Risk Conference 2003 - "Managing Risk in a Changing Environment"
Singapore, 27 June 2003...The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) are organising a two-day Risk Conference on 30 June and 1 July 2003. The Risk Conference is titled "Managing Risk in a Changing Environment." The first day of the conference will focus on consumer banking risk management issues while the second day will focus on business continuity management (BCM) issues.
2 The consumer banking landscape in Asia is changing rapidly due to market liberalisation, deregulation, increasing affluence and customer sophistication. While these developments present several opportunities for industry players, they also underscore the importance of managing risk in such an environment.
3 The events of September 11, the recent Severe Acute Respiratory Syndrome (SARS) outbreak and the international war on terrorism have led to a heightened awareness that unexpected events that can seriously disrupt business operations. For the financial sector, its complex nature dictates the need to revisit BCM efforts.
4 Leading industry practitioners and regulators will be speaking at the conference. Mr John Palmer, Deputy Managing Director (Prudential Supervision), MAS, will deliver the keynote speech on 30 June at 9.15 am. The speech will be open for media coverage. Mr Paul Wright, Head of Department (EU, Japan and US Institutions), Financial Services Authority (United Kingdom), will be speaking on BCM developments in Europe.
5 Please see Annex A for the full list of topics and speakers.
RISK CONFERENCE 2003 "MANAGING RISK IN A CHANGING ENVIRONMENT" Day One - "Consumer Banking in Asia"
9.15 am Keynote Speech John Palmer Deputy Managing Director (Prudential Supervision), Monetary Authority of Singapore
10.15 am Consumer Banking in Asia - Opportunity of the Decade but What Are the Risks? Frits Seegers Executive Vice President, Asia Pacific Group Head, Citibank Consumer Bank
11.15 am Process and Progress in Consumer Risk Management Mike DeNoma Group Executive Director, Consumer Banking, Standard Chartered Bank
1.30 pm The Role of Consumer Banking in Balance Sheet Management Dr. Yuen Wee Chian Director, BRM Consulting Pte. Ltd.
2.30 pm Securitisation of Consumer Debt - A Useful Tool for Risk Management? Sandeep Singh Managing Director, Credit Derivatives Group, DBS Bank
4.00 pm Estimating Economic Capital for Consumer Credits Chris Matten Executive Director, Financial Risk Management, PricewaterhouseCoopers
5.00 pm Expanding Into New Consumer Markets - What to Look Out For? Edmund Lin Vice President, Financial Services Practice, Bain & Company Asia
RISK CONFERENCE 2003 "MANAGING RISK IN A CHANGING ENVIRONMENT" Day Two - "Business Continuity Management"
9.00 am Prudential Supervision and Business Continuity Management (BCM) Enoch Ch'ng Executive Director (Specialist Risk Supervision), Monetary Authority of Singapore
9.45 am BCM Developments in Europe Paul Wright Head of Department, EU, Japan and US Institutions, Financial Services Authority, U.K.
10.45 am The Role of Essential Services Providers in BCM Chang Swee Tong GM, Network Management, PowerGrid Ltd