This webinar discusses best practice in stress-testing a liquidity risk framework and how firms can find the business benefit from the new liquidity risk management requirements
Recent regulations introduced by Basel, the UK Financial Services Authority and the US regulators have all focused on the importance of establishing a robust liquidity risk management framework. Firms are now required to set liquidity risk tolerance levels; maintain adequate levels of liquidity through a cushion of liquid assets; identify and measure a range of liquidity risks; as well as stress-testing scenarios and the framework itself. This webinar, hosted by Operational Risk & Regulation magazine, explores the challenges facing banks to comply with this new regime and asks how firms can ensure the process provides some business benefit rather than remain a compliance exercise.
The panel discussed the main challenges facing financial institutions in meeting the new liquidity regulations, including the extra data requirements placed on firms, but the bulk of the webinar discussed best practice in stress-testing a liquidity risk framework.
Moderator: Victoria Tozer-Pennington, Editor, Operational Risk & Regulation
Bill Rickard, Head of Strategy and Policy, Group Treasury, Royal Bank of Scotland Plc
Subramanian Ramakrishnan, Group Vice President & General Manager, Financial Services Analytical Applications, Oracle
More on Operational Risk
HR needs to have closer ties to op risk – both would benefit
Heavy regulatory costs and fragile systems will be problems in 2015
Changing corporate culture will be hard work
Further penalty imposed for watered-down report
Sign up for Risk.net email alerts
Sponsored webinar: IBM
Watch highlights of this year's London conference
Operational risk and the challenges of defining and dealing with conduct risk
Watch discussions and speakers from our North America conference
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.