2020 programme

2020 programme

2020 Programme

07:4508:45

Registration

07:45 - 08:45

08:4508:50

Welcome remarks

08:45 - 08:50

08:5009:10

Keynote address: Making risk management a priority in the era of transition

08:50 - 09:10

09:1009:50

Panel: Rethinking and refocusing on risk management functions

09:10 - 09:50

  • Counter party credit risk, market risk, and liquidity risk – how are local market participants coping?
  • Emerging risks as a result of digital transformation – fintech solution providers 
  • The big squeeze on bank margins – what’s the stance of the banks?
  • Risk managers/back-end business vs front-end business  – balancing risk and return
  • The importance of Non-financial risk
  • Stress testing – a closer look at the rise of the regulator’s expectation and the shifting of the purpose, from 'to live or to die' checks to s 'management tool' in an uncertain situation.

09:5010:30

Panel: Time to move on! The Libor transition

09:50 - 10:30

  • Transitioning from LIBOR OTC Derivatives to Risk Free Rates (RFR), understanding the adaptation challenges for market participants
  • Monitoring liquidity risks (PE and Private assets) 
  • Valuation and risk management challenges – transitioning legacy contracts 
  • The Repo-market turmoil and the concerns raised about the new benchmark rate
     
Ross Allen

Managing Director

IHS MARKIT

Ross is a Managing Director in the Financial Services division working within our Strategy team with specific focus on changes to market structure, regulation and new technology.  Ross is a member of the IHS Markit IBOR Reform committee, global head of Term Risk Free Rates (TRFR) and also sits on the ARRC sub-committee working on the development of Term SOFR.

Previously, Ross served as Head of Financial Markets APAC and was responsible for leading and growing the IHS Markit business across Asia-Pacific.  Ross has an accounting and OTC derivatives background and has worked extensively on regulatory impact and developing new products to meet regulatory change.  Ross has over 20 years experience in the financial services industry covering cash, derivatives and alternative assets markets across a variety of roles.  Ross has worked in London, Singapore and currently based in Sydney.

Kouhei Iinuma

Section Head, Group Integrated Risk Management Division

Shinsei Bank

I am Section Head of Integrated Risk Management Division in Shinsei Bank. I am managing market risk and quantitative analysis including trading and banking book especially interest rate and FX products. Prior to current position, I was exotic derivative trader and product structurer. I have experienced market for twenty years. I am part-time teacher at Graduate School of Business and Finance, Waseda University.

Tatsuo Ichikawa

Director, CIO Office Quants Team

Japan Post Bank

Tatsuo is Managing Director and Head of Quant Team in Investment Division at Japan Post Bank since 2016, and he is a member of the ALM Committee. He is responsible for all quantitative analysis including asset allocation, front risk management and investment strategies as well as developing trading systems for the investment division. From 2018, he is also responsible for Rates and FX Department. Prior to joining Japan Post Bank, his career started with Morgan Stanley Japan in 1999 as Interest Rate Strategist after graduating from Graduate School of Waseda University with a Masters Degree in Mathematics.  In 2005, he joined ABN AMRO Securities Japan, which was subsequently integrated into RBS Securities Japan, as head of Japan Research.
 
Tatsuo rejoined Morgan Stanley Japan in October 2009 and became head of JGB/swap trading and sales desk.  He was promoted to Managing Director in 2010 and appointed Head of Japan Interest Rate Product Group. He was named Co-Head of Japan Fixed Income and appointed to a Board member of Morgan Stanley Japan Holdings in January 2013. His last role at Morgan Stanley MUFG was Head of Japan Fixed Income Trading.

While working at Japan Post Bank, Tatsuo is teaching fixed income investments and ALM strategy at Tokyo Metropolitan University where he earned PhD in Business Administration.

10:3011:00

Presentation: Libor Transition

10:30 - 11:00

11:0011:25

Networking break

10:30 - 11:00

11:2511:55

Presentation: Operational resilience and operational risk - “what is going to break you?”

11:00 - 11:30

  • Preparing, responding, and remediating a crises – are we testing enough?
  • KRIs and KPIs – does your organization have a comprehensive view of its maturity and uplift program?
  • Dealing with disaster recovery
  • Minimizing operational risk by managing people (human errors), IT, organizational structure, fostering sound risk culture, and being prepared for compliance requirements 

11:5512:25

Presentation: Governing Non-financial risk (NFR) in today’s complex and competitive environment

11:30 - 23:50

  • Addressing overall governance on NFR 
  • Fostering a sound risk culture from within – promotional strategies for local regulators and market participants 
  • Essential applications of the three lines of defence for Enterprise Risk Management 
  • Tightening AML/CFT measures – what are some of the solutions that can Japan consider? 
     

12:2513:20

Lunch

12:20 - 13:20

13:2013:40

Afternoon Keynote: An update on the global regulatory landscape and its local implications

13:20 - 13:40

Megan Butler

Executive Director of Supervision

Financial Conduct Authority (FCA)

Megan joined the Financial Conduct Authority (FCA) in September 2015 as Executive Director responsible for the supervision of Wholesale
Banking, Investment Management, Life Insurance and Financial Advice. Megan is also responsible for Specialist Supervision including Prudential, Financial Crime and Client Assets.

Megan was previously the Executive Director of International Banks Directorate at the Prudential Regulation Authority (PRA). She joined the Bank of England in
April 2013 as Executive Director of International Banks Directorate after moving from the Financial Services Authority (FSA).

Megan has been a supervisor since 2008, when she became Head of the Department responsible for the supervision of the UK operations of the major
investment banks. Prior to moving to supervision, Megan was Head of Enforcement Law and Policy at the FSA, and for a number of years chaired the
International Organization of Securities Commissions (IOSCO) Standing Committee 4 which is concerned with international enforcement cooperation.
Before moving to the Enforcement Division, Megan was Chief Counsel for Markets, heading the legal team responsible for advising on legal issues relating
to Official Listing, the regulation of exchanges and clearing houses, market conduct and the supervision of wholesale firms.

Megan joined the FSA in 2000. Before this, she spent several years at the London Stock Exchange in a variety of legal and non-legal roles, including Head
of Capital Markets.

Megan was called to the bar in 1987.

13:4014:20

Panel: A non-negotiable – ESG and climate related risk management

13:40 - 14:40

  • Updates on Japan Credit Rating Agency’s (JCR) Green Finance Framework Evaluation
  • Evaluating EU ETS’ sub-national system in Japan and its effectiveness for risk management 
Toru Morinishi

Head of Regulatory Strategy / Head of Sustainability Office

MIZUHO FINANCIAL GROUP

Toru Morinishi is the Head of Regulatory Strategy and Head of Sustainability Office for Mizuho Financial Group since 2018.  As the Head of Regulatory Strategy he is responsible for research and advocacy in relation to global financial regulation, and as the Head of Sustainability Office he is responsible for developing sustainability strategy for Mizuho.  Prior to his current roles he was a Senior Vice President of Strategic Planning Department since 2013.

In his previous positions, he was a senior credit analyst for project and structured finance deals in Mizuho’s London Branch during 2010-2013, and was engaged in investor relations in New York Branch during 2007-2010.

Miyuki Zeniya

Head of Sustainable Finance

The Dai-ichi Life Insurance Company, Limited

Ms. Miyuki Zeniya is Head of Sustainable Finance at The Dai-ichi Life Insurance Company whose AUM is about 35 trillion yen. She is responsible for ESG integration and promoting sustainable finance for all assets.

After she joined the Dai-ichi Life in 2013, she had been responsible for engagement and proxy voting since The Dai-ichi Life expressed the agreement with Japan’s Stewardship Code in 2014.

Prior to joining The Dai-ichi Life, she was a managing advisor for Polaris Capital Group and led a role to value up the investee companies as their board member. Prior to this she was Deputy President of Japanese regional bank, which was the first full-time female board member of banking industry in Japan. She also had an experience to lead IPO as CFO of HR consulting firm in 2000. She graduated with a bachelor’s degree in International Relations from Tokyo University of Foreign Studies. She started her career at Nomura Research Institute.

She was a member of a Forum for Integrated Corporate Disclosure and ESG Dialogue by METI and a member of PFA 21 Task Force for ESG Financial Strategy by MOE. From April of 2019 she is a member of Working Group of the NAP on Business and Human Rights by MOFA. She is also a member of PRI Japan Network Advisory Committee.

14:2014:45

Networking Break

15:30 - 16:00

14:4515:15

Presentation: Risk management for consumer lending market - New Frontier of Banking Business

14:45 - 15:15

15:1515:55

Panel: Gazing into the future and analysing emerging risks that will affect the Japanese market

16:40 - 17:20

  • The impact of low interest rates on Japanese bank, what is going to happen in the next 12 months?
  • The global geopolitical landscape – how will Brexit, the Coronavirus, US-China trade war, U.S elections, Hong Kong anti-extradition protests, and US–Japan trade deal impact local market participants?
  • Digital currency risk – how can Japan prevent cybersecurity and technological threats and cases like the Bitpoint incident from happening again?
Koji Takahashi

General Manager, Risk Management Department

Sompo Holdings, Inc.

General Manager Risk Management Department Sompo Holdings, Inc. 

Mr. Koji Takahashi is General Manger of Risk Management Department of Sompo Holdings, Inc.  He assumed the role in April 2018 and has been responsible for overall risk management of Sompo Group, which holds the largest Japanese P&C insurance company, Sompo Japan Nipponkoa Insurance, Inc.  

He is responsible for managing whole spectrum of risks around the complex business portfolio of Sompo Group by making robust Enterprise Risk Management framework. 

Prior to leading Risk Management Department, he was Managing Director of Sompo Insurance Singapore Pte. Ltd. (2016 to 2017).  Before assuming Managing Director role, he was Senior Division Manager of Corporate Planning Division where he was responsible for Risk Management, Governance and Compliance of the Singapore insurer. (2012 to 2015) 

His prior responsibilities also include Planning Manager at Reinsurance Department (2006 to 2012) and Aviation Underwriter at Aviation Insurance Department (1991 to 2003) of Sompo Japan Insurance, Inc. 

He has a degree of MBA from University of California, Irvine (2006), and BA from Sophia University, Tokyo, Japan (1991). 

Akira Yamamoto

Deputy Chief Manager, Risk Management Division

Mitsubishi UFJ Securities Holdings

Akira Yamamoto joined Mitsubishi UFJ Securities Holdings as Deputy Chief Manager in March 2014. He delivers his insights and solutions with regard to the optimized risk return in a wide range of risk assets including Loan, Derivatives, Real Estate, Funds, and Structured Finance from the perspectives of credit and market risk.

As a senior risk manager with 30 years of experience in the commercial and investment banking industries as well as a global rating agency, he has obtained an enhanced recognition among Japanese and non-Japanese institutional investors and made contributions to the public sector through the advisories specialized in Alternative products.

Prior to joining Mitsubishi UFJ Securities Holdings, Mr. Yamamoto spent more than ten years working at MUFG Bank until 2000 being engaged in the corporate loan underwriting. After that, he worked for Standard & Poor’s as a lead analyst specialized in Structured Finance, in addition to serving at Morgan Stanley as a head of Corporate & Structured Finance Credit Risk.

Mr. Yamamoto is a Financial Risk Manager - Certified by the Global Association of Risk Professionals.

Hiromichi Nishihara

Head of Risk Management

Government Pension Investment Fund

15:5516:00

Chairman’s closing remarks

17:20 - 17:25

16:0016:00

End of conference

17:00 - 17:01

09:0009:25

Online registration and virtual log-in

09:00 - 09:25

09:2509:30

Welcome remarks by Risk.net

09:25 - 09:30

09:3010:15

Panel: Taking a closer look at the Libor transition ‘to do’ and ‘checklist’

09:30 - 10:15

  • Fall-back provisions for products and transactions – key considerations
  • Making new product referencing Risk Free Rates available on your IT Systems – the challenges ahead
  • Operational procedures and employee training – how can market participants best prepare themselves?

 

10:1510:30

Presentation: Achieving operational resilience and operational risk post COVID-19

10:15 - 10:30

  • Dealing with disaster recovery
  • Minimizing operational risk by managing people (human errors), IT, organizational structure, fostering sound risk culture, and being prepared for compliance requirements  

10:3010:45

Q&A opportunity with panel speakers

10:30 - 10:45

10:4511:25

Panel: Incorporating ESG into your CSR, investment, and overall risk management strategy

10:45 - 11:25

  • How does your organization choose and implement the risk responses to the identified ESG-related risks?
  • Are members of the board aware of the ESG-related risks that could affect your company’s overall corporate strategy and business objectives?
  • The importance of adopting an ERM framework to help identify and manage ESG-related risks

11:2511:40

Presentation: The new Credit Value Adjustment (CVA) framework and mitigating XVA challenges

11:25 - 11:40

  • Diving into the new CVA capital framework: FRTB – CVA
  • CVA and the recognition of hedges
  • XVA challenges – dealing with legacy technologies

11:4012:20

ML and automation – opportunities and challenges

11:40 - 12:20

  • Leveraging ML and big data to reduce operational costs and enhance returns
  • How can risk managers tap into AI and Robotic Process Automation (RPA) technologies to automate their operations?
  • Data quality considerations and limitations for big data and Machine Learning – what you need to know
  • Empowering technology to supplement and/or replace the auditing process
  • The lack of internal quant talent and how it affects the effective use of ML

12:2012:25

Closing remarks by Risk.net

12:20 - 12:25

12:2512:25

End of virtual conference and Q&A opportunity with panel speakers

12:25 - 12:26