Course Agenda

Course Agenda

Course Agenda

Day 1

12th September 2018

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
  • Operational aspects of implementing IFRS 9 

Roshni Patel, Director, Moody’s Analytics

Nadja Roos, Director, 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 PwC & Craig Luff, Senior Manager, PwC

12:30

Lunch

13:30

Credit Risk Steering - Managing Volatility

  • How are banks are managing volatility?
  • Changes to models and impact of this due to volatility management
  • Next challenges: Identifying volatility drivers
  • Communication of volatility to senior management: Integrating scenarios analysis and MI
  • Case study: ECL attribution analysis + what if scenarios: MEV, staging criteria, Rating distribution

Sebastian Fernandez, Manager RC, KPMG & Luke Jones, Principal Advisor, KPMG

15:00

Afternoon break

15:30

Hedge Accounting

  • Alignment of hedge accounting with risk management practices
  • Different hedging relationshops and the expections
  • Hedge accounting to reduce the volatility of financial statements
  • Hedge effectiveness assessment and measuring ineffectiveness
  • The hedge ratio- the relationship between hedging instruments and hedging item

Juan Ramirez, Director, Deloitte

17:00

End of day one

Day 2

13th September 2018

08:30

Refreshments

09:00

Stress Testing Methodologies under IFRS 9

  • New challenges
  • Bottom-up balance sheet modelling
  • Stressed ECL estimation
  • Migration matrix integration
  • EBA stress test 2018: methodological challenges

Christopher Warhurst, Technical Director, 4most Europe Ltd

10:30

Morning break

11:00

IFRS 9 Models Assurance

  • Macro-economic variable choices
  • Point in Time Conversion
  • Forecasting
  • Significant Deterioration
  • Expert Credit Judgement
  • Vendor models

Arman Mallick, Manager RC, KPMG & Himani Gupta, Senior Manager, KPMG

12:30

Lunch

13:30

IFRS 9 monitoring, benchmarking and validation 

  • Organisational stakeholders expectations
  • How to monitor and validate IFRS9 solutions?
  • Comparison of methodologies and outputs across UK banks
  • What next?

Richard Bowles, Head of Prudential Implementation, Lloyds Banking Group

15:00

Afternoon break

15:30

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 is next for the industry?

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

Omar Mughal, Financial Services, Senior Manager, BDO LLP

17:00

End of course