The objective of the course is to provide participants with a deep overview of the components of the European SREP framework and EBA Guidelines, including changes and clarifications being introduced in 2018.
Participants will also gain insights into the way how supervisors can apply SREP components in practice, in particular focusing on key aspects of scoring, business model analysis, assessment of internal governance and institution-wide controls as well as assessment of capital and liquidity adequacy and determination of additional capital and liquidity requirements.
Instructors will also recall the rationale behind the assessment of risks to capital and risks to liquidity and funding. The course will also explain how SREP assessments are linked with other supervisory activities, in particular in crisis management (e.g. assessment of recovery plans).
The course will also include interactive exercises and a practical case study focused on the assessment of capital adequacy and the determination of additional capital requirements for a cross-border banking group, where participants could apply in practice key concepts introduced in the Guidelines and covered by the instructors.
Business Model Analysis
Assessing risks to capital, liquidity and funding
SREP capital and liquidity adequacy assessments
Supervisory stress testing
Using SREP outcomes for crisis management purposes
Impact of FinTech on banks’ business models
Slavka Eley was appointed Head of the Supervisory Convergence Unit within at the EBA in February 2013. She is responsible for the EBA’s work on the supervisory policy and convergence, efficient functioning of colleges of supervisors, recovery planning and the early intervention framework, and assessment of equivalence of third countries. The supervisory policy work includes IT risks and risks related to financial innovation. She chaired different working groups at the EBA as Sub-group on Risk Assessment Systems mandated to develop the common SREP framework. Currently she chairs the Sub-group on Supervisory Effectiveness and Convergence. Prior to joining the EBA Slavka worked for the National Bank of Slovakia where she held a number of roles in supervision and prudential policy. She holds a MBA in general management from the City University of Seattle and a Master degree in Mathematics, Physics and Education from the Comenius University Bratislava.
Oleg Shmeljov is a Bank Expert in the EBA Oversight Department, where he is primarily involved in the topics of supervisory convergence, Pillar 2 and supervisory review and evaluation process (SREP) related policy development and assessment work. Prior to joining the EBA predecessor, Committee of European Banking Supervisors (CEBS), Oleg worked at the Estonian Financial Supervisory Authority, where he was institutional supervisor for one of the largest banks, and was also involved in the policy development question in the field of supervisory risk assessment and crisis management. Before joining the supervisory community Oleg worked in various risk management roles in a commercial bank. Oleg a holds MSc degree in Economics from Tallinn University of Technology.
Deniz Igan is the Deputy Chief in the Research Department’s Macro-Financial Division at the International Monetary Fund. Previously, she worked in the Western Hemisphere Department and the European Department. She holds a B.A. from Bilkent University and an M.A and Ph.D. from Princeton and will be visiting the EUI in March-June 2018 as a Young Policy Leaders Fellow at the School of Transnational Governance. Her research interests include corporate finance, banking, real estate, political economy, financial crises, and financial regulation.