Andreas Dombret, former member of the ECB’s supervisory board, on the new financial order set to follow the Ukraine war

Today’s guests details how the ongoing war in Ukraine could fundamentally change the established business models and regulatory policy-making in Western financial markets, lays out the defence for central banks in their response to the inflationary scenarios that the outbreak of war has contributed to and sounds the alarm on the market risks that policymakers are forced to ignore whilst they are in crisis mode.

Andreas Dombret is the former vice-chairman of Bank of America’s Global Investment Banking unit in Europe, the Middle East and Africa. More recently, he has been a member of the executive board of the Deutsche Bundesbank, with Banking Supervision, and Risk Control among his responsibilities. He has also been a member of the Basel Committee on Banking Supervision, the board of the Single Supervisory Mechanism of the European Central Bank and spent eight years on the board of Basel-based Bank for International Settlements.