BACEE events in 2009
THE BACEE WEEK '2009 (8 - 11 December 2009, Budapest), including the 21st BACEE Central and Eastern European Country and Bank Conference on 8 - 10 December 2009
The conference was attended by 126 delegates from 24 countries. The Conference was dedicated to the recent developments in the economy and the banking sector in Central and Eastern Europe, South Eastern Europe, the Baltics, Russia, Ukraine, Belarus, Kazakhstan, the Caucasus and other CIS countries. The key-note presentation on Day 1 was delivered by Mr. Garegin A. Tosunyan, the President of the Association of Russian Banks. The speakers’ panel included representatives of central banks, banking supervisors, commercial banks from the region, law firms, advisory companies, rating agencies and independent analysts.
THE BACEE WEEK '2009 incorporated several additional programmes:
Special Oracle Session - Driving Management Excellence in Financial Services: Risk Adjusted Performance Management & Liquidity Management - A Practical Approach
For over fifteen years, Oracle has delivered industry leading analytical solutions to help financial institutions grow profitability and optimize performance. While continuing to deliver solutions to meet customers’ needs, Oracle is developing new products and integrations to address the challenges that financial institutions face now and in the years to come. This time the Oracle Financial Services Analytical Applications was presented.Special Evening Event Hosted By the Financial Services Club, London-Vienna
The Financial Services Club is a Forum where the leading industry thinkers provide an up to date assessment of key events and developments likely to affect the future of the Financial Services Industry, over drinks and refreshments in a "Club" atmosphere. The Special Evening was to discuss Mobile Financial Services - the future trend and what we can expect.Restructuring and Insolvency in CEE Banks under the Conditions of the Current Financial Crisis – Workshop by Kinstellar
Executives fighting to save their troubled companies and creditors striving to protect their interests need the most capable legal advisors available. Kinstellar is recognised as one of the leading law firms in Central & Eastern Europe, with established presence in the Czech Republic, Hungary, Romania and Slovakia. Kinstellar currently has over 100 lawyers and professional support lawyers, who work in established specialist practice areas to deliver the highest quality advice across a variety of sectors, among others in Restructuring and Insolvency. The representatives of Kinstellar addressed topical issues on debt restructuring in today’s market, as well as restructuring and insolvency issues and structures available for financial institutions in the CEE.
ICEG Workshop on CEE Banking (11 December 2009)
Presentation of Studies Prepared By ICEG European Center with European Union Support
ICEG European Center is an independent research institute, based in Budapest, Hungary, providing high quality economic research and consultancy services. The research priorities of the Center include economic trends with a particular focus on macroeconomic developments, economic growth and competitiveness, as well as research related to the knowledge-based economy and society. The workshop presented studies on competition in the CEE banking sector, on retail lending patterns in CEE and on risk capital financing in CEE.
Anti-Money Laundering Conference jointly organised by BACEE and the Florida International Bankers Association (10 - 11 November 2009, Budapest)
Intensive Training Course on Bank Analysis (19 - 21 October 2009, Budapest)
‘Operational Risk Management in the Financial Sector’ Intensive Training Course (15 - 17 September 2009, Budapest)
IFRS in Financial Institutions Three-day Training Course by BACEE and KPMG-BME Academy (9-11 September 2009, Budapest)
The course was attended by 19 delegates from 8 countries. The training course aimed at offering a general overview of most IFRS standards. Besides the theoretical background the course offered several case-studies, numerical examples and group assignments designed specifically for financial institutions. This course was designed to provide an executive summary of IFRS and also an overview of the significant and most challenging features of the standards. It also ensured participants have a chance to utilize the standards as they would in everyday operations and to receive in-depth training in the practical aspect of the IFRS accounting system.
Bank Analysis Training Course in Russian language (26 - 28 August 2009, Budapest)
This event was attended by 13 delegates from 3 countries. The goal of the Training Course was to analyse the lessons of the current global financial crisis and its impact on banks, including the role of different market players (banks, investors, rating agencies, monoline insurers) the responsibility of supervisors for overlooking the factors leading to the crisis and their role in saving banks from failure. We also commented on the pro-cyclical character of several elements of Basel 2 and IFRS. The training was held by Mr. István Lengyel, Secretary General, BACEE/Chief Analyst of the Association.
The 2009 BACEE Annual General Meeting and Belarus/CIS Banking Forum (6-7 July 2009, Minsk)
The Belarus/CIS Banking Forum was attended by 120 delegates from 11 countries. The Forum was dedicated to the recent developments in the economy and the banking sector in the Republic of Belarus and other countries of Central, Eastern and South Eastern Europe and the CIS. The speakers’ panel included representatives of the National Bank of the Republic of Belarus, the Ministry of Finance, the Ministry of Economy. Presentations on other CEE/CIS countries and their banking system were made by central banks, banking supervisors, commercial banks from the region, investors, rating agencies and independent analysts.
In association with
International Conference on Internal Audit in Central and Eastern Europe in co-operation with the Institute of Internal Auditors Hungary and ETK Service LTD (19 June 2009, Budapest)
This event attracted 60 delegates from 5 countries. Our goal was to establish a forum for the financial audit experts to discuss the typical professional issues of the region, to share the best practices and – by that – to contribute to the development of the profession. The invited presenters were bank managers from Central and Eastern Europe, experts in financial audit practices.
Intensive Training Course on Bank Analysis (10 - 12 June 2009, Budapest)
In this event 15 delegates from 7 countries took part. The goal of the Training Course was to analyse the lessons of the current global financial crisis and its impact on banks, including the role of different market players (banks, investors, rating agencies, monoline insurers) the responsibility of supervisors for overlooking the factors leading to the crisis and their role in saving banks from failure. We commented on the pro-cyclical character of several elements of Basel 2 and IFRS. The training was held by BACEE's staff.
Conference on Operational Risk in the financial sector ’2009 presented by BACEE and by the Information System Audit and Control System and endorsed by The Institute of Operational Risk, London (12 - 13 May 2009, Budapest)
The Conference was attended by 83 delegates from 14 countries. It brought together banking, risk management, and IT audit professionals working on identifying, analysing, managing, controlling or auditing operational risks. In addition to discussing the management of operational risks, BACEE teamed up with ISACA Budapest Chapter to give light on a topic that is somewhat neglected by many bank managers nowadays: the management of information technology related risks.
The speakers’ panel included representatives of banking regulatory bodies, central banks, risk analysts, risk managers, and independent IT auditors and consultants who are experts in their fields.
Presentations were delivered by the following speakers:
Mr. Gergely Krisztián Horváth, Member of the Board, ISACA Budapest Chapter
Mr. Tamás Gaidosch, CISA, CISM, CISSP, Partner at KPMG Hungary
Mr. Hendrik Ceulemans, Infogovernance, Boortmeerbeek, Brussels
Mr. János Weisz, Deputy General Manager, kancellar.hu
Mr. Péter Fehér, Consulting Partner, Corvinno Technology Transfer Center, Budapest
Mr. Hansruedi Schuetter, Executive Director, Asia, Middle East & Europe, Risk Business International Ltd., Hong Kong
Mr. Trevor Bedeman, Managing Consultant, UK
Ms. Csilla Gyenes, CISA IT, Internal Auditor, Budapest Bank, Member of GE Money Bank
dr. Gábor Hontert, CISA, CISM, Chief Security Officer, KELER ZRt., Budapest
Mr. Rolf von Roessing, External Partner, KPMG, Germany
Mr. Gergely Szabolcs, Senior Consultant, ITCB Consulting and Training in Banking, Budapest
Mr. Daniel Bican, Senior Manager, Deloitte Advisory s.r.o., Prague
Mr. Zsolt Illési, Consultant, Proteus, Budapest
Ms. Ragnheidur K. Gudmundsdottir, Director of Sales and Marketing, Stiki Information Security
Delegates had the opportunity to understand the issue of operational risk management, gain insight into the operational risk management practices of top commercial banks and other financial institutions, learn methods to cope with information technology related risks, and they also have the opportunity to understand the offerings of risk management software providers
3rd Banking Forum Vienna 2009 incorporating the 20th BACEE Central and Eastern European Country and Bank Conference (23 - 25 April 2009, Vienna)
Influenced by the world financial crisis, the main subject of the event was the measures taken to stabilize the banking system and economies under the global crisis conditions. Furthermore the 20th BACEE Country and Bank Conference was dedicated to the recent developments in the economy and the banking sector in Central and Eastern Europe, South Eastern Europe, the Baltics, Russia, Ukraine, Kazakhstan, the Caucasus and other CIS countries. Exploiting synergies the 3rd Banking Forum of the CIS Countries & Eastern Europe and 20th BACEE Country and Bank Conference provided an excellent platform for the representatives of more than 40 countries for the discussion of developments in the banking system and financial markets in CIS-, Central and Eastern European countries. This event attracted 179 delegates from 34 countries, making it the largest BACEE event even held.
Intensive Training Course on Bank Analysis in Russian language (9-11 February 2009, Minsk, Belarus)
This event was attended by 25 delegates from 3 countries. The goal of the Training Course was to analyse the lessons of the current global financial crisis and its impact on banks, including the role of different market players (banks, investors, rating agencies, monoline insurers) the responsibility of supervisors for overlooking the factors leading to the crisis and their role in saving banks from failure. We also commented on the pro-cyclical character of several elements of Basel 2 and IFRS. The training was held by Mr. István Lengyel, Secretary General, BACEE.
Basel II and European Capital Requirements Directive Training Course by BACEE and KPMG-BME Academy (9 - 11 February 2009, Budapest)
Altogether 16 delegates from 6 countries attended the course that aimed to give practitioners from banks an overview of the Basel Capital Accord and latest CRD changes as a reaction to the financial crisis. We described a rather complex set of regulation in a way that the principles and main drivers are transparent and easy to understand. Furthermore, we provided an overview on internal models and point out business implications and new opportunities beside the road.
‘Operational Risk Management in the financial sector’ Intensive Training Course by BACEE and London-Risk (28 - 30 January 2009, Budapest)
This event attracted 24 delegates from 9 countries. This training course used a combination of prepared tuition, examples, and case studies. Most importantly it offered participants, opportunities to plan such work within small working groups, providing practice in the application of the techniques and tools generating active participation. The training was held by Mr. Trevor Bedeman, Managing Consultant, London-Risk and Mr. Edward Sankey, Member of the Council, London-Risk.