October 2016 Program Highlights
The Bretton Woods Committee would like to thank all our members and friends who joined us for a full agenda of Committee events in October.
Of course the highlight was our 2016 International Council Meeting – Navigating Uncertainty in an Uncharted Economic Era – where we had an insightful discussion on the future of globalization; global and regional economic growth prospects; risks to the financial system; the role of monetary policy and central banks; and harmonization of regulatory reform efforts.
Among the distinguished speakers were:
• Lawrence H. Summers, Charles W. Eliot University Professor, Harvard University
• Stefan Ingves, Governor, Sveriges Riksbank; Chairman, Basel Committee on Banking Supervision
• Sandie O’Connor, Managing Director and Chief Regulatory Affairs Officer, JPMorgan Chase
• Axel A. Weber, Chairman of the Board, UBS AG and UBS Group AG
• Clare Woodman, Global Chief Operating Officer for Morgan Stanley’s Institutional Securities Group
• Jose Angel Gurria, Secretary-General, Organisation for Economic Co-operation and Development
• Tharman Shanmugaratnam, Deputy Prime Minister and Coordinating Minister for Economic and Social Policies, Republic of Singapore
• Jean-Claude Trichet, Honorary Governor, Banque de France; Former President, European Central Bank
• H.E. Muhammad S. Al-Jasser, Advisor to the Council of Ministers, Kingdom of Saudi Arabia
• Enrique Garcia, Executive President and CEO, CAF Development Bank of Latin America
• Joachim von Amsberg, Vice President for Policy and Strategy, Asian Infrastructure Investment Bank
See the links below for press coverage of the Bretton Woods Committee 2016 International Council Meeting:
•Wall Street Journal - Basel Officials Say Some Banks May Face Capital Requirement Increases
•Nasdaq - Basel Official Says Some Banks May Face Capital Requirement Increases
•Globalisation has been 'a huge plus for humanity': Tharman
Please visit our website at www.brettonwoods.org in the days ahead for a full event summary and audio recording.
Special thanks to our Strategic Sponsor, Deloitte, and our Contributor, SICPA Holdings, for sponsoring the event.
From Theory to Market: State Contingent Debt Instruments (SCDIs) Roundtable
On October 6, the Bretton Woods Committee hosted a roundtable on the feasibility of a real market for SCDIs. The roundtable brought together issuers and investors to advise the IMF on their work in this area as mandated by the G20. Special thanks to Committee members, Bill Rhodes and Christian Kopf, who played an integral role in the planning and implementation of this important dialogue.
New Member and Emerging Leader Reception
Thanks to all of our members, new and existing, who stopped by our member reception on October 6. We thoroughly enjoyed getting to know many of you, and especially our Emerging Leaders in attendance. Special thanks to Committee Co-Chair, Jim Kolbe, for playing the part of host for the evening.
The Global Financial System: Dinner and Discussion
On October 6, in advance of the International Council, the Committee hosted a lively dinner and discussion on the global financial system. Topics included emerging risks to financial stability; balancing monetary and fiscal policy and structural reforms; capital requirements and regulatory reform; and financial institution conduct and culture. Special thanks to Committee members Jean-Claude Trichet and Michael O’Neill for offering remarks to kickstart the discussion. A very special thanks to Joni Swedlund and Deloitte for sponsoring the dinner as well as being our strategic sponsor for the 2016 International Council Meeting.