{"id":91,"date":"2024-04-29T22:08:39","date_gmt":"2024-04-29T21:08:39","guid":{"rendered":"https:\/\/iwfsas.org\/iwfsas2025\/?page_id=91"},"modified":"2025-10-21T08:57:47","modified_gmt":"2025-10-21T07:57:47","slug":"program-and-venue","status":"publish","type":"page","link":"https:\/\/iwfsas.org\/iwfsas2025\/program-and-venue\/","title":{"rendered":"Venue"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column width=&#8221;3\/4&#8243;][vc_column_text css=&#8221;.vc_custom_1761032868615{margin-right: 10% !important;}&#8221;]<\/p>\n<h2>Program<strong>\u00a0<\/strong><\/h2>\n<p>[\/vc_column_text]<div id=\"tab-69e4b2ebbd279\" class=\" tabs-content tabs-style-1 \"><ul class=\"tabs\"><li><div class=\"tab-title\"><span>October 23, 2025<\/span><\/div><div class=\"tab-content\"><\/p>\n<h3>DAY 1: Thursday 23rd of October 2025<\/h3>\n<p><em>Location : Recinte Modernista de Sant Pau<\/em><\/p>\n<p>&nbsp;<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\">\n<colgroup>\n<col style=\"width: 25%;\" \/>\n<col style=\"width: 75%;\" \/> <\/colgroup>\n<tbody>\n<tr>\n<td>9:30 \u2013 10:00<\/td>\n<td><strong>Registration and coffee<\/strong><\/td>\n<\/tr>\n<tr>\n<td>10:00 \u2013 10:15<\/td>\n<td>\n<p><strong><u>Opening Remarks (by conference co-chairs)<\/u><\/strong><\/p>\n<p>Prof. <u>Rym Ayadi<\/u>, <em>Founder and<\/em> <em>President of EMEA<br \/>\n<\/em>Prof. Barbara Casu, <em>Bayes Business School, City St George\u2019s, University of London<br \/>\n<\/em>Cinzia Alcidi<em>, Senior Research Fellow and Head of the Economic Policy and Jobs &amp; Skills Units at CEPS (online)<\/em><\/td>\n<\/tr>\n<tr>\n<td>10:15 \u2013 11:00<\/td>\n<td>\n<p><strong><u>Keynote speech: Kathleen Tyson, <\/u><\/strong><em>Founder and Chief Executive, Pacemaker.Global<\/em><\/p>\n<p>The Future of Global Financial Architecture<\/td>\n<\/tr>\n<tr>\n<td>11:00 \u2013 12:30<\/td>\n<td><strong><u>Academic session 1: Financial Stability and Real Economy<br \/>\n<\/u><\/strong><strong>Chair: <\/strong>Sami Ben Naceur, <em>Director, IMF- Middle East Centre for <\/em><em>Economics and Finance (CEF)<\/em><strong>\u00a0\u00a0<\/strong><br \/>\n&nbsp;&nbsp;<br \/>\n<strong>Paper 1.1:<\/strong> <em>Disentangling the Real Impact of a Credit Market Disruption<\/em><br \/>\n<strong>Author:<\/strong> C\u00e9dric Huylebroek, KU Leuven &amp; Norges Bank<br \/>\n<strong>Discussant:<\/strong> Francesc Rodriguez Tous<br \/>\n&nbsp;&nbsp;<br \/>\n<strong>Paper 1.2:<\/strong> <em>Monetary policy and long-term real rates: Revisiting the evidence<\/em><br \/>\n<strong>Author:<\/strong> Francesc Rodriguez Tous, Bayes Business School<br \/>\n<strong>Discussant:<\/strong> Yeganeh Forouheshfar<br \/>\n&nbsp;&nbsp;<br \/>\n<strong>Paper 1.3:<\/strong> <em>Heterogeneous macroprudential policies and corporate financing decisions<\/em><br \/>\n<strong>Author:<\/strong> Yassine Bakkar, Queen\u2019s University Belfast<br \/>\n<strong>Discussant:<\/strong> C\u00e9dric Huylebroek<\/td>\n<\/tr>\n<tr>\n<td>12:30 \u2013 14:00<\/td>\n<td><strong>Lunch Break<\/strong><\/td>\n<\/tr>\n<tr>\n<td>14:00 \u2013 15:30<\/td>\n<td><strong><u>Academic session 2: Financial Stability &amp; Market-Based Finance<br \/>\n<\/u><\/strong><strong>Chair: <\/strong>Yeganeh Forouheshfar, <em>Senior researcher, EMEA<\/em><strong>\u00a0\u00a0<\/strong><br \/>\n&nbsp;&nbsp;<br \/>\n<strong>Paper 2.1:<\/strong> <em>Certification vs. conflicts of interests in banking: the case of ABS<\/em><br \/>\n<strong>Author:<\/strong> Angela Gallo, Bayes Business School<br \/>\n<strong>Discussant:<\/strong> Eduardo Maqui<br \/>\n&nbsp;&nbsp;<br \/>\n<strong>Paper 2.2:<\/strong> <em>Market-based finance is no island: Volatility spillovers across non-banks, markets and borders<\/em><br \/>\n<strong>Author:<\/strong> Eduardo Maqui, Bank of England<br \/>\n<strong>Discussant:<\/strong> Farah Mugrabi<strong>\u00a0\u00a0<\/strong><br \/>\n&nbsp;&nbsp;<br \/>\n<strong>Paper 2.3:<\/strong> <em>Systemic Implications of Financial Inclusion<\/em><br \/>\n<strong>Author:<\/strong> Farah Mugrabi, Universit\u00e9 Catholique de Louvain and Central Bank of Ireland<br \/>\n<strong>Discussant:<\/strong> Angela Gallo<\/td>\n<\/tr>\n<tr>\n<td>15:30 \u2013 16:00<\/td>\n<td><strong>Coffee Break<\/strong><\/td>\n<\/tr>\n<tr>\n<td>16:00 \u2013 17:30<\/td>\n<td><strong><u>Academic session 3: Debt<br \/>\n<\/u><\/strong><strong>Chair: <\/strong>Yara Saab, <em>Director, EMEA<\/em><strong>\u00a0\u00a0<\/strong><br \/>\n&nbsp;&nbsp;<br \/>\n<strong>Paper 3.1:<\/strong> <em>The Chicago Plan Revisited &#8211; Debt-Free Money, Growth, And Stability<\/em><br \/>\n<strong>Author:<\/strong> Michael Kumhof, Bank of England<br \/>\n<strong>Discussant:<\/strong> Gon\u00e7alo Pina<br \/>\n&nbsp;&nbsp;<br \/>\n<strong>Paper 3.2:<\/strong> <em>The State-Contingent Debt Premium: Evidence from French Public Bonds<\/em><br \/>\n<strong>Author:<\/strong> Gon\u00e7alo Pina, ESCP Business School<br \/>\n<strong>Discussant:<\/strong> Yassine Bakkar<br \/>\n&nbsp;&nbsp;<br \/>\n<strong>Paper 3.3:<\/strong> <em>Bitcoin\u2019s Transactional Value and Energy Prices<\/em><br \/>\n<strong>Author:<\/strong> Yrj\u00f6 Koskinen, Haskayne School of Business, University of Calgary and Mohammadhossein Lashkaripour, University of Calgary (Online)<br \/>\n<strong>Discussant:<\/strong> Ivan Russo<\/td>\n<\/tr>\n<tr>\n<td>20:00 \u2013 22:30<\/td>\n<td>Social Dinner at <a href=\"https:\/\/maps.app.goo.gl\/tKY9ui4z8pB4W4UT9\">Friotast Restaurant<\/a>.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/div><\/li><li><div class=\"tab-title\"><span>October 24th, 2025<\/span><\/div><div class=\"tab-content\"><\/p>\n<h3>DAY 2: Friday 24th of October 2025<\/h3>\n<table style=\"width: 100%; border-collapse: collapse;\">\n<colgroup>\n<col style=\"width: 25%;\" \/>\n<col style=\"width: 75%;\" \/> <\/colgroup>\n<tbody>\n<tr>\n<td>9:30 \u2013 11:30<\/td>\n<td><strong><u>Academic session 4: Geopolitics and Financial Stability<br \/>\n<\/u><\/strong><strong>Chair: <\/strong>Prof. Barbara Casu,<em> Bayes Business School<\/em><br \/>\n&nbsp;&nbsp;<br \/>\n<strong>Paper 4.1:<\/strong> <em>Geopolitical Fragmentation and De-dollarization: Quantifying Systemic Financial Instability through Multi-Asset Reallocation and Contagion<\/em><br \/>\n<strong>Author:<\/strong> Beatrice Mbinya, University of Nairobi &amp; African Organization on Debt and Development<strong><br \/>\nDiscussant:<\/strong> Elise S. Brezis<strong>\u00a0\u00a0<\/strong><br \/>\n&nbsp;&nbsp;<br \/>\n<strong>Paper 4.2:<\/strong> <em>Geopolitics and Financial Contagion: Are Crises Becoming More Global?<\/em><br \/>\n<strong>Author:<\/strong> Elise S. Brezis, Bar-Ilan University<br \/>\n<strong>Discussant:<\/strong> Karim Iddouch<strong>\u00a0\u00a0<\/strong><br \/>\n&nbsp;&nbsp;<br \/>\n<strong>Paper 4.3:<\/strong> <em>Geopolitical Risk, Global Banking, and the Role of Financial Architecture, Institutions and Regional Integration<\/em><br \/>\n<strong>Authors:<\/strong> Karim Iddouch, International University of Casablanca &amp; Sara Loukili, Banque Al Maghreb<br \/>\n<strong>Discussant:<\/strong> Beatrice Mbinya<br \/>\n&nbsp;&nbsp;<br \/>\n<strong>Paper 4.4:<\/strong> <em>Climate Change Risk-Related Engagement and Credit Risk in the South African Banking System<\/em><br \/>\n<strong>Author:<\/strong> Ivan Russo, University of Milano-Bicocca<br \/>\n<strong>Discussant:<\/strong> Ivan Hajdukovic (online)<\/td>\n<\/tr>\n<tr>\n<td>11:30 \u2013 11:45<\/td>\n<td><strong>Coffee Break<\/strong><\/td>\n<\/tr>\n<tr>\n<td>11:45 \u2013 12:30<\/td>\n<td>\n<p><strong><u>Keynote speech: Prof. Ulrich Bindseil, <\/u><\/strong><em>TU Berlin and former Director General Market Infrastructure and Payments at the European Central Bank (ECB)<\/em><\/p>\n<p>Monetary sovereignty &#8211; responding to the new challenges<\/td>\n<\/tr>\n<tr>\n<td>12:30 \u2013 14:00<\/td>\n<td><strong>Lunch Break<\/strong><\/td>\n<\/tr>\n<tr>\n<td>14:00 \u2013 15:30<\/td>\n<td>\n<p><strong><u>Policy Session: <\/u><\/strong><strong>Rethinking Global Finance<\/strong><\/p>\n<p><strong>Moderator: <\/strong>Prof. Rym Ayadi, President, EMEA\u00a0<strong><br \/>\nIntroduction:<\/strong> Karel Lannoo<em>, Chief Executive Officer at CEPS<br \/>\n<\/em><strong>Panelists:<\/strong><\/p>\n<ul>\n<li><strong>Kathleen Tyson,<\/strong> Founder and Chief Executive, Pacemaker.Global<\/li>\n<li><strong> Ulrich Bindseil<\/strong>, TU Berlin and former Director General Market Infrastructure and Payments at the European Central Bank (ECB)<\/li>\n<li><strong>Martin Kessler<\/strong>, Director, Finance for Development Lab, Paris<\/li>\n<li><strong>Katie Gallogly Swan<\/strong>, UNCTAD (Online)<\/li>\n<li><strong> Martin R. Stuchtey<\/strong>, Founder of The Landbanking Group<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td>15:30 \u2013 15:45<\/td>\n<td>Final Conclusions and closing &amp; Family photo<br \/>\nProf. Basma Majerbi, <em>Gustavson School of Business, University of Victoria (Online)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/div><\/li><\/ul><\/div>[\/vc_column][vc_column width=&#8221;1\/4&#8243; css=&#8221;.vc_custom_1725051661104{padding-top: 50px !important;padding-bottom: 50px !important;background-color: #f7f7f7 !important;}&#8221;][vc_widget_sidebar sidebar_id=&#8221;page&#8221;][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column width=&#8221;3\/4&#8243;][vc_column_text css=&#8221;.vc_custom_1761032868615{margin-right: 10% !important;}&#8221;] Program\u00a0 [\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/4&#8243; css=&#8221;.vc_custom_1725051661104{padding-top: 50px !important;padding-bottom: 50px !important;background-color: #f7f7f7 !important;}&#8221;][vc_widget_sidebar sidebar_id=&#8221;page&#8221;][\/vc_column][\/vc_row]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-91","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/iwfsas.org\/iwfsas2025\/wp-json\/wp\/v2\/pages\/91","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iwfsas.org\/iwfsas2025\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/iwfsas.org\/iwfsas2025\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/iwfsas.org\/iwfsas2025\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/iwfsas.org\/iwfsas2025\/wp-json\/wp\/v2\/comments?post=91"}],"version-history":[{"count":98,"href":"https:\/\/iwfsas.org\/iwfsas2025\/wp-json\/wp\/v2\/pages\/91\/revisions"}],"predecessor-version":[{"id":486,"href":"https:\/\/iwfsas.org\/iwfsas2025\/wp-json\/wp\/v2\/pages\/91\/revisions\/486"}],"wp:attachment":[{"href":"https:\/\/iwfsas.org\/iwfsas2025\/wp-json\/wp\/v2\/media?parent=91"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}