VI Annual Banking Conference "Operational Risk Management" took place on February 28, 2018 in Kyiv, Ukraine.

The purpose of the Conference was to present new regulatory requirements and best practices for corporate governance and internal control in Ukrainian banks, as well as the exchange of experience in managing operational risks, in particular, in banking strategies, policies and procedures, in countering cyber threats and fraud in the digital age and the use of modern information technologies in these areas.

Venue

Program

Presentations: Corporate Governance and Internal Control in Banks of Ukraine: Challenges and Risks of Current Practice and Requirements of the EU and the Basel Committee

* Corporate Governance and Internal Control in banks: an overview of the new legislative and regulatory requirements of the NBU and tasks for Ukrainian banks
Katerina Rozhkova, Deputy Governor, National Bank of Ukraine

* Legal aspects of corporate governance in Ukrainian banks: the existing practice and what to expect in 2018? Will the quality of corporate governance change in banks with state ownership?
Igor Olekhov, Partner, Baker&McKenzie, Co-Chair, Banking and Financial Services Committee of the American Chamber of Commerce in Ukraine

Panel Discussion of the Chairmen of the Management Board and Members of the Supervisory Boards of Banks:
The Cases of the Best Practices of Corporate Governance and Internal Control
Topics for discussion:
* Inadequate corporate governance in the bank generates many operational risks, which can result in the bank's collapse. Fraud or errors in decision-making at the level of the Supervisory Board or the Management Board can not only cost the bank a life, but also threaten financial stability in the country, which we see in the example of the "bank-fall" of recent years in Ukraine.
* How does your bank use the best international practice of Corporate Governance and Internal Control to minimize such risks, in particular...
o How does the Supervisory Board form a culture of management risk, corporate values ??and an ethical approach to business in your bank - and controls its adherence to it? Does your bank have a Code of Corporate Ethics? How does the Supervisory Board and the Management Board establish a risk appetite? What are the main KPIs used by the Supervisory Board for oversight of risks?
o What role and tasks are carried out in your bank by Risk Management Committee, Compliance Committee and Audit Committee under the Supervisory Board? How are the Chief Risk Officer, Chief Auditor, Chief Compliance Officer involved in the activities of these Committees? How is the model of three lines of protection implemented in your bank?
o How is self-assessment of individual and collective suitability of members of the Supervisory Board carried out? What training programs are used for members of the Supervisory Board in your bank (as a result of such self-assessments)?
o What procedures in your bank are used to avoid conflicts of interest? How are transactions with related parties controlled? What system of individual and collective limits on transactions is used at the level of the Supervisory Board and the Management Board? Why independent directors are mandatory in the Supervisory Board of banks?
Speakers:
* Igor Frantskevich, Chairman, GARP Ukraine
* Dominique Menu, Head of Representative Office, BNP Paribas in Ukraine and Kazakhstan, Member of the Supervisory Board, Ukrsibbank, Member of Steering Committee, GARP Ukraine
* Olena Zhukova, Member of Supervisory Board, Megabank
* Taras Kyrichenko, Chairman, Pravex Bank, Intesa Sanpaolo Group
* Sergey Naumov, Chairman of the board, Piraeus Bank, Member of Steering Committee, GARP Ukraine

Panel Discussion: Operational Risks in Banking Strategies, Policies and Procedures:
How Responsible and Ethical Is Our Banking Business Today?
Topics for discussion:
* According to the results of the "mystery shopping" survey conducted in Ukraine in 2017 by the USAID Project "Transformation of the financial sector", it was found that 2/3 of the contracts of banks with private customers contain at least one unlawful condition, more than half of the contracts - at least one an unfair condition and at least one risky condition.
* So what is illegal, unfair and risky in bank contracts with customers? What strategies, policies and procedures for working with clients Head offices of banks are targeting their branches?
* What actions should the Risk Management of such a bank take in such cases? How should the Management Board and the Supervisory Board react to such cases? What measures of influence should the Regulator take in such cases?
Speakers:
* Yuliya Vytka, Deputy Chief of Party, USAID Project “Financial Sector Transformation”
* Olena Onischuk, Project Manager, Department of Strategy and Reforming,  National Bank of Ukraine
* Sebastian Rubaj, Deputy Chairman – Retail Business, FUIB
* Volodymyr Radin, Deputy Chairman, Director Retail Lending, UkrSibbank

Panel Discussion: Cyber Threats, Risks of Fraud and Information Security of Banks in the Digital Age
Topics for discussion:
* Recent trends in cybercrime - level of threat for Ukrainian banks
* Information Risk as a reflection of cyber risks and IT risks: what does it include and how to manage it?
* External fraud - how secure is your client in web / mobile applications?
* Protection against internal fraud: what do you know about your employees in the Digital Age?
* How to manage vulnerabilities of information systems? Organization, tools, roles, participants, program Bug Bounty
* What risk tools are most effective (cost / benefit) in determining a strategy to counter fraud threats?
* Can the bank cope with cyber threats on its own? How critical is it for banks to exchange real-time information about cyber threats? How can this be practically implemented? Who in the market can be an aggregator of such information? Or working there is a model of "one-to-one"?
* Changes in the regulatory framework and approaches of the regulator (including planned ones) in the sphere of information security of banks
Speakers:
* Sergii Liulchenko, CEO, Institute of Internal Auditors Ukraine
* Olexander Gorinov, Head of Banking Security, Kredobank
* Vyacheslav Nekhoroshikh, Head of Information Security, PrivatBank
* Andrey Glevatsky, Director Of The Department Of Retail, Market And Operational Risks, Raiffeisen Bank Aval

Case Study: Choosing the Best Incident Management System for Operational Risk and Counteracting Fraud
* Dmytro Kolechko, CRO, Board Member, VP Bank (Vietnam)

The Program is subject to change

Participants

Registration