Basel III, the subject is all over the press but few banks and investment firms have so far tried to assess its impacts. The changes introduced by Basel III and CRD (Capital Requirement Directive) 4, its European Union implementation, will have fundamental implications for banks and investment firms. Strategic, structural and operational adjustments are likely to be required. Indeed, Basel III must not be considered as a new version of Basel II, as some of the changes are paramount, in particular with the introduction of strict liquidity requirements, tougher capital definitions and the introduction of a leverage ratio.
Regulatory change is a complex challenge that can only be addressed with a coherent and comprehensive approach. However, despite complexity and uncertainty, there are practical and concrete actions that can be taken now to prepare for a Basel III world.
This training course is designed as the first but essential step to grasping Basel III’s full implications. It will be based around some level of theory but also around case studies. The training will also integrate a significant amount of market feedback and insight.
19 May 2020 (ENG) - Webinar format - 2.30pm-4.30pm
9 June 2020 (ENG) - Webinar format - 9am-11am
Classroom based: 1050.00 €
Webinar: 300 €
Classroom based: 7h
Language: English, also available in French and German
Number of participants: 20
By the end of this training, the participants will be able to:
1. From Basel II to Basel III
2. Evolution of the minimum capital requirements and introduction of buffers
3. Introduction of a Leverage Ratio
4. Basel III from a Liquidity Perspective
5. Expected strategic and operational impacts for the market, as well as an overview of the initial feedback received from Luxembourg institutions
6. A high-level look at the new reporting associated with the introduction of CRD 4
This training is coordinated by Jean-Philippe Maes, Partner at PwC Luxembourg who is involved in Basel II & III issues.
Jean-Philippe Maes has over 10 years’ experience in Basel II / III areas. He has helped many banks, investment firms and management companies implement Basel II and III. He created the review of prudential reporting and related processes for his clients. What is more, he supported PwC’s external audit teams, which allowed him to review the ratios and reportings of more than 50 banks.
He also contributed to the design and review of ICAAP reports (Pillar 2 of Basel III) for more than 40 financial institutions in Luxembourg.
As a trainer, Jean-Philippe has an extensive teaching experience having trained more than 500 employees in the financial sector on the Basel III topic in the last 5 years.
PwC's Academy, Crystal Park Building, PwC Luxembourg
Tel: +352 49 48 48 4040