| Instructor: | Maya Rodriguez Valladares |
| Description: | There has been a flurry of proposals to overhaul the financial institutions regulatory framework and to regulate some derivative instruments, like credit defaults swaps. These proposals coming from Europe, the UK, and the US will have a significant impact not just presently but also for many years to come. Given the fast paced introduction and debate of banking and derivatives regulation in Europe and the US, this course will be updated continuously to reflect the most current market situation. A final regulatory bill is expected by the 4th of July in the US, this course will help you see the impact of financial regulations on your day-to-day role. |
| Duration (hours): | 2 |
| Target Audience: | This course is targeted to front, middle, and back office professionals as well as risk managers, auditors, financial journalists, lawyers, legislators and regulators. |
| Prerequisites: | none |
| Learning Objectives: | Students will be able to:
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| Detailed Outline: | Topics Covered:
What will Become of Basel II
Summarize main components of Basel II
Evaluate potential changes to Basel II - including: Credit risk measurement, Liquidity risk, & Stress testing
Debate consequences of changes on global banking
US’s, Europe’s and the UK’s Attempts to Reform the Financial Sector Identify proposed changes to: Mortgage brokerage Financial supervision Rating agencies Capital regulatory requirements Stress testing Toxic assets Credit defaults swaps Hedge funds and private equity Insurance companies Remuneration at banks Domestic and Trans-Atlantic Tussles Analyze major regulatory components in the UK and Europe Compare and contrast difference in proposals with the US Concluding Observations Debate whether proposed regulations in the US, Europe, and UK make sense given causes of the crisis Evaluate what regulations would best serve the recovery in developed markets Analyze the effect of proposed regulations on emerging markets |
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