Risk Management and Banking Regulations
Course description
SPECIAL SUMMER OFFER – REGISTER BY 1 SEP & SAVE £400!
Join this practical 3 day course led by City expert to Master Risk Management, Navigate Banking Regulations and Strengthen Financial Decision-Making.
This very practical three-day Risk Management and Banking Regulations programme provides a comprehensive and practical overview of risk management and banking regulation, covering credit, market, operational and enterprise risk alongside the regulatory frameworks shaping banks and investment firms globally. Participants will develop a clear understanding of how risk measurement, governance, capital requirements and regulatory expectations translate into real-world business and strategic decisions.
The programme combines technical knowledge with practical application, enabling participants to better interpret regulatory requirements, assess risk exposures and contribute confidently to effective risk and governance decision-making.
High level programme structure:
- Day 1: Credit Risk and Market Risk
- Day 2: Operational Risk and Enterprise Risk Management
- Day 3: Banking Regulations and Regulatory Frameworks
What will you learn
- Understand the principles, frameworks and measurement techniques underpinning the four principal risk types
- Apply key risk concepts and models, including PD, LGD, EAD, VaR, Expected Shortfall, stress testing, risk appetite and capital assessment
- Understand the global banking regulatory architecture, including Basel III/IV, CRD/CRR and key UK, EU, US and international frameworks
- Gain practical knowledge of the IFR/IFD and UK IFPR regimes, including K-factors, own funds, liquidity requirements and the ICARA process
- Understand how risk management, governance, regulatory capital and supervisory requirements interact with business decisions
- Develop an integrated view of risk across banking and investment firm activities, including emerging risks such as cyber, climate, AI and third-party dependency
- Build a strong foundation for progression into specialist roles in risk management, finance, compliance, regulatory affairs and related areas
- Gain ability to connect risk frameworks to real-world banking and investment firm functions and business decisions
You may be also interested in the following programmes:
- Compliance & Regulatory Reporting for MIFIR & EMIR
- IFPR & ICARA
- CoRep, FinRep & Capital Adequacy
- Regulations & Operational Compliance for Funds
- Clearing, Settlement and Counterparty Risk
Register for any 2 public courses at the same time and save extra £100 (in total, not per course).
We offer detailed customised sessions and consulting on all major regulations in the UK, EU, APAC and North America – contact us to discuss your requirements.
Main topics covered during this training
- Credit Risk Management – Credit risk fundamentals, measurement, modelling, mitigation, counterparty risk and stress testing.
- Market Risk Management – VaR, Expected Shortfall, sensitivities, trading book risk, FRTB and hedging strategies.
- Operational Risk & Resilience – Operational risk frameworks, RCSA, KRIs, incident management, cyber risk, outsourcing and operational resilience
- Enterprise Risk Management (ERM) – Risk appetite, risk culture, governance, risk aggregation, reporting and strategic risk management
- Basel III/IV & Capital Requirements – Basel framework, CET1, capital buffers, leverage, output floors and revised risk-based capital requirements
- Liquidity & Resolution Regulation – LCR, NSFR, TLAC, MREL, bail-in and recovery and resolution planning
- Investment Firm Regulation: IFR/IFD & IFPR/ICARA – K-factors, own funds, liquidity, firm classification, ICARA and investment firm prudential requirements
- Regulatory, Conduct & Emerging Risks – UK/EU/US regulatory frameworks, ICAAP/SREP, conduct, AML, DORA, climate risk, cryptoassets and AI/model risk
Who should attend
This programme is designed for professionals who need a practical understanding of banking risk management, prudential regulation and regulatory frameworks, including:
- Risk Management Professionals – Credit, market, operational, enterprise and model risk specialists.
- Banking & Investment Professionals – Professionals working in lending, treasury, trading, investment management and financial markets.
- Compliance & Regulatory Professionals – Compliance officers, regulatory affairs specialists and financial crime professionals.
- Finance & Capital Professionals – Finance managers, controllers, capital planning and financial reporting teams.
- Internal Audit & Governance Professionals – Internal auditors, risk assurance, governance and control professionals.
- Investment Firm Professionals – Individuals working with IFR/IFD, IFPR, ICARA and prudential requirements.
- Senior Managers & Decision-Makers – Executives and business leaders responsible for risk, capital, governance and regulatory matters.
- Professionals Transitioning into Risk & Regulation – Those seeking to build a strong foundation for careers in risk management, finance, compliance or regulatory affairs
Risk Management and Banking Regulations
Day 1 – Credit Risk and Market Risk
Module 1 | Introduction to Credit Risk
- Definition and sources of credit risk: default, downgrade, concentration, counterparty
- Credit risk in context: lending, trading, treasury, and off-balance-sheet exposures
- The credit cycle: expansion, stress, and default
- Key metrics: probability of default (PD), loss given default (LGD), exposure at default (EAD)
- Expected loss (EL) and unexpected loss (UL): the foundation of credit risk capital
- Credit ratings: agency ratings versus internal ratings
Module 2 | Credit Risk Measurement and Models
- Standardised approach versus internal ratings-based (IRB) approach under Basel
- Foundation IRB versus Advanced IRB: inputs, outputs, regulatory requirements
- Credit scoring models: logistic regression, scorecards, machine learning applications
- Portfolio credit risk: correlation, concentration, and diversification
- Credit VaR and economic capital
- Stress testing credit portfolios: regulatory requirements and internal practice
Module 3 | Credit Risk Instruments and Mitigation
- Loan origination and underwriting: retail, corporate, and sovereign
- Collateral, guarantees, and netting agreements as credit risk mitigants
- Credit derivatives: credit default swaps (CDS), total return swaps, CLNs
- Securitisation: structure, tranching, and risk transfer mechanics
- Counterparty credit risk (CCR): current exposure method, SA-CCR, and CVA
- Wrong-way risk: definition, examples, and mitigation
Module 4 | Introduction to Market Risk
- Definition and sources of market risk: interest rate, equity, FX, commodity, credit spread
- Trading book versus banking book: boundary, treatment, and FRTB implications
- Value at Risk (VaR): concept, calculation methods, parametric, historical simulation, Monte Carlo
- VaR limitations: fat tails, model risk, procyclicality
- Expected Shortfall (ES) and why Basel moved from VaR to ES under FRTB
- Sensitivity-based measures: DV01, delta, gamma, vega, rho
Module 5 | Market Risk Measurement and Management
- Stressed VaR and stressed ES: regulatory rationale and application
- Backtesting and P&L attribution: regulatory requirements and internal governance
- Fundamental Review of the Trading Book (FRTB): standardised approach and IMA
- Interest rate risk in the banking book (IRRBB): EVE and NII frameworks
- Liquidity-adjusted VaR and market liquidity risk
- Hedging market risk: instruments, effectiveness testing, and hedge accounting overview
- Connecting credit and market risk to capital requirements
Day 2 | Operational Risk and Enterprise Risk Management
Module 6 | Introduction to Operational Risk
- Definition and scope: Basel definition and the seven event type categories
- People, process, systems, and external events as sources of operational risk
- Distinction from credit and market risk: non-financial in origin, financial in impact
- High-profile failures: Barings, UBS Rogue Trader, Knight Capital, TSB IT migration
- Emerging operational risks: cyber, AI model risk, climate-related physical risk, third-party dependency
Module 7 | Operational Risk Measurement and Frameworks
- Basel approaches: Basic Indicator Approach (BIA), Standardised Approach (TSA), Advanced Measurement Approach (AMA)
- Basel IV Standardised Measurement Approach (SMA): replacement of AMA, rationale, and calculation
- Internal Loss Data (ILD): collection, categorisation, and use in capital models
- External Loss Data: ORX database, industry consortia, and scaling challenges
- Scenario analysis: structured expert elicitation, severity and frequency estimation
- Business Environment and Internal Control Factors (BEICFs): KRIs and control assessments
- Operational risk capital: regulatory capital versus economic capital
Module 8 | Operational Risk Management Frameworks
- Three lines of defence model: first line ownership, second line oversight, third line assurance
- Risk and Control Self-Assessment (RCSA): methodology, scoring, and limitations
- Key Risk Indicators (KRIs): design, thresholds, escalation, and reporting
- Incident management: identification, recording, root cause analysis, and remediation
- Operational resilience: regulatory requirements (PRA, EBA, DORA), impact tolerances, and recovery
- Business Continuity Planning (BCP) and Disaster Recovery (DR): frameworks and testing
- Third-party and outsourcing risk: concentration risk, exit strategies, regulatory expectations
Module 9 | Enterprise Risk Management
- ERM defined: holistic risk management across all risk types and business lines
- Risk appetite: definition, articulation, metrics, and board approval
- Risk appetite framework (RAF): risk appetite statement (RAS), risk limits, risk tolerances
- Risk culture: tone from the top, behaviours, incentives, and accountability
- COSO ERM Framework 2017: eight components and application in financial services
- ISO 31000: principles, framework, and process
- Connecting ERM to strategic planning and business decisions
Module 10 | Risk Aggregation, Reporting, and Governance
- Risk aggregation: the challenge of combining credit, market, operational, and liquidity risk
- BCBS 239 Principles for effective risk data aggregation and risk reporting: 14 principles
- Risk reporting: board risk committee reporting, ICAAP, ILAAP, and management information
- Internal capital adequacy assessment: linking risk measurement to capital planning
- Stress testing in an ERM context: firm-wide stress tests, reverse stress testing
- Risk governance: Board Risk Committee, CRO function, risk management frameworks
- Model risk management: SR 11-7 guidance, model validation, and model inventory
- Integrating all four risk types into a coherent risk framework
Day 3 | Banking Regulations
Module 11 | The Basel Framework
- Origins of Basel: BCBS formation, Basel I (1988) and the 8% capital ratio
- Basel II: three pillars, IRB approaches, and the limitations exposed by the 2008 crisis
- Basel III (2010 onwards): higher capital, capital buffers, leverage ratio, liquidity standards
- Key Basel III components: CET1, Tier 1, Tier 2 capital definitions and minimum ratios
- Capital buffers: capital conservation buffer, countercyclical buffer, G-SIB and D-SIB surcharges
- Leverage ratio: definition, calibration, and interaction with risk-based capital
- Basel IV (Basel III finalisation, 2025 implementation): output floor, revised standardised approaches, FRTB
Module 12 | Liquidity Regulation and Resolution Frameworks
- Liquidity Coverage Ratio (LCR): purpose, calculation, HQLA definition, 30-day stress scenario
- Net Stable Funding Ratio (NSFR): purpose, ASF, RSF, and structural liquidity management
- Intraday liquidity monitoring: BCBS 248 and central bank requirements
- Total Loss-Absorbing Capacity (TLAC): FSB standard, eligibility, and minimum requirements
- Minimum Requirement for Own Funds and Eligible Liabilities (MREL): EU framework, bank-specific requirements
- Resolution regimes: BRRD (EU), FDIC Orderly Liquidation Authority (US), UK Banking Act
- Bail-in mechanism: write-down and conversion of eligible liabilities
- Recovery and Resolution Planning: living wills, preferred resolution strategy
Module 13 | Investment Firm Prudential Regime: IFR/IFD and IFPR/ICARA
- Why a separate regime: the rationale for distinguishing investment firms from credit institutions
- EU Investment Firms Regulation and Directive (IFR/IFD): scope, firm classes, and timeline
- UK Investment Firm Prudential Regime (IFPR): FCA implementation, scope, and key departures from CRR
- Firm classification: Class 1, Class 1 minus, Class 2, Class 3 under IFR/IFD; SNI versus non-SNI under IFPR
- K-factors: the new capital metric for investment firms
- K-factor categories: risk-to-client (RtC), risk-to-market (RtM), risk-to-firm (RtF)
- Key K-factors in detail: K-AUM, K-CMH, K-ASA, K-COH, K-NPR, K-CMG, K-TCD, K-DTF, K-CON
- Fixed overhead requirement (FOR): calculation, application, and interaction with K-factor requirement
- Own funds: composition, deductions, and minimum thresholds under IFPR
- Liquid assets requirement: IFPR basic liquid assets requirement and its purpose
- Internal Capital Adequacy and Risk Assessment (ICARA) process: purpose and regulatory expectation
- ICARA versus ICAAP: key differences in approach, scope, and outputs
- ICARA components: business model assessment, harm analysis, wind-down planning, stress testing
- Identifying and assessing potential harms to clients, markets, and the firm
- Wind-down planning: triggers, time to wind down, financial resources required
- Remuneration requirements under IFPR: proportionality, material risk takers, deferral and clawback
- Disclosure and reporting: Pillar 3 under IFPR, MIF reporting, group capital test
- Interaction with MiFID II and EMIR: how prudential requirements sit alongside conduct obligations
Module 14 | Jurisdictional Implementation
- EU: CRD VI and CRR3, EBA single rulebook, SSM, SRB, and Banking Union
- UK: PRA Rulebook, post-Brexit Basel IV implementation, ring-fencing regime (FSMA 2023)
- US: Dodd-Frank Act, Federal Reserve, OCC, FDIC oversight, Basel III endgame proposals
- APAC: MAS (Singapore), HKMA, APRA (Australia), RBI (India) implementation approaches
- Middle East and GCC: CBUAE, Saudi Arabia SAMA, QFCRA, DFSA frameworks
- Key differences across jurisdictions: gold-plating, national discretions, equivalence
- Cross-border banking groups: consolidated supervision, college of supervisors, host and home regulator tension
Module 15 | Conduct, Compliance, and Emerging Regulatory Themes
- Market conduct regulation: MAR (EU), FCA Market Abuse Regime, IOSCO principles
- Consumer protection: Consumer Duty (UK), MiFID II suitability, CFPB (US)
- AML and financial crime: FATF recommendations, 6AMLD, FinCEN requirements
- Operational resilience regulation: PRA SS1/21, EBA guidelines, DORA (EU Digital Operational Resilience Act)
- Climate and sustainability risk: ECB climate stress test, PRA SS3/19, NGFS frameworks
- Cryptoasset regulation: MiCA (EU), FCA cryptoasset registration, Basel cryptoasset prudential standard
- AI and model risk: SR 11-7 (US), EBA guidelines on internal models, EU AI Act implications for banking
Module 16 | Connecting Risk and Regulation
- ICAAP and SREP: how supervisors assess capital adequacy beyond Pillar 1
- ICARA and SREP for investment firms: FCA supervisory review process
- Pillar 2 add-ons: supervisory capital requirements above the minimum
- Supervisory stress testing: EBA EU-wide stress test, Fed DFAST and CCAR, PRA ACS
- Risk-adjusted performance: RAROC, RORWA, and how capital allocation drives business decisions
- The role of the CRO and risk function in a bank: structure, mandate, and reporting lines
- Integration exercise: tracing a business decision through credit, market, operational, and regulatory lenses
- Recommended further reading and professional qualifications: FRM, PRM, CFA, IMC
Trainer
The trainer is an industry advisor and regulatory expert with over 20 years of experience in investment banking, asset management, Insurance and Pensions Treasury, Risk management and Regulatory Compliance. He is an industry expert in Financial Regulation and covers all the key banking and financial services regulations across US, EMEA and APAC including MIFID II, EMIR, CASS, SFTR, IFPR, IFR/IFD, Dodd Frank, FINMA (SIX), ASIC, HKMA MAS, SFC, IBOR Transitions, SMCR, and ESG Regulations such as SFDR.
He combines experience in strategic regulatory technology with processes and platform management incorporating risk and governance policies.
His recent key engagements include banks such as HSBC, Deutsche Bank, JP Morgan and Barclays and asset managers/insurers such as T. Rowe Price, Ruffer, M&G, Travelers, and Investec Asset Management, to name a few. He is also a member and advisor of industry associations (IA, ALFI, Irish Funds, Guernsey Wealth), and committees for regulatory consultations with bodies such as ESMA, FCA, PRA/Bank of England and SEC.
FAQ
We offer banking and finance courses as well as soft skills and business management training. You can either attend an open public course in London or Dubai or arrange customised in-house training to be delivered in any of your offices worldwide.
Most of our public courses are run over 2 full days. Some programmes are offered as a 1 or 3 day training.
In-house training is tailored to client’s requirements and can be organised over 1 day, 2-3 weeks or longer.
Public courses are organised mainly in London and Dubai. Occasionally we organise courses in other centres like Paris or New York. Check our public course calendar for the current list of programmes. We use a range of training venues, all in the centre of the cities and with excellent transport links to the airports and train stations.
In London we use venues in the centre (near Oxford Circus station or in Mayfair) or in the City (near Liverpool Street or Moorgate stations).
In Dubai our courses are organised in one of 4-5* hotels in the Deira district. Once you register we will send you detailed information together with accommodation options if required.
Our in-house courses can be delivered anywhere in the world. We work with over 25 trainers worldwide. Contact us do discuss your requirements. Check our list of available programmes.
Our courses are run in central locations from 9 a.m until 5-5.30 p.m. There are 2 coffee breaks and a lunch break. Lunch is always provided in the venue.
Dress code is smart casual.
All our programmes are taught by senior specialists who have spent many years in their respective sectors, working as senior managers and head of departments, so they understand very well the market and the challenges you are facing.
The experience of our trainers allows us to create very practical programmes, focused on current market trends and challenges. You can be sure that you will gain the knowledge which can be instantly applied in your workplace after the course. You will be analysing real life case studies, take part in group exercises and discussions as well as role plays, whenever applicable.
We want our courses to be as practical and interactive as possible so we limit the number of participants in order to optimise your time with the trainer and allow you to ask questions which are important for you.
In order to understand your requirements and expectations, we will send you a pre-course questionnaire.
You will also receive post-course support so if you have any questions after you left the training, you are welcome to contact us.
There are 2 easy ways to register:
- Go to the course of your choice and click Register Now button to fill the registration page
- Email us to enquiry@eurekafinancial.com
After you register, we will send you registration confirmation and an invoice so you can arrange the payment. Please note that your place is not confirmed until we receive it.
If you register within Early Bird discount period, there’s limited time to arrange the payment in order to be eligible for the discount. You will find all the details on the invoice.
We don’t advise to make any travel and hotel arrangements until you receive full course confirmation from us.
We will send you venue and course details as soon as possible but most likely about 3-4 weeks prior to the course commencement.
You can pay by:
- Making a bank transfer
- Debit/credit card
- Cheque payable to Eureka Financial Ltd. - only within UK
Just mark preferred paying option on the registration form. Whichever form of payment you choose we will always send you an invoice.
If you pay by card, a 2.2% processing fee will be added. We will send you authorisation form so you can give us your card details.
Included in the price of a public course are:
- Course tutorial
- Take away course materials
- Course Certificate
- Lunch on the days of the training as well as drinks and snacks throughout the course
The price doesn’t include accommodation, flights, transfers and any additional costs outside of the training venue.
Yes, we always offer Early Bird discount, so the sooner you register the more savings you can make. We also offer group discounts and if you register for 2 or more programmes at the same time.
If you are a full time student or unemployed, we offer a 25% discount of the full price of the training. Student ID or unemployment status confirmation is required to claim this discount.
If you attend one of our courses you will be entitled to a special discount for a year after the last course you attend with us. Also, if you have attended and recommended us to a friend, both you and your friend will receive a special discount. You will receive more information about it after you attend the course.
See our Customer Loyalty Discounts page for more details.
All our courses based in the UK are subject to the VAT charge of 20%. This fee is irrespective of the country of residence of the delegates.
You can, however, claim the VAT back by contacting UK tax office - HMRC, and filling the relevant form, as long as you comply with the following rules:
For Delegates coming from the EU countries
If you represent a registered business in another EU country, you can use the Refund Scheme to reclaim VAT you pay in the UK as long as all of the following apply:
- You're not registered for VAT in the UK and don't have to, or can't be, registered here
- You don't have a place of business or a residence in the UK
- You don't make any supplies in the UK
You can find some more information here. In order to claim the VAT you have to fill Form 65.
For the Delegates from Non EU countries
If you represent a registered business in a non-EU country, you can use the Refund Scheme to reclaim VAT you pay in the UK as long as all of the following apply:
- You're not registered for VAT in the UK and don't have to, or can't be, registered here
- You don't have a place of business or a residence in the EU
- You can only use the Refund Scheme if your own country operates a similar scheme and makes it available to UK businesses. If your country has its own Refund Scheme but doesn't let UK businesses use it, you can't claim under the UK Refund Scheme.
- You don't make any supplies in the UK
If the following rules apply to you, please fill the 65A form and send it to HMRC.
Webinars
You can cancel your participation up to a month before the course and receive a refund minus 10% of the full course value. Between 2-4 weeks before the course you will be charged 50% cancellation fee and if you cancel less than 2 weeks before the course you can only offer your place to a colleague. Up to 2 weeks before the course you can reregister for another edition for 10% reregistration fee if there is another webinar offered or you can rebook for a course in London by paying the difference in price plus 10% reregistration fee.
Classroom Courses
If there is any official travel restriction or difficulty related to the COVID pandemic around the time of the course we will convert the training into a webinar or offer to attend the next classroom edition at no extra cost.
If you are unable to attend the course, you can either send a replacement at no extra charge or, up to 10 days before the training, you can transfer your booking to another edition within the next 6 months paying administrative fee of 20% of the full course price. For any cancellation requests received between 11 days and 4 weeks from the course we offer 50% refund or reregistration to another edition for 25% of the value of the booking. For any cancellation requests received more than 4 weeks before the course date we will offer a refund less an administration fee of 10% of the full course price.
Cancellations must be made in writing (letter or email) and reach our office four weeks prior to the course date. We regret that only limited refunds can be given after this period as per points above. Non-attendance without any notification will be charged at full rate. Your place on a course is not guaranteed until we receive the payment. All payments must be made in full before the course date.
All our trainers have been working for many years in their respective sectors before they begun to teach so they bring a wealth of practical experience to the classroom.
Most of them used to work for 15 or more years in the financial sector and corporate world, and were holding positions of Directors, VP and Senior Managers. Some of them have published books and have written articles for specialised magazines and newspapers including FT, The Independent, The Times etc. You can find detailed biography of each trainer on the page of the course you want to register for.
Yes, you will receive a Certificate of Attendance at the end of the course you attend.
If you have to apply for a Visa to attend a course in the UK, we will issue a letter to support your application. The letter will be issued only after the payment for the course has been made.
It is delegate’s responsibility to obtain a Visa and failure to do so will not make the participant exempt from the cancellation policy.
Anyone suspected of applying for a training course simply to gain a Visa letter will be reported to their embassy.
We will need the following information to issue an invitation letter:
- Full name as it appears on your passport
- Date of birth
- Passport number
- Passport issue date
- Passport expiry date
18 - 20 Nov 2026, London
Register by 01 Sep to save £400
Early bird price £2795 + VAT
Regular price £3195 + VAT
5% discount for 2 and 10% discount for 3 people.
This topic can be arranged on in-house basis. If you have a group of 4 or more we can customise it and deliver in any location worldwide. Contact us to discuss your requirements
