Programme

Asia Risk Congress 2020 agenda

ARC Agenda 2020

08:0008:55

Registration

08:00 - 08:55

08:5509:00

Chairperson’s welcome remarks

08:55 - 09:00

09:0009:30

Opening keynote: Navigating through the world of changes: economic, technological and geopolitical

09:00 - 09:30

Patrick Pearson

Head of financial markets infrastructure, directorate general financial stability, financial services and capital markets union

European Commission

Patrick Pearson is Head of Unit of Financial Markets Infrastructure in the European Commission’s Financial Stability, Financial Services and Capital Markets Union Directorate General. He previously headed the Resolution and Crisis management teams and was responsible for the Financial Services Action Plan.

Before joining the European Commission in 1987, Patrick Pearson worked for the legal service and the foreign financial market affairs divisions in Dutch Finance Ministry in The Hague.

He has a law degree from Leiden University in the Netherlands.

09:3010:10

Regulatory panel: Strengthening financial market resilience through cross-border regulation

09:30 - 10:10

  • Market fragmentation - key issues and impacts in Asia Pacific
  • How to interpret regulations and avoid common pitfalls?
  • Assessing and mitigating risk to achieve regulatory compliance under economic disruption
  • The new accounting rules and how it is pushing banks to write down loans earlier
Patrick Pearson

Head of financial markets infrastructure, directorate general financial stability, financial services and capital markets union

European Commission

Patrick Pearson is Head of Unit of Financial Markets Infrastructure in the European Commission’s Financial Stability, Financial Services and Capital Markets Union Directorate General. He previously headed the Resolution and Crisis management teams and was responsible for the Financial Services Action Plan.

Before joining the European Commission in 1987, Patrick Pearson worked for the legal service and the foreign financial market affairs divisions in Dutch Finance Ministry in The Hague.

He has a law degree from Leiden University in the Netherlands.

10:1010:40

Morning break

10:10 - 10:40

10:4015:40

Stream

Risk & Regulation Summit

Basel IV reforms: what’s next for Asia Pacific

10:40 - 11:20

  • Asia’s current state-of-play: post Covid
  • How do financial institutions prepare to adopt and implement these changes while maintain financial stability
  • Weighting APAC’s specific risk appetite and roadblocks when implementing Basel IV reforms
  • How to evolve the bank’s internal models under regulatory and economic uncertainties
FRTB: risk & valuations – the data challenge

11:20 - 12:00

  • A closer look at the new FRTB rules and data concerns imposed
  • How to revamp data infrastructure and lay a solid foundation with internal and external data?
  • Standardising and aligning data sets across front office, finance and risk
The new IRRBB standards: from market risk to structural risk

12:00 - 12:40

  • The transforming risk measurement and challenges ahead
  • What are the underlying risk drivers?
  • Rethinking behavioural modelling and stress testing for forward-looking models
Networking lunch

12:40 - 13:40

ESG in Credit

13:40 - 14:20

  • Climate risk adjusted ratios for Credit Analytics models
  • Fundamental analysis of ESG into credit assessment scorecards
  • APAC case study
Managing liquidity risk in a volatile market

14:20 - 15:00

  • The enhancing liquidity risk reporting and stress testing framework under global pandemic risk and disturbance
  • Real-life barriers in measuring intraday liquidity risk
  • Under new stress scenarios: what to expect from smart analytics and IT infrastructure
Evolving business and operating models in the midst of risk and disruption

15:00 - 15:40

  • A global view on risk factors and implications
  • Regulatory and compliance risk in Asia’s context
  • How to run effective stress testing and model risk management?
  • Resilience is key. But how can you map out your next steps?

Stream

Margining and Derivatives Forum

Panel discussion: The current state of Asia’s clearing and futures market

10:40 - 11:20

  • Clearing cross currency swap transactions – lessons learned
  • The increase of trades during Asian hours, how long will this trend go on for?
  • OTC vs futures markets
  • An increase of hedging as a result of the Coronavirus – taking a closer look
Panel: Navigating uncleared margin rules (UMR) – preparing an array of tools and techniques that suits the evolving UMR landscape

11:20 - 12:00

  • How well prepared (or ill-prepared) are banks and buy-side firms when dealing with the process of posting margins?
  • Managing the clock and delivering Phase 6 in time before the September 2021 deadline
  • Managing AANA and minimum thresholds
Panel: Margining and clearing for the OTC FX and derivatives market

12:00 - 12:40

  • Clearing OTC FX products and margin – best practises
  • A deeper discussion on capital ratios and margin requirements
  • The Coronavirus’ impact on the OTC derivatives market – the potential creation of a multi trillion dollar short on margin calls
  • Developments in major currency alternative rates in the derivatives market
Networking lunch

12:40 - 13:40

Panel: Digitally transforming and automating the derivatives market

13:40 - 14:20

  • Advancing the derivatives market from the 2G era and into the future – accessing the challenges here
  • Utilizing, Big Data, AI, and Machine Learning to automate the trade lifecycle
  • Machine Learning and AI’s role in the repo, liquidity,
Panel: CTM (collateralized to market) versus STM (settle to market) accounting treatments

14:20 - 15:00

  • CTM and STM for OTC Derivatives Transactions
  • Looking at capital rules and Internal risk models from a regulator’s perspective
  • CTM vs STM - Global vs local practises
  • Counterparty credit risks
Financial market infrastructures principles

15:00 - 15:40

  • Enhancing safety and efficiency in payments, clearing, settlement, and recording arrangements
  • Cyber resiliency for financial market infrastructures
  • Public quantitative disclosure standards for central counterparties

15:4016:10

Afternoon break

15:40 - 16:00

16:1016:40

Out-of-industry case study: Inside the mind of a futurist - risk management from a different perspective

16:10 - 16:40

16:4017:30

Asia Risk 25th anniversary special

16:40 - 17:30

Editor’s choice: What is risk management heading to for the next 25 years?

  • Prediction on emerging risks to watch for
  • How to be risk-resilience and “fit for risk”?
  • Emerging technologies for new business models, what’s on the horizon?
  • Brexit, the US-China Trade War and the Coronavirus - it’s impact on the derivatives market and beyond
  • ‘ESG Swaps’ and the ‘green derivatives’ market, the next frontier

08:0017:15

Stream

IBOR Summit Asia

Registration

08:00 - 08:55

Chairperson’s welcome remarks

08:55 - 09:00

Morning Keynote address

09:00 - 09:30

Panel: The dangers during transition - what corporates, banks and asset managers need to know

09:30 - 10:20

  • The transition impact on leading firms
  • Implementation risks examples
  • Outlining the essentials of programme and transition planning
Morning Break

10:20 - 10:50

Panel: Operational preparation and transition checklist

10:50 - 11:40

  • Building the capabilities for the new RFR
  • Checking your IT systems - what needso be considered?
  • Data and technology implications
  • Minimising the cost impact of the transition
  • Using AI to Accelerate the transition away from IBOR
Presentation: Local benchmark reform

11:40 - 12:10

  • The impact on major currencies and regional markets, through the utilization of cross-currency and/or foreign exchange swap related products
  • Determining calculation methods of ARRs
  • From the SGD Swap Offer Rate (SOR) to the Singapore Overnight Rate Average(SORA), and from the Hong Kong Interbank Offered Rates (HIBOR) to the Hong Kong Dollar Overnight Index Average (HONIA) – having a closer look at the different stages of development
  • Other alternative reference rates such as Secured Overnight Financing Rate (SOFR) and Sterling Overnight Index Average (SONIA)
Networking Lunch

12:10 - 13:10

Panel: The impact on Asia’s buy side – what can we expect?

13:10 - 14:00

  • Portfolio valuation and benchmarks – how will the performance and management fees be affected?
  • Client documents, Instrument-related contracts, and fund documentation – discussing Ibor’s impact here.
  • The effect of the EU’s Benchmark Regulation has on the transition process in Asia
Panel: Ibor transition Target Operating Model (TOM) & contract analysis

14:00 - 14:50

  • Utilizing AI to expedite your transition efforts
  • The Benefits of AI Contract Analytics
  • Demonstrating SEAL within an E2E implementation
Ibor transition across Derivatives and Cash markets: next steps and challenges

14:50 - 15:40

  • Questions of modelling impacts and hedging
  • Cessation triggers & fallbacks: squaring the circle?
  • Open questions for Risk, Accounting, XVA
Afternoon Break

15:40 - 16:10

The path towards benchmark conversion for the swaps market

16:10 - 16:40

  • When will market participants be ready to actively transition off Libor?
  • Bilateral & multilateral opportunities for structured conversion
Closing Panel: The implementation of new libor and ibor fallback provisions

16:40 - 17:10

  • Transitioning away from IBOR based on existing fallback provisions in FRNs, and adoption of new risk-free rates
  • Syndicated loans, the bond market, the derivatives market, and the fallback provisions here.
  • Fallback provisions for bilateral loans and securitizations
Chairman’s closing remarks

17:10 - 17:15

End of Conference

17:15 - 17:16

Stream

Non-financial Risk Asia

Registration

08:00 - 08:55

Chairperson’s welcome remarks

08:55 - 09:00

Morning Keynote address

09:00 - 09:30

COO panel: The new risk paradigm

09:30 - 10:20

  • The emergence of virtual banks with groundbreaking business models: what are the risks and impacts on traditional banks?
  • Third-party risk and dependency: challenges on data standardisation and system integration
  • Operational resilience – how can it be a “cure” to global economic and pandemic crisis
Morning Break

10:20 - 10:50

The constant battle against financial crimes: new threats, and evolving solutions

10:50 - 11:20

  • Key emerging threats in 2020: the APAC journey
  • Living with Covid-nefarious individuals and organizations
  • Business continuity management: post Covid
  • Regulatory Pressure and Responses: Covid Learnings
  • AI transformation in fighting against financial crime
Panel: Anti-money laundering: practical compliance and evolving trends

11:20 - 12:10

  • What are the main AML/CFT trends affecting the Asia Pacific markets?
  • Lesson learnt from Covid-19: new threats and solution
  • Identifying and mitigating sanction risks and meeting regulatory expectations
  • Deploying technologies and automation
  • How to design comprehensive data modelling and integration initiatives?
Networking Lunch

12:10 - 13:10

Panel: Climate risk: the next frontier in ESG

13:10 - 14:00

  • Climate risk: is Covid-19 driving climate change off the global agenda? How should firms adjust portfolio and exposures accordingly?
  • Drivers and barriers of ESG integration
  • Translating and quantifying ESG data in risk metrics
  • Making the best business case for ESG
Panel: Enhancing resilience through managing cyber risk

14:00 - 14:50

  • Challenges in developing a cyber-risk management approach
  • The emerging technologies applications and everchanging threats: building resilience metrics
  • Modernising legacy system to improve efficiency and be immune to cyber attack
Panel: Geopolitical recessions: what our changing world means for power, politics and trade

14:50 - 15:40

  • Major trend lines that are looming over global markets: how are that affecting business in Asia?
  • Under the water of regulatory uncertainties: how are financial institutions coping with political risk both abroad and at home?
  • How do you integrate geopolitical risk into stress testing and scenario analysis?
Afternoon Break

15:40 - 16:10

Out-of-industry guest speaker: How in the World Does NASA Manage Their Risks?

16:10 - 16:40

  • Summary of major NASA programs & risks
  • Risk case studies and framework. What makes the right framework for best practices in operational risk
  • Processes and Latest Tools NASA uses to identify and manage risks
  • Best practices and lessons learnt from risk management today
Jeevan Perera

Senior engineer

NASA

Dr. Jeevan Perera is currently the Risk Manager for the Orion space vehicle.  The Orion is NASA's new spacecraft which will replace the Space Shuttle, service the International Space Station, and then return astronauts to the moon and eventually mount expeditions to Mars.  Dr Perera has been with NASA for 20 years.  In his current capacity, he is responsible for risk management policies, processes and analytical tools that ensure the successful deployment and operations of this new spacecraft.  He oversees both quantitative and qualitative risk analysis processes and provides technical direction to a team of risk analysts.  Formerly as the International Space Station Risk Manager, he designed, developed, implemented and improved the Program's risk management processes through a phased, systematic approach setting the standard for NASA’s risk practice.  Prior to his work in risk management, he has worked in different technical fields in support of many NASA programs and projects.  These duties have included management responsibility for versions of the primary and back-up flight software for the Space Shuttle and development responsibility for other software used aboard Space Shuttle and International Space Station missions. 

Dr. Perera has been a member of the Board of Trustees for a local homeowners association, has provided legal advice to the United Space School, a foundation for international space education that brings student from around the world for focused classes on space related disciplines. He often presents on space topics at schools, universities, public events and international conferences.  Dr. Perera has both a Jurisprudence Doctorate (law) and a PhD in Industrial Engineering.

Closing panel: Forward-looking perspective: Delivering an integrated approach to non-financial risk assessments

16:40 - 17:10

  • Emerging risks that have been keeping CROs awake at night
  • How to design an integrated risk management model: the next step to take?
  • To our next generation of risk leaders: how can we navigate under the dynamic risk landscape?
Chairman’s closing remarks

17:10 - 17:15

End of Conference

17:15 - 17:16