Basel II: Implementation & Compliance

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Course Overview

Within the financial services industry, the more widely understood financial risks, such as market risk and credit risk, have taken precedence at both senior management and board levels.

Recently, operational risk has become increasingly prominent on the agenda of regulators, investors and management. Fraud is a major component of operational risk.

The New Basel Capital Accord, more commonly known as Basel II, is fundamentally about improving risk and asset management to avoid financial disasters. Compliance requires banking institutions to have sufficient assets to offset any risks they may face.

Audience

• IT and Information Security Directors, Managers and Professionals
• Chief Risk and Compliance Officers
• IT and Security Process Owners
• Network, System and Security Administrators
• IT Auditors
• IT, Security and Management Consultants

This course is higly recommended for IT professionals from Supervisory Agencies, Central Banks, Financial Institutions, Commercial Banks, Investment Banks, Insurance Companies, Multinational Corporations

Skills Gained

The seminar has been designed to provide IT and information security professionals with the knowledge and skills needed to understand and support Basel II operational risk compliance. The seminar is tailored to meet specific needs and is presented in clear terms using analogies, examples and case studies.

Course Outline

• The Bank for International Settlements (BIS)
• First Basel Capital Accord
• The New Basel Capital Accord (Basel II)
• Framework for internal control systems in banking organizations - Basel Committee on Banking Supervision
• Meeting the Information Security Requirements of Basel II
• Operational Risk and Basel II
• Operational risk measurement methodologies
• The Internal Control - Integrated Framework by the COSO committee
• COSO Enterprise Risk Management (ERM) Framework
• COBIT - the framework that focuses on IT
• The alignment of frameworks
• Scope of the Project
• Implementation issues
• Integrating Basel II compliance with Sarbanes-Oxley, GLBA and other regulations

Basel II: Implementation & Compliance / BASEL2