2nd International Conference on Credit Analysis and Risk Management 2013 in Basel – Challenging the Establishment

• Published in: Credit and capital markets (Berlin) 2014-01, Vol.47 (2), p.367-375
• Main Author: Westerfeld, Simone
• Format: Article
• Language: English
• Subjects: Banking industry; Banking law; Banking system; Bankruptcy; Banks; Capital markets; Credit analysis; Credit default swaps; Credit market; Credit rating; Credit risk; Discounts; Economic stability; Financial regulation; International banking; International conferences; Money and credit; Regulation; Regulatory approval; Relationship banking; Risk factors; Risk management; Small & medium sized enterprises-SME; Switzerland; Trends
• ISSN: 2199-1235; 2199-1227; 2199-1235
• DOI: 10.3790/ccm.47.2.367

In September 2013, the 2nd International Conference on Credit Analysis and Risk Management, the Basel Workshop on Credit Risk, was hosted in Basel, Switzerland. Jointly organized by the University of Applied Sciences Northwestern Switzerland and the Universities of Basel, Hohenheim, Oakland, Regensburg, and St. Gallen, the conference was the second in this set-up after the first event was organized in 2011 by the Oakland University, USA. The conference series is intended to establish a discussion platform on credit analysis and related topics for both academia and banking practice alike. In the course of the program, more than 70 international academics and practitioners gathered in Basel for two days to discuss keynotes and latest academic research categorized in the streams Ratings, Regulation, CDS & Bond Pricing, Relationship Banking, and Credit Portfolio Models. Various keynote speakers from different backgrounds started the conference and opened the floor for debate by providing hands-on insights from practitioner's and regulators perspectives: Armin Landerer, Head of Corporate Banking at Basel Cantonal Bank, opened the conference and elaborated on developments and trends in Credit Risk Management from a Commercial Bank's point of view in the Swiss banking environment. Imène Rahmouni-Rousseau, representing the Financial Stability Board, gave an overview on the FSB work agenda and its link to credit risk followed by a lively discussion with the audience. The speech of Markus Heusler, CEO of RSN Risk Solution Network AG, contributed to the topic by a presentation on rating model development for SME from an outsourcing company's perspective, including pitfalls and lessons learned over the last ten years.