Fifth conference explores financial stability and regulation challenges
Banca d'Italia, Bocconi University, EIEF, and CEPR will host the fifth 'Financial Stability and Regulation' conference in Rome on March 23-24, 2026, bringing together leading academics and policymakers.
Digital banking and monetary policy in focus
The conference opens with a welcome address by Chiara Scotti from Banca d'Italia, followed by a keynote speech from Tano Santos of Columbia Business School, focusing on "Destabilizing Digital Bank Walks.
" The first session delves into "Monetary Policy Transmission through Bank Balance Sheets," featuring research on "Securities Losses and the Bank Collateral Channel of Monetary Transmission" by Mariassunta Giannetti and co-authors, including Caterina Mendicino from the European Central Bank.
Another paper, "Quantitative Tightening: The Bank Liquidity - Duration Nexus," is presented by Matthieu Chavaz from the Bank for International Settlements and Alba Patozi from the Bank of England, among others.
These discussions highlight the evolving landscape of monetary policy and its interaction with financial institutions.
Addressing credit market vulnerabilities
Session II explores "Information, Platforms, and Algorithms in Credit Markets," with presentations on "Platform finance" by Yingjie Huang and "Black Box Credit Scoring and Data Sharing" by Alessio Ozanne.
Following this, Session III examines "Safe Asset Market Fragility, Dealers, and Central Bank Interventions," featuring papers such as "Central Bank Balance Sheet and Treasury Market Disruptions" by Adrien d'Avernas and "Dealers Information and Liquidity Crises in Safe Assets" by Robert Czech and Win Monroe.
These sessions collectively address critical vulnerabilities and the role of central banks in maintaining market stability.
Timely insights for evolving risks
The conference addresses critical and evolving challenges in financial stability and regulation, bringing together diverse perspectives from academia and central banks.
Its focus on digital banking, credit markets, and non-bank interconnections highlights the urgency of understanding new systemic vulnerabilities.
The discussions will likely inform future policy debates and research agendas, offering valuable insights for policymakers navigating complex financial landscapes.