On January 24 2023, the Institute for Law and Finance (ILF) presented the eleventh conference in their series on the future of the financial sector, organized by Andreas Dombret and Patrick Kenadjian. Oliver Wyman is proud to act as Knowledge Partner for the event.
The conference asked the question: The next systemic financial crisis — where might it come from? A distinguished group of senior representatives from the public and private sectors will discuss the issues around four major concerns:
- What are the major macroeconomic factors the financial sector faces?
- What are the challenges from crypto assets and cybersecurity?
- What issues do non-bank financial institutions pose to financial stability?
- What issues in particular affect the regulated service providers?
You can find the recordings from the event here.
09:00 WELCOME AND INTRODUCTION
Hendrik Haag, Director, Institute for Law and Finance
Patrick Kenadjian, Senior Counsel, Davis Polk & Wardwell
09:10 KEYNOTE ADDRESS
Klaas Knot, Chair, Financial Stability Board, and President, De Nederlandsche Bank (Remote)
10:00 PANEL 1: MACROECONOMIC FACTORS
Sarah Breeden, Executive Director, Bank of England
Claudio Borio, Head of the Monetary and Economic Department, Bank for International Settlements
Alice Carr, Executive Director, Public Policy, Glasgow Financial Alliance for Net Zero
Axel Weber, President, Center for Financial Studies
Moderator: Lisa Quest, Partner and Head of Public Sector, Oliver Wyman
11:45 CONVERSATION ON CYBERSECURITY
Stephen Schmidt, Chief Security Officer, Amazon (Invited)
Andreas Dombret, Global Senior Advisor, Oliver Wyman, Former Member of the Management Board, Deutsche Bundesbank
12:05 PANEL 2: CRYPTO ASSETS AND CYBERSECURITY
Michael J. Hsu, Acting Comptroller, US Office of the Comptroller of the Currency (Remote)
Antonio, Alvarez, Chief Complience Officer, crypto.com (Remote)
Edward Bowles, Global Director of Public Policy, Meta Financial Technologies
Patricia Mosser, Senior Research Scholar, Director of the MPA in Economic Policy Management, Columbia SIPA (Remote)
Verena Ross, Chairperson, European Securities and Markets Authority (invited)
Cecilia Skingsley, Head, BIS Innovation Hub
Moderator: Maria E. Tsani, Head of Financial Services Public Policy EMEA, Amazon Web Services
14:00 PANEL 3: NBFIs
Tobias Adrian, Financial Counsellor and Director, IMF Monetary and Capital Markets Department (Remote)
Joanna Cound, Head of EMEA Government Affairs and Public Policy, BlackRock
Martin Moloney, Secretary General, IOSCO (Remote)
Hedwige Nuyens, CEO, International Banking Federation
Caroline D. Pham, Commissioner, US Commodity Futures Trading Commission (Remote)
Moderator: Patrick Kenadjian, Senior Counsel, Davis Polk & Wardwell
15:45 PANEL 4 REGULATED FINANCIAL SERVICE PROVIDERS
Torry Bernsten, CEO, Europe and Americas, Standard Chartered (Remote)
Jose-Manuel Campa, Chairperson, European Banking Authority
Stuart Graham, Head of Banks Strategy, Autonomous (Remote)
Kersten af Jochnik, Member of the Supervisory Board, European Central Bank (Invited)
Luiz Awazu Pereira da Silva, Deputy General Manager, Bank for International Settlements
Dimitris Zafeiris, Head of Risks and Financial Stability Department, EIOPA
Moderator: Andreas Dombret, Global Senior Advisor, Oliver Wyman, former Member of the Management Board, Deutsche Bundesbank