Boundedness of singularities and minimal log discrepancies of Kollár components

Several years ago, Chi Li introduced the local volume of a klt singularity in his work on K-stability. The local-global analogy between klt singularities and Fano varieties, together with recent study in K-stability lead to the conjecture that klt singularities whose local volumes are bounded away from zero are bounded up to special degeneration. In this talk, I will discuss some recent work on this conjecture through the minimal log discrepancies of Kollár components.