Chief Economist and Member of the Management Board - European Stability Mechanism (ESM)
Governor - Danmarks Nationalbank
Deputy Governor - Bank of Slovenia
Executive Director of Supervision - De Nederlandsche Bank (DNB)
Head of the European Systemic Risk Board Secretariat - European Systemic Risk Board (ESRB)
Head of Public Affairs - CaixaBank
Group Chief Risk Officer - Bank of China (Luxembourg) S.A.
Partner - Global Head of Financial Services Advisory & Head of Financial Services - Mazars
Chief Risk Officer - Société Générale
This session will discuss how the EU regulatory and supervisory approaches, on the one hand, should address the evolution of non-performing loans (NPLs) and the possible weakening of corporate counterparts following the upcoming gradual withdrawal of government measures and, on the other hand, the need for bank finance during the recovery (in particular for those sectors with limited access to capital market like the SMEs in many Southern countries).
Then the panel will focus one the timetable and measures concerning the way back to normal of prudential and accounting requirements in Europe taking into account these objectives.
Points of discussion
- Regarding asset quality and credit risks challenges, what should be the consequences for the EU banking sector of the upcoming gradual withdrawal of public support measures on Non-Performing Loans (NPLs)? What should be the appropriate EU regulatory and supervisory measures for ensuring a smooth and sound recovery while avoiding cliff-effects? What additional policy measures may be required in Europe to address the debt burden of viable but over indebted firms?
- After the pandemic is under control what should be the timetable and measures concerning the way back to normal of prudential and accounting requirements in Europe?