This virtual executive panel examined the role of independence in financial supervision, focusing on its legal, institutional, and operational dimensions. The discussion will explored why independence is important, how it supports policy credibility and financial stability, and the ways in which independence can be weakened in practice through appointment and governance arrangements, funding structures, mandate expansion, institutional design, and external influence.

Panelists:

Elsie Addo Awadzi, Visiting Fellow, Blavatnik School of Government, University of Oxford; former Deputy Governor, Bank of Ghana; Board Member, Toronto Centre

Kevin Stiroh, Senior Fellow, Resources for the Future; former Executive Vice President, Federal Reserve Bank of New York  

Moderator:

Clive Briault, Chair, Banking Advisory Board, Toronto Centre

Watch the virtual executive panel here.

Read the transcript here.

Read their biographies here.

Écoutez le podcast en français ici.

Escuche el podcast en español aqui.