JKR16

Basel IV – Understanding the Changes and Implementation 

April 17, 2019 • Toronto

This one-day intensive seminar will give you a deep understanding of the Basel IV changes, mainly related to the calculation of credit risk RWAs. The main changes on market risk and operational risk capital requirements are also covered.

CPE Hours: Course – 6 hours

This one-day intensive seminar will give you a deep understanding of the Basel IV changes, mainly related to the calculation of credit risk RWAs. The main changes on market risk and operational risk capital requirements are also covered.

Although the Basel IV framework is not due until January 2022, this seminar is relevant for the following reasons:

  • Early implementation of certain elements of the new framework (e.g., real estate financing) may be adopted early by the supervisory authorities
  • New data (e.g., LTVs at origination of mortgage assets) required for the calculation of RWAs on assets outstanding in 2022 would need to be recorded at origination
  • Capital planning and stress testing stretching beyond 2021 would need to incorporate the new framework
  • Implementation planning is likely to start notably before implementation. This seminar will aid in calculating the impact analysis
  • Pricing on long-term assets, such as mortgages, that will be outstanding at the date of application would need to incorporate their capital usage
  • Equity analysts are likely to start incorporating the Basel IV impact in their capital assessments

Registration Fees

Registration
Options
Before
February 28, 2019
Before
March 14, 2019
After
March 14 2019
1 Seminar $1,099.00 + HST $1,199.00 + HST $1,299.00 + HST
2 Seminars  $2,199.00 + HST $2,299.00 + HST $2,399.00 + HST
1 Seminar + Course $3,299.00 + HST $3,399.00 + HST $3,499.00 + HST
2 Seminars + Course  $4,399.00 + HST $4,499.00 + HST $4,599.00 + HST

Choice of Seminar -  Basel IV  and/or  Enhancing Bank Capital

Choice of Course -    IFRS 9  and/or  Basel III

Our HST Number: R862562543

Group Discount: Fourth Delegate FREE!

If three individuals from one organization register at the same time, a fourth person may also be registered to attend free of charge. The free registration must be of equal or lesser value than the paid registrations. Please contact us to arrange for attendance of larger groups.

Your Registration Includes

Registration fees include all conference materials, continental breakfast, lunch and refreshments. Parking and accommodation are not included.

FREE CONFERENCE WORKBOOK

As a registered delegate, you will receive a complete set of conference materials. These materials will serve as an invaluable guide, both during and after the event. The workbook will be distributed on the morning of the first day beginning at 8:00 a.m.

Supplementary Text Included in Course Fees

All participants receive a copy of  “Accounting for Derivatives – Advanced Hedging Under IFRS 9” Second Edition by Juan Ramirez.

Cancellation Policy

Substitutions may be made at any time. If you are unable to attend, please make cancellations in writing and fax to (416) 504-6978 prior to 5:00 p.m. on March 29, 2019. A credit voucher will be issued to you for the full amount, redeemable against any other Acumen conference. If you prefer, you may request for a refund of fees paid less $250 administration fee. Registrants who cancel after above date will not be eligible to receive any credits or refunds and are liable for the entire registration fees.

Confirmed delegates who do not cancel before March 29, 2019, and fail to attend will be liable for the entire registration fees.

Acumen Information Services reserves the right to change the date, location and content for the event(s) offered herein without further notice and assumes no liability for such changes.

Early Bird Registration Discount

Register prior to to March 14, 2019, and you will obtain the following additional savings:

Second delegate: $50.00 Discount
Third delegate: $75.00 Discount
Fourth delegate: FREE

Please indicate that you are eligible for this offer on the registration page or your registration form if you are mailing in your registration.

Location, Accommodation

The conference will be held at a convenient location in downtown Toronto. Venue information and special conference pricing details will be provided will be provided upon confirmation of the venue.

Delegates can register at the Acumen service desk beginning at 8:00 a.m. on the morning of the first day of the conference. Registration fees do not include hotel accommodation.

Seminar Agenda

 

Introduction

  • Capital requirements. Role of the capital buffers
  • Risk-weighted assets
  • Pillar 1 vs Pillar 2 capital requirements

General Methodology for Identification of Enhancement Opportunities

  • General methodology
  • Case study: Canadian banks’ main initiatives

Opportunities for Reducing Credit Risk RWAs

  • Data cleansing opportunities
  • Methodological improvements
  • Case study: Identifying opportunities under the standardized approach
  • Case study: PD / LGD opportunities under the IRB approach
  • Use of credit risk mitigation techniques
  • Improving RWA impact of workout processes
  • Case study: Bank ABC’s mortgage portfolio opportunities
  • Case study: Commerzbank’s synthetic securitization of SME portfolio

Opportunities for Reducing Market Risk RWAs

  • Derivatives capital enhancement strategies
  • FX exposures and structural hedging
  • Case study: Barclays’ restructuring of level 3 assets

Opportunities for Reducing Operational Risk RWAs

  • General methodology
  • Mitigation techniques

Opportunities for Enhancing Capital

  • Excess capital in subsidiaries
  • Uncovering value from hidden assets
  • Improving the capital stack
  • Case study: Banco Santander Brazil buyback of minority interests
  • Case study: Banco Popular joint venture with Varde Partners

Other Opportunities

  • Case study: Barclays’ AT1 liability management
  • Stock buybacks vs. dividends
  • Pillar 2 capital enhancement opportunities
  • Case study: RBS’ balance sheet deleveraging
  • Case study: Deutsche Bank’s partial listing of DWS
  • Case study: Citigroup’s use of DTAs

This Seminar runs from 9:00 a.m. – 4:30 p.m. including lunch as well as morning and afternoon breaks.

Note: The accounting and regulatory capital considerations set out in this seminar are based on the instructor’s interpretation of IFRS and Basel guidance. Institutions that the author is affiliated to can therefore by no means be associated with his interpretation.

 

 

Supplementary Text Included in Course Fees for Delegates
Taking Both the Basel IV and Enhancing Bank Capital Seminars

 

“Handbook of Basel III Capital” by Juan Ramirez
Ramirez 3-43Course Leader
Juan Ramirez

Juan Ramirez is a senior professional at Deloitte in London, working on complex Basel III capital and IFRS 9 accounting and situations. Mr. Ramirez has advised many banks on implementation and optimization of regulatory captial and IFRS 9.

With an MBA from University of Chicago, Mr. Ramirez moved to London to
work at JPMorgan and later Lehman Brothers, Barclays Capital, Banco Santander and BNP Paribas. He has devoted more than 20 years to market risk in
front office positions

Mr. Ramirez is the author of  “Handbook of Basel III Capital”, “Accounting for Derivatives”, and “Handbook of Corporate Derivatives
and Equity Capital Markets”.

Who Should Attend

This conference has been specifically designed for, and in consultation with, experts in accounting for financial institutions as well as standard setters. The event has been developed with the professional responsibilities of our audience as our focus. As well, auditors, financial advisors, analysts, lawyers and other advisory professionals would benefit from staying current on the information provided at this timely event. In particular, our experience indicates that individuals in the following positions would mostly likely be in attendance:

  • Chief Financial Officers
  • Chief Risk Officers
  • Chief Compliance Officers
  • VPs, Directors and Managers
    • Finance
    • Accounting
    • Financial Reporting
    • Regulatory Compliance
  • Controllers
  • Internal Auditors
  • Audit Committee Members
  • Corporate Counsel
  • Risk Managers
  • Audit and Assurance Professionals
  • Industry Regulators and Standard Setters
  • Financial Analysts
  • Corporate and Securities Lawyers

Comments from Past Delegates to Acumen Conferences

"…provided a very good high level summary of the key impacts of IFRS to financial institutions.”

Associate Chief Accountant, Bank of Montreal

“Presentations were clear even though topics were complex.”

Chief Financial Officer, Société Générale

“Best conference I’ve ever attended.”

Senior Manager, Enterprise Hedge Accounting and Derivative Reporting, Royal Bank of Canada

“Suffice it to say that the conference delivered on my expectations…A lot has been taken away from this conference…$ well spent…”

V.P. Risk Management Advisory, New Brunswick Credit Union Stabilization Board

“Finally a course that communicates true technical knowledge”,

Director, Operations Finance NAV Canada

“This seminar was fantastic – very informative and has some extremely interesting and knowledgeable speakers.”

Manager, Corporate Accounting Brascan Power

“Great balance between theory and practical application/issues. Perfect level of detail…”

Treasury Manager CHC Helicopter Corporation
“Speakers were very knowledgeable, materials were current…examples and materials were relevant and well presented.”

Derivatives Accountant, Agrium Inc.

To obtain a copy of the brochure, please send a request to the email below or click on the image of the brochure on this page.

e-mail at info@acumeninformation.com

Submit Questions

To submit questions to be answered at the conference, please send us an email at this address: at info@acumeninformation.com

Sponsorship Information

Limited sponsorship and exhibition options are available for this event, including

• Cocktail reception
• Luncheon sponsorship
• Breakfast sponsorship
• Booth/exhibit space

For more information, or to check availability,
please contact us by phone at (416) 504-6952
or by e-mail at info@acumeninformation.com