Increasing Regulatory Requirements Bring Increased Risk:
Regulatory risk continues to be a prominent agenda item on bank boards, as well as on risk and audit committee agendas. With regulatory requirements becoming increasingly stringent and complex, and with Basel IV discussions starting to emerge even before Basel III is fully implemented, internal audit has a key role to play as part of the âthird line of defenceâ, in helping the organization manage and mitigate regulatory risk.Course Objectives
The current bank regulatory landscape in the context of Basel 1,2, 3 and Capital Adequacy Requirements.
Emerging regulatory developments; and
Key need-to-know facts for bank internal auditors to ensure a risk-based audit approach and plan
Detailed treatment of IFRS 9 which replaced IAS 39 and its practical application