Program 

  • October 23, 2025

    DAY 1: Thursday 23rd of October 2025

    Location : Recinte Modernista de Sant Pau

    9:30 – 10:00 Registration and coffee
    10:00 – 10:15 Opening Remarks (by conference co-chairs)

    Prof. Rym Ayadi, Founder and President of EMEA

    Prof. Barbara Casu, Bayes Business School, City St George’s, University of London

    Cinzia Alcidi, Senior Research Fellow and Head of the Economic Policy and Jobs & Skills Units at CEPS (online)
    10:15 – 11:00 Keynote speech: Kathleen Tyson, Founder and Chief Executive, Pacemaker.Global

    The Future of Global Financial Architecture
    11:00 – 12:30 Academic session 1: Financial Stability and Real Economy

    Chair: Sami Ben Naceur, Director, IMF-Middle East Centre for Economics and Finance (CEF)

    • Paper 1.1: Heterogeneous macroprudential policies and corporate financing decisions
      Author: Yassine Bakkar
      Discussant: Cédric Huylebroek
    • Paper 1.2: Disentangling the Real Impact of a Credit Market Disruption
      Author: Cédric Huylebroek
      Discussant: Francesc Rodriguez Tous
    • Paper 1.3: Monetary policy and long-term real rates: Revisiting the evidence
      Author: Francesc Rodriguez Tous
      Discussant: Yeganeh Forouheshfar
    12:30 – 14:00 Lunch Break
    14:00 – 15:30 Academic session 2: Financial Stability & Market-Based Finance

    Chair: Yeganeh Forouheshfar, Senior researcher, EMEA

    • Paper 2.1: Certification vs. conflicts of interests in banking: the case of ABS
      Author: Angela Gallo
      Discussant: Eduardo Maqui*
    • Paper 2.2: Market-based finance is no island: Volatility spillovers across non-banks, markets and borders
      Author: Eduardo Maqui
      Discussant: Farah Mugrabi
    • Paper 2.3: Systemic Implications of Financial Inclusion
      Author: Farah Mugrabi
      Discussant: Angela Gallo*
    15:30 – 16:00 Coffee Break
    16:00 – 17:30 Academic session 3: Debt

    Chair: Yara Saab, Director, EMEA

    • Paper 3.1: The Chicago Plan Revisited – Debt-Free Money, Growth, And Stability
      Author: Michael Kumhof
      Discussant: Gonçalo Pina*
    • Paper 3.2: The State-Contingent Debt Premium: Evidence from French Public Bonds
      Author: Gonçalo Pina
      Discussant: Yassine Bakkar*
    • Paper 3.3: Bitcoin’s Transactional Value and Energy Prices
      Author: Yrjö Koskinen, Mohammadhossein Lashkaripour (ONLINE)
      Discussant: Ivan Russo
    20:00 – 22:30 Social Dinner

  • October 24th, 2025

    DAY 2: Friday 24th of October 2025

    9:30 – 11:30 Academic session 4: Geopolitics and Financial Stability

    Chair: Prof. Barbara Casu, Bayes Business School

    • Paper 4.1: Geopolitical Fragmentation and De-dollarization: Quantifying Systemic Financial Instability through Multi-Asset Reallocation and Contagion
      Author: Beatrice Mbinya
      Discussant: Elise S. Brezis*
    • Paper 4.2: Geopolitics and Financial Contagion: Are Crises Becoming More Global?
      Author: Elise S. Brezis
      Discussant: Karim Iddouch 
    • Paper 4.3: Geopolitical Risk, Global Banking, and the Role of Institutions
      Authors: Karim Iddouch, Sara Loukili, Banque Al Maghreb
      Discussant: Beatrice Mbinya*
    • Paper 4.4: Climate Change Risk-Related Engagement and Credit Risk in the South African Banking System
      Author: Ivan Russo
      Discussant: Tiago Zibecchi
    11:30 – 11:45 Coffee Break
    11:45 – 12:30 Keynote speech: Prof. Ulrich Bindseil, TU Berlin and former Director General Market Infrastructure and Payments at the European Central Bank (ECB)

    Monetary sovereignty – responding to the new challenges
    12:30 – 14:00 Lunch Break
    14:00 – 15:30 Policy Session: Rethinking Global Finance

    Moderator: Prof. Rym Ayadi, President, EMEA

    Introduction: Karel Lannoo, Chief Executive Officer at CEPS

    Panelists:

    • Kathleen Tyson
    • Prof. Ulrich Bindseil
    • Martin Kessler
    • Katie Gallogly Swan (Online)
    15:30 – 15:45 Final Conclusions and closing & Family photo

    Prof. Basma Majerbi, Gustavson School of Business, University of Victoria (Online)

    * To be confirmed

Back to top of page