Who Wants Big Banks?
DATE: 26-27 June 2013
Since its inception, the goal of the Banking Law Symposium has been to foster a dialogue on important public policy issues affecting the financial services industry. As in past years, the program highlights a topical theme and brings together well-known academics, policymakers and practitioners.
The 2013 Workshop will address governance issues, ring-fencing government guarantees, policy options regarding bank resolutions, competition law, too big to fail, and the costs and benefits of financial regulation. The Symposium will be held at the University of Ottawa, Canada.
Views are emerging that banks are simply too big and should be broken up so that taxpayers are not again put at risk. A former Chairman and CEO of Citibank said that “[i]t wasn’t that one or two institutions did stupid things. It was, we all did, and the whole system came down”. As well, the former Chairman of Merrill Lynch noted that he was one of the people who led the charge to get rid of Glass-Steagall and he now regrets having done that.
Banks have increased in size and complexity and become global institutions challenging the reach of national regulators. What have we learned from the great financial crisis? What steps are policymakers taking to avoid similar events in the future? Has the risk culture of banking changed so dramatically? What is the future of financial regulation?
We are encouraging papers of 5,000 words or less and they will be published in a special issue of the Journal of Banking Regulation in late 2013.
SPONSORED BY: Centre for Commercial Law Studies, Queen Mary, University of London; Warwick Law School; University of Ottawa; Centre for Commercial Law and Financial Regulation, University of Reading; The Conference Board of Canada; and, Patterson & LaBrosse Financial Consultants Ltd.
Conference sessions will be held at the:
University of Ottawa, Ottawa, Canada
75 Laurier Avenue East
Ottawa, Ontario K1N 6N5, Canada
Tel: +1 613-562-5800 33
Registration: C$225 (before 1 June 2013); C$300 (After 1 June 2013 on space available)