Programme

08:00

Registration 

09:10

Keynote address:

Korea banking industry risk dialogue 2019

• Status of Financial Market and Banking Industries
• Potential Risk Factors about Banking Industries
• What is Banking Supervision Direction?

JungRyul Kim, Team Head/Risk analysis of Banking Risk Office,  Financial Supervisory Service

09:45

Trade war shadow: weighing up external and domestic risk

• 2019 global economy outlook: risks, trends and opportunities
• What are the implications to the financial institutions?
• Navigating through the volatile financial market: from a domestic risk perspective
• Rising credit risk: drivers and solutions
• Economist forecast: External trade risk and economy recession implications

Moderator:
Dr. Woong Yong Park, Assistant Professor, Seoul National University

Panelists:
Suktae Oh, Chief Korea Economist, Société Générale
Chong Hoon Park, Head of Korea Economic Research, Standard Chartered Bank Korea
Dr. LEE Hyo Seob, Senior Research Fellow, Korea Capital Market Institute
Daniel Dongwon Yoo, Global Strategist, Head of Global Investment, Yuanta Securities Korea Co Ltd

10:35

Morning Coffee Break

11:05

Trends, pitfalls and AI-based approaches to tackle financial crimes

• Diagnosing various forms of financial crime versus evolving prevention and fix
• How to establish an effective defense against money laundering and fraud?
• How to embed AI capabilities in reading the traits?

Daniel Nagle, Financial Crimes Insight Global Technical Sales Leader, IBM

11:50

Comparison between FRTB SA and ISDA SIMM

• Structure of Generation Processing for the FRTB SA and ISDA SIMM
• What different they are & What challenges we have
• Right Way to Implement IT system for them

Jong Gon Park, CEO, ITS Company

Panel Discussion: What are the challenges for FRTB in Korea Banks

Moderator:
Jong Gon Park, CEO, ITS Company

Panelists:
Kyuman Heo, Senior Manager, Financial Supervisory Service
Hyunjin Shin, CRO, KB Financial Group
Jaehee Cho, CRO, Shinhan Bank
Eungkyoo Cho, Executive Director & Risk Consultant, Korea Risk Mgt.

12:40

Lunch

14:00

Managing new challenges in the uncleared margin regulation landscape

• Getting ready for phase 5 initial margin (IM) implementation
• IM regulatory requirements
• Implications for entities coming into scope
• Leveraging technology in streamlining IM, the need for automation

Speakers:
Jing Gu, Senior Counsel, International Swaps and Derivatives Association, Inc.(ISDA)
Trevor Negus, Global Product Manager, SmartStream Technologies

14:50

How is digital shaping Korean financial landscape?

• What is FSC’s pro-fintech approach: the revamping regulations and impact?
• How to evolve data strategies and infrastructure with flexibilities?
• Implementing the overall digital transformation strategy
• Leveraging digital to step across borders

Youngsuh Cho, Head of Digital Strategy, Shinhan Financial Group

15:20

Afternoon Coffee Break

15:50

Korea’s benchmark reform: towards the new phase in 2021

• 3-month certificate of deposit rates: risk and opportunities
• KRW CD vs Overnight Rate: the discounting OTC derivatives dilemma
• Reforming benchmark discussions in both global and Korean context
• Advantages and disadvantages of alternative benchmark rate
• Establishing KRW OIS market for the KRW Risk-free Rates when collateralised portfolios are valued

Moderator:
Hyelin Han, Director, Public Policy, International Swaps and Derivatives Association, Inc.(ISDA)

Panelists:
Inseok Baek, Research Fellow, Korea Capital Market Institute
Daniel Kim, CRO/Head of Risk Mgmt & Credit, Nomura Financial Investment (Korea) Co., Ltd
Jindong Kim, Senior Manager/ Quant, KEB Hana Bank

16:40

Closing remarks

Sangsun Kang, Director of Risk Management, Korea Local Finance Association