Financial Stability Conference 2026

The MNB is organising the third instalment of its conference series titled „Financial Stability Conference: Prudently Catalysing Competitiveness”. The event will take place on 24-25 September 2026 in Budapest, Hungary.

The conference will address topics related to the role of the financial sector and its regulators in supporting both competitiveness and the mitigation of newly emerging systemic risks, the potential turn of the regulatory cycle, the impact of digitalization on these processes, the current geopolitical risk landscape and the most effective approaches to its modelling. In addition, the event will devote attention to the newest developments of long-standing risks originating from real estate market financing, which remain substantial, particularly in Europe.

You can register for the event here. Registration is open until 4 September 2026.

Preliminary Agenda with confirmed speakers

24 September 2026

Time (CET)	Session
9:00 – 9:30	Welcome address Mihály Varga, Governor of the MNB Manuel Ramos-Francia, Director General of CEMLA
9:30- 10:15	International Keynote speech Claudio Borio (Central Banking)
10:15- 11:15	Smarter Prudential Regulation: Catalysing Growth and Competitiveness Through Simplicity Presenter: Helmut Ettl (FMA)
11:15 – 11:45	Coffee break
11:45 – 13:00	Balancing Stability and Competitiveness in Financial Regulation Keynote speaker: Nicolas Véron (Bruegel, Peterson Institute for International Economics) Moderator: Zoltán Kurali (MNB) Panellists: Lars Overby (EBA), Livio Stracca (ECB)
13:00 – 14:00	Lunch
14:00 – 15:15	The Financial Stability Implications of CBDC Presenters and panellists: Karina Kubelková (CNB), Gerardo Hernan-dez del Valle (CEMLA)
15:15 – 15:45	Coffee break
15:45 – 17:00	AI as a Double-Edged Sword for Financial Stability Keynote speaker and chair of discussion: Leonardo Gambacorta (BIS) Presenter: Mattias Levin (European Commission), Davide Stroppa (EBA)
18:00 - 22:00	Informal event

25 September 2026

Time (CET)	Session
9:00 – 9:30	MNB keynote speech Előd Takáts, Deputy Head of Secretariat at Committee on the Global Fi-nancial System BIS
9:30 – 10:45	Fragmented World, Integrated Markets: Managing Systemic Geopolitical Risk Keynote speaker & moderator: Manuel Ramos-Francia (CEMLA) Panellists: Martin Hodula (Czech National Bank), Fatima Silva (Banco de Portugal), Előd Takáts (BIS),
10:45 – 11:15	Coffee Break
11:15 – 12:30	From Risk Indices to Policy Calibration: Analytical Approaches to Geopolitical Uncertainty Presenters: Matei Kubinschi (National Bank of Romania), Norbert Metiu (Deutsche Bundesbank), Katalin Varga (MNB)
12:30 – 13:30	Lunch
13:30 – 14:45	The Trade-off Between Prudent Lending and Housing Affordability Moderator: Ádám Banai (MNB) Panellists: Nina Biljanovska (IMF), Fergal McCann (Central Bank of Ireland), Martin Reiner (National Bank of Slovakia), Jagdish Tripathy (Bank of England)
14:45 – 15:00	Coffee break
15:00 – 16:15	Measuring Real Estate Market Risks Presenter: Adrian Carro (Banco de Espana), Federica Ciocchetta (National bank of Italy), Peter Henning Karlström (CEMLA)