Day 2

Day 1 - 15 September 2010

Day 2 - 16 September 2010

8:20 Registration

8:50 Chairman’s opening remarks

9:00 EXECUTIVE ADDRESS: Operational Risk in the context of Capital Adequacy Assessment

• Context
• Key considerations
• ICAAP in context of TSA banks
• Deriving value

Rajit Punshi, Head of Group Operational Risk Policy, STANDARD CHARTERED BANK

9:30 ROUNDTABLE: Quantifying the aftermath (ERM)

• Are current quantitative measurements and methods sufficient? Have they become an end in themselves or can we safely still rely on them as tools for risk measurement and mitigation?
• Should there be a greater focus on qualitative measures and reliance on stress testing and scenario analysis in favor over quantitative measures?
• Is the potential capital cost of thorough scenario analysis too high?
• The need for a holistic view of risk management across the institution – integrating credit, market and operational risk.
• Is ERM the way forward?

Abhijit Sinharoy, Head, Enterprise Risk Management AP CEMEA, VISA

Niall Grady, Regional Head of Enterprise Risk Management, PRUDENTIAL

10:20 CASE STUDY: Building ORM awareness – effective risk & control ownership

• Japan regulatory view on operational risk awareness
• Common misconceptions among staff about the differences between risk, controls and indicators
• Who's risk is it? Taking ownership
• Who's in control? Taking responsibility
• Creative effective indicators

Jacob Searing, Vice President, Head of Operational Risk, RABOBANK (JAPAN)

10:50 Coffee break

11:20 PRESENTATION: Changing Risk Landscape and BCM Innovation

• Increasing threats and risk landscape
• The need for protective intelligence
• Narrowing the gap between recovery and resumption
• Emerging BCM models
• Pre-emptive management is key

Leon Chang, Director and Regional Head of Business Continuity Management, DEUTSCHE BANK

11:50 PRESENTATION: Building a global AML training strategy for a global bank

• Tone at the top and overall strategic approach
• Governance, staffing and funding
• Focused training relevant to business, role and regulatory focus
• Ownership and content management
• Modes of delivery and technology adequacy
• Training records, tracking and escalation
• Testing and certification
• Tracking effectiveness of training
• Continuous improvement
• Awareness strategy

Dr. Rohan Bedi, Senior Money Laundering Risk Executive, Global AML Asia, BANK OF AMERICA MERRILL LYNCH

12:20 PRESENTATION: Reporting comprehensively on non-financial risk in the organisation

• Why it's of value to combine non-financial risk into one picture for the management?
• What are the areas that are included to provide a non-financial risk picture?
• What are the foundations that must be laid and built upon for this to finally come together?
• What benefits will be reaped from this for the ORM function?

Anil Mahtani, Chief Operational Risk Officer & Chief Compliance Officer, ING INSURANCE AND INVESTMENT MANAGEMENT, APAC

12:50 Lunch

14:00 CRO ROUNDTABLE: Strategic upgrades - the role of the risk manager

• Should risk managers be included in enterprise strategy direction debates?
• Has the crisis motivated organizations to “upgrade” the status of the risk manager?
• Is it now accepted that the risk manager’s role is business-critical?
• Are there still significant steps to be made in order to incorporate risk measurement, management and mitigation into strategic direction?
• Is there really a need for official accreditation of ORMs?

14:50 PANEL DISCUSSION: Reputations at ransom - managing reputational risk

• What is the definition of reputational risk? Should it be categorised as its own risk-class or does it fall under the umbrella of OR?
• Can reputational risk be modelled? How can it be quantified or monetized?
• Case-studies and relevant fall-out – the pitfalls of overlooking reputational risk management

Billy Tan, Vice President, AML Compliance, CREDIT SUISSE

Kenneth Lo, Vice President, Operational Risk Management, UNITED OVERSEAS BANK (UOB) GROUP

Christopher Liu, Vice President, Regional AML Compliance and Control Officer, CITIGROUP

15:40 Coffee break

16:10 PRESENTATION: Stuck in the middle - the need for maintaining middle and back office

• Various definitions of ‘middle’ and ‘back’ office
• Pros v. cons of outsourcing your middle and back office functions
• How to persuade CFOs to invest money in compliance staff?
• The costs of protection and peace of mind: middle/back office as deterrents of fraud and money-laundering

16:40 PANEL DISCUSSION: Operational risk challenges for 2010 and beyond

• What are the emerging risks facing the industry?
• How should the industry address the deficiencies in operational risk management exposed during the financial crisis?
• The operational risk manager’s role in protecting their firm against future global pandemics
• Identifying key priorities for operational risk managers
• The outlook for ORM in Asia – China and Southeast Asia

Shigehiko Mori, Joint General Manager, Risk Management, MIZUHO FINANCIAL GROUP (JAPAN)

Rajit Punshi, Head of Group Operational Risk Policy, STANDARD CHARTERED BANK

Richard Mais, Head of Operational Risk, Wholesale Banking, NATIONAL AUSTRALIA BANK

17:30 Closing remarks

17:40 End of conference

Day 1 - 15 September 2010

Day 2 - 16 September 2010