Regulatory Update Series

[Webinar] Practical Sharing on Climate Risk Management

New Seminar

Overview

Climate risk management as part of the broader Environmental, Social, and Governance (“ESG”) agenda has been a hot topic in the market. Hong Kong Monetary Authority (“HKMA”) and Securities and Futures Commission (“SFC”) have issued guidelines to lay down their expectation to the regulated entities on how such risk should be managed.

Objective

Through sharing of practical solutions as well as the key considerations and challenges for the industry to meet the regulatory requirement, this webinar will help participants
­- Aware of the critical path to implement the climate risk management
­- Know the range of the climate risk management tools
­- Tell the overall compliance of regulatory requirements

Content

­- Overview of the compliance journey by the industry so far
­- Sharing of practical solutions to comply with requirements under the Supervisory Policy Manual of HKMA GS-1 “climate risk management” and SFC’s Fund Manager Code of Conduct (“FMCC”)
­- Key challenges and lessons learned

Who should attend

Participants within the functions of compliance, risk management and fund managers from banks or licensed corporations.

Prior knowledge of Supervisory Policy Manual of HKMA GS-1 “climate risk management” and SFC’s Fund Manager Code of Conduct (“FMCC”) would be recommended.

Financial Incentive Scheme of the WAM Pilot Programme

This is one of the eligible courses / seminars under the Financial Incentive Scheme (“The Scheme”) of the WAM Pilot Programme.

Eligible in-service practitioners of the financial services industry could apply for a reimbursement up to 80% of the course / seminar fees, or a maximum of HK$10,000 per person for courses/seminars held for the period from 1 October 2016 to 31 August 2022 upon satisfactory completion.

Each individual may apply for reimbursement for more than one course / seminar subject to a maximum of HK$10,000 but each course / seminar can only be reimbursed once.

The duly signed application form together with the FIVE supporting documents must be submitted within FOUR months from the last day of the course / seminar attended. Please refer to the WAM Pilot Programme website for more details.

WAM Pilot Programme Special Requirements

If you plan to apply for reimbursement under the Financial Incentive Scheme (FIS), please ensure your device/computer has the camera feature or with webcam installed as you are required to turn on your camera throughout the webinar.

Speaker/Course Instructor

Jenny HUANG
Jenny has over 14 years of experience in providing assurance and advisory services to financial institutions with focus of risk modelling and derivatives pricing, IFRS9, IRRBB, Booking Model, Internal Audit, Risk and Control, Outsourcing Process Management, Business Analyst, capital assessment and optimization. She is active in the market across data vendors and financial institutions on climate risk agenda.
Jerry KWOK
Jerry is experienced in the field of credit risk management and is familiar with model development including climate risk related model, stress testing, internal ratings, IFRS9 and EKYC. He is leading several green finance projects in the banking section of Hong Kong, including green finance classification design, climate risk stress test model development, bank policies optimization based on the results of the stress test.
Arni LEUNG
Arni specialises in risk strategy and credit risk modelling, covering credit risk analytics, data analytics, credit risk provisioning, scenario and stress testing, forecasting, credit policies and frameworks, climate risk stress testing. He has in-house experience in managing the climate risk of a multi-national bank in Hong Kong and currently leading the quantitative scenario analysis solution development in respective to the FMCC requirements set out by the SFC.

Details

Code
TSURE22002101
Date & Time
Friday, 22 Apr 2022 (12:20PM - 1:20PM)
Venue
Virtual Platform
Relevant Subject
Type 9 - Asset management
Regulatory Compliance
Language
English
Hours
SFC:1.00, PWMA:1.00