Asia Risk Congress

08:00

Registration

08:45

Welcome remarks

Muthukrishnan Ramaswami, President, SGX

09:00

Keynote address

Eric Pan, Director, Office of International Affairs, U.S. COMMODITY FUTURES TRADING COMMISSION

09:30

Regulatory dialogue: Strengthening financial market resilience through cross-border regulatory cooperation

  • Managing the complex landscape of industry and country risk in the Asian financial markets
  • Latest initiatives in promoting cross-border cooperation in financial market reform
  • Resilience and vigilance: Asia's perspective on regional financial cooperation
  • Scaling back of regulations and its impact on the region

Speakers:
Toshio Tsuiki,
Deputy Secretary General, BASEL COMMITTEE ON BANKING SUPERVISION
Teresita Herbosa, Chairperson, SECURITIES AND EXCHANGE COMMISSION PHILIPPINES

10:20

Morning Coffee break

Stream 1: Regulations

10:50

Presentation: A Forensic Analysis on Asset Bubbles - What Can We Learn From Past Crashes?

  • Early warning signs of asset bubbles
  • What do asset bubbles in the past tell us about Asia today
  • Who is the last (wo)man standing? Identifying banks and corporates with resilient credit fundamentals

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

11:40

Presentation: The Fundamental Review and its outstanding issues

  • Quick recap of the FRTB market risk framework and its difference from Basel II.5/III
  • Examining the revised capital framework and specifics for new and revised elements
  • Assessing the biggest challenges in achieving the objective set for FRTB
  • Addressing the implementation issues
  • Best practices

12:10

Presentation: Scaling up data governance strategies for BCBS 239

  • Data governance compliance and deliverables
  • Data accessibility, integrity and quality
  • Integration of data across risk and finance function for reporting and analytics

12:20

Presentation: Mastering MiFID II for Asia Pacific

  • Understanding the implementation challenges and cross-border implication
  • Preparing for MIFID II outreach and repapering
  • Buyside vs Sellside Impact
  • Addressing the APAC obligations under MiFID II
  • Current state of MiFID II compliance in APAC - interactions with the EU marketplace

Stream 2: Margin and derivatives

10:50

Panel discussion: Latest development and trends in the centrally-cleared derivatives market

  • What impacts of the latest margining rules are expected to have on the cleared markets?
  • Assessing the impact of Brexit on regulations of CCPs
  • Latest development and driving force for increase in FX clearing volume
  • Technology in clearing and settlement - is Distributed Ledger Technology a revolution or evolution?

Moderator:
Stanley Park,
Managing Director, Head of Legal - Asia Pacific Region, SCOTIABANK
Speaker:
Senior Representative, LCH

11:40

Presentation: Optimisation and cost efficiency in initial margin processing

  • Understanding the true impact of initial margin
  • Gearing up for MVA adoption: approaches and methodologies
  • Techniques and tools in implementing a quick MVA pricing process
  • Managing increasing computational challenges and costs as newer XVAs emerge

 

12:10

Presentation: The new XVA challenge - Valuation adjustment for derivatives in the new world

  • History of XVA
  • Current market practice
  • The Bloomberg solution

Fabio Mercurio, Global Head of Quantitative Analytics, BLOOMBERG

12:20

Presentation: Automation - the key for collateral management

  • Moving from traditional product silos and manual solutions to automation
  • Standardising collateral management practices across legal, sales, middle and back offices
  • Improved data architecture to facilitate complicated trades
  • Prevalence of multi-instrument collateral management platforms

Farid Rahba, Head of Product Management for Collateral Management, MUREX

Stream 3: Future of risk technology and risk analytics

10:50

Panel discussion: Firm wide risk management achieved with artificial intelligence (AI)

  •  What are the right risk frameworks appropriate to your level of automation?
  • Risk implications of using robotics - how do you control automation in the era of digitalization?
  • How can technology help you comply with new regulations?

Speakers:
Jamie Vachon,
Head of Information Technology, EASTSPRING INVESTMENTS
Tomasz Kurcyzk, Digital Transformation Director, AXA

11:40

Presentation: Innovation in the in-house built risk management framework

  • What are the most important recent risk framework innovations, and what are the current trends?
  • What are the infrastructure implications of these trends?
  • Innovation in risk systems - benefits vs cost of in-house risk framework development
  • Are banks right to give clients access to their in-house risk management and trading tools?

12:10

Presentation: Different data visualization heat maps for a risk manager and a portfolio manager

  •  What does the visualization of a data heat map looks like?
  • How to read data to identify value and customers?
  • Turning data into practical implementation
  • Applications enabling banks to identify data from the structured and unstructured data
  • New ways how to visualize data

12:20

Presentation: Liquidity risk management framework and machine learning application

  • Market liquidity
  • Redemption forecast
  • Portfolio liquidity optimization

12:40

Lunch

13:40

Panel discussion: Navigating the new margin requirements

  • Assessing the post variation margin derivatives market
  • Implementation considerations and challenges
  • Post Initial Margin phase in - what are the outstanding issues?
  • Efficiency and control in margin call, collateral posting and administration

Speakers:

Benjamin Deng, Head of Group Investment Solutions & Derivatives, Group Investment, AIA GROUP
Nick Horn, Senior Financial Risk Advisor, SUNCORP GROUP
Joe Streeter, Core Collateral Management Product Manager, BLOOMBERG
Filippo Santilli, Managing Director, BNY MELLON MARKETS

15:00

Panel discussion: Effective investment strategies to balance risk and returns in volatile markets

  • What are the top external factors that institutional investors are wary of?
  • Asset allocation and product strategies in a low return and volatile market
  • The 'new' wave of outward foreign direct investment:
    addressing the key drivers behind the shift
  • Do alternative assets diversify portfolio risks or do they entail more risks?

Moderator:
Jochen Markus Schmitmann,
Resident Representative, Singapore, INTERNATIONAL MONETARY FUND
Speakers:
Brijesh Chopra
, Managing Director, Investment Risk Management, Capital Markets, ONTARIO MUNICIPAL EMPLOYEES RETIREMENT SYSTEM (OMERS)
Benjamin Deng, Head of Group Investment Solutions & Derivatives, Group Investment, AIA GROUP
Edouard Hoepffner, Head of Investment Services, Asia, UNION BANCAIRE PRIVÉE
Robert Samson, Senior Portfolio Manager, NIKKO ASSET MANAGEMENT

15:50

Afternoon coffee break

16:10

Panel discussion: ESG, a new buzzword for investors

  •  Outlook on trends in ESG investment in Asia
  • Latest efforts in aligning factor and exposures to target sustainable returns
  • Techniques and analytic tools in measuring risk and performance in ESG investing
  • Integrating ESG into a long-term investment strategy for financial, strategic and societal returns

16:40

Panel discussion: China's growing influence on Asian financial markets

  • Asian equities market and China's interbank bond market- developments and opportunities
  • Assessing the latest market development, policy reform and challenges in Chinese markets
  • Managing liquidity and volatility in China investments
  • Index innovation - what's in it for investors?
  • Looking beyond the potential benefits of increased demand for China A-shares ahead of the major index changes

Speakers:
Sailesh Jha,
Senior Advisor, BANJARAN ASSET MANAGEMENT
David Lai, Partner and co-Chief Investment Officer, PREMIA PARTNERS
Manish Singhai, Head-Asian Equities, TOKIO MARINE ASSET MANAGEMENT
Victoria Mio, Chief Investment Officer, Fund Manager, ROBECO CHINA EQUITIES FUND

17:30

Closing remarks and end of congress