European Central Bank
Sixth ECB biennial conference on “Fiscal Policy and EMU Governance” - Session 2
- Title
- Sixth ECB biennial conference on “Fiscal Policy and EMU Governance” - Session 2
- Runtime
- 1:31:13
- Date posted
- 3 years ago
- Description
- The European Central Bank organised its sixth biennial conference on Fiscal Policy and EMU Governance, which took place in Frankfurt on 18-19 December 2023.
In view of the Covid-19 crisis, the war in Ukraine and its economic consequences, and the current situation of high inflation, the role of fiscal policy for stabilisation and its effects on inflation are matters of interest for both academics and policymakers. The aim of this conference is to explore these issues, including the interaction of fiscal and monetary policy, fiscal policy implications of monetary policy normalisation, and risk-sharing arrangements and private/public balance sheet developments in monetary unions.
The design of fiscal rules and fiscal consolidations
Chair: Christophe Kamps, European Central Bank
Measuring Fiscal Discipline: A Revealed Preference Approach
Geert Mesters, Universitat Pompeu Fabra, together with Regis Barnichon
Discussant...
- Title
- Sixth ECB biennial conference on “Fiscal Policy and EMU Governance” - Policy panel
- Runtime
- 1:46:47
- Date posted
- 3 years ago
- Description
- The European Central Bank organised its sixth biennial conference on Fiscal Policy and EMU Governance, which took place in Frankfurt on 18-19 December 2023.
In view of the Covid-19 crisis, the war in Ukraine and its economic consequences, and the current situation of high inflation, the role of fiscal policy for stabilisation and its effects on inflation are matters of interest for both academics and policymakers. The aim of this conference is to explore these issues, including the interaction of fiscal and monetary policy, fiscal policy implications of monetary policy normalisation, and risk-sharing arrangements and private/public balance sheet developments in monetary unions.
Policy panel
“New policy challenges and reform needs for the EMU”
Chair: Philip R. Lane, Member of the Executive Board, European Central Bank
Panellists:
Silvia Ardagna, Chief European Economist, Barclays
Roel Beetsma, Member of the Europ...
- Title
- ECB MIP Focus Session - Demo: TIPS Hash-Link solution
- Runtime
- 28:17
- Date posted
- 3 years ago
- Description
- The virtual Focus Session took place on the 15 December 2023 with a title: Potential use of new technology for wholesale central bank money settlement.
The TIPS Hash Link enables settlement of wholesale financial transactions in central bank money on accounts in a TIPS-like platform, set up for the Eurosystem. The solution tests interoperability between a market DLT platform and a payment system, the TARGET Instant Payment System (TIPS) via an API gateway. The solution is developed and operated by Banca d’Italia.
Giuseppe Santangeli, Banca d’Italia
- Title
- ECB MIP Focus Session - Demo: Trigger solution
- Runtime
- 41:10
- Date posted
- 3 years ago
- Description
- The virtual Focus Session took place on the 15 December 2023 with a title: Potential use of new technology for wholesale central bank money settlement
The Trigger Solution allows for the settlement of DLT-based wholesale financial transactions in central bank money in T2, the Eurosystem RTGS system. This solution consists of a DLT infrastructure, which acts as technical bridge between T2 and market DLT platforms. The solution is developed and operated by Deutsche Bundesbank.
Nadine Knaust, Deutsche Bundesbank
Besfort Shala, Deutsche Bundesbank
- Title
- ECB MIP Focus Session - Opening remarks
- Runtime
- 14:30
- Date posted
- 3 years ago
- Description
- The virtual Focus Session took place on the 15 December 2023 with a title: Potential use of new technology for wholesale central bank money settlement.
The Eurosystem is exploring potential solutions for central bank money settlement of wholesale financial transactions recorded on distributed ledger technology (DLT) platforms. The work is part of the Eurosystem’s broader efforts to ensure that central banks keep pace with and contribute to digital innovation in wholesale and retail payments. Learn more about the background and intended purpose of the work.
Ulrich Bindseil, Director General, ECB
- Title
- Sixth ECB biennial conference on “Fiscal Policy and EMU Governance” - Keynote lecture
- Runtime
- 1:07:10
- Date posted
- 3 years ago
- Description
- The European Central Bank organised its sixth biennial conference on Fiscal Policy and EMU Governance, which took place in Frankfurt on 18-19 December 2023.
In view of the Covid-19 crisis, the war in Ukraine and its economic consequences, and the current situation of high inflation, the role of fiscal policy for stabilisation and its effects on inflation are matters of interest for both academics and policymakers. The aim of this conference is to explore these issues, including the interaction of fiscal and monetary policy, fiscal policy implications of monetary policy normalisation, and risk-sharing arrangements and private/public balance sheet developments in monetary unions.
Keynote lecture
Fiscal versus monetary policy as stabilization tools
Olivier Blanchard, Peterson Institute for International Economics
Chair: Isabel Schnabel, Member of the Executive Board, European Central Bank
- Title
- Sixth ECB biennial conference on “Fiscal Policy and EMU Governance” - Session 4
- Runtime
- 1:49:32
- Date posted
- 3 years ago
- Description
- The European Central Bank organised its sixth biennial conference on Fiscal Policy and EMU Governance, which took place in Frankfurt on 18-19 December 2023.
In view of the Covid-19 crisis, the war in Ukraine and its economic consequences, and the current situation of high inflation, the role of fiscal policy for stabilisation and its effects on inflation are matters of interest for both academics and policymakers. The aim of this conference is to explore these issues, including the interaction of fiscal and monetary policy, fiscal policy implications of monetary policy normalisation, and risk-sharing arrangements and private/public balance sheet developments in monetary unions.
Monetary fiscal interactions in a monetary union
Chair: Oscar Arce, European Central Bank
Asset Purchases in a Monetary Union with Default and Liquidity Risks
Huixin Bi, Federal Reserve Bank of Kansas City, together with Andrew Foerster and Nora Traum
- Title
- Season's greetings from President Christine Lagarde
- Runtime
- 2:07
- Date posted
- 3 years ago
- Description
- President Christine Lagarde’s message to mark the end of 2023.
- Title
- President Lagarde presents the latest monetary policy decisions – 14 December 2023
- Runtime
- 17:21
- Date posted
- 3 years ago
- Description
- Today our Governing Council decided on monetary policy, determining what’s needed to return inflation to our 2% goal in a timely manner.
Listen to President Christine Lagarde present today’s decisions. The statement also covers:
- how the economy is performing
- how we expect prices to develop
- the risks to the economic outlook
- the dynamics behind financial and monetary conditions
Published and recorded during our press conference on 14 December 2023.
Additional material
Our monetary policy statement at a glance, 14 December 2023 https://www.ecb.europa.eu/press/pressconf/visual-mps/2023/html/mopo_statement_explained_december.en.html
Christine Lagarde, Luis de Guindos: Monetary policy statement, 14 December 2023 https://www.ecb.europa.eu/press/pressconf/2023/html/ecb.is231214~df8627de60.en.html
Monetary policy decisions, 14 December 2023 https://www.ecb.europa.eu/press/pr/date/2023/html/ecb.mp2312...
- Title
- ECB Banking Supervision Press Conference: SREP results and Supervisory Priorities - 19 December 2023
- Runtime
- 1:21:56
- Date posted
- 3 years ago
- Description
- In his final press conference as Supervisory Board Chair, Andrea Enria will present the results of the 2023 Supervisory Review and Evaluation Process, as well as the supervisory priorities for the next three years
- Title
- ECB Governing Council Press Conference - 14 December 2023
- Runtime
- 45:14
- Date posted
- 3 years ago
- Description
- ECB President Christine Lagarde explains the Governing Council's monetary policy decisions and will answer questions from journalists at the Governing Council press conference to be held on 14 December 2023 at 14:45 CET in Frankfurt am Main.
- Title
- The ECB Podcast - The end of an era – five years with Andrea Enria
- Runtime
- 22:05
- Date posted
- 3 years ago
- Description
- Outgoing Supervisory Board Chair Andrea Enria sat down with President Christine Lagarde during the ECB Forum on Banking Supervision to look back on his five-year term, marked by challenges such as the pandemic and reflects on the most difficult decision he had to take.
He also reflects on the decisions taken to overcome these challenges, and what the future holds for European banking supervision.
Recorded on 1 December 2023 and published on 9 December 2023.
Additional material:
President Christine Lagarde’s welcome address at the fifth ECB Forum on Banking Supervision
https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp231130~48f5947179.en.html
ECB Forum on Banking Supervision
https://www.bankingsupervision.europa.eu/press/conferences/html/20231130_5th_ECB_Forum_Banking_supervision.en.html
European Banking Supervision
https://www.bankingsupervision.europa.eu/home/html/index.en.html
- Title
- Conversation between Christine Lagarde and Andrea Enria
- Runtime
- 22:01
- Date posted
- 3 years ago
- Description
- Fifth ECB Forum on Banking Supervision 2023 - Fifth ECB Forum on Banking Supervision 2023
Conversation between Christine Lagarde, President, European Central Bank, and Andrea Enria, Chair of the Supervisory Board, European Central Bank
https://www.bankingsupervision.europa.eu/press/conferences/html/20231130_5th_ECB_Forum_Banking_supervision.en.html
- Title
- The road ahead for bankers and policymakers
- Runtime
- 1:18:27
- Date posted
- 3 years ago
- Description
- Fifth ECB Forum on Banking Supervision 2023 - Fifth ECB Forum on Banking Supervision 2023
The road ahead for bankers and policymakers
Bankers and policymakers will have to deal with some “known knowns” in the coming years, such as climate change, the digital transformation and governance flaws. But what are the known unknowns? Will supervision and regulation act as a brake or an accelerator? Will Europe heed the lessons of the global financial crisis and stick to its global commitments? Can the banking union survive, let alone thrive, in its present state?
Panellists:
Frank Elderson, Vice-Chair of the Supervisory Board, European Central Bank
Tuomas Saarenheimo, Chairman of the Economic and Financial Committee, Council of the European Union
Christian Sewing, Chief Executive Officer, Deutsche Bank and President, European Banking Federation
Irene Tinagli, Chair of the Committee on Economic and Monetary Affairs, Euro...
- Title
- The new reality: banking after the end of “low for long”
- Runtime
- 1:18:34
- Date posted
- 3 years ago
- Description
- Fifth ECB Forum on Banking Supervision 2023 - Fifth ECB Forum on Banking Supervision 2023
The new reality: banking after the end of “low for long”
Banks have shown resilience during recent crises, but will that last? As both customer behaviour and economic conditions change, banks will need to adapt to the new environment while also tackling emerging and unforeseen challenges. If banks stick to their old ways, will they be prepared to address new risks? To what extent will banking resilience depend on large-scale countercyclical policies by the official sector?
Panellists:
Claudio Borio, Head of the Monetary and Economic Department, Bank for International Settlements
Elena Carletti, Professor of Finance, Bocconi University and Member of the Board of Directors, UniCredit S.p.A.
Stuart Graham, Partner and Head of Banks Strategy, Autonomous Research
Jean Pierre Mustier, Chairman of the Supervisory Board, Aareal Bank...
- Title
- Keynote speech Michael Barr
- Runtime
- 34:00
- Date posted
- 3 years ago
- Description
- Fifth ECB Forum on Banking Supervision 2023 - Fifth ECB Forum on Banking Supervision 2023
Keynote speech
Michael Barr, Vice Chair for Supervision, Federal Reserve System
https://www.bankingsupervision.europa.eu/press/conferences/html/20231130_5th_ECB_Forum_Banking_supervision.en.html
- Title
- Modern supervision what is key
- Runtime
- 1:15:57
- Date posted
- 3 years ago
- Description
- Fifth ECB Forum on Banking Supervision 2023 - Fifth ECB Forum on Banking Supervision 2023
Modern supervision: what is key?
What key tools should every modern supervisor have at their disposal? Is there tension between supervisory effectiveness and transparency? How do we strike the right balance between horizontal and vertical supervision? What have the recent crises taught us about risk-based supervision, operational resilience and market communication by supervisors?
Panellists:
Marlene Amstad, Chair, Swiss Financial Market Supervisory Authority
José Manuel Campa, Chairperson, European Banking Authority
Kerstin af Jochnick, Member of the Supervisory Board, European Central Bank
Davide Taliente, Chair of Global Public Sector and Policy, Oliver Wyman
Nicolas Théry, Chairman of the Board of Directors, Crédit Mutuel
Moderator: Naomi Lloyd, Euronews
https://www.bankingsupervision.europa.eu/press/con...
- Title
- Taking stock: the single supervisor ten years on
- Runtime
- 1:06:38
- Date posted
- 3 years ago
- Description
- Fifth ECB Forum on Banking Supervision 2023 - Fifth ECB Forum on Banking Supervision 2023
Taking stock: the single supervisor ten years on
Banking supervision in Europe has changed. What has the Single Supervisory Mechanism achieved? What remains to be done? Are supervisors striking the right balance between intrusiveness and supporting banks when addressing risks? Has Europe succeeded in breaking the sovereign-bank nexus and integrating financial markets? Have the expectations of banks, markets and the public at large been met?
Panellists:
Thorsten Beck, Director, Florence School of Banking and Finance and Professor of Financial Stability, European University Institute
John Berrigan, Director-General for Financial Stability, Financial Services and Capital Markets Union, European Commission
Ana Botín, Group Executive Chair, Banco Santander, S.A.
Dominique Laboureix, Chair, Single Resolution Board
Elizabeth McCaul, Me...
- Title
- Welcome address by Christine Lagarde, President, European Central Bank
- Runtime
- 14:10
- Date posted
- 3 years ago
- Description
- Fifth ECB Forum on Banking Supervision 2023 -
Europe: banking on resilience
Welcome address by Christine Lagarde, President, European Central Bank
https://www.bankingsupervision.europa.eu/press/conferences/html/20231130_5th_ECB_Forum_Banking_supervision.en.html
- Title
- Conversation between Andrea Enria and and Jacques de Larosière
- Runtime
- 33:38
- Date posted
- 3 years ago
- Description
- Fifth ECB Forum on Banking Supervision 2023 - Europe: banking on resilience
Conversation between Andrea Enria, Chair of the Supervisory Board, European Central Bank, and Jacques de Larosière, former Governor, Banque de France and former Managing Director, International Monetary Fund
https://www.bankingsupervision.europa.eu/press/conferences/html/20231130_5th_ECB_Forum_Banking_supervision.en.html
- Title
- The ECB Podcast - When the yin meets the yang: resilience in gloomy times
- Runtime
- 20:33
- Date posted
- 3 years ago
- Description
- How are financial markets reacting to higher rates, a sluggish economy and geopolitical tensions? Should we worry about property markets?
Our host Stefania Secola puts these questions to financial stability expert John Fell on The ECB Podcast.
The views expressed are those of the speakers and not necessarily those of the European Central Bank.
Published on 2 December 2023 and recorded on 27 November 2023.
In this episode:
01:08 – Financial markets’ optimism is put to the test
How are financial markets reacting to the new environment of high interest rates, a sluggish economy and rising geopolitical tensions?
06:00 – The conundrum of banks’ increasing profits and stagnant valuations
Banks’ profits are at multi-year highs, yet their valuations haven’t changed much. What factors explain this?
10:31 – Real estate markets are a source of concern
Residential and commercial prop...
- Title
- Fifth ECB Forum on Banking Supervision 2023 | Day 2
- Runtime
- 4:17:41
- Date posted
- 3 years ago
- Description
- Europe: banking on resilience
The fifth ECB Forum on Banking Supervision will take place on 30 November and 1 December 2023 at the ECB’s Main Building in Frankfurt. You can also follow the event online.
https://www.bankingsupervision.europa.eu/press/conferences/html/ECB_Forum_Banking_supervision.en.html
Every two years the Forum brings together high-level policymakers, academics, financial executives and experts to exchange views on current developments in banking and supervision. With new risks on the horizon, how can banks retain their long-term resilience? What tools should every modern supervisor have at its disposal? Can Europe thrive without an incomplete banking union?
Have a look at the programme and join inspiring discussions.
Friday, 1 December 2023
9:00
Keynote speech
Michael Barr, Vice Chair for Supervision, Federal Reserve System
9:30
The new reality: banking after the ...
- Title
- Fifth ECB Forum on Banking Supervision 2023 | Day 1
- Runtime
- 3:48:55
- Date posted
- 3 years ago
- Description
- Europe: banking on resilience
The fifth ECB Forum on Banking Supervision will take place on 30 November and 1 December 2023 at the ECB’s Main Building in Frankfurt. You can also follow the event online.
https://www.bankingsupervision.europa.eu/press/conferences/html/ECB_Forum_Banking_supervision.en.html
Every two years the Forum brings together high-level policymakers, academics, financial executives and experts to exchange views on current developments in banking and supervision. With new risks on the horizon, how can banks retain their long-term resilience? What tools should every modern supervisor have at its disposal? Can Europe thrive without an incomplete banking union?
Have a look at the programme and join inspiring discussions.
Thursday, 30 November 2023
14:30
Welcome address by Christine Lagarde, President, European Central Bank
14:45
Conversation between Andrea Enria, Cha...
- Title
- Possible themes selected for future euro banknotes
- Runtime
- 1:25
- Date posted
- 3 years ago
- Description
- The Governing Council has selected “European culture” and “Rivers and birds” as the possible themes for future euro banknotes, taking into account the results of two surveys.
- Title
- Fifth ECB Forum on Banking Supervision 2023
- Runtime
- 1:04
- Date posted
- 3 years ago
- Description
- Europe: banking on resilience
Thursday, 30 November and Friday, 1 December 2023
European Central Bank, Frankfurt am Main
Conference moderation: Conny Lotze, European Central Bank
https://www.bankingsupervision.europa.eu/press/conferences/html/20231130_5th_ECB_Forum_Banking_supervision.en.html
- Title
- 2023 CEPR-ECB Conference Session 4
- Runtime
- 1:36:53
- Date posted
- 3 years ago
- Description
- Session 4
CBDC and monetary policy implementation
Chair: Katrin Assenmacher, European Central Bank & RPN member
CBDC, monetary policy implementation and the interbank market
Nora Lamersdorf*, Frankfurt School of Economics
Tobias Linzert, European Central Bank
Cyril Monnet, University of Bern
Discussant: Anneke Kosse, Bank for International Settlements
CBDC and the operational framework of monetary policy
Galo Nuño*, Bank for International Settlements
Jorge Abad, Banco de España
Carlos Thomas, Banco de España
Discussant: Lea Bitter, European Central Bank
- Title
- 2023 CEPR-ECB Conference Session 3
- Runtime
- 1:38:05
- Date posted
- 3 years ago
- Description
- Session 3
CBDC and the banking sector
Chair: Toni Ahnert, European Central Bank & CEPR
Unveiling the interplay between central bank digital currency and bank deposits
Maria Elena Filippin* and Hanfeng Chen, both Uppsala University
Discussant: Dirk Niepelt, University of Bern & CEPR
Central bank digital currency and banking choices
Andrew Usher*, Bank of Canada
Jiaqi Li, Bank of Canada
Yu Zhu, Renmin University of China
Discussant: Nicola Pavanini, University of Tilburg & CEPR
- Title
- 2023 CEPR-ECB Conference Session 2
- Runtime
- 1:38:24
- Date posted
- 3 years ago
- Description
- Session 2
Side effects of CBDC
Chair: Arnaud Mehl, European Central Bank & CEPR
CBDC and financial stability
Toni Ahnert*, European Central Bank & CEPR
Peter Hoffmann, European Central Bank
Agnese Leonello, European Central Bank
Davide Porcellacchia, European Central Bank
Discussant: Yu Zhu, Renmin University of China
The external financial spillovers of CBDCs
Alessandro Moro* and Valerio Nispi Landi, both Banca d'Italia
Discussant: Livio Stracca, European Central Bank
- Title
- 2023 CEPR-ECB Conference Session 1
- Runtime
- 1:30:27
- Date posted
- 3 years ago
- Description
- Session 1
CBDC and monetary policy transmission
Chair: Massimo Ferrari Minesso, European Central Bank
Monetary policy pass-through with central bank digital currency
Janet Jiang*, Bank of Canada, and Yu Zhu, Renmin University of China
Discussant: Mariana Rojas Breu, Université Paris II Panthéon-Assas
The impact of central bank digital currency on bank deposits and the interbank market
Benjamin Hemingway*, Bank of England
Discussant: Timothy Jackson, University of Liverpool
- Title
- The ECB Podcast - What biodiversity and nature loss mean for our economy
- Runtime
- 20:33
- Date posted
- 3 years ago
- Description
- Nature is in danger. This affects us all, including businesses and banks. Why is this relevant for the ECB’s mandate?
Join our host Stefania Secola and her guest Frank Elderson, Executive Board member and Supervisory Board Vice-Chair, as they discuss nature loss, its impact on our economy and what we’re doing about it.
The views expressed are those of the speakers and not necessarily those of the European Central Bank.
Published on 25 November 2023 and recorded on 17 November 2023.
In this episode:
00:05 – Nature is in danger
Habitats and species are in decline. How does this affect our economies? And if our mandate is to maintain price stability and keep euro area banks safe and sound, why does the ECB care about biodiversity loss?
02:01 – The economic impact of biodiversity loss
How big is the impact of biodiversity loss on people and businesses? How much are banks, and the wider economy...
- Title
- 2023 ESRB Annual Conference - Panel discussion Evolution of liquidity risk
- Runtime
- 1:22:13
- Date posted
- 3 years ago
- Description
- Panel discussion: Evolution of liquidity risk in an environment of higher interest rates
The recent increases in interest rates to fight inflation have brought liquidity risk to the fore. This has raised concerns about the liquidity of even the safest assets. What are the implications of the end of the low interest environment for liquidity risk and what are the macroprudential policy options?
Chair:
Fabio Natalucci, Deputy Director, International Monetary Fund
Panellists:
Viral Acharya, C.V. Staff Professor of Economics, New York University, Stern School of Business
Bruno Biais, Member of the ESRB Advisory Scientific Committee, Professor of Finance and Economics, HEC Paris
Loriana Pelizzon, Vice-Chair of the ESRB Advisory Scientific Committee, Director of the Financial Markets Department, Professor, Leibniz Institute for Financial Research SAFE and Goethe University Frankfurt
David Ramsden, Deputy Governor for Markets and B...
- Title
- 2023 ESRB Annual Conference - Closing Remarks by Francesco Mazzaferro
- Runtime
- 16:05
- Date posted
- 3 years ago
- Description
- Closing remarks by Francesco Mazzaferro, Head of the ESRB Secretariat.
- Title
- ECB Conference on Money Markets Session 1
- Runtime
- 1:19:50
- Date posted
- 3 years ago
- Description
- Session 1 of the ECB Conference on Money Markets: Central bank operational frameworks. With chair Thomas Vlassopoulos, European Central Bank discussing following papers: - Safe Asset Scarcity and Monetary Policy Transmission; with discussant Stephan Jank, Deutsche Bundesbank - The anatomy of a peg: lessons from China’s parallel currencies; with discussant José-Luis Peydró, Imperial College London
- Title
- 2023 ESRB Annual Conference - Panel discussion: Evolution of liquidity risk
- Runtime
- 1:38:12
- Date posted
- 3 years ago
- Description
- Panel discussion: Evolution of liquidity risk in an environment of higher interest rates
The recent increases in interest rates to fight inflation have brought liquidity risk to the fore. This has raised concerns about the liquidity of even the safest assets. What are the implications of the end of the low interest environment for liquidity risk and what are the macroprudential policy options?
Chair:
Fabio Natalucci, Deputy Director, International Monetary Fund
Panellists:
Viral Acharya, C.V. Staff Professor of Economics, New York University, Stern School of Business
Bruno Biais, Member of the ESRB Advisory Scientific Committee, Professor of Finance and Economics, HEC Paris
Loriana Pelizzon, Vice-Chair of the ESRB Advisory Scientific Committee, Director of the Financial Markets Department, Professor, Leibniz Institute for Financial Research SAFE and Goethe University Frankfurt
David Ramsden, Deputy Gover...
- Title
- 2023 ESRB Annual Conference - Welcome Address: Christine Lagarde
- Runtime
- 10:55
- Date posted
- 3 years ago
- Description
- Welcome address
Christine Lagarde, Chair of the ESRB
Christine Lagarde, in her capacity of Chair of the European Systemic Risk Board (ESRB), will open the conference with a welcome address to conference participants (pre-recorded).
- Title
- 2023 ESRB Annual Conference - Panel discussion: Closing the macroprudential framework
- Runtime
- 1:11:11
- Date posted
- 3 years ago
- Description
- Panel discussion: Closing the macroprudential framework
Following the global financial crisis, an ambitious regulatory reform was launched with a stronger focus on macroprudential policy. After more than a decade, has the regulatory reform met its objectives? Are there gaps in the macroprudential framework? Where should the focus be?
Chair:
Alexandra Jour-Schroeder, Deputy Director-General for Financial Stability, Financial Services and Capital Markets Union, European Commission
Panellists:
Luis de Guindos, Vice-President, European Central Bank
Richard Portes, Member of the ESRB Advisory Scientific Committee, Professor of Economics, London Business School
John Schindler, Secretary General, Financial Stability Board
Daniel Tarullo, Nomura Professor of International Financial Regulatory Practice at Harvard Law School
- Title
- 2023 ESRB Annual Conference - Panel discussion: Banking sector turbulences
- Runtime
- 1:37:06
- Date posted
- 3 years ago
- Description
- Panel discussion: Banking sector turbulences: Lessons learnt for supervision and regulation
In March 2023, several banks in the US and Europe were resolved or liquidated, triggering a short-lived period of market instability. These cases highlighted potential shortcomings in banking regulation and supervision. What are these shortcomings and which avenues can be identified to address them?
Chair:
Pablo Hernández de Cos, Governor of Banco de España, Chair of the ESRB Advisory Technical Committee and Chair of the Basel Committee on Banking Supervision
Panellists:
Michael Barr, Vice-Chair for Supervision, Board of Governors of the Federal Reserve System
Stephen Cecchetti, Chair of the ESRB Advisory Scientific Committee, Professor and Rosen Family Chair in International Finance, Brandeis International Business School
Mathias Dewatripont, Professor, Université libre de Bruxelles
Andrea Enria, Chair of the ...
- Title
- 2023 ESRB Annual Conference - Keynote speech by Jón Daníelsson
- Runtime
- 25:44
- Date posted
- 3 years ago
- Description
- Keynote speech by Jón Daníelsson, Director of Systemic Risk Centre and Professor of Finance at the London School of Economics, who will address the topic “Artificial intelligence and systemic risk”.
- Title
- 2023 ESRB Annual Conference - Keynote speech by Klaas Knot
- Runtime
- 12:24
- Date posted
- 3 years ago
- Description
- Keynote speech by Klaas Knot, President of De Nederlandsche Bank and Chair of the Financial Stability Board, who addressed the topic “Lessons learnt from recent financial sector turmoil - Global regulatory priorities”.
- Title
- Supervision Newsletter | Andrea Enria interview part 2
- Runtime
- 2:34
- Date posted
- 3 years ago
- Description
- Title
- Supervision Newsletter | Andrea Enria interview part 1
- Runtime
- 2:09
- Date posted
- 3 years ago
- Description
- Title
- ECB Conference on Money Markets Session 5
- Runtime
- 1:53:38
- Date posted
- 3 years ago
- Description
- Session 5 of the ECB Conference on Money Markets: New forms of money. With chair Ulrich Bindseil, European Central Bank discussing follow papers:
- CBDC and the operational framework of monetary policy; with discussant Cyril Monnet, University of Bern
- Stablecoin Runs and the Centralization of Arbitrage; with discussant Ganesh Viswanath-Natraj, Warwick Business School
- Title
- ECB Conference on Money Markets Keynote Speech with Lorie Logan of Federal Reserve Bank of Dallas
- Runtime
- 42:21
- Date posted
- 3 years ago
- Description
- Lorie Logan of Federal Reserve Bank of Dallas gives her keynote speech a the ECB Money Markets Conference, 2023.
- Title
- ECB Conference Money Markets Session 4
- Runtime
- 1:42:37
- Date posted
- 3 years ago
- Description
- Session 4 of the ECB Conference on Money Markets: Banking. With chair Philipp Hartmann, European Central Bank, discussing following papers:
- Endogenous Bank Fragility in a Macroeconomic Model with discussant Ansgar Walther, Imperial College London
- Liquidity, liquidity everywhere, not a drop to use – Why flooding banks with central bank reserves may not expand liquidity; with discussant William Diamond, University of Pennsylvania Wharton School
- Title
- ECB Conference on Money Markets Session 3
- Runtime
- 1:39:13
- Date posted
- 3 years ago
- Description
- Session 3 of the ECB Conference on Money Markets: Non-banks and the lender of last resort. With chair Andrew Hauser, Bank of England, discussing following papers:
- Central Bank's Balance Sheet and Treasury Markets Disruptions; with discussant Loriana Pelizzon, Leibniz Institute for Financial Research SAFE and Goethe University Frankfurt
- Central Banks as Dollar Lender of Last Resort: Implications for Regulation and Reserve Holdings; with discussant Evgenia Passari, Université Paris Dauphine - PSL
- Title
- ECB Conference on Money Markets - Market Participants Panel
- Runtime
- 1:21:23
- Date posted
- 3 years ago
- Description
- Market Participants Panel with Imène Rahmouni-Rousseau, European Central Bank
Panellists:
Seth Carpenter, Global Chief Economist, Morgan Stanley
Arancha Cano, Portfolio Manager, Wellington Management
Louis Harreau, ECB watcher Economist, Credit Agricole CIB
Giuseppe Maraffino, Rates Strategist, LMR partners
- Title
- ECB Conference on Money Markets Session 2
- Runtime
- 1:37:44
- Date posted
- 3 years ago
- Description
- Session 2 of the ECB Conference on Money Markets: Central bank operational frameworks. With chair Thomas Vlassopoulos, European Central Bank discussing following papers:
- Reserve Demand, Interest Rate Control, and Quantitative Tightening; with discussant Stefano Corradin, European Central Bank
- Stop Believing in Reserves; with discussant Rafael Repullo, CEMFI
- Title
- ECB Conference on Money Markets Keynote Speech with Wenxin Du, Columbia Business School
- Runtime
- 55:13
- Date posted
- 3 years ago
- Description
- Wenxin Du of Columbia Business School gives her keynote speech on:
Repo and FX Swaps: A Tale of Two Markets
- Title
- ECB Governing Council Press Conference - 08 September 2022
- Runtime
- 58:07
- Date posted
- 3 years ago
- Description
- ECB President Christine Lagarde explained the Governing Council's monetary policy decisions and answered questions from journalists at the Governing Council press conference held on 08 September 2022 at 14:45 CET in Frankfurt am Main.
- Title
- ECB Governing Council Press Conference - 26 October 2023
- Runtime
- 51:25
- Date posted
- 3 years ago
- Description
- ECB President Christine Lagarde explains the Governing Council's monetary policy decisions and will answer questions from journalists at the Governing Council press conference to be held on 26 October 2023 at 14:45 CET in Athens, Greece.
