BCBS 239 2015 - BCBS 239 - Principles of Effective Risk Data Aggregation and Risk Reporting

This training program will offer attendees an understanding of the background of the BCBS 239 standard. The course will discuss risk data aggregation capabilities and risk reporting practices, implementation timeline and transitional arrangements, and best practices for improving the decision-making process and MI timelines as well.
Why Should You Attend:
Risk management is a key component of every banking governance framework. The BCSB 239 standard sets one clear general objective: "to strengthen banks' risk-data aggregation capabilities and internal risk-reporting practices (the Principles) to enhance risk management and decision-making processes at banks." This key objective is supplemented by providing explicit expected changes within the bank once the bank has implemented the principles.
This course will address best practices for enhancing the infrastructure for reporting key information, for enhancing the management of information across legal entities, and for improving the organization's quality of strategic planning and the ability to manage the risk of new products and services.
Areas Covered in the Webinar:
Understand the background and introduction of BCBS 239
Overarching governance and infrastructure
Risk data aggregation capabilities
Risk reporting practices
Supervisory review, tools and cooperation
Implementation timeline and transitional arrangements
Long term implications
Steps to ensure risk data aggregation capabilities and risk reporting practices are subject to strong governance
How to enhance the infrastructure for reporting key information, particularly that used by the board and senior management to identify, monitor and manage risks
Improve decision-making process and MI timelines
How to enhance the management of information across legal entities, while facilitating a comprehensive assessment of risk exposures at the global consolidated level
How to reduce the probability and severity of losses resulting from risk-management weaknesses
Understand how to improve the speed at which information is available and hence decisions can be made
How to improve the organization's quality of strategic planning and the ability to manage the risk of new products and services
Who Will Benefit:
Risk Officers
Compliance Officers
Internal and External Auditors
Financial Controllers
Operations Managers
Information Technology Managers
For Registration - http://www.complianceonline.com/bcbs-239-principle...
Note: Use coupon code 232082 and get 10% off on registration.