The G20 has been the core crisis committee in the wake of the recent global uncertainty. Among its first and major tasks has been to tighten the rules and enforcement of financial regulation. It has done so by outlining global standards and demanding national enforcement, while also creating the Financial Stability Board. In this video, international affairs experts are asked to reflect on what the G20 has don in this area, and what tasks remain to avert future economic crises. (Filmed at CIGI-Chatham House workshop on Global Economic Governance in a World of Crisis, Rockefeller Foundations Bellagio Center, March 2010)
The second session focused on attaining a suitable international regulatory framework for successful global financial integration. Such a framework would reduce the risk of future crises and ensure financing for the investment and innovation that will drive growth going forward. If there is one key lesson to be gleaned from the crisis, it is that the evolution of financial markets and the integration of financial systems outpaced the development of international regulatory frameworks for the governance of global capital. In effect, financial markets are internationally integrated, but prudential regulation and supervision is nationally based. In this environment, financial firms exploited gaps in legal and regulatory frameworks in a process of "regulatory arbitrage" to engage in excessive risk-taking that put the entire global economy at risk. The session looked at international financial regulatory reform, including the implementation of new capital rules, strengthened cross-border resolution regimes and a framework for containing and mitigating potential risks from the so-called "shadow" banking system that operates outside the regulated banking sector. Strengthening the FSB is also key to the success of international financial regulation reforms. Revisions to the FSB Charter, endorsed by the G20 leaders, for placing the FSB on "an enduring organizational footing, with legal personality, strengthened governance, greater financial autonomy and enhanced capacity to coordinate the development and implementation of financial regulatory policies" would be the first step to achieving this goal. Prompt implementation of such Charter changes and a review of the FSB's representation structure would further reinforce the role of the FSB. Chair: Pierre Siklos, Wilfrid Laurier University, Balsillie School of International Affairs Panellists: James Aitken, Aitken Advisors Marshall Auerback, Institute for New Economic Thinking Eric Helleiner, University of Waterloo Sony Kapoor, ReDefine Sangchee Lee, Financial Services Commission
Views: 1021 Centre for International Governance Innovation
The CIGI Global Policy Forum is an exclusive, invitation-only series of talks offering authoritative analysis on policy-relevant issues affecting Canada and its place in the world. Launched in 2012 by The Centre for International Governance Innovation, and held at the Rideau Club in Ottawa, the CIGI Global Policy Forum offers audience members access to a wide range of distinguished speakers: policy experts and influencers shaping the world’s debates and discussions on global economic, security, development and environmental issues. Speaker: Malcolm D. Knight, CIGI Distinguished Fellow
Caught between the reputational damage inflicted to the world of finance by the financial crisis and the overwhelming regulatory response to it, international financial centres the world over are being faced with a number of challenges very different to those they have faced before. In association with QFCA, Silvia Pavoni, investment editor, chairs a round table discussion on these issues.
Views: 24 The Banker
Ch 1. New regulations effect on leading IFCs - International financial centres
Views: 40 The Banker
Martin Wolf, Chief Economics Commentator, Financial Times comments on the legacy of financial regulations failures, noting that we can't afford to have another financial crisis. CIGI is proud to partner with The Institute for New Economic Thinking, in sponsoring the Institute's fifth annual conference from April 10 to April 12, 2014, at the Fairmont Royal York Hotel in Toronto.
A slideshow peering into the future of international financial centres (IFCs) into the next 25 years, envisioning the possibilities for Shanghai and Bombay in the light of the rise of China and India. Ajay Shah, Macro/Finance Group, NIPFP, December 5, 2012 More information at: http://goo.gl/hGLb8
Views: 538 nipfpmf
Systemic Risk Centre and Law and Financial Markets Project public lecture Date: Tuesday 10 January 2017 Time: 6.30-8.00pm Venue: Sheikh Zayed Theatre, New Academic Building, LSE Speaker: Timothy G. Massad (Chairman of the Commodity Futures Trading Commission) Chair: Dr Eva Micheler (SRC, Department of Law) The global financial crisis caused massive unemployment, destroyed trillions in wealth, and triggered an international effort to strengthen the regulation of financial markets and institutions. Will the Brexit referendum and the 2016 U.S. election bring fundamental changes to that path? Mr. Massad has been on the front lines of the U.S. effort to combat the crisis and reform the international financial regulatory system, currently as Chairman of the U.S. Commodity Futures Trading Commission and formerly as Assistant Secretary for Financial Stability at the U.S. Treasury. As head of the U.S. government agency responsible for regulating the nearly $450 trillion futures and swaps markets, much of which is global in nature, Chairman Massad will bring his unique perspective to the future of the financial market regulatory framework agreed to by the G20 Leaders. Twitter Hashtag for this event: #LSEMassad
Views: 411 Systemic Risk Centre
Daniel Tarullo answers audience questions following his presentation of the key points of his new book, The Future of International Financial Regulation, published by the Peterson Institute for International Economics and released there at a meeting held October 23, 2008.
Mark Tennant, chairman of iBE UK, sat down with CSFI director Andrew Hilton following the Centre’s April 8 round-table on the co-ordination of international financial regulation. The conversation explored the case for a global lender of last resort given the increasingly interconnected and complex nature of financial services. This video was made possible by the generous support of StockWell Group. http://www.stockwellgroup.com
Chair: Benoît Cœuré, Member of the Executive Board, European Central Bank Financial regulatory reform after the crisis: An assessment Darrel Duffie, Professor, Stanford University Discussant: Charles Goodhart, Professor em., London School of Economics Regulation and structural change in financial systems Stijn Claessens, Senior Adviser, Board of Governors of the Federal Reserve System Discussant: Hyun Song Shin, Economic Adviser and Head of Research, Bank for International Settlements
Views: 1302 European Central Bank
On November 14, the Center on Regulation and Markets at Brookings hosted FDIC Chairman Martin Gruenberg for remarks on his experiences leading the nation’s deposit insurer, challenges to the financial system moving forward, and whether the U.S. is prepared to handle the next financial crisis at home and abroad. https://www.brookings.edu/events/financial-regulation-a-post-crisis-perspective/ (transcript available) Subscribe! http://www.youtube.com/subscription_center?add_user=BrookingsInstitution Follow Brookings on social media! Facebook: http://www.Facebook.com/Brookings Twitter: http://www.twitter.com/BrookingsInst Instagram: http://www.Instagram.com/brookingsinst LinkedIn: http://www.linkedin.com/com/company/the-brookings-institution
Views: 845 Brookings Institution
The Peterson Institute released its new study Banking on Basel: The Future of International Financial Regulation by Daniel K. Tarullo on October 23, 2008.
Nothing like a crisis to set the best jurisdictions apart from the rest, says Latham and Watkins's managing partner Villiers Terblanche. How did the DIFC fare over the past turbulent times?
Views: 4768 The Banker
CIGI Distinguished Fellow Malcolm D. Knight reflects on his time at the Council of Councils Sixth Regional Conference, "Managing the New Global Commons", and shares thoughts on the international governance of financial regulation.
In this episode, Kevin P. Gallagher, Associate Professor of Global Development Policy, Frederick S. Pardee School of Global Studies, Boston University visits the Inside the Issues studio to discuss his new book, "Ruling Capital: Emerging Markets and the Reregulation of Global Finance." Now in its fifth season, Inside the Issues — a weekly podcast series — offers timely and candid discussions with global governance experts on issues related to the core areas of CIGI expertise: Global Economy, Global Security & Politics and International Law. Learn more at: https://www.cigionline.org/video-series/inside-issues-season-five
Presenter - Katharina Pistor Katharina Pistor is Michael I. Sovern Professor of Law at Columbia Law School and director of its Center on Global Legal Transformation, which is conducting research projects on law and finance, the distributional effects of transnational private regulation, the tragedy of exclusion, and rescaling the state in the context of globalisation. Her research focuses on comparative law and institutions with emphasis on emerging markets, the legal construction of financial markets, governing essential resources, and law and development. She has published widely in leading law and social science journals and has co-authored and edited several books. In 2012 she was co-recipient (with Martin Hellwig) of the Max Planck Research Award on International Financial Regulation. She is also the recipient of research grants by the Institute for New Economic Thinking and the National Science Foundation.
Views: 452 TheSmithSchool
The regulatory changes and technological developments following the 2008 Global Financial Crisis are fundamentally changing the nature of financial markets, services and institutions. At the juncture of these two phenomena lies regulatory technology or ‘RegTech’ – the use of technology, particularly information technology, in the context of regulatory monitoring, reporting and compliance. RegTech developments are leading towards a paradigm shift necessitating the reconceptualization of financial regulation. RegTech to date has been focused on the digitization of manual reporting and compliance processes, for example in the context of know-your-customer requirements. However, the potential of RegTech is far greater – it has the potential to enable a close to real-time and proportionate regulatory regime that identifies and addresses risk while also facilitating far more efficient regulatory compliance. In this seminar, based on a new paper [ https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2847806 ], we argue that the transformative nature of technology will only be captured by a new approach that sits at the nexus between data, digital identity and regulation. We seek to expose the inadequacy and lack of ambition of simply digitizing analogue processes in a digital financial world. The development of financial technology (‘FinTech’), the rapid developments in emerging markets, and the recent pro-active stance of regulators in developing regulatory sandboxes, all represent a unique combination of events, which could facilitate the transition from one regulatory model to another. Speakers: Professor Douglas W. Arner is a Professor of Law at the University of Hong Kong and Project Coordinator of a major five-year project funded by the Hong Kong Research Grants Council Theme-based Research Scheme on “Enhancing Hong Kong's Future as a Leading International Financial Centre”. In addition, he is Co-Director of the Duke University-HKU Asia-America Institute in Transnational Law, and a Senior Visiting Fellow of Melbourne Law School, University of Melbourne. Douglas served as Head of the HKU Department of Law from 2011 to 2014 and from 2006 to 2011 he was the Director of HKU’s Asian Institute of International Financial Law, which he co-founded in 1999 along with the LLM in Corporate and Financial Law (of which he serves as Director along with the Faculty’s new LLM in Compliance and Regulation). He has published fifteen books and more than 100 articles, chapters and reports on international financial law and regulation, including most recently Reconceptualising Global Finance and its Regulation (Cambridge 2016). Douglas is a member of the Hong Kong Financial Services Development Council and of the International Advisory Board of the Australian Centre for International Finance and Regulation. Janos Barberis is a Research Fellow of the Asian Institute of International Financial Law at the University of Hong Kong. He was previously involved in the establishment of a new retail bank in the United Kingdom. He now supports the development of Hong Kong as a leading FinTech hub as the Founder of FinTech.HK and SuperCharger. He also is the co-editor of The FinTech Book, published by Wiley.
Views: 1983 Faculty of Law, The University of Hong Kong
Could Banking Regulation Rein in Social Media Giants? | Centre for International Governance Innovation Could Banking Regulation Rein in Social Media Giants? | Centre for International Governance Innovation Facebook CEO Mark Zuckerberg leaves the Rayburn House Office Building after testifying on Capitol Hill in Washington on April 11, 2018. (AP Photo/Jacquelyn Martin) After 18 months of investigating disinformation, fake news and the growing influence of social media platforms, the British parliamentary committee concluded that between 2011 and 2015 Facebook intentionally and knowingly violated both data privacy and anti-competition laws, and that it must be overseen by an independent regulator. Th... SUBSCRIBE To Our Channel Facebook : https://www.facebook.com/World-Breaking-News-1801911953358902/ Twitter : https://twitter.com/trinhhuuminhly Google+ : https://plus.google.com/u/0/101746655803030079868 Pinterest : https://www.pinterest.com/adanjanuzai/ Wedsite : http://www.bbc.com/news Instagram : https://www.instagram.com/world_breaking_news_tv/ Source : http://c.newsnow.co.uk/A/2/975121526?-: Thanks For Watching Video. Please SUBSCRIBE
Views: 4 LucilleBurgess
The viability of and conditions for Establishing an International Financial Centre in India.The panelist include Monika Halan - Editor, Mint Money, Vidhu Shekhar (CFA)- Country Head, CFA Institutions , Kaustubh Dhavse - OSD to CMO, Maharashtra and Member, panel on Mumbai IFSE of the Government of Maharashtra.
Views: 23 virajkool
The 2008 global financial crisis led to the worst recession in the developed world since the Great Depression. Governments had to respond decisively on a large scale to contain the destructive impact of massive debt deflation. In turn, large financial institutions such as American International Group, Bear Stearns, Lehman Brothers and Northern Rock collapsed; thousands of small-to-medium-sized financial institutions failed or needed to be rescued; millions of households lost their retirement savings, jobs, homes, and communities; and numerous non-financial businesses closed. This session's speakers assess whether the financial reforms and regulations introduced since the onset of the crisis are likely to be effective in preventing another catastrophe. Speaker: • Anat Admati, George G.C. Parker Professor of Finance and Economics at Stanford's Graduate School of Business • Richard Bookstaber, Research Principal in the U.S. Treasury's Office of Financial Research and Senior Adviser to the Financial Stability Oversight Council • Andrew Haldane, Executive Director of Financial Stability of the Bank of England • Edward Kane, Professor of Finance, Boston College Moderated by Martin Wolf, Chief Economics Commentator at Financial Times
India's first designated International Financial Service Centre has come up in record time at the GIFT SEZ in Gandhinagar. Find out more about the feat from the man whose company made this herculean task possible. Watch full video: http://www.ndtv.com/video/property/the-property-show/top-deals-in-real-estate-mumbai-navi-mumbai-thane-and-pune-444648?yt Download the NDTV news app: https://play.google.com/store/apps/details?id=com.july.ndtv&referrer=utm_source%3Dyoutubecards%26utm_medium%3Dcpc%26utm_campaign%3Dyoutube
Views: 2164 NDTV
Dr Jon Danielsson, Reader in Finance and Director of the Systemic Risk Centre, discusses financial risk and regulation.
Institute of Advanced Legal Studies http://www.sas.ac.uk/ http://www.sas.ac.uk/graduate-study/master-s-degrees/llm-international-corporate-governance-financial-regulation-and-econ Former student, Wael Saghir, talks about his time studying the LLM in International Corporate Governance, Financial Regulation and Economic Law This innovative programme builds on the Institute of Advanced Legal Studies research expertise in company law, corporate governance, international economic law, financial regulation and financial law. The programme is taught by leading academics from the University of London and other European and North American universities. This degree has been designed to appeal to law graduates as well as those who come from other disciplines such as business studies, international relations, finance and economics, and would like to learn more about the legal side of international economic relations particularly international financial markets and services and develop a specialised understanding of corporate governance concepts and the role of financial regulation in today's globalised financial markets. The Institute is uniquely qualified and situated to offer this academic law degree programme in London - the world's leading international financial centre. For more information and how to apply: http://www.sas.ac.uk/graduate-study/master-s-degrees/llm-international-corporate-governance-financial-regulation-and-econ
Views: 2829 SchAdvStudy
Speaker(s): Dr Jon Danielsson, Professor Charles Goodhart, Matt King Chair: Professor Christopher Polk Recorded on 11 March 2013 in Old Theatre, Old Building. The first public event of the ESRC Systemic Risk Centre at LSE will debate whether the post crisis reforms of financial regulations will be effective in protecting us from financial excesses, or may perversely destabilise the financial system. The panel of experts will debate the topic and take questions from the audience. Jon Danielsson is the director of the Systemic Risk Centre at LSE. His research interests include financial stability, systemic risk, extreme market movements, market liquidity and financial crisis. He has published his research extensively in both academic journals and the mainstream media, and has presented his work at a number of universities and institutions. Charles Goodhart is emeritus professor of Banking and Finance with the Financial Markets Group at LSE, having previously, 1987-2005, been its deputy director. Until his retirement in 2002, he had been the Norman Sosnow Professor of Banking and Finance at LSE since 1985. Before then, he had worked at the Bank of England for seventeen years as a monetary adviser, becoming a chief adviser in 1980. In 1997 he was appointed one of the outside independent members of the Bank of England's new Monetary Policy Committee until May 2000. Earlier he had taught at Cambridge and LSE. Besides numerous articles, he has written a couple of books on monetary history; a graduate monetary textbook, Money, Information and Uncertainty (2nd Ed. 1989); two collections of papers on monetary policy, Monetary Theory and Practice (1984) and The Central Bank and The Financial System (1995); and a number of books and articles on Financial Stability, on which subject he was adviser to the Governor of the Bank of England, 2002-2004, and numerous other studies relating to financial markets and to monetary policy and history. His latest books include The Basel Committee on Banking Supervision: A History of the Early Years, 1974-1997, (2011), and The Regulatory Response to the Financial Crisis, (2009). Matt King is managing director and global head of Credit Products Strategy at Citi. His team is responsible for forming views and advising clients on the full spectrum of credit, across high grade, high yield, leveraged loan, structured, emerging and municipal bond markets. While the majority of clients are investors, he also deals frequently with issuers and regulators on everything from market direction to valuation to risk management. Matt King is a frequent speaker at industry conferences and has published extensively on credit markets over the past two decades. Some of his most widely referenced pieces include Are the brokers broken? (published two weeks before Lehman's bankruptcy), Buy the bubbles, sell the bath, and How much debt is too much debt? Prior to joining Citi in 2003, Mr King was head of European Credit Strategy at JPMorgan. He is British, and a graduate of Emmanuel College, Cambridge, where he read Social & Political Sciences.
On October 3, NYU Stern's Center for Global Economy and Business hosted a panel discussion on "The Future of Financial Regulation." Panelists: Barbara Novick, BlackRock Sandra O'Connor, JP Morgan Chase & Co. Moderator: Richard Berner, Executive in Residence, Center for Global Economy and Business
Views: 153 NYU Stern
It is widely acknowledged the office of the Irish financial regulator failed in its duty to regulate the banks. While i know the staff need somewhere to work, I can hardly believe the opulence of these new offices in the heart of the International Financial Services centre, (IFSC), one of the most expensive areas for commercial property in Ireland.
Views: 47 johnfitz124
This documentary was commissioned by the Centre for International Finance and Regulation. Reporter: Professor Justin O'Brien - UNSW Australia. Professor O'Brien is the Director of the Centre for Markets Law & Regulation and an Australian Research Council Future Fellow. He is a lead CIFR Researcher.
Sarah Breeden, Head of Prudential Regulatory Authority Transition, Bank of England, speaking at a briefing event on the Moscow International Financial Centre (MIFC) initiative on 11 December 2012. Further details on the MIFC can be found at https://www.thecityuk.com/uk-financial-services-overseas/international-financial-centres-initiative/moscow-international-financial-centre/
Views: 293 TheCityUK
A panel discussion with Bradley Hope, Financial Reporter at The Wall Street Journal and Jason Sharman, Professor of International Relations at the University of Cambridge. The event is chaired by Emily Jones, Associate Professor of Public Policy at the Blavatnik School of Government. Goldman Sachs employees have been indicted with alleged involvement in a vast fraud involving the diversion of billions of dollars from Malaysia’s state development fund 1MDB. Over several years, billions of dollars were allegedly diverted through a network of offshore financial centres and with the assistance of major international financial firms. Goldman Sachs is under investigation by the US Department of Justice, one of its senior employees has pleaded guilty to charges of bribery, conspiracy and money laundering, and the Malaysian government is seeking US$7.5 billion in reparations. It’s not the only large global bank in trouble. Credit Suisse employees have recently been charged with fraud and overseas bribery involving a US$2 billion loan to Mozambique. This panel brings together Bradley Hope, a financial journalist at The Wall Street Journal and Pulitzer Prize finalist who investigated the Malaysia 1MDB scandal, with academic experts with extensive knowledge of global finance and offshore financial centres. Are the recent scandals isolated incidences involving rogue employees, or are they symptomatic of wider weaknesses in global financial regulation? What steps have governments taken nationally and internationally to prevent fraudulent use of the international financial system? What more needs to be done? This event is co-hosted with the Global Economic Governance Programme. Blavatnik School of Government, University of Oxford http://www.bsg.ox.ac.uk/
Views: 405 Blavatnik School of Government
Language: Hindi, Topics Covered: 1. Case study: Dubai International financial sector- facilities offered 2. Gift City: ownership, location, salient features 3. SEBI provisions for opening stock exchange in gift city, guidelines for hedge funds and mutual funds 4. RBI’s guidelines for IFSC Banking Units: can they accept retail customers, rupee deposits? Are CRR, SLR applicable to them? 5. What are the legal challenges in building GIFT as an international financial service centre (IFSC)? The issue of full capital account convertibility 6. Mock Questions for Mains: Vibrant financial markets are critical to a country’s GDP growth. Examine the importance of proposed GIFT city in this regard, & discuss challenges in its setup. Powerpoint available at http://Mrunal.org/download Exam-Utility: UPSC CSAT, Prelims, Mains, CDS, CAPF, Bank, RBI, IBPS, SSC and other competitive exams, IIM, XLRI, MBA interviews and GDPI Faculty Name: Mrunal Patel Venue: Sardar Patel Institute of Public Administration (SPIPA), Satellite, Ahmedabad, Gujarat,India
Views: 75075 Mrunal Patel
Since the Enron scandal and the start of the global financial crisis in 2007, the world has been awash with calls for tighter regulation of markets. The University of Reading set up a new research and teaching centre, the Centre for Commercial Law and Financial Regulation, in December 2011 focussing on the crucial crossover between law and finance, to conduct vital research into market regulation and to help teach the commercial lawyers and business people of the future the best grounding in law and finance. The new centre is a collaboration between the University of Reading's Henley Business School and its School of Law. Here, co-directors Dr Ioannis Kokkoris, from the School of Law, and Dr Carol Padgett, from the ICMA Centre, Henley Business School, talk about the centre's aims and its importance in the years ahead.
Views: 1455 UniofReading
Nicolas Véron explains the dangers of a race to the regulatory bottom by London-based banks that transfer operations to Europe after Britain leaves the European Union.
International financial centres compete on various different aspects, says Bonnie Chan, Partner, Davis Polk & Wardell, in advance of the "Hong Kong: China's Global Financial Centre" conference, which will be held on 1 March 2011 at The Plaza Hotel in New York. Hosted by the Financial Services and the Treasury Bureau and Invest Hong Kong of the Government of the Hong Kong SAR, it is supported by the Hong Kong Monetary Authority and Securities and Futures Commission . Registration at: www.investhk-ny.com
Views: 3412 Invest Hong Kong
Rajya Sabha Budget Session - 248 | Budget Session 2019
Views: 968 Rajya Sabha TV
In this video, Professor Buckley discusses the effectiveness of regulation of mobile phone digital financial services in developing countries and Australia.
The NYU Journal of Law & Business presents the spring symposium, "Developments in Domestic & International Financial Regulation." Panel 2: Harmony and Conflict in International Financial Regulation Moderator: Gary DeWaal, President, Gary DeWaal and Associates, New York, NY Panelists: - Hélène Vletter-Van Dort, Senior Visiting Fellow, Pollack Center NYU and Professor, Erasmus School of Law of the University of Rotterdam and University of Groningen, Member of the Board Dutch Central Bank - Dietmar Rieg, President & CEO of the German American Chamber of Commerce, New York, NY - Georges Pineau, Permanent Representative in Washington, D.C., European Central Bank, Washington, D.C. - Eric Pan, Associate Director, SEC Office of International Affairs, Washington, D.C. - Dan Berkovitz, Partner, WilmerHale, Washington, D.C. This event took place on January 31, 2014.
Views: 182 NYU School of Law
From 2013, all UK financial services firms will be required to adhere to a new regulatory regime. Thouraya Ftouh, a Senior Manager in Mazars' Banking and Financial services team explains how firms will be affected. http://www.insightoutmagazine.com In response to the financial crisis, the government has brought in some dramatic changes to the financial regulatory system. In this quick Webinar guide, Thouraya Ftouh explores the structure of the new regulatory regime and its objectives.
Views: 2335 MediaCitizens
Former Democratic Congressman Barney Frank and former Deputy Treasury Secretary Sarah Bloom Raskin discuss their thoughts on the current state of financial regulation and how the finance industry evolved after the financial crisis. Chairman Frank previously served as a member of the U.S. House of Representatives from Massachusetts from 1981 to 2013. He served as chairman of the House Financial Services Committee (2007-2011) and was a leading co-sponsor of the 2010 Dodd-Frank Act. Governor Raskin served as Deputy Treasury Secretary from 2014 to January 20, 2017. Previously, she served as a governor of the Federal Reserve Board from 2010 to 2014 and is currently a Rubenstein Fellow at Duke. Moderated by Professor Lawrence Baxter. Sponsored by the Global Financial Markets Center and Rethinking Regulation.
Views: 254 Duke University School of Law
In a series of interviews commissioned by the Centre for International Finance and Regulation (CIFR), Professor Justin O'Brien discusses the future of financial regulation with industry experts on a recent visit to the Spanish capital. This is a compilation of the series of eight interviews.
Financial instability can put growth at risk. How should global financial stability issues been analyzed? What is the IMF’s current assessment of global financial stability? During his lecture, Tobias Adrian will discuss the main features of a framework to assess global financial stability in a comprehensive and consistent way. He will also present the analysis of the October 2017 Global Financial Stability Report, which identifies sources of financial instability and the policies to mitigate risks to growth. The report focuses on the interplay between financial and macroeconomic developments, and assesses the degree to which these interactions pose risks that could threaten economic growth. Tobias Adrian, an LSE alumnus, is the Financial Counsellor and Director of the Monetary and Capital Markets Department of the International Monetary Fund (IMF). In this capacity, he leads the IMF’s work on financial sector surveillance, monetary and macroprudential policies, financial regulation, debt management, and capital markets. He also oversees capacity building activities in IMF member countries, particularly with regard to the supervision and regulation of financial systems, central banking, monetary and exchange rate regimes, and asset and liability management. Prior to joining the IMF, Dr Adrian was a Senior Vice President of the Federal Reserve Bank of New York and the Associate Director of the Research and Statistics Group. Dr Adrian taught at Princeton University and New York University and has published extensively in economics and finance journals, including the American Economic Review, Journal of Finance, Journal of Financial Economics, and Review of Financial Studies. His research spans asset pricing, financial institutions, monetary policy, and financial stability, with a focus on aggregate consequences of capital markets developments. Wouter den Haan is Co-director for the Centre for Macroeconomics and Professor of Economics at LSE. The Department of Economics at LSE (@LSEEcon) is one of the largest economics departments in the world. Its size ensures that all areas of economics are strongly represented in both research and teaching. The Centre For Macroeconomics (@CFMUK) brings together world-class experts to carry out pioneering research on the global economic crisis and to help design policies that alleviate it.
Join us for a conversation with Johns Hopkins SAIS Foreign Policy Institute (FPI) Senior Fellow John Lipsky. The discussion will be moderated by Michael Sutherland, editor-in-chief of the SAIS Review. Following a period of rapid growth following the Global Financial Crisis, China’s economy is facing a series of challenges. The immediate post-crisis period has been characterized by exceptionally rapid growth in all forms of credit, while productivity growth has slowed. Attempts to slow credit expansion while instituting financial sector and other reforms has been associated with a notable deceleration in output growth, motivating a new round of stimulus. At the same time, the anticipated internationalization of the Chinese currency and financial markets has slowed, and by some measures has been reversed. In the context of heightened tensions surrounding China’s trade negotiations, new measures have been adopted to again promote financial sector development, and their implementation will have an important influence on China’s future economic prospects. John Lipsky is a Senior Fellow of the Foreign Policy Institute of Johns Hopkins SAIS, as well as serving as the Peterson Distinguished Scholar at Johns Hopkins SAIS’ Kissinger Center for Global Affairs. Before joining the school, he served as First Deputy Managing Director of the International Monetary Fund from 2006-2011. Previously, he was Vice Chairman of JPMorgan Investment Bank, Chief Economist of JPMorgan Chase, Chief Economist and Director of Research of Chase Manhattan Bank, and Chief Economist of Salomon Brothers.
Views: 284 SAIS events
Speakers, James Bonello -- Secretary General, Malta Bankers' Association; Joaquim F. Silva Pinto -- CEO, Banif Bank; Charles Borg -- CEO, Bank of Valletta; Mark Watkinson -- CEO, HSBC Bank Malta talk about Malta as an International Banking Centre. With its robust legislative and regulatory framework, Malta's prudent banking model helped the country navigate the financial crisis, resulting in Malta being ranked 12th out of 142 countries in the World Economic Forum Global Competitiveness Report for 2011/12.
Views: 300 FinanceMalta
Dr Jon Danielsson, Reader in Finance and Director of the Systemic Risk Centre, discusses financial risk and regulation. Crises trigger the adaptation processes. Crises are motherof reforms. Christoph Ohler tours us through the Financial crisis (2007- 2009) and debt crisis (2010 . This is a recording of the recent tutor2u Economics CPD webinar on A Level Economics: Financial Markets: Financial Regulation CONNECT WITH TUTOR2U . Gerald Epstein: Powerful lobbying by finance sector keeps turning regulations into Swiss cheese; there is an alternative if people fight for it.
Views: 2 Никита Николаев
Annual Robert Glauber Lecture by Thomas J. Curry Comptroller of the Currency, U.S. Department of the Treasury Robert Glauber (Moderator) Adjunct Lecturer Public Policy, Harvard Kennedy School Chairman and Chief Executive Officer of NASD (2001-2006)
Learn more at: http://www.business.rutgers.edu/rfic Rutgers Financial Institutions Center -- An Independent Forum for Debate & Research The Center marshals the intellectual resources of the region in examining the relevant issues facing the industry. Accordingly, the Center exists to promote research on financial institutions and to act as a Think Tank and Interface between the following four constituencies: · Practicing Professionals · Regulators · Academia (professors and PhD students) · Students