This workshop coincided with Professor Edward J. Kane's time as the Professorial Fellow in Monetary and Financial Economics at the Reserve Bank New Zealand and Victoria University of Wellington, from January to March 2005. Professor Kane holds the James F. Cleary Chair in Finance at Boston College. He publishes extensively in the area of financial stability, in particular, financial institution and services regulation, deposit insurance, banking crises, taxation of the financial sector, the politics of policymaking and financial markets. Professor Kane also has considerable experience working with business and government.
The workshop aimed to advance the thinking on the fair and efficient prevention and management of crises involving systemically important banks. The programme covered several aspects of banking crisis management, including contingency planning, alternative approaches and techniques for dealing with a crisis, cross-border jurisdictional issues, and the role of regulatory cultures. It consisted of a combination of papers and presentations, discussant comments and academic open discussion. Workshop participants come from a variety of backgrounds and institutions within New Zealand and overseas: members of academia, of the banking and financial services industries, and of policy institutions.