ΠΕΡΙΓΡΑΦΗ

This seminar aims primarily to satisfy the CPD requirement of CySEC as per “Directive of the Cyprus Securities and Exchange Commission regarding the certifications of persons and the certification register” (RAD 22/2017) by offering an update to the current developments in requirements of sustainability reporting and ESG disclosures under IFRS and EU Regulation 219/2088 on sustainability-related disclosures in the financial services sector.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

The Objectives of the seminar, is to provide participants with the outline of the sustainability reporting and ESG disclosures requirements in accordance with the IFRS and European Sustainability Reporting Standards. It outlines the expected sustainability reporting requirements under IFRS S1, IFRS S2 and CSRD coming into effect in January 2024. The seminar includes the examples of qualitative and quantitative disclosure elements.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

This seminar is addressed to CFO, CRO, Accountants, Internal and External Auditors as well as to the Senior managers.

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Seminar Outline

• What is ESG and Sustainability related risks and why are they important?
• Common definitions of ESG risks and factors
• Management of ESG risks by institutions
• Methodological approaches for assessing and evaluating ESG risks
• Quantitative and qualitative Indicators and metrics to assess ESG risks (GHG Emissions)
• IFRS S1 general requirements for Disclosure of Sustainability-related Financial Information
• IFRS S2 requirements for climate-related disclosures
• Requirements of qualitative information disclosures under Regulation 2019/2088
• Sustainability disclosure quantitative metrics under IFRS and Regulation 2019/2088 (Indicators)
• Sustainability disclosure requirements under IFRS S2 for Investment banking & Brokerage
• Sustainability disclosure requirements under IFRS S2 for Asset Management & Custody Activities
• Q&A

Certification

All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.

Instructor: Ilze Petersone, FCCA, CIA, ACAMS

Mrs. Petersone has more than 15 years’ practical experience in financial industry, particularly in banking industry, taking such positions as Chief Risk Officer, Chief accountant and Head of Risk department. She has been responsible for risk management framework development, including Recovery plan, ICAAP/ILAAP and capital requirements calculation in accordance with the prudential framework as well as for the prudential reporting and presenting to supervisory authorities.

As Chief Risk Officer she has been responsible for implementation of capital requirements, Recovery Plan and ICAAP/ILAAP methodologies in daily management reporting system and risk management framework as well as development of internal politics and procedures for all risk management framework elements since these requirements were introduced in EU.