Regulatory Approach

• Review of regulatory and legal background
• Review of the Three Pillars Approach
• Solo vs Consolidated Supervision
• Interaction with Financial Conglomerates Directive

Risk Issues

• Credit Risk Approaches
  • Standardised/Retail
  • Foundation IRB
  • Advanced IRB
• Implications for new lending
• EL, UL, PD, EAD and LGD
• Credit Risk Mitigation
• Treatment of Asset-Backed Securitisations
• Application to Retail books
• Large Exposures
• Trading Book Revisited
  • Market Risk
  • Counterparty credit risk
  • Credit derivatives
• Operational Risk Approaches
  • Basic Indicator
  • Standardised/Alternative Standardised
  • Advanced Measurement

Capital Structure Developments

• Tier 1 (Innovative capital instruments)
• Tier 2 (upper/lower)
• Tier 3 (upper/lower)