EY - Meeting supervisory expectations

EY Global Regulatory Network Webcast

Meeting supervisory expectations

Four questions banks must answer in 2016

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As banks start the New Year, they face an ongoing and formidable challenge: how to create a strategy as well as how to design, implement and manage a business model that meets growing regulatory expectations. In 2016 supervisors will expect banks to answer four big questions:

  • Are you resilient? Do you have adequate capital and liquidity to survive in a stress scenario, and are you on track to comply with new standards for credit provisioning, market risk and risk-weightings?
  • Do you conduct yourself correctly? Do you have the controls in place to ensure that you deal with integrity in financial markets that treat customers fairly?
  • Do you have the right governance? Can you set, and keep, the bank’s risk appetite at a sensible level?
  • Are you resolvable? Have you developed and tested a plan that ensures, without reliance on taxpayer support, that the bank’s critical economic functions will continue in the event you fail?

Join EY’s Global Regulatory Network panelists as they discuss how banks can prepare for the key regulatory challenges facing banks in 2016.


EY - Ted Price

Ted Price

Ernst & Young LLP (US)

Ted Price is an advisor in Ernst & Young LLP’s Risk Governance group.  He was previously deputy superintendent and a member of the Executive Committee at the Office of the Superintendent of Financial Institutions, Canada, serving on the Senior Supervisors’ Group and the Financial Stability Board Supervisory Intensity and Effectiveness Working Group. Ted previously held senior roles at a global investment bank. Ted can be reached at +1 (212) 773-8915 or by email.

EY - Rick Small

Rick Small

Ernst & Young LLP (US)

Rick Small is an executive director in Ernst & Young LLP’s Advisory group.  He has experience with anti-money laundering and financial crimes, and has over 35 years of experience in both the public and private sectors. He spent 12 years with the Board of Governors of the Federal Reserve, concluding as the Deputy Associate Director, Division of Banking Supervision and Regulation, responsible for enforcement, special investigations and anti-money laundering compliance. Rick can be reached at: +1 (212) 773-0307 or by email.

EY - Marc Saidenberg

Marc Saidenberg

Ernst & Young LLP (US)

Marc Saidenberg is a principal in Ernst & Young LLP’s Financial Services group.  He was previously a senior vice president and director of supervisory policy at the Federal Reserve Bank of New York, representing the bank on the Basel Committee, and served as co-chair of the committee’s working group on liquidity. He was actively involved in the development of the Basel III capital and liquidity standards, supervisory expectations for capital planning, liquidity risk management, and recovery and resolution plans. Marc can be reached at: +1 (212) 773-9361 or by email.

EY - John Liver

John Liver

Ernst & Young LLP (UK)

John Liver is a partner in the Financial Services Group of Ernst & Young LLP based in the UK.  He has held regulatory roles with leading investment banks, the UK Financial Services Authority and its predecessors. His roles include leading the thematic supervision in the investment firms division; leading the personal Investment authority supervision, where he oversaw the sales regulation of the life and pensions industry; and management roles in the investment management regulatory organization’s enforcement and supervision departments. John can be reached at +44 20 7951 0843 or by email.


EY - Dr. Thomas Huertas

Dr. Thomas Huertas

Ernst & Young LLP (UK)

Dr. Tom Huertas is partner in the Financial Services Risk group of Ernst & Young LLP based in the UK.  He is also a former member of the Financial Services Authority’s Executive Committee. He also served as alternate chair of the European Banking Authority, as a member of the Basel Committee on Banking Supervision and as a member of the Resolution Steering Committee at the Financial Stability Board. Tom can be reached at +44 (0)20 7951 2556 or by email.