Research Associate Thorvald Grung Moe is a senior adviser at Norges Bank, the central bank of Norway, where he has worked since 1985. He has held a wide range of positions there, covering topics such as exchange control, financial stability, monetary policy, payment systems policy, and strategic planning. He formerly served as department director for the report of the bank’s Financial Stability wing and sat on the board of the Financial Supervisory Authority of Norway as a central bank observer. He has also been a regular observer at the Committee of European Banking Supervisors. Before joining Norges Bank, Moe worked at the World Bank and the Norwegian Ministry of Finance. He has also consulted widely with the International Monetary Fund in the Middle East, Latin America, and Eastern Europe. He has published books and articles on banking regulation, the financial crisis, and how to resolve cross-border banking crises, and his papers written while at the Institute deal with the regulation of shadow banking and the interface between financial stability and monetary policy.