Registration Time: 13:15
Sessions Time: 13:30 - 15:30

The session is being organised by the MIA Banking Working Group, under the remit of the MIA Financial Services Committee.

Speakers: Mr Mario Baldacchino, Mr Christian Buttigieg & Mr Ronald Mizzi

Venue: Online Webinar

Participation Fees (The Institute is now accepting payments via Paypal)
MIA Members: €28.00
Non-MIA Members: €50.00
Retired Members: €15.00
Students: €20.00

*Group bookings for 3 or more participants available.

BACKGROUND INFORMATION

The objective of the session will be to delve into:
• the resolution planning and reporting framework – background and rationale;
• common data deficiencies and challenges (trends) faced by MFSA;
• MFSA’s suggestions for improvement to banks (in relation to the above); and
• expected changes and suggestions on how banks can be prepared.
The above will be tackled through a presentation by representatives from the Malta Financial Services Authority (MFSA), which will then be followed by a Questions and Answers session

SPECIFIC TOPICS TO BE COVERED DURING THE SESSION

• Liability Data

• Critical Functions and Financial Infrastructures Reporting

• Preparation of Playbooks and FMI Contingency Plans, Management Information Systems

• Valuation and Dry-runs

WHY IS THE SESSION OF RELEVANCE TO OUR MEMBERS?

In view that the area of expertise in resolution is still evolving, one can look at resolution as an area of growth and a constant learning experience. The aim of this session is to continue raising the level of awareness of attendees about the underlying concepts of resolution and the various elements of resolvability that are intrinsically related to the quality and quantity of data provided at planning stage. Attendees will appreciate the preparation that goes into such a process and also the areas which need to be strengthened going forward. The discussion shall aim towards evaluating the current challenges encountered in conducting resolvability assessments and the deliverables being provided by Banks within the area of resolution.

TARGET AUDIENCE

This seminar is targeted towards individuals working in credit institutions, namely in areas of recovery and resolution planning, risk management, asset liability management, information technology, operations, finance and internal audit.

Speakers' Profiles

Mario Baldacchino is a Bachelor of Commerce (Hons.) graduate in Economics from the University of Malta and holds a Master of Science degree in Finance (majoring in Economic Policy) obtained from the University of London. Mr Baldacchino has been working in the field of Crisis Management in Banking over the past ten years. Prior to joining the Resolution Unit at the MFSA, Mr Baldacchino formed part of the Crisis Management Unit within the Financial Stability Department at the Central Bank of Malta, focusing on Micro Prudential Policy and Crisis Management. He joined the resolution planning team within the Resolution Unit in June 2017 where he occupied the role of Analyst and later as Senior Manager. Mr Baldacchino's primary areas of responsibility revolved around ongoing resolution planning activities, the conduct of resolvability assessments for both Significant and less Significant Institutions licenced in Malta, and the direct participation in Internal Resolution Teams with the Single Resolution Board. Mr Baldacchino is also actively involved in the discussions surrounding resolution policy development and their application domestically. On 1 January 2023 Mr Baldacchino was appointed as Deputy Head within Resolution.

Christian Buttigieg was appointed Head of Resolution on 1 September 2022, leading a multidisciplinary and dynamic team. He joined the Resolution Unit in January 2017 as a senior manager and has been an integral part of the process to set up the necessary structures of the function. Mr Buttigieg actively participated in negotiations to finalise the second iteration of the Bank Recovery and Resolution Directive, which regulates the resolution process in the EU and is also the MFSA representative on the Single Resolution Board’s Plenary Committee.

Mr Buttigieg joined the Central Bank of Malta in 2005 after obtaining a B.Com (Hons.) in Economics from the University of Malta. At the Central Bank, Mr Buttigieg joined the Financial Stability Department and covered various areas for a number of years. He subsequently joined the Economics Department and was involved in economic analysis and forecasting for around four years. Subsequently, he moved again to Financial Stability within the Central Bank before joining the Resolution Unit at the MFSA. He also continued his studies and obtained a Masters in Financial Economics and a Masters of Law (Banking and Finance) from the University of London. 

Ronald Mizzi is currently the Chief Financial Officer at APS Bank plc. Prior to this he worked at FIMBank plc, having spent his earlier career with PricewaterhouseCoopers in Malta, the Channel Islands and New York. Ronald is a Fellow of the Malta Institute of Accountants, also sitting on a number of its sub-Committees.

EVENT CPE COMPETENCES

2 Hours Core

WEBINARS TERMS AND CONDITIONS

Terms and conditions  apply

DISCLAIMER

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Please note that all webinars are recorded by the MIA. Such recordings will be retained by the MIA for internal use.