Programme

Programme

Risk Korea | Programme

 

08:00

Registration 

09:00

Chairperson Welcome Remarks

09:10

Localising global regulations: striking a balance with flexibilities

  • Deep dive at the Korean regulatory environment
  • Identifying the key and current regulatory themes
  • Developments in governance and banking internal control

09:45

Trade war shadow: weighing up external and domestic risk

  • What are the implications to the banking industry?
  • 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:
Dr. LEE Hyo Seob
, Research Fellow, Korea Capital Market Institute
Daniel Dongwon Yoo, Global Strategist, Head of Global Investment, Yuanta Securities Korea Co Ltd

10:25

Leveraging cognitive solution in regulatory compliance 

  • How AI identify and process regulatory updates?
  • How can AI play a role in compliance process and financial controls?
  • In-time alerts: the catalyst in making best informed decisions

10:55

Morning Coffee Break

11:25

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

Speaker:
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.

12:15

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

13:05

Lunch

14:10

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?
  • What are the underlying potentials in blockchain-powered solutions?
  • Leveraging digital to step across borders

14:40

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?

15:10

Afternoon Coffee Break

15:40

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

16:30

Closing remarks