The Association of Montenegrin Banks and Finance in Motion from Germany organised a seminar –workshop in Podgorica regarding more qualitative preparation for implementing Basel III standards. The lecturer was Christian Thornaes (GARP – Global Association of Risk Professionals).
The scope of seminar:
Introducing bank employees in Montenegro with the implications of Basel III regulatory framework, its objectives and key changes with regard to the capital adequacy, operational and liquidity risks, as well as mergers and acquisitions (M&A). Moreover, the attention was paid to the role of organisational units managing assets and liabilities, ALCO procedures and policies, and adequate structure of respective risk limits. The second part of the seminar was focused on topics regarding interest rate risk, liquidity risk and its adequate management. The seminar was interactive and focused on practical examples that can be applied in the financial institutions in Montenegro. The material presented and case studies were supported by the contexts of real financial market in Montenegro, and the solutions presented through the application of experiences of participants and individuality of each banks were discussed in accordance with the requirements and specificities of local market.
Target group:
Banks’ employees in the management of organisational units dealing with assets and liabilities management (ALM, Treasury, Risk Management, and the like) and senior officers and representatives of executive function, if needed.
Lecturer:
Christian Thornaes (GARP – Global Association of Risk Professionals) is a lecturer having long experience in financial markets, specialised in trading, derivatives, risk management and operations. During his extensive carrier he has worked as investment banker in Hong Kong and London. He held lectures in leading investment and commercial banks in North America, Europe, Asia and Middle East among which are Deutsche Bank, Barclays Capital, Genpact and Credit Agricôle/Amundi Asset Management. He holds MBA at INSEAD, France and B.A. and M.Sc. at Copenhagen Business School, Denmark. He is fluent in English, Italian and Danish.
Agenda:
Day 1
- Role of Treasury in a bank
- ALCO and organisation of ALM function
- Risk limit structure
- Interest rate risk
- Liquidity risk
- Liquidity risk management in ALM
Day 2
- Basel III development
- Basel III capital adequacy framework
- Changes in definition of regulatory capital
- Liquidity and operational risks
- Mergers and acquisitions (M&A)
