Speakers
Public Authoritiess
John
Director-General, DG FISMA - European Commission
Jon
Deputy Governor, Financial Stability - Bank of England
Tajinder
Acting Secretary General - International Organization of Securities Commissions (IOSCO)
Thomas
Head of Asset Management Division - Swiss Financial Market Supervisory Authority (FINMA)
Industry Representativess
Bernard
President of International - Bank of America
Dermot
Chief Operating Officer - Goldman Sachs International
Markus
Group Chief Compliance and Governance Officer - UBS Group AG
Shinsuke
Chief Executive Officer for for Europe, Middle East and Africa - Mizuho Financial Group, Inc. / Mizuho Bank, Ltd.
3
David
President - EUROFI
Objectives
The objective of this session is to discuss whether differences in policy responses to Covid-19 have fragmentary effects or give rise to cross-border and cross- sectoral spillovers that may warrant enhanced international coordination.
The progress made in the four areas identified by the Financial Stability Board – i) deference; (ii) pre-positioning of capital and liquidity within global systemically important bank; (iii) regulatory and supervisory coordination and information-sharing; and (iv) market fragmentation – will also be assessed as well as the best approaches and measures that would appropriately address such global financial fragmentation.
Points of discussion
- Is global financial fragmentation increasing again following the Covid crisis?
- How best to address global financial fragmentation? What measures could enhance international cooperation among authorities?