The Changing Pattern of Financial Intermediation: Implications for Monetary Policy and Financial Stability

Provide participants with a forum in which to discuss the issues raised by new trends in financial intermediation, in particular the growing role of market-based financing, and its interaction with monetary policy. The sessions will be chaired by a BIS official and follow a round table format in which two or three participants (invited by the chairperson) briefly introduce specific topics in the agenda.