The Stability of the Global Financial System: An Urgent Need for Further Reform
Isabel Schnabel, Professor of Financial Economics, University of Bonn; Member of the German Council of Economic Experts
Chair: Dr Paola Subacchi, Research Director, International Economics, Chatham House
The continuing fragility of the eurozone, the election of President Trump and the ongoing issue of Brexit have all raised significant new questions for the future of global financial regulation.
Professor Isabel Schnabel will argue that, far from the current trend towards deregulation, the international financial system remains so precarious that further regulation and reform are both essential and urgent.
With global sovereign and consumer debts at all-time highs and the burden of non-performing loans weighing particularly heavily on Europe’s under-stress banks, Schnabel will outline a series of suggested reforms to achieve a more stable financial system in Europe that could provide a template for further reform elsewhere in the world.
To enable as open a debate as possible, this event will be held under the Chatham House Rule.
This event is only open to Major Corporate Member and Partner organizations of Chatham House. If you would like to register your interest, please RSVP to Linda Bedford. We will contact you to confirm your attendance.