Source: European Central Bank (video statements)
The expanding role of non-bank financial intermediaries and the rising interconnectedness within the financial system call for a system-wide approach to stress testing. This panel will explore how macroprudential authorities can address the challenges involved in implementing such an approach.
Panellists:
• Viral Acharya, C.V. Starr Professor of Economics, Leonard N. Stern School of Business
• Nathanaël Benjamin, Executive Director, Financial Stability Strategy and Risk, Bank of England
• Rama Cont, Professor, Oxford University
• John Fell, Deputy Director-General, Macroprudential Policy and Financial Stability, European Central Bank
Chair: Aino Bunge, Deputy Governor of Sveriges Riksbank, Vice-Chair of the ESRB Advisory Technical Committee
The 2025 ESRB conference theme is “Broadening Horizons: The ESRB’s Next Decade of Impact.”
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZnF_n2uxkH2fdSPyfoNzz9f
See the conference programme here: https://www.esrb.europa.eu/news/schedule/2025/html/20250903_9th_annual_conference.en.html
