!-'%+868&!%5.6,6.6'1! ):! 0%8%&'+1! >+%@! )8! 68:)+0%-! %8>! 1)56%-! -'%+868&!)==)+.*86.6'1! 68! ./'! @)+?=-%5'! :%+! 0)+'! :+']*'8.-;! ./%8! )8! :)+0%-!-'%+868&L!!

!'L <'/K$,D6,! @&?J5%?4! %'! 856&'%E&?%/'E7! $+):'11)+! D)8%->! F%6'+! ):!

I')=)->B(+%8_'81B`86,'+16.l.Q! 3881\+*5?Q! E*1.+6%! +%8! %! UE2! 1'116)8!:)5*1'>! )8! ./'! ',)-*.6)8! ):! ?8)@-'>&'! 0%8%&'0'8.! %8>! ='+1)8%-!?8)@-'>&'! 0%8%&'0'8.! %8>! ./'! 8''>! :)+! %&6-6.;Q! ?8)@-'>&'! 1/%+68&!%8>!@)+?=-%5'!5)--%\)+%.6)8!68!1*55'11:*-!)+&%861%.6)81L!!

!

;$8#!6):D'#8!G*+68&!./'!234!@)+?1/)=1!'%5/!)+&%861%.6)8!=+'1'8.'>!5%1'!1.*>6'1!):!@)+?=-%5'!-'%+868&!%5.6,6.6'1!%8>!686.6%.6,'1!@6./68!./'6+!)+&%861%.6)8L!!

O/'!8%.*+'!):!./'!@)+?=-%5'!-'%+868&!686.6%.6,'1!./%.!)+&%861%.6)81!1/%+'>!,%+6'>!@6>'-;!:+)0!./'!MMU!E5%>'0;Q!%8>!./'!%11)56%.'>!F<<!1)56%-!-'%+868&!'8,6+)80'8.Q!./%.!61!%,%6-%\-'!.)!%--!MMU!'0=-);''1!.)!./'![<i<![<DG32T!$''+!U)%5/68&&%==+)%5/!:)+!-'%+868&!./+)*&/!1.)+6'1!%8>!+':-'5.6)8!\;!\+68&68&!.)&'./'+!5)%5/Q!5)%5/''Q!:%56-6.%.)+!%8>!'Y.'+8%[email protected]'11'1b!68!%!1)56%-!&+)*=68&!:)+!>','-)=0'8.!%8>!./'!O<a<OE!]^F&J])@^$3&F#G#%$"8#)0K!%==+)%5/!./%.!1*==)+.1!./'!5)0=%8;b1!cO);).%!H%;b!068>1'.!%8>!=+%5.65'!68!./'!@)+?=-%5'L!!U)816>'+%\-'!-'%+868&!@%1!)\.%68'>!:+)0!>615*116)8!):!5%1'!1.*>;!0%.'+6%-L!

Page 16: EFMD Special Interest Group€¦ · EFMD Special Interest Group ... 7!!!! ...

!"#$%&'()*+)'#,-,.*/%)(-'&*0,1)#)21*3#"4%*5)%"#1!!!!

"C!#!$ % & ' !!

G:).:)8!O/'!?';!)*.=*.1!%8>!=%+.656=%8.!\'8':6.1!685-*>'7!

81)-4$,!562&-4&$*&'!)$/!(&'%!:-)*%4*&!NM .&E,! E?JD%,E! =+),'>! %! +65/! 1)*+5'! ):! >%.%! %8>! 'Y='+6'85'1! :)+!

5)8,'+1%.6)8! %8>! 1/%+68&L! 9%5/! =%+.656=%.68&! )+&%861%.6)8! =+),6>'>!,%+6)*1!5%1'!1.*>6'1!:)5*1'>!)8!%1='5.1!):!@)+?=-%5'!-'%+868&!!

PM B,,5!;/0%&$!@,D%&!;J5C,4!d!%!1*+,';!):!=%+.656=%.68&!)+&%861%.6)81b!*1'!):!1)56%-!0'>6%!:)+!-'%+868&!@%1!5%++6'>!)*.Q!:)5*1168&!)8!%+'%1!1*5/!%1!m%n! I'%+868&! U)00*86.6'1o! m\n! $+):'116)8%-! ['.@)+?1o! m5n! O))-1o! m>n!F%8%&'0'8.!):!1)56%-!0'>6%!:)+!'0=-);''!>','-)=0'8.!

!3##7+4%'!NM O))-?6.!%8>!&*6>'-68'1!:)+!\*6->68&!./>>J'%?%,E!/H!B5&0?%0,!

!PM O))-?6.!%8>!%==+)%5/! :)+!5%++;68&!)*.!;/0%&$!A,?K/5F!#'&$4E%E! .)!/'-=!

'0=-);''1!\*6->!8'.@)+?1!%8>!60=+),'!-'%+868&!./+)*&/!)./'+1!!

QM @&'&6,57E!.+,0F$%E?!):!CR!%5.6)81!.)!1*==)+.!@)+?=-%5'!-'%+868&!!

RM <./'+! ?//$EQ! D&E+G/&5DE! %8>! E0/5,0&5DE! 68! *1'! \;! =%+.656=%.68&!)+&%861%.6)81!@'+'!'Y=-%68'>!%8>!1/%+'>!

8%-)%&,4&'!NM E11'0\-;! ):! C"! %-.'+8%.6,'! %==+)%5/'1! *1'>! \;! =%+.656=%.68&!

)+&%861%.6)81! .)! 1*==)+.! E?5&?,6%,E! H/5! ,'6&6%'6! '/'1$,&5'%'6!I5/H,EE%/'&$E!%'!K/5FI$&0,!$,&5'%'6!!

PM @/D,$!H/5!&'&$4E%'6!0+&$$,'6,E!&'D!G&55%,5E! :)+!'8&%&68&!0%8%&'+1!68!@)+?=-%5'! -'%+868&Q! %8>! %-.'+8%.6,'! 1.+%.'&6'1! %8>! )=.6)81! :)+!%>>+'1168&!./'0!!

QM B,5H/5>&'0,! ./'EJ$?%'6! &II5/&0+,E! .)! 1*==)+.! -'%+868&!=+):'116)8%-1!%8%-;1'!\*168'11!=+)\-'01!%8>!6>'8.6:;!@)+?=-%5'!-'%+868&!)=.6)81!

!

6$F./#!3'&D'&(8!$&D!G:).:)8!M'-)@!61!%!1'-'5.6)8!):!0)>'-1Q!5/'5?-61.1Q!1.+%.'&6'1!%8>!%5.6,6.6'1!./%.!@'+'!>','-)='>!\;!234!0'0\'+1!>*+68&!./'!@)+?1/)=17!

!

Page 17: EFMD Special Interest Group€¦ · EFMD Special Interest Group ... 7!!!! ...

!"#$%&'()*+)'#,-,.*/%)(-'&*0,1)#)21*3#"4%*5)%"#1!!!!

"N!#!$ % & ' !!

;< =)$),&-!"1&*+74'%!>#-!0#-+27)*&!?&)-$4$,!!<8'!.))-!>','-)='>!%1!=%+.!):!./'!H)+?=-%5'!I'%+868&!234!@%1!%!5/'5?-61.!:)+!0%8%&'+1L!!

O/'!+%.6)8%-'!\'/68>!5)81.+*5.6)8!):!./'!5/'5?-61.!61!./%.!./'+'!%+'!%!1'+6'1!):!]*'1.6)81!0%8%&'+1!5%8!\'!%1?'>!.)!/'-=!./'0!>','-)=!'::'5.6,'!1.+%.'&6'1!%8>!=+%5.65'1!.)!=+)0).'!@)+?=-%5'!-'%+868&L!!O/61!.))-!%1161.1!)+&%861%.6)81!*8>'+1.%8>!./'6+!0%8%&'0'8.!\'85/!1.+'8&./!.)!1*==)+.!@)+?=-%5'!-'%+868&L!

!

@&'&6,5!.+,0F$%E?!H/5!U/5FI$&0,!3,&5'%'6!

[','+!

D%+'-;!

2)0'.60

'1!

<:.'8!

E-@%;1!

N! G)!;)*!1'.!)*.!%!5-'%+!,616)8!%8>!>6+'5.6)8!:)+!;)*+!.'%0!0'0\'+1p! ! ! ! ! !P! G)!;)*!%-6&8!='+1)8%-!>','-)=0'8.!@6./!\*168'11!)\^'5.6,'1p! ! ! ! ! !Q! G)!;)*!5)00*865%.'!;)*+!'Y='5.%.6)81!5-'%+-;p! ! ! ! ! !R! G)!;)*!5)00*865%.'!;)*+!'Y='5.%.6)81!+'&*-%+-;p! ! ! ! ! !\! G)!;)*!'81*+'!./%.!','+;)8'!/%1!%!>','-)=0'8.!=-%8!68!=-%5'p! ! ! ! ! !]! G)!./'1'!>','-)=0'8.!=-%81!685-*>'!\)./!:)+0%-!%8>!68:)+0%-!)==)+.*86.6'1p! ! ! ! ! !Y! G)!;)*!'81*+'!./%.!68>6,6>*%-1!/%,'!./'!.60'!g!+'1)*+5'1!+']*6+'>!:)+!>','-)=0'8.p! ! ! ! ! !^! e)@!):.'8!>)!;)*!>615*11!68>6,6>*%-1b!>','-)=0'8.!@6./!./'0!Jq1*\Kp! ! ! ! ! !_! G)!;)*!@)+?!)8!>','-)=68&!5)8:6>'85'!%1!@'--!%1!1?6--1p! ! ! ! ! !NZ! G)!;)*!'81*+'!./%.!68>6,6>*%-1!%+'!0).6,%.'>!.)!%5/6','!>','-)=0'8.!)\^'5.6,'1p! ! ! ! ! !NN! G)!;)*!6>'8.6:;!%8>!5'-'\+%.'!1*55'11p! ! ! ! ! !NP! G)!;)*!+'&*-%+-;!68,6.'!:''>\%5?!)8!;)*+!)@8!%==+)%5/!.)!>','-)=0'8.p! ! ! ! ! !NQ! G)!;)*!>'0)81.+%.'!%!5)85'+8!:)+!68>6,6>*%-1b!+'%5.6)81!.)!:''>\%5?p! ! ! ! ! !NR! G)!;)*!'81*+'!./%.!\'1.!=+%5.65'!%8>!688),%.6)8!%+'!1/%+'>p! ! ! ! ! !N\! G)!;)*!/'-=!68>6,6>*%-1!.)!\*6->!./'6+!8'.@)+?!68!1*==)+.!):!./'6+!>','-)=0'8.p! ! ! ! ! !N]! G)!;)*!>615*11!.+%6868&!&)%-1!%8>!+',6'@!.+%6868&!)*.5)0'1p! ! ! ! ! !NY! e)@!):.'8!>)!;)*!+',6'@!>','-)=0'8.!8''>1p! ! ! ! ! !N^! G)!;)*!>'0)81.+%.'!;)*+!)@8!%=='.6.'!:)+!-'%+868&p! ! ! ! ! !N_! G)!;)*!=+),6>'!5)81.+*5.6,'!:''>\%5?!68!%!.60'-;!:%1/6)8p! ! ! ! ! !PZ! G)!;)*!'81*+'!./%.!68>6,6>*%-1!+':-'5.!)8!./'6+!='+:)+0%85'p! ! ! ! ! !PN! G)!;)*!5)8>*5.!-'11)81!-'%+8'>!+',6'@1!)8!=+)^'5.!5)0=-'.6)81p! ! ! ! ! !PP! G)!;)*!1'.!5-'%+!%8>!1.+'.5/68&!)\^'5.6,'1Q!./'8!0'%1*+'!)*.5)0'1p! ! ! ! ! !PQ! G)!;)*!'85)*+%&'!=')=-'!.)!&%68!8'@!'Y='+6'85'!%8>!1?6--1!.)!%5/6','!./'6+!:*--!=).'8.6%-p! ! ! ! ! !PR! G)!;)*!.%?'!%5.6)8!@/'8!./'!\%1651!1.%8>%+>1!):!='+:)+0%85'!%+'!8).!0'.p! ! ! ! ! !P\! G)!;)*!',%-*%.'!./'!5)8.+6\*.6)8!):!>','-)=0'8.!0'%1*+'1!.)!='+:)+0%85'p! ! ! ! ! !

!

@< 8%-)%&,4&'!>#-!5$,),4$,!A#$B?&)-$4$,!:-#>&''4#$)7'!4$!0#-+27)*&!?&)-$4$,!

!O/'!'::'5.6,'!'8&%&'0'8.!):!8)8B-'%+868&!=+):'116)8%-1!61!5+6.65%-!:)+!1*55'11:*-!@)+?=-%5'!-'%+868&L!3.!61!8'5'11%+;!:)+!)+&%861%.6)81!./%.!%+'!-))?68&!.)!1*55'11:*--;!1*==)+.!-'%+868&!68!./'!@)+?=-%5'!.)!'85)*+%&'!./'!>','-)=0'8.!):!5)00*86.6'1!):!=+%5.65'Q!5)%5/68&!5*-.*+'1Q!8'.@)+?68&!%8>!)./'+!%==+)%5/'1L!

<8'!):!./'!&+)*=b1!)*.!=*.1!@%1!%!-61.!):!"A!1.+%.'&6'1!./%.!5%8!/'-=!'8&%&'!8)8B-'%+868&!=+):'116)8%-1L!!2)0'!):!./'1'!@'+'!68!*1'!68!0'0\'+!)+&%861%.6)81L!!

Page 18: EFMD Special Interest Group€¦ · EFMD Special Interest Group ... 7!!!! ...

!"#$%&'()*+)'#,-,.*/%)(-'&*0,1)#)21*3#"4%*5)%"#1!!!!

"P!#!$ % & ' !!

<./'+1!/%>!\''8!1''8!68!*1'!'-1'@/'+'L!2.6--!)./'+1!@'+'!1*&&'1.6)81!):!1.+%.'&6'1!./%.!./'!5)81'81*1!):!)=686)8!%&+''>!@)*->!\'!*1':*-L!

! !8%-)%&,4&'!>#-!&$,),4$,!$#$B7&)-$4$,!2-#>&''4#$)7'!4$!0#-+27)*&!

?&)-$4$,!!

"! F%8%&'+1!U)%5/68&!F%8%&'+1!C! 2F9!\+)@8!\%&!-*85/'1!N! H'\B\%1'>!5)00*86.6'1!):!=+%5.65'!h!=+):'116)8%-!5)00*86.6'1!

B ()+*01!B G615*116)8!&+)*=1!B 2/%+68&!>)5*0'8.1!h!5%1'!1.*>6'1!'.5L!

P! $''+!5)81*-.68&!!R! E5.6)8!-'%+868&!1'.1!S! $''+!68.'+'1.!&+)*=1!V! 2=)81)+1/6=1!h!c\*>>6'1b!A! 2F9!0'8.)+68&!X! $+)^'5.!@)+?!%1!>','-)=0'8.!.))-!d!'L&L!%1!1.''+68&!5)006..''!0'0\'+1Q!%1!5)%5/'1!"Z! 2F91!%1!68.'+8%-!5)81*-.%8.1!""! 2F9!5)*8.'+=%+.!>','-)=0'8.!d!2F91!.'%5/68&!%8>!-'%+868&!./+)*&/!60=-'0'8.%.6)8!

):!8'@!=+)5'11'1Q!8'@!=+)5'>*+'1Q!8'@!1;1.'01!'.5L!"C! 2/%+68&!%8>!-'%+868&!:+)0!'Y='+6'85'!"N! 2.)+;.'--68&!d!2F91!1/%+68&!'Y='+.61'!%8>!'Y='+6'85'!./+)*&/!1.)+;.'--68&!!"P! I'%>'+B%1BO'%5/'+!"R! `168&!2F91!.)!'8%\-'!%8>!'85)*+%&'!16.*%.6)8%-!-'%+868&!"S! G'=-);0'8.!):!1)56%-!0'>6%!.)!1*==)+.!'Y='+.61'!1/%+68&!"V! E55'11!.)!F'8.)+1!%==+)%5/!"A! 38.'+8%-!5)%5/68&!*168&!IgG!0%8%&'+1!%1!5)%5/'1L!

!!

L'&(!G&/'&#!;,FF:&')>!6:..,%)!O/'!H)+?=-%5'!I'%+868&!234!'1.%\-61/'>!%8>!*1'>!%![3[4!)8-68'!'8,6+)80'8.!.)!1.)+'! %8>! 1/%+'! +'1)*+5'1! ./+)*&/)*.! ./'! -6:'! ):! ./'! &+)*=L! O/'! 16.'Q! %.!611%788)9:;<=%&>,-,.>(":Q!@%1!*1'>!>*+68&!./'!234!-6:'.60'!%1!%!+'=)16.)+;!:)+!%--! =+'1'8.%.6)8! 0%.'+6%-1! :+)0! ./'! 234! @)+?1/)=1! %8>! UE2! ','8.1! %8>! :)+!1.)+68&!1/%+'>!0%.'+6%-1!=+),6>'>!\;!=%+.656=%8.1L!

Page 19: EFMD Special Interest Group€¦ · EFMD Special Interest Group ... 7!!!! ...
Page 20: EFMD Special Interest Group€¦ · EFMD Special Interest Group ... 7!!!! ...

[email protected]/events

88 Rue Gachard box 3

1050 Brussels, BELGIUM

P +32 2 629 08 10F +32 2 629 08 11

VAT BE 411 610 491

[email protected]

EFMD is an internationalnot-for-profit association (aisbl)