WEBINAR - Complying with the FFIEC Interest Rate Risk Advisory
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Start |
End |
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Event Registration |
| 10 Mar 2010 |
12:30 PM |
2:30 PM |
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Complying with the FFIEC Interest Rate Risk Advisory 2.5 Total Credits |
| Note: This tele-web seminar will begin on Wednesday, March 10, 2010 at 12:30 PM to 2:30 PM Mountain Time. |
Click here for more information and/or to register online.
The FFIEC Interest Rate Risk (IRR) advisory was viewed by many as a new set of expectations. In fact, these expectations are nothing more than a restatement of their 1996 Joint Agency Policy Statement on Interest Rate Risk. Join David Koch, COO of Farin & Associates as we examine the increased expectations for upcoming interest rate risk exams and what you can do now to prepare. The advisory provides guidance on:
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Changes in corporate governance, policies and procedures to effectively communicate risks
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Discussion of appropriate measurement and monitoring systems for institutions of all sizes.
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Outlines expectations for institutions outsourcing the interest rate risk management process
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How to address risk mitigation strategies, what steps are taken to minimize, prohibit, or fix compliance problems
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How to establish prudent internal controls
Highlights
This program will explore the advisory guidance through the use of actual case data comparing traditional approach to new requirements, illustrating the impact on decision making. Specifically we will cover:
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The difference in using static or dynamic balance sheet projections in measuring income at risk
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How the projection of interest rates impacts ALCO decisions
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What pitfalls exist in typical interest rate risk policies
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Why Economic Value Methods make sense, when properly applied
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How the future rules on liquidity risk management due out this Spring/Summer will impact the Interest Rate Risk process
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What 3 things you can do now to begin to comply
Audience
CEOs, CFOs, Controllers, Directors, Senior Bank Officers and Auditors.
Speaker
David W. Koch is an industry lecturer and consultant for the financial institution industry. He has delivered educational programs for national and state industry trade groups, in addition to several Federal Home Loan Banks. He serves on the faculty of the Graduate School of Banking at the University of Wisconsin and has served as faculty of the CUNA Management School in Madison, WI. Since joining Farin in 1993, Mr. Koch has been a frequent speaker on asset/liability and interest rate risk management to financial executives across the country. In addition to the speaking roles, Mr. Koch also consults with financial executives to help find creative solutions to their business challenges. Prior to joining FARIN, Mr. Koch worked with a Midwestern consulting firm, assisting financial institutions in the development of asset-liability procedures, policies and measurement systems.
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