Implementation of a robust liquidity risk management framework and the Internal Liquidity Adequacy Assessment Process (ILAAP)

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Implementation of a robust liquidity risk management framework and the Internal Liquidity Adequacy Assessment Process (ILAAP)

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Over time, supervisory expectations regarding the internal liquidity adequacy assessment process (ILAAP) have evolved. The latest guidance papers from the European Central Bank (ECB) and European Banking Authority (EBA) on the conduct of ILAAP seek to enhance the thoroughness of the process. Whereas the initial focus of supervisors was on building resilience, the emphasis now is on how “internal” the processes are – that is, ensuring that the processes are fully embedded within a bank’s operations and business decision-making and integrated with the supervisory and risk management framework, and “strategic steering”. Banks are being challenged to move beyond a pure compliance mindset and invest resources to enhance how strategy and risk are jointly managed within the business.

ILAAP plays a key role in the risk management of credit institutions. The European Central Bank (ECB) is of the view that sound, effective and comprehensive ILAAPs comprise a clear assessment of the risks to liquidity, and have well-structured risk governance and risk escalation processes based on a well-thought out and thorough risk strategy that is translated into an effective risk limit system.

OBJECTIVE

The course is designed to familiarize the participants with the current regulatory issues in liquidity risk, including Liquidity Risk Management, Asset-Liability Management, Internal Liquidity Adequacy Assessment Process (ILAAP) and the Supervisory Review and Evaluation Process (SREP) for ILAAP. This workshop will provide an understanding of liquidity risk management practices and of the ILAAP framework.

AUDIENCE

This lecture is specially addressed to bank specialists involved in ALM, risk management, financial and reporting, internal audit, etc.

CONTENTS

  • Regulatory requirements on liquidity risk management within Supervisory Review and Evaluation Process (SREP)
  • Key challenges in implementing a robust liquidity risk framework
  • LCR (Liquidity Coverage Ratios) requirements
  • NSFR (Net Stable Funding Ratios) requirements
  • Liquidity Stress Testing
  • Key considerations when assessing the ILAAP Framework

LECTURERS

Andrada Tănase, FRM, ACCA

Andrada Tanase is Manager within FSI Risk and Regulatory Advisory Department practice. She has 8 years of experience in risk advisory, financial reporting, IFRS and Basel III implementations and FSI audits in the banking and insurance sector.

Irina Arsinte, CIA, CRMA

Irina is an experienced Manager within FSI Risk and Regulatory Advisory Department practice. She has more than 10 years experience in financial institutions, both in Romania and the United Kingdom. Having led and participated in numerous internal audit engagements and projects focusing on risk, compliance, internal controls and process efficiency, Irina has gained significant knowledge of the financial institutions regulations and guidelines

DATE

TBA 2020, from 9:00 to 17:00 

RBI will hold the course on its premises, providing specialised lecturers, course materials and catering services during the training day.

CERTIFICATION: certificate of attendance                                   

CONTACT

Emilia Frunză, Training manager

Mobile phone: 0748886834

e-mail: emilia.frunza@ibr-rbi.ro

 

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