2021 Agenda

Fraud & FinCrime Focus day


Day 1 - Opening remarks

09:00 - 09:10


Insider fraud: effectively managing security and controls in an era of volatility
10 questions on...

09:10 - 09:50

Managing insider fraud can be complex. With the current economic volatility and employee morale at an all-time low, how are leading FIs practically managing the risk of insider fraud? Hear how industry specialists are employing practical tools and leveraging innovative technologies to conquer insider fraud and build reputational and consumer trust.

Chandrra Sekhaar

Managing director global head of audit



Synthetic identities: staying ahead of complex fraud
Panel discussion

10:00 - 10:40

The scope for synthetic fraud is becoming increasingly complex and is on the rise globally. Delving into the essential tools that you need to manage synthetic identities fraud, our panel of experts will delve into how you can:

  • Leverage social media and social security numbers: are they being compromised? Creating a paper trail

  • Effectively verify document identification;

  • Track device authentication;

  • Use biometrics.


Dark web: managing a new era of threats
In conversation with...

10:50 - 11:15

Understand how your firm can successfully safeguard against this evolving fraud economy lurking in the internet's Achilles heel

  • Understanding and defining ‘the dark web’

  • Identifying how the dark web works and how criminals use it

  • Learn how the fraud economy works and how criminals innovate using this

  • Managing the threats of the dark web internally through education and insulating against risk


Using AI to stop the course of AML: unleashing the value of new technology
Panel discussion

11:30 - 12:10

COVID related fraud has undoubtedly increased, with 56% of UK businesses reporting that they have suffered some find of fraud according to a recent PWC survey. Money laundering and terrorist financing are following suit with the NCA proposing the scale of money laundering in the UK is in the hundreds of billions of pounds. How can your firm use new tools to help identify and mitigate AML?


The cost of friendly fraud
Luncheon Think Thank

12:10 - 13:10

A degree of friendly fraud is understandable, but where does a given organization or merchant draw the line? In the era of media applications, sharing cards with family members or a teenage spending spree, how do firms differentiate friendly fraud from that of true criminal acts.

New horizons: the regulatory landscape


Day 2 - Opening remarks

09:00 - 09:10


The future of resilience: how firms are managing in an evolving regulatory environment
10 questions on...

09:10 - 09:50

At the close of March, UK regulators made serious headway on operational resilience as they published final policy for the UK Prudential Regulation Authority (PRA), rules on outsourcing and third party risk management while the Basel Committee on Banking Supervision offered the Principles for Operational Resilience and revised Principles for the Sound Management of Operational Risk. In this fast-paced time of change, how are FIs keeping up to speed, building best practices, and remaining compliant?

Amalie Korning Wedege

Head of sanctions & embargos

Danske Bank Group

Bio: As the global Head of Sanctions & Embargoes for the Danske Bank Group, Amalie has overall responsibility for the global development, implementation and improvement of the Danske Bank Group’s Sanctions Compliance Program, as well as leading the Sanctions Compliance unit in Danske Bank and associated teams. She is the former Head of the Sanctions Framework & Compliance Unit of Danske Bank, following previous roles in a Nordic peer bank and advisory positions in the security and professional services sectors. She holds an M.Sc. in Security Risk Management from the University of Copenhagen, a B.Sc. in International Business & Politics from the Copenhagen Business School


Data Harmonization and the ever-evolving global regulatory mandates
Panel discussion

10:05 - 10:45

Standing still is not an option in today’s evolving regulatory environment. Without adapting to new technologies, products and regulations, FIs will struggle to keep up with the industry needs of tomorrow in a manner that facilitates smarter, and more consistent use of data.

In this session, we will explore the evolving regulatory mandates across the world and its impact on data required to support the reporting of OTC derivatives. With countries such as Australia, the EU, Hong Kong, Japan, Singapore, the UK, the US, all requiring amended reporting from Q3 2022 onwards, the panel will examine the use of the data standards driven identifiers to facilitate evolving regulatory mandates, and consider the impact on market participants and market infrastructure alike.

Our expert panel will discuss how you can meet your business targets, stay compliant and maximize the value of reporting and reference data in an ever-complex regulatory environment.

Discussion points:

  • What are the new regulatory requirements for OTC derivative data and reporting
  • How best to respond to market dynamics and regulatory requirements
  • Leverage advanced analytics and data management tools to mitigate risk and drive profitability
  • What is the future of regulation from a data perspective?
Malavika Solanki

Management team

Derivatives Service Bureau (DSB)

Malavika Solanki is part of the Management Team at the Derivatives Service Bureau, (DSB), a global numbering agency for OTC derivatives that allocates ISINs, CFI codes and FISNs - all recognised and adopted ISO standards for identifying, classifying and describing financial instruments. The DSB will in due course also provide UPIs, following recent nomination by the Financial Stability Board. Malavika has worked in the OTC derivatives market for over 20 years, is part of the team that oversees the DSB and was previously responsible for the development of LCH. Clearnet’s credit default swap clearing service. Malavika’s experience lies predominantly in launching and scaling new ventures across a variety of OTC derivative asset classes, with skills focused on service and product development and business modelling. Malavika is a graduate of London Business School’s Executive MBA programme and enjoys mentoring high-growth, fintech teams.


Demystifying global regulatory expectations and taxonomies
Panel discussion

10:30 - 11:30

From the Basel Committee, PRA, FCA, The Bank of England through to MAS and the OCC, how are firms keeping abreast of guidance, policy, and best practices across their regional operations? Join our industry experts as they discuss how to demystify global regulations to develop a comprehensive operational resilience framework that transcends your regional operations.

Cinzia Dicorato-Rura

Head of EMEA operational resilience risk

State Street

Luke Carrivick

Head of analytics and research


Luke is Head of Analytics and Research at ORX where he leads many industry initiatives spanning Operational risk modelling and management. He is also responsible for delivery of a wide range of ORX information and benchmarking including Loss Data, ORX News and the Scenarios Program. Prior to Joining ORX Luke held a variety of positions in Banking, Technology and Academia. Dr Carrivick holds an MBA, PhD and M.A in Mathematics from Cambridge University.

Nicola Yiannoulis

Digital finance team leader

European Banking Authority

Nicola Yiannoulis is the Digital Finance Team Leader at the European Banking Authority. She has been at the EBA since inception and has led the EBA’s work on ICT risks since 2015 developing key policy papers related to cloud, cybersecurity and financial innovation. Nicola leads EBA engagement in these topics in European and international fora and is a member of subgroups of the G7, Basel Committee, European Systemic Risk Board and the European Central Bank. She is currently serving as the Chair of the EBA subgroup on Innovative Products.

Prior to the EBA, Nicola worked at the EBA predecessor - the Committee of European Banking Supervisors, and the UK Financial Services Authority. She has a degree in European politics from the University of Southampton and an MSc (Distinction) in International Finance from CERAM Sophia Antipolis, European Business School.


The future of EU/UK financial service legislation

11:55 - 12:55

New horizons: operational resilience


Day 3 - Opening remarks

09:00 - 09:10


The future of resilience: Moving beyond COVID, what’s next?
10 questions on...

09:10 - 09:50

How FIs are building resilience following digital adoption at pace The pandemic forced digital adoption at an unparalleled rate. Financial institutions, preparing timelines for a digital transformation project that spanned years, effectively pressed fast forward, condensing their activities into a matter of months. Con sumers across the globe bucked tradition to move their activities online. With recovery on the horizon, these behaviors are set to stay. In the face of such speedy changes to consumer behaviors, how are FIs building and ensuring operational resilience?

Hasintha Gunawickrema

Chief control officer, wealth and personal banking


Jeff Simmons

Managing director, head of enterprise risk management EMEA


Jeff Simmons joined the Bank of Tokyo Mitsubishi UFJ ("BTMU") in June 2014 as the Head of Enterprise Risk, tasked with creating the function.

Prior to joining the bank he spent some 20 years working in the Risk Management arena, this included Market Risk, Credit Risk, Risk Model Validation and Regulatory Risk consulting.

At BTMU his responsibilities include the development of a Regional Risk Appetite Framework, including the design and implementation of a forward looking risk appetite framework which can be used for strategic decision making and control purposes. He is also developing an Integrated Stress Testing framework, and subsequently integrating this with the Risk Appetite framework including the analysis of the Banks forecast under varying macro economic environments. He is now working extensively with both the Tokyo based Head Office and the continental offices to develop a global framework in these 2 areas. Over the past year he has been working cloely with the Amsterdam based subsidiary in the development of the ICAAP/ILAAP and SIRA Frameworks.

He is also responsible for the implementation of an EMEA Risk Governance framework, this involves him working closely with the Regional offices to ensure that there is a standardised and efficient Risk Framework across the region.


Angela Johnson de Wet

Head of Governance and Compliance - Cloud Enabled Business Transformation

Lloyds Banking Group

Head of Governance and Compliance - Cloud Enabled Business Transformation

Ange is responsible for Governance and Compliance for Lloyd Banking Group’s Cloud Enabled Business Transformation Programme. Before her current role, Ange was Head of Cloud and Technology Change Risk.

Prior to working at Lloyds, Ange led transformation teams and programmes at Deutsche Bank including: Cloud Security, Risk and Compliance, Anti-Financial Crime Analytics, Data Quality People Change and Money Markets Finance, Risk and Regulatory Reporting. 

Before joining Deutsche Bank, Ange worked as a Senior Manager at EY across Asia Pacific and EMEIA within the Financial Services Organisation focusing on Corporate Banking and Capital Markets transformation and business, technology and programme advisory. Ange started her career at IBM in Australia working as a developer, tester, designer and then business analyst and project manager.

Ange has an honours degree in Mechanical Engineering (Mechatronics / Robotics) and Computer Science from the University of Melbourne, Australia.

Gennaro Scalo

Director, EMEA



Non-Financial Risk Management - it’s the culture, stupid!
Panel discussion

10:00 - 10:50

In the forthcoming RiskBooks title, 40+ authors will demonstrate how successful Non-Financial Risk Management looks like and what the tools of the trade have learned and are still learning from COVID-19. The editor will discuss with four authors which implications COVID-19 has on a bank’s resilience with a focus on behavioral elements - from risk culture and the overarching framework of resilience over the biases in scenario analysis to human elements in decision-making on outsourcing.

Prof. Dr. Thomas Kaiser

House of Finance

Goethe-Universität Frankfurt

Thomas Kaiser has been working on risk management for more than 25 years. He is the founder of Professor Kaiser Risk Management Consulting and teaches Risk Management as an honorary professor at Goethe University as well as at other institutions. He is also active in executive education at Goethe Business School in Frankfurt and elsewhere and is organizing and leading conferences and seminars as well as speaking at conferences nationally and internationally.

In his long-time affiliation with KPMG, he was responsible for advising leading banks and insurance companies globally on Non-Financial Risk Management. Thomas has also worked for Deutsche Bank, Commerzbank and HypoVereinsbank on Operational Risk and with WestLB on market risk topics.

Thomas is the editor of the latest RiskBooks title „Non-Financial Risk Management: Emerging stronger after COVID-19“ and is co-author/editor of the RiskBooks titles “An Introduction to Operational Risk” and “Reputational Risk Management in Financial Institutions” and has written numerous articles and several further books.

He is a member of the advisory board of FIRM (Frankfurt Institute of Risk Management and Regulation) and various other industry associations. Thomas holds a master’s degree in business administration from Saarbrücken University and a PhD in financial econometrics from Tübingen University.

Prof. Simon Ashby

Professor of Financial Services

Vlerick Business School

Dr Simon Ashby is Professor of Financial Services at the Vlerick Business School. Prior to this he worked as a financial regulator for the UK Financial Services Authority (writing policy on risk management) and a senior risk manager in a number of top UK financial institutions (covering both credit and operational risk).
Simon has a PhD in corporate risk management and has published many academic papers and industry reports on risk, financial services regulation, banking and insurance. His current research interests include: cyber risk, risk culture and operational risk management.
Simon is a Fellow and former Chairman of the Institute of Operational Risk and a Director and Audit and Risk Committee Chair of Plymouth Community Homes.

Christian Hunt


Human Risk

Christian is the founder of Human Risk, a Behavioural Science led Consulting and Training Firm, specialising in the fields of Ethics & Compliance. He was formerly MD at UBS where he was Head of Behavioural Science - a role created specifically for him, following his pioneering deployment of it within Compliance.

Christian joined the Firm in Compliance & Operational Risk Control, leading the function globally for UBS Asset Management and regionally for UBS Europe, Middle East & Africa (ex Switzerland). Prior to joining UBS, he was Chief Operating Officer of the UK Prudential Regulation Authority (PRA), a subsidiary of the Bank of England responsible for regulating financial services. Christian was Head of Department, International Banking Supervision at the PRA and its predecessor the Financial Services Authority.

He has also been a Principal in a Family Office and worked for Deutsche Bank, London in Investment Banking. While at Deutsche, he spent two years on secondment at the Panel on Takeovers & Mergers, the UK Takeover Regulator. Christian began his career at Arthur Andersen working in regulatory and financial consulting.

He is a Fellow of the Institute of Chartered Accountants of England & Wales, a Fellow of the Royal Society of Arts and holds an Masters from the University of Oxford. He is a Member of the Global Association of Applied Behavioural Scientists. Christian speaks and writes regularly about Behavioural Science and human risk. He also hosts and produces the Human Risk podcast.

Claudia Meyer

Global Head of Operational and Reputational Risk Management at Group Risk

Allianz SE

Marion Bürgers

COO compliance function


Marion Buergers is COO of the Compliance Function at HSBC Germany since 2017. She joined the bank in 2013 as Operational Risk Manager and became Head of Operational Risk Management in 2015. Marion has more than 15 years experience in managing people, projects and risks in financial institutions. Prior to working at HSBC she managed, amongst others, local and international operational risk projects in a consulting firm.  Before that, she was Head of Risk Business Management & Reporting at WestLB AG New York Branch. Marions professional experience includes non-financial risk management in the first and second line of defence at various global financial institutions. Transformation and implementation projects, regulatory audit liaisons and outsourcing requirements are amongst her specific areas of expertise and focus in her current as well as in previous roles. Marion holds a degree and diploma in business economics and a certificate as change professional.


A mixed picture: where does resilience sit in an organization

11:05 - 11:50

Getting to grips with operational resilience isn’t a simple task. As financial services firms continue to accelerate digital transformation, the need for systems resilience is increasing. Off the back of the pandemic, firms are grappling with how best to roll out operational resilience and effectively who owns this within their organization. In relative infancy, organizational remit and ownership is still very much a mixed picture. Join this panel to understand how your peers are rolling out operational resilience and building internal capacity on the execution and management side.


The future of work: a remote or location based workforce

12:15 - 13:00

Traditionally a very office-centric culture, the events of the past 18 months have had a knock-on effect propelling firms to support a largely decentralized workforce. Now, entering into the return to normalcy, how firms manage this transition is key. From well-being through to surveillance, controls and security, FIs have been forced to rethink their processes, approach to employees and remote working and culture. How are firms contextualizing controls, security and risk culture in the transition back to a somewhat normal operating environment?

New horizons: cyber risk, TPRM and ICT


Day 4 - Opening remarks

09:00 - 09:10


How Climate Change may impact Operational Risk

10:05 - 10:45

  • Climate Change: Physical & economic consequences and behavioral changes;

  • Translation into losses by applying the Ten Laws of Op Risk; and

  • Tailored assessment approaches for the three BofE scenarios

Michael Grimwade

Head of Operational Risk


Michael Grimwade is Head of Operational Risk for ICBC Standard Bank. He has worked in Operational Risk Management for over 20 years. He has previously held senior Operational Risk management roles at MUFG Securities, RBS and Lloyds TSB, and he has also been a Director of the Institute of Operational Risk. He is the author of a number of articles on setting Op Risk appetite, scenario analysis and Op Risk modelling, and his book “Managing Operational Risk: New Insights and Lessons Learnt” was published by RiskBooks in 2016.


The future of supply chain risk: what's next for TPRM?
Panel discussion

10:00 - 10:40

In today’s complex and volatile global markets, third-party relationships are a critical source of competitiveness and growth. However, the interconnectedness of today’s environment and the growing dependence on third parties creates a new level of vulnerabilities. Are existing programmes keeping up with the challenge?


Conduct Risk in the Digital Economy
OpRisk Working Group

11:30 - 12:15


Data Compromise: Bad Actors, Breaches and Controls
OpRisk Working Group

12:15 - 13:00

Rajat Baijal

Managing director, global head of enterprise risk

Cantor Fitzgerald

Rajat Baijal is the Managing Director – Global Head of Enterprise Risk at Cantor Fitzgerald. In this role, he is responsible for designing and embedding a robust Risk Framework across the firm. This includes articulating and implementing a robust Risk & Control Self-Assessment (RCSA), Risk Event Management, Key Risk Indicators etc. and ensuring that the Board is suitably informed about all material issues.

Rajat has an MBA in Finance and has previously worked for Kensington Mortgages, Lloyds Banking Group and Aviva specialising in global implementation of their Risk Framework. Rajat is a regular speaker at risk conferences across London and New York and has authored a number of articles for risk journals/textbooks.


Climate risk: Here and Now
OpRisk Working Group

13:15 - 14:00