MIL-OSI Video: Panel discussion: Operational resilience – are banks prepared for the worst?


Source: European Central Bank (video statements)

With the pandemic and the war in Ukraine, banks faced two unprecedented crises and relief is not in sight. Are they prepared for a multitude of challenges including implementing sanctions, strengthening cybersecurity and facing climate change? Are banks able to adapt their operations to handle what lies ahead? What can and should supervisors do to steer them in the right direction?

Moderator: Raymond Frenken, financial journalist

– Elena Carletti, Professor of Finance, Bocconi University and Member of the Board of Directors, UniCredit
– Elizabeth McCaul, Member of the Supervisory Board, European Central Bank
– Christian Ossig, Chairman of the Executive Committee, European Banking Federation
– Fernando Restoy, Chair, Financial Stability Institute, Bank for International Settlements

Audience Q&A