RMA-HK RoundTable Lunch with Senior Risk Professionals – March 2014

The last roundtable lunch with senior Risk Professionals among the members were held on Tuesday, 11 March 2014 at the penthouse of Hang Seng Bank Building,Central, Hong Kong. There were 13 members attending the lunch.

Topic: How to come up with a practical Recovery Plan?
Speakers:  Mr Ian Drew, Head of RRP, Asia Pacific, HSBC
                 Mr Simon Topping, Head of Financial Services Regulation, AP, KPMG

The luncheon was a Round Table luncheon limited to Chief Executive Officers, Chief Risk Officers and Chief Credit Officers and a free flow of discussions were held on the topic below:

–  What considerations should we think of first before coming up with a recovery plan?
–  What basic elements should a recovery plan cover?
–  What are the particular requirements of the HKMA on recovery planning?
–  What are the issues for an international bank group in preparing a local recovery plan?

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