Summary
In light of recent high-profile counterparty credit risk (CCR) failures and market disruptions following geopolitical events, the Basel Committee on Banking Supervision has triggered a new tussle on anti-Archegos rules, proposing updated guidelines for CCR management.
This webinar, in collaboration with Risk.net, addresses these market issues and explores banks' strategies for optimising credit risk mitigation strategies and utilising risk-sensitive margining to manage counterparty exposures effectively.
The webinar sheds light on how banks are adapting to changing regulation, metrics to cover the full spectrum of material risks, portfolios and counterparties, and what needs to be done to strengthen risk management frameworks and ensure alignment with supervisory expectations.
Key discussion points include:
- Specific lessons from recent CCR failures that have influenced the new CCR guidelines
- The key considerations around data aggregation and infrastructure for timely and accurate risk reporting
- How banks can improve their due diligence processes at the onboarding stage and during ongoing assessments to better understand and manage counterparty risks
- How the industry should be assessing CCR to tackle concentration and wrong-way risk
- The key components of an effective credit risk mitigation strategy, and how banks can implement these components to manage CCR more robustly.
This webinar offers insight for leaders and practitioners of CCR management, market risk, XVA and regulatory capital roles who manage risk in today’s complex and fast-moving capital markets.
Speakers
Allan Cowan
Global Head of Financial Engineering, Financial Risk Analytics
S&P Global Market Intelligence
Kanwardeep Ahluwalia
Co-Head Global Markets Risk, Deputy Chief Risk Officer, EMEA
Bank of America
Matthias Arnsdorf
Managing Director
JPMorgan
Abraham M Izquierdo, FRM
Managing Director Traded & Treasury Risks,
Grupo Financiero Banorte
Moderator
Luke Clancy
Editor-at-Large
Risk.net