AFF 2024: Nobel Laureate Prof Douglas Diamond Outlines Strategies for Preserving Financial Stability

One of the inspiring discussions at the Asian Financial Forum 2024 was led by Nobel Laureate Professor Douglas W. Diamond, who delivered an insightful discourse on preserving financial stability. He highlighted the necessity of robust bank capitalisation and swift implementation of deposit insurance to avert potential crisis.

Professor Diamond also emphasised the importance of a sound regulatory regime, diligent supervision, and a skilled workforce for economies to maintain their competitive edges. Explore more of his perspectives in this engaging video.