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Course Title
The new
Basel Accord (Basel ii) and the implementation in the European Union
via the Capital Requirements Directive - 5
days
Objectives:
The seminar
has been designed to provide with the knowledge and skills
needed to understand and support Basel II compliance in EU.
Target Audience:
This course can be customized to meet
the needs of Risk and Compliance Officers, Managers and
Professionals
Duration:
5 Days, 09:00 to 17:00.
Course Synopsis:
From The
Bank for International Settlements (BIS) to the Capital
Requirements Directive
· The Bank for International Settlements (BIS)
· The Basel Committee on Banking Supervision
· Regulatory
supervision of internationally active banks
· From the
failure of the Bankhaus Herstatt and the crisis of confidence to
the Basel i and ii frameworks
· From the Basel ii framework
to the Capital Requirements Directive
· Too many levels of
freedom, too many challenges and difficulties for the national
supervisors
· The
First Basel Capital Accord
· Assets are weighted by factors
· On-balance
sheet
· Off-balance sheet
· Examples of capital
requirements
· Basel I amendments
·
The New Basel Capital Accord (Basel
II)
· Realigning the regulation with the economic
realities of the global banking markets
· How much capital
is necessary to serve as a sufficient buffer?
· Improving
risk and asset management
· The technical challenges for
both banks and supervisors
· The three-pillar regulatory
structure
· Purposes of Basel II
· Scope of the
application
· Pillar 1:
Minimum capital requirements
· Credit Risk – 3
approaches
· The standardized approach to credit risk
·
Claims on sovereigns
· Claims on banks, corporates
· The
two internal ratings-based (IRB) approaches to credit risk
·
Some definitions: PD - The probability of default, LGD - The
loss given default, EAD - Exposure at default, M – Maturity
·
5 classes of assets
·
Pillar 2: Supervisory review
· Key principles
· Aspects
and issues of the supervisory review process
·
Pillar 3: Market discipline
· Disclosure requirements
·
Qualitative and Quantitative disclosures
· Guiding principles
· Employees Affected
· Effective Dates
·
Framework for internal control
systems in banking organizations - Basel Committee on Banking
Supervision
· The 13 Principles for the Assessment of Internal
Control Systems
· The 13 Principles and COSO
· The
control environment
· Risk assessment
· Control activities
· Information and communication
· Monitoring
· Types of
control breakdowns typically seen in problem bank cases
· The
objectives and role of the internal controls framework
· The
major elements of an internal control process
· Evaluation of
internal control systems by supervisory authorities
· Role
and responsibilities of external auditors
· Supervisory
lessons learned from internal control failures
·
Operational Risk
· What is operational risk
· Legal risk
·
Information Technology operational risk
· Operational,
operations and operating risk
· The evolving importance of
operational risk
· Quantification of operational risk
·
Loss categories and business lines
· Operational risk
measurement methodologies
· Identification of operational
risk
· The Delphi method
·
Operational Risk Approaches
· Basic Indicator Approach (BIA)
·
Standardized Approach (SA)
· Alternative Standardized
Approach (ASA)
· Advanced Measurement Approaches (AMA)
·
Internal Measurement Approach (IMA)
· Loss Distribution (LD)
· Standard Normal Distribution
· “Fat Tails” in the normal
distribution
· Expected loss (EL), Unexpected Loss (UL)
·
Value-at Risk (VaR)
· Value-at Risk and Basel I amendment,
1996
· Value-at Risk and Basel II
· Calculating Value-at
Risk
· Monte Carlo simulations
· Monte Carlo limitations
· Extreme Value theory
· Scoreboards
· Stress Testing
·
Stress testing and Basel
· (AMA) Advantages / Disadvantages
· Recognition of the firms’ own modelling of operational risk
losses
· “Weak banks”, internal and external audit and sound
practices for operational risk
· Self assessment
· Key
Risk Indicators
· Operational Risk Measurement Issues
·
The game theory
· The prisoner’s dilemma – and the connection
with operational risk measurement and management
·
Operational risk management
· Operational Risk Management
Office
· Key functions of Operational Risk Management Office
· Key functions of Operational Risk Managers
· Key functions
of Department Heads
· Internal and external audit
·
Operational risk sound practices
· Operational risk
mitigation
· Insurance to mitigate operational risk
· Third-party service
providers and vendors
· Redefining outsourcing
· Outsourcing
services and Basel II compliance
· The new definition of
outsourcing
· Outsourcing after Basel II
· Offshore
outsourcing is also redefined
· Key risks of outsourcing
·
What is needed from vendors and service providers
·
Capital Requirements Directive (CRD)
· Harmonizing Europe with Directives
·
Directive 2006/48/EC
· Subject matter, scope and definitions
Requirements for access to the taking up and pursuit of the
business of credit institutions
· Provisions concerning the
freedom of establishment and the freedom to provide services
· Relations with third countries
· Principles and technical
instruments for prudential supervision and disclosure
·
Provision against risks
· Calculation of requirements
·
Minimum own funds requirements for operational risk
· Large
exposures
· Qualifying holdings outside the financial sector
· Disclosure by credit institutions
· Powers of execution
· Transitional provisions
· Directive 2006/49/EC
· Subject
matter and scope
· Initial capital
· Trading book
· Own
funds
· Provisions against risks
· Application of
requirements on a consolidated basis
· Calculation of
consolidated requirements
· Monitoring and control of large
exposures
· Valuation of positions for reporting purposes
· Risk management and capital assessment
· Reporting
requirements
· Competent authorities
· Supervision
·
Powers of execution
·
Home and Host Supervisors
· Cross-border challenges
· The Accord
Implementation Group
· Implementing Basel II Across Countries
· Differences: The European Union and the USA, Middle East,
Pacific Rim, Caribbean
· The implementation of Basel II
around the globe
· Markets in Financial Instruments Directive
(MiFID)
· From Basel ii to Mifid
· The impact of MiFID to
EU and non EU banks
· Aligning Basel II operational risk and
Sarbanes-Oxley 404 projects
· Common elements and differences
of compliance projects
· New standards
· Disclosure issues
· Multinational companies and compliance challenges
The
course can be customized to meet specific needs
·
DIRECTIVE
2006/48/EC OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 14 June
2006
relating to the
taking up and pursuit of the business of credit
institutions (recast)
DIRECTIVE
2006/49/EC OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 14 June
2006
on the capital
adequacy
of investment firms and credit institutions
(recast)
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Join the Basel ii
Compliance Professionals Association (BCPA). Membership is Free
www.basel-ii-association.com/How_to_become_member.htm
Member Benefits
www.basel-ii-association.com/Member_Benefits.htm
Reading Room
www.basel-ii-association.com/Reading_Room.htm
Read more about our Certified Basel ii Professional (CBiiPro)
program:
www.basel-ii-association.com/Distance_Learning_Online_Certification.htm
Read more about our Certified Pillar 2 Expert (CP2E) program:
www.basel-ii-association.com/Distance_Learning_Online_Certification_CP2E.htm
Read more about our Certified Pillar 3 Expert (CP3E) program:
www.basel-ii-association.com/Distance_Learning_Online_Certification_CP3E.htm
Read more about our Certified Stress Testing Expert (CSTE)
program:
www.basel-ii-association.com/Distance_Learning_Online_Certification_CSTE.htm
Privacy and Compliance with the Federal Trade Commission Fair,
the California Online Privacy Protection Act, the Children
Online Privacy Protection Act, the Privacy Alliance, the
Controlling the Assault of Non-Solicited Pornography and
Marketing Act
www.basel-ii-association.com/Privacy.htm
Become a member of the Basel ii Compliance Professionals
Association (BCPA). Membership is Free. You will receive a
monthly newsletter with risk and compliance management news,
alerts and opportunities. You can register below:
Certified Basel
ii Professional (CBiiPro)
Basel ii Distance learning and online
certification program
The Cost:
US$ 297
What is included
in this price:
A. The official presentations we use in our
instructor-led classes
B. Up to 3 Online
Exams
There is only one exam you need to pass, in order to become
a Certified Basel ii Professional (CBiiPro).
If you fail, you
must study again the official presentations we have sent you
(paragraph A above), but you do not need to spend money to try
again. Up to 3 exams are included in the price.
C.
Personalized Certificate printed in full color.
Processing, printing, packing and posting to your office or
home.
D. The Capital Requirements Directive (CRD)
official presentations we use in our Basel ii (instructor-led)
classes in the countries of the European Union (395 slides).
To learn
more:
www.basel-ii-association.com/Distance_Learning_Online_Certification.htm
The Capital Requirements Directive amendment II ('CRD II')
The Capital Requirements Directive amendment III ('CRD III')
The Capital Requirements Directive amendment IV ('CRD IV')
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