The 3rd International Conference of the Financial
Engineering and Banking Society (FEBS) took place on 6th-7th-8th of
June, 2013 at the
ESCP Europe Paris campus.
The 2013 Conference was organised by the Laboratory of Excellence for
Financial Regulation (LabEx-ReFi), under the auspices of the FEBS.
The Laboratory of Excellence for Financial Regulation
(LabEx-ReFi) has been created as an initiative of CNAM, ENA,
University Paris 1 Panthéon-Sorbonne (CES, PRISM and IRJS) and ESCP
Europe (the project leader) in the context of the "Grand
Emprunt". The LabEx-ReFi is a research centre dedicated to the
evaluation of regulation policies, with its main objectives being
to improve the understanding of financial systems and regulations'
implications, with a view of providing public authorities with
independent academic expertise and guidelines for
Darrell Duffie, Dean Witter
Distinguished Professor of Finance at the Graduate School of
Business - Stanford University
Ike Mathur, Editor-in-Chief of Journal Banking and Finance,
Southern Illinois University
The conference, titled 'Financial Regulation and Systemic
Risk', covered a wide range of topics related to financial
regulation, financial engineering, bank governance and systemic
risk, including but not limited to:
- What is "good regulation"?
- The principles and quality of accounting standards
- Asset and portfolio valuation
- Clearing houses, CCP
- Structured products regulation
- Capital adequacy: definition, impact on banking activity
- Risk measures and stress testing: regulations, measurement and
- Credit counterparty risk, CVA
- The role of rating agencies
- Financial intermediaries and shareholders remuneration
- Regulation of insurance companies
- Systemic risk impact of regulations: good or bad?
- Systemic risk overlook: methods and data
- Macro-economic impact of regulations on growth, sovereign debt,
credit markets, etc.
- The legal context and "post-market" activities
- Epistemology of the financial crisis
The 2013 Conference put a special emphasis on the developments
of new financial regulations and the aversion of systemic risk in a
post-financial crisis era.