IDLS – Grappling with Systemic Risk

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Date(s) - 10/02/10
12:00am - 2:00pm


Level 17, 501 Bourke Street

About the Speaker
As General Manager of the BIS, Jaime Caruana is the chief executive in the BIS structure.

Having previously served as Basel Committee Chairman, a member of the Financial Stability Forum and a national central bank governor, Mr Caruana is uniquely placed to shape policy and lead debate on regulation of banks, insurance companies and other financial intermediaries.
Prior to joining the Bank of Spain, of which he was Governor from 2000-6, Mr Caruana served as Director General of the Spanish Treasury and headed an investment services company and a fund management company for nearly 10 years.

The Bank for International Settlements (BIS) serves as a bank for central banks. The BIS fulfils this mandate by acting as:

  • a forum to promote discussion and policy analysis among central banks and within the international financial community
  • a centre for economic and monetary research
  • a prime counterparty for central banks in their financial transactions
  • agent or trustee in connection with international financial operations

Established on 17 May 1930, the BIS is the world’s oldest international financial organisation. It hosts inter alia the Basel Committee, the Committee on Payments and Settlement Systems, the Financial Stability Board and the International Association of Deposit Insurers.

Mr Caruana is in Australia as guest of the Reserve Bank of Australia.

Sponsored by: KPMG and RBA

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