Risk Japan Conference | 4 June 2019, Tokyo 




Welcome remarks


Keynote address

Stream 1: Risk Management


Future of non-financial risk supervision and management

  • Increasing importance and regulatory expectation in non-financial risks (NFR)
  • Holistic view and taxonomy of NFR
  • Practical tools and strategies for effective NFR management in a fast-changing market and risk management environment

Shiro Katsufuji, Director, Center for Risk Management Strategy (CRMS), Deloitte


Prioritising risk management in the era of transition

  • Basel final rules implementation and outstanding issues
  • Cross-border and extraterritorial application of financial regulation
  • Implementation gap across different jurisdictions and what works best for Asia 
  • Review and define risk appetite framework relevant for shifting business strategies
  • Strategies in optimizing balance sheet, capital position and risk-return profile 
  • Drivers and priorities in non-financial management

Shiro Katsufuji, Director, Center for Risk Management Strategy, Deloitte Touche Tohmatsu LLC

Yuji Nakata, Executive Managing Director, Group Entity Structure & Co-CRO, Nomura Securities Co., Ltd
Toshihiro Yanase, Senior Manager, Global Compliance Officer, Sumitomo Mitsui Trust Bank
Toru Morinishi, Head of Regulatory Strategy / Head of Sustainability Office, Mizuho Financial Group


Networking break


What’s the data telling us on credit risk in China?

  • Drivers of change in the Chinese credit markets
  • SWOT analysis on China’s credit fundamentals
  • Trade tariff risks and impact on Chinese corporates 

Michelle Cheong, Director, Credit Solutions, S&P GLOBAL MARKET INTELLIGENCE


Key drivers of CVA loss

  • Recent announcement on CVA loss
  • CVA methodology – from add-on table to Monte-Carlo simulation
  • Technology challenges on portfolio-scaled simulation – from on-premise to cloud

Eric Takigawa, Managing Director, IHS Markit

Stream 2: Investment Management


Liquidity and Innovation in ETF trading 

  • Challenges in estimating the depth of ETF market among institutional investors
  • Managing your execution cost, how and when to trade what exposure
  • How to access liquidity directly and efficiently 
  • How are fund allocation practices being impacted by changes brought by technologies?
  • Technological solutions to better investment outcomes

Future of Equity Derivative Markets

  • Strategies for navigating volatility 
  • Interpreting vol-of-vol dynamics and correlation
  • Determining best measures and strategies for investors and structuring trades
  • Innovative strategies for hedging of auto calls and risk transfer
  • Applications of automation to equity options hedging
  • How does the Uridashi market compare to other structured products in APAC

Networking break


Quantum computing strategies – State of Play

  • Current state of quantum computing and how will it change the finance world 
  • Leveraging in-house data for better trade executions
  • Developing in-house quant research teams
  • Using quants to model volatility and liquidity




Executive address: Outlining short and long term risks of the Japanese financial system

Seisaku Kameda, Deputy Director-General, Financial System and Bank Examination Department, Bank of Japan


Insurance and Sustainable Development 

  • How will insurance companies respond to the emerging risks such as digital disruption, social risk and climate change for sustainable insurance, ALM, compliance risk and ESG investment?
  • How will the concept of the Long-term Corporate Value change their strategy? 

Goto Shigeyuki,  Director, Center for Risk Management Strategy, Deloitte Touche Tohmatsu LLC

Sachiko Izumi
, Statutory Executive Officer and Senior Vice President, Head of Risk Management, Metlife Insurance K.K.  
Keiichi Nakajima, Associate Director, General Manager, Corporate Planning Department, MS&AD Insurance Group Holdings
Mariko Nakabayashi, Professor, Risk Management and Insurance, Graduate School of Commerce, Meiji University


Agile risk and finance analytics to optimise regulatory and business strategy 

  • Drivers for innovation and operationalization of new tools, intelligence and controls
  • Overcome data silos and harness potential synergy across different banking units
  • Strategies to modernize data, process and deploy advanced data analytics
  • Using big data to comply with regulatory requirements and drive business strategy

Building culture and deepening conduct

  • Reviewing increasing regulatory focus on conduct and culture
  • Conducting an organization-wide risk assessment to identify weak links
  • Benchmarking as a tool for managing culture
  • Role of non-executive directors and permeating culture


Coffee Break


Chief Economist roundtable: Emerging risks and opportunities facing the Japanese economy

  • What is the outlook on macro-economic conditions, Post-QE and impact on Japanese financial market?
  • What are the latest price developments and BOJ’s YCC/ ETF buying policies?
  • What will be the upcoming focus on Prime Minister Abe’s economic agenda?
  • What might be the ripple effect from heightened trade and geopolitical tensions?

Mr. Naoyuki Haraoka
, Executive Managing Director, Japan Economic Foundation

Kyohei Morita,  Managing Director / Chief Economist Japan, Credit Agricole Securities Asia B.V., Tokyo Branch
Naoki Murakami, Economist, Asset management One CO., LTD
Nobuyasu Atago, Chief Economist, Okasan Securities Group 


Closing Remarks and End of Conference