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Basel III and CRD4 / CRR

950 €

at 3.5 KM
PwC's Academy Follow

• Finance

Introduction
Basel III, the subject is everywhere in the press, but only a limited number of banks and investment firms has so far attempted to assess its impacts.
The changes introduced by Basel III and CRD 4, its implementation in the European Union, will have fundamental implications for banks and investment firms. These changes will result in strategic, structural and operational adjustments that will be imperative for market participants. Indeed, Basel III should not be considered as a new version of Basel II because some changes introduced are essential. The introduction of strict liquidity requirements, stricter definitions of capital and the introduction of a leverage ratio are in particular to be closely monitored.
Regulatory change is a complex challenge that can only be addressed with a comprehensive and consistent approach. However, despite the complexity and uncertainty associated with these new rules, practical and concrete actions can be taken now to prepare for a Basel III world.
This training is conceived and conceived as the first essential step to understand the implications of Basel III. She will develop both theoretical and practical aspects around reference documents and case studies. The training will also incorporate a significant amount of market reactions and feelings in relation to this new regulation, thereby providing real feedback to participants.
objectives

At the end of the training, participants will be able to:

describe the starting point and objectives of the legislative package to strengthen the soundness of the banking sector
explain the most important provisions resulting from Basel III regulations
identify issues that affect their activities and take appropriate action

contents
1 - Basel II to Basel III

Basic principles
Basel II to Basel III - Lessons Learned from the Financial Crisis

2 - Evolution of minimum capital requirements and the introduction of buffers

Modification of the definitions of own funds & the potential associated tax impacts
Risk coverage (counterparty risk & dependence on rating agencies)
Capital conservation buffer
Countercyclical buffer

3 - Introduction of the leverage ratio
4 - Basel III in a liquidity perspective

Short-term liquidity ratio (LCR): objectives and definitions
Structural long-term liquidity ratio (NSFR): objectives, definition and uncertainty regarding its implementation
Monitoring tools: asymmetry of contractual maturities, concentration of financing, unencumbered assets available, LCR by 3 significant currencies, market monitoring tools
Basel III to CRD 4
Evaluation of the impact

5 - The strategic and operational impacts expected for the market as well as an overview of the first reactions of the Luxembourgish institutions.
6 - An overview of the new reports associated with the introduction of CRD 4