Annual CIRSF Summer Conference – 2014 – on Regulation and Supervision of the Financial Sector

Following previous initiatives, CIRSF – Research Centre on Regulation and Supervision of the Financial Sector held its Annual Summer Conference last 19 July 2014, in scientific cooperation with the Bank of Portugal and ISP – Instituto de Seguros de Portugal (the Portuguese Insurance and Pension Funds Supervisory Authority). The Conference covered two main strands, comprehending (i) the Building Blocks of the European Banking Union and the First Steps of the Single Supervisory Mechanism – Actual Developments in Progress and Uncertainties Ahead – Legal (Constitutional and other) and Economic Hurdles in the Process and (ii) Safeguarding Financial Stability – The Challenges Ahead: Developments in Macro-prudential Supervision and Other Instruments to Prevent New Crises. How to Develop Architectures and Models of Financial Supervision that Can Address the Complexity of Financial Groups (Banking, Insurance and Securities Markets).
Professor Luís Morais, as Chairman of CIRSF and Jean Monnet Chair, opened the Conference with the presentation of its goals and working program. During the proceedings, Professor Pedro Duarte Neves, Vice Governor of the Bank of Portugal, and Professor José Almaça, President of ISP, provided an outlook on the current prospects of supervision of the banking sector and the insurance sector. The Conference was closed through concluding remarks by the Governor of the Bank of Portugal (Carlos Costa).
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