Richard Reid, Director of Research at ICFR welcomed the speakers and participants at the conference held in Friends House, Euston Road, London and expressed his enthusiasm for the ICFR and SUERF partnership in organising this important conference on the key issue of fi nancial stability. Explaining the reason for the conference he suggested that the regulatory response to a crisis may have the effect of setting the parameters for the next. It is starting from this insight that this conference, organised jointly by the ICFR and SUERF on “Future Risks and Fragilities for Financial Stability”, explored what the next pressure points for fi nancial stability might be, how these may arise from the response to the last fi nancial crisis, and how the industry and the regulators can prepare for them.
