First IIF Asia Pacific CRO Forum for 2013
May 23, 2013 — On May 6-7, the IIF held the first Asia-Pacific Chief Risk Officers Forum for 2013 in Kuala Lumpur, Malaysia, hosted by Maybank. The Forum brought together risk officers in the Asia-Pacific region to discuss topics that pertain to risk management in a changing global financial regulatory environment. The forum fostered discussions on the current progress in risk management practices across banks in various regions, macroeconomic trends in some economies in the region, and the potential impact of current global regulatory reforms on risk management for Asia-Pacific banks. The presentations featured topics on proposed regulations on the OTC derivatives market , risk governance and risk culture in the Asian context, operational risk management, stress testing for natural disasters, and SME credit risk framework. The presentations can be found to the right of this posting, and are accessible by members.
2013 IIF Asia CEO Summit
May 10, 2013 — The 2013 IIF Asia CEO Summit was held in Seoul, Korea, during May 8-10, and hosted by the KB Financial Group. The conference brought together more than 100 senior officials from banks and other financial institutions active in Asia, along with analysts and regional policy makers. It focused on a review of the global and regional economic and financial outlook and policy challenges, the opportunities for further development of the Asian financial system, the institutional and regulatory impediments to the development of local currency corporate bond markets, and a roundtable discussion on the impact of new global regulatory reforms on the Asia region. It was concluded that while the banking system in Asia remained well capitalized and resilient, the evolving global financial regulatory framework would pose some challenges, including for cross-border activity and infrastructure financing.
IIF Luncheon Seminar: Coping with Volatile Capital Flows
May 2, 2013 — The IIF Luncheon Seminar was held at the 46th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB) on Thursday, May 2, 2013, and was sponsored by ICICI Bank. The seminar examined the factors that have given rise to the change in market conditions for external financing in Asia, assessing the impact on the affected economies, and the challenges for government officials and market participants. The program also discussed advancing capital market development to better intermediate domestic financial flows and reduce reliance on external sources.
The seminar included a keynote address by the Honorable Amando M. Tetangco, Jr., Governor and Chairman of the Monetary Board, Bangko Sentral ng Pilipinas on “Coping with volatile capital flows: Challenges for Emerging Asia,” and remarks from featured speaker Ms. Chanda Kochhar, Managing Director and Chief Executive Officer of ICICI Bank, Ltd.
2013 IIF Annual Meeting of Central and East European Bank Chief Executives
April 30, 2013 — The IIF held its 2013 Annual Meeting of Central and Eastern European Bank Chief Executives, hosted by Deutsche Bank AG, at Deutsche Bank’s office in Berlin. The event featured keynote addresses by Jörg Asmussen, Member of the Executive Board, European Central Bank; Juergen Fitschen, Co-Chairman of the Management Board of Deutsche Bank AG; and Fernando Restoy, Deputy Governor of Banco de España. Panel discussions focused on global and regional developments, the changing landscape for CEE banking and financial markets, the challenges of the new regulatory environment, and euro area sovereign debt crisis resolution and prospects for further integration.
2013 Spring Economic Advisory Committee in Luxembourg
April 26, 2013 — The IIF held its Spring 2013 Economic Advisory Committee (EAC) in Luxembourg on April 25 and 26, 2013. The event was sponsored by the European Investment Bank (EIB) and was attended by about 70 economists and country risk officers from IIF member firms around the world. The meeting featured a special focus on recent unconventional monetary policy measures by G4 central banks as well as risks associated with the eventual unwinding of these measures. In addition, there was a special session on structural reforms in Europe. The presentations from the meeting can be downloaded below.
IIF Membership Outreach Program – Milan
April 23, 2013 — “Global Regulatory Reform, Economic Outlook and the Euro Crisis: Implications for Italy’s Financial Sector,” a special collaboration between the IIF and UniCredit, was held on April 23, 2013 in Milan, Italy and brought together senior Italian financial services and industry executives and representatives from global financial institutions operating in Italy to exchange views and share insights regarding global economic and regulatory developments affecting Italy and the European region as a whole. Francesco Cannata, Head of the Regulatory Impact Assessment Unit at Banca d’Italia, provided a special presentation which explored a regulatory perspective on global financial reform. The program also included presentations on the global and regional economic outlooks as well as the global regulatory agenda from Felix Huefner, IIF Deputy Director of Global Macroeconomic Analysis, and Andres Portilla, IIF Director of Regulatory Affairs. In addition, Jeff Anderson, IIF Senior Director of European Affairs, and Marco Valli, UniCredit Chief Eurozone Economist, provided analysis of current developments in the euro area crisis.
Private Sector and Public Sector Leaders meet in Washington for a Roundtable on International Capital Markets and Emerging Markets
April 21, 2013 — Senior public officials from both mature and emerging market economies, leaders from the private finance sector, and representatives from international financial institutions participated in a Roundtable discussion on International Capital Markets and Emerging Markets in Washington DC. The Roundtable has become over the last few years a major annual event, and a key forum for the exchange of views among key decision makers in both the public and private sectors on global policy issues and sovereign debt market developments.
2013 Annual Latin America Economic Forum
March 17, 2013 — The IIF held its 2013 Annual Latin America Economic Forum in Panama City, Panama alongside the Annual Meeting of the Inter-American Development Bank. The half-day event, sponsored by Banco Mercantil, took place at the Marriott Hotel in Panama City’s financial district and was attended by over 150 public officials and private sector specialists from throughout the region. The event featured keynote addresses from His Excellency Luis Miguel Castilla, Minister of Finance of Peru; The Honorable José Uribe, Governor of the Central Bank of Colombia; Luiz Pereira da Silva, Deputy Governor of the Central Bank of Brazil; Alejandro Díaz de León, Deputy Undersecretary for Public Credit of Mexico; and Mahesh Khemlani, Vice Minister of Finance of Panama. The event, which also featured presentations and discussions by regional experts, concluded with a banquet lunch.
2013 IIF LATAM CEO Meeting
March 5-7, 2013 — The IIF held its 2013 Annual Meeting of Latin America Chief Executives in Santiago, Chile on March 5-7. The meeting was hosted by Banco de Chile at the Ritz Carlton Hotel and brought together over 100 CEOs and senior officials from Latin American banks and global financial institutions focusing on the region.
The three-day event kicked off on Tuesday, March 5 with a banquet dinner at the Ritz Carlton and a keynote address from His Excellency Felipe Larraín, Finance Minister of Chile. The meeting continued Wednesday with a full day of panel discussions, presentations, and keynote addresses from the Honorable Rodrigo Vergara, Governor of the Central Bank of Chile, and Terrence Checki, Executive Vice President of the Federal Reserve Bank of New York. On Wednesday evening, Banco de Chile hosted a memorable horse race and dinner reception at Santiago’s historic Jockey Club. The meeting concluded Thursday with a half-day of sessions and presentations, including a keynote address from His Excellency Alfredo Moreno, Foreign Minister of Chile, followed by a casual lunch featuring a tasting of Chilean wines at the Ritz Carlton.
2013 IIF MENA CEO Meeting
February 23, 2013 — The IIF held the 16th Annual Meeting of MENA Bank Chief Executives in Doha, Qatar on February 22-23. Hosted by the Qatar National Bank, the event was attended by around 100 top executives of the region’s banks and other financial services’ firms, as well as senior representatives of global firms active in the MENA Region. The two-day event was designed, as in previous years, to facilitate networking and the exchange of views on the challenges facing financial institutions in the region, within the context of regional political turmoil and a sluggish global economy.
IIF Membership Outreach- Mexico City
February 20, 2013 — A special collaboration between the IIF and Grupo Financiero Banorte, this program was held February 20, 2013 in Mexico City and brought together senior Mexican financial executives and officials to exchange views and share insights on topics affecting the global and regional economies, as well as the continually evolving regulatory reform agenda. Manuel Sánchez, Deputy Governor of the Bank of México, provided the Keynote Address. The program also included presentations on the global and regional economic outlooks from Phil Suttle, IIF Deputy Managing Director and Chief Economist, as well as Gabriel Casillas, Chief Economist & Head of Research, Banorte. Andres Portilla, IIF Director for Regulatory Affairs, as well as Carlos Serrano, Chief Economist for Mexico, BBVA Bancomer presented on regulatory matters.
The G20 Agenda under the Russian Chairmanship
February 15, 2013 — The IIF, in partnership with the Ministry of Finance of the Russian Federation, held a high-level conference in Moscow on February 14-15, just ahead of the first 2013 G20 meeting of Finance Ministers and Central Bank Governors. The discussions focused on the Russian G20 agenda. Proceedings were opened by Anton Siluanov, Minister of Finance of the Russian Federation, Alexey V. Ulyukaev, First Deputy Chairman, Bank of Russia, and Timothy Adams, IIF Managing Director.
2012 Africa Financial Summit: Meeting in Review
The IIF held its inaugural Africa Financial Summit in Cape Town, South Africa on November 11-13, 2012. The meeting, which was graciously hosted by Standard Bank, attracted more than 120 participants from nearly 70 African and global institutions for two days of discussion of Sub-Saharan Africa’s economic and financial progress and prospects. The Meeting in Review summarizes the four keynote addresses and six panel discussions, and contains the agenda, the press release and photographs from the event.
2012 IIF LATAM CRO Forum
December 7, 2012 — On December 6 and 7, the IIF held the Latin America Chief Risk Officer Forum in Miami, hosted by Mercantil. The forum brought together risk officers in the Latin American region to discuss risk management in a changing global financial environment. Topics covered included macroeconomic trends in the region and the impact of current global regulatory reforms on risk management for Latin American banks. The presentations featured sessions on emerging market bank lending conditions, risk-adjusted strategic planning and risk appetite, assessment of capital adequacy and risk management, managing operational risk in credit processes, and cybersecurity as well as a discussion on the IIF Risk Governance Report. The presentations along with the Annotated Agenda are located to the right of this posting, and are accessible by members.
2012 IIF MENA Regional Economic Forum
December 5, 2012 — The IIF held its annual Regional Economic Forum in Cairo, Egypt on December 4-5. The meeting, hosted by Arab African International Bank (AAIB) and held at the JW Marriott Hotel, attracted high-level economic and financial professionals of IIF member firms in the MENA region and of global institutions with an interest in the region for an exchange of views on the challenges facing the economies of the MENA region at a difficult historical juncture and in the context of a weakening global economic environment.
2012 IIF MENA CRO Forum
November 28, 2012 — On November 27-28, the Arab Monetary Fund and the Financial Stability Institute hosted the 8th High Level Meeting for the MENA region in Abu Dhabi. As it has in the past, the IIF partnered with the AMF and the FSI on this event, and concurrent with the High Level Meeting, the IIF held its MENA CRO Forum to discuss regional issues relating to risk management and financial regulation. The forum provided an opportunity for members to discuss general economic trends in the region as well as important issues drawn from two recent IIF reports, Governance for Strengthened Risk Management and Specific Impacts of Regulatory Change on End-Users.
FSI/ Basel Committee/ ASBA High Level Meeting on Regulatory Reform and Latin America
November 16, 2012 — On November 14-16, ASBA (Association of Supervisors of Banks of the Americas) held its XV’s Annual Assembly in Panama, Panama. Concurrently, a High Level meeting was organized with the FSI and the Basel Committee, in collaboration with IIF, to discuss the major regulatory developments taking place globally and their implications for Latin America.
The meeting covered all the major developments including Basel III, systemically important firms, recovery and resolution, etc. Speakers included senior regulators from the US and Europe (including Basel Committee Chairman Stefan Ingves) as well as the heads of supervision from Latin America.
IIF Holds International Meeting on IAIS G-SII Policy Measures
November 15, 2012 — The IIF held an International Meeting on the “proposed IAIS G-SII Policy Measures” in Basel, Switzerland on November 15. The event attracted 45 senior regulators, supervisors and insurance industry representatives.
A constructive dialogue took place between the official sector and the re/insurance industry. The IAIS as well as the insurance industry presented general views and engaged in a discussion on systemic risk and insurance, in particular regarding the proposed IAIS Policy Measures for potential Globally Systemically Important Insurers (G-SIIs), which were released on October 17 for a two months consultation period.
As the debate on regulation in insurance is currently at a critical point, this IIF meeting provided a timely platform for dialogue between the official and private sector.
IIF Inaugural Africa Financial Summit
November 13, 2012 — The IIF Inaugural Africa Financial Summit was held November 11-13, 2012 in Cape Town, South Africa, and hosted by Jacko Maree, Group Chief Executive of Standard Bank. The meeting was the IIF’s first high level gathering of financial leaders with a special focus on Sub-Saharan Africa, and attracted a large number of CEOs and senior executives of the leading financial institutions in Sub-Saharan Africa, as well as high-level policymakers and representatives of global firms active in the region.
2012 IIF Asia Pacific CRO Forum
November 6, 2012 — On November 6-7, the IIF held the second Asia-Pacific Chief Risk Officers Forum for 2012 in Hong Kong, hosted by Credit Suisse. The Forum brought together risk officers in the Asia-Pacific region to discuss topics that pertain to risk management in a changing global financial environment. The forum fostered discussions on the macroeconomic trends in the Asia-Pacific region and the impact of current global regulatory reforms on risk management for Asia-Pacific banks. The presentations featured topics on progress in financial services risk management, collateral management, risk governance, risk management and finance, and others. The presentations can be found to the right of this posting, and are accessible by members.
Meeting of the Group of Trustees of the Principles
October 14, 2012 — Statement by the Co-Chairmen on behalf of the Group of Trustees
- Mr. Agustín Guillermo Carstens, Governor, Banco de México
- Mr. Zhou Xiaochuan, Governor, People’s Bank of China
- Mr. Toshihiko Fukui, President, the Canon Institute for Global Studies and Former Governor of the Bank of Japan
- Mr. Christian Noyer, Governor, Banque de France
2012 Meeting of the Private Sector with the Paris Club and with Representatives of Non Paris Club Bilateral Creditors
September 11, 2012 — On Tuesday 11 September 2012, the Paris Club and the Institute of International Finance jointly organized for the 12th consecutive year a meeting between Paris Club creditors, representatives of non-Paris Club bilateral creditors and of private creditors. The IMF and the World Bank also attended this meeting. Discussions focuses primarily on five topics: (i) a briefing on the global economic and financial outlook for emerging markets and low-income countries, including a presentation the case of Brazil as an example of an emerging market becoming a growing source of FDI flows for other emerging markets; (ii) a briefing on recent debt restructuring activities with significant private sector and Paris Club involvement, including St. Kitts & Nevis and Côte d’Ivoire – there was also an opportunity to brief and receive comments from the Paris Club on private creditor relations with Argentina; (iii) a brief presentation on valuation methodologies for contingent liabilities; (iv) a presentation by the IMF staff on the Fund’s framework to assess public debt sustainability in market-access countries; and (v) a discussion with the Paris Club on the search for a strengthened framework for sovereign debt crisis prevention and resolution, in the context of the implementation of the Principles for Stable Capital Flows and Fair Debt Restructuring.
2012 IIF Ditchley Conference
July 13, 2012 — The 2012 IIF Ditchley Conference was held in Italy on July 12 and 13. In 1982, a small group of leading international financial decision makers and analysts met in Ditchley Park, England to discuss the looming international debt crisis. From this gathering, the idea for the Institute of International Finance (IIF) was born. The IIF Ditchley Conference is a biennial conference held in commemoration of the founding of the IIF in 1982. This conference provides a unique opportunity for key financiers and policymakers to come together and engage in frank discussions on issues confronting the global economy and the international financial system. The informal, roundtable format facilitates a relaxed “off the record” exchange of views that has proven both productive and enjoyable.
IIF International Colloquium on Financial Stability and Insurance
July 11, 2012 — The IIF held its International Colloquium on “Financial Stability and Insurance” at the Swiss Re Centre for Global Dialogue in Ruschlikon/Zurich, Switzerland on July 10 with an opening dinner on the evening before. Hosted by Swiss Re and Zurich Insurance Group, the event attracted 70 senior regulators, supervisors and insurance industry leaders. A constructive dialogue took place between the official sector and the re/insurance industry on both days. The FSB as well as Joint Forum gave insights into their perspectives on financial stability and the role of insurance in this context. Detailed discussion revolved around the proposed International Association of Insurance Supervisors’ (IAIS) methodology for assessing potential Globally Systemically Important Insurers (G-SIIs), which was released on 31 May for a two months consultation period.
2012 IIF Annual Meeting of Central and Eastern European Bank Chief Executives
June 28, 2012 — The IIF held its Annual Meeting of Central and Eastern European Bank Chief Executives in Prague, Czech Republic on June 26-28. The meeting, hosted by UniCredit Bank Czech Republic, and held at the Prague Marriott Hotel, provided a unique opportunity for senior financial executives from firms active in Europe to meet and exchange views with their peers, leading regulators and key officials, both from within and outside the region.
2012 IIF Asia-Pacific CRO Forum
June 26, 2012 — On June 25-26, the IIF, in collaboration with McKinsey & Company, held the Asia-Pacific Chief Risk Officer Forum in Singapore, hosted by DBS. The Forum brought together risk officers in the Asia-Pacific region to discuss topics that pertain to risk management in a changing global financial environment. The forum fostered discussions on the macroeconomic trends in the Asia-Pacific region and the impact of current global regulatory reforms on risk management for Asia-Pacific banks. The presentations featured topics on capital and liquidity management, risk governance, data and IT infrastructure, credit processes, stress testing, and others. Some of the presentations can be found to the right of this posting, and are accessible by members. For the presentations by McKinsey, please contact Nawal Roy at nawal_roy@mckinsey.com.
2012 IIF LATAM CRO Forum
June 1, 2012 — On May 31 and June 1, the IIF held the Latin America Chief Risk Officer Forum in Miami, hosted by Mercantil. The forum brought together risk officers in the Latin America region to discuss risk management in a changing global financial environment. Topics covered included macroeconomic trends in the Latin America region and the impact of current global regulatory reforms on risk management for Latin American banks. The presentations featured sessions on emerging market bank lending conditions, RAROC, ICAAP, stress testing and the latest IIF/Ernst & Young Report on Industry Risk Management Practices, among others. The presentations along with the annotated agenda are located to the right of this posting, and are accessible by members.
IIF Holds Second High-Level Symposium on Effective Supervision
June 4, 2012 — The IIF recently organized a Second High-Level Symposium on Effective Supervision in Madrid, Spain, hosted by the Banco de España on May 21-22 and with an opening dinner hosted by BBVA and Santander. The symposium followed an earlier one held in Toronto in May 2011.
2012 Spring Economic Advisory Committee in Munich
May 24, 2012 — The IIF Spring 2012 Economic Advisory Committee (EAC) meeting was held in Munich on May 24 and 25, 2012. The event was sponsored by BayernLB and was attended by about 60 economists and country risk officers from IIF member firms around the world. Apart from the global economic outlook, discussions focused on issues in the major emerging markets, the current state of country risk analysis and in particular the ongoing challenges facing the Euro Area. PowerPoint presentations from the meeting can be downloaded below.
2012 IIF MENA CRO Forum
May 17, 2012 — On May 16-17, the IIF held Middle East and North Africa Chief Risk Officer Forum in Beirut, kindly hosted by Bank Audi. The forum featured a number of engaging discussions on current issues in risk management, regulation, and the current operating environment in the MENA region. Topics covered included effective evaluation and compensation of employees, the macroeconomic environment, the role of ICAAP in the new regulatory structure, the new Basel liquidity rules, and the latest IIF/Ernst & Young Report on Industry Risk Management Practices. We are pleased to offer copies of the session’s presentations, along with the keynote presentation by Dr. Saad Andary of the Banque du Liban on sustainable banking and a related report by Arab Bank on implementing such a framework.
Institute of International Finance Luncheon Seminar, New Opportunities for Growth in Asia
May 5, 2012 — The IIF held a Luncheon Seminar, “New Opportunities for Growth in Asia” at the ADB Annual Meeting in Manila on Saturday, May 5, 2012 from 12:00pm to 2:00pm. The Seminar focused on recent developments in the internationalization of the RMB and the impact of recurrent financial market volatility on Asia.
The Keynote Address was delivered by Julia F.Y. Leung, Under Secretary for Financial Services and the Treasury, The Government of Hong Kong Special Administrative Region. Featured Speakers included Spencer Lake, Co-Head of Global Markets, HSBC, and Bandid Nijathaworn, Chairman, The Thai Bond Market Association. A review of global economic and financial conditions was given by Hung Tran, Deputy Managing Director and Counsellor.
2012 IIF Fifteenth Annual Meeting of Middle Eastern & North Africa Bank Chief Executives
April 18, 2012 — The IIF held its Annual Meeting of Middle East & North Africa Bank Chief Executives in Muscat, Oman, on April 16-17. The meeting, hosted by BankMuscat and held at the Al Bandar Hotel in the Shangri-La’s Barr Al Jissah Resort attracted 80 CEOs and senior officers of IIF member firms in the MENA region and of global institutions with interest in the region for an exchange of views on the prospects for the global economy and financial system and on issues of concern to MENA region financial institutions.
The two-day event was launched with welcoming remarks by Charles Dallara, Managing Director of the IIF and Abdul Razak Ali Issa, Chief Executive Officer, BankMuscat. Charles Dallara opened the first day’s afternoon sessions with a Special Briefing on the Greek Debt Restructuring Agreement and Financial Stability in the Euro Area. Senior IIF staff members Hung Tran, Deputy Managing Director and Counselor and George T. Abed, Senior Counselor and Director of the Africa/Middle East Department presented the Institute’s views and forecasts regarding global financial markets and the outlook for the region.
2012 Annual Latin America Economic Forum
March 17, 2012 — The Institute held its 2012 Annual Latin America Economic Forum in Montevideo, Uruguay on March 17, alongside the Annual Meeting of the Inter-American Development Bank. The half-day event, sponsored by Banco Mercantil and Bancolombia, took place at the historic Club Uruguay in the center Montevideo’s Old Town and was attended by over 150 executives, policymakers, regulators, and official representatives from the region. The event featured keynote addresses by several of the region’s key policymakers: the Honorable Rodrigo Vergara, Governor of the Central Bank of Chile; His Excellency Juan Carlos Echeverry, Minister of Finance and Public Credit of Colombia; and the Honorable Mario Bergara, President of the Central Bank of Uruguay. The event also included presentations and discussions by regional experts and concluded with a banquet lunch.
2012 IIF Asia CEO Summit
March 16, 2012 — The IIF held its 2011 annual Asia Chief Executive Officers Summit in Bangkok, Thailand, on March 13-15; the Summit was originally scheduled for October 2011, but was postponed as a result of the major flooding that affected Bangkok at that time. The Asia Summit conference, hosted by Bangkok Bank and held at the Chatrium Hotel, attracted over 120 CEOs and senior officers of IIF member firms in the Asia/Pacific region, as well as representatives of other global institutions with interest in the regional economy.
The Summit began on the evening of March 13 with an informal dinner, followed by a day and a half of meetings on March 14 and 15. Lunch and dinner on March 14 featured special keynote addresses by Governor Dr. Prasarn Trairatvorakul of the Bank of Thailand and His Excellency Khun Kittirat Na-Ranong, Deputy Prime Minister and Finance Minister of Thailand, respectively.
2012 IIF Latin America CEO Meeting
March 9, 2012 — The IIF held its 2012 Annual Meeting of Latin America Chief Executives in Rio de Janeiro, Brazil on March 6-8. The meeting was hosted by Itaú Unibanco at the Copacabana Palace hotel and attracted over 80 CEOs and senior officials from Latin American banks and other global financial institutions focusing on the region.
The three-day event kicked off on Tuesday, March 6 with a banquet dinner at the Copacabana Palace and a keynote address from Luciano Coutinho, President of Brazil’s National Development Bank (BNDES). The meeting continued Wednesday with a full day of presentations and discussions on the global economic outlook and prospects for Latin America. In the evening, Sergio Cabral, Governor of the State of Rio de Janeiro, graciously hosted participants at the stunning Laranjeiras Palace for a memorable dinner featuring a keynote address by Arminio Fraga and live entertainment from Brazilian music star Ed Motta. The meeting concluded Thursday with a half-day of sessions and presentations, followed by a casual lunch in the mountains overlooking Rio de Janeiro.
IIF CGIP Meeting
March 3, 2012 — On March 2, the Committee on Governance and Industry Practices (CGIP), chaired by Rick Waugh, President and CEO of Scotiabank, held its first physical meeting in Zurich, hosted by UBS AG. The meeting discussed the strategic direction of the various work of the Committee, which included the follow-up survey on industry risk management practices, the risk governance project, and a possible follow-up work on risk IT. Patricia Jackson of Ernst & Young presented the preliminary findings of the survey, Koos Timmermans of ING and Andres Portilla of the IIF discussed the preliminary draft of the risk governance report, and Philipp Harle of McKinsey and David Schraa of the IIF reported on the risk IT supervisory road show and offered possible ways to move the issue forward.
The G20 Agenda under the Mexican Chairmanship
February 26, 2012 — The Institute of International Finance, in close partnership with the Mexican financial authorities, was privileged to have organized the high-level public-private sector conference, “The G-20 Agenda under the Mexican Chairmanship,” on February 24-25 in Mexico City. The conference served as the curtain raiser for the inaugural Ministerial meeting of the Mexican chairmanship of the G-20, and afforded a unique opportunity for an open, constructive, and direct dialogue between public sector leaders and senior executives of private-sector financial firms. Three topics of common interest were in focus: a) sustainable growth and job creation in a post-crisis global economy; b) financial regulatory reform and financial stability; and c) strengthening multilateralism: the G-20 agenda and global policy coordination.
2011 IIF LATAM CRO Forum
December 8, 2011 — On December 8-9, the IIF held the Latin America Chief Risk Officer Forum in Miami, hosted by Mercantil . The forum brought together risk officers in the Latin America region to discuss topics that pertain to risk management in a changing global financial environment. The forum fostered discussions on the macroeconomic trends in the Latin America region and the impact of current global regulatory reforms on risk management for Latin American banks. The presentations featured topics on liquidity, Dodd-Frank, FATCA, changes in banks’ risk management, risk IT, and others. The presentations along with the annotated agenda are located to the right of this posting, and are accessible by members.
2011 IIF Asia-Pacific CRO Forum
November 17, 2011 — On November 16 – 17, the IIF held the Asia-Pacific Chief Risk Officer Forum in Tokyo, hosted by Mizuho. The forum brought together risk officers in the Asia-Pacific region to discuss topics that pertain to risk management in a changing global financial environment. The forum fostered discussions on the macroeconomic trends in the Asia-Pacific region and the impact of current global regulatory reforms on risk management for Asian-Pacific banks. The presentations featured topics on sovereign risk exposures, systemic risk regulation, the derivatives market in Asia, changes in banks’ risk management, risk IT, and others. The presentations along with the annotated agenda are located to the right of this posting, and are accessible by members.
2011 IIF MENA Regional Economic Forum
November 15, 2011 — The IIF held its annual Regional Economic Forum in Abu Dhabi, UAE, on November 14-15. The meeting, hosted by the National Bank of Abu Dhabi (NBAD) and held at the bank’s headquarters, attracted high-level economic and financial professionals of IIF member firms in the MENA region and of global institutions with interest in the region for an exchange of views on global economic and financial prospects and their implications for the MENA region.
The two-day event was launched with welcoming remarks by Michael Tomalin, Chief Executive Officer, National Bank of Abu Dhabi. Phil Suttle, Deputy Managing Director and Chief Economist presented the Institute’s views on the global economic outlook and the associated risks going forward. These were followed by a presentation by George T. Abed, Senior Counselor and Director for the IIF’s Africa and Middle East Department. In his remarks, Mr. Abed analyzed developments and prospects in the MENA region in the context of the “Arab Spring,” with economic forecasts for 2011 and 2012. He further outlined the risks and opportunities that lie ahead, especially for the countries transitioning to more open political systems.
2011 FSI High Level Meeting & IIF MENA CRO Forum
October 26, 2011 — On October 26-27 the Arab Monetary Fund and the Financial Stability Institute hosted a High Level Meeting with the Heads of Banking Supervision from the MENA region in Abu Dhabi at the Intercontinental Hotel. The IIF has partnered with the AMF and FSI on these events in the past and brought a delegation of senior risk executives from the region. There were a number of useful speeches and presentations from international regulators and industry representatives on currently regulatory issues. You can review the agenda for the meeting and the industry presentations to the right; the entire presentation package is available upon request.
At the same time, the IIF held its MENA CRO Forum to address key regional issues on financial regulation and risk management. The forum provided members with a review of recent IIF work on Risk Appetite and Risk IT, as well as presentations on emerging economic risks and fund transfer pricing. All of these presentations, along with the annotated agenda, are to your right.
2011 Fall Economic Advisory Committee in Beijing
October 24, 2011 — The Institute held its Fall 2011 EAC meeting in Beijing on October 24 and 25, 2011. The event, hosted by China International Capital Corporation (CICC) was attended by about 60 economists and country risk officers from around the world. The rise of China in the global economy received particular attention, with experts from private, government and international institutions contributing to our “China Roundtable”.
2011 IIF Fourteenth Annual Meeting of Middle East & North Africa Bank Chief Executives
October 17, 2011 — The IIF held its Annual Meeting of Middle East & North Africa Bank Chief Executives in Dubai, UAE, on October 17-18. The meeting, hosted by Emirates NBD and held at the Emirates Jumeirah Towers, attracted 90 CEOs and senior officers of IIF member firms in the MENA region and of global institutions with interest in the region for an exchange of views on the prospects for the global economy and financial system and their implications for the MENA region.
2011 Latin America Economic Forum
March 31, 2011 — The Institute held its Annual Latin America Economic Forum in Calgary, Canada, on March 27, 2011. The event, sponsored by Scotia Bank, Mercantil, and Bradesco, was well attended, bringing together about 200 senior executives, policymakers, regulators, and key official representatives from the region. This meeting was held alongside the Annual Meeting of the Inter-American Development Bank, and provided a forum for productive discussion on the current economic situation in Latin America following a year of strong growth and rising inflationary pressure.
2011 Latin American CEO Meeting
March 22, 2011 — The Institute held its Annual Meeting of Latin American Chief Executives in Panama City, Panama, on March 22-24, 2011. The event was hosted by Banco General and was attended by about 70 of the leading executives from financial institutions throughout the region. This meeting took place in a time of continued growth across Latin American economies, with many countries facing challenges to contain rising inflationary pressures.
2010 MENA Regional Economic Forum
November 1, 2010 — The IIF held its MENA Regional Economic Forum in Beirut, Lebanon, on November 1-2. The meeting hosted by Bank Audi sal-Audi Saradar Group and held at the Four Seasons hotel gathered about 90 high-level economic and financial professionals of IIF member firms in the MENA region and of global institutions with interest in the region for an exchange of views on global economic and financial prospects in the region.
The two-day event was launched with welcoming remarks from Marwan Ghandour, Vice Chairman, Bank Audi sal-Audi Saradar Group. Phil Suttle, Deputy Managing Director and Chief Economist presented the Institute’s views on the Global Economic Outlook and Matthew Vogel, Head of Emerging EMEA Strategy at Barclays Capital made a presentation on the Outlook for Global Financial Markets.
2010 IIF Ditchley Conference
July 1, 2010 — The Ditchley Conference commemorates the founding of the IIF at Ditchley Park in Oxford, England, 28 years ago and has been held on a biannual basis since 1994. This conference provides a unique opportunity for key financiers and policymakers to come together and engage in frank discussions on issues confronting the global economy and the international financial system. The informal, roundtable format facilitates a relaxed "off the record" exchange of views that has proven both productive and enjoyable.
Joint IIF-EBRD Conference on Financial Systems in Emerging Europe and IIF's 2010 Annual Meeting of Central and East European Bank Chief Executives
May 13, 2010 — The IIF was pleased to collaborate with the European Bank for Reconstruction and Development (EBRD) on a unique event--the Joint IIF-EBRD Conference on Financial Systems in Emerging Europe and IIF Annual Meeting of Central and East European Bank Chief Executives. This event was held in Zagreb, Croatia on Wednesday and Thursday, May 12-13, 2010, just ahead of the EBRD's annual meeting.
2010 Spring Economic Advisory Committee in Washington D.C.
April 26, 2010 — The Institute held its Spring 2010 EAC meeting in Washington, D.C., on April 22 and 23, 2010. The event, which took place at the IIF offices, was attended by about 40 leading economists and country risk officers from around the world. A variety of topics was discussed in detail, including the global economic outlook and the current financial market concerns.
2010 IIF Maghreb Banks CEO Meeting
April 13, 2010 — We are pleased to announce the success of the 2010 IIF Maghreb Banks CEO Meeting, held April 13, 2010 in Tunis. The meeting was hosted by Amen Bank and sponsored by Banque Internationale Arabe de Tunisie (BIAT), Société Tunisienne de Banque (STB), and BNP Paribas. The meeting was chaired by Mr. Jean Lemierre, Advisor to the Chairman, BNP Paribas and featured keynote addresses by his Excellency Afif Chelbi, Minister of Industry and Technology; His Excellency Taoufik Baccar, Governor of the Central Bank of Tunisia; and Mr. Abdelwaheb Ben Ayed, Président-Directeur Général of Groupe Poulina.
2010 IIF Latin America Economic Forum
March 21, 2010 — The Institute of International Finance held its Latin America Economic Forum on the occasion of the 2010 Annual Meeting of the Inter-American Development Bank (IDB) in Cancún, Mexico. The Forum focused on the performance of Latin America through the global financial crisis and its future prospects in an environment of global economic recovery. The event, co-sponsored by Mercantil Financial Services, Banorte, and also McKinsey & Company Colombia, attracted over 200 participants.
2010 IIF Latin America CEO Meeting
March 19, 2010 — Leaders of Latin America's most important financial institutions gathered in Mexico City, Mexico for the 2010 IIF Annual Meeting of Latin American Chief Executives. The meeting was hosted by Banamex March 17-19.
The three-day event began on Wednesday, March 17 with a dinner at Banamex's historic Palacio de los Condes de San Mateo de ValparaÃso, where President Felipe Calderón delivered a keynote address. The meeting continued Thursday with a full day of presentations and discussion, a working luncheon, and banquet dinner. Central Bank Governor AgustÃn Carstens and Finance Secretary Ernesto Cordero spoke on Thursday, sharing their thoughts about the global financial crisis. The program also included other presentations by experts from both the public and private sectors, and afforded ample opportunity for substantial discussion among the executive-level attendees. The event concluded on Friday with a half-day program and closing luncheon.
Discussion at the event was dominated by the global financial crisis and the lessons learned in the regulatory and policy realms, as well as the growing consensus regarding the importance of Emerging Market countries in the post-crisis "New Normal" environment.
Thirteenth Annual Meeting of Middle Eastern & North African Bank Chief Executives
February 23, 2010 — The Institute of International Finance held its Thirteenth Meeting of Middle Eastern and North African Bank Executives in Amman, Jordan on Feb 22-23, 2010. The meeting, hosted by the Arab Bank, and held at the Intercontinental Hotel, Amman, Jordan, gathered more than 70 senior executives, officials, and experts from different financial institutions and organizations operating and interested in the region.
Executive Program on Risk Management: Back to Basics- Aligning Strategy and Risk
November 19, 2009 — This four-day Executive Program was organized in cooperation with Standard Chartered and was held November 16-19 in London. The program was attended by a cross-section of senior risk practitioners from 19 countries across Europe, the Middle East, Asia, South America, and Africa. Participants focused on key lessons to be drawn from the current crisis and the role of and input in of risk managers in aligning strategy and risk and engaged in a lively exchange of their own risk management experiences.
FSI High Level Meeting & IIF MENA CRO Forum
November 17, 2009 — This two day event consisted of meetings and seminars with Heads of Banking Supervision from the MENA region, as well as a meeting of the MENA CRO Forum to discuss current issues in risk management and financial regulation.
2009 Asian CEO Summit
November 13, 2009 — The IIF held its annual Asian regional financial leaders' conference for the first time ever in Hanoi, Vietnam on November 12-13, 2009, with co-hosts JSC Bank for Foreign Trade of Vietnam (Vietcombank) and JSC Military Bank. "This event represents an important milestone on Vietnam's journey to become more engaged in global finance and the global economy, and for its leading banks to enhance their participation with peers from across Asia in exchanging views on today's critical economic and financial issues," said Mr. Charles Dallara, IIF Managing Director.
2009 Fall Economic Advisory Committee in Sao Paulo
November 6, 2009 — The Fall 2009 meeting of the IIF's Economic Advisory Committee (EAC) took place in São Paulo, Brazil, on November 5 and 6, 2009. This was the first time that the meeting has been held outside of North America and Western Europe. The event was hosted by Banco Bradesco, Itaú Unibanco and BNDES.
2009 IIF Open Program in Hong Kong
November 3, 2009 — The Institute of International Finance Open Program entitled "Reform & Recovery: A Roadmap for the Financial Industry" was held in Hong Kong, SAR, on November 3, 2009 and hosted by Standard Chartered. The program panels included discussions on "Effective Regulation, Smart Regulation: Getting it Right", "Addressing -˜Fault Lines' in Financial Industry Practices", and "Integrating Lessons: Knowledge Sharing For Asian Financial Firms" as well as a keynote address by Y.K. Choi, Deputy Chief Executive of the Hong Kong Monetary Authority.
2009 MENA Regional Economic Forum
October 12, 2009 — The Institute of International Finance MENA Regional Economic Forum was held in Amman, Jordan, on October 12-13 2009, hosted by Dr. Michel Marto, Chairman of the Housing Bank for Trade and Finance. The Forum featured two distinguished keynote speakers: His Excellency Nader Al Dahabi, Prime Minister of Jordan, and The Honorable Dr. Umayya Toukan, Governor and Chairman of the Board of the Central Bank of Jordan.
2009 Spring Economic Advisory Committee in London
May 8, 2009 — The Institute held its spring 2009 EAC meeting in London, U.K., on May 7 and 8, 2009. The event, which took place at at Lloyds Banking Group headquarters, was attended by about 60 leading economists and country risk officers from around the world. A variety of topics was discussed in detail, including the global economic outlook, the future of the U.S. and European banking systems, and the way in which central banks might operate new regimes of quantitative easing.
Executive Program on Risk Management - Lessons Learned and Roadmap for Implementing Best Practices
April 15, 2009 — The IIF Executive Program on Risk Management was organized in cooperation with the Dubai International Financial Centre and was held April 12-15 at the DIFC Centre of Excellence in Dubai. The four-day program was attended by a cross-section of senior risk practitioners from the Middle East, Europe, and South America. Participants focused on key lessons to be drawn from the current crisis and engaged in a lively exchange of their own risk management experiences.
2009 Asia Regional Economic Forum
March 10, 2009 — The IIF's Asia Regional Economic Forum, hosted by DBS Bank, was held in Singapore on March 4 and 5, 2009. The Forum brought together over 250 attendees including chief and senior economists from IIF member institutions around the world as well as interested senior bankers. We considered the global outlook and its implications for Asia, reviewed the prospects for the region, and focused on special topics, including a central bankers' panel on monetary policy in practice, linkages between Asia and Latin America and the Middle East, and asset management in uncertain times.
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