Next crisis? What might the next big bang look like? What financial institutions need to do now to ensure sustainability of their business and to avoid a repeat of the 2008-2009 fiasco.

Philosophical debates on:

– What can drive the next systemic crisis

– What are “fault lines” of the global economy

– To what extent the new regulation can mitigate the risk of the “next big bang”

– What should be key actions from financial institutions to mitigate the systemic risk.

Guest speaker of the meeting is Dr.Mark Zandi, Chief Economist of Moody’s Analytics and a co-founder of Economy.com, which Moody’s purchased in 2005. A trusted adviser to policymakers and an influential source of economic analysis, Dr. Zandi frequently testifies before Congress on topics including the economic outlook, the merits of fiscal stimulus and financial regulatory reform. He is one of the most widely quoted US economists in national and global publications and is a frequent guest on CNBC, CNN, NPR, Meet the Press, and various other news programs. Dr. Zandi is the author of “Financial Shock: How We Got Here and What Must Be Done to Fix It” and the “Paying the Price: Ending the Great Recession and Beginning a New American Century”.

• 18.30 Chairman’s Opening Welcome - Dr Evgueni Ivantsov, ERMC Chairman
• 18.40 Next Crisis? - Dr.Mark Zandi, Chief Economist of Moody’s Analytics
• 19.10 Discussion, moderated by nominated Council member
• 20. 20 Chairman’s Summing Up - Dr Evgueni Ivantsov, ERMC Chairman
• 20.30 Networking