FMA Panel Discussions: Systemic Risk Regulation

Managing systemic risk is viewed by many as the key to preventing future financial crises, but what it is and how it is best dealt with is not well understood. All the panelists have long and distinguished records on topics and policy issues concerning the macroeconomic importance of large, systemically-important banking organizations. Panelists will advance their views on the definitions of systemic risks, on how lessening such risks will lower the probability of a future crisis, and on the practical questions of what policies could be implemented given the recently passed financial legislation.

Provider: Financial Management Association International (FMA)
Difficulty: Medium
Rating: 3

What You Will Learn

Managing systemic risk is viewed by many as the key to preventing future financial crises, but what it is and how it is best dealt with is not well understood. All the panelists have long and distinguished records on topics and policy issues concerning the macroeconomic importance of large, systemically-important banking organizations. Panelists will advance their views on the definitions of systemic risks, on how lessening such risks will lower the probability of a future crisis, and on the practical questions of what policies could be implemented given the recently passed financial legislation.

Panel Discussion

Panel Moderator : S Wayne Passmore, Deputy Associate Director, Federal Reserve Board

Speakers
Viral Acharya, Professor of Finance, New York University 
Diana Hancock, Deputy Associate Director, Federal Reserve Board 
Richard Herring, Jacob Safra Professor of International Business, Professor of Finance, and Co-director, Wharton Financial Institutions Center, University of Pennsylvania 
Peter Lupoff, Founder, CEO, and Portfolio Manager, Tiburon Capital Management