Opening the event, the European Banking Authority provided a general overview of the regulatory framework and the European banking sector. This was followed by presentations from prestigious national and international speakers on important topics, including the new single European supervisory structure, the status of credit in Italy and future developments using figures from the CRIF Information Core, and the 2015 research project “Peer-to-peer lending: myth or reality?” undertaken by SDA-Bocconi and CRIF. During the plenary session, the presentation by Andrea Goldstein, Managing Director of Nomisma, focused on analysis of the economic outlook and a comparison between the global, European and Italian contexts.
This was followed by a round table on future, post-AQR, scenarios, with the necessary adjustments required by the new regulation for correct lending and risk management by Italian credit institutions (Bank of Italy Circular no. 272/2008).
In the afternoon there was a discussion on data, processes, technology platforms and outsourcing, enabling credit companies to have a structured approach to strategic planning through the assessment of the quality of the credit market, of their positioning, and the potential for development in the country. There was also a look at the new supervisory framework and regulatory changes, which will result in a return to the basics of lending, accompanied by new challenges and increasing responsibilities in relation to anti-money laundering and compliance.
In the afternoon there was a discussion on data, processes, technology platforms and outsourcing, enabling credit companies to have a structured approach to strategic planning through the assessment of the quality of the credit market, of their positioning, and the potential for development in the country. There was also a look at the new supervisory framework and regulatory changes, which will result in a return to the basics of lending, accompanied by new challenges and increasing responsibilities in relation to anti-money laundering and compliance.
This was followed by speeches focusing on the better management of credit policies and the optimization of decision-making processes, the correct determination of loan-to-value in mortgage lending, and the potential impacts on the main risk indicators and RWA, without forgetting the importance of document consistency checks for improved fraud identification.
Moreover, effective monitoring of the credit portfolio requires a combination of regulatory, management and operational aspects, optimizing capital allocation and maximizing the overall profitability of the institution. The adjustments required by the new regulation and the dynamic redefinition of risk control strategies require institutions to develop effective management of their portfolios which is both compliant with the requirements of the Supervisory Authority but at the same time taking advantage of innovations to reach better business results. Finally, the session looked at the most innovative solutions for the management of problem credit, ranging from portfolio segmentation to the redefinition of collection strategies aimed at resolving NPLs, including through assisted voluntary sale as part of consultancy.
For more information: financemeeting@crif.com
