Third Annual Joint Conference of the Deutsche Bundesbank, European Central Bank and Federal Reserve Bank of Chicago on CCP Risk Management

Financial leaders from around the world gathered for the Third Annual Joint Conference on CCP Risk Management organized by the Deutsche Bundesbank, the European Central Bank, and the Federal Reserve Bank of Chicago. Over the course of the day, speeches, fireside chats, and panel debates grappled with the pressing issues facing the financial sector. They addressed the industry’s response to COVID-19, climate change risk in financial markets, and ongoing structural changes in clearing.

Conference summary

Agenda

Wednesday, 03/03/21

2:20 PM

Panel 1: Lessons being learned from the coronavirus (COVID-19) crisis

Chair

Sir John Cunliffe, Deputy Governor for Financial Stability at the Bank of England and Chair of the Bank for International Settlements Committee on Payments and Market Infrastructures

Panel Debate

Eileen Kiely, Managing Director, BlackRock

Agnes Koh, Chief Risk Officer, Singapore Exchange

Jackie Mesa, Chief Operating Officer and Global Head of Policy, Futures Industry Association

Hester Serafini, President, Intercontinental Exchange Clear Europe

William Thum, Principal and Senior Derivatives Counsel, Vanguard

3:35 PM

Coffee break

3:45 PM

Panel 2: Climate change risk in financial markets

Fireside Chat

Alessandro Cocco, Vice President and Head of the Financial Markets Unit, Federal Reserve Bank of Chicago