Risk Japan Virtual: 2021 Programme


Chairperson’s Opening Remarks | Day 1

09:00 - 09:05


Keynote Address

09:05 - 09:30


Hesitancy with LIBOR: Preparation for the transition

09:30 - 10:15

  • What have we learned from the markets response to new alternative rate products
  • New transitional rate and how it will impact the timeline
  • Operational inefficiencies that still plague the banks
  • How to prepare for the potential dangers of the ‘wait and see’ approach from the market 


Opportunity to Build Efficiency Around Operations with UMR Phase 5

10:15 - 10:55

  • How to navigate through new legal agreements for IM exchanges
  • The challenges of working with third-parties and complying with UMR
  • Opportunity to build efficiency around collateral management workflows
  • How to manage risks with the new SIMM calibration process


Navigating the Challenges of FRTB Data Issues

10:55 - 11:35

  • How to choose between the standardised approach and internal approach
  • The benefit of having a standardised data regulation
  • Mitigating capital risks and monitoring capital ratio requirements
  • Solving the technology infrastructure risks and creating a resilient model


Collaborating Together to Build an ESG Driven Market

11:35 - 12:05

  • How Japan has responded to the environmental concerns and obliging to TCFD reporting
  • Monitoring supply chain for businesses to advocate for sustainability
  • What products are available and how to support the ESG investments
  • New technologies that are being utilized within ESG


Creating Model Risk Management Frameworks: Preparing for model fallibility

12:05 - 12:45

  • Building model risk management infrastructures to mitigate damage
  • What does a proper model risk governance and model risk validation look like
  • Navigating model risks with a lack of data support
  • Improving model performances using AI and machine learning


End of Risk Japan Day 1

12:45 - 12:50


Approaching Credit Models with Uncertain Factors

09:00 - 09:45

  • The differences between approaching credit risk as a small bank vs large bank
  • How to approach customers unable to repay loans
  • Basel’s impact on building credit models and how to maximize effectiveness
  • How to utilize technology to optimize credit risk models
  • How to adjust for prolonging debt forgiveness but having enough room to invest


The Digital Era: How to mitigate risks during the transformation?

09:45 - 10:25

  • What are risk controls that can be placed?
  • The plethora of risks when digitalizing banking
  • Educating employees to be aware of working environments
  • Building efficient systems with the new normal


The Evolution of Fraud and AML: Internal and External Threats

10:25 - 10:50

  • The digitalized world and unknown types and sources of threats
  • Transactional behaviour and how it impacts systems and controls
  • The challenge of early detection and reporting
  • Fraud and AML regulatory compliance in Japan
  • How to utilize cloud technology to enhance fraud risk detection


Buy-side Perspective: The Uncertainty Behind Liquidity Risk

10:50 - 11:30

  • What is Japan’s current position with regulations for liquidity risk?
  • What to be aware of for liquidity risk regulations in 2022?
  • How to understand the liquidity threshold for different products?
  • With varying levels of liquidity, how to create a risk mitigation framework?


The Potential of Cryptocurrency: How to navigate the volatility and unpredictability?

11:30 - 12:00

  • How does the Japanese market view cryptocurrencies?
  • The viability of cryptocurrency as an asset class or currency
  • What are the risks that still exists even with strong regulations from FSA?
  • Are the regulations to constrictive for the growth of cryptocurrency in Japan?


Business Continuity Management: Building an operational resilient risk framework

12:00 - 12:40

  • The growing risk of cybersecurity and the next big cyber attack
  • Managing the health and safety of the staff
  • How to sustain a business when restrictions are put into place?
  • Case study: Innovating businesses for a post-COVID world


End of Risk Japan Day 2

12:40 - 12:45