The World Bank Financial Sector Advisory Centre (FinSAC) works with client countries in emerging Europe and Central Asia on issues related to financial stability, micro-prudential supervision, and banking resolution. Russia’s invasion of Ukraine has prompted fundamental shifts in the global commodity and financial markets and dampened the confidence of businesses and consumers that were just emerging from the pandemic. Against this backdrop, the banks are facing renewed financial stability risks which would be discussed during FinSAC’s Annual Supervisory Conference.
FinSAC invites its colleagues and friends to meet with European and global experts for its international conference on "Renewed supervisory challenges in light of tightened financial conditions and economic slowdown” on May 9-10, 2023, in Vienna, Austria. We will discuss how the banking systems in ECA region were able to weather new shocks stemming from the war and high interest rate environment, with yet no significant rise in non-performing loans. In addition to NPL resolution tools, the supervisory approaches to interest rate and operational risks will be discussed. Coupled with cross-border aspects of bank recovery and resolution framework we will also touch upon the upcoming changes to the European crisis management and deposit insurance framework. Lastly, we will continue discussions on the supervisory approaches to climate related risks with special focus to carbon transition plans for banks and macroprudential stress testing.
If you have any questions, suggestions or special requests regarding the event, please do not hesitate to contact Mr. Juan Ortiz email@example.com.