T R A I N I N G
C O U R S E
crd 1v OPERATIONAL COMPLIANCE
THE COURSE This one day intermediate to advanced training course aims to blend theory with practice in order to instruct attendees in the new Capital Requirements Directive IV (2013/36/ EU) and Capital Requirements Regulation (575/2013) (CRD IV) framework. It will comprehensively guide attendees through the new capital, liquidity, leverage, and risk requirements, as well as analysing Prudential Supervision framework and the Supervisory Review and Evaluation Process. From an operational perspective, the training course will address the complex COREP and FINREP requirements, technical Data Mapping and Reporting issues, and the calculation of Buffers and Buffer Rates.
Rodrigo Zepeda is Co-Founder and Managing Director of Storm-7 Consulting. He is an expert consultant who specialises in derivatives and financial services law, regulation, and compliance. He holds a LLB degree, a LLM Masters degree in International and Comparative Business Law, and has passed the New York Bar Examination. He was an Associate (ACSI) of the Chartered Institute for Securities & Investment from 2004 to 2014 and is now a Chartered Member (MCSI). He is a Reviewer for the Journal of Financial Regulation and Compliance and has also published widely in leading industry journals such as the Capco Institute’s Journal of Financial Transformation, the Journal of International Banking Law and Regulation, as well as e-books on derivatives law. Noted publications include “Optimizing Risk Allocation for CCPs under the European Market Infrastructure Regulation”; “The ISDA Master Agreement 2012: A Missed Opportunity”; “The ISDA Master Agreement: The Derivatives Risk Management Tool of the 21st Century?”; and “To EU, or not to EU: that is the AIFMD question”.
PIERRE DE GIOIA-CARABELLESE
Pierre De Gioia-Carabellese is currently Associate Professor of Business Law at Heriot-Watt University, Edinburgh, Adjunct Professor of International Financial Law at Padua – MSc in International Trade, and Adjunct Professor in Law of M&A at Ca’ Foscari, Venice. Pierre has acquired extensive professional expertise advising banks, financial institutions and multinationals across a breadth of financial services sectors (derivatives; credit derivatives; loan finance; structured finance; regulatory and capital markets transactions such M&A, takeovers, IPOs). Previous roles include Head of Corporate and Investment Banking Legal Department, Deutsche Bank Italy (2003/2006); Senior Associate, Baker & McKenzie LLP (2000/2003); Associate Legal Department, San Paolo IMI Bank (1998/2000); and Associate Legal Department, IMI Istituto Mobiliare Italiano (1994/1998). He holds, among others, a Juris Doctor summa cum laude, a LL.M. and a Ph.D. in Banking and Financial Law (Siena). He is also a qualified lawyer in Italy (Avvocato) and Scotland (Solicitor and Notary Public). He has also contributed more than 50 publications covering areas such as banking and financial law; company law; employment law; and comparative analysis in law. He is a member of the Editorial Board of Rivista Trimestrale di Diritto dell’Economia and is also the co-author of the leading textbook ‘European Banking and Financial Law’ (Routledge, 2015).
EXPERT TRAINERS
RODRIGO ZEPEDA
PROGRAMME SESSION 1: THE CAPITAL REQUIREMENTS FRAMEWORK • Capital Requirements for the Banking Sector in the EU. • Capital Adequacy, Risk, and Bank Behaviour. • Prudential Supervision, Reserved Activity, Authorisation, and the Supervisory Authority. • Right of Establishment and Mutual Recognition.
SESSION 2: THE CAPITAL REQUIREMENTS DIRECTIVE
• Initial Capital, Internal Governance, and Access to the Activity of Credit Institutions. • Prudential Supervision, Supervisory Measures, Powers, and Penalties, Right of Appeal, and the Supervisory Review and Evaluation Process, • Internal Capital Adequacy Assessment, Calculating Own Funds, and Supervisory Stress Testing. • Risk Management (Credit and Counterparty, Concentration, Securitisation, Market, Operational, Liquidity, and Interest risk arising from non-trading book activities, risk of excessive leverage).
SESSION 3: THE CAPITAL REQUIREMENTS REGULATION
• Supervisory Powers, Prudential Consolidation, Capital Requirements, Own Funds, Common Equity Tier 1 and Tier 2 Capital, Prudential Filters, Deductions, and Threshold Exemptions. • Calculation and Reporting Requirements, Trading Book, Capital Requirements for Credit Risk, Calculation of Risk-Weighted Exposure Amounts, Loss Given Default, CCR, CIU, Wrong-Way Risk. • Own Funds Requirements (Trade and CCP Exposures)(Operational, Positional, Non-Securitisation Debt Instruments, Securitisation Instruments, Foreign Exchange, and Commodity Risks). • Liquidity Risk, Liquidity Coverage Requirement, Stable Funding, Large Exposures, and Leverage.
SESSION 4: CAPITAL REQUIREMENTS OPERATIONAL COMPLIANCE
• Common Reporting (COREP) Requirements and Financial Reporting (FINREP) Requirements. • Data Point Model and Taxonomy, Filing Manual, Filing Rules, Validation Rules, and Data Mapping. • Calculating Total Risk Exposure Amount, Capital Buffers (Capital Conservation, Countercyclical Capital, G-SII, O-SII), Buffer Rates, G-SIIs and O-SIIs. • Strategic Analysis of Capital Requirements and Market and Economic Volatility.
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crd 1v
OPERATIONAL COMPLIANCE
COURSE SUITABLE FOR: BANKING AND FINANCE PROFESSIONALS BUSINESS ANALYSTS CHIEF RISK OFFICERS COMPLIANCE MANAGERS AND OFFICERS GENERAL LEGAL COUNSEL HEADS OF COMPLIANCE HEADS OF OPERATIONS HEADS OF REGULATORY CHANGE HEADS OF RISK INVESTMENT MANAGERS TREASURY ANALYSTS TREASURY FUNCTION