Contributions
Specific categories for the 2025 contributions are:
- General contributions: themes of current interest linked to developments in the risk landscape or in regulatory debates
- Stress testing: ideas to improve methodologies and practices for supervisory and macroprudential stress test exercises
- Real estate: policies and supervisory practices to assess and contain risks to financial stability from real estate markets
- Non-bank financial institutions: tools to assess and contain risks to financial stability in light of the growing role on non-bank intermediaries
Supervisory Judgement – A Fresh Perspective?
26th June 2025
Category: General contributions
An article by Sam Woods, Chief Executive of the Prudential Regulation Authority and Deputy Governor of the Bank of England, in conversation with Professor Sir Andrew Likierman of the London Business School
Charles Goodhart Interview
26th June 2025
Category: General contributions
Andrea Enria and Pedro Duarte Neves in conversation with Charles Goodhart
Forum on Financial Supervision: Opening statement by the editors
26th June 2025
Category: General contributions
An opening statement about the Forum on Financial Supervision by the editors, Andrea Enria and Pedro Duarte Neves
About the Forum
The Forum on Financial Supervision seeks to trigger a lively debate on the most prominent issues on financial stability, by releasing written policy contributions from senior representatives from supervisory authorities, academia, and financial industry. The Forum hosts opinions on regulatory and supervisory issues with a broad coverage (microprudential, macroprudential, conduct, anti-money laundering, amongst others), for all the segments of the financial sector (banks and non-banks), and with a global perspective.
The Forum explores the current challenges for the preservation of financial stability and discusses possible options for regulatory policy and supervisory practices. The contributions will be released in two tracks: general contributions on any relevant topic for the preservation of financial stability; thematic contributions on selected topics which will be defined on an annual basis. Specific categories for 2025 are (i) stress testing, (ii) risk from real estate, and (iii) risks from non-banks.
The Forum releases varied and complementary views on the most relevant issues on financial stability, with a view to foster an open dialogue between supervisory authorities, academia and financial industry. Opinions are completely independent and reflect only personal views. The Forum welcomes feedback on the contributions and on any suggestions concerning other relevant topics to be covered. The editors of the Forum are Andrea Enria and Pedro Duarte Neves.
Andrea Enria
Andrea Enria is a Senior Advisor at the Prudential Regulation Authority and a Member of the Prudential Regulation Committee of the Bank of England, with a term of appointment from 20 March 2025 to 19 March 2028.
He was a visiting scholar at the London School of Economics’ Financial Market Group from May 2024 to April 2025. He previously had key roles in European banking supervision: he served as Chair of the Supervisory Board of the European Central Bank (2019-2023), first Chairperson of the European Banking Authority (2011-2018) and Secretary General of the Committee of European Banking Supervisors (2004-2008). He began his career in banking regulation and supervision at Banca d’Italia, where he covered different roles and left as Head of the Regulation and Macroprudential Analysis Department.
He has a BA in Economics from Bocconi University and a MA in Economics from the University of Cambridge.
Pedro Duarte Neves
Pedro Duarte Neves is Adviser for the Board of Directors of Banco de Portugal and editor of the Review of Economic Studies of the Bank. He is a Visiting Professor at Católica Lisbon School of Business and Economics, Associate at the Systemic Risk Centre (London School of Economics) – where he is also Editor of the Forum on Financial Supervision – Affiliated Fellow with the Qatar Centre for Global Banking and Finance (King’s College London), and a member of the Advisory Board of the European Banking Institute.
He was Vice-Governor of Banco de Portugal, Alternate Chairperson of the EBA, and chair of a number of committees in the scope of the FSB, EBA, and the Joint Committee of the ESAs. He has a vast experience at the main high-level supervisory and regulatory fora, like the EBA, SSM, ESRB, Joint Committee of the ESAs, and FSB.
Pedro Duarte Neves published in scientific journals like The Journal of Econometrics, Economics Letters and Economic Modelling. His research interests include banking supervision and regulation, macro-prudential policy, and the real economy.
