The recent economic meltdown has further underscored the need to develop and implement international standards that would offer more protection to the international financial system against financial and operational risks. The Basel Committee on Banking Supervision in conjunction with bank governors of nearly 30 countries have proposed a new set of capital measures which will (within the Basel II framework) aim to augment the how banks are regulated and supervised in order to minimize the systemic risk in the event of another financial crises. The new laws will be tougher and have a broad impact on the banking sector both here in the US and abroad. By all many accounts, the US has reaffirmed its commitment to implement the new Standards by 2011.
Although many of the changes will initially and most completely impact major financial institutions, the paradigm that they will usher in will have an impact on all banks large & small. To review these significant changes in especially with regard its advanced implementation, The Knowledge Group is producing a two-hour LIVE Webcast on Basel II and these revisions. A panel of distinguished experts from the field will gather to assist you in learning more about Basel II and how your firm can adapt to these changes.
Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Group, LLC
Recommended CLE/CPE Hours: 2.0
Important Note: Your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date or you will not be able to obtain CLE credit.
Advance Preparation: Print and review course materials
Course Code: 093917
Michael E. Bleier
Partner
Alok Sinha
Principal
Michael L. Stevens
Senior Vice President, Regulatory Policy
Nancy Hunt
Acting Associate Director of the Capital Markets Branch,
Division of Supervision and Consumer Protection
Michael E. Bleier, Partner, Reed Smith LLP
What role does capital play?
- Why is it necessary?
- What efforts were undertaken in the past to deal with capital?
- Whatever became of Basel II?
- Is there a Basel III?
Michael L. Stevens, Senior Vice President, Regulatory Policy, Conference of State Bank Supervisors
- Back to the Future: A more conservative banking industry
- Regulatory drivers
- Industry drivers
- What do we (as a country) want this industry to look like?
- Rebuilding our regulatory structure.
Alok Sinha, Principal, Deloitte & Touche LLP
Basel Committee’s latest guidance in response to credit crisis toward ensuring a stronger capital and liquidity regime
- Raising the consistency, quality and coverage of capital base
- Risk coverage
- International leverage ratio
- Inclusion of pro-cyclicality measures
- Liquidity measurement and monitoring framework
- Liquidity coverage and funding ratios
- Liquidity monitoring tools
Nancy Hunt, Acting Associate Director of the Capital Markets Branch, Division of Supervision and Consumer Protection, Federal Deposit Insurance Corporation (FDIC)
- Recap of BCBS developments in 2009
- Highlights of BCBS work plan for 2010
- U.S. implementation of June 2009 BCBS recommendations
- Process for implementing December 2009 BCBS recommendations
- Bankers.
- Risk managers in financial institutions
- Rating agency analysts
- Financial controllers in large institutions
- Credit risk analysts
- Portfolio analysts / managers
- Treasurers
- Financial, Operational, Business Application and External Auditors
This is a must attend event for anyone interested in understanding BASEL II
- New guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A