Bank Resolution: Speech by Sir Dave Ramsden, Deputy Governor Bank of England

Brought to you by the ICAEW Financial Services Faculty, Dave Ramsden will make his first speech on bank resolution since taking over responsibility for this area just over one year ago, followed by a Q&A

Resolution is a major part of the post-financial crisis regulatory architecture and comes at a key time in the regime’s progression to maturity. Deputy Governor Sir Dave Ramsden will look to share some of his reflections on the development of the domestic UK framework and the Bank’s role in international policy-making and co-ordination.

He will also discuss the implementation of the Resolvability Assessment Framework. This is the last major piece of the UK’s bank resolution regime which introduces fundamental changes in the way banks approach their preparations for the range of unpredictable and challenging issues a resolution involves.

Speaker: Sir Dave Ramsden

Dave Ramsden joined the Bank of England to become Deputy Governor for Markets and Banking on 4 September 2017. He is responsible for oversight of Markets, Banking Payments and Innovation, and Resolution directorates. Dave is a member of the Monetary Policy Committee, the Financial Policy Committee and the Prudential Regulation Committee. He is also the Chair of the RTGS/CHAPS Board.

Before joining the Bank, Dave was Chief Economic Adviser to the Treasury and Head of the Government Economic Service from 2007 – 2017. He was responsible for advising on UK macroeconomic policy and was the Government's representative of the meetings of the Bank’s Monetary Policy Committee. Previous to that he held a number of civil service roles including leading the Treasury work advising on whether the UK should join the Euro.

Dave was awarded a CBE in the New Year Honours 2004 and made a Knight Bachelor in the New Year Honours 2015. He graduated with an MA in Politics, Philosophy and Economics from Oxford University in 1986 and received an MSC in Economics from the London School of Economics in 1990. Dave is a Trustee of Pro Bono Economics and a visiting Professor at Kings College London. His outside interests include cycling, rock climbing and hill walking.

First broadcast on 26 February, 2021.