AFB Seminar: Basel 3.1: Implementation of Phase 2 Rules – Disclosure and Reporting Requirements

On 12 September 2024, the PRA published its Policy Statement on Basel 3.1 Phase 2 near-final rules, which apply to all banks and building societies. These rules are due to come into force on 1 July 2025.

AFB will partner with MHA for an in-person seminar that will focus on the disclosure and regulatory reporting changes set out in Basel 3.1, as well as the changes to the Pillar 3 framework and the challenges that come with complex implementation requirements in Risk, Finance, technology/infrastructure, and bank-wide governance arrangements.

Why attend?

Small and medium-sized financial institutions will need to address several areas to adhere to the new Basel 3.1 standards. One of the key areas of implementation includes ensuring reporting and disclosure requirements are met. Attendees will learn the significance of the changed reporting regulations to support them in meeting the implementation deadline of 1 July 2025.

Who should attend?

This briefing is aimed at Business, Treasury/Finance, Risk and Compliance teams.

Speaker

Samir Jamal – Chartered Accountant (ACA)

Samir has over 20 years of experience working in the financial services industry. He has led treasury and risk functions of global banks. He also served as a Technical Consultant for the Asian Development Bank assisting in the implementation of BASEL III framework in Emerging Market Economies. Samir specialises in the implementation of IFRS 9 accounting, Enterprise Risk Management Framework, ICAAP, ILAAP and other regulatory assessments.  He is a qualified Chartered Accountant (ACA) and seasoned trainer of ICAEW on financial services related topics.

About MHA

MHA is the UK member firm of Baker Tilly International, a global top ten firm of accountants and business advisors. The MHA Governance, Risk, Compliance and Controls practice works with a diverse range of global banks, building societies, payment service providers and investment managers. Led by Shakeel Aslam who has over 25 years’ sector experience that includes working for KPMG and Merrill Lynch, Shakeel and his team have been engaged in advising and assisting on many international projects in the Middle East and Southeast Asia as well as working for UK banks and with the PRA.

Logistics

Fee:         Included in AFB membership (no fee)

Venue:    MHA, 2 London Wall Place, Barbican, London EC2Y 5AU

Date:        Monday 21 October 2024

Time:       16:00 – 17:15 (Arrival from 15:30, drinks & canapes from 17:15)

Please note, you will receive a confirmation of your booking via email within 24 hours.  Should you not receive a confirmation, please contact AFB to double check if your booking was successful.

If you would like to submit a question or have any specific areas that you would like the session to address, please send them to AFB at secretariat@foreignbanks.org.uk You will receive details on how to join this session a week before the event.