Other Events


PIFS-Harvard Law School:

Central Bank Perspectives on Central Bank Digital Currencies

May 12, 2021 – Via Videoconference

Central Bank Perspectives on Central Bank Digital Currencies Agenda
Central Bank Perspectives on Central Bank Digital Currencies Participant List

EUROFI/PIFS-Harvard Law School:

The Implications of the U.S. Elections for Financial Services and the Economy- EU and US Perspectives

February 18, 2021 – Via Videoconference

The Implications of the U.S. Elections for Financial Services and Economy Agenda

PIFS-Harvard Law School:

A Retrospective on Financial Regulation

September 29. 2020 – Via Videoconference

On Tuesday, September 29, 2020 the Program on International Financial Systems (PIFS) hosted A Retrospective on Financial Regulation, a virtual roundtable. The event featured a panel discussion with Jay Clayton, Chairman of the U.S. Securities and Exchange Commission, Jelena McWilliams, Chairman of the U.S. Federal Deposit and Insurance Commission, Andrew Olmem, Former NEC Deputy Director, and Randal Quarles, Vice-Chairman for Supervision of the Board of Governors of the Federal Reserve System. The discussion was moderated by Hal S. Scott, President of PIFS. A link to the video replay of the event is available here.

A Retrospective on Financial Regulation Agenda
A Retrospective on Financial Regulation Participant List

PIFS-Harvard Law School:

The COVID-19 Crisis: Impact on the Financial Sector and Government Response

May 27. 2020 – Via Videoconference

On Wednesday, May 27, 2020, the Program on International Financial Systems (PIFS) hosted The COVID-19 Crisis: Impact on the Financial Sector and Government Response, a virtual discussion between James Gorman, Chairman and Chief Executive Officer of Morgan Stanley, and Hal Scott, President of PIFS and Emeritus Professor at Harvard Law School. The hour-long conversation focused on the impact of the COVID-19 crisis on the financial sector and the government’s response to the crisis, and concluded with an audience question-and-answer session. A link to the video replay of the event is available here.

The Debate Over Institutional Investors: Competition and Capital Markets

September 17, 2018
North & Biddle Room, The Harvard Club
35 West 44th Street, New York, NY 10036

On September 17, 2018 PIFS held a socratic panel on the impact of index funds on capital markets whereby Hal Scott led a discussion with high-profile experts.

Participants Included:

  • Cliff Asness, Co-Founder, AQR Capital Management
  • Kenneth Bertsch, Executive Director, Council of Institutional Investors
  • John Coates, John F. Cogan, Jr. Professor of Law and Economics, Harvard Law School
  • Einer Elhauge, Carroll and Milton Petrie Professor of Law, Harvard Law School
  • Kenneth Froot, Andre R. Jakurski Professor of Business Administration, Emeritus at Harvard Business School
  • Douglas Ginsburg, Senior U.S. Circuit Judge, U.S. Court of Appeals for the D.C. Circuit
  • Rick Lacaille, CIO, State Street Global Advisors
  • David Malpass, Under Secretary for International Affairs, U.S. Treasury
  • Bill McNabb, Chairman, Vanguard Group
  • Barbara Novick, Vice Chairman, BlackRock
  • Doug Peterson, CEO, S&P Global
  • Martin Schmalz, Assistant Professor of Finance at the University of Michigan’s Ross School of Business
The Debate Over Institutional Investors Agenda
The Debate Over Institutional Investors Participation List

PIFS-Harvard Law School:

20th Anniversary Japan Gala

October 19, 2017
International House of Japan, Odawara Japan

PIFS celebrated the 20th anniversary of the U.S.-Japan Symposium by hosting a 20th Anniversary Japan Gala in Tokyo, Japan. The event brought together financial leaders, academics, and senior government officials to mark the continued cooperation between American and Japanese financial officials, financiers, and academics, and their ongoing efforts to address bilateral and global financial issues.

The first U.S.-Japan Symposium was held in 1998 to address the then severe problems in the Japanese financial system. The symposium has also served to foster important relationships between the financial leaders of both countries. The U.S.-Japan symposium has involved such recognizable figures in international finance as Haruhiko Kuroda, Governor of Bank of Japan, Wilbur Ross, U.S. Commerce Secretary, and Larry Summers, President Emeritus and Charles W. Eliot University Professor of Harvard University.

20th Anniversary Japan Gala Agenda
20th Anniversary Japan Gala Participation List

PIFS-Harvard Law School:

Commission Unbundling under MiFID II Cross-Border Conflicts and Potential Implications for the United States

September 28, 2017
A Roundtable Discussion at Harvard Law School

Commission Unbundling under MiFID II Agenda

PIFS-Harvard Law School:

30th Anniversary Global Symposium

October 5, 2016
The Charles Hotel – One Bennett Street, Cambridge, MA 02138

The Program on International Financial Systems (PIFS) at Harvard Law School celebrated its 30th anniversary by holding a 30th Anniversary Symposium — convening financial leaders, high-ranking government officials, and distinguished academics from around the world to discuss the most pressing issues in international finance.

  • Hiroshi Nakaso, deputy governor, Bank of Japan
  • Jin Fang, deputy secretary general, China Development Research Foundation
  • Wilbur Ross, chairman & CEO, WL Ross & Co.
  • David Wright, chair, EUROFI
  • Barbara Novick, vice chairman, BlackRock
30th Anniversary Global Symposium

PIFS-Harvard Law School:

Retail Payment Systems Conference

February 6, 2015
Harvard Club of New York

  • How do retail payment systems actually create value?
  • What have been the key productive innovations in the retail payment system in the last decade? Are the use of mobile payment and digital money among them?
  • What are the policy grounds for state intervention in the payment systems and do
    such interventions produce unintended, undesirable consequences?
  • What are the risks for global interoperability posed by a lack of coordinated national regulation and state interventions in the operations of retail payment systems?

Panelists, Speakers and Moderators:

  • Yussur Abrar, African Development Bank
  • Francisco Burelli, Innovalue
  • Bob Chakravorti, The Clearing House
  • Massimo Cirasino, International Bank for Reconstruction Development (World Bank)
  • Peter Ehmke, Edgar Dunn
  • Joel Feinberg, Sidley Austin
  • Alan Frankel, Coherent Economics
  • Ben Fung, Bank of Canada
  • Geoffrey Gerdes, Board of Governors of the Federal Reserve System
  • Benjamin Geva, Osgoode Hall Law School, Toronto
  • Tim Jones, Nest UK
  • Ronald Mann, Columbia University School of Law
  • Geoffrey Manne, International Center for Law & Economics
  • Hal S. Scott, Harvard Law School
  • Bjorn Segendorf, Sveriges Riksbank
  • Francisco Tur Hartmann, European Central Bank
  • Ather Williams III, Bank of America Merrill Lynch

The event was sponsored by MasterCard and co-hosted by PIFS.

PIFS-Harvard Law School:

Do Insurance Companies Pose Systemic Risk?

December 11, 2013
Kight Studio at the Newseum – 555 Pennsylvania Ave NW, Washington, DC 20001

The Harvard Law School Program on International Financial Systems (PIFS), with the financial support of MetLife (and other sponsors selected by MetLife), organized a panel of the leading experts, from the public and private sector, to engage in a two hour Socratic Panel Discussion on “whether life insurance is systemic and how should it be regulated”. The discussion included an examination of the Dodd-Frank SIFI requirements as well as the international approach to the determination of non-bank SIFIs. The regulation discussion examined how, if at all, regulation of insurance companies should change in the U.S. for those companies designated as SIFIs. The Panel Discussion was followed by a question and answer period.

Professor Hal S. Scott, Nomura Professor and Director of the Program on International Financial Systems, served as a moderator of the panel discussion. Professor Scott is also the Director of the Committee on Capital Markets Regulation.

Socratic Panels consist of questions and answers to panelists from the moderator focused around particular hypothetical situations (based on practical ones). A great deal of preparation is required so that the discussion of the panelists is organized into relevant subtopics and orchestrated to bring out the views of the panelists. The moderator completes one hour interviews with each panelist before the event to prepare for the event. Panelists are not asked questions they are not prepared for.

The event was made possible through the sponsorship of MetLife and the American Council of Life Insurers

Do Insurance Companies Pose Systemic Risk? Agenda and Panelists

Other Special Events


Forest Carbon Finance Summit (2010) 

Forest Carbon Finance Summit (2009)

Capital Market Competitiveness: Burnishing Tokyo’s Image in the Face of Global, Asian Challengers (2009)

Enforcement in the U.S. & Japan, with Lessons from the U.K. (2008)

The Current State of Corporate Governance in the Global Marketplace (2005)

Regulation of U.S. Capital Markets (2005)

Global Adoption of International Accounting Standards (2003)