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The World Bank Financial Sector Advisory Centre (FinSAC) invites its colleagues and friends to an international conference on ¡°Financial sector stability in times of geopolitical turbulence¡± on May 27-28, 2025, in Vienna, Austria. FinSAC supports client countries in emerging Europe and Central Asia on issues related to crisis management, micro-prudential supervision, banking resolution, and climate-related financial risks. The conference brings financial sector supervisors and others responsible for financial stability together with high-level European and global experts to continue advancing their reform priorities.

The banking systems in FinSAC client countries have benefited from comprehensive regulatory reform and a more benign macroeconomic environment. Banks currently operate with much higher levels of capital and liquidity; they are profitable and report low levels of non-performing loans. However, continuing war in Ukraine and conflict in the Middle East are keeping inflationary pressures and economic uncertainty at high levels, potentially threatening financial stability across the region.

The Conference will examine key topics for financial sector policymakers in the region. The cross-border coordination in banking supervision and resolution will be discussed in detail. Given the evolving nature of financial risks stemming from climate change, a special session will be dedicated to measuring physical climate risks, a topic which is highly relevant for FinSAC client countries. Digitalization of banking services is a further important area, the supervisory approaches of digital business models will be covered during the conference. The event will combine technical discussions with practical interactive sessions. 

Please contact Ms. Mariya Dimitrova Mavrova ([email protected]) regarding nomination for participation no later than March 15, 2025.