Home > Public events > Events > 2013 > 10 > Banking Supervision and Resolution in the EU- Who Calls the Shots?

 

Banking Supervision and Resolution in the EU- Who Calls the Shots?

LSE European Institute Towards a Genuine Economic and Monetary Union panel discussion

Date: Wednesday 16 October 2013 
Time: 6.30-8pm 
Venue: Wolfson Theatre, New Academic Building
Speakers: Ignazio Angeloni, Charles Goodhart, Hélène Rey

After two decades that have seen an outsourcing of prudential financial supervision to independent agencies, there is now a distinct movement to reassign greater supervisory powers to central banks as supervisors. The Bank of England and the European Central Bank are each a case in point. How will the multiplicity of objectives be handled when price stability calls for restrained monetary policy while financial stability would be helped by a less restrictive monetary stance? How can crisis management work when a liquidity crunch leaves parts of the banking system insolvent, calling for a fiscal backstop for the supervisor? And can macroprudential instruments succeed in less than fully rational financial markets? This panel discussion is part of the series Towards a Genuine Economic and Monetary Union - what can the UK and the EU learn from each other?, which is organised in partnership with the European Commission Representation in the UK.

Ignazio Angeloni is advisor to the European Central Bank Executive Board on European financial integration, financial stability and monetary policy, and a visiting fellow at Bruegel, the European think tank on international economics.

Charles Goodhart was the Norman Sosnow Professor of Banking and Finance at the London School of Economics until 2002 and director of the Financial Regulation Research Programme; he is now an emeritus professor of the LSE Financial Markets Group.

Hélène Rey is professor of economics at London Business School and research fellow at the Center for Economic and Policy Research and the National Bureau of Economic Research; previously she was professor of economics and international affairs at Princeton University. She has won several prestigious prizes for her research which focuses on capital movements, exchange rates and the international monetary system.

For more information on this event and others in the series, visit Towards a Genuine EMU|.

Suggested hashtag for this event for Twitter users: #LSEemu

This event is free and open to all with no ticket required. Entry is on a first come, first served basis. For any queries euroinst.events@lse.ac.uk| or call 020 7955 7896.

From time to time there are changes to event details so we strongly recommend that if you plan to attend this event you check back on this listing on the day of the event.

Twitter and Facebook

You can get immediate notification on the availability of an event podcast by following LSE public lectures and events on Twitter|, which will also inform you about the posting of transcripts and videos, the announcement of new events and other important event updates. Event updates and other information about what's happening at LSE can be found on the LSE's Facebook| page.

Accessibility

If you are planning to attend this event and would like details on how to get here and what time to arrive, as well as on accessibility and special requirements, please refer to LSE Events FAQ|.  LSE aims to ensure that people have equal access to these public events, but please contact the events organiser as far as possible in advance if you have any access requirements so that arrangements, where possible, can be made. If the event is ticketed, please ensure you get in touch in advance of the ticket release date.

Whilst we are hosting this listing, LSE Events does not take responsibility for the running and administration of this event. While we take responsible measures to ensure that accurate information is given here (for instance by checking that the room has been booked) this event is ultimately the responsibility of the organisation presenting the event.

 

Share:Facebook|Twitter|LinkedIn|