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CFE-In-Practice

 

 Integrity.   Intelligence.   Independence.

  

 

 

 

 

 

professional coaching - capital market & derivatives

 

Risk Control for DERIVATIVES

 

Sign Up NOW!

 

Enjoy immediate savings:

2nd participant* pays 75%,

subsequent participant* pays 50% only.

 

Register on-line:

registration@cfe-in-practice.com

*terms & conditions apply.

 

Closing Date: 9 January 2009

 

Monetary Authority of Singapore, Deloitte Touche Tohmatsu, Auditor General Office, Attorney General Office, ... more

 

"My expectations of the seminar were exceeded."

Monetary Authority of Singapore ... more

 

Check out on our other programs.

 

Derivatives Products 1

 

Derivatives Products 2

 

Derivatives and Speculation

 

Derivatives for Non-Traders

 

Derivatives for Decision Makers

 

Investment Banking and Structured Finance 1 

 

Investment Banking and Structured Finance 2

 

The Bond Audit

 

Treasury & Derivatives Audit

 

Understanding and Marketing Financial Derivatives 

 

Understanding Financial Futures and Swaps

 

Understanding Options

 

MONEY MARKET SERIES:

The Audit & Control of Money Market

Bond Audit and Management

The Audit of Derivative Products

The Audit of Interest Rate Derivative Products

The Audit of Derivatives in Structured Notes

The Audit of Credit Derivatives

The Audit of Asset Securitisation

 

 

Audit Skills & Techniques

 

Capital Market & Derivatives

 

Foreign Exchange & Treasury Management

 

Loss Prevention

 

Risk/Credit Management

VENUE: THE TRADERS HOTEL - SINGAPORE

 

FEBRUARY 4, 2008

The Concept:  

This program is designed to consider as an indication of the types of risk and their control, associated with the new financial instruments discussed.  The new instruments and markets in those new instruments are changing rapidly.  The markets are extremely volatile and therefore the procedures for the assessment of risks and their control must be variable to meet the markets' changing requirements.  This highly intensive program deals with the risk aspects of new financial instruments.

 

The following sequence have been applied to the area of risk control:

  • Discussion of general risks.

  • Risk by financial instrument.

  • Internal controls - The New Environment

Financial transactions re-allocate various categories of risk among lenders, borrowers and financial intermediaries.  These risks can be analysed into key control areas that will require different emphasis on controls within each financial institution.  Before discussing the risks from the perspective of the individual firm or bank, it is important to assess the impact of the new instruments on the financial system as a whole, the financial system risk.  This should be of particular interest to regulators and central bank examiners.

 

Financial System Risk

A main conclusion of many observers with respect to new financial instruments is that market participants, at least those with access to all markets, are able to adjust their profits in most categories of risk more precisely with the new instruments than previously.  Overall, this enables credit to be extended by lenders to borrowers, while the various categories of risk historically associated with credit extension can be separated and spread more widely and, in particular, can be transferred to those who can match it with an offsetting exposure or to those who specialise in management of risk for a fee.

 

The above argument is often extended to reach the conclusion that banking innovation is an unambiguous social good.  That is, the effects in the aggregate are the simple sum of effect for individual economic agents, without any significant negative side-effects (externalities).

 

However, the question of whether new financial instruments contribute to an increase in systematic risk depends in part on whether the various risk inherent in them are appropriately priced.  That is, whether they produce sufficient profit margins on average to cover potential losses from market, credit or other risks, both in the short and the long run.  It is for this very reason that CFE-In-Practice designs this program for everyone that have an interest in managing risk, controlling risk and appreciating derivative products.

 

Coaching Outline

  • Risk Concentration

  • The Volatility of Markets

  • Market or Price Risk

  • Credit Risk

  • Technology Risk

  • Settlement or Delivery Risk

  • Market Liquidity Risk

  • Country and Transfer Risk

  • Transaction Type Risk

Risk by Some Financial Instruments

  • Currency and Interest Rate Options

  • Interest Rate and Currency Swaps

  • Interest Rate Futures

  • Forward Rate Agreements

Methodology

This coaching by a Certified Fraud Examiner consists of a lively series of short participative lectures conveyed using plain uncomplicated explanations.  Learning will be facilitated through discussion and case studies.  Ample coaching materials will be given to participants so that these will be a constant source of reference to them.  Ample time will be allotted for the transfer of ideas. 

 

For whom

Risk Mangers, Company Directors, Compliance Officers, Finance Mangers, Operations Managers, Treasury Managers, Training Managers Relations Managers, HR Managers, Internal Control Officers and all Bank Internal Auditors.  

 

Principal Coach

Tommy Seah, CFE MIIA CMC ACIB etc.  Click here for Tommy Seah's Profile and business.

Register by email

Register on-line today.  Our email address is: registration@cfe-in-practice.com

 

Important Notice

Payments are required with registration and must be received prior to the Coaching Session to guarantee your place. Walk-in delegates will only be admitted on the basis of space availability at the Coaching Session and with immediate full payment.

 

Cancellations & Transfers

If you are unable to attend, a substitute delegate is welcome at no extra charge. Please provide the name and the title of the substitute delegate at least 2 days prior to the Coaching Session. A refund less 10% administrative charge will be made cancellation received in writing 10 working days before the program date. A complete set of program documentation and a 50% refund will be given for cancellation made 3 working days before program date. Regrettably, no refund can be made for cancellation made on and or after program. A complete set of documentation will however sent to you.

The organizer reserves the right to make any amendments and/or changes to the programme, venue, speaker replacements and/or topics if warranted by circumstances beyond its control.

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