Global Regulatory Update

In this episode of the GRU, we host Raf Hussain (Global Head of Strategic Planning and Stress Testing at HSBC) and Ben Carr (Analytics and Capital Modelling Director at Aviva) to discuss an important area of public/private research and policy analysis within sustainable finance – the relationship between climate-related risks and the capital framework. The discussion covers key topics including th...

Mary Frances Monroe and Emran Islam discuss: trends in and recommendations for regulatory and supervisory approaches to cybersecurity, private/public sector collaboration and engagement, and harmonization of cybersecurity standards and requirements to reduce fragmentation

In this episode of the GRU, we host Stephen Scott, Founder and CEO of Starling Trust Sciences to discuss their 2022 Compendium on Culture and Conduct Risk in the Banking Sector.

In this episode of the GRU, we host José María Roldán, former Chairman and CEO of the Spanish Bankers Association (and former Director General of the Bank of Spain) to reflect on his experience as a former regulator and representative of the banking industry and discuss the evolution of global regulatory policy over the last 10 years. We examine with José María the role of the Basel Committee, the...

In this episode of the GRU, we discuss the use and value of Cyber Risk Ratings, with Derek Vadala, who is Chief Risk Officer at BitSight in New York. We discuss the current threat landscape and how cybersecurity ratings and analytics help organizations manage their own security performance, mitigate third party risk, underwrite cyber insurance policies, conduct financial diligence, and improve nat...

In this episode of the GRU, we discuss the growing problem of Ransomware, and what to do about it, with Erez Liebermann, who is a Partner at Linklaters in New York, where he is Co-Chair of their U.S. Data Solutions, Cyber and Privacy Practice. We discuss the current threat landscape, including the role of Russia, how firms are defending themselves, and the importance of working closely with law en...

In this episode of the GRU we host Jason Harrell, Managing Director and Head of External Engagement at DTCC in New York, where he leads the firm's global advocacy and engagement for cybersecurity and cyber resilience, new and emerging technology, and outsourcing/third-party risk management. We discuss how firms approach Third Party Risk Management, the increased regulatory focus, and how it inters...

In this episode of the GRU we host Doug Elliott, Partner at Olyver Wyman, to discuss the main policy issues in the world of finance in 2022. Among others, we discuss with Doug the policy implications of the global inflationary environment, including potential asset bubbles; developments on climate policy, including scenario analysis, stress testing and other regulatory responses; and key trends re...

EY financial practice leaders Sonja Koerner, Chris Woolard, and Mark Watson spoke with Martin Boer of the Institute of International Finance to discuss the most interesting findings of the 11th EY-IIF 2021 Report on Global Bank Risk Management Priorities. For the first time since the survey’s inception over a decade ago, climate change tops the list of long-term risks for banks. The podcast analyz...

Hitoshi Mio, Head of Financial System Research Division Financial System and Bank Examination Department within the Bank of Japan, joins Katie Rismanchi and Takahiro Iwamoto of the Institute of International Finance (IIF) to share the Bank of Japan’s perspectives on the financial stability outlook.

Leroy Terrelonge, AVP-Cyber Risk Analyst, and Lesley Ritter, VP-Senior Analyst, of Moody’s Investors Service join Martin Boer of the Institute of International Finance (IIF) to discuss the cyber security outlook for the financial sector.

Jason Harrell, Head of External Engagement at The Depository Trust & Clearing Corporation (DTCC) in New York, joins Martin Boer of the Institute of International Finance (IIF) to discuss Financial System Resilience. In the discussion, Harrell touches on how the COVID-19 pandemic has impacted working, cyber risk, operational resilience, and how financial services will likely be conducted in the...

Emran Islam and Chris Wilson, Senior Financial Sector Experts within the International Monetary Fund’s (IMF) Monetary and Capital Markets Department, join Katie Rismanchi of the Institute of International Finance (IIF) to share their perspectives on the operational resilience of the global financial system.

Jay Healey, a Senior Research Scholar and Adjunct Professor at Columbia University’s SIPA joins the IIF's Martin Boer to discuss the intersection between Cyber Conflict and the Financial Services sector.

Jayaraj Puthanveedu, Global Head of Operational Resilience, Third Party Tech Risk & Crisis Management at BNP Paribas, and a strong IIF collaborator in the areas of Operational Resilience and Cyber Security, joins Martin Boer of the Institute of International Finance (IIF) to discuss enhancing Operational Resilience in the time of COVID-19.

Grace Sone, Head of Cooperation and Organization at the Financial Stability Board Secretariat in Basel, spoke with Martin Boer of the Institute of International Finance to discuss Cyber Risk and how the current COVID-19 pandemic is impacting cyber resilience across the financial services industry.

In this May 5 podcast, IIF Insurance Lead Mary Frances Monroe discusses with Jonathan Dixon, IAIS Secretary General, the IAIS response to COVID-19 and how IAIS priorities are shifting as we recover from the global pandemic. Mr. Dixon also discusses the IAIS caution against initiatives seeking to require insurers to retroactively cover COVID-19 related losses and how those initiatives could threate...

Jan Bellens, a partner and Global Banking & Capital Markets Sector Leader at EY in New York, and Martin Boer of the IIF discuss the relatively new concept of “Operational Resilience”.

Merlina Manocaran and Soumya Banerjee of McKinsey & Company spoke with Martin Boer of the Institute of International Finance to discuss the key findings of our joint IIF/McKinsey survey and research project on cyber resilience and how financial firms are enabling and strengthening their overall cyber resilience.

In this episode, Mark Watson and Thomas Campanile of EY sits down with Martin Boer of the IIF to discuss the main findings and strategic implications of the 10th Annual IIF/EY Global Bank Risk Management Survey. For 10 years, the IIF and EY have been observing and reporting on changes in how banks manage risk. This latest survey highlights that risk leaders and their teams have also been pursuing...

During the 2019 IIF Annual Membership Meeting, Tom Wilson, CRO of Allianz and Chair of the Insurance Regulatory Committee, shares his insights on current global insurance regulatory issues as well as the transformation of the insurance business model, including through the growth of InsurTech solutions.

This IIF Insurance Regulatory Podcast features Jonathan Dixon, Secretary General of the International Association of Insurance Supervisors (IAIS), in conversation with Mary Frances Monroe, IIF Insurance Lead, on the new IAIS strategic plan and agenda. The discussion includes the Insurance Capital Standard and Holistic Framework for Systemic Risk in the Insurance Sector, as well as emerging challen...

Debra Stone, Managing Director and Head of Corporate Regulatory Affairs at JPMorgan Chase and Wilson Ervin, Vice Chairman in the Group Executive Office at Credit Suisse, spoke with the Institute of International Finance about the growing problem of financial market fragmentation, why it is important and what policy-makers and the financial sector can do to address this problem. In the podcast, the...

GRU : Global Regulatory Developments around Recovery and Resolution by Institute of International Finance

Financial Stability Board (FSB) Secretary-General Dietrich Domanski joins the IIF GRU. Dietrich discusses the Board’s workplan for 2019, as well emerging policy issues in the digital space. Dietrich outlines the four key areas of focus for the FSB going forward: addressing new and emerging vulnerabilities in the financial system, finalizing and operationalizing post-crisis reforms, implementing an...