ALFI European Risk Management Conference

Speaking at

Several supranational entities have concomitantly launched consultations, suggesting that funds could constitute a threat to financial stability. While the targeted institutions, under the label “non-banking financial intermediations” go beyond fund managers only, the sheer size of the industry is often mentioned and most questions are directly addressed to UCIs. In this panel, participants will explore the initial hypotheses of the supranational entities and examine the supranational arguments concerning the alleged sources of macroeconomic risk. Participants will also consider the potential practical day-to-day consequences of such supranational entity initiatives for fund and risk managers in terms of leverage monitoring, capital adequacy, liquidity requirements, reporting, and central supervision.