Programme

Programme

Risk Japan 2022 Programme

**Times are in JST
JUNE 28, 2022 | In-person conference

09:0009:05

Chairperson’s Opening Remarks

09:00 - 10:00

Shinichi Yoshiya

Head of Regulatory Affairs for Japan and APAC

Morgan Stanley MUFG Securities

Shinichi Yoshiya is Head of Regulatory Affairs for Japan and APAC in the Legal Division of Morgan Stanley. Mr. Yoshiya covers a broad range of complex cross-border financial regulatory matters and transactions for Morgan Stanley’s Japan and Asia Pacific region including ESG, OTC derivatives regulations of Japan, U.S. and EU, the Volcker Rule, Resolution Stay, MiFID2, Brexit, LIBOR and Basel 3 capital rules. Prior to joining Morgan Stanley, Mr. Yoshiya was an attorney at Davis Polk & Wardwell LLP advising on financial regulatory matters. Mr. Yoshiya has held academic appointments at Duke University Law School as Visiting Professor and currently teaches global financial regulations at Meiji University Law School. Duke University, Law School (LL.M.), Aoyama Gakuin University, Business School (M.B.A.), Sophia University (LL.B.). Mr. Yoshiya is admitted to the bar of the state of New York.

09:0509:30

Keynote Speech: Financial stability issues and challenges – What lessons have we learned from COVID-19?

00:00 - 00:01

Mr. Makoto MINEGISHI

Deputy Director-General, Financial System and Bank Examination Department

Bank of Japan

Mr. Makoto MINEGISHI joined the Bank of Japan in 1994. He currently represents the Bank on the Basel Committee on Banking Supervision (BCBS). Since 2014, he participated in international discussion around prudential issues as a member of various groups of the Basel Committee and the Financial Stability Board. Between 2015 and 2017, as the Head of Financial Institutions Division 3, he was engaged in off-site monitoring of financial institutions.

Prior to working in the area of financial stability, he held various senior positions in Research and Statistics Department and Monetary Affairs Department. During 2007-2010, he was an economist at the Economics Department of the Organisation for Economic Co-operation and Development (OECD).

Mr. Minegishi holds a Master’s degree in Public Administration from Kennedy School of Government at Harvard University (in 2000) and a Bachelor of Laws degree from Hitotsubashi University (in 1994).

09:3010:10

ESG Risk Data: Understanding the intricacies of ESG

09:00 - 10:00

  • What are the top metrics to measure E, S, and G?
  • The inconsistencies of ESG risk data and proper standards
  • How to handle the variety of sources of data and complying with Japan markets?
  • Looking at the qualitative nature of ESG risk data and interpreting it
Shinichi Yoshiya

Head of Regulatory Affairs for Japan and APAC

Morgan Stanley MUFG Securities

Shinichi Yoshiya is Head of Regulatory Affairs for Japan and APAC in the Legal Division of Morgan Stanley. Mr. Yoshiya covers a broad range of complex cross-border financial regulatory matters and transactions for Morgan Stanley’s Japan and Asia Pacific region including ESG, OTC derivatives regulations of Japan, U.S. and EU, the Volcker Rule, Resolution Stay, MiFID2, Brexit, LIBOR and Basel 3 capital rules. Prior to joining Morgan Stanley, Mr. Yoshiya was an attorney at Davis Polk & Wardwell LLP advising on financial regulatory matters. Mr. Yoshiya has held academic appointments at Duke University Law School as Visiting Professor and currently teaches global financial regulations at Meiji University Law School. Duke University, Law School (LL.M.), Aoyama Gakuin University, Business School (M.B.A.), Sophia University (LL.B.). Mr. Yoshiya is admitted to the bar of the state of New York.

Masayuki Matsuyama

Senior Economist Chief Manager

Development Bank of Japan Inc.

Naho Nakakubo

S&P Global Sustainable1, ESG Solutions Director

S&P Global Sustainable1

At S&P Global, Naho Nakakubo is responsible for ESG Business Development in Japan. Prior to joining S&P Global, she provided ESG advisory as well as third party assurance services at Deloitte. She has an extensive career in sustainability, including the experience at Vigeo Eiris (part of Moody’s Corp), Eiris Foundation and Human Rights Watch in the UK. In recent years, Naho has published academic papers in the field of AI and ESG.

London School of Economics and Political Science (LL.M.), Kyoto University (LL.B.)

Alexander Pui

Executive Manager - Climate Scenario Analytics

Commonwealth Bank

✔International and cross cultural experience (Australia, Singapore, Japan)
✔Intellectually curious, but commercially pragmatic and client focused problem solver
✔Successful track record of end-to-end new product development by leveraging the latest science and tech
✔Effective and engaging presenter, with previous speaking engagements at Harvard, The Economist, World Bank and UNEP among others
✔Thought leader within (re)insurance, catastrophe risk management and climate risk - evidenced by strong industry publication record

10:1010:40

How to utilize data science and alternative data for macro indicators and other predictions?

00:00 - 00:01

  • Why and how to use natural language processing (NLP) for macro indicators forecasting and other use cases?
  • Practical implementation of several projects with Tokio Marine and SESAMm
  • Sentiment data applicability and specificities for macro use cases
  • Results obtained and advantages of using machine learning and alternative data
Sylvain Forté

CEO

SESAMm

Sylvain is the co-founder and CEO of SESAMm, an innovative fintech company specializing in big data and artificial intelligence for investment.
Its team builds analytics and investment signals by analyzing billions of web articles and messages using natural language processing and machine learning, the core technologies behind SESAMm products TextReveal and SignalReveal.
Holding a double degree in engineering made in France and Germany, Sylvain's passion for artificial intelligence and finance led him to create SESAMm in 2014.
The company has offices in Paris, New York, Tokyo, and Tunis and works with major hedge funds, banks, and asset management clients around the world for both fundamental and quantitative use cases.

Toranosuke Onishi

Member of Global Fixed Income Investment Group

Tokio Marine & Nichido Fire Insurance Co. Ltd

Toranosuke Onishi is member of Tokio Marine Nichido&Fire Insurance Co. Ltd and works as a data scientist and foreign interest rates analyst. He is one of the persons in charge of collaboration project with SESAMm.

He holds a Bachelor degree in Economics from the University of Tokyo (graduated in 2020).

Yusuke Tomishima

Manager of ALM & Asset Allocation Group, Financial Planning Department

Tokio Marine&Nichido Fire Insurance Co. Ltd

Yusuke Tomishima works as a data scientist and a quants at Tokio Marine.

He holds a Master’s degree in Physics (University of Tokyo) and an MBA in Finance (Hitotsubashi University Business School), is a CFA charterholder, and is an author of several books commercially published in Japan, China, Taiwan, and Korea.

10:4011:00

Climate transition finance and climate-related risk management

00:00 - 00:01

  • How Japan has developed its own climate transition finance framework
  • Nexus between climate transition finance and risk management
  • Dynamic, flexible, and interactive transition anchored by credible transition pathways
Satoshi Ikeda

Chief Sustainable Finance Officer

Financial Services Agency, the Government of Japan

In March 2019, the Financial Services Agency of Japan (JFSA) decided to create the position of Chief Sustainable Finance Officer (CSFO), to plan and coordinate on promotion of sustainable finance internally and globally. Upon its creation he was appointed, and has been serving, as the first CSFO.

In this capacity, he covers a wide range of issues concerning sustainable finance which include, among other things, aligning private finance with the Sustainable Development Goals (SDGs), promoting TCFD disclosures by business corporations and financial institutions alike, acting as Vice-chair of the Impact Investing Roundtable co-organized by GSG National Advisory Board of Japan and JFSA, and serving as Co-chair of the Work Stream on ESG Data and Ratings of the IOSCO Sustainability Taskforce as well as Co-chair of the Work Stream on Climate Disclosures of the FSB.

11:0011:30

Networking Break

00:00 - 00:01

11:3011:55

Holistic Credit Risk Assessment: Safe unbiased modelling

09:00 - 10:00

  • The growing use of AI and ML in credit modelling and the benefits
  • Do the models provide ethical decisioning and how to adjust for different variables?
  • Case study: Using a cautious approach to alternative data
  • Forgotten factors to credit risk assessments
Yutaka Sakurai

Head

AI Finance Application Research Institute

Yutaka Sakurai is data science and AI expert with a strong background in Financial theory and practice. After more than twenty years' experience of fund manager, trader and quant in Bank of Tokyo-Mitsubishi and Sony Bank, he became a managing director of Research and Pricing Technology Inc.  in 2010. He started AI Finance Application Research Institute in 2017. He published a number of books on Finance and AI.

Hiroyuki Yoshizawa

Executive Director

S&P Global Market Intelligence

Hiroyuki Yoshizawa is an Executive Director and head of product in IHS Markit Japan GK.

He leads the business development across fixed income pricing, derivative valuation Service, illiquid asset valuation, and financial data solution.

His business offers the solution to risk management, regulatory compliance and accounting correspondence that are facing liquidity data challenge of financial instruments under recent circumstances. He is also involved in many discussions of data approach investment strategy.

Prior to joining IHS Markit, he had been a fixed income trader for more than 25 years in international banks and actively traded various credit, structured, and emerging market products.

11:5512:25

The Guidebook to Manage the Ever-Changing AML/KYC Challenges

00:00 - 00:01

  • Digital climates and changing customer behaviour: new challenges to AML leaders 
  • Innovation in analysis: how should firms implement modern technologies to identify suspicious behaviours at granular/individual levels.
  • How to take advantage of modern technologies to allow top managements to grasp and asses conduct risks  
Kazunari Ohashi

Representative Director

CLSA Securities Japan Co. Ltd.

Mr. Ohashi is a graduate of Tokyo University, later studied at Harvard Law School, and is an attorney at law from the New York State Bar. He started his career with the Bank of Japan where he was based in the Financial System Department. Following that he did a secondment as a Senior Economist at the IMF, before returning to the Bank of Japan as a Director of the Bank Supervision Department. He has subsequently held senior level positions within 3 other financial institutions before joining CLSA, Japan in 2018 as the Head of Compliance.

His publications include "Japan’s Distressed-Debt Market” (May 2004, IMF Working Paper), "A Case for Reforming the JGB Market” (July 1998, Bank of Japan Working Paper), "Experiences of Three Eastern European Countries During the Russian Crisis – An Analysis of “Contagion’” ( March 1999, Bank of Japan Working Paper)”.

Daiki Tanaka

Surveillance Technical Officer

Credit Suisse Securities (Japan) Limited

Daiki is APAC Surveillance Technical Officer at Credit Suisse Securities since Apr 2022.

He is the lead and key coordinator to align upgrade of Transaction Monitoring, Name Screening and Trade & eComm surveillance model and tools across APAC in line with global strategic direction.

For more than 15 years, he has been engaged in trade surveillance at Morgan Stanley, Goldman Sachs, Deutsche Bank, and BNP Paribas.

After graduating from Simon Fraser University (BBA), he worked as an actuary for a consulting firm and a casualty insurance company.

Takashi Yagi

Head of Compliance

CLSA Securities Japan

Takashi is Head of Compliance for CLSA Securities Japan, where he joined recently after working for Deutsche Bank Group from 2013 to 2022. He covered Regulatory Relation and Core Compliance in Compliance Department in Deutsche Securities and Head of Compliance for Deutsche Bank Tokyo Branch. Before joining Deutsche Bank Group, he worked for Morgan Stanley and Societe Generale as Senior Compliance Officer. Before that, he worked for Bank of Japan from 1997 to 2013, where he mainly engaged in supervision of financial institutions, and creation and implementation of international financial regulation of Basel Committee and FSB. He holds a MBA from University of Oxford (2002), MSc from University of Reading (2003) and Bachelor of Law from University of Tokyo (1997).

12:2512:40

Case Study: Operational Resilience

00:00 - 00:01

Ken Utsunomiya

Operating Officer, Joint Head of Operations Group, Joint Head of Global Operations

Mizuho Securities

Joined Nippon Credit Bank in 1996. He has been engaged in the development of the BOJ RTGS and securities settlement system in Mizuho Securities Co., Ltd. since 1999.

After that, he joined BNP Paribas Securities in 2000, and worked on IT system development in the back division until 2012. From 2004 to 2006, worked at BNP Paribas (London) to develop a global bond trading platform. After returning to Japan, he took up the post of Head of Operations and later concurrently held the banking division. Finally, as Head of IT and Operations, he oversaw IT infrastructure, IT security and IT governance, as well as IT and operations for each product.

From 2010 to 2012, he served concurrently as Auditor of Japan Government Clearing Corporation.

Joined Societe Generale Securities /Bank and Lyxor Asset Management in 2012. As COO, he led the start-up of flow business, integration with Newedge Securities with the achievement of Japanese incorporation (KK) , and renovation project of back office system. In addition, we constructed an office environment for work style reform in conjunction with office relocation.

July 2018, Joined Mizuho Securities. As COO of the Global Markets Division, he has worked across products to build GTOM (Global Target Operating Model Committee) to promote the establishment of Business and IT infrastructure from a front-to-back perspective, and since April 2020 has also served as Global Joint Operations Head in Operations. In April 2021, he also started the mission of Attached to FG CIO and is taking charge of the overseas IT structural reform of Mizuho Financial Group. In addition, Joint Head of Operations Group has been added since April 2022.

12:4012:45

Chairperson's Closing Remarks

00:00 - 00:01

Shinichi Yoshiya

Head of Regulatory Affairs for Japan and APAC

Morgan Stanley MUFG Securities

Shinichi Yoshiya is Head of Regulatory Affairs for Japan and APAC in the Legal Division of Morgan Stanley. Mr. Yoshiya covers a broad range of complex cross-border financial regulatory matters and transactions for Morgan Stanley’s Japan and Asia Pacific region including ESG, OTC derivatives regulations of Japan, U.S. and EU, the Volcker Rule, Resolution Stay, MiFID2, Brexit, LIBOR and Basel 3 capital rules. Prior to joining Morgan Stanley, Mr. Yoshiya was an attorney at Davis Polk & Wardwell LLP advising on financial regulatory matters. Mr. Yoshiya has held academic appointments at Duke University Law School as Visiting Professor and currently teaches global financial regulations at Meiji University Law School. Duke University, Law School (LL.M.), Aoyama Gakuin University, Business School (M.B.A.), Sophia University (LL.B.). Mr. Yoshiya is admitted to the bar of the state of New York.