The Role of Governance Risk & Compliance (GRC) in Supporting Financial Sector Performance
- 23 Februari 2023
- Lintas Sektor
- Online
Teaser
Latar belakang
The challenging external environment is taking Financial Institutions ( into unfamiliar territory after at least 10 years of fairly benign conditions The rapidly rising policy rates and stressed wholesale borrowing markets are exposing a host of GRC issues Low for long rates created a search for yield, a build up of leverage and an underpricing of risk that is yet to fully play out Robust GRC is a prerequisite for raising and maintaining financial sector performance, over the medium term Incumbent banks, digital banks and NBFI’s need to improve their GRC capabilities to better anticipate and prepare for financial storms and to minimize earnings volatility and/or service disruption Regulators supervisors have a key role to play in driving higher GRC standards across
the entire financial sector
Outline
Introduction to GRC
• Overview of GRC
• Emerging GRC Trends in Asia (Market, Competitive, Regulatory, Internal)
Implications for FI’s
• Skill gaps across the financial sector
• Specific GRC improvement areas
Implications for Regulators & Supervisors
• Extending Sector wide coverage (Stress tests)
• Specific GRC focus areas (SREP, ICAAP, ILAAP)
Objektif
This event aims to provide understanding of the role of GRC in supporting the performance of the financial service industry.
Peserta
Pembicara
- Nicolas Wood (LIBF APAC Faculty)
- Amod Dixit (Founder and CEO Zensung)
- Lim Heng Hai (Chief Executive Officer, TechCreate Solution)