Taking Stock of Financial Resilience: What Have We Learned and What are the Challenges?

This fifth annual conference, cosponsored by the OFR and the Financial Stability Oversight Council on Feb. 5, 2016, brought together financial practitioners, researchers, and regulators to discuss emerging financial stability issues. Four panels of academics and officials discussed “Orderly Resolution Around the World,” “Stress Tests Beyond Banks,” “Central Clearing for Repos in the United States,” and “How Can Regulators Monitor and Adapt to Changing Market Structure?”

Logo of the OFR and FSOC conference held on February, fifth 2016

Conference Agenda

8:45 - 9 a.m.
Welcome and Introduction

Nathan Sheets, Under Secretary of International Affairs, U.S. Department of the Treasury

9 - 10:15 a.m.
Orderly Resolution Around the World

Moderator:
Charles Taylor, Executive Fellow, Office of Financial Research

Panelists:
Arthur Murton, Director, Office of Complex Financial Institutions, Federal Deposit Insurance Corporation
Richard Herring, Professor, The Wharton School of the University of Pennsylvania
Ignazio Angeloni, Member, Supervisory Board, European Central Bank

10:30 - 11:45 a.m.
Stress Tests Beyond Banks

Moderator:
Jill Cetina, Associate Director, Policy Studies, Office of Financial Research

Panelists:
Elisabetta Russo, ERM Advisor, FIA, MAAA, National Association of Insurance Commissioners
Matthew Pritsker, Senior Financial Economist and Policy Advisor, Federal Reserve Bank of Boston
Mark Flannery, Chief Economist, Securities and Exchange Commission

12 - 1:45 p.m.
Lunch and Keynote Speaker

Timothy Massad, Chairman, Commodity Futures Trading Commission

2 - 3:15 p.m.
Central Clearing for Repos in the United States

Moderator:
Viktoria Baklanova, Senior Financial Analyst, Office of Financial Research

Panelists:
Robert Steigerwald, Senior Policy Advisor, Federal Reserve Bank of Chicago
Lawrence Sweet, Senior Vice President, Federal Reserve Bank of New York
Matthew Eichner, Deputy Director, Research and Statistics, Federal Reserve Board

3:30 - 4:45 p.m.
How Can Regulators Monitor and Adapt to Changing Market Structure?

Moderator:
Charles Cohen, Deputy Director of Analysis, Financial Stability Oversight Council

Panelists:
Stephen Luparello, Director, Division of Trading and Markets, Securities and Exchange Commission
Sayee Srinivasan, Chief Economist, Commodity Futures Trading Commission
Seth Carpenter, Acting Assistant Secretary, U.S. Department of the Treasury

4:45 - 5 p.m.
Closing Remarks

Stacey Schreft, Deputy Director for Research and Analysis, Office of Financial Research