Toronto Centre International Program for Banking Supervisors
JUNE 11-16,
REGULATORY AND
FINANCIAL INNOVATIONS – 2017
WHAT DO THEY MEAN FOR
Location:
SUPERVISORS?
Toronto, Canada
Program
Agenda
Register Online at www.torontocentre.org
International Program for Banking Supervisors – Agenda
REGULATORY AND
JUNE 11-16,
FINANCIAL INNOVATIONS – 2017
WHAT DO THEY MEAN FOR Location:
SUPERVISORS?
Toronto, Canada
Sunday, June 11
08:00
Networking Tour to Niagara Falls
18:00
Program Overview, Icebreaker and Welcome Dinner
Monday, June 12
08:15
Welcome and Opening Remarks
Mr. Babak Abbaszadeh, President and CEO, Toronto Centre
Group Photograph
08:45
SESSION 1:
Regulatory Changes: Supervisory Challenges
Clive Briault, Chair, Toronto Centre Banking Advisory Board
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10:30
Role and importance of supervisory leadership
Financial innovations
Financial inclusion
Corporate and risk governance
Culture
Business model analysis
Stress testing
Recovery and resolution planning
Domestic and international cooperation with other agencies
Supervisory perspectives on macroprudential policy measures
Coffee Break
International Program for Banking Supervisors – Agenda
10:45
SESSION 2:
Group Activity
David Scott, Advisor, Toronto Centre
Designed to capture what participants assess as the main priorities and supervisory
challenges faced in their agencies and their jobs in dealing with the regulatory and financial
innovations.
12:15
Lunch
13:15
SESSION 3:
Stakeholder Communication
Gerry Lewis, Facilitator, Toronto Centre
An approach to persuading stakeholders to support your Action Plan options:
• Analyze stakeholders – who are they, what are they likely to like and dislike about
your proposal, and what is needed to get their support and/or overcome their
resistance
• Four-box model for effective persuasion and communication
• How to build a “burning platform” for change
14:45
Coffee Break
15:00
SESSION 4:
Action Planning
Calvin Johansson, Program Director, Toronto Centre
A framework for tackling challenges faced at work.
16:30
Action Planning
Participants will start applying the action planning methodology with the assistance of the
Program Leaders. Focus will be on understanding the situation and developing a precise
definition of the challenge identified.
Tuesday, June 13
08:15
Ideas I Will Use
08:30
SESSION 5:
Recovery Planning and Risk Based Supervision
Olga Krokhina, Manager, Recovery and Resolution Planning, Office of the Superintendent of
Financial Institutions (OSFI), Canada
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10:15
What good recovery plans look like; essential elements
Experiences with Canadian banks and with supervisory colleges – what has gone well,
and what has gone less well?
Nexus between recovery planning and supervision
Using recovery planning in risk assessments of institutions
Coffee Break
International Program for Banking Supervisors – Agenda
10:30
SESSION 5 (Cont’d):
Recovery Planning and Risk Based Supervision
A group activity will also take place during this session.
12:00
Lunch
13:00
SESSION 6:
Supervising Governance and Culture
Clive Briault
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Assessing strength of leadership
Governance and culture failures
Post-financial crisis shifts of emphasis
Key areas of focus on governance and culture
What can supervisors do?
15:00
Coffee Break
15:15
SESSION 6 (Cont’d):
Supervising Governance and Culture
Clive Briault
16:30
Action Planning
Participants will continue to work on their Action Plans with the assistance of the Program
Leaders. Focus will be on setting goals and outlining their plans.
Wednesday, June 14
08:15
Ideas I Will Use
08:30
SESSION 7:
Financial Innovations (FinTech and Regtech): Supervisory Risks and Responses
Panel Presentations and Discussion (Short presentations with Q&A), Calvin Johansson,
Program Director, Toronto Centre (Moderator), World Bank panelist, Ohed Lederer, OSFI,
large Cdn. Bank panelist
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11:00
Supervisory leadership issues and responses
Impacts on financial inclusion
Virtual monies
Blockchain
Financial applications
Supervisory “sandboxes”
Market conduct
Settlement systems
Coffee Break
International Program for Banking Supervisors – Agenda
11:15
SESSION 7:
Financial Innovations (FinTech and Regtech): Supervisory Risks and Responses –
Short Case Study
TBD
12:00
Lunch
13:00
SESSION 8:
Macro-prudential Policy and Financial Supervision
Clive Briault
14:30
Coffee Break
14:45
SESSION 8 (Cont’d)
Macro-prudential Policy and Financial Supervision
Clive Briault
16:30
Action Planning
Participants continue to work on their Action Plans. Focus will be on completing the details
of the plan to address the challenge identified, analyzing stakeholders and defining the
communication strategy to gain support.
Thursday, June 15
08:15
Ideas I Will Use
08:30
SESSION 9:
Resolution Toolkit and Effective Formulation of Resolution Strategies and Plans
Clive Briault
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10:30
Resolution tools
o Sale of business
o Bridge institutions
o Asset separation
o Bail-in
Triggers for resolution
Choice of resolution tools
Total loss absorbing capacity (TLAC)
Constraints inherent in jurisdictions where there is a limited debt funding market for
banks
Assessing the adequacy of resolution plans
Including information from resolution plans and assessments in supervisory risk
assessments
Coffee Break
International Program for Banking Supervisors – Agenda
10:45
SESSION 9 (Cont’d):
Resolution Toolkit and Effective Formulation of Resolution Strategies and Plans
Clive Briault
12:00
TC Community Lunch and Learn
13:00
SESSION 10:
Resolution Strategies and Plans: Group Activity
Clive Briault
Designed to highlight the critical importance of effective resolution planning at cross-border
level.
15:00
Coffee Break
15:15
SESSION 10 (Cont’d):
16:30
Action Planning
Participants will finalize their action plans for presentation on Friday.
Resolution Strategies and Plans: Group Activity
Friday, June 16
08:15
Ideas I Will Use
08:30
Panel discussion: Q & A
Clive Briault, Calvin Johansson and David Scott
Participants to submit questions during the week.
10:00
Coffee Break
10:15
Action Plan Presentations by Participants
Participants will present their Action Plans to the group and receive feedback from the
Program Leaders and colleagues.
12:15
Closing Ceremony and Certificate Presentation
13:00
Lunch followed by “Discover Toronto” tour
18:30
Farewell Dinner at CN Tower