Next fall, Vancouver will be hosting a biennial conference of the world’s central bankers, bank regulators and financial institutions.
The Basel Committee on Banking Supervision announced today, Oct. 31, that the next International Conference of Banking Supervisors (ICBS) will be held in Vancouver on October 21-22, 2020.
The conference, which has been held every two years since 1979, will focus on global regulatory issues and cooperative oversight of the global banking industry. Senior central bankers and supervisors from more than 100 countries are expected to attend, alongside industry representatives from international financial institutions.
“As a founding member of the committee, Canada has played a pivotal role in the work of the committee since its inception,” said Pablo Hernández de Cos, chairman of the Basel Committee and governor of the Bank of Spain, in a release. “Hosting the ICBS demonstrates its ongoing commitment to enhancing global financial stability through the Basel Committee.”
The release says that the event opens the floor for “broad-based discussion on issues that are timely and relevant to supervisors in advanced and emerging market economies alike.”