WB122023: Rising interest rates and implications for banking supervision

Venue :Online Seminars
Host Name :The SEACEN Centre
Date From :15 Nov 2023
Date To :15 Nov 2023


Rising interest rates and implications for banking supervision

The largest, quickest and broadest rise in interest since the past 50 years pose a range of challenges for banks and banking supervisors. This webinar will explore how the effects of rising interest rates are considered in existing accounting and prudential frameworks and their broader implications for regulatory and supervisory policy. The topics covered will include how Pillars 1 and 2 of the Basel Framework address the risks posed by rising interest rates. It will also discuss the accounting classification choices of banks and the complex interactions between accounting and regulatory frameworks and how they affect regulatory capital.

Speaker: Raihan Zamil, Senior Advisor, Financial Stability Institute, Bank for International Settlements (BIS)

About the speaker:

Raihan Zamil has over 30 years of banking policy and supervision experience in advanced, emerging, and transitional economies. Raihan joined the Financial Stability Institute (FSI) of the BIS in 2011 and oversees its banking supervision dissemination programme and outreach activities in the Asia-Pacific region. He represents the FSI in senior groups of the Basel Committee on Banking Supervision, including the Basel Consultative Group, the Basel Core Principles Task Force and the Accounting Experts Group.

From 2000-2011, he worked for the International Monetary Fund and an international consultancy as a banking policy and supervision advisor to central banks in Asia and Eastern Europe. In these capacities, he advised on a range of legislative, regulatory, supervisory, and capacity building initiatives. Before that, he worked at the US Federal Deposit Insurance Corporation for over 10 years, where he held a number of positions in banking supervision, including, the head of the markets supervision of the organisation's Western Region. He was educated at the University of California-Berkeley, Haas School of Business.