Learning Points

A brief overviews of Solvency II and how it’s implementation is expected to impact financial institutions in Cyprus and the EU
The recognition of why Solvency II, as well as other compliance measures, might be needed in light of the problems facing European institutions
The responsibilities for oversight, born by managers and board members of such institutions
The role of developing a compliance strategy alongside a business strategy in the face of significant costs to compliance
The means of developing an adoption schedule that corresponds to the business's needs
A strategy for interacting with regulators and reducing the financial burden of regulatory compliance in relation to the risk of changes in requirements

Bio for the Speaker

Dr. Maurice Ewing is an experienced banking executive, consultant and board trainer that has worked in over 50 countries. He is an expert in both high-level, Basel/MiFID/CRDIV/Solvency II/Dodd-Frank compliance and in quantitative model implementation: fintech, mobile-lending, predictive analytics, Big Data, etc. Dr. Ewing has regularly advised many of the world’s biggest banks and companies on how to develop profitable business strategies that leverage the compliance measures. He is also a leadership columnist for The Huffington Post, The Harvard Business Review and a contributing expert for Inc. Magazine and Business Insider.

Previously the CRO of one of the largest banks in the EMEA, Dr. Ewing initiated and managed the transformation of a remedial, traditional risk function--consisting of over 400 people spanning 5 countries—to an strategic, forward-looking, analytics powerhouse. During that effort, he also led a Gates Foundation project to develop the world’s first mobile-scoring, lending and pre-approval product delivery platform to support a “virtual wallet” eco-system in an emerging market. Dr. Ewing is considered one of a handful of experts in the world in alternative delivery channel and fintech architecture, implementation and risk management.

Prior to founding his consultancy, Conquer Risk, Dr. Ewing taught Executive-MBAs within the Kellogg-HKUST MBA programme in Hong Kong for several years and prior to this, he developed systemic risk models as an analyst for the New York Federal Reserve. Dr. Ewing received his PhD and MA in Economics from Princeton University and his double-BA in mathematics and economics (Honors Thesis) from Northwestern University. Dr. Ewing is both a charter member and certified, Financial Risk Manager (FRM) of the Global Association of Risk Professionals (GARP) and a Subject Matter Expert for the Professional Risk Manager’s International Association on enterprise risk management.

Though continually travelling throughout the EMEA and Americas regions, Dr. Ewing has lived in Cyprus since 2006.