Risk Japan 2022 Programme

**Times are in JST


Chairperson’s Opening Remarks

09:00 - 09:05


Keynote Address: Moving Towards a more Resilient Future

09:05 - 09:30


Operational Resilience: Building upon the framework created

09:00 - 10:00

  • Japan’s position on operational resilience and what has been done
  • How to adjust governance frameworks to maximize resilience
  • Considering operational risks and protecting your institution
  • Creating consistency across the business to ensure regulatory compliance


Basel Updates: Optimizing capital and improving operations

09:00 - 10:00

  • Where is Japan with Basel frameworks and what work needs to be done?
  • Assessing impact on capital using stress testing and scenario analysis
  • Accounting for different risk factors and effects on capital floor requirements
  • Where will Basel frameworks move towards and climate change considerations?


Market Risk: Preparing for the imminent FRTB deadline

09:00 - 10:00

  • Managing parallel period between VAR and SA
  • Differences between SA and IMA and fitting business needs
  • Complexities of FRTB framework coexisting with SA-CCR


IBOR Updates: Will the insufficient liquidity effect the long-term RFR market?

09:00 - 10:00

  • What are the current updates on the transition from IBOR to RFRs?
  • Japan’s exposure to US Dollar LIBOR and the different cessation date impacts
  • Transitioning long term IBOR contracts to the new rates
  • Meeting customer needs and concerns about lack of liquidity


The Evolution of Japan’s Clearing and Collateral Management Market: New opportunities

09:00 - 10:00

  • The inevitable last phase of IM and the impact on the markets
  • Developments within Euroswap clearing and regulatory updates
  • Navigating OTC clearing and benefits and FX clearing exchanges
  • Evaluating ESGs impact on the clearing and collateral management markets


XVA Update in Japan: The advancements of the trading desks

09:00 - 10:00

  • Regulatory impacts on the XVA trading desks
  • SA-CCR’s influence on CVAs and adjusting credit valuations
  • The developments of DVA, FVA, MVA in the Japanese market
  • Importance of awareness of XVA within risk management 


ESG Risk: The shift in mindset for banks and financial institutions

09:00 - 10:00

  • Influencing decision makers and properly equipping the board to drive change
  • Latest updates on regulatory guidelines in Japan around ESG and what to do
  • Accounting for the risk factors in E, S, and G
  • Due diligence around environmental disclosures and reporting


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


Digitalization Impact: Cyber risk is here to stay

09:00 - 10:00

  • Using behavioural analytics to tackle information security challenges
  • What security by design is most safe and secure?
  • To what extent to allow third parties to penetration test systems?
  • What are the dangers of automating processes end to end?


Fraud and AML: The illusiveness of digital criminals

09:00 - 10:00

  • Digitalization’s role in helping or fighting fraud and AML
  • Developments in early detection and reporting
  • Case Study: The complexity of the modern fraudster and preparing systems
  • How can financial institutions unite in the fight against fraud and AML?


Model Risk Insights: Principles of model risk management

09:00 - 10:00

  • Applying proper governance structures around model risk
  • The challenges of using AI and ML and adhering to guidelines
  • Process of validating models and factors to consider
  • Using third-party models and implementing them into the system


Chairperson’s Opening Remarks

09:00 - 10:00


Basel Deep Dive: FRTB

09:00 - 10:00

  • What are the implementation challenges for SA and IMA
  • Data, organisation & regulatory issues faced by institutions in Japan
  • Solving the technology infrastructure risks and creating a resilient model
  • FRTB vs. other regulatory initiatives (UMR, CVA capital, SA-CCR) opportunities and threats


AML and Fraud Risk Deep Dive: The complexity of internal and external threats

09:00 - 10:00

  • The evolution of AML and Fraud Risk with digitalization and the adapting criminal
  • Infrastructure and systems to help respond as quick as possible
  • Detecting AML and Fraud early to prevent large theft operations
  • New innovative ways of fraudsters and using different means to launder money


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


Operational Resilience Deep Dive: The growing cyber risk

09:00 - 10:00

  • Creating resilient frameworks and using finding loopholes
  • Case study: What can we learn from recent cybersecurity attacks?
  • Understanding hacker behaviour and patching frameworks to be secure


AI & ML Highlights: Enhancing risk controls and governance

09:00 - 10:00

  • What are the recent developments of using AI & ML for risk management?
  • How can AI & ML be used to build better risk controls and governance?
  • New developments within AI & ML as the innovation to change risk management industry
  • Case study on the learnings of using AI & ML to enhance risk management functions