IFRS 9 Dubai
Led by Juan Ramirez, a senior professional at Deloitte in London advising banks on IFRS 9 and Basel III/IV issues.
This two-day intensive training course provides hands-on expertise on the IFRS 9 impairment framework.
The course combines the IASB guidance with its practical application at banks, accentuating the challenges faced by these organisations.
Complex concepts are mastered through the heavy use of banks real-life case studies. For instance, scenario selection and the triggers of significant increase in credit risk are covered analysing their application at the larger European banks. Stage 3 is covered with a particular emphasis on the industry best practice and the regulatory definition of default.
What will you learn?
- Deep knowledge of the practical and theoretical aspects of IFRS 9 impairment three-staging framework
- The determination of scenarios, based on a benchmark analysis of how the larger and smaller banks are defining them
- The criteria for determining significant increase in credit risk in practice, based on the criteria used at the larger banks
- The definition of default, based on regulatory definitions
- An overview of the modelling challenges using a case study approach
- An overview of the IFRS 9 post-implementation challenges
- The elements of particular scrutiny by auditors
Who should attend?
Relevant departments may include but are not limited to:
- IFRS 9 accounting policy
- IFRS 9 reporting and control
- Internal audit
- Treasury and asset-liability management
- Quantitative modelling
- Risk management
- IFRS 9 Impairment Model Overview and Accounting Mechanics
- Expected Credit Losses
- Significant Increase in Credit risk (SICR)
- Stage three – Defining Default
- Case Study: Modelling a Residential Real Estate Portfolio
- Off-Balance Sheet Financial Instruments
- The Auditor’s View and What’s Next for Banks
Juan Ramirez is a senior professional at Deloitte in London, advising banks on IFRS 9 and Basel III/IV issues
On the accounting side, Juan is an expert in the three areas of IFRS 9: measurement and classification, impairment and hedge accounting. He has been involved in numerous projects with European banks and the European Central Bank in reviewing their impairment staging and provisioning practices.
Juan is involved in the entire spectrum of capital ratios: measurement, ICAAP, stress testing, capital allocation, capital planning and capital optimisation
Juan holds an MBA from University of Chicago and has worked 20 years mainly in London in the derivatives trading and sales areas of JPMorgan and later Lehman Brothers, Barclays Capital, Banco Santander and BNP Paribas, where he gained a strong knowledge of market risk.
Mr. Ramirez is the author of “Handbook of Basel III Capital”, “Accounting for Derivatives”, and “Handbook of Corporate Derivatives and Equity Capital Markets”
Risk Training is delighted to offer this specialist training course which has been designed to focus on the assessment of risk models in the context of concrete risk model implementation. There are numerous validation tools available, and the course will individually describe these tools and their application in practice.