Tuesday, November 7, 2006 |
8:30 a.m.–9:30 a.m. |
Registration/Welcome Coffee |
9:30 a.m.–10:00 a.m. |
Opening Remarks |
|
Yoon Jeung-Hyun, Chairman/Governor, FSC/FSS
Tomás Baliño, Deputy Director, Monetary and Capital Markets Department, International Monetary Fund |
Session 1 |
Financial Stability |
|
Chair: Dr. John Laker, Chairman, Australian Prudential Regulation Authority |
10:00 a.m.–10:30 a.m. |
Factors Affecting Financial Stability |
|
Alexandre Tombini, Deputy Governor, Central Bank of Brazil |
10:30 a.m.–11:00 a.m. |
A Macroprudential Approach to Financial Supervision and Regulation: Conceptual and Operational Issues |
|
Yung Chul Park, Professor, Seoul National University |
11:00 a.m.–11:20 a.m. |
Coffee Break |
11:20 a.m.– 11:50 a.m. |
Financial Sector Analysis: Lessons from the FSAP |
|
Tomás Baliño, Deputy Director, Monetary and Capital Markets Department, International Monetary Fund |
11:50 a.m.– 12:20 p.m. |
Discussion |
|
John Fell, Head of Financial Stability Division, European Central Bank Yong-Ro Yun, Standing Commissioner, Securities and Futures Commission Tae-Kyun Kwon, Commissioner, Korea Financial Intelligence Unit, Ministry of Finance and Economy |
12:20 p.m.–2:00 p.m. |
Lunch (all participants) Luncheon Address
Seongtae Lee, Governor, Bank of Korea |
Session 2 |
Approaches to Macroprudential Supervision |
|
Chair: Yung Chul Park, Professor, Graduate School of International Studies, Seoul National University; Former Chairman, Public Fund Oversight Committee |
2:30 p.m.–3:00 p.m. |
Elements of Macroprudential Supervision |
|
William Ryback, Deputy Chief Executive and Head of Supervision, Hong Kong Monetary Authority |
3:00 p.m.–3:30 p.m. |
Perspective on Macroprudential Supervision from Individual Financial Institutions |
|
Chang-Lok Kim, Governor, Korea Development Bank |
3:30 p.m.–4:10 p.m. |
Coffee Break |
4:10 p.m.–4:40 p.m. |
Institutional Arrangements for Macroprudential Supervision in European Countries |
|
Donato Masciandaro, Professor, Bocconi University, Milan |
4:40 p.m.–5:30 p.m. |
Discussion |
|
John Laker, Chairman, Australian Prudential Regulation Authority Tomás Baliño, Deputy Director, IMF Alicia García-Herrero, Senior Economist, BIS Dae Yeung Jeung, Director General, the Bank of Korea Sangche Lee, Senior Counselor, FSC |
6:00 p.m.–6:30 p.m |
Cocktail (all participants) |
6:30 p.m.–8:30 p.m. |
Welcome Reception (all participants) |
|
Okyu Kwon, Deputy Prime Minister, Minister of Finance and Economy |
Wednesday, November 8, 2006 |
Session 3 |
Stress Testing |
|
Chair: Sir Callum McCarthy, Chairman, Financial Services Authority, United Kingdom |
9:00 a.m.–9:30 a.m. |
Overview of Stress Testing Methodologies: From Micro to Macro |
|
John Fell, Head of Financial Stability Division, European Central Bank |
9:30 a.m.–10:00 a.m. |
Stress-Testing on Credit Risk |
|
Pierre-Yves Thoraval, Deputy Secretary General, French Banking Commission |
10:00 a.m.–10:30 a.m. |
Stress Testing Market Risks and Derivatives Portfolios |
|
Gerald Krenn, Austrian National Bank |
10:30 a.m.–11:00 a.m. |
Coffee Break |
11:00 a.m.–11:30 a.m. |
Operational Risk |
|
Ali Samad-Khan, President, OpRisk Advisory LLC |
11:30 a.m.–12:00 p.m. |
Pillar 2 Challenges |
|
Paul Kupiec, Co-Director, U. S. Federal Deposit Insurance Corporation |
12:00 p.m.–12:30 p.m. |
Discussion |
|
William Ryback, Deputy Chief Executive,Hong Kong Monetary Authority Karl Habermeier, Advisor/Area Chief, IMF Hyosoon Choi, Director General, Korea Deposit Insurance Corporation Myung-Jig Kim, Professor, Hanyang University |
12:30 p.m.–2:00 p.m. |
Lunch (all participants) Luncheon Address |
|
Chung Won Kang, President and CEO, Kookmin Bank |
Session 4 |
Case Studies in Macroprudential Supervision |
|
Chair: William Ryback, Deputy Chief Executive and Head of Supervision, Hong Kong Monetary Authority |
2:30 p.m.–3:00 p.m.. |
Macroprudential Supervision in Korea |
|
Jang Yung Lee, Assistant Governor, Korea Financial Supervisory Service |
3:00 p.m.–3:30 p.m. |
Financial Stability Analysis in Japan |
|
Toshiyuki Miyoshi, Director for International Banking Regulations, Japan Financial Services Agency |
3:30 p.m.–4:00 p.m. |
Financial Stability Analysis in the UK |
|
Sir Callum McCarthy, Chairman, United Kingdom Financial Services Authority |
4:00 p.m.–4:30 p.m. |
Coffee Break |
4:30 p.m.–5:00 p.m. |
Micro and Macroprudential Perspectives: The Australian Experience |
|
Dr. John Laker, Chairman, Australian Prudential Regulation Authority |
5:00 p.m.–5:30 p.m. |
Discussion |
|
Meral Karasulu, Resident Representative in Korea, IMF Donato Masciandaro, Professor, Bocconi University Gongpil Choi, Senior Advisor, FRB of San Francisco |
7:00 p.m.–9:00 p.m. |
Cocktails and Dinner (Speakers & VIPs only) |
|
Jeung-Hyun Yoon, Chairman/Governor, Financial Supervisory
Commission/Financial Supervisory Service |