Fourth ESRB annual conference Session 2:
Channel: European Central Bank
Date: 2019-09-27

The role of non-banks in the economy and the financial system

The EU non-bank financial system has grown significantly in recent years. This reinforces the need to develop a framework to monitor risks in this part of the financial sector. Such a risk monitoring framework is a key part of a broader macroprudential strategy. This session will discuss potential financial stability risks and key elements which should be considered when monitoring risks and vulnerabilities in the non-bank financial system.

Chair:
Richard Portes, Professor, London Business School, and ESRB ASC Chair

Speakers:
Neeltje van Horen, Senior Research Advisor, Bank of England
Mariassunta Giannetti, Professor Stockholm School of Economics
Victoria Ivashina, Professor, Harvard University