w88 casino News Network (provided by the w88 casino of Finance)2019Year5month12Day,2019The Shanghai Financial Risk Management Summit and the Chief Risk Officer Forum were successfully held at the Kempinski Hotel Shanghai. Professor Zhang Haiyun, director of the Financial Market Research Center of w88 casino and w88 casino of Finance, was invited to attend the meeting and spoke as a roundtable guest.
The roundtable topic that Professor Zhang Haiyun was invited to speak on is"Stress Testing: Best Practices and Innovation Development". The global financial crisis prompted the global financial industry to deeply reflect on the weaknesses in risk monitoring and management methods, and the improvement of stress testing has received more and more attention in the post-crisis stage. Professor Zhang Haiyun focused on the particularity of the domestic credit environment and institutional ecology and the impact of these particularities on stress testing. In addition, Professor Zhang Haiyun also discussed the complexity of new capital instruments under stress scenarios and the interaction of stress testing, capital constraints, liquidity constraints, capital costs and other factors
Other topics at the conference include: Global Association of Risk Management Professionals (GARP) Mr. Rich Apostolik, President and CEO and National Finance and Development Laboratory(NIFD)Deputy Director Dr. Hu Zhihao summarized and had a dialogue on financial risk trends at home and abroad, and Mr. Sun Rongjun, General Manager of the Risk Management Department of the Bank of Communications, analyzed the five major pressures faced by the banking industry from supervision, government, peers, market and internal transformation, and roundtable discussion with the theme of "Strengthening Industry and Supervision Cooperation to Prevent and Control Financial Risks",GARPJo Paisley, co-chairman of risk researchers and former director of the regulatory risk expert department of the Bank of England, gave a detailed analysis of regulatory stress testing, etc.
