OpRisk Asia - Day 1

08:30 Registration
09:25 Opening remarks

Alexander Campbell, Editor, Operational Risk & Regulation

09:30 Keynote address
10:30 Developing an effective risk appetite and maintaining oversight in outsourcing risk
  • Best practices in ensuring your firm knows the location of customer data at all times
  • Examining key outsourcing risks, including reputational risk, service delivery and continuity of service
  • Evaluating country and economic risk for offshore vendors
  • Ensuring the first line of defence understands third party risk and builds adequate monitoring
11:30 Morning coffee break
12:00 Preparing for and reducing operational risk losses
  • How do you effectively identify, assess, measure and manage operational risk events
  • Assessing emerging risks and how they can impact the OpRisk function
  • Best practices and techniques in gauging exposures and vulnerabilities
  • Establishing a strong risk appetite and setting appropriate KRIsow is the current SMA proposal impacting operational risk capital?
13:00 Lunch
14:00 The importance of a robust internal control framework for financial institutions
  • Overview of internal control framework: an important component of the risk management cycle
  • When internal controls are not effective: consequences of a weak control environment
  • Common challenges in internal control testing: best practices to overcome them
  • Emerging challenges in internal control testing: preparation is the key
15:00 Assessing, understanding and managing AML sanctions and controls
  • How are tighter AML controls impacting the OpRisk function, especially regarding international transactions?
  • Best practices in gauging the level of AML compliance risk your firm is willing to accept and manage
  • Tailoring your OpRisk function to the risks inherent in your business model
  • Can boutique banks remain compliant without upgrading their systems?
16:00 Afternoon coffee break
16:15 Halting fraud in the face of digital disruption
  • What tools, techniques and best practices are being used to improve the efficiency and effectiveness of fraud prevention?
  • The importance of information sharing within your organisation and throughout the industry
  • Can we combine the fraud and AML functions? What are the main obstacles to this kind of convergence?
  • What is the latest in harnessing big data to detect both internal and external threats?
17:15 End of OpRisk Asia Day 1

OpRisk Asia - Day 2

08:30 Registration
09:25 Opening remarks

Alexander Campbell, Editor, Operational Risk & Regulation

09:30 Analysing the SMA vs. AMA and the latest developments
  • Without uniform data standards being enforced as it pertains to loss data, can SMA capital figures be comparable industry wide?
  • What impact could the SMA not catering for expected future operational risk losses have?
  • Is it possible we could end up with separate, geographic-specific iterations of the SMA? What could this look like?
  • What is the purpose of operational risk capital requirements in the first place
10:30 What's the role of scenario analysis in a post-AMA world
  • What does scenario analysis look like under the SMA?
  • Examining the value of using scenario analysis for risk management as opposed to risk capital
  • How can we use the latest in data capturing technology to aid in mitigating risk?
  • How can we improve our understanding of exposures, controls and mitigants?
11:30 Morning coffee break
12:00 Delivering an effective conduct risk culture
  • What are the main drivers of conduct risk?
  • Focusing on changing employee behaviours and examining how we got here in the first place
  • Evaluating the way major banks approach conduct risk
  • As conduct risk is a behavioural issue, are there any metrics that can aid in its calculation or prevention?
13:00 Lunch
14:00 Panel Discussion: Preventing catastrophe in the face of organisational change
  • Management techniques in the face of desk restructuring and internal risk transfer processes due to Basel regulations
  • Examining the importance of adopting processes that allow for and encourage fintech innovation
  • Preventing market abuse and fraud when strategic changes pressure front-office staff to push for higher revenues
  • How to retain talented staff, especially in areas where specialised resources in the industry can be limited
15:00 How to effectively interpret and adopt the latest OpRisk regulations
  • How is the current SMA proposal impacting operational risk capital?
  • Overview of the latest on IFRS 9 and Basel IV regulations
  • Pillar 3 disclosure requirements; Regulatory treatment of accounting provisions
  • Examining IT infrastructure challenges as they pertain to regulatory compliance
16:00 Afternoon coffee break
16:15 Champagne Roundtables
  • How can the operational risk function become embedded in your firm's overall business strategies?
  • Obtaining a thorough understanding of new technologies and tools used in the risk space
  • What tools and best practices help your organisation identify your top risks in both a bottom up and top down process?
  • Do emerging technologies and the increased role of cyber security have impact on your team and the required staff skillsets?
17:15 End of OpRisk Asia Day 2

Tech Risk Asia - Day 3

08:30 Registration
09:25 Opening remarks

Alexander Campbell, Editor, Operational Risk & Regulation

09:30 Disruptive banking technologies - convenient or a compromise to risk?
  • What are some of the critical operational risk issues that have arisen from digital disruption?
  • Does convenience and ease of use for customers create compromises to security?
  • What role does operational risk play in payment apps and alternative banking channels?
  • What is the risk appetite development process like with new technologies such as AI, blockchain and big data?
10:30 The challenging but necessary integration of cyber and operational risk
  • Best practices in establishing communication and cooperation between OpRisk, IT, and cyber security teams
  • Identifying the most valuable data assets and ensuring multiple layers of defence for them
  • Swiftly quarantining an area of attack while enabling broader banking systems and processes to continue operation
  • Does your firm have cyber liability insurance? If yes, what does it cover?
11:30 Morning coffee break
12:00 Mitigating cloud computing risk with effective third party management
  • Best practices in collaborating with cloud services to prevent unauthorized access to customer and business data
  • What steps can be taken to ensure the security, character and reputation of your cloud service provider
  • The latest data security regulations and the importance of your cloud service maintaining compliance
  • Once your firm's business/customer data is in the hands of a vendor, who owns the data and what does a potential breach to their system mean to your business?
13:00 Lunch
14:00 Harnessing big data: effective data governance and analytics
  • Streamlining a workflow that accounts for the source of data and how it moves through your firm
  • Leveraging the right data to raise your firm's confidence and trust in their data
  • Establishing effective risk data aggregation and risk reporting
  • Keeping up with regulator and customer demands for quicker and more detailed and transparent access as data volumes continue to balloon
15:00 What to do in the event of an IT failure
  • What effect could cloud computing failures have on financial losses and client relationships?
  • What kind of safeguards can be utilised if data cannot be accessed?
  • How do you handle client relationships if they cannot access their accounts for an extended period?
16:00 Afternoon coffee break
16:15 Looking ahead to emerging operational risks in the technology landscape
  • As customer demand for more transparent and efficient processes grows, what technologies will be best suited to achieve these goals while maintaining compliance and data protection?
  • Examining emerging technologies such as AI, IoT, blockchain and cloud services and what they will mean to the OpRisk function over the next decade
  • What are some digital threats that routinely bypass traditional controls?
17:15 End of Tech Risk Asia