Price category: B
Date: See Agenda
Location: Amsterdam
Duration: 1 Day
Time: 09:00 - 17:00
Language: NL / EN
Lecturer(s): Ernst van den Broek
PE points:  7

INTRODUCTION:

The implementation of EMIR and other regulation have an impact on OTC (‘over the counter’) derivative markets and recently led to introduction of a new Credit Support Annex for Variation Margin (VM). In this course we will also pay attention to the recently announced regulatory initial margin (IM) requirements.

LEARNING OBJECTIVES:

This course provides practical training and interactive learning on how derivatives work and is employed within strategies, to increase the interaction between front, middle and back-office staff and to improve confidence.

TARGET GROUP:

• Derivatives Sales and Buy side of the derivatives market such as (semi-) governmental agencies, building societies etc.
• Audit staff
• Derivatives lawyers
• Documentation officers
• Risk managers
• Collateral managers
• Treasury managers

CONTENT:

The implementation of EMIR and other regulation have an impact on OTC (‘over the counter’) derivative markets and recently led to introduction of a new Credit Support Annex for Variation Margin (VM). In this course we will also pay attention to the recently announced regulatory initial margin requirements.

The implementation of EMIR and other regulation have an impact on OTC (‘over the counter’) derivative markets and recently led to introduction of a new Credit Support Annex for Variation Margin (VM). In this course we will also pay attention to the recently announced regulatory initial margin requirements.
Each September until 2020, increasing numbers of entities will be required to meet initial margin regulations as the threshold level for compliance reduces. Preparation for meeting these requirements will take significant time, and will involve intensive work to ensure systems, processes and documentation are in place.
Firms should consider taking the following steps when preparing to comply with regulatory initial margin requirements. These are not necessarily presented in chronological order – the precise order and timing will depend on a firm’s specific circumstances.

Step 1: identify in-scope entities early
Step 2: make early disclosures to counterparties
Step 3: exchange information on compliance
Step 4: identify special cases
Step 5: establish custodial relationships
Step 6: prepare for compliance
Step 7: negotiate/execute documentation
Step 8: finalize preparations

METHODOLOGY:

• The participants will receive an (English) written handout
• The course will be supported by a Power Point presentation
• At the end of the course the participants will be given a certificate of completetion.

EXTRA:

VAT is not applicable on Investment Academy training.