The replay of the 2026 Financial Risks International Forum is now available

The 2026 Financial Risks International Forum, held in Paris on March 30 and 31 and organized by the Institut Louis Bachelier in cooperation with the Fondation du Risque and the Europlace Institute of Finance, is now available in replay. This latest edition brought together researchers, regulators, and finance professionals to discuss the profound transformations reshaping today’s financial systems.

Under the theme “Hidden Financial Risks”, the 19th edition highlighted increasingly difficult-to-detect risks arising from growing market complexity, the rise of digital technologies, and deepening global interconnections. Artificial intelligence, decentralized finance, climate-related risks, geopolitical instability, and new forms of financial contagion were at the core of the discussions.

A forum at the intersection of research and major financial challenges

Once again, the Forum confirmed its role as a leading international platform, fostering dialogue between cutting-edge academic research and institutional as well as industry stakeholders. The exchanges provided an opportunity to explore the limits of traditional models and to propose new approaches for better identifying, measuring, and managing emerging risks.

Several keynotes and roundtables stood out as major highlights of this edition.

Keynotes: international perspectives on emerging risks

The conference hosted several distinguished speakers, including:

• Matteo Iacoviello (Federal Reserve Board), who presented on measuring geopolitical risk using artificial intelligence
• Monica Billio (Ca’ Foscari University of Venice), who analyzed the impact of climate risk on systemic stability through syndicated lending markets
• Markus Leippold (University of Zurich), who offered reflections on AI and the integrity of knowledge in financial systems

These talks highlighted the growing role of AI and data in risk analysis, while also emphasizing challenges related to model reliability, transparency, and governance.

Roundtables: understanding hidden risks in financial systems

The roundtables provided deeper insight into the Forum’s main themes, bringing together experts from academia, central banks, supervisory authorities, and the financial industry.

Among the most notable discussions:

• Geopolitical risks and their impact on investment portfolios, with contributions from Sébastien Jean, Dorothée Rouzet, Anna Simoni, and Julien Pincet
• Climate-related financial risks, featuring Jean Boissinot (ACPR), Pierre Vaysse (Allianz France), Elena Maksimovich, and Priscille Béguin
• Hidden risks in AI and pricing models, with Julien Perez, Laetitia Fournier, and Jeremy Poirot
• The transformation of financial advice and robo-advisory, with insights from Marie Brière, Milo Bianchi, Roman Matkovskyy, and Ylva Baeckström

An edition marked by the diversity of risks addressed

Beyond these highlights, the Forum featured a wide range of parallel sessions covering today’s key financial challenges:

• systemic risk and stress testing
• financial bubbles and market contagion
• liquidity risk and fund fragility
• behavioral finance and robo-advisory
• valuation models and hidden AI-related risks
• innovation in quantitative methods and portfolio management

These sessions showcased a rich combination of theoretical, empirical, and applied approaches, reflecting the depth and diversity of current research in financial risk.

The replay is now accessible

All sessions of the 19th Financial Risks International Forum are now available in replay. This resource offers a unique opportunity to revisit insights from leading international experts and to better understand the major challenges shaping the financial systems of today and tomorrow.

👉 The replay is now available on our website.

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