CRD IV for Banks
Knowledge of the Basel/CRD rules is essential for anyone working in the banking sector. This is however a significant challenge both due to their complexity and because they keep changing, thus making it imperative for professionals to ensure they always have updated knowledge.
The course covers the main changes introduced since the crisis by both Basel III (CRD IV and CRR) and so-called Basel IV (CRD V and CRRII) and other still-to-be-implemented measures. It also includes connected regulatory measures such as EMIR, the BRRD and SRMR and the revisions in these areas to give a comprehensive overview.
£350+VAT per seat*
*We offer special prices corporate prices for teams of 10+ participants
By the end of the programme, participants will be able to:
Know which areas of regulation are changing and in which way
Understand the degree of impact each regulation has
Understand the overall impact of the regulations on their business model
Understand how some of the calculations are done
Understand how much they will need to change their current processes to comply and the level of resources the need to commit
Overview of the evolution of banking regulation and its key areas
The three pillars
The main risk types
From Standardised to Revised
IRB and the Output floor
Counterparty Credit Risk and the Revised Standardised and other methods
Credit Valuation Adjustment (CVA) and how even Basel III is changing
Market risk and ‘Basel IV’/Fundamental Review of the Trading Book (FRTB)
The proposed Revised method, including the Sensitivities-based Method
Changes to the Internal Model Method (IMM)
The proposed Revised Standardised approach and end of the Advanced
The various buffers, including MREL
What counts – Common Equity Tier 1, etc.
What must be deducted
The Leverage Ratio
The Liquidity Coverage Ratio
Inflows, outflows and High-Quality Liquid Assets (HQLA)
The Net Stable Funding Ratio (NSFR)
Required v Available Stable Funding – the different weights
Pillars 2 and 3
Interest Rate Risk in the Banking Book (IRRBB)
Internal Capital Adequacy Assessment Process (ICAAP) and Supervisory review, stress tests, governance
Banking regulation and the market – the impact on Return on Equity
Rules, principles and ideas applicable to financial promotions
Promotions beyond MiFID – Codes of Advertising Practice, law, good taste
What is a promotion and the extent to which it matters?
The regulatory framework for promotions: MiFID Org Reg, article 44
Context of financial promotions as part of product development and governance
The effect of rule breaches
Through a presentation of the programme content, the course is designed to promote questions and discussion throughout. It includes numerous real-life local examples and case studies for a deeper understanding.
This programme may be approved for up to 5 CPD units in Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies where you hold membership.
Who should attend
The programme is ideal for:
Risk and compliance staff
Front office staff in the Credit and Market risk areas
Operational risk staff
Who is Michael Stafferton?
Michael began his financial markets career in 1986 on the Financial Engineering desk at Yamaichi International, then one of the so-called ‘Big Four’ Japanese securities houses. The desk was mainly responsible for designing, structuring and swapping vanilla and structured bond issues for European clients. He then moved to a coverage role, predominantly in the UK and Eire, with responsibility for some of the more technically demanding clients, including the Bank of England and the European Investment Bank. He greatly expanded the volume of deals done, including a government, major banks, building societies and corporates. The role also involved working on UK privatisations and with the bank and fund management arm. In 1994 he moved to Kleinwort Benson with responsibility for debt, convertible and tax-structured origination with a number of top UK companies and helped launch an FRN. He has been training across a wide spectrum of cash instruments, derivatives, commodities and in risk management and regulation since 1999, at up to senior management level globally, his clients comprising mainly the top tier investment banks and fund managers, and is the author of a textbook on credit derivatives (Credit Derivatives Workbook, Euromoney, 2004).
Price - 350
CPDs - 5