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Training
Course • 5-16 March 2001 Course
Outline
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Session
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Title
& Contents
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Presenter
/ Facilitator
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Day Chairperson
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Ken Waller
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1.0
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Introduction
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Paul McCarthy
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1.1
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Opening
Address
|
François de
Méneval
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1.2
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Day 1: Overview
and Objectives
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Day Chair
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1.3
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Setting
the Scene
Include
picking up themes for Case Study
|
Andrew Brown
Jules Gribble
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1.4
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The
Need for Financial Services Regulation
Who
are the stakeholders? Types of regulation, rationale for regulation,
trends in the style of regulation. Public policy perspectives.
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Amanda Goodban
Treasury
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1.5
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Facilitated
Group Discussion
Objective:
What are participants seeking to get out of Training Program
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Morning Tea
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1.6
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Group Presentations
Summary
outcomes of prior Session
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1.7
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Life Insurance:
IAIS Prudential Regulation Principles
Also
consider various models and issues – at a high level. Examples
of systemic failures. Product comments (and regional variances)
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Rob Donaghy
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1.8
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Pensions: Regulation
and Issues
Includes
definitions and scope
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David Knox
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Lunch - Provided
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1.9
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Panel Discussion:
Current Regulatory Positions and Issues
Pick
up on need/value of a mission statement and its underlying implications
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Edward Sin
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1.10
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Introduction
to Case Study
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Andrew Brown
Jules
Gribble
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DAY
2: Tuesday 6 March, 2001
Theme: Emerging Trends
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Session
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Title
& Contents
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Presenter
/ Facilitator
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Day Chairperson
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Hitesh Shah
AXA
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2.1
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Day 2: Overview
and Objectives
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Day Chair
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2.2
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Case Study
Commentary
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Andrew Brown
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2.3
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Panel
Discussion: Issues, Impediments and How to Address Them |
Edward Sin
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Morning
Tea
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2.4
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E-commerce
Based on paper from Manila Symposium
E-commerce
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Jules Gribble
Sharman Grant
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2.5
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Financial
Statements Analysis
Includes Value Added measures (AV,
et al). P&L, BS, Stats (trend, ratio, etc analysis)
|
Andrew Brown
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Lunch -
Own arrangements
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2.6
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Financial
Statements Analysis: Tutorial
Focus specifically on Life Insurance
and Pension issues – in Groups. General examples, and then refer
to Case Study.
|
Andrew Brown
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DAY
3: Wednesday 7 March 2001
Theme:
Business Financial Risk
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Session
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Title
& Contents
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Presenter
/ Facilitator
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Day Chairperson
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Ken Waller
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3.1
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Day 3: Overview
and Objectives
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Day Chair
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3.2
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Case Study
Commentary
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Jules Gribble
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3.3
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Macro
Environmental Financial and Structural Risks Impacting Life
Insurance and Pensions
General principles
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Phil Gallagher
Treasury
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3.4
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Guarantees
and Life Insurance
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Mike Paterson
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Morning
Tea
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3.5
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Inflation
Risk
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Andrew Brown
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3.6
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Asset
Management and Risks
Particular
reference to Pensions, long term risks and controls. General,
then examples
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Andrew Milford
APRA
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Lunch -
Own arrangements
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3.7
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Case Study:
Facilitated Group Discussion
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3.8
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Case Study:
Group Summary Presentations
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DAY 4: Thursday 8 March 2001
Theme: Consumers and Disclosure
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Session
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Title
& Contents
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Presenter
/ Facilitator
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Day Chairperson
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Murray Jones AXA
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4.1
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Day 4: Overview and
Objectives
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Day Chair
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4.2
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Case Study Commentary
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Andrew Brown
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4.3
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Regulatory Risk
Assessment Techniques
Reference to specific impact on products Some regulatory
responses to emerging trends (ex Day 2)
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APRA
Andrew Milford
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4.4
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A Business Perspective
on Risk Management
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Murray Jones
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Morning Tea
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4.5
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Regulatory Capacities
Includes internal governance, resources, training, legislative
support etc Include reference role of professionals
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Ken Waller
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4.6
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Future
Trends and Issues
Cover issues such as demographics, globalisation,
conglomerates, consumerism etc. Also reference to specific impact
on product and design etc.
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Bjorn Baklien
David Knox
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Lunch - Own arrangements
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4.7
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Case Study: Facilitated
Group Discussion
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4.8
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Case Study: Group
Summary Presentations
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Computer Lab, Level
8, 30 Collins Street
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Back to top
DAY
5: Friday 9 March 2001
Theme: Regulatory Capacity and Risk
Management
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Session
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Title
& Contents
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Presenter
/ Facilitator
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Day Chairperson
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Ken Robinson
AXA
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5.1
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Day 5: Overview
and Objectives
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Day Chair
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5.2
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Case Study
Commentary
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Andrew Brown
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5.2
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Workshop
– Sales and Product Disclosure
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5.3
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Policyholder
Reasonable Expectations and Consumer Responsibilities
Role of Illustrations – inter alia.
Stakeholder Analysis. Specific impact on product etc.
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David Knox
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Morning
Tea
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5.4
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Australian
Consumer
Protections Principles
The underlying principles.
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Clare O’Reilly
ASIC
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5.5
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Panel Discussion:
Consumer Protection – Issues and the Future
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Transfer
to AXA Head Office – 447 Collins Street
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Lunch -
Catered at AXA Offices
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5.6
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AXA:
Discussions with Senior Management
Not restricted to Day Theme.
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AXA: Photograph
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AXA: Cocktails
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AXA: Hosted
Dinner
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Back to top
DAY 6: Tuesday 13 March 2001
Theme:
Financial Risk and Prudential Management
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Session
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Title
& Contents
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Presenter
/ Facilitator
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Day
Chairperson
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Ken Waller
CBA
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6.1
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Day
6: Overview and Objectives
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Day Chair
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6.2
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Case
Study Commentary
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Jules Gribble
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6.3
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Minimum
Valuation Bases
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Jules Gribble
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6.4
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Alternate
Capital Adequacy Models
Reference
to specific impact on product etc
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Dan Craine
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Morning
Tea
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6.5
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Regulatory
Prudential Standards
Required
information - FCR et al
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Robert Thomson
APRA
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6.6
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Panel
Discussion: Assessing Financial Condition
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Transfer
to CBA Head Office
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Lunch
- Catered at CBA/CMG Offices
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6.7
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CBA/CMG:
Discussions with Senior Management
Not
restricted to Day Theme.
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Back to top
DAY 7: Wednesday
14 March 2001
Theme:
Operational Risk and Management
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Session
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Title
& Contents
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Presenter
/ Facilitator
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Day Chairperson
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Hans Wagner
AXA
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7.1
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Day 7: Overview
and Objectives
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Day Chair
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7.2
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Case Study
Commentary
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Andrew Brown
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7.3
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Regulatory
Assessment of Operational Risk
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APRA
Greg Plummer
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7.4
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An Industry
Perspective
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Paul Davis
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Morning
Tea
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7.5
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Regulatory
Assessment of Operational Risk
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Darren Williams
ASIC
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7.6
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Panel Discussion:
Assessing Operational Risk
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Lunch -
Provided and COLAXAN Lottery
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7.7
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Case Study:
Facilitated Group Discussion
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7.8
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Case Study;
Group Summary Presentations
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Computer
Lab, Level 8, 30 Collins Street
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Back to top
DAY 8: Thursday 15 March 2001
Theme: Management Structures and Corporate
Governance
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Session
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Title
& Contents
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Presenter
/ Facilitator
|
|
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Day Chairperson
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Ken Waller
CBA
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8.1
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Day 8: Overview
and Objectives
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Day Chair
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8.2
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Case Study
Commentary
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Jules Gribble
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8.3
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Principles
of Corporate Governance
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Michelene
Hart
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8.4
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Managing
Financial Services Firms
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Patrick
Edwards
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8.5
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Discussion
from 8.3, 8.4
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Morning
Tea
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8.6
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Role of
the Independent Professional
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Hans Wagner
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8.7
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APRA
Comments on Corporate Governance
Includes reference to Conglomerates
and Head Office / Branch relationships
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Greg Plummer
APRA
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8.8
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Panel Discussion:
How to Achieve Appropriate Corporate Governance
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Lunch -
Own arrangements
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8.9
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Case Study:
Facilitated Group Discussion
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8.10
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Visit by
Chairman of APRA & Discussion
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Jeff Carmichael
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Computer
Lab, Level 8, 30 Collins Street
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Back to top
DAY 9: Friday 16 March 2001
Theme: Case Study Reports and The Future
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Session
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Title
& Contents
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Presenter
/ Facilitator
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Day Chairperson
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Hans Wagner
AXA
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9.1
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Day 9: Overview and
Objectives
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9.2
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Future of Best
Practice Regulation
Globalisation – bodies, Future challenges etc.
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David Knox
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9.3
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Case Study Presentations
2 groups. Each for 10 min, then discussion
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Morning Tea
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9.4
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Case Study Presentations
(cont)
3 groups. Each for 10 min, then discussion
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Lunch
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9.5
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Symposium
Review
Areas and issues of critical importance covered.
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Andrew Brown
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9.6
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Panel Session:
Moving Forward
Regulator Perspective: What to take away with you? Actions?
How Industry and regulator may work together.
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9.7
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Graduation Ceremony
& Presentation of Certificates
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Back to top
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