The usage of modern risk management practices and the requirements set in the new Basel Accord have important implications in Emerging Markets. With the proposed changes that touch upon many aspects of banking and many different kinds of risk, supervisors have been trying to prepare for the assessment of banks’ internal risk management models, and regulators, especially in emerging economies, are facing ever more complex challenges.
In this context, the World Bank, in collaboration with the Risk Waters Group, organized the first Risk Management Workshop on Assessing, Managing and Supervising Risk in the spring of 2002, which became a success attracting approximately 120 regulators and supervisors from more than 40 countries around the world.

In the light of the interest for the first risk management workshop, the World Bank and the Risk Waters Group are organizing the second workshop on Assessing, Managing, and Supervising Financial Risk. The objective of this workshop is to help senior officials from developed and developing countries learn about the latest methodologies and common policy issues on how to measure and manage risk across the financial sector regarding risk management, in order to enable them to effectively supervise banks and NBFIs in the context of the future new Accord.

The program will include lectures, panel discussions and case studies with leading academics and practitioners on how to measure and manage different components of risk. It shall also address key challenges that regulators and supervisors are experiencing in risk management, including the expected impact of the future Basle-II Accord on developing countries.

This workshop is intended for senior regulators from Central Banks, Ministries of Finance, Bank Regulatory Agencies and Securities Exchange Commissions in developed and developing countries and World Bank Group staff who want to update their knowledge and skills in the field of risk management and improve their ability to provide accurate and relevant advice to their clients.