Basel III for Financial Institutions: Latest Reforms & Updates

Basel III for Financial Institutions:
Latest Reforms & Updates
A Two-Part, Online Course

Date: 5^th & 6^th September 2023

COURSE INTRODUCTION

Basel III was first introduced over a decade ago as an attempt to remedy serious shortcomings of Basel II highlighted by the Global Financial Crisis of 2007-8. In particular, Basel II led to insufficient capitalization of banks, insufficient bank liquidity, and furthermore, did not provide a meaningful macroprudential framework to deal with systemic risk, that being whole-system failure.

Since its first release in 2009, there have been several extremely important updates which practitioners need to be aware of. These include, for example, the market risk amendment released in 2016, which changed the way both market risk and credit risk capital charges are calculated for traded securities. Additionally, there are important changes to the standardized approach for credit risk, which impacts capital charges for banking book positions, an entire replacement of prior methods used for operational risk, and IFRS9 has replaced IAS39, with important consequences for credit risk provisions.

This highly interactive course offers a valuable and timely opportunity for banking practitioners to update their knowledge of Basel regulations. The course will provide an in-depth understanding of amendments to Basel III since its introduction, as well as giving a thorough overview of Basel III in its entirety to ensure delegates who are less familiar with banking regulations are able to significantly advance their awareness.

Key Highlights
- Gain a thorough overview of Basel III across all types of risks
- Learn about and understand important updates and reforms to Basel III since it was first introduced
- Appreciate other relevant changes which impact capital charges

Fee

1 participant: RM1,750/$500
2 participants: RM3,500/$1,000
3 participants: RM5,250/$1,500
4 participants: RM7,000/$2,000
5 participants: RM8,750/$2,500

Discounts are available for group bookings. Please contact us for more details.

In-house/group training

If you are looking for an in-house training program or wish to send a group to an existing public program, kindly please contact Andrew Tebbutt at [email protected] or +603 2162 7802.
Learn More

For enquiries please contact:

Normariya Sariman
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44

Ramesh Kalimuthu
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810

For sponsorship & speaking opportunities:

Andrew Tebbutt
Managing Director
[email protected]
Direct Line: +603 2162 7802

For marketing and media enquiries

Govina Selvanthran
Marketing Manager
[email protected]
Direct Line: +603 2162 7800 ext 22

Basel III for Financial Institutions:
Latest Reforms & Updates Online course

Date: 5^th & 6^th September 2023

7.00am - 10.00am
UK

10.00am - 1.00pm
UAE

2.00pm - 5.00pm
Singapore/KL

COURSE INTRODUCTION

Key Highlights
- Gain a thorough overview of Basel III across all types of risks
- Learn about and understand important updates and reforms to Basel III since it was first introduced
- Appreciate other relevant changes which impact capital charges

WHO WILL BENEFIT?

Chief executive officers
Chief risk officers
Chief financial officers
Financial risk managers and analysts
Treasury analysts and market risk managers
Credit risk managers and analysts
Credit managers
Credit administrators
Corporate bankers
Retail bankers
Internal auditors
Compliance officers
Supervisors, regulators and risk standard setters

Program Format

A two-part online program will be delivered online through a stable, secure and free-to-access platform. The program itself will be delivered through lectures, worked examples and case studies in order to ensure a detailed and practical understanding of the program content. Participants will have plenty of opportunity to ask questions and interact with the program director. Login details and program materials will be sent to participants upon receipt of payment

Fee

1 participant: RM1,750/$500
2 participants: RM3,500/$1,000
3 participants: RM5,250/$1,500
4 participants: RM7,000/$2,000
5 participants: RM8,750/$2,500

Discounts are available for group bookings. Please contact us for more details.

In-house/group training

If you are looking for an in-house training program or wish to send a group to an existing public program, kindly please contact Andrew Tebbutt at [email protected] or +603 2162 7802.
Learn More

AGENDA AND FORMAT

Each session will be interactive in a seminar format, with participants encouraged to engage with questions throughout.

PLATFORM

AGENDA

Course duration is six (6) hours divided into three (3) hours each session.

Day 1
Day 2

Day 1

Basel III regulation

Overview of Basel III

The 3-pillars approach of Basel II
Problems with Basel II highlighted by the financial crisis 2007-8
Microprudential changes introduced by Basel III
Macroprudential changes and systemically important banks
Stress-testing and ICAAP
Quiz

Capital and Leverage under Basel III

Minimum capital requirements and tier capital
Pillar 2 risks, and in particular:
- Interest rate risk in the banking book
- Concentration risk
Capital conservation buffer
Countercyclical capital buffer
Leverage ratio
Quiz

Liquidity Requirements under Basel III

Liquidity coverage ratio
Net stable funding ratio
Assessing liquidity under stress scenarios
Quiz

Day 2

Latest Updates to Basel III

Overview of Updates

Why have there been further updates to Basel III since 2009?
What are the main changes and when do they take effect?
Quiz

Credit Risk

The standardized approach
Changes to the scope of IRB approaches
Credit valuation adjustment for derivatives
Quiz

Operational Risk

A revised approach to operational risk measurement
Abolition of complex models (AMA)
The relevance of past operational losses
Calculating operational risk charges under the new method
- Basic indicator component (BIC)
- Internal loss multiplier (ILM)
Quiz

Market Risk Amendment

Motivation for a new market risk standard
Standardised approach
Internal models approach and expected shortfall versus Value-at-Risk
Credit risk migration and Jump to default

Other Changes that have Impacted Banks

Output floors for internal models
Leverage ratio surcharge for the largest banks
IFRS9, credit risk assessment, and relevance to stress testing
Covid-19 and implementation deadline for Basel III reforms (‘Basel IV’)
Quiz

EXPERT COURSE DIRECTOR

Dr Ken Baldwin
Former Director, Financial Policies & Planning, Islamic Development Bank

Dr. Ken Baldwin has worked as a practitioner in banking and finance for over 25 years in senior positions spanning the front and middle offices. Having graduated from Oxford University with a first-class honors degree in Physics in 1989, he qualified as a Chartered Accountant with PWC, before joining UBS, and then later Credit Suisse, in derivatives risk and control functions based in London.

He gained a PhD in microeconomics, and worked in the GCC for 15 years in retail and investment banks. Whilst at Abu Dhabi Islamic Bank, Dr. Ken built an ALM analytic technology platform capable of capturing liquidity and interest rate risks inherent in the many varied financing products used at retail and corporate levels. He then moved to take up the position of MENA Regional Head of Quantitative Analysis for Citigroup. At Citicorp, Dr. Ken worked on structuring complex derivatives products used by Gulf-regional corporations to hedge FX and interest rate risks. Still residing in Bahrain, Dr. Ken then joined Investcorp, where he worked on the risk due diligence of corporate private equity and real estate private equity transactions and portfolio management. After leaving Investcorp, he set up the risk management department for venture capital bank, providing Basel III compliance and deal analysis for the bank. He then operationalized a new Islamic investment bank as its Chief Operating Officer for 3 years, before his most recent industry role at the Islamic Development Bank, where he set up and ran a new department tasked with developing financial policies and risk-based pricing of the bank’s Islamic financing products. Dr. Ken is currently an Assistant Professor of Finance in the UK. He has published quantitative finance articles in peer-reviewed academic journals including the Journal of International Financial Markets Institutions and Money, and the Journal of Risk, and during his earlier career, taught CFA and FRM professional certifications as a pastime for the Bahrain Institute of Banking and Finance.

WHO WILL BENEFIT?

Chief executive officers
Chief risk officers
Chief financial officers
Financial risk managers and analysts
Treasury analysts and market risk managers
Credit risk managers and analysts
Credit managers
Credit administrators
Corporate bankers
Retail bankers
Internal auditors
Compliance officers
Supervisors, regulators and risk standard setters

REGISTRATION

*Please note there is a fee for attending this program. Please contact us for more details.

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Before completing this registration form please read and understand our booking and cancellation policy. Thank you.

Presentation materials: – important, please read carefully

as part of our sustainability drive, we offer standard access to an electronic version of the course materials. A hard copy of the materials can be provided for a fee: RM100 per copy for Malaysia-based participants; US$150 per copy for all other locations.

Please tick here should you wish to receive a hard copy of the course materials.

Booking, Payment and Cancellation Policy – important, please read carefully

By completing, signing and revised, sent separately us this registration form you are conﬁrming participants on the program. You are also conﬁrming your understanding of our Booking, Payment and Cancellation Policy.

Cancellation Policy: If participants cannot attend the program, replacement participants are always welcome. Otherwise, participants must notify us any of cancellations or requests to transfer to a diﬀerent program at least 14 days before the program date to be eligible for a refund, less a 5% administration on fee. Participants who cancel within 14 days of the program start date are liable to pay the full program fee and no refunds will be given. Instead fees will be converted to a REDmoney Seminars voucher equivalent to the original fee, less a 10% administration charge. This voucher is transferable within your organization and must be redeemed within one year of issue or become void. If a program is postponed for whatever reason registrations and fees will be automatically transferred to the new program date. Participants who wish to transfer to a diﬀerent program will be subject to the same terms as above and charged any diﬀerence in fees. No refunds or program vouchers will be issued for a no-show.
Payment Terms: All program fees are payable upon invoice. REDmoney shall receive the full program fee with no deductions of any description. All telegraphic transfer fees, taxes and levies (domestic or otherwise) shall be borne by the sponsoring organization.

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CPE/CPD Applicable:

For enquiries please contact:

Normariya Sariman
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44

Ramesh Kalimuthu
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810

For sponsorship & speaking opportunities:

Andrew Tebbutt
Managing Director
[email protected]
Direct Line: +603 2162 7802

For marketing and media enquiries

Govina Selvanthran
Marketing Manager
[email protected]
Direct Line: +603 2162 7800 ext 22