IOR Breakfast Seminar – Fixing Op Risk Capital

Dear Member,

The England & Wales Chapter of the Institute of Operational Risk is pleased to invite you to its upcoming event generously hosted by　MUFG. The theme of the event is　the current issues and recent criticisms of Op Risk capital and the alternative solutions.　

The presenter is Michael Grimwade – Head of Operational Risk Management, International, at MUFG.

Coffee and Pastries will be served from 8-15 am and the event will begin at 8-30 am.

Agenda

• Background:

.　　　A brief history of Op Risk capital

• Current issues & recent criticisms of Op Risk capital:

.　　　Utilisation of capital

.　　　Cyclicality

.　　　Risk sensitivity of capital

.　　　Too much or too little?

.　　　Just 12 months or through the cycle?

.　　　Taking Op Risk to generate revenues

.　　　Comparability

Brief coffee break

Fixing Op Risk capital:

What are the current alternatives:

.　　　Status quo – using Pillar 2 to compensate for issues with Pillar 1

.　　　SMA

What are the more radical solutions:

.　　　“Just a cost of doing business“

.　　　Replace RWAs with a loss absorbing buffer

.　　　A 3^rd　way?

Followed by discussion

The event is free to　IOR　members and　costs £50 for non-members. Bookings should be made via the booking form below. If you are a non member and unable to pay by paypal please download the booking form and return it to us to enable an invoice to be raised. Once filled in, please send back to mailto:info@ior-institute.co.uk. Capacity is, however, limited to 50 attendees.
IF YOU ARE A MEMBER PLEASE LOG IN TO PURCHASE MEMBER TICKET!!!

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We look forward to welcoming you to this event. Further information regarding the IOR can be found at　www.ior-institute.org.　

Many thanks and best regards,

The IOR England & Wales