Risk reporting, cyber and third-party risk management

Klaus Löber is the Chair of the CCP Supervisory Committee (CCP SC) in ESMA, which was established in 2020. His areas of responsibility encompass the tasks attributed by the European Market Infrastructure Regulation (EMIR) to the CCP SC, in particular the enhanced supervisory convergence towards EU CCPs and ensuring a resilient CCP landscape in the EU as well the monitoring and supervision of CCPs established in third countries in view of the risks that they may pose to the EU financial system. He is also chairing the ESMA CCP Policy Committee contributing to the EU Single Rule Book in the area of CCPs.

Prior to this role, Mr Löber was the Head of the Oversight Division of the European Central Bank in charge of the oversight of financial market infrastructures, payments instruments and schemes. Earlier positions include the Head of the Secretariat of the Committee on Payments and Market Infrastructures, the global standard setting body in the area of payments, clearing and settlement as well as positions in the European Commission, Deutsche Bundesbank and private practice.

Mr Löber regularly publishes on financial markets legal, regulatory and infrastructure issues and lectures at universities.

Mr. Sukhvir Notra is a Senior Information Security Specialist at the Bank for International Settlements (BIS). He has been an information security professional for over 10 years with majority of his career focused on defensive cyber operations. At the Cyber Resilience Coordination Centre (BIS), Sukhvir is responsible for development and delivery of cyber range exercises, managing cyber resilience assessments of central banks and other projects aimed at strengthening cyber resilience and promoting collaboration in the central bank community. His primary interest include leadership, operations, information security readiness and risk management. He has a Bachelors of Electrical Engineering degree and a Masters of Cyber Security from University of New South Wales.

All financial organizations currently face an exceptionally challenging external environment: increasing regulatory pressures, heavy reliance on external third-parties, dominance of cloud based services and Artificial Intelligence (AI), all amid makes issues related to Third Party Risk Management prominent for both regulators and organizations alike.

With a track record of successfully establishing a robust third party risk management (TPRM) function at the International Monetary Fund (IMF), Section Chief, Suyog Peshkar brings a unique perspective on the intersection of operational risks and outsourcing.

In his twenty plus years’ experience, Suyog has advised global firms as well as provided hands-on expertise in delivering outsourcing solutions to generate higher cost savings, mitigate risks and derive efficiencies. Suyog completed a LLM in Commercial and Corporate Law from the University of London and a Masters in Analysis, Design and Management of Information Systems from the London School of Economics (LSE), which enables him to provide ‘techno-legal’ advisory on complex issues related to sourcing governance, risk management and third party compliance.

Recognized as an operational and third party risk expert, Suyog is regularly invited to speak at industry conferences, risk panels and UN seminars. 

Ms Kechewia Charles is the Acting Chief Risk Officer in the Office of Risk Management at the Eastern Caribbean Central Bank in St Kitts. She is responsible for leading the oversight of the management of the Bank’s Enterprise Risk Management, Corporate Compliance Management and Business Continuity Management functions.

Ms Charles has been employed with the ECCB for the past 13 years and has held other roles including supervision of the Banking Services function and leading the development and implementation of the Bank’s Strategic Planning and Management function.  She has worked with several regional institutions in the development and implementation of ERM Systems and Strategic Plans.

Ms Charles holds a BSc (Hons.) in Banking and Finance from the UWI, an MSc in Finance from Lancaster University - UK, MSc in Central Banking  and  Financial Regulation from the Warwick University UK.  Ms Charles is an Associate Member of the Business Continuity Institute, UK (AMBCI), a Certified Compliance Professional (CCP), Certified Anti-Money Laundering Specialist (ACAMS), an ISO31000 Certified Risk Manager (CRM) and a Balanced Scorecard Professional in Strategic Planning (BSP).