Liquidity Risk Management and Cross Currency Funding Risks with Dr. Robert Fiedler
Dates: May 20 - 21, 2019
Price: EUR 1,400
Location: Prague, NH Hotel Prague
Lecturer: Dr. Robert Fiedler
Learn from the best practice within leading international banks
Identify the nature of liquidity risk and how to distinguish its different types
Develop an economic methodology to measure, monitor and manage illiquidity risk
Learn to model liquidity risk exposures and their mitigating strategies
Understand, implement and learn how to manage the impacts of regulatory liquidity related requirements such as Basel III, BCBS 248, CEBS' Guidelines on Liquidity Cost Benefit Allocation
Understand the role of liquidity risk in the bank's transfer pricing process and quantify its direct and indirect costs
Introduction to the course
Liquidity Risk has always been the ultimate risk for financial institution, although in times of financial stability ongoing growth and ample cash liquidity supply between banks, it has not been at the forefront of perception. Other than market and credit risk, and even operational risk, its methods have not been that far developed and moreover, regulators have been a bit reluctant to explicitly deal with it. During the Financial Crisis 2007-2008, however, esteemed institutions like Lehman Brothers, Merrill Lynch, AIG, Freddie Mac, Fannie Mae, HBOS, Royal Bank of Scotland, Fortis, Dexia, Hypo Real Estate etc. became unable to raise sufficient cash for the ordinary course of their business and went into bacruptcy or had to be saved by their governments. This completely changed the picture: the top banks have developed and implemented sophisticated liquidity methodologies and the regulators followed with according standards (Basel 3). After this course the attendants will understand the roots of liquidity risk and it effects their business model. They will be able to distinguish economic and regulatory measures for liquidity risk and learn how to optimize their balance sheet accordingly.
Class room teaching with the possibility of question and answers as well as joint discussion of case studies.
Who should attend?
CEOs, CFOs, CROs, MDs, VPs, Directors, Division Heads, Senior Managers and Executives responsible for:
Liquidity Management / Liquidity Risk Management / Liquidity Transfer Pricing