Speakers of the session
Francesco MazzaferroEuropean Central Bank, Head of the ESRB Secretariat
Dino FalaschettiOffice of Financial Research, Director
Sam WoodsBank of England, Deputy Governor
Objectives of the sessionThe objective of this exchange of views is to analyse whether the existing macro and micro prudential frameworks adequately identify and mitigate emerging financial risks.
The session will also discuss whether the global regulatory and supervisory framework allow a common and effective approach on the risks posed by crypto currencies
Points of discussionTo what extent do existing macro and microprudential frameworks allow an effective identification and mitigation of emerging risks? What remains to be done at the domestic, EU and global levels to improve this identification? What additional tools might be needed to address emerging risks in the non-bank sector?
How can the present global framework achieve a common approach on the possible risks posed by crypto currencies (e.g. Libra)? What improvements are required in this area?