This document provides information about an upcoming programme on Credit Risk Modelling for Expected Credit Loss (ECL) Provisioning and Capital Estimation under Basel IRB and IFRS9. It will be held from June 19-23, 2017 at the National Institute of Bank Management in Pune, India. The programme aims to familiarize participants with the conceptual foundations, data, systems and mathematical models for calculating ECL for provisioning and regulatory capital requirements. It will explain how IRB data and risk parameters can be used to develop forward-looking ECL models that meet IFRS and Basel IRB requirements. The programme fee ranges from Rs. 42,000 to Rs. 49,200 depending on membership, and includes
This document provides information about an upcoming programme on Credit Risk Modelling for Expected Credit Loss (ECL) Provisioning and Capital Estimation under Basel IRB and IFRS9. It will be held from June 19-23, 2017 at the National Institute of Bank Management in Pune, India. The programme aims to familiarize participants with the conceptual foundations, data, systems and mathematical models for calculating ECL for provisioning and regulatory capital requirements. It will explain how IRB data and risk parameters can be used to develop forward-looking ECL models that meet IFRS and Basel IRB requirements. The programme fee ranges from Rs. 42,000 to Rs. 49,200 depending on membership, and includes
This document provides information about an upcoming programme on Credit Risk Modelling for Expected Credit Loss (ECL) Provisioning and Capital Estimation under Basel IRB and IFRS9. It will be held from June 19-23, 2017 at the National Institute of Bank Management in Pune, India. The programme aims to familiarize participants with the conceptual foundations, data, systems and mathematical models for calculating ECL for provisioning and regulatory capital requirements. It will explain how IRB data and risk parameters can be used to develop forward-looking ECL models that meet IFRS and Basel IRB requirements. The programme fee ranges from Rs. 42,000 to Rs. 49,200 depending on membership, and includes
Dr Arindam Bandyopadhyay US $ 2000 for foreign participant
Associate Professor & Associate Dean (See fee structure on home page of the website for incentive) (Research & Consultancy) Fee ST SBAC KKC Fee+ST+ TDS Dr Tasneem Chherawala SBAC+KKC Mem. Banks : 42000 5880 210 210 48300 4200 Assistant Professor Non-Mem. Banks : 49200 6888 246 246 56580 4920 Programme on (Finance Area Group) The fee includes the cost of tuition, board and lodging facilities, teaching Credit Risk Modelling material, etc. (Service Tax (ST) @ 14%, Swachh Bharat Abhiyan Cess (SBAC) @ 0.5%, Krishi Kalyan Cess (KKC) @ 0.5% and TDS @ 10%. Kindly send the TDS Certificate on priority to NIBM). for ECL Provisioning and Mode of Payment for Indian Participants Capital Estimation under m The fee may preferably be transferred by RTGS/NEFT/ECS to our A/c Basel IRB & IFRS9 No. 20002400021 with Bank of Maharashtra, NIBM Branch, Pune Last Date for Receiving (IFSC Code MAHB0001124). NIBM PAN No. AAATN0040P and ST Nominations: No. AAATN0040PST001. June 19 – 23, 2017 June 9, 2017 m National Institute of Bank Management NIBM Post Office, Kondhwe Khurd, Pune 411 048, INDIA. Mode of Payment for Foreign Participants Last Date for Availing Early Bird Incentive of 5%: Mode of Remittance: SWIFT* June 3, 2017 1. Name & Address of our Bankers : Oriental Bank of Commerce (See fee structure on C-2, Shop No. 4-5, Bramha Estate Kondhwe Khurd, Pune 411 048 home page of the website) Maharashtra, India
2. Name of the Account : National Institute of Bank Management
3. NIBM's Bank Account No. : Current A/C 11281131004402
with Oriental Bank of Commerce * The Foreign Bank 4. Bank's Swift Code : ORBCINBBFCP Charges/ SWIFT Nominations and Enquiries charges/Commission 5. Oriental Bank of Commerce A/c No. : 36152559 is to be borne by the Please address your enquiries and with Correspondent Bank remitter. The fees nominations along with the fees to: 6. Preferred currency : USD mentioned in the Coordinators invoice/brochure is to Dr Arindam Bandyopadhyay 7. Correspondent Bank : CITIBANK N.A. be paid to NIBM, net Dr Arindam Bandyopadhyay Dr Tasneem Chherawala 8. Swift code for Citi Bank : CITIUS33 of all bank charges. Dr Tasneem Chherawala Programme Coordinators *Payments will be accepted only through electronic mode. National Institute of Bank Management Cheques/DDs/Pay Orders will not be accepted. NIBM Post Office, Kondhwe Khurd m For all electronic remittances, kindly send a confirmatory e-mail at: Pune 411 048, INDIA accounts@nibmindia.org giving details of the remitter and Tele. : 0091-20-26716000 (EPABX) participant, name and dates of programme, etc. 26716451, 26716546 (Direct) Fax : 0091-20-26834478 Please see programme fee structure on home page of the E-mail : arindam@nibmindia.org, website for early bird incentive, incentives for SAARC and National Institute of Bank Management tasneem@nibmindia.org other developing countries, mode of remittance, Pune City Pune, India Website : www.nibmindia.org route map and local conveyance. Programme on Pedagogy Objectives Credit Risk Modelling for ECL Provisioning and The training module will include classroom Capital Estimation under Basel IRB & IFRS9 The programme focuses on familiarizing the participants with the teaching, hands on exercises, experience conceptual foundations, data and system requirements and the sharing by banking experts and regulator. Background underlying mathematical models pertaining to the calculation of expected loss for provision and minimum regulatory capital Events of the global financial crisis in 2007-08, led to the criticism of “Too requirements for credit risk under the IFRS9 and Basel IRB approach. Little, Too Late” for the accounting recognition of impairment losses on The programme is intended to aid the bank to design a road map for financial instruments under the IAS 39. In response, the International effective implementation of these systems. It aims at explaining how the Financial Reporting Standards 9 (IFRS9) rule has introduced fundamental IRB data, system and risk parameters can be effectively utilized to Dates changes in credit impairment standards which are expected to have a develop forward looking ECL models that meets the requirements of significant impact on banks' financial statements. IFRS suggests a forward- June 19 – 23, 2017 IFRS system. looking approach for identification of credit impairment and the estimation of The Programme will commence at 9.00 am expected credit loss that will provide a timely and adequate accounting on June 19 and conclude by 4.00 pm on treatment of loss provisions. June 23, 2017. Participants are requested Course Contents to reach the NIBM Campus positively by the The Basel Committee on Banking Supervision (BCBS) has advocated for a high quality implementation of IFRS 9 by banks, which will improve the Modelling Requirements of IRB Approach under Basel II and III evening of June 18, 2017. linkage between the economics of risk management and financial accounting. Under the Basel II Internal Ratings Based (IRB) Approach, IFRS9 Impairment models Venue banks are required to measure expected loss for credit risk and demonstrate Identifying “Significant Increase in Credit Risk” under IFRS9 NIBM Campus, Kondhwe Khurd commensurate provisioning. Both the IRB Approach and IFRS 9 will allow Pune, India. banks to internally model the key elements of their credit risk related losses, Pooling Models for Retail Portfolios viz, probability of default (PD) and loss given default (LGD) and thereby Models for estimation of PD, EAD and LGD under the IRB derive a more risk sensitive measure of Expected Credit Loss (ECL) against Approaches Accommodation a range of macroeconomic scenarios. Additionally, the Basel regulations continue to impose regular model validations and credit risk stress tests. The Estimation of 12 Month PD and Life Time PD The programme is fully residential. IRB Approach and credit impairment standards under IFRS have many Participants will be provided well- furnished Forward looking PD and LGD models commonalities, which will enable banks to leverage on their databases and single room AC accommodation in the IT systems for a complementary preparedness and implementation. PIT PD vs TTC PD Institute's hostel complex on the campus. However, they will not be permitted to bring As per the roadmap released by the Indian Ministry of Corporate Affairs Distinction between PD, LGD and EAD under IFRS9 and Basel their family members to stay on the campus. (MCA), Scheduled commercial banks and insurance companies will be In case any Officer/Executive with physical/ Model validation and calibration Techniques required to prepare Ind AS (largely converged with IFRS) based financial medical disability is being nominated, kindly statements, from the accounting periods beginning from 1 April 2018 Measuring ECL for different credit facilities under IFRS9 and inform us in advance with particulars of onwards. This makes it imperative for banks in India, as also International Basel IRB disability to facilitate necessary banks, striving for global best practices, to become familiar with the concepts arrangements. Accounting for loss provisions under IFRS underlying credit impairment and understand in-depth the ECL models. Impact of ECL on banking business The Institute has facilities for outdoor and Target group indoor games and a large walking/jogging Key IFRS9 & IRB challenges for banks trail for physical fitness besides a yoga The programme is intended for executives working in departments Regulatory expectations under IRB & IFRS9 system centre. Participants are therefore of Finance and Accounts, Risk management and Audit of Banks encouraged to bring appropriate and FIs. Regulatory capital estimation under the IRB approach clothes/gear. Programme Coordinators Programme Fee (per participant) Dr Arindam Bandyopadhyay US $ 2000 for foreign participant Associate Professor & Associate Dean (See fee structure on home page of the website for incentive) (Research & Consultancy) Fee ST SBAC KKC Fee+ST+ TDS Dr Tasneem Chherawala SBAC+KKC Mem. Banks : 42000 5880 210 210 48300 4200 Assistant Professor Non-Mem. Banks : 49200 6888 246 246 56580 4920 Programme on (Finance Area Group) The fee includes the cost of tuition, board and lodging facilities, teaching Credit Risk Modelling material, etc. (Service Tax (ST) @ 14%, Swachh Bharat Abhiyan Cess (SBAC) @ 0.5%, Krishi Kalyan Cess (KKC) @ 0.5% and TDS @ 10%. Kindly send the TDS Certificate on priority to NIBM). for ECL Provisioning and Mode of Payment for Indian Participants Capital Estimation under m The fee may preferably be transferred by RTGS/NEFT/ECS to our A/c Basel IRB & IFRS9 No. 20002400021 with Bank of Maharashtra, NIBM Branch, Pune Last Date for Receiving (IFSC Code MAHB0001124). NIBM PAN No. AAATN0040P and ST Nominations: No. AAATN0040PST001. June 19 – 23, 2017 June 9, 2017 m National Institute of Bank Management NIBM Post Office, Kondhwe Khurd, Pune 411 048, INDIA. Mode of Payment for Foreign Participants Last Date for Availing Early Bird Incentive of 5%: Mode of Remittance: SWIFT* June 3, 2017 1. Name & Address of our Bankers : Oriental Bank of Commerce (See fee structure on C-2, Shop No. 4-5, Bramha Estate Kondhwe Khurd, Pune 411 048 home page of the website) Maharashtra, India
2. Name of the Account : National Institute of Bank Management
3. NIBM's Bank Account No. : Current A/C 11281131004402
with Oriental Bank of Commerce * The Foreign Bank 4. Bank's Swift Code : ORBCINBBFCP Charges/ SWIFT Nominations and Enquiries charges/Commission 5. Oriental Bank of Commerce A/c No. : 36152559 is to be borne by the Please address your enquiries and with Correspondent Bank remitter. The fees nominations along with the fees to: 6. Preferred currency : USD mentioned in the Coordinators invoice/brochure is to Dr Arindam Bandyopadhyay 7. Correspondent Bank : CITIBANK N.A. be paid to NIBM, net Dr Arindam Bandyopadhyay Dr Tasneem Chherawala 8. Swift code for Citi Bank : CITIUS33 of all bank charges. Dr Tasneem Chherawala Programme Coordinators *Payments will be accepted only through electronic mode. National Institute of Bank Management Cheques/DDs/Pay Orders will not be accepted. NIBM Post Office, Kondhwe Khurd m For all electronic remittances, kindly send a confirmatory e-mail at: Pune 411 048, INDIA accounts@nibmindia.org giving details of the remitter and Tele. : 0091-20-26716000 (EPABX) participant, name and dates of programme, etc. 26716451, 26716546 (Direct) Fax : 0091-20-26834478 Please see programme fee structure on home page of the E-mail : arindam@nibmindia.org, website for early bird incentive, incentives for SAARC and National Institute of Bank Management tasneem@nibmindia.org other developing countries, mode of remittance, Pune City Pune, India Website : www.nibmindia.org route map and local conveyance.