This virtual executive panel examined how central banks and financial sector supervisors can prepare for low-probability but high-impact shocks in an increasingly uncertain global environment.

Inspired by recent remarks from Kristalina Georgieva, Managing Director, International Monetary Fund, on the need for policymakers to “think of the unthinkable and prepare for it,” the discussion explored how geopolitical developments, financial fragmentation, and evolving systemic risks may challenge existing supervisory frameworks.

Particular attention was given to the resilience of banking/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; Senior Fellow, Bruegel

Moderator:

Babak Abbaszadeh, President and CEO, 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.