It is quite evident that the 2007-2010 financial crisis will have substantial lasting consequences for banking and financial market supervision and regulation as well as for the future evolution of banks and the financial industry at large. Since the inception of the crisis, a lot of analysis has been conducted on the causes of the crisis and on appropriate remedies; supervisors and regulators have worked hard to fundamentally revamp international regulatory and supervisory frameworks; and banks have embarked on restructuring and repositioning strategies to respond to the changed financial and economic landscape after the crisis. With work being in full progress in these three areas, SUERF found it useful to provide an overview of the current state of play at a conference. Having the Central Bank of Ireland as a partner organisation for the project proved to be particularly valuable, given this institution's fresh and first-hand experience in crisis management. The conference was structured into four parts: The opening and keynote session aimed to provide an overview of the issues in question. Session 1 took the authorities' view in addressing post crisis regulation and intervention strategies. Session 2 adopted a financial practitioner's angle by discussing new business modeis in the post-crisis financial system. Session 3 provided some thought-provoking ideas on sovereign states' and financial institutions' safety nets and offered insights from the Spanish experience with dynamic provisioning.
