Implementation of the new Basel IV framework

Implementation of the new Basel IV framework

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The Basel Committee on Banking Supervision (“BCBS”) officially unveiled the new recommendations for setting the capital requirements for the banking sector, commonly referred to as “Basel IV” in December 2018. These papers completed the work that BCBS has been undertaking since 2012 to recalibrate the Basel III framework. The requirements have been transposed into the legislative Risk Reduction Measures (RRM) package on bank capital and liquidity, comprising of the Capital Requirements Directive (CRD V), the Capital Requirements Regulation (CRR II) and the Bank Recovery and Resolution Directive (BRRD II), issued early June 2019 and aiming to further strengthen the resilience of EU banks.

The impact of Basel IV will be significant and will vary by location, bank type, and business model, and no set of mitigating actions could uniformly address every situation. In order to prepare, banks will need to assess their individual portfolios in order to obtain transparency on the likely effects on their business model, and to work out an appropriate capital-management strategy to mitigate the impact of Basel IV based on its own position.

The European financial services industry will face considerable strategic challenges, making both banks and supervisors to adapt to the regulatory changes at a rapid pace and on an unprecedented scale.

OBJECTIVE

The course is designed to familiarize the participants with the new Basel regulatory requirements, focusing amongst others on reforms in the standardized approach for credit risk, the IRB-approach, the quantification of CVA risk and operational risk approaches, enhancements to leverage ratio and the finalization of output floor.

AUDIENCE

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

CONTENTS

  • Basel IV – overview of key changes
  • Methodological aspects by risk area
  • CRD V/ CRR II package
  • Confront the new requirements proactively by adapting and optimizing policies, processes, and procedures within the financial institution 

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.

Elena Grigore

Elena is Senior Manager in FSI Risk & Regulatory Advisory Department. With more than 10 years experience, Elena managed reporting and modelling Retail Risk in a systemic bank in Romania. Elena’s proficiency includes Credit Risk modelling, Basel II/III/IV requirements for standardized and IRB approach, Credit Risk Management models, IFRS 9 Impairment, Regulatory and Integrated Stress Testing as well as implementation of IT tools for Risk Management and Regulatory Reporting purposes.

DATE

October 24, 2019, 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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