The financial system is undergoing a profound transformation, driven by advances in artificial intelligence (AI) and the rapid adoption of digital technologies in finance, including the emergence of tokenised assets. While the full implications of these innovations are still unfolding, they have the potential to reshape the functioning of the financial system. These developments may mitigate existing vulnerabilities but also give rise to new sources of financial stability risks, raising important questions for policymakers, regulators and market participants.

Against this backdrop, the conference provides a forum for presenting and discussing cutting-edge research on the implications of AI and digital innovation for financial stability and the regulation of the financial system.

Topics

We invite submissions of empirical and theoretical papers on topics including, but not limited to:

• Financial stability implications of AI, including its (private credit) financing
• AI applications in financial regulation and macroprudential policy
• Systemic risks arising from digitalisation of financial services
• Stablecoins and crypto-assets: opportunities, systemic risks and regulatory challenges
• Tokenised assets and central bank digital currencies (CBDCs) in the evolving financial ecosystem
• Liquidity and contagion risks associated with the emergence of digital money
• Decentralised finance (DeFi) and its implications for financial stability
• Cybersecurity and quantum technologies as evolving sources of financial instability

Confirmed Speaker:

Thierry Foucault (HEC Paris and CEPR), Fritzi Köhler-Geib and Michael Theurer (Members of the Executive Board of the Deutsche Bundesbank).

Scientific Committee

Tobias Berg (Goethe University Frankfurt, CEPR), Jean-Edouard Colliard (HEC Paris and CEPR), Falko Fecht (Deutsche Bundesbank), Rainer Haselmann (Goethe University Frankfurt and CEPR), Kirstin Hubrich (Deutsche Bundesbank), Björn Imbierowicz (Deutsche Bundesbank), Vivien Lewis (Deutsche Bundesbank and CEPR), Natalya Martynova (Deutsche Bundesbank), Christoph Memmel (Deutsche Bundesbank), Loriana Pelizzon (Goethe University Frankfurt and CEPR), Javier Suarez (CEMFI and CEPR), Edgar Vogel (Deutsche Bundesbank).

Further Information

Unless otherwise specified, the submitting author will be considered the presenting author. Submit full papers (or extended abstracts):

Notification of acceptance 

December 8, 2026.

Registration

There is no registration fee.

Funding

Accommodation and reimbursement of travel expenses will be provided according to CEPR travel guidelines forpresenting authors and discussants.

Conference

A conference dinner will be held on March 18.