Event date: 28 September 2018
Non-bank financial intermediation comprises almost half of the global financial sector. Since the crisis, UK private non-financial corporations have also substituted funding from banks for tradable securities. Alongside these changes, the share of electronic trading in financial markets has increased substantially over the last decades.
Therefore, the resilience of the non-bank financial sector and the evolving market infrastructure is crucial for the financial system to play its crucial role of providing funding to the real economy. Their resilience will also ensure that the financial system overall absorbs, rather than amplifies, stresses.
In order to assess the financial stability implications of these recent developments, it is important for academics and policy makers to improve their understanding of risks arising from the behaviour of non-bank financial institutions and the evolution of the supporting market infrastructure, and how to deal with those risks.
Keynote speakers include:
Alex Brazier, Executive Director, Financial Stability Strategy and Risk, Bank of England
Itay Goldstein Wharton School of Business, University of Pennsylvania
To register please visit http://www.cvent.com/d/1bq742