Risk Review: What Does CCAR Mean For You?

Welcome to the very first edition of Risk Review this year! As we edge closer to RiskMinds Americas, taking place in Chicago this September 20-23, the last few months have been reminders of just how unpredictable and turbulent the global geopolitical and macroeconomic climate can be.

With our lives being influenced by Brexit, an impending new U.S. President and negative interest rates, to name just a few impending challenges, it is fundamental for risk managers to be aware of every possible risk eventuality and the potential implications these factors will have on our evolving financial landscape.

The topic of CCAR therefore is especially timely for us to be addressing in Risk Review this quarter. This is not only because of the necessity for banks to get to grips with the specifics of today’s regulatory frameworks, but fundamentally the importance of having a comprehensive stress testing program is being constantly validated by the world we live in.

I'm looking forward to a range of fascinating risk discussions in Chicago in a few weeks time, but for those who can't make it I do hope to see you in Amsterdam for RiskMinds International this December!