Setting risk appetite for Digital Assets & DLT

Summary

Distributed Ledger Technology is reshaping the financial services industry. The technology has given rise to the whole new asset class of Digital Assets (crypto currencies, security tokens, …) and promises to deliver unseen process efficiency. It is therefore no surprise that the number of banks and fintechs launching related services is growing, with use cases ranging from Digital Assets Custody & Brokerage to Tokenization in Institutional Banking.

However, dealing with DLT and Digital Assets is complex operationally and gives rise to new and / or shifted risks. Hence, given the importance of the topic, risk divisions within financial institutions are required to proactively engage with the topic, understand the related risks, and, thereafter, derive a risk conscious implementation plan based on a suitable risk appetite.

In this event you will learn:

• What Digital Assets & Distributed Ledger Technology are and how they are reshaping financial services industry.
• What risks are involved in dealing with DLT & Digital Assets
• How risks related to DLT & Digital Assets can be mitigated by a financial services institute
• How a risk appetite can be defined

Presenters

• Cédric Lüscher, Topic Lead DLT & DA, zeb Switzerland
• Matthias Obrecht, Head of Market Analysis and lead of the FinTech desk, FINMA
• Carolina Thomaz, CRO, Sygnum Bank
  Carolina Thomaz is the Chief Risk Officer at Sygnum Bank. Prior to Sygnum, Carolina worked at Itaú Private Bank in Zurich as Head of Risk Management, where she also led digital transformation projects. Previously, she managed a portfolio of risk management projects across the globe at the multinational corporation Vale. Carolina holds a Master’s Degree in Economics and a Bachelor’s Degree in Telecommunications Engineering and is a certified FRM.
• Dominique Rudolf von Rohr, Head IWMS Compliance, Julius Bär
  Dominique Rudolf von Rohr is the head of IWMS Compliance and deputy head of Products and Services Compliance at Bank Julius Baer. Dominique is a Senior Compliance Manager in the regulatory space with significant experience implementing Digital Assets Services with a focus on client acceptance frameworks and distributed ledger analyses. Dominique has worked in the regulatory consulting business for KPMG, Capco and gwp before joining Bank Julius Baer.

moderated by Pieter Klaassen.

Agenda

17:45 Doors open – name tag collection
18:00 Opening (Pieter Klaassen)
18:05 DLT & Digital Assets & related risks (Cédric Lüscher)
18:15 Regulation for DLT & Digital Assets risks (Matthias Obrecht)
18:25 Risk appetite for DLT & Digital Assets (Carolina Thomaz)
18:35 Risk appetite for DLT & Digital Assets (Dominique Rudolf von Rohr)
18:45 Q&A / Discussion
19:25 Closure (Pieter Klaassen)
19:30 Networking drinks (all)
20:30 end

Chapter Event

In our chapter events – access for members only – we present one or more speakers to share knowledge, updates and best practices on a specific risk topic. In small groups of risk professionals you can exchange thoughts and test ideas. More on SRA chapters. This event is hosted by the chapter Risk Appetite.