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Seminar Kuwait: Managing Large Exposures & New Impairment Methodologies under IFRS 9

Managing Large Exposures & New Impairment Methodologies under IFRS 9
25 – 27 SEPTEMBER 2016 KUWAIT / STATE OF KUWAIT

BACKGROUND
Managing large exposures is a tool for limiting the maximum loss a bank could face in the event of a sudden borrower failure to a level that does not endanger the bank’s safety and soundness. Measuring and managing Credit Risk of large exposures will complement Minimum capital Requirements (Pillar 1) and the supervisory review process under Pillar 2.

On the other hand, And because of the concerns raised on the “too little and too late provisioning for loan losses” during and after the global financial crisis, the IASB issued in July 2014, the fourth and final version of its new standard on impairment and Expected Credit Losses as part of the new International Financial Reporting Standard number 9, (IFRS9), Financial Instruments.

This workshop discusses the latest regulatory standard for managing large exposures and the new accounting standard on how banks should account for Expected Credit Losses and how these requirements will be factored into the capital planning process.

OBJECTIVES:
On completion of this workshop, participants will be able to:
Identify the Scope and the level of application of the large exposure standard.
Outline the general measurement principles including definition of Group of connected borrowers and the eligible Credit Risk mitigation techniques.
Describe the main features of the new impairment methodology under IFRS 9.
Describe current developments in the calculation of Expected Credit losses.

MAIN TOPICS:
Overview of the Large Exposure Standard
Group of connected borrowers & Eligible Capital base
Credit Risk mitigation techniques and eligible credit protections
Define Impairment of Assets
Individual & Collective Assessment for impairment
Discounted Cash Flow method (DCF)
Case study nb. 1 on DCF
Scope and objectives of IFRS9
Measurement of Expected Credit Losses (ECL):
12- month ECL
Life Time ECL
Case study nb. 2 on individual assessment for a Large Credit Exposure

WHO SHOULD ATTEND THIS WORKSHOP
Bank examiners & regulators
Risk Management officers
Credit officers
Internal Auditors
Compliance Officers

PREREQUISITES:
In order to get maximum benefit from this Workshop, Each participant should have fundamental-level subjects related to Credit Risk applications. Participants should also be familiar with the fundamentals of loan classification and loan review.

SPEAKERS:

Mr. Rabih Nehme
Head of Risk Assessment Department at the Banking Control
Commission of Lebanon (BCCL).
Short term expert with IMF the International Monetary Fund.
He joined the BCCL – Lebanon in 1998.
He holds a Masters degree in Banking and Financial Economics from the Lebanese University (with distinction) and International
Certificate in Banking Risk and Regulations from (GARP).
Mr. Nehme is an instructor at Ecole Supérieure des Affaires (ESA) Lebanon.
He is also a Trainer and Speaker with the UAB and other Organizations.
Mr. Nehme is an Editor of: Lebanese Banking regulations book (2013 Edition).

An Expert from PWC

PARTICIPATION FEES:

1100 $ for UAB members
1350 $ for Non-UAB members
Fees include attending the workshop, receiving the material, refreshments and a daily lunch.

SCHEDULE AND LANGUAGE:

Registration: the first day from 8am to 9 am.
Schedule : from 9:00 am to 15:00 pm daily.
Workshop language: English (is a must )and little Arabic

September 25 2016

Venue

Holiday Inn Kuwait Salmiya

140 Hamad Al-Mubarak St, Salmiya 22003, Kuwait
Kuwait, Kuwait

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Phone:

+965 2576 0000

Seminar Kuwait: Managing Large Exposures & New Impairment Methodologies under IFRS 9

Managing Large Exposures & New Impairment Methodologies under IFRS 9
25 – 27 SEPTEMBER 2016 KUWAIT / STATE OF KUWAIT

BACKGROUND
Managing large exposures is a tool for limiting the maximum loss a bank could face in the event of a sudden borrower failure to a level that does not endanger the bank’s safety and soundness. Measuring and managing Credit Risk of large exposures will complement Minimum capital Requirements (Pillar 1) and the supervisory review process under Pillar 2.

On the other hand, And because of the concerns raised on the “too little and too late provisioning for loan losses” during and after the global financial crisis, the IASB issued in July 2014, the fourth and final version of its new standard on impairment and Expected Credit Losses as part of the new International Financial Reporting Standard number 9, (IFRS9), Financial Instruments.

This workshop discusses the latest regulatory standard for managing large exposures and the new accounting standard on how banks should account for Expected Credit Losses and how these requirements will be factored into the capital planning process.

OBJECTIVES:
On completion of this workshop, participants will be able to:
Identify the Scope and the level of application of the large exposure standard.
Outline the general measurement principles including definition of Group of connected borrowers and the eligible Credit Risk mitigation techniques.
Describe the main features of the new impairment methodology under IFRS 9.
Describe current developments in the calculation of Expected Credit losses.

MAIN TOPICS:
Overview of the Large Exposure Standard
Group of connected borrowers & Eligible Capital base
Credit Risk mitigation techniques and eligible credit protections
Define Impairment of Assets
Individual & Collective Assessment for impairment
Discounted Cash Flow method (DCF)
Case study nb. 1 on DCF
Scope and objectives of IFRS9
Measurement of Expected Credit Losses (ECL):
12- month ECL
Life Time ECL
Case study nb. 2 on individual assessment for a Large Credit Exposure

WHO SHOULD ATTEND THIS WORKSHOP
Bank examiners & regulators
Risk Management officers
Credit officers
Internal Auditors
Compliance Officers

PREREQUISITES:
In order to get maximum benefit from this Workshop, Each participant should have fundamental-level subjects related to Credit Risk applications. Participants should also be familiar with the fundamentals of loan classification and loan review.

SPEAKERS:

Mr. Rabih Nehme
Head of Risk Assessment Department at the Banking Control
Commission of Lebanon (BCCL).
Short term expert with IMF the International Monetary Fund.
He joined the BCCL – Lebanon in 1998.
He holds a Masters degree in Banking and Financial Economics from the Lebanese University (with distinction) and International
Certificate in Banking Risk and Regulations from (GARP).
Mr. Nehme is an instructor at Ecole Supérieure des Affaires (ESA) Lebanon.
He is also a Trainer and Speaker with the UAB and other Organizations.
Mr. Nehme is an Editor of: Lebanese Banking regulations book (2013 Edition).

An Expert from PWC

PARTICIPATION FEES:

1100 $ for UAB members
1350 $ for Non-UAB members
Fees include attending the workshop, receiving the material, refreshments and a daily lunch.

SCHEDULE AND LANGUAGE:

Registration: the first day from 8am to 9 am.
Schedule : from 9:00 am to 15:00 pm daily.
Workshop language: English (is a must )and little Arabic

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