New Financial Architecture

The Forum has looked at the driving forces shaping the global financial system and how these forces might affect governance and industry structure. Two reports on this subject have been published.

The first report The Future of the Global Financial System: A Near-Term Outlook and Long-Term Scenarios1, published in January 2009 explored: How the financial crisis, and the changes it has precipitated in financial regulation and supervision, might affect the near-term structure of wholesale financial markets and how these changes would likely impact players in the banking, insurance, and the alternative investments industries. Four long-term scenarios for the future of the global financial system up to 2020 were created.

Building on the first report, the 2010 publication dove deeper into select near-term challenges with the goal of exploring collaborative strategies for improvement. In particular, this report aims to assist those shaping the future financial architecture through a structured look at three questions that were identified as crucially important going forward:

1. Given the significant developments since the first publication in January of 2009, what will be the key forces driving the post crisis evolution of the financial services landscape in the coming years?

2. Having deployed a broad and deep set of tools to combat the crisis, how can governments now best meet the challenges of managing and resolving their newly acquired equity interests in financial institutions?

3. How can financial institutions begin to restore trust lost through the crisis?