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Resilient, well-regulated financial systems are essential for macroeconomic and financial stability in a world of increased capital flows. The Financial Sector Assessment Program (FSAP), a joint IMF and World Bank effort, aims to promote the soundness of financial systems around the world. Supported by experts from a range of national agencies and standard-setting bodies, these assessments seek to identify the strengths and vulnerabilities of a country's financial system; determine how key sources of risk are being managed; ascertain the sector's developmental needs; and help develop policy responses and prioritize technical assistance needs. The following panelists will explore how effective such efforts have been and how they can be further enhanced:

Graham Hacche (Moderator)
Deputy Director
External Relations Department
IMF

Stefan Ingves
Director
Monetary & Financial Systems Department
IMF

Larry Promisel
Director
Financial Sector Global Partnerhips
The World Bank

George Kaufman
Professor Of Finance
Loyola University (Chicago)

Roberto Zahler
President
Zahler & Company