This discussion focused on preparing for low-probability but high-impact shocks to the financial sector. The panel explored how geopolitical developments, financial fragmentation, and evolving systemic risks may challenge existing supervisory frameworks. It highlighted the resilience of financial systems and the role of regulatory and institutional frameworks in strengthening preparedness for extreme events. Panelists: Andrea Enria, Senior Advisor, Bank of England; former Chair, Supervisory Board, European Central Bank Nicolas Véron, Senior Fellow, Peterson Institute for International Economics;&nbsp;Senior Fellow, Bruegel Moderator: Babak Abbaszadeh, President and CEO, Toronto Centre Watch the virtual executive panel <a href="https://youtu.be/6F4H37ApEkI?si=aCRtkg7fpawPDppV" target="_blank" style="color: rgb(7, 130, 187);">here</a>. Read the transcript <a href="https://torcentre.sharepoint.com/:b:/s/Files/IQDTEwMkrej-Qo2hjfv4prkmAYXWKrG7fJqu2fMPGoDSiIA?e=zUSdbI" target="_blank" style="color: rgb(7, 130, 187);">here</a>. Read their biographies <a href="https://torcentre.sharepoint.com/:b:/s/Files/IQDYcGyUAhVaSpGYezzQg2iEAYP94GS0_8a1pIBtLcI9CzQ?e=dCiMko" target="_blank" style="color: rgb(7, 130, 187);">here</a>. Écoutez le podcast en français <a href="https://torcentre.sharepoint.com/:u:/s/Files/IQCEkqTUl06iTKhxlGObBkViAQyZNeEuKBzSOWqIYlsNrLM?e=8i9Lxb" target="_blank" style="color: rgb(7, 130, 187);">ici</a>. Escuche el podcast en español <a href="https://torcentre.sharepoint.com/:u:/s/Files/IQB8mtm0bT5kSZB5WxEamfcEAZ_Qvk4SoCjtrMb4nWpXd-Y?e=tUXsDe" target="_blank" style="color: rgb(7, 130, 187);">aqui</a>.

<description>&lt;p&gt;This discussion focused on preparing for low-probability but high-impact shocks to the financial sector.&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;The panel explored how geopolitical developments, financial fragmentation, and evolving systemic risks may challenge existing supervisory frameworks. It highlighted the resilience of financial systems and the role of regulatory and institutional frameworks in strengthening preparedness for extreme events.&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong style="color: rgb(13, 177, 75);"&gt;Panelists:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong style="color: rgb(7, 130, 187);"&gt;Andrea Enria&lt;/strong&gt;&lt;span style="color: rgb(0, 0, 0);"&gt;, Senior Advisor, Bank of England; former Chair, Supervisory Board, European Central Bank&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong style="color: rgb(7, 130, 187);"&gt;Nicolas Véron&lt;/strong&gt;, Senior Fellow, Peterson Institute for International Economics;&amp;nbsp;Senior Fellow, Bruegel&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong style="color: rgb(13, 177, 75);"&gt;Moderator:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong style="color: rgb(7, 130, 187);"&gt;Babak Abbaszadeh&lt;/strong&gt;, President and CEO, Toronto Centre&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong style="color: rgb(7, 130, 187);"&gt;Watch the virtual executive panel &lt;/strong&gt;&lt;a href="https://youtu.be/6F4H37ApEkI?si=aCRtkg7fpawPDppV" target="_blank" style="color: rgb(7, 130, 187);"&gt;&lt;strong&gt;here&lt;/strong&gt;&lt;/a&gt;&lt;strong style="color: rgb(7, 130, 187);"&gt;.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;strong style="color: rgb(7, 130, 187);"&gt;Read the transcript &lt;/strong&gt;&lt;a href="https://torcentre.sharepoint.com/:b:/s/Files/IQDTEwMkrej-Qo2hjfv4prkmAYXWKrG7fJqu2fMPGoDSiIA?e=zUSdbI" target="_blank" style="color: rgb(7, 130, 187);"&gt;&lt;strong&gt;here&lt;/strong&gt;&lt;/a&gt;&lt;strong style="color: rgb(7, 130, 187);"&gt;. &lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;Read their biographies &lt;a href="https://torcentre.sharepoint.com/:b:/s/Files/IQDYcGyUAhVaSpGYezzQg2iEAYP94GS0_8a1pIBtLcI9CzQ?e=dCiMko" target="_blank" style="color: rgb(7, 130, 187);"&gt;here&lt;/a&gt;.&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;Écoutez le podcast en français &lt;a href="https://torcentre.sharepoint.com/:u:/s/Files/IQCEkqTUl06iTKhxlGObBkViAQyZNeEuKBzSOWqIYlsNrLM?e=8i9Lxb" target="_blank" style="color: rgb(7, 130, 187);"&gt;ici&lt;/a&gt;.&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;Escuche el podcast en español &lt;a href="https://torcentre.sharepoint.com/:u:/s/Files/IQB8mtm0bT5kSZB5WxEamfcEAZ_Qvk4SoCjtrMb4nWpXd-Y?e=tUXsDe" target="_blank" style="color: rgb(7, 130, 187);"&gt;aqui&lt;/a&gt;.&lt;/p&gt;</description>

This discussion focused on preparing for low-probability but high-impact shocks to the financial sector.The panel explored how geopolitical developments, financial fragmentation, and evolving systemic risks may challenge existing supervisory framew...

Toronto Centre Podcasts

Ep. 178: Virtual Executive Panel: Preparing for the Unthinkable: Financial Stability in an Era of Extreme Risk

Ep. 178: Virtual Executive Panel: Preparing for the Unthinkable: Financial Stability in an Era of Extreme Risk

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