Risk reporting, cyber and third-party risk management

Participants will explore effective risk governance models, compare supervisory approaches, and examine real-world case studies from different regulatory institutions.

Risk reporting, cyber and third-party risk management

18th November 2025

2:00pm - 6:15pm GMT

9:00am - 1:15pm EST

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Klaus Löber

Chair, CCP supervisory committee

European Securities and Markets Authority (ESMA)

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.

Agenda

14:0014:10

Course welcome and introduction

14:00 - 16:10

14:1014:40

Current risks and challenges facing central banks in 2025

14:10 - 14:40

  • Geopolitics
  • Climate
  • Quantum cyber threats
  • AI governance

14:4014:10

Understanding risk management functions in central banks

14:40 - 15:10

  • Risk governance
  • Compliance, oversight and internal vs external risks
  • Case study comparisons between mature and developing risk management divisions

15:1015:55

Supervisory reporting frameworks: Operational risk and strategic expectations

15:10 - 15:55

  • Supervisory expectations for capital, liquidity, and operational risk reporting for systemically important banks (SIBs)
  • Highlight operational risk in the reporting process and maintaining data integrity and strong governance
  • Compare mature and emerging supervisory tactics
     

15:5516:25

Break

12:45 - 13:00

16:2517:10

Cyber and technology risks and resilience

16:25 - 17:10

  • Deepfakes, malware and quantum risks
  • Testing, detection and response
     

17:1017:55

Managing third-party risk in a high-stake environment

17:10 - 17:55

  • Emerging threats from supply chain attacks
  • Real world consequences of data breaches
  • Best practices for onboarding and due diligence
  • Continuous monitoring strategies
     

17:5518:10

Tutor closing discussion

17:55 - 18:10

Learning outcomes

  • Identify key risks impacting central banks in 2025
  • Learn to compare internal risk governance models and structures
  • Assess cyber threats and build-up institutional resilience
  • Understand how to manage third-party risk
  • Apply practical tools to strengthen your risk management strategy