The RMA is pleased to bring you our July Webinar – Future of Stress Testing hosted by EY.
The Covid 19 crisis has rapidly increased the importance of stress testing for banks and financial services organisations as the Australian economy shows signs of entering the most severe downturn in nearly 30 years. Prior to the crisis, APRA had been vocal on expectations for uplift in stress testing capabilities, throughout this crisis that view has been strengthened with requirements for dividend payments being conditional on performing a stress test. On top of the economic and regulatory landscape, forecasting IFRS 9 has added a significant amount of complexity to stress testing processes. Stress testing processes and models are likely to see a significant uplift to meet ongoing needs in the near future. In this discussion session the panel will share views on areas that financial services entities should focus on, insights from international peers and what the future of stress testing may look like.
About The Panel:
Brad Davis, Senior Manager, Financial Services, EY
Steven Nagle, Partner, Financial Services, EY
Doug Nixon, Partner, Financial Services, EY
David O’Brien, Group General Manager, Risk Metrics & Measurement, ANZ
Ian Crofts, Associate Partner, Financial Services, EY