FRTB—Emerging Trends and Challenges
With the FRTB deadline fast approaching, the industry is still grappling with practical challenges in adopting this regulation. This webinar is to hear from the industry experts & practitioners on the most pressing implementation issues & emerging trends in the FRTB space.
Date:
February 21, 2023
Time:
12:00 - 1:00 p.m. EDT
5:00 - 6:00 p.m. GMT
Presented By:
CRISIL
Location:
Virtual Event
| Agenda |
|
| |
Topics |
|
|
|
| |
Update on the latest timeline approach across jurisdictions ( especially on the US & UK timelines ) & along with timelines how the local divergences are posing challenges for the Global Institutions
|
|
|
|
| |
Discussing the pertinent implementation challenges for e.g.
- Tools to perform what-if scenarios to decide for IMA & its impact on capital and what is the industry
- Data requirements & modelling challenges ( treatment of funds, IMA DRC)
- NMRFs (identification, reduction approaches & stress scenario modelling)
- Technology & computational considerations & discussion around FRTB being the Trigger for big IT changes like adopting cloud given the large computations involved in IMA
|
|
|
|
| |
Strategies that banks can follow to implement IMA successfully |
|
|
|
| |
Question and Answer |
|
|
|
| Speakers |
|
| |
|
|
|
 |
|
Stephen Knights, Moderator, Director, Global Research & Risk Solutions, CRISIL
Stephen is a Director in CRISIL’s Global Research & Risk Solutions and leads risk and regulatory initiatives at CRISIL. He is based in London and specialises in regulatory capital projects including FRTB, Basel III and Stress Testing.
Stephen has over 15 years’ experience across risk models and regulatory frameworks within global Investment Banking. He has been the FRTB Lead with banks including Morgan Stanley and Credit Suisse and a member of the industry-wide Trading Book Working Group. |
|
| |
|
|
|
  |
|
Vincent Baritsch, Head of EMEA Regulatory Policy, STPD Finance, SMBC
Vincent is Head of EMEA Regulatory Policy for SMBC’s operations in the EU and UK, covering prudential policies SMBC EU AG in Frankfurt, SMBC Bank International in London and SMBC Nikko Capital Markets Ltd. Vincent has been involved in all EU Basel capital implementations since Basel 1.5, specialising in credit and market risk. A particular interest of his is the economics of regulation and how prudential requirements impact the wider economy via the availability of funding to the non-financial sector.
|
|
| |
|
|
|
 |
|
Gregg Jones, Risk and Capital Senior Director, ISDA
Gregg Jones joined ISDA in February 2018, working to advance ISDA’s aims and objectives relating to risk and capital issues. Mr. Jones’ work involves producing discussion papers covering key topics in derivatives, public policy and financial regulation. The Risk and Capital Department is closely involved in the global implementation of all aspects of Basel III and he is responsible for all Market Risk related issues, in particular the ‘Fundamental Review of the Trading book’ and also leads on ISDA’s ESG risk related initiatives.
Mr. Jones has worked in the financial industry for over 20 years, and before joining ISDA he was an Executive Director at Morgan Stanley in the Risk Management department responsible for various capital initiatives including ICAAP, Stress Testing, Recovery Planning, prior to this he also worked as a Market Risk Manager at Barclays Capital, Daiwa SMBC and Royal Bank of Scotland.
|
|
| |
|
|
|
 |
|
Mark Jones, Head of Market Risk, NatWest
Mark Jones has worked at Natwest in London for 18 years, most recently as Head of Traded Market Risk.
He is responsible for all market risk management and modeling activities across the firm’s trading portfolio.
|
|
| Continued Risk Learning Credits: 1 |
PRMIA Continued Risk Learning (CRL) programs provide you with the opportunity to formally recognize your professional development, documenting your evolution as a risk professional. Employers can see that you are not static, making you a highly valued, dynamic, and desirable employee. The CRL program is open to all Contributing, Sustaining, and Risk Leader members, providing a convenient and easily accessible way to submit, manage, track and document your activities online through the PRMIA CRL Center. To request CRL credits, please email [email protected].
This event is FREE for members and non-members, although registration is required. Click "Register Myself" below to reserve your spot. Make sure to click "Continue" to proceed with your registration. (If this is your first time accessing the PRMIA website you will need to create a short user profile to register.) Support events like this by becoming a member.