13th Annual OpRisk Europe Programme, Day Two, 9th June 2011

8:15	Registration and refreshments
8:50	Opening address: Alexander Campbell, Editor, OPERATIONAL RISK & REGULATION
9:00	Executive address: Marco Moscadelli, Head of Operational Risk, BANK OF ITALY, chair of SGOR at EBA and member of SIGOR of the BASEL COMMITTEE
09:40	Executive address: Dean Rowan, Chief Risk Officer, GULF ONE INVESTMENT BANK (BAHRAIN)
10:20	Morning refreshments with the opportunity to network and visit the exhibition
	Stream one: Managing and measuring operational risk	Stream two: Navigating through the new opportunities and threats to the business
	Chairman: Alexander Campbell, Editor, OPERATIONAL RISK & REGULATION	Chairman: Mark Sands, Reporter, OPERATIONAL RISK & REGULATION
10:50	Panel discussion: The impact of new regulation on operational risk management Estimated regulatory impact on the market and the state of the economy How do European banks perceive the regulatory changes? Developing new priorities for operational risk managers First hand experience of banks to Basel III developments Moderator: Dean Rowan, Chief Risk Officer, GULF ONE INVESTMENT BANK (BAHRAIN) Allan Palm, Senior Risk Controller, SEB Edward Sankey, Chairman, THE INSTITUTE OF OPERATIONAL RISK Carsten Steinhoff, Head of Operational Risk, NORDDEUTSCHE LANDESBANK GIROZENTRALE John Wertheim, EMEA Regional Head of Operational Risk, CITI
11:40	Presentation: Creating value by managing litigations in operational risk Overcoming obstacles in using litigations for operational risk management Lessons learnt process tailored specifically to litigations can help avoid costly mistakes in the future Litigation KRIs as a meaningful tool to monitor exposure Other ways of embedding Legal in the management of operational risk Rob Nagra, Director, UK Regional Head of ORBCM, DEUTSCHE BANK
12:20	Lunch with the opportunity to network and visit the exhibition
13:30	Guest speaker: Hidden in plain sight: Emerging risks & opportunities Richard Watson, Author and Futurist	Guest speaker: Psychology of fraud Personality, integrity and counter-work behaviours Is fraud different or special Corporate culture, opportunity and fraud Detecting fraud by life-style, biography and interview Preventing fraud Adrian Furnham, Professor of Psychology, UNIVERSITY COLLEGE LONDON
14:10	Presentation: Validation of AMA Goals and purpose Regulatory and statistical requirements Validation of the four elements (internal and external data, scenarios, BEICFs) Challenges and open questions Frank Corleis, Federal Financial Supervisory Authority, BAFIN	Presentation: Operational risk and the buy side - the climate post-crisis The particular challenges faced by small to medium-sized asset managers in improving their operational risk practices The effects of new regulatory initiatives on how the buy side considers operational risk A comparison of the incentives for robust risk mitigation between the buy and sell Peter Laurens, former Associate Director, FH International Asset Management
14:50	Afternoon refreshments with the opportunity to network and visit the exhibition
15:20	Panel discussion: Building ERM framework with concepts and examples What does ERM mean? Practical examples of integrating KRIs in ERM system The role of liquidity risk, credit risk and market risk in the new ORM Framework Reducing the operational risk caused problems which contributed to the financial crisis (Metrix, Use-test, etc...) Use test - how do we assess how well the operational risk framework and ORM principles are embedded in the business Moderator: Hans-Peter Güllich, Co-Founder and CEO, AVANON Nigel Milbank, Director, Enterprise and Operational Risk, SANTANDER UK Joachim Pfeifer, Divisional Head of Operational Risk, COMMERZBANK AG Val Richardson, Operational Risk Manager, NATIONWIDE Lisa White, Audit Partner, Corporate Banking, RBS
16:10	Panel discussion: The future of operational risk Operational risk challenges for 2011/12 Key areas to focus for the next year How Europe behaves differently after the crisis Operational risk manager skill sets - what should the future ORM profile/ skill set look like Moderator: Alexander Campbell, Editor, OPERATIONAL RISK & REGULATION Rob Nagra, Director, UK Regional Head of ORBCM, DEUTSCHE BANK Jo Powis, Head of Operational Risk and Insurance, SCHRODERS John Whittaker, Group Operational Risk Director, BARCLAYS GROUP
17:00	End of conference