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Lessons from the banking turmoil in terms of regulation and supervision

Day 1 Morning

Wednesday 13 September

Room :

ROOM 1

Speakers

Chair
Margarita Delgado
Deputy Governor - Banco de EsPublic Authorithyña
Public Authorities
Neil Esho
Secretary General - BCBS
Alain Girard
Head of Recovery and Resolution Division & Member of the Executive Board - Swiss Financial Market Supervisory Authority (FINMA)
Hirohide Kouguchi
Executive Director, Financial Stability - Bank of JaPublic Authorithyn
Dominique Laboureix
Chair - Single Resolution Board (SRB)
Victoria Saporta
Executive Committee Chair, IAIS & Executive Director of Prudential Policy, Bank of England - Bank of England
Industry Representatives
Alvaro Benzo
Public Authorithyrtner, Financial Regulation Unit - PricewaterhouseCoopers Auditores, S.L
Francesco Ceccato
Chief Executive Officer - Barclays Europe
Ana Fernández
 Global Head of Regulation and Internal Control -  Banco Bilbao Vizcaya Argentaria (BBVA)
Michael Schoch
Group Head of Governmental & Regulatory Affairs - UBS Group AG

Objectives of the roundtable

The session will look at the lessons to be learned from the banking turbulence at the start of the year in terms of regulation and supervision. Speakers will be invited to express their views on whether the lessons and adjustments needed are more a matter for supervision or regulation and on the priorities for achieving responsive, effective and forward-looking macro and micro supervision in all jurisdictions. The session will then focus on areas for further consideration from a regulatory and resolution perspective, revealed by the stresses in the US and Swiss banking sectors.

Points of discussion

  1. Does the banking turmoil earlier this year have more lessons for supervisors as compared to regulators? What are the priorities for achieving responsive and effective forward-looking macro and micro supervision?
  2. Are there areas for further consideration revealed by the strains in the US and Swiss banking sectors (e.g. how to reduce rapid contagion effects, CDS transactions involving a single name, global and regional crisis management frameworks, …)?