Panel discussion with Mathias Dewatripont (BNB-ULB), Jean Bellemans (Vesalius), Thierry Philipponnat (Secretary General, Finance Watch) & Guy Roelandt (Belfius Ins) moderated by Steven Rombaut (VRT journalist).
Topics:
– The regulatory structures and process
– The power balance between regulator and regulated firms
– Breakdowns in supervision:
– The Savings & Loans crisis (1986-1991)
– The securitisation of subprime loans (2002-2007)
– The LIBOR affair (2006-2009)
– Are revolving doors between supervised and regulator undermining supervision?
– To what extent does the power of money upset the regulatory process?