Recovery and Resolution Planning (RRP)

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Recovery and Resolution Planning (RRP)


19 Aug 2021 @ 2:00 pm (+8 GMT)
Recovery and Resolution Planning (RRP)

Globally, recovery and resolution planning (RRP) is gaining traction as the way forward in ensuring that financial institutions (FIs) can recover or restructure their operations in times of distress, while placing minimal stress on financial systems and the government for funding. While Malaysian FIs are hardly lagging in this area, they must embrace a new mindset — one that rethinks its current RRP measures and redesigns them to achieve organisational objectives in times of need.

With the issuance of Bank Negara Malaysia’s (BNM) policy document on Recovery Planning in July 2021, the stage is set for banks to begin developing and maintaining sound recovery plans that ensure their long-term viability. The price of rebuilding confidence and trust in banking is steep, so what are the new ways of thinking that FIs will need to adopt in developing a solid and effective RRP plan?

“Recovery and Resolution Planning (RRP)”

In this webinar, experienced industry leaders from PwC and Perbadanan Insurans Deposit Malaysia (PIDM) will share their insights on the global RRP journey, the RRP framework and practices in other jurisdictions, and the key lessons learnt in the adoption of its elements. They will also provide an overview of the local RRP scene and how the RRP Framework in Malaysia would evolve following the recent release of Bank Negara Malaysia’s policy document on recovery planning. Discussions will also focus on the key elements of a solid recovery plan, best practices in RRP, and ways in which FIs can improve their resolution planning processes.

An access link will be provided before the webinar. To register, please see below:

Please register by 18 August 2021, 12 pm. For further enquiries, kindly send us an email at [email protected]

Speakers' Profiles

Stefan Linder web profile 500 s
Stefan Linder

Director - Financial Services

PwC Germany

Speaker
Stefan Linder web profile 500 s
Stefan Linder

Director - Financial Services

PwC Germany

Stefan Linder is a Director in PwC Germany’s Financial Services Deals and
Restructuring practice in Frankfurt with over 13 years of experience in the financial
services industry.

Stefan’s areas of interest lie in the set-up, validation, and valuation of business
models in restructuring situations (especially set-up and business planning of bad
banks and respective stress testing) as well as in recovery and resolution planning
under the respective national and international regulations (e.g. EU/BRRD, EBA,
FSB).

Additionally, Stefan has assumed project management roles in various large-scale
projects, has executed several deal-oriented valuation and financial due diligence
services and has advised banks on business segment carve-outs and on M&A
acquisitions (sell-and buy-side).

Since 2007, Stefan has been involved in leading positions in all German bank
recovery and resolution activities and has supported further projects relating to
recovery and resolution planning in Austria, Portugal, Poland, Cyprus, Switzerland,
Luxembourg, Liechtenstein, Malaysia, Singapore, Indonesia, Brazil, Chile,
Argentina, Uruguay, and Paraguay.

Stefan is the operative lead in driving PwC Germany’s efforts and services around
recovery and resolution planning under BRRD and national regulations and is also a
leading member of PwC’s crisis management group.

In addition, he regularly hosts workshops and trainings on recovery and resolution
planning for supervisors as well as recovery and resolution authorities around the
globe.

Glenda Eng web profile 500
Glenda Eng

Associate Director - Risk Services

PwC Malaysia

Speaker
Glenda Eng web profile 500
Glenda Eng

Associate Director - Risk Services

PwC Malaysia

Glenda Eng is an Associate Director in PwC Malaysia’s Risk Assurance Services
practice. She has over 15 years of experience specialising in areas of Regulations,
Controls and Project Management both locally and abroad.

Her area of interest lies in implementing and providing advisory services on
regulatory compliance areas across the financial services industry with a current
focus in Recovery & Resolution Planning, ESG and Data Privacy. She has also
taken on roles the technical project manager role in various large-scale
implementation projects, including in assisting developing recovery planning policy
for a South East Asian regulatory authority based on international regulation
(Europe, US, Asia) and international best practices.

Since 2016, she has been involved in recovery and resolution planning projects
both in Malaysia and regionally. These include assisting Resolution Authorities in an
ASEAN countries in developing materials for resolution planning operational
readiness simulation exercise and in developing Least Cost Test (LCT) model based
on international best practices.

More recently, she has worked on validating one of the local bank’s Recovery Plan
and has also assisted digital banking applicants in developing their exit plans as
part of the business plan decks to Bank Negara Malaysia.

She was also invited as a key trainer on the topics of recovery and resolution
planning in an Indonesian State Banking conference.

Ho kwok piow web profile 500
Ho Kwok Piow

Lead Specialist, Risk Assessment and Resolution

Perbadanan Insurans Deposit Malaysia (PIDM)

Speaker
Ho kwok piow web profile 500
Ho Kwok Piow

Lead Specialist, Risk Assessment and Resolution

Perbadanan Insurans Deposit Malaysia (PIDM)

A chartered accountant by training, Kwok Piow has over 25 years of experience in the field of corporate recovery and restructuring, business review, transaction services, as well as forensic accounting and investigation. He began his career with a major accounting firm in Malaysia, where he was seconded to the firm’s London office for two years to be trained and specialised in the area of corporate recovery, restructuring and forensic services.

Equipped with 14 years of experience in the accounting industry, Kwok Piow joined Bursa Malaysia in 2010 as the Head of Corporate Surveillance. Working closely with Securities Commission Malaysia, he was responsible for corporate surveillance and investigation activities relating to PLCs in Malaysia and maintaining an orderly market and investor protection by taking appropriate and timely regulatory actions.

Kwok Piow joined Perbadanan Insurans Deposit Malaysia (PIDM) in 2012 and is responsible for overseeing the end-to-end spectrum of risk assessment, as well as intervention and resolution for member institutions. Working closely with Bank Negara Malaysia (BNM), Kwok Piow currently takes a leading role in the development and implementation of the resolution planning framework in Malaysia.