Author(s): Chris Sigur
In September 2011, the Federal Reserve Bank of San Francisco hosted the sixth event in its symposium series on banking and financial developments in Asia, entitled Asian Financial Institutions: Risk Management in a Global Environment. Symposium participants considered the current financial crisis with a focus on understanding the policy, regulatory, and industry responses undertaken to mitigate the effects of the crisis and prevent similar events in the future. In addition, panelists considered the efforts undertaken by Asian financial institutions to structure internal systems of governance to better manage risk. This Asia Focus report is a summary of the discussions that took place over the two day symposium.
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