Johannesburg, South Africa
The South African Reserve Bank (SARB) recently published revised proposed implementation dates for certain regulatory reforms under Basel III. Updated minimum capital requirements for market risk and CVA will commence by January 2024 and assessment of bank implementation progress with these new frameworks against SARB milestones will begin in 2022.
Chris Donohue MD of the GARP Benchmarking Initiative (GBI) will present insights on regulatory capital and market risk trends for South African banks using visualizations and dashboards from a new platform GBI developed to capture and analyze Pillar 3 data from public and regulatory filings over the past decade.
A panel discussion will follow to examine the potential implications of the revised regulations on future trends. Participants will explore the challenges currently facing market risk managers at South African banks and their progress in implementing the revised regulatory frameworks.
3:00 – 3:05 pm CET: Welcome and introduction
3:05 – 3:45pm CET: Panel discussion
3:45 – 4:00 pm CET: Audience Q&A
Managing Director, Global Association of Risk Professionals
Dr. Christopher Donohue is the Managing Director of the GARP Benchmarking Initiative, a data utility for financial services companies to compare sensitive data. Previously, Chris led GARP’s Educational and Research Programs, where he was responsible for overseeing all of GARP’s educational and research programs, including the FRM and Energy Risk Professional (ERP®) programs. Previously, Chris was partner at a hedge fund, where he was responsible for the development of asset allocation tools for pension funds and automated trading systems. Prior to that, Chris was a Director in the Global Research Center at Deutsche Asset Management, where he led product research and development in the areas of asset liability management, asset allocation and consumption optimization for endowments and optimal portfolio management with transaction costs. As Director of Optimization Technology at Alphatech, a leading-edge technology and research defense contractor, he led algorithm development for intelligence aircraft path planning and sensor scheduling systems.
Manager – Market Risk, South African Reserve Bank
Head, Treasury and Capital Management, Corporate and Investment Banking, Standard Bank
Principal – Head of Market Risk and Capital, ABSA
Garth Saunders has 20 years financial markets experience across Front Office, Risk and Product Control, with 8 years spent in the UK at HSBC and Morgan Stanley. He currently works at Absa Group as Head of Portfolio Management and Capital within the Market and Counterparty Risk management team.
Head of Market Risk, Nedbank
Sub Saharan Africa Trader Absa Capital
Business Lending Portfolio Manager Standard Bank
Independent Consultant IT Audit and Risk
Merell Lucy Nair
Product Control Analyst Barclays Africa Group