In the last several years, stress testing has become a standard risk management technique in the financial services industry, widely used by banks, insurance companies, hedge funds and other market participants as well as supervisors. However, the way in which stress testing should be conducted, the tools should be applied and how its results should be used in the business and regulatory practices are still open debates.

Has Stress Testing become a critical management component of the overall banking approach of effective risk management to help ensure long term prosperity? Or does Stress Testing still remain as a regulatory overhead exercise with limited business value? Who can benefit from Stress Tests? What can derail an effective Stress Testing process? What should be done to ensure that Stress Testing turns into a robust decision-making tool and add value to the business?

• 18.30 Chairman’s Opening Welcome - Dr Evgueni Ivantsov, ERMC Chairman
• 18.45 Two views on Stress Testing
• 19.10 Discussion, moderated by nominated Council member
• 20. 20 Chairman’s Summing Up - Dr Evgueni Ivantsov, ERMC Chairman
• 20.30 Networking