Today we ran the first of two Financial Services Virtual Roundtables for Chief Risk Officers across Australia. Our host Paul Franks – Director of FSI – SAS kicked off the discussions with the below content.
Changed socio-economic conditions will likely to refocus the debate on approaches and methods for calculating and measuring impairment and capital adequacy for retail and non- retail lending. Deferred repayments, reduced credit scores, and capacity to repay are expected to increase levels of underperforming loans.
The need for a scenario-based approach to risk management is now top of mind.
Join us for a topical discussion on global and regional perspectives on how your bank can effectively transition to a new operating model for financial risk management.
