Date: Wednesday, October 19, 2016
Time: 12:00pm - 02:00pm
Venue: Tokyo American Club
Speaker: Paul Schott Stevens (President and CEO, Investment Company Institute)
Member Fee: ¥4000 Guest Fee: ¥7400
Registration/Cancellation Deadline: Friday, October 14, 2016
Hosting Committee(s): Investment Management
But are they going too far? Risk is essential to all markets. In their efforts to stamp out risk, policymakers jeopardize the benefits of financial risk-taking—innovation, enterprise, and economic growth. Yet as banking regulators have gained increasing power in the post-crisis world, their "safety and soundness" viewpoint is gaining steam, favoring stability over dynamism, prudence over informed risk-taking.
This trend puts financial regulation on a collision course with economic policy, as leaders in Japan, Europe, and elsewhere hope to bring the diversity and vigor of stronger capital markets to their economies. In his speech—"Enough Already: Is Post-Crisis Financial Reform Going Too Far?"—ICI President and CEO Paul Schott Stevens will describe the campaign to banish risk and detail the harmful consequences if it succeeds.
Paul is a popular and entertaining speaker, and has been active in financial services policy formulation for most of his career. For the past 12 years he has served as president and CEO of the Investment Company Institute, a leading global advocacy body for the regulated fund industry. He was a former Special Assistant for National Security Affairs during the Reagan administration and was resident in Tokyo as a U.S.-Japan Leadership Fellow in 1980.
Douglas Hymas, David W. Nichols, Co-chairs
Kenji Nishiyama, Frank Packard, David Tse, Dai Tsujita, Vice Chairs
Andrew Conrad, Board Liaison
ACCJ Investment Management Committee
NOTE 1: This event is ON THE RECORD.
NOTE 2: If you cancel after the stated deadline, the full meeting fee will be charged to your account. Sorry, no substitutions or walk-ins.
NOTE 3: If you are driving to Tokyo American Club, please inform the ACCJ in advance as arrangements must be made and a 1,100 yen parking fee will apply.