Thursday, 23rd September 2021
Webinar
This event has already passed and registrations are closed.
Overview
Stress testing is an important tool that should be part of banks' risk management framework. One of the main goals of banks’ stress tests is to measure their resilience based on macroeconomic and hypothetical scenarios that are severe but plausible and forward-looking. At the same time, stress tests can identify risks and vulnerabilities associated with the bank's business model and thus, inform business decisions too. This webinar is aimed at providing insights into the expectations of the MFSA on stress testing related topics. These range from scenarios used and their implementation, to how stress tests outputs should interact with the risk management framework and recovery plan.
The Authority encourages interested participants to register by filling in the form below by not later than Monday 20 September 2021. Following successful registration to this webinar, an email will be sent to the registered participants on Wednesday 22 September 2021 with a link to join the webinar.
Microsoft Account Creation User Guide
A certificate of attendance will be issued based on the credentials provided upon logging in to the webinar. Hence anyone who logs in anonymously will not be eligible for a certificate of attendance.
Please note that all participants who have logged in with their credentials and have not received the certificate of attendance may request their certificate within three months from the date of the webinar. Certificates requested after such period will not be issued.
If you do not yet have a Microsoft account, please refer to these guidelines for more information on how to set up your account.
Who Should Attend
This webinar welcomes attendees acting as Chief Risk/Finance Officer of Credit Institutions, Members of Malta Banking Association and Managers of consulting firms providing technical support to credit institutions.
Agenda
| 1000hrs | Introductory Remarks
David Eacott - Head, Banking Supervision, MFSA |
|
| 1010hrs | A Brief Overview of the EU Stress Test Regulatory Background Ilias Georgakopoulos - Analyst, Banking Supervision, MFSA |
|
| 1015hrs | Supervisory Expectations for an ICAAP Stress Test Ilias Georgakopoulos - Analyst, Banking Supervision, MFSA |
|
| 1035hrs | Coffee Break | |
| 1040hrs | Demonstrating the Use Test Ilias Georgakopoulos - Analyst, Banking Supervision, MFSA |
|
| 1050hrs | Management Buffers in Stress Testing Ilias Georgakopoulos - Analyst, Banking Supervision, MFSA |
|
| 1100hrs | Coffee Break | |
| 1125hrs | Questions and Answers | |
Speakers
Head, Banking Supervision, MFSA
David Eacott
David Eacott is Head of Banking Supervision, responsible for the oversight of credit and financial institutions operating in and from Malta. David joined the MFSA in February 2020 after 22 years at the Bank of England including the UK’s Financial Services Authority. David was most recently responsible for the successful implementation of the UK’s ring fencing regime. During that time, he also helped the Resolution function with its implementation of the UK’s Resolvability Assessment Framework and led the Bank of England’s effort to improve the quality of internal audit functions within financial firms. During his supervisory career, David ran a number of teams responsible for oversight of large and medium sized banks, building societies and asset management firms. He was also a UK policy expert on the CRD and worked at the UK’s Permanent Representation in Brussels during the last UK EU Presidency negotiating its final legislative stages. David studied Modern European Studies at Loughborough University prior to joining the Bank of England.
Analyst, Banking Supervision, MFSA
Ilias Georgakopoulos
Ilias Georgakopoulos joined the MFSA in 2019 and forms part of the stress testing team of the Banking Supervision function. In this risk area, he also participates in working groups at the ECB and EBA. Ilias holds two Master Degrees in applied Economics.
