
Learning outcomes
Training Introduction
The ECL MasterClass 4.0 was designed to improve the level of knowledge in the field of modelling requirements from IFRS 9, the EBA Stresstest-Methodology, the EBA IRB-Guidelines and the upcoming Basel IV standards.The MasterClass approach is vastly practical. It will help you to understand fundamental concepts and principles underlying the many new regulations and equip participants with the knowledge to handle the practical implementation challenges and to sort out the complex differences.
One of the reasons why GLC MasterClasses stand out from others is that our participants gain not only the knowledge from highly experienced and specialized professionals, but also learn how to apply the gained insights in real life.
The ECL MasterClass 4.0 is essential for professionals in the field of accounting, auditing and finance, who are aiming for career development. The MasterClass will cover new regulatory topics, especially the Credit Risk Stress test.
Training Schedule
*Please note that the agenda is illustrative, the program can change according to the actual, latest regulations, standards.
Day one
9:00 Registration with Welcome Coffee
09:15 Opening Remarks & Introduction
09:30 Navigating through the Maze: IFRS 9, EBA GLs, Stresstesting, the CRD/CRR Review and Basel IV
10:30 Discussion of the most frequent application issues of IFRS 9
11:00 Tea, Coffee, Networking
11:20 Interaction of 3 Stage ECL accounting and hedge accounting under IFRS 9
12:20 Luncheon & Networking
13:00 Modelling PD and treating forward looking information under IFRS 9
and EBA-GL14:30 Modelling LGD and Collateral Valuation
15:30: Tea, Coffee, Networking
15:50 Steering Profits and Risks based on IFRS 9 and Integration of Stress Tests
16:50 Feedback/Q&A
17:30 End of Day 1
Day two
08:30 Tea, Coffee, Networking
09:00 Recap from Day 1
09:30 The new Basel IV Requirements in the modelling context
10:30 Tea, Coffee, Networking
11:00 Defaults, NPLs and Stage 3: Critical Issues to be solved with IFRS 9 and
ECB-Guidelines12:00 CRR Review and IFRS 9: Determining Regulatory Capital
12:30 Luncheon & Networking
13:30 Lease Receivables: Impairment and Regulatory Treatment
14:00 Apply prudential IFRS 9 transitional arrangements
15:00 Workshop summary and Q&A
15:15 Farewell Tea, Coffee and Networking
15:45 End of Day 2
Training Program
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Trainers
Dr. Guido Sopp, CFE is an IFRS 9 Expert in the Accounting Team of the Austrian Financial Market Authority (FMA). He is the Co-Lead of EBA Workstream on IFRS 9 and supports the ESMA Enforcement Session (EECS). He is Member of Austrian Accounting Standard Setter AFRAC. Guido published several articles on IFRS 9 and credit risk valuation and holds lectures in IFRS Accounting at two universities.
Ingrid Nemetz, MMag is an IFRS 9 Expert in the Accounting Team of the Austrian Financial Market Authority (FMA). She participates in working groups of EBA and ESMA. Before joining the Financial Market Authority, she worked as accounting expert and lead of the IFRS team of a bank, focused on projects for implementing new standards (e.g. IFRS 7, IFRS 9), supervisory financial reporting, accounting policies for new products and supported stress testing from an accounting and regulatory perspective.
Who should attend?
CROs, CFOs, COOs, Presidents/VPs/EVPs/FVPs/SVPs, Global Heads, Department Heads, Managing Directors, Directors, International/Senior Managers OF:
- Asset/Liability Management
- Balance Sheet Management
- Bank & Country Risk
- Capital Management
- Capital Modeling
- Compliance
- Counterparty Credit Risk
- Credit Portfolio Management
- Credit Research
- FI Risk Management
- Funding Risk
- Funds Transfer Pricing
- Interest Rate Risk
- Portfolio Strategy
- Prudential Policy
- Quantitative Analysts
- Risk Analysis
- Risk Control
- Risk Integration
- Risk Methods
- Risk Model Development
- Risk Modelling
- Risk Strategy
- Stress Testing
- Supervision/Regulation
- Media Partners
and various Risk professionals in related Risk functions from Financial
Institutions across the Globe
Our Media Partners
Our events were attended by these companies
FAQ
The client has the right to cancel his/her registration in the event.
There is a 50% liability on all conference registrations once made, whether the booking was made through our website or via e–mail/ telephone/ fax.
If the client cancels with more than 8 weeks’s advance notice, GLC shall be entitled to an amount equivalent to 50% of the conference fee and 16 EUR administration charge. In case the client has already made his/her payment, this will be deducted from the conference fee GLC has already received and the remainder will be refunded. If no conference fee has been received prior to the cancellation request, GLC will issue an invoice for the cancellation fee (the amount equivalent to 50% of the conference fee and 16 EUR administration charge), which the client must pay immediately upon receipt. No refunds are available for cancellations received with 8 week’s (or less) advance notice or in case the client fails to attend the conference. In these cases, the full amount of the conference fee must be paid.
- Get the timing right.
Many people are afraid to request for training budget, because they can’t seem to find the “perfect time” to do it. Well, there’s no perfect time to ask for it, but there are definitely some moments that are better than others. For instance, if your boss is about to take a two week vacation, he/she might be in a good mood. If he/she just lost a major account, may not be wise at that juncture. - Make a case for yourself
When you ask for budget, you should be prepared with specific details and explanations about what is in it for the company and you’re superior. If you go into a meeting and just say, “I want to get budget for a conference,” it’s likely that your request won’t be taken seriously. If you want to plan ahead, then you should be prepared to explain the following points:
1. Start by stating your accomplishments
2. Show that you’re ready for more responsibility and eager to learn
3. Describe:
a) How this event will increase your productivity?
b) How you will need less supervision
c) How you can bring back the knowledge to the company
4. Follow up