Barry Johnston, Assistant Director, Monetary and Capital Markets Department, IMF

Dong He (Executive Director, Research Department, Hong Kong Monetary Authority)

Gilneu Astolfi Vivan (Deputy Head of Financial System Surveillance, Bank of Brazil)

Peter Tabak (Director, Financial Stability, Central Bank of Hungary)

Martin Johansson, (Deputy Director of Financial Stability, Sveriges Riksbank)

Home and host country perspectives on challenges in risk assessment, regulation, and oversight of large financial institutions whose funding and investment activities link a number of jurisdictions and markets.

Assessing financial stability implications of disturbances in systemically important regional or global financial centers or markets.

Kevin Stiroh (Senior Vice President, Federal Reserve Bank of New York)

David Strachan (Director, Financial Stability Division, U.K. Financial Services Authority)

Philippe Mongars (Deputy Director, Financial Stability Department, Bank of France)

Tools to define, identify, and conduct risk assessments on SIMIs, including metrics, indicators, and models.

Challenges related to data and information gaps and in facilitating use of the various tools; second-best approaches, including minimal quality thresholds.

Marta Estavillo (Senior Advisor, Bank of Spain, Co-Chair of the Joint Forum Working Group on Differentiated Nature and Scope of Regulation)

Sabine Lautenschläger (Head of Banking Supervision, BaFIN)

David Strachan (Director, Financial Stability Division, U.K. Financial Services Authority)

Aditya Narain (Advisor, Monetary and Capital Markets Department, IMF)

The manner in which SIMI identification and risk assessment has been used—or is anticipated to affect—the boundary of official sector regulatory oversight and regulation.

Automatic mechanisms that would bring newly identified SIMIs into the regulatory boundary. Possible challenges and risks in expanding the perimeter based on identification of SIMIs.

Current thinking on stand-alone systemic risk regulatory authority.

Challenges in coordinating activities and oversight of different regulatory/oversight bodies where they may be responsible for different types of systemic institutions.

Keith Hall (Assistant Governor, Reserve Bank of Australia)

Pascual O’Dogherty (Director, Financial Stability Department, Bank of Mexico)

Jesús Saurina (Director of the Financial Stability Department, Bank of Spain)

Hiroshi Ugai (Deputy Director-General, Financial Systems and Bank Examinations Department, Bank of Japan)

Sebastián Katz (Deputy Head of the Economic Research Department, Central Bank of Argentina)

The scope for coherently and comprehensively defining SIMIs, the desirability and risks of doing so, and current practical approaches.

National perspectives on how this influences regulatory and supervisory practice, and on organization of the work.

Systemic and Tail Risk: Laura Kodres (Division Chief, Global Financial Stability Division, Monetary and Capital Markets Department, IMF) Supplementary document

Philipp Keller (Head, Insurance Risk Management, Deloitte)

Matthew Richardson (NYU Stern School of Business)

Peter Sohre (Head of Integrated Risk Reporting, Swiss Re)

Hao Zhou (Senior Economist, U.S. Federal Reserve Board of Governors)

Nellie Liang (Senior Associate Director, U.S. Federal Reserve Board of Governors)

Review of some of the leading applied modeling techniques to assess systemic risks.

Exploring whether there is consensus among supervisors, private sector representatives, and academics regarding an operational definition of tail risk.

Keith Hall (Assistant Governor, Reserve Bank of Australia)

David Rule (Head of Macroprudential Department, U.K. Financial Services Authority)

Til Schuermann (Senior Vice President, Federal Reserve Bank of New York)

Andrea Enria (Head of Regulations and Supervisory Policy, Bank of Italy)

Examining the approach that stress-testing practitioners have taken to consider systemic risks.

Michael Alix (Senior Vice President, Risk Management, Federal Reserve Bank of New York)

Mark Dow (Portfolio Manager, Pharo Management, LLC)

David Rule (Head of Macroprudential Department, U.K. Financial Services Authority)

Mila Getmansky Sherman (University of Massachusetts at Amherst)

Mahmood Pradhan (Senior Advisor, Asia and Pacific Department, IMF)

Indicators, data, and tools that experts currently rely upon to assess hedge fund leverage and liquidity risk, and on the data gaps that preclude more sophisticated analysis.

Adam Ashcraft (Vice President, Financial Risk Department, Federal Reserve Bank of New York)

Zoltan Pozsar (Senior Financial/Economic Analyst, Financial Stability Market Monitoring, Federal Reserve Bank of New York)

Morgan Ricks (Senior Policy Advisor, U.S. Treasury)

Everett Rutan (Senior Vice President, Structured Finance, Moody’s) Supplementary documents 1 and 2

Robert Sheehy (Deputy Director, Monetary and Capital Markets Department, IMF)

Asking what indicators might be used, what data exists, and what information gaps need to be filled on the shadow banking sector.

Tae Soo Kang (Director General, Financial Stability Office, Bank of Korea)

Pascual O'Dogherty (Director of Financial System Analysis, Bank of Mexico)

Gilneu Astolfi Vivan (Deputy Head of Financial System Surveillance, Bank of Brazil)

Christopher Towe (Deputy Director, Monetary and Capital Markets Department, IMF)

The failure of many standard leverage metrics for households, corporates, and municipalities – e.g., debt/assets – to raise red flags prior to the financial crisis, in part due to the increased use of derivatives. This panel will explore these issues and discuss what indicators could be most helpful in identifying such risks.

Rama Cont (University of Paris)

Sheri Markose (University of Essex)

Kimmo Soramäki (DG Payment Systems and Market Infrastructure, European Central Bank)

Stijn Claessens (Assistant Director, Research Department, IMF)

Ivan Alves (Principal Financial Stability Expert, European Central Bank)

Serafín Martínez Jaramillo (Senior Financial Researcher, Bank of Mexico)

Lavan Mahadeva (Bank of England)

David Marston (Senior Advisor, Strategy, Policy, and Review Department, IMF)

A review and discussion of state-of-the-art models to assess systemic risk, using network analysis and its applications for financial surveillance by public entities.

Richard Berner (Co-Head, Global Economics, Morgan Stanley)

Michael Zerbs (President and CEO, Algorithmics)

Laura Kodres (Division Chief, Global Financial Stability Division, Monetary and Capital Markets Department, IMF)

Reviewing current methodologies to manage risks in Large and Complex Financial Institutions, with a view to the task of performing financial sector surveillance at international agencies.

Eliza Hammel (Senior Bank Examiner, Federal Reserve Bank of New York)

John Kambhu (Vice President, Federal Reserve Bank of New York)

Andrei Kirilenko (Senior Financial Economist, U.S. Commodity Futures Trading Commission)

Stewart Macbeth (General Manager, The Depository Trust & Clearing Corporation, Trade Information Warehouse)

Patrick McGuire (Senior Economist, Monetary and Economics Department, Bank for International Settlements)

Gian Maria Milesi-Ferretti (Assistant Director, Research Department, IMF)

Seeking to examine existing data gaps that hinder the analysis of systemic risks, and discussing potential solutions.

Nigel Jenkinson (Adviser, Financial Stability Board)

Christopher Towe (Deputy Director, Monetary and Capital Markets Department, IMF)

Elie Canetti (Advisor, Monetary and Capital Markets Department, IMF)