From IFABS London 2026: Are we regulating risk away, or just regulating it out of sight? Reflections from IFABS 2026 Annual Conference - keynotes from Xavier Vives on AI and digital money, David Bailey on evidence-based prudential regulation,& Nicola Cetorelli on the shifting boundaries of the banking firm - and what they mean for India's own NBFC story, from IL&FS to the RBI's scale-based regulation. Honoured to have received the Third Prize for Best PhD Paper from the Bank