International Program On Surveillance, Risk Management And Securities Settlement

Program Objective:   Surveillance, Risk Management and Securities Settlement have emerged as critical factors for successful functioning of stock exchanges in the background of growing integration of domestic markets with global finance and also harmonization of best practices in securities markets.   The program is envisaged to explain various facets of Surveillance, Risk Management and Securities Settlement and equip the participants with assessing, monitoring and managing these aspects with greater efficiency and efficacy.   Program Contents:   Introduction to Risk Management §         The risk management framework §         Overview of different types of risk §         Current  trends in Capital Markets    Credit Risk Management §         Defining credit risk §         Counterparty risk §         Default risk §         Settlement risk §         How collateral management can help reduce risk §         Describing the credit rating process   Market Risk Management §         Defining market risk §         Identifying risk sensitivity §         Liquidity §         Volatility §         Managing Risk using VAR method §         Stress Testing   Operational Risk Management §         Defining Operational Risk §         Assessing various ways to monitor ad control operational risk §         How to integrate market risk with operational risk   Risk Measurement Tools §         Historical Simulation §         Variance from mean §         VAR   Identifying Areas to Effectively Implement Manage and Control Risk §         Integration of online monitoring with offline monitoring §         Case Study of major market movements  §         Capital adequacy norms   Clearing and Settlement Procedures §         Settlement cycles §         Margins and Margining Management §         Collateral Management §         Risk Management through use of Trading Platforms   Inspection §         KYC Norms §         Money Laundering §         Risk Management profile of clients §         Process Audit              Venue: BSE Training Institute Ltd., Bombay Stock Exchange Ltd., Mumbai, India.   Who Can Attend: Senior to Mid Level Officials from the Regulator, Securities Market Commission, Stock Exchanges, Central and Commercial Banks, Financial Institutions, Broking Houses, Corporates and other Financial Services.   Course Fee: US$ 2800 (Includes single room accommodation in a reputed hotel, airport pick up and drop facility, local transportation from hotel to venue and back, tuition fees, cost of study materials, lunch & refreshments and field visits in Mumbai).     Website: www.bseindia.com   E-mail: training@bseindia.com    Course Coordination: Vispi Rusi Bhathena BSE Training Institute Ltd. Phone: +91 22 – 2272 8175 Fax: 022 - 2272 3250 By Post: BSE Training Institute Ltd., Bombay Stock Exchange Ltd., 18th Floor, P. J. Towers, Dalal Street, Mumbai – 400 001