This is of course a topic not explicitly covered in the sessions of this conference. Last November, when the call for papers was closed, nobody could have anticipated the events that would then unfold. But this does not mean that the discussions that will take place during this event will have no relevance to current financial and policy developments.
On the contrary, many of the topics that will be covered in this conference – like the pro-cyclicality of loan loss provisioning requirements, the challenges associated with the rapid adoption of new technologies in the banking sector, the effects of bank dividend pay-out policies, or the implications of rising corporate solvency risk on banks’ balance sheets – have been and will continue to be at the heart of the debate on the policy response to the Covid-19 crisis in the coming months.