An Agenda for Japan and the United States

2012 Symposium on Building the Financial System of the Twenty-First Century:
An Agenda for Japan and the United States

October 26-28, 2012• Karuizawa, Japan 

Topics

• Key Challenges for Post-Crisis Adjustment of the Financial System Including Banking, Insurance, and Securities Firms
• Restoration of Fiscal Sustainability
• Impact of the Euro-Crisis on International Finance

Keynote Speakers

• Takehiko Nakao, Vice Minister of Finance for International Affairs, MOF
• Yasuhiro Sato, Chief Executive Officer, Mizuho Financial Group, Japan
• Jeff Hayman, Chief Executive Officer, Global Consumer Insurance, Chartis

Concept Papers

• OVERVIEW OF THE JAPANESE LEGAL FRAMEWORK TO RESOLVE A
  SYSTEMICALLY IMPORTANT FINANCIAL INSTITUTION
  IN INSOLVENCY PROCEEDINGS IN JAPAN - Hideyuki Sakai, Bingham
• Micro-Prudential Measures for Systemic Stability - Tomoyoshi Uranishi, Tokyo Stock Exchange Group, Inc.
• The flaws in the Fed's new macro stress test proposals - Tsuyoshi Oyama, Deloitte Touche Tohmatsu Japan
• Micro- Prudential Measures for Systemic Stability of Property & Casualty
  Insurance Companies – Masashi Oba, Tokio Marine & Nichido Fire Insurance Co., Ltd.
• Japan’s Sputtering Economic Recovery Amid Heightened Political Turmoil – Hugh Patrick, Columbia University
• DEFYING GRAVITY: HOW LONG WILL JAPANESE GOVERNMENT BOND PRICES REMAIN HIGH? – Takatoshi Ito, University of Tokyo
• Why Post-Crisis Financial Regulatory Reforms Will Not Produce Financial Stability - Kevin Mellyn, MasterCard
• Public Debt Overhang and the Financial Sector: 3 Topics a Bank CFO is Asked - Tetsuya Kubo, SMBC
• Problems with the banking system central to the European crisis - Akinari Horii, The Canon Institute for Global Studies
• The Global (Not Euro-Zone) Crisis - Hal Scott, PIFS, Harvard Law School
• When the Euro Falls Apart- A Sequel- Hal Scott Scott, PIFS, Harvard Law School
• Better Risk-Appetite Frameworks and More Risk Disclosure can Improve the Global Financial Systems Stability and Resilience - Jeff Bohn, PwC

Final Report

Briefing Points and Bibliography

• Japan-U.S. Symposium Briefing Points
• Japan-U.S. Symposium Bibliography

Final Presentations 

•  Final Presentation
• Mr. Yasuhiro Sato Presentation
• Mr. Akihiro Kagawa Presentation
• Professor Ito Presentation
•  Mr. Charles Lake Presentation

Thank you to our all sponsors!