Reforming the global and European financial sectors – have the lessons of the last crisis been correctly learned?
Despite emerging financial reforms in the US, some European countries and internationally (Basel-3), many problems have not been solved in a satisfactory manner and many questions remain open, including: (i) how should the too-big-to-fail-problem in the financial sector be addressed? (ii) what are the potential costs of higher capital and liquidity requirements and other regulatory changes, as well as new financial sector taxation, discussed and introduced in several countries (risk of financial disintermediation and negative impact on economic growth)?; (iii) what form should the practical implementation of a macro-prudential regulation take?; (iv) what should the institutional architecture of international cooperation in the area of financial regulations and financial supervision be?: (v) how should the EU system of financial supervision be built?; (vi) what is the impact of monetary policy on financial sector risks and vice versa? | |||
| Moderator: CASE Fellow Assistant professor at the Kadir Has University in Department of International Finance. |
| Speaker: Senior Regional Resident Representative for Central and Eastern Europe at International Monetary Fund (IMF) |
| Speaker: Vice President of the European Financial Inclusion Network (EFIN). Senior Research Fellow at CEPS. |
| Speaker: Erik Berglof Chief Economist and Special Adviser to the President at the European Bank for Reconstruction and Development Economics |
| Speaker: Chief executive officer and chairman of CIB Bank. Former president of the Hungarian National Bank. |
| Speaker: Lead Economist at the Office of the Chief Economist of the Europe and Central Asia Region of the World Bank |
