On 13 July 2017, the third installation of the Asian Institute of Chartered Bankers (AICB)’s Global Banking Discourse Series for 2017, titled “Tricks of the Trade – (Mis)behaviour of Financial Markets” was held at Conference Hall 1, Sasana Kijang, Kuala Lumpur. Over 120 attendees were at the event, which featured speakers from the FICC Markets Standards Board Limited (FMSB) and Oliver Wyman consultancy. The objective of the event was to discuss how financial market abuses take place as well as the safeguard measures financial institutions need to identify in order to reduce financial market abuse risks.
AICB Chief Executive, Prasad Padmanaban, gave welcoming remarks before the FMSB team comprising Gerry Harvey, FMSB Chief Executive, David McClean, FMSB Technical Advisor and Roger Acton, a FMSB secondee, took to the stage with several case studies demonstrating market abuses. The Oliver Wyman team comprising Eric Pascal, Partner, Financial Services, and Cheah Wei Ying, Finance & Risk Practice, later closed the talk with their session on controls architecture.
The AICB-Global Banking Discourse Series is part of AICB’s continuous learning and thought leadership development on key issues and trends impacting the Malaysian Banking industry.