Fifteen CEOs, chairmen and senior executives of large financial institutions in Europe and North America have endorsed a “Statement in support of macro-prudential policies” designed to reduce systemic risk. The statement was developed and published by the World Economic Forum as part of the Role of Financial Services in Society initiative, and discussed in detail with financial leaders in the private and public sectors during the World Economic Forum Annual Meeting 2015 in Davos-Klosters.
The statement aims to contribute to the ongoing dialogue between policy-makers, industry participants, academics and society at large on how to strike the right balance between financial stability and economic growth.
This report was prepared in collaboration with Oliver Wyman.
Source: World Economic Forum