The XVI Meeting of Heads of Financial Stability was organized by the Center for Latin American Monetary Studies (CEMLA) and held in Mexico City, Mexico, on September 8–9, 2026. The meeting addressed topical issues related to financial stability, including non-bank financial intermediation, artificial intelligence and systemic risk, geopolitical tensions, capital flow volatility, and fiscal sustainability and sovereign risk.
The agenda, available here, included three keynote presentations. Nicola Cetorelli, Head of Financial Intermediation at the Federal Reserve Bank of New York, presented "The Bank–NBFI Nexus: Financial Stability Implications", while Robin Lumsdaine, Crown Prince of Bahrain Professor of International Finance at American University, addressed "AI, Systemic Risk, and Policy Considerations". Finally, Athanasios Vamvakidis, Deputy Director of the Monetary and Capital Markets Department at the International Monetary Fund, presented "Navigating Global Financial Stability Risks and Strengthening Resilience".



































