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; 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.