The World Bank's Financial Sector Advisory Center (FinSAC) held its annual conference in Vienna, entitled 'Supervisory challenges and green transition in post-pandemic environment', with Management Solutions participating with a presentation as well as on a experts’ panel
The conference was attended by more than 220 professionals from central banks, supervisors and financial authorities from more than 15 countries, including the European Central Bank, the central banks of Spain, Austria and Poland, the Spanish FROB and the Single Resolution Board, among others. The Central Bank of Ukraine was also present as a special guest.
The conference addressed topics such as the uncertainty arising from the war in Ukraine, IFRS 9 models in the post-Covid environment, the use of IRB models in emerging markets, bank resolution, the challenges arising from climate change and how regulators and supervisors are dealing with them and climate risk stress testing, among others.
Management Solutions' presentation delved into the banking industry's perspective on the adoption of IRB models, their challenges and future trends.