Banking Regulation after the Financial Crisis
"Banks are prone to failure yet are seldom allowed to fail. This is why regulators exist, to stop an individual bank collapse from turning into a systemic and catastrophic cascade of failures among other weak financial firms. Addressing this systemic risk before a failure occurs is an especially tricky problem: Efforts to maintain minimum capital or liquidity requirements may actually destabilize an already wobbly industry."
Charles Schell, SCMP October 2008
Background
In the next few months the regulatory response to the financial meltdown will define the shape of the financial services industry for decades to come, just as the Glass-Steagall Act defined US banking in the post-depression era. But will the legislators produce the right type of regulation or even choose the right regulatory targets? Is it practical or even possible to produce effective bank regulation in an integrated international environment? This session will look at the reasons for bank regulation, the limits to its effectiveness and the framework most likely to emerge in the months to come.
Benefits
This session will equip participants to understand one of the most important controversies affecting anyone who works in or with the financial services industry. Changing regulation and the role of new regulators will affect:
The role of financial intermediaries and financial intermediation; The profitability of financial intermediaries; Compliance, training and reporting requirements; Competition between and amongst commercial and investment banks and between bank and non-bank entities; Compensation.
At the end of this session, participants will be better equipped to anticipate and understand regulatory changes, and profit from an enhanced understanding of the emerging competitive landscape in financial services.
About the Speakers
Before commencing his career in academia, Charles worked as a general manager, financial analyst, consultant, outdoor educator, ski instructor, millwright and boat builder. He has recently served as director of UNBC's innovative MBA program and continues to lecture, write and consult worldwide on MBA and executive programs for several universities and several large and aspiring multinational clients.
Before joining Manchester Business School in 1989, Charles worked as a manager and consultant in Asia and the South Pacific. He has taught international business, private equity and finance on all of MBS's MBA programs and from 1996-1998 directed the flagship International Business Project, a 10 week client driven project that engages students on real consulting projects funded by major multinationals. In 1992 he was part of the group that founded MBS Worldwide, a major distance MBA program and he is coordinator of the International Business Strategy course.
Event Info
Venue:
Sunshine Hotel, Shenzhen
Date:
03 Nov, 2009 (Tuesday) 12:30pm - 3:00pm
Fee:
Free (First-come, first served)
Register: Please reply this mail with your details to eventadmin@peochina.com or register online.
*Lunch will be served
Contact Us
For more information, please contact us at the number below:
Manchester Business School Hong Kong
Tel: (852) 2526 4680
Email: mba@mbs.edu.hk (Attn: Ms. Kobi Chen)
http://hongkong.mbs-worldwide.ac.uk/
PEO China
Tel: (86755) 8351 5800
Email: support@peochina.com (Attn: Ms. Belinda Lin)
http://www.peochina.com/
Privilege Members of the European Chamber Pearl River Delta Chapter
Event Terms & Conditions
Please be advised that the media is normally allowed to attend all EUCCC public events unless otherwise stated, on the condition that no one attending these events quotes participants by name (the “Chatham House Rule”).
Please register before 2:00pm on Monday, 26th June. Please note that we will send you a registration confirmation. We require 24 hours notice for cancellations, no-shows who fail to cancel before this time will be invoiced for the event. Registrations done after the deadline will be accepted only if space permits and are charged an additional 50 RMB walk-in fee.
Fees will be collected in cash at the entrance.