Global Regulatory Update

EY financial practice leaders Sonja Koerner, Chris Woolard, and Mark Watson spoke with Martin Boer of the Institute of International Finance to discuss the most interesting findings of the 11th EY-IIF 2021 Report on Global Bank Risk Management Priorities. For the first time since the survey’s inception over a decade ago, climate change tops the list of long-term risks for banks. The podcast analyzes the reasons for this development, as well as key considerations and opportunities for banks around the world.  The conversation also features insights around the largest current priorities, including credit risk, cyber security and the impact of rapid advances around new technologies - and what that all means for risk management.

Hitoshi Mio, Head of Financial System Research Division Financial System and Bank Examination Department within the Bank of Japan, joins Katie Rismanchi and Takahiro Iwamoto of the Institute of International Finance (IIF) to share the Bank of Japan’s perspectives on the financial stability outlook.

Leroy Terrelonge, AVP-Cyber Risk Analyst, and Lesley Ritter, VP-Senior Analyst, of Moody’s Investors Service join Martin Boer of the Institute of International Finance (IIF) to discuss the cyber security outlook for the financial sector.

Emran Islam and Chris Wilson, Senior Financial Sector Experts within the International Monetary Fund’s (IMF) Monetary and Capital Markets Department, join Katie Rismanchi of the Institute of International Finance (IIF) to share their perspectives on the operational resilience of the global financial system.

Jay Healey, a Senior Research Scholar and Adjunct Professor at Columbia University’s SIPA joins the IIF's Martin Boer to discuss the intersection between Cyber Conflict and the Financial Services sector.

Jayaraj Puthanveedu, Global Head of Operational Resilience, Third Party Tech Risk & Crisis Management at BNP Paribas, and a strong IIF collaborator in the areas of Operational Resilience and Cyber Security, joins Martin Boer of the Institute of International Finance (IIF) to discuss enhancing Operational Resilience in the time of COVID-19.

Grace Sone, Head of Cooperation and Organization at the Financial Stability Board Secretariat in Basel, spoke with Martin Boer of the Institute of International Finance to discuss Cyber Risk and how the current COVID-19 pandemic is impacting cyber resilience across the financial services industry.

In this May 5 podcast, IIF Insurance Lead Mary Frances Monroe discusses with Jonathan Dixon, IAIS Secretary General, the IAIS response to COVID-19 and how IAIS priorities are shifting as we recover from the global pandemic. Mr. Dixon also discusses the IAIS caution against initiatives seeking to require insurers to retroactively cover COVID-19 related losses and how those initiatives could threaten policyholder protection and financial stability.