Main conference, Day Two, 14 June 2012, London

8:30	Registration and breakfast
8:50	Opening remarks: Alexander Campbell, Editor, OPERATIONAL RISK & REGULATION
9:00	Keynote address: How geopolitical events will affect operational risk in the financial system Philippa Malmgren, President and Founder, PRINCIPALIS ASSET MANAGEMENT
09:40	Panel discussion: The industry response to increasing regulatory pressures Developments from BIS and their impact on operational risk What is needed to deliver appropriate policies and programmes Upcoming regulatory challenges for operational risk Moderator: Irving Henry, Director, BRITISH BANKERS' ASSOCIATION Moataz El Kasaby, AGM, Head of Operational Risk Management, ARAB NATIONAL BANK-KSA Further speakers to be confirmed
10:30	Morning refreshments
	Stream one: Detecting new threats to the business	Stream two: Constructing a strong operational risk framework
11:00	Chairman's opening remarks	Chairman's opening remarks
11:10	Guest speaker: High Frequency Trading - operational risk issues and mitigation measures Understanding of HFT - issues around definition and measurement of latency Ultra low latency and the possibility of the next flash crash Progress with standardization of latency - the 1.0 version Measurement and comparison of latency Speaker to be confirmed	Presentation: Developing and implementing risk appetite and embedding it in the risk culture Identifying and assessing operational risk appetite Risk appetite, risk and control self-assessment and scenario analysis ERM new modelling techniques risk appetite Developing approaches to operational risk appetite Psychology of risk culture Agnieszka Arshamian, Senior Risk Analyst, THE SWEDISH FINANCIAL SUPERVISORY AUTHORITY
11:50	Presentation: Fraud detection and investigation - have we got it right? Putting controls in place to detect and prevent fraud Understanding organizational fraud factors IT risk and cyber security The red flags of fraud Speaker to be confirmed	Presentation: Integrating operational risk and internal control systems Operational risk framework Internal control governance Differences and similarities Joachim Pfeifer, Divisional Head, Operational Risk, COMMERZBANK AG
12:30	Lunch with the opportunity to network and visit the exhibition
1:30	Guest presentation: Speaker to be confirmed	Presentation: Five ways to redefine your company's operational risk program in 2012 Programs versus exercises - connecting enterprise and operational risk Aggregating apples to apples - designing a meaningful common language Dollars versus scales - sizing risk for actionable response Risk sensitive capital - how do we get there? Ongoing scenario analysis - a new approach to RCSA Ann Rodriguez, Head of Enterprise & Operational Risk, GE Capital Tariq Scott Bokhari, Operational Risk Manager, GE Capital
2:10	Presentation: Managing unanticipated operational risks Empirical analysis of asset misrepresentation by US bank borrowers Organizational strategies to reduce the impact of unknown risks Employee specialization and risk detection Strategies for managing employee contacts with external suppliers Mark Garmaise, Associate Professor of Finance, UCLA Anderson School of Management	Presentation: Improving risk governance throughout the organization New range of risk and emerging operational risk managers culture How has the cultural perception and role of operational risk managers changed Opportunities created by the crisis Has it became easier to communicate with top management? Sabine Abenthum, Operational Risk Manager, DZ BANK AG
2:50	Afternoon refreshments
3:20	Panel discussion: Developing a holistic approach in capturing, quantifying and communicating all risks throughout the enterprise Operational risk in the context of the ERM and the GRC The role of executive management, CRO and the board in ERM How to share responsibilities and communicate across the institution Enhancing the effectiveness of operational risk management throughout the banking system Establishing a strong risk management culture Providing for common taxonomy of operational risk terms to ensure consistency of risk identification, exposure rating and risk management objectives Kevin Borrett, UK Head of Risk, UNUM Sergio Galanti, Head of Operational Risk Framework and Policy, COUTTS & CO LTD Carsten Steinhoff, Head of Operational Risk, Norddeutsche Landesbank Girozentrale Further panel speakers to be confirmed
4:10	Panel discussion: Emerging operational risks - a group review of emerging risks in 2012 and beyond Identifying key priorities for operational risk managers Scenario analysis and the future of operational risk •· Emerging trends and thoughts What does the next generation Operational Risk Management Framework look like Bodo Schmidt, Head of Operational Risk Control, DZ Bank Simon Tse, Head of Operational Risk, SANTANDER John Whittaker, Group Operational Risk Director, BARCLAYS GROUP Further panel speakers to be confirmed
5:00	End of conference