Basel III – What's new vs. Basel II

This Basel III training will focus on the key aspects of Basel III and highlight how it differs from those in Basel II. It will discuss additional compliance requirements for Basel III, the costs involved, implementation timelines and provide a framework for end-to-end implementation.

Why Should You Attend:

Although US financial institutions have been managing risk exposures for years and are constantly striving for regulatory compliance, supervisory qualification remains difficult, and seems like a mirage in the distance. The introduction of new or revised regulations combined with a constant rising of the bar by regulators keeps banks’ risk and finance managers on their toes and mandates that they remain current with industry leading practices.

Banks have already spent a significant amount of capital on Basel II compliance and an additional amount will be spent to comply with Basel III. This cost increases if one were to include other regulations such as Dodd Frank (DFAST, CCAR) and Sarbanes-Oxley.

This session will provide an insight into what is needed from an end-to-end planning perspective while recognizing forthcoming challenges in the multi-year implementation program at your financial institution.

Areas Covered in the Webinar:

All updates to the Basel risk management framework have been made with the goal of promoting economic stability and reducing the impact of economic downturn conditions on the financial sector. This webinar will cover key aspects of Basel III that include:

• Higher capital ratios
• Focus on higher quality capital
• Additional risk coverage
• Introduction of leverage ratios
• Introduction of liquidity risk management, monitoring and pending liquidity ratios
• Revised standardized approach
• Stricter data requirements
• Reduction of procyclicality and promoting countercyclicality
• Collins amendment
• Implementation timelines for banks
• End to end implementation framework

This webinar will also cover challenges that banks are expected to face as they implement Basel III.

Who will Benefit:

• Risk Officers
• Compliance Officers
• Financial Officers
• Internal Auditors
• Line of Business Risk Managers
• Lines of Business Heads
• Regulatory Compliance Officer
• Staff with roles and responsibilities in systems and data management

Instructor Profile:

Varun Agarwal, is a Principal in the Risk and Compliance Practice within Capgemini’s Financial Services. Mr. Agarwal has over 19 years experience in areas that span from Regulatory Risk Management, Enterprise Risk Management, Risk Appetite, Credit, Market, and Country Risk Management. He has previously worked for JP Morgan Chase, HSBC and Deloitte & Touche in areas of Risk Strategy and Risk Consulting. His educational background includes a PhD in Economics, MS in Financial Economics and BS in Engineering. He is awaiting receipt of the CFA charter having passed all three levels of CFA exams. He is a published author on articles related to risk management; presented at numerous industry and trade conferences at both national and regional levels; featured in videos and blogs of third party information providers.