agenda

agenda

New Trends in Risk, Governance and Compliance under the Crisis | Agenda

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Live virtual course | Agenda timing is in GMT

Respective time in HKT/SGT:
Start: 3:30pm
Break: 5:30pm
Finish: 6:45pm
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09:3010:30

Impact of COVID in Risk, Audit and Compliance

10:00 - 11:00

  • Where are we now?
  • Risk, audit and compliance prior to the crisis of 2020
  • The regulatory challenges
  • Key developments in risk
  • Key developments in audit
  • Key developments in compliance

10:3011:30

New Developments in Risk Management

10:00 - 11:00

  • Enterprise risk management
    • Stress testing and scenario modelling
    • Risk capacity, appetite, tolerance, and acceptance 
  • Governance
  • Operational Risk
    • Revised operational risk sound practices from the BIS
    • ICT
    • Operational resilience from BIS
    • Critical operations
    • Third party risk management
    • Cyber risk
  • Credit Risk
    • Model risk
    • IFRS 9
    • Forecasting
    • Model overlays
    • Assumptions
    • Validation
  • Market Risk
    • IRRBB
    • FRTB

11:3011:45

Break

10:00 - 11:00

11:4512:45

New Developments in Internal Audit (1)

10:00 - 11:00

  • Remote auditing
  • Challenges and limitations
  • Existing three lines of defence 
  • Revised three lines of defence paper from IIA
  • 6 step principles based approach
  • What will this mean in practice?
  • Consistency with BIS guidance

09:3010:30

New Developments in Internal Audit (2)

10:00 - 11:00

  • Fraud and financial crime auditing
  • Business acumen
  • Proactive internal audit 

10:3011:30

New Developments in Internal Audit (3)

10:00 - 11:00

  • Clarity on roles of 1st and 2nd line of defence
  • Impact of artificial intelligence
  • Impact on IT audit
  • Changes in communications 
  • Agile communications
  • Data mining and analysis 

11:3011:45

Break

10:00 - 11:00

11:4512:45

New Developments in Compliance (1)

10:00 - 11:00

  • Embedding compliance into the 1st line of defence
  • The role of compliance in the 2nd line of defence
  • How is compliance changing?
  • The challenge of compliance and distance working
  • Areas unsuitable for distance working
  • Responsibility over the working environment

09:3010:30

New Developments in Compliance (2)

10:00 - 11:00

  • Compliance and stress testing
  • Customer risk assessment
  • Contracting and mandates
  • Compliance reporting

10:3010:45

Break

10:00 - 11:00

10:4511:45

New Developments in Compliance (3)

10:00 - 11:00

  • LIBOR transition
  • FRTB
  • Fintech Regulation
  • Money laundering and CFT
  • Sanctions