Basel III: Implementing & Managing Central Counterparty Risk & Capital
|Date :||Wednesday 27th June 2012|
|Time :||10:00 (GMT+1) - 11:00 (CET) - 14:30 (IST) - 17:00 (SGT)|
|Venue :||Online - Webinar|
The Bank for International Settlements (BIS) has proposed new regulations in regards to the role of central counterparty, clearing member & client, the capitalisation of a bank/clearing member exposures to central counterparties, the trade exposures of clearing members that require capitalization and the capital requirements for the default fund exposures.
In this webinar, Ioannis Akkizidis, Global Product Manager, Wolters Kluwer Financial Services’ FRSGlobal, presented and discussed the proposed elements of Basel III central counterparty capital charge and its implications highlighting the following issues:
- Why central counterparty risk management and capital?
- How to identify and measure the risk of central counterparties
- How the trade exposures & default fund are capitalized
- How the hypothetical & aggregated capital are defined
- How the aggregate capital is allocated
- What is the role of central counterparties in systemic risk?
- What is the role of central counterparties in liquidity risk?