Agenda

Agenda

Risk Live Hong Kong 2024 agenda

09:0009:10

Chairperson’s opening remarks

09:00 - 09:10

Shinichi Yoshiya

Executive director and head of regulatory affairs, Japan and Asia Pacific

Mitsubishi UFJ Morgan Stanley Securities

Shinichi Yoshiya is an Executive Director in the Legal Division of Morgan Stanley. Mr. Yoshiya covers a broad range of complex cross-border financial regulatory matters and transactions for Morgan Stanley’s Japan and Asia Pacific region including OTC derivatives regulations of Japan, U.S. and EU, the Volcker Rule, Resolution Stay, MiFID2, Brexit, LIBOR and Basel 3 capital rules. Prior to joining Morgan Stanley, Mr. Yoshiya was an attorney at Davis Polk & Wardwell LLP advising on financial regulatory matters. Mr. Yoshiya has held academic appointments at Duke University Law School as Visiting Professor and currently teaches global financial regulations at Meiji University Law School. Duke University, Law School (LL.M.), Aoyama Gakuin University, Business School (M.B.A.), Sophia University (LL.B.). Mr. Yoshiya is admitted to the bar of the state of New York.

09:1009:25

Keynote address
Presentation

09:10 - 09:25

Kenneth Hui

Executive director

Hong Kong Monetary Authority

Kenneth Hui is the Executive Director (External) of the Hong Kong Monetary Authority (HKMA), responsible for promoting the development of Hong Kong as an international financial centre, advancing Mainland-Hong Kong financial cooperation, and overseeing the HKMA's participation in international forums and organisations.


Mr Hui joined the HKMA as Senior Manager (Market Development) in February 2017 and took up the role of Head (Market Development) in March2020 with responsibilities in the formulation and implementation of various initiatives to promote the development of Hong Kong's financial sector.


Prior to joining the HKMA, Mr Hui was a Senior Manager in Investment Products Division of the Securities and Futures Commission, where he specialised in regulatory policies on retail funds and innovative retail investment products.

09:2509:55

Navigating risk in 2024: a critical look into key drivers of risk management
Keynote panel

21:25 - 21:55

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  • The intricate landscape of risk management in 2024
  • Hong Kong's role as a gateway to China in 2024 and beyond
  • How markets will respond to interest rate rises and volatility
  • The most significant drivers of liquidity risk in the current environment
Norbert Wong

Chief risk officer Hong Kong, and cluster chief risk officer, Hong Kong, Taiwan and Macau

Standard Chartered Bank

Norbert Wong is the Chief Risk Officer, Hong Kong & Cluster Chief Risk Officer, Hong Kong, Taiwan & Macau.  He is responsible for leading the Risk functions for Hong Kong with Risk oversight for Taiwan and Macau.

Norbert has over 25 years of risk management experience across various credit cycles in Asia Pacific countries at both country and head/regional office level.   He joined Standard Chartered Bank Vietnam as Country Chief Risk Officer and Country Credit Head (Retail) in July 2017.  In addition, he had risk governance and oversight for Thailand, Philippines and Australia.

Prior to joining Standard Chartered Bank, he held various risk roles with HSBC, Citibank, and ANZ at both country and regional/global level.

Norbert obtained Master of Management (Banking) from Massey University and BCom/LLB from University of Auckland.

Amar Laddha

Asia Pacific product manager

Wolters Kluwer

Amar has accumulated more than 17 years of experience in risk management covering Credit risk, Market risk, Liquidity risk etc through his tenure with Credit Suisse and HSBC banks. Prior to joining Wolters Kluwer, Amar was a consultant and project manager at Moody’s Analytics.

His experience working with banks was instrumental in the successful implementation of Basel 3 and reform for credit risk, large exposure, leverage ratio, market risk, LCR, NSFR, regulatory reporting for Pillar 1 and Pillar 3 disclosure, etc for European and Asian banks.

09:5510:20

Responsible use of artificial intelligence (AI) in risk management
Presentation

13:00 - 14:00

Terisa Roberts

Global solution lead, risk modelling and decisioning

SAS

Terisa Roberts is the global solution lead for risk modelling and decisioning at SAS, and has two decades of experience in quantitative risk management and advanced analytics. She has helped companies in financial services, telecommunications, government, energy and retail derive business value and make better decisions using risk analytics. Roberts has experience in regulatory compliance, IFRS 9, BCBS 239, model risk management and enterprise stress-testing. She advises banks and regulators on industry best practices in artificial intelligence (AI), automation and digitalisation related to risk modelling and decisioning, and in the responsible use of AI and machine learning. Roberts regularly speaks at international risk conferences on innovation in risk management.

10:2010:50

Networking break

10:25 - 11:00

10:5011:15

Developments in the Hong Kong derivatives markets
Panel discussion

09:55 - 10:25

  • Hong Kong’s position as Asia's leading derivatives trading centre for accessing renminbi derivatives in China
  • Risks around counterparty relationships and liquidity
  • Collateral in current market conditions
  • Hong Kong and China: cross-border trade opportunities and safely promoting onshore trade participation
Irene Lee

Portfolio manager

Welwing Capital Group Limited

Irene Lee a Portfolio Manager at Welwing Capital. She has nearly two decades of trading and business management experience, which spans through EM and G10 markets. She has played a key role in increasing the profitability of RBC’s FX businesses in the APAC region. Prior to that, she was a Senior EM Trader and Managing Director at Standard Chartered Bank where she led the CNH and North Asia Offshore Rates Trading businesses. In the earlier years, she was a Rates Trader at Goldman Sachs and traded USD Fixed Income for Barclays New York. She held a Master degree from the University of Chicago with a concentration in Econometrics and Statistics.

11:1511:45

Digital transformation in risk: the role of AI in risk and compliance
Panel discussion

11:00 - 11:25

  • How AI is developing risk and compliance functions
  • How data can offset risk in AI usage
  • Real use-cases of AI in risk modelling
  • Incorporating AI into stress-testing for more comprehensive analytics
  • Ethical considerations of AI use in risk and compliance
Alexandra Gordon

Managing director and chief risk officer Asia Pacific

BNY Mellon

Alexandra Gordon is based in Hong Kong and is the APAC Head of Risk covering Hong Kong, Singapore, Japan, Korea, Taiwan,
China and Australia, as well as having oversight of risk in other Asian entities including representative offices, licensed and
unlicensed entities.


Alexandra leads a specialized team of risk employees who are responsible for risk coverage in all areas of risk management for the
region. This includes being primarily responsible for the ongoing management/maintenance of the risk management strategy and
framework including risk identification, risk appetite, stress testing, risk-based capital assessment, risk aggregation and enterprisewide
risk management reporting. Alexandra also provides a conduit path for the escalation of regional and branch issues to senior
management including regulatory and emerging risks and chairs the Regional Risk and Controls Council. Alexandra’s coverage
includes all risk disciplines: Credit Risk, Business Risk, Operational Risk, Technology Risk, and Market Risk.


Born in Australia, Alexandra has over 18 years of international experience within the banking industry. Alexandra currently holds the
IAC, s72b/RISMA responsible officer roles in Singapore and Hong Kong, respectively. Alexandra has spent 11 years of her banking
career in APAC with a further 6 years spent in the United Kingdom. Prior to joining BNY Mellon in April 2022, she held senior roles at
Commonwealth Bank of Australia, ANZ Singapore, Deutsche Bank London, Macquarie Bank UK and Macquarie Bank Australia.
Alexandra is a qualified engineer having worked in the field before she began her banking career. In addition to her Engineering
degree Alexandra also has a degree in Computer Science and takes a keen interest in the developments in DeFi and Blockchain

Millie Pau

Alternative chief executive and chief compliance officer

WeLab Bank

Millie is the Chief Compliance Officer for WeLab Bank, a virtual bank licensed by the Hong Kong Monetary Authority. WeLab Bank operates under WeLab, a leading fintech company in Asia. 

Leveraging on her 20 years of experience in the banking and financial services industry, Millie has acquired hand-on knowledge in implementing laws and regulations and embedding corresponding controls in large organisations. Through her active participation in industry forums of banks, Millie has also gained considerable insights in respect of fraud monitoring and regtech development. 

Prior to joining WeLab Bank, Millie had been holding various senior executive roles in Standard Chartered (Hong Kong) Limited and HSBC. Millie holds a master’s degree in laws and is a qualified solicitor (2002-2012) and barrister (since 2013) in Hong Kong.

11:4512:15

A critical look at the renminbi in a globalised market
Panel discussion

11:25 - 11:55

  • Recent developments in renminbi internationalisation versus de-dollarisation
  • The implications of regulatory restrictions impact the movement of CNH/CNH
  • Opportunities within renminbi currency pairs
  • What is needed for a growth in renminbi usage across the market
  • The impact of the Connect scheme initiatives in 2024
Cindy Chen

Deputy chief executive and client executive

BNY Mellon

Cindy is the Deputy Chief Executive and Client Executive of BNY Mellon Hong Kong. She is responsible for deepening strategic relationships with senior executives at top tier financial institutions and promote cross-border China investment flow services.


Prior to her current role, Cindy was the Head of Post Trade Business Development at the Hong Kong Exchanges and Clearing (HKEX) and
responsible for developing DLT and client-focused post trade solutions.Cindy has over 22 years of experience in the banking and securities services industry and started her career with Citigroup in New York. She has worked in various businesses and functions such as strategy, product management, finance, operations, and advanced technology. She started in the Advanced Technology group building ecommerce platforms for institutional customers. She worked in foreign exchange business to setup processes for the launch of the new euro currency in 1999. She joined the transaction banking business in 2001 and headed the Strategic Development and Planning for Securities Services (SS) globally before moving to Hong Kong in 2006. Prior to joining HKEX, Cindy was the Head of Citi Hong Kong Securities Services business covering direct custody, third-party clearing, global custody, securities lending and borrowing, fund administrations, transfer agency, trustee services, agency and trust, and depositary receipts. She contributed and influenced key developments such as Stock Connect, RQFII/QFII, Mutual Recognition of Funds between Mainland and Hong Kong, offshore RMB market and
internationalization of RMB. She was also responsible for leading the build-out and commercialization of Citi’s China Connect solutions

Cindy graduated from the Cornell Graduate School of Engineering with a Master’s Degree in Operation Research and Industry Engineering, a Financial Engineering Certification from Cornell Johnson Management School of Business and a Bachelor‘s Degree in Environmental Engineering from Cornell University. Cindy became a Chartered Financial Analyst (CFA) charter holder in 2003.

Gary Lo

Head of offshore RMB trading

Credit Agricole CIB

Gary Lo is the Head of Offshore China Trading at Crédit Agricole CIB. Based in Hong Kong, he is responsible for the Bank’s offshore China FX, rates, government bond, Swap Connect and Bond Connect programs. Mr. Lo has spent the past 6 years trading offshore China FX and Rates products in Crédit Agricole CIB. Prior to joining the Bank, he was an CNH rates trader in DBS Bank Hong Kong for 7 years. Mr Lo holds a Bachelor of Science in Mathematics and Economics from the University of Hong Kong and a member of Chartered Financial Analyst.

Tristan Zhuo

Chief economist

China CITIC Bank International Limited

Tristan Zhuo is Chief Economist at China CITIC Bank International. Tristan has over 15 years of professional experience in the financial services industry, specializing in macroeconomics, monetary policy, and financial markets. He was previously Head of Economic Research at Nanyang Commercial Bank and a Senior Economist at Bank of China (Hong Kong). He was awarded best China macro forecaster both by Consensus Economics 2018 and Focus Economics 2019. Tristan studied at the University of Western Ontario, the University of Hong Kong, and the Hong Kong University of Science and Technology, and the University of Chicago. He has a master’s degree in economics and an MBA.

 

12:1513:15

Lunch

11:55 - 13:00

Afternoon sessions

13:2013:50

Emerging trends in model risk management for financial institutions
Panel discussion

13:00 - 13:30

  • How the current economic environment has affected approaches to models
  • How successful firms can leverage regulatory change to drive incremental competitive advantage by moving beyond a focus on minimum compliance
  • Building a robust model to withstand stress environments
  • Detecting earlier and quicker credit deterioration to prevent substantial losses

13:4514:15

Climate change as the pillar of environmental, social and governance (ESG): what needs to be on your radar
Panel discussion

13:30 - 14:00

  • The state of play in climate risk management
  • Updates on green taxonomy harmonisation and its impact
  • How regulators and market participants are collaborating towards quantified climate risk management
  • The Fundamental Review of the Trading Book versus other regulatory initiatives (uncleared margin rules, credit valuation adjustment capital and the standardised approach to counterparty credit risk): opportunities and threats
  • Implications of a common disclosure baseline for climate-related financial risks
Chui Fong Lee

Chief operating officer, finance

DBS Bank (Hong Kong) Limited

Chui Fong LEE is an Executive Director and Chief Operating Officer of Finance with DBS Bank Hong Kong. As part of the senior Finance management team, Chui Fong provides leadership in the Finance transformation journey, driving collaboration and the building of a strong risk and control culture, enabling Finance to deliver strategic value to its stakeholders.

After spending over three decades in the financial services industry across geographical locations for multiple global banks including UBS and Barclays, Chui Fong has experience with what truly drives transformation and the challenges they come with. The transformation covers beyond processes and technology changes across finance functions. It is also in managing the change in mindset to enable people to embrace changes and doing things in different ways, amid the rapid development in technology, market and regulatory environment.

Chui Fong holds a Masters in Applied Finance from Macquarie University and is a Chartered Accountant with the Institute of Singapore Chartered Accountants. She is also a member of the National Center For Sustainability Reporting with certified training on sustainability reporting, and the author of the research report “Green Finance Opportunities in ASEAN” jointly published by DBS and UN Environment Inquiry in November 2017.

Shinichi Yoshiya

Executive director and head of regulatory affairs, Japan and Asia Pacific

Mitsubishi UFJ Morgan Stanley Securities

Shinichi Yoshiya is Head of Regulatory Affairs for Japan and APAC in the Legal Division of Morgan Stanley. Mr. Yoshiya covers a broad range of complex cross-border financial regulatory matters and transactions for Morgan Stanley’s Japan and Asia Pacific region including ESG, OTC derivatives regulations of Japan, U.S. and EU, the Volcker Rule, Resolution Stay, MiFID2, Brexit, LIBOR and Basel 3 capital rules. Prior to joining Morgan Stanley, Mr. Yoshiya was an attorney at Davis Polk & Wardwell LLP advising on financial regulatory matters. Mr. Yoshiya has held academic appointments at Duke University Law School as Visiting Professor and currently teaches global financial regulations at Meiji University Law School. Duke University, Law School (LL.M.), Aoyama Gakuin University, Business School (M.B.A.), Sophia University (LL.B.). Mr. Yoshiya is admitted to the bar of the state of New York.

14:1514:45

Enhancing credit risk decisioning through robust data-use
Panel discussion

14:00 - 14:30

  • Market factors shaping credit risk management
  • Navigating credit decisioning with unknown factors
  • How credit decisioning can be developed through access to alternative data
Trevor Laight

Chief risk officer

CIMB

Trevor is a Global Banking Executive with a successful track record for driving strategic & innovative risk and business strategies based on entrepreneurial and commercial decision making.

Has over 20 year’s experience, working at Top Tier Financial institutions such as HSBC, Standard Chartered, ANZ and Citibank. He has served as the Chief Risk Officer in Europe and Asia, Global Head Strategic Financial & Risk Management, Regional Head of Acquisition Risk Asia, Regional Executive Director Asia, and Head of Operational Risk Management Asia.

Trevor has also completed an EMBA at Kellogg-HKUST in Hong Kong / Chicago and various other Leadership programs across Asia including Leadership Program Ivey Business School at Western University. Graduate Diploma Applied Finance and Investment Securities Institute Australia, CPA Programme CPA Australian and Bachelor of Commerce. 

Interests include Travelling, environment and fitness. 

14:4515:15

Networking break

14:30 - 15:05

15:1515:45

A renewed focus on operational risk: mitigating new risks while deriving a competitive advantage
Panel discussion

15:05 - 15:35

  • Regulatory mandates around operational resilience
  • Factors to consider when thinking about operational resilience
  • How technology has helped or hindered paths towards operational resilience
  • Case study: examples of baking operational resilience into an organisation
Daniel Wong

Head of operational risk

Standard Chartered Bank

Daniel Wong is Managing Director, Head of Operational Risk, Asia and Hong Kong at Standard Chartered Bank. Daniel began his career as an auditor in Australia and moved to Hong Kong in 2006. He is a qualified Chartered Accountant with extensive experience in risk management.

Tom Huang

Head of technology and operational risk

Livi Bank

Welcome Chan

Head of information technology security and network

Chong Hing Bank Limited

Welcome holds an MBA degree from the Hong Kong University of Science Technology, and a Bachelor Degree of Electronic and Communications Engineering from The University of Hong Kong.  Welcome is also a qualification holder of CISA, CISM, CISSP, CSSLP, CGEIT, CRISC, CCNP, CREST CPSA, CRT and IRCA ISO27001 ISMS and ISO20000 ITSMS Principal Auditor.

15:4516:10

Managing balance sheet risk in a shifting market
Fireside chat

13:00 - 14:00

  • Key drivers for change in integrated risk frameworks around Asia-Pacific
  • Cultivating an integrated data-driven approach to risk, compliance and profitability management
  • Use cased for multi-dimensional profitability and forecasting scenarios

16:1016:40

New horizons in fraud and anti-money laundering (FRAML)
Panel discussion

15:55 - 16:25

  • Recent developments in cyber risk and how markets need to respond
  • How financial institutions address movements in fraud and anti-money laundering
  • How financial institutions can leverage unified FRAML
  • The implications of data analytics and AI in cyber risk management

16:4016:45

Chairperson’s closing remarks

16:25 - 16:30

Shinichi Yoshiya

Executive director and head of regulatory affairs, Japan and Asia Pacific

Mitsubishi UFJ Morgan Stanley Securities

Shinichi Yoshiya is Head of Regulatory Affairs for Japan and APAC in the Legal Division of Morgan Stanley. Mr. Yoshiya covers a broad range of complex cross-border financial regulatory matters and transactions for Morgan Stanley’s Japan and Asia Pacific region including ESG, OTC derivatives regulations of Japan, U.S. and EU, the Volcker Rule, Resolution Stay, MiFID2, Brexit, LIBOR and Basel 3 capital rules. Prior to joining Morgan Stanley, Mr. Yoshiya was an attorney at Davis Polk & Wardwell LLP advising on financial regulatory matters. Mr. Yoshiya has held academic appointments at Duke University Law School as Visiting Professor and currently teaches global financial regulations at Meiji University Law School. Duke University, Law School (LL.M.), Aoyama Gakuin University, Business School (M.B.A.), Sophia University (LL.B.). Mr. Yoshiya is admitted to the bar of the state of New York.

13:2013:50

Accessing the derivatives markets across Asia
Panel discussion

13:00 - 13:30

  • Emerging trends in derivatives
  • Analysing current dynamics of emerging market regimes in derivative trading 
  • How the market has embraced the secured overnight financing rate
  • Navigating non-mandated instruments  
  • Diversifying trading portfolios across Asia-Pacific to generate returns

13:5014:15

The evolution of digital structured products and embedded financial solutions
Fireside chat

13:45 - 14:15

  • The evolution of electronic financial solutions in financial ecosystems
  • Outlook on the current and future utility of digital structured products
David Sharratt

Global head data product monetization

Standard Chartered Bank

David has unique experience spanning the full trade lifecycle, execution to ledger. An experienced C-suite executive, David has significant exposure reporting to and working alongside CEOs and other C-suite focusing on strategic direction and operation of firms.

His geographic experience spans London, New York, Hong Kong, Singapore, Moscow and Johannesburg having held senior executive positions in ask these locations. His experience spans established and emerging markets.

Currently based in Singapore he is looking at opportunities to work with businesses focused on growth and geographical expansion where his strategy and build experience can be leveraged.

14:1514:45

Clearing and collateral management spotlight: new regulatory requirements
Panel discussion

14:00 - 14:30

  • Navigating risks around counterparty relationships and liquidity
  • Evaluating clearing solutions for the long term for various products
  • New opportunities in the regulatory environment

14:4515:15

Networking break

14:30 - 15:05

15:1515:40

ESG and impact trading: truly integrating ESG derivative products
Panel discussion

15:05 - 15:30

  • The metrics that matter most
  • The value of ESG derivatives in trading portfolios
  • How to quantify the financial impact of climate risk in an accurate way

15:4016:10

The future of crypto and central bank digital currencies (CBDC)
Panel discussion

15:30 - 16:00

  • The risks and opportunities in Chinese CBDC
  • Can blockchain transform asset access to provide greater liquidity?
  • Forecasting digital assets in trading portfolios
Gordon Tsui

Managing director and head of fixed income

Ping An of China Asset Management (Hong Kong)

Gordon Tsui is a seasoned bond fund manager with more than two decades of financial market experience. He previously led the fixed income team at Taikang Asset Management (Hong Kong) and managed the USD bond portfolio of Taikang Insurance Group Inc. Prior to this role, Gordon was Deputy Chief Investment Officer of Hang Seng Investment Management and Lead Fund Manager of Hang Seng RMB Bond Fund, which won the “Best in Class” award in 2014 for “RMB Bond” category in Hong Kong by Bloomberg Businessweek. Gordon obtained first class honours degree in Economics from the LSE on Sir Edward Youde Scholarship awarded by Hong Kong SAR Government. He stationed in New York as Representative of Hong Kong Monetary Authority between 2001 and 2004.

16:1016:40

The current landscape of the electronification of derivatives trading
Panel discussion

16:00 - 16:25

  • The latest offerings for electronic trading in FX swap and non-deliverable forwards markets
  • Gaining access to wider liquidity pools and improving price discover processes
  • The role of data in conducting best trade execution
Atul Mukhi

Head of electronic execution product, Asia-pacific

Citi

Jim Tsim

Head of Asian NDF trading

Credit Agricole CIB

16:4016:45

Chairperson’s closing remarks

16:25 - 16:30

Shinichi Yoshiya

Executive director and head of regulatory affairs, Japan and Asia Pacific

Mitsubishi UFJ Morgan Stanley Securities

Shinichi Yoshiya is Head of Regulatory Affairs for Japan and APAC in the Legal Division of Morgan Stanley. Mr. Yoshiya covers a broad range of complex cross-border financial regulatory matters and transactions for Morgan Stanley’s Japan and Asia Pacific region including ESG, OTC derivatives regulations of Japan, U.S. and EU, the Volcker Rule, Resolution Stay, MiFID2, Brexit, LIBOR and Basel 3 capital rules. Prior to joining Morgan Stanley, Mr. Yoshiya was an attorney at Davis Polk & Wardwell LLP advising on financial regulatory matters. Mr. Yoshiya has held academic appointments at Duke University Law School as Visiting Professor and currently teaches global financial regulations at Meiji University Law School. Duke University, Law School (LL.M.), Aoyama Gakuin University, Business School (M.B.A.), Sophia University (LL.B.). Mr. Yoshiya is admitted to the bar of the state of New York.