Financial Risk and Regulation: Unfinished Business
March 27, 2012
Weil, Gotshal & Manges LLP
767 5th Avenue New York, New York 10153
- 8:45-9:45 am: Registration and Breakfast
- 9:45-10:00 am: Ira M. Millstein and Charles W. Calomiris, Welcome & Opening Remarks
Session I
This session will address relevant regulatory actions currently underway, and their implications, both positive and negative.
- Session Chair: Edward R. Morrison, Columbia Law School
- H. Rodgin Cohen, Sullivan & Cromwell LLP
- Harvey R. Miller, Weil, Gotshal & Manges LLP and Columbia University
- Mark Carey, Federal Reserve Board of Governors
Event Time:
- 10:00–11:15 am: The Current State of Play Under Dodd-Frank and Basel
- 11:15–11:30 am: Coffee Break
Session II
This session will address additional regulatory reforms that could reduce systemic global risk in the financial system.
- Session Chair: Christopher J. Mayer, Columbia Business School
- Charles W. Calomiris, Columbia Business School
- Richard Herring, Wharton School
- Harvey J. Goldschmid, Columbia Law School
Event Time:
- 11:30 am–12:45 pm: New Ideas for Reforming Prudential Regulation
- 12:45–2:00 pm: Lunch
Session III
This session will address structural issues about the size and concentrations of power for banks, rating agencies, accounting firms, “shadow banking,” and other financial players. Should the financial sector be divided into smaller pieces?
- Session Chair: Henry Kaufman, Henry Kaufman & Co, Inc.
- Ira M. Millstein, Weil, Gotshal & Manges LLP and Columbia University
- R. Glenn Hubbard, Columbia Business School
- Loretta J. Mester, Federal Reserve Bank of Philadelphia
Event Time:
- 2:00–3:15 pm: Is it Time to Break Up the Big Banks?
- 3:15–3:30 pm: Break
Session IV
This session will address whether it is necessary to establish new regional or global authority on regulation, resolution, or taxation of financial intuitions.
- Session Chair: Lawrence Glosten, Columbia Business School
- Stijn Claessens, International Monetary Fund
- Katharina Pistor, Columbia Law School
- Asli Demirguc-Kunt, World Bank
Event Time:
- 3:30-4:45 pm: Are New International Prudential Authorities Needed?
- 4:45-5:00 pm: Ira M. Millstein and Charles W. Calomiris, Wrap Up