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
Final Presentations
Thank you to our all sponsors!
Access resources from prior Japan-U.S. Symposia »
To request an invitation to the upcoming Japan-U.S. Symposium, please email Whitney Vasey at wvasey@law.harvard.edu.

"PIFS brings together important academic, government, and business leaders to discuss key policy issues in an informal and yet well-structured setting. Moreover, deep and lasting relationships among policy makers and practitioners have been built over the years through the interactions that are made possible by this unique approach. In the case of the Japan-U.S. Symposium, U.S. and Japanese bankers, politicians, and regulators have developed a strong understanding of both the problems and opportunities in our respective financial policy."
Thierry Porté, Operating Partner, J.C. Flowers & Co.
Last modified: November 15, 2012