Overview
The risk environment for emerging market banks and other financial firms has shifted profoundly. The pandemic crisis has left many firms with excess debt as the usual tools of enforcement and restructuring were suspended. This is now compounded by a global commodity price shock, and renewed concerns over the economic outlook. The proliferation of climate change risks, digital finance technologies and the growing scrutiny of AML issues present additional challenges which risk managers need to manage proactively.
In this track participants will learn the tools and models that will help to tackle many of these challenges. We will explore the key facets of the evolving risk environment for emerging market banks, including credit, operational and regulatory risks. A focus of the track will be on arrears and distressed debt management. The restructuring of debt of enterprises that are still viable will be a key skill going forward, and the track will a number of practical case studies of turnarounds. Lastly, we will review how climate change will impact credit risk, and what data sources and tools risk managers will need to put in place.
