Claiming Back Your VAT
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Why choose VAT IT
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Can I claim back the VAT myself?
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Basel IV/CRD V
In the wake of the global financial crisis and in response to the lessons learnt during it, Basel III was introduced requiring banks to hold far higher quality of balance sheet resources than ever.
Even before Basel III was fully adopted it was followed by further regulation covering areas such as gone concern capital, capital charges traded and non-traded risk which initially informally but more recently formally in certain regions (e.g. CRD V/CRR II in Europe) was/is seen as a blue print for Basel IV.
This intensive program looks to provide an overview of these subsequent updates to Basel III and in so doing better prepare delegates for adopting Basel IV when/if it becomes formalised.
Describe the key regulatory updates post Basel III and rationale for them
Evaluate the impact on Standard Approach and IRB approach models for calculation of credit risk capital
Explain the shortcomings of Basel II.5/III treatment of market risk and by extension the motivation for a Fundamental Review of the Trading Book
Appreciate the impact of IFRS impairment regulation on the balance sheet
Understand the Standardised Approach for Counterpart Credit Risk [SA-CCR]
Interpret the proposed standards for treatment of Interest Rate Risk in the Banking Book and describe what types of cash flows are impacted, how they should be treated and evaluated
Interpret the Standardised Measures Approach for calculation of Operational Risk Capital
Articulate what qualifies as Going Concern and what qualifies as Gone Concern Capital and proposed regulation in particular of the later in MREL and TLAC
Basel III – Raising Quality of Balance sheet and ending ‘TBTF’
Impact on Capital
Impact on Liquidity
Linking Impact on Capital and Liquidity to RoE
What are banks doing to mitigate impact?
Session 2: Overview of ‘Basel IV’
‘Highlights’ and timelines
Why the need for a fourth accord?
What would be the impact of a fourth accord?
Impact on Capital and Liquidity
Session 3: Focus on Revisions to Standardised Methodology for Credit Risk Treatment of Exposures to Banks
Treatment of Exposures to Corporates
Treatment of Exposures to Banks
Treatments of Exposures to Retail
Treatment of Exposures to Real Estate
Treatment of Credit Conversion Factors [CCF]
Session 4: Focus on Internal Ratings Based [IRB] Approach Recap on IRB methodology
Current benefits of IRB
What is changing
When IRB can be used
Impact on benefits of IRB
Session 1: Focus on IFRS 9 Overview of IFRS 9 – what’s new?
Linking Accounting Regulation to Prudential Regulation
The drivers of rising impairment under IFRS 9
Impact on Standardised and Internal Ratings Based Banks
The impact on stress testing and capital buffers
Session 2: Focus on Traded Risk - Fundamental Review of the Trading Book [FRTB]
Why the need for a Fundamental Review
Recap of Basel II.5
Issues with Basel II.5
Highlights of FRTB
Amendments to the standardised approach
Capital against Expected Shortfalls
Hard bordering of trading book and banking book
Individual treatment of asset classes – holding periods etc
Session 3: Focus on CCR - Standardised Approach for Counterparty Credit Risk [SA-CCR] Overview of Standard Approach to Counter Party Credit Risk Management [SA-CCR]
Recap on methodologies and rationale for change
Breaking down the model
Calculation of Replacement Cost
Calculation of PFE multiplier and add-on’s
Operational impact and strategies to maxamise
Session 4: Interest Rate Risk in the Banking Book [IRRBB] Rationale for BIS 368 – Update to Pillar 2 requirements
Recap on sources of interest rate risk in the banking book
Considering Equity and Earning measures
Economic Value of Equity [EVE]
Net Interest Margin [NIM]
In scope cash flows and treatment for time bucketing
Standardised stress tests
Session 1: Operational Risk and Impact on Capital Defining Operational Risk
Challenges in predicting it
Challenges in quantifying loss
Previous approaches for measuring operational risk capital
Basic Indicators Approach (BIA)
Standardised Approach (STA)
Advanced Measures Approach (AMA)
Review of ‘Basel IV’/’CRDV’ amendments
Overview of Standardised Measures Approach (SMA)
Session 2: Focus on Net Stable Funding Ratio [NSFR] Rationale for NSFR and how it works in harmony with Liquidity Coverage Ratio
Defining the Denominator – what qualifies as Required Stable Funding [RSF]
Defining the Numerator – what qualifies as Available Stable Funding [ASF]
Strategies to optimise compliance
Session 3: Gone Concern Capital – MREL&TLAC Defining Going and Gone Concern Capital
The concept and regulation of resolution
Minimum Requirement for Eligible Liabilities and Own Funds [MREL]
What are eligible and excluded liabilities
Impact – comparing to Going Concern Capital
Dovetailing with Total Loss Absorbing Capacity [TLAC]
How, why and when resolution strategies vary – modified insolvency vs partial transfer vs Bail In
Session 4: Look ahead - what has yet to come? Banking in a Basel IV world – what can we expect
What are banks doing now to mitigate?
Linking to other global regulation – Dodd Frank, EMIR and Structural Reform
3 Days in 30 minutes – wrap and review of key messages
Our Tailored Learning Offering
Do you have five or more people interested in attending this course? Do you want to tailor it to meet your company’s exact requirements? If you’d like to do either of these, we can bring this course to your company’s office. You could even save up to 50% on the cost of sending delegates to a public course and dramatically increase your ROI.
If you want to run this course at a location convenient to you or if you want a completely customised learning solution, we can help.
We produce learning solutions that are completely unique to your business. We’ll guide you through the whole process, from the initial consultancy to evaluating the success of the full learning experience. Our learning specialists ensure you get the maximum return on your training investment.
We have a combined experience of over 60 years providing learning solutions to the world’s major organisations and are privileged to have contributed to their success. We view our clients as partners and focus on understanding the needs of each organisation we work with to tailor learning solutions to specific requirements.
We are proud of our record of customer satisfaction. Here is why you should choose us to help you achieve your goals and accelerate your career:
- Quality – our clients consistently rate our performance ‘excellent’ or ‘outstanding’. Our average overall score awarded to us by our clients is nine out of ten.
- Track record – we have delivered training solutions for 95% of worlds’ top 100 banks and have trained over 250,000 professionals.
- Knowledge – our 150 strong team of industry specialist trainers are world leading financial leaders and commentators, ensuring our knowledge base is second to none.
- Reliability – if we promise it, we deliver it. We have delivered over 20,000 events both in person and online, using simultaneous translation to delegates from over 180 countries.
- Recognition – we are accredited by the British Accreditation Council and the CPD Certification Service. In an independent review by Feefo we scored 96% on service and 95% on product
BiographyGareth’s banking career spans more than two decades.From 2010 to 2014 he was Head of Barclays Corporates £110 billion liquidity portfolio, tasked with the end-end ownership of pricing and structuring of the portfolio and ensuring that margins were achieved whilst delivering funding ambitions and regulatory requirements.In parallel to this role from 2012 to 2013, Gareth was Co-Head of the Liquidity Management group (50 FTE and £1bn pa business), sitting on the Corporate ALCO and Global Treasury board and worked with treasury colleagues on the adaptation of Basel III/CRD IV within the Corporate Bank - with a particular focus on LCR/Buffer optimisation. Previous to this, Gareth had senior roles within risk solutions at Barclays, where he collaborated with corporate and investment banking colleagues in structuring and marketing bespoke hedging solutions to corporate clients. Prior to Barclays Gareth spent 10 years at Citi where he worked as a Short Term Interest Rate Trader. During that time he made markets and took proprietary risk in G10 currencies against a backdrop of often significant economic turmoil including the Tiger Crisis, formation of the EUR and implosion of the ‘dot com’ bubble. Since leaving Barclays in 2014 Gareth has been consulting on Asset and Liability management, in particular has been focused on the ‘so what’ of Basel III- looking at overcoming challenges in implementing it, it’s impact on Net Interest Margin and ultimately bank strategy.His ciients to date include Barclays, HSBC, Deutsche Bank, RBC, Credit Suisse, ING, Saudi Hollandi Bank, the Bank of England and Central Bank of Ireland, Saudi Arabian British Bank, Saudi Arabian Investment Bank, Santander, Standard Chartered, Standard Bank, Ahli United Bank, EIB, EBRD and many more.Examples of recent engagements include:On behalf of the EBRD working with treasurers of Egyptian, Serbian and Gerogian banks on adopting Basel III Capital and Liquidity RegimeWith the Group Treasurer and regional Heads of Treasury of a Bahrain HQ Gulf regional bank on optimising non wholesale liquidity portfoliosWith the ALM team of a Saudi Arabian Bank on IRRBB including adopting BIS 368 standardsWith the CFO and Treasurer of a Maltese bank on developing a maturity matched FTP mechanismGareth is passionate about developing and getting the best out of people, teams and businesses. His style is energetic and practical, believing that only through applying knowledge can we truly succeed.
The map attached details some of our most frequently used venues
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