ΠΕΡΙΓΡΑΦΗ

A KPMG director in our Risk Consulting Department and her team will provide an overview of the main changes in the provisions of the European Capital Requirements Regulation (EU Regulation 575/2013 or “CRR”), as these arise from the CRR II which has been applied largely since June 2021, as well as from the proposed CRR III text, both of which reflect the EU’s response to the Basel IV amendments proposed by the BCBS and explain how the Pillar 1, capital adequacy calculations of banks should be amended to comply with the revised framework.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

By the end of the training, participants will:

• Familiarize themselves with the main changes in the CRR
• Be in a position to apply the aforementioned changes to their own capital adequacy calculations and understand the impact on their organization
• Identify ways to better resolve any related issues they may face.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

Officers serving in a number of functions within banks, including Directors, General Managers, CEOs, CFOs, Heads of Risk Management Functions, Credit Risk Officers, Market and Liquidity Risk Officers, Operational Risk Officers, Accounting and Finance Control Officers, Heads of Compliance Functions and Compliance Officers, Heads of Internal Audit Functions and Internal Audit Officers, officers involved in Regulatory Reporting, officers involved in Treasury/Proprietary Trading Functions and Information Systems Officers.

*The number of participants is restricted to 28.

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Trainers

Lazarou Marios

Board Member, Risk Consulting, KPMG in Cyprus

Marios is heading the Risk Consulting Department at KPMG in Cyprus. He has more than 15 years of risk and audit experience in the financial services sector. During the last 11 years, he has been involved in multiple advisory engagements in the areas of banking risk and regulation with emphasis on capital adequacy, credit risk processes and procedures, risk quantification and stress testing. He was the Cyprus Champion on the KPMG AQR Forum at the EU level.

In recent years he has contributed to certain high-profile projects in the Cyprus financial services industry as a regulatory and banking expert, either by leading the projects or by supporting KPMG’s teams from the UK and Netherlands.

Marios has also led several projects for the implementation and design of ICAAP frameworks, for more than 10 banks in Cyprus and in Europe.

He delivered numerous Risk related trainings whilst during the last 3 years, he trained the Board of Directors of almost all banks in Cyprus on regulatory, risk management and other banking topics. 

In 2015, he was certified by the HRDA as a “Trainer of Vocational Training”.

Hadjivarnava Artemis

Principal, Capital Adequacy Lead, Risk Consulting, KPMG in Cyprus

 a Principal in the Risk Consulting department of KPMG in Cyprus, with more than 12 years of experience in the financial services advisory field. She is heading the Capital Adequacy consulting team and has extensive experience in the implementation of various assurance and advisory engagements in relation to Capital Adequacy (Basel III and IV, IFR) calculations and Impact Studies, capital adequacy seminars, Consolidated Supervision, ICAAPs, Pillar 3 Disclosures, Operational Risk Management Frameworks, Client Assets, Internal Controls and overall regulatory compliance, in banks and investment firms.

Artemis has participated in numerous Basel II and III (Pillar 1) projects with several banks and investment firms in Cyprus and is currently assisting such organisations to quantify and understand the impact of the amended CRR rules (for banks) and the new IFR/IFD prudential rules (for investment firms) on their capital requirements and their overall regulatory obligations. Furthermore, she has participated in the implementation of a Basel III Pillar 1 calculations engine in two of the largest local banking institutions, performed Capital Efficiency exercises and delivered educational, hands-on seminars on Capital Adequacy regulatory provisions to banks and investment firms.

In 2015, she was certified by the HRDA as a “Trainer of Vocational Training”.

Iacovidou Elena

Manager, Risk Consulting, KPMG in Cyprus

Elena is a Manager in the Risk Consulting Department of KPMG in Cyprus. She   holds a Bachelor’ s degree in  Mathematics from the University of Bath and a Master’ s degree  in Financial Risk Management from the Henley Business School of the University of Reading.

Elena has extensive experience in the fieldsof CRR/CRD IV and knowledge of the CRR II/CRD V, IFR/IFD packages as well as MiFID I/II, PRIIPs and other regulatory compliance frameworks. She is involved in the execution of multiple advisory projects with experience spanning across the investment and banking sectors.

She has participated in a number of Basel III and CRR/CRDIV projects for financial institutions in Cyprus, assisting them in the quantification of risks and the calculation of minimum capital requirements. She has been involved in the implementation of CRR calculation engines in the banking sector, performed reviews and audits of Pillar 1 calculations and Pillar 3 disclosures for various investment firms in Cyprus.

Elena has been delivering seminars to financial entities on topics such as capital adequacy (Basel and CRR packages), MiFID II, PRIIPs and more.