A series of sessions will address various topics such as cybersecurity risks, business continuity, top operating and emerging risks, incident reporting, risk appetite, risk culture, and key risk indicators. They will also cover issues such as Central Bank Digital Currency (CBDC), cloud services in the context of vendor risk management framework, and the review of maturity models and best practices.
In a financial crisis, the potential cost of inaction or inadequate action is possible disruption to the real economy, which would damp activity and put undesirable downward pressure on prices. Such disruptions can come about because crises heighten uncertainty about the financial status of counterparties and about the eventual prices of assets.