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Webinar Experts CRL Credits

The current low interest rate environment has increased the relevance of the IRRBB in the stress testing exercise for regulatory and planning purposes. IRRBB under stressed conditions has become an essential tool for banks to assess their resilience under the regulatory scenarios and to support the planning strategy. In addition, the current low interest rate has challenged Banks' capability to keep satisfactory margin. As a consequence, the stress testing of IRRBB has become a strategic tool for many financial institutions.

Key takeaways include:

• Lessons learned from last ECB and FED stress test
• Selection process of shocks and stress scenarios
• Key challenges of running stress testing exercise
  
  

About Our Expert
		Bio
		Maurizio Garro works as a Senior Audit Manager for Group Internal Audit at Lloyds Banking Group, where he is involved in providing assurance as SME on market and credit models. His background is in Model Risk, Market Risk, Counterparty Credit Risk, Pricing, Liquidity and Stress Testing.  He has long-standing experience as consultant and banker in model risk management and previously worked in the Development and Validation teams of top-tier financial institutions in Europe, U.S., and U.K. for over 14 years.   Maurizio Garro received his Master's Degree in Economics from the Bocconi University of Milano and holds a certificate in Financial Risk Management.

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