# Ep. 178: Virtual Executive Panel: Preparing for the Unthinkable: Financial Stability in an Era of Extreme Risk

An episode of [Toronto Centre Podcasts](https://invisiblenetwork.ai/podcast/1477654945), 27 Mar 2026, 1 h 02 min.

Audio: https://audio.cohostcdn.com/show/321bdfb2-63b2-4f50-b7cb-14cc0d07ce51/episode/5d3e699e-949b-4755-b80c-0d4fd0b0c603/episode_7dd1f8f5ef5ea099229975f0322e25d7.mp3

This discussion focused on preparing for low-probability but high-impact shocks to the financial sector. The panel explored how geopolitical developments, financial fragmentation, and evolving systemic risks may challenge existing supervisory frameworks. It highlighted the resilience of financial systems and the role of regulatory and institutional frameworks in strengthening preparedness for extreme events. Panelists: Andrea Enria, Senior Advisor, Bank of England; former Chair, Supervisory Board, European Central Bank Nicolas Véron, Senior Fellow, Peterson Institute for International Economics; Senior Fellow, Bruegel Moderator: Babak Abbaszadeh, President and CEO, Toronto Centre Watch the virtual executive panel here. Read the transcript here. Read their biographies here. Écoutez le podcast en français ici. Escuche el podcast en español aqui.

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