Preparing for Basel III Compliance: The Challenge of Understanding and Meeting the Liquidity Coverage Ratio (LCR) Calculation and Liquidity Reporting Requirements
Overview:Bank regulators worldwide will be implementing the Basel III requirements from 2015 onwards. This includes an enhanced liquidity risk reporting regime, spearheaded by the Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) liquidity risk metrics. Meeting LCR is not simply a question of calculating the ratios, it also presents challenges in understanding the nature of the bank's liability structure, confirming a rationale behind stress test outflow assumptions at individual product level and integrating LCR-related liquidity risk appetite with customer liability strategy. In this Knowledge Group LIVE webcast, a distinguished professional and recognised expert on bank liquidity risk management will help you understand the most critical issues which will include:
- Overview of the fundamentals
- Understanding liabilities behaviour
- The liquidity risk appetite and determining an "optimum" LCR
- Integrating liquidity risk and customer liability strategy
- Addressing NSFR and the bank's long-term funding challenge
- Strategic ALM: best-practice integrated asset-liability approach to liquidity risk
- Live interactive Q&A session
This live webcast will provide banking professionals including bank Treasury, Risk and Finance practitioners with a comprehensive overview of Basel III liquidity regime compliance. Attending this course will give you the understanding to address your bank's needs with respect to LCR. Advanced registration is recommended as space is limited.
Prof. Moorad Choudhry, Professor, Department of Mathematical Sciences
44 20 7672 3209
- Preparing for Basel III compliance: understanding LCR and its underlying assumptions, and challenges in calculating the metric
- LCR and liquidity risk appetite: combining LCR, NSFR and a suite of liquidity metrics into an explicit statement of liquidity risk appetite
- Addressing NSFR and the bank’s long-term funding challenge
Andrew R. Gladin, Partner
Sullivan & Cromwell LLP
- U.S. Perspective on LCR Implementation
- “Super-equivalence” above and beyond Basel LCR
- Important Differences Between U.S. LCR Proposal and Basel
- Challenges for Multinational Banking Organizations Operating in the U.S.
Charles Morris, Senior Attorney
Norton Rose Fulbright LLP
44 20 7444 2148
- The EU perspective
- Liquidity and Sharia-compliant Banks (UK/EU developments)
- Tensions between collateral and liquidity requirements
Silvano Stagni, Group Head of Marketing & Research
44 20 7423
- Subsidiaries have exposure in both the US and EU – conflict in satisfying both timetables
Who Should Attend:
- Bank asset-liability management (ALM) practitioners including Treasury, Liquidity and FTP professionals
- Bank Finance department and liquidity regulatory reporting
- Bank CRO staff
- Heads of Asset & Liability Management
- Heads of Liquidity
- Heads of Treasury
- Heads of Balance Sheet Management
- Heads of Regulatory Risk
- Heads of Market Risk
- Heads of Balance Sheet Optimization
- Risk and Portfolio Analysts
- Liquidity Regulatory Policy Experts
Professor Moorad Choudhry is at the Department of Mathematical Sciences, Brunel University. He has over 25 years experience in banking and has managed the Treasury department at a number of European and International banks.
Moorad holds the FRM designation of the Global Association of Risk Professionals, he is a Fellow of the Chartered Institute of Securities & Investment, a Fellow of IFS-University College and a Fellow of the Institute of Directors. He is author of The Principles of Banking (John Wiley & Sons Ltd 2012).
Professor Moorad Choudhry is at the Department of Mathematical Sciences, Brunel University. He has over 25 years experience in banking …
Andrew Gladin is a partner in Sullivan & Cromwell's Financial Institutions and Corporate and Finance Groups. His practice focuses on capital markets activities, with a particular emphasis on regulatory capital issues, such as Basel III and new products, mergers and acquisitions, cross-border structured transactions and other corporate matters for U.S. and international banking, financial services and private equity clients. In addition, Mr. Gladin has represented U.S. and international financial institutions in connection with a variety of regulatory issues, including investigations and enforcement actions, before federal and state bank regulatory agencies, the Securities and Exchange Commission, the Financial Industry Regulatory Authority and other governmental agencies.
Andrew Gladin is a partner in Sullivan & Cromwell's Financial Institutions and Corporate and Finance Groups. His practice focuses on …
Charles joined the Norton Rose Fulbright financial services group as a senior associate in 2013.
Charles qualified as a solicitor in England and Wales in 2005. Prior to joining Norton Rose Fulbright, Charles was a senior associate at another leading global law firm, specialising in financial regulation and corporate finance.
Charles has experience in advising on a broad range of financial services regulations, company law and insolvency law, with particular experience of regulatory capital. In addition to providing regulatory advice to banks, investment firms and other financial institutions and industry bodies, Charles has worked on a wide range of multi-jurisdictional banking, capital markets, derivatives and M&A transactions.
Charles joined the Norton Rose Fulbright financial services group as a senior associate in 2013. Charles qualified as a solicitor …
After a long career as Change Director and Strategist for major financial institutions Silvano Stagni decided it was time to focus on regulatory change – whether researching, writing or consulting.
His experience in bridging communication gaps between stakeholders is the basis of his style emphasising practical examples and pragmatic implementation scenarios (in other words, what does it mean and how does it work?). He has written extensively on the impact of new banking regulations (Basel I - III, MiFID I - II, EMiR, Dodd-Frank, ICB, etc.), cross-border banking and finance in the developing world.
Silvano has advised financial institutions on the impact of regulation on their business processes and their IT support. He has contributed white papers to regulators in Asia and Europe for regulatory and monetary issues surrounding electronic currency and other non-monetary types of payments. He has published several articles in both online and printed magazines.
After a long career as Change Director and Strategist for major financial institutions Silvano Stagni decided it was time to …
Print and review course materials
Method of Presentation:
On-demand Webcast (CLE)
NASBA Field of Study:
Specialized Knowledge and Applications
NY Category of CLE credit:
Areas of Professional Practice
2.0 CPE (Not eligible for QAS (On-demand) CPE credits)
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About Brunel University
About Sullivan & Cromwell LLP
Sullivan & Cromwell LLP is a global law firm with a preeminent financial institutions practice focusing on M&A, finance and capital raising, complex regulatory issues, corporate governance, legislative developments, significant litigation and enforcement matters, corporate investigations and tax matters. Founded in 1879, Sullivan & Cromwell LLP has approximately 800 lawyers in four continents.
About Norton Rose Fulbright LLP
Norton Rose Fulbright is a global legal practice, providing the world’s pre-eminent corporations and financial institutions with a full business law service. Norton Rose Fulbright has more than 3800 lawyers based in over 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia.
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