Course Agenda

Course Agenda

Course Agenda

Event tutors: 

  • Roshni Patel, Director, Credit Portfolio, Capital Planning and Risk Strategy, Moody's Analytics 
  • Nadja Roos, Director and IFRS 9 Services Lead, Moody's Analytics 
  • Duy Nguyen, Associate Director for IFRS 9 Services, Moody's Analytics
  • Mark Spencer, Financial Services Accounting Advisory Leader, BDO UK LLP
  • Juan Ramirez, Director, Deloitte
  • Jason Benton, Associate Director, FS Risk & Regulation, PwC UK
  • Hana Zaman, Manager, FS Risk & Regulation, PwC UK 
  • Matt Salisbury, Senior Manager, Quantitative Analytics, Credit Portfolio Management, Commercial Banking Risk, Lloyds Banking Group 
  • Juan Francisco García Cascales, Partner, Management Solutions UK
  • Marta Herrero Martín de Vidales, Manager, Management Solutions UK

Day 1

18th March 2019

08:30

Registration and refreshments

09:00

Challenges of Implementing IFRS 9

  • Update on IFRS 9 implementation and supervisory actions
  • Classification and measurement of financial instruments
  • ECL regime
  • EU vs UK vs US
  • Market analysis of the challenges 

Nadja Roos, Director and IFRS 9 Services Lead, Moody's Analytics 

Duy Nguyen, Associate Director for IFRS 9 Services, Moody's Analytics 

10:30

Morning break

11:00

IFRS 9 Impacts 

  • Strategic impact of IFRS 9 
  • Consequences on decision making , pricing and business origination 
  • Operational impacts of implementing IFRS 9 
  • Transitional impacts of implementing IFRS 9 

Jason Benton, Associate Director, FS Risk & Regulation, PwC UK

Hana Zaman, Manager, FS Risk & Regulation, PwC UK 

12:30

Lunch

13:30

IFRS 9 Model Validation and Supervision

  • Regulatory context
  • Interaction between IFRS 9, ELBE and IRB models
  • IFRS 9 Internal Validation framework & key aspects 
  • Supervisory aspects on IFRS 9 models

Juan Francisco García Cascales, Partner, Management Solutions UK 

Marta Herrero Martín de Vidales, Manager, Management Solutions UK 

15:00

Afternoon break

15:30

Hedge Accounting

  • Hedge accounting to reduce the volatility of financial statements
  • Alignment of hedge accounting with risk management practices
  • Different hedging relationships
  • Hedge effectiveness
  • The hedge ratio – the relationship between hedging instrument and hedging item
  • Update on macro hedging project

Juan Ramirez, Director, Deloitte

17:00

End of day one

Day 2

19th March 2019

08:30

Refreshments

09:00

Stress Testing Methodologies under IFRS 9

  • How does IFRS 9 change the requirements for stress testing? 
  • Methods for stress testing under IFRS 9 
  • Implementation challenges: has IFRS 9 made stress testing a 'big data' problem? 
  • Model risk in IFRS 9 stress testing 
  • Analysing and checking stress output under IFRS 9 
  • Regulatory stress tests: what can we learn from EBA and PRA exercises to date? 

Matt Salisbury, Senior Manager, Quantitative Analytics, Credit Portfolio Management, Commercial Banking Risk, Lloyds Banking Group 

10:30

Morning break

11:00

IFRS 9 Monitoring & Benchmarking 

  • Organisational stakeholders expectations
  • Linkages and communications between Risk and Finance functions 
  • Comparison of methodologies and outputs across UK banks
  • ECL benchmarking concept generation
  • What next?

Roshni Patel, Director, Credit Portfolio, Capital Planning and Risk Strategy, Moody's Analytics

Nadja Roos, Director and IFRS 9 Services Lead, Moody's Analytics 

 

12:30

Lunch

13:30

IFRS 9 - What Next? 

  • How has implementation gone?
  • What has been learned? 
  • What are regulators current expectations? 
  • What have the IASB experienced with IFRS 9 implementation? 
  • What next for the industry? 

Mark Spencer, Financial Services Accounting Advisory Leader, BDO UK LLP

15:00

End of course