FRTB (Fundamental Review of the Trading Book) | Basel 4 Market Risk | Bahasa Indonesia | OJK Deadline: Jan-2023

Delivery language: Bahasa Indonesia

This training will teach participants over the new Basel 4 standards for Market Risk, which is based on the Fundamental Review of the Trading Book Framework (FRTB) framework. Due to the more quantitative nature of the standards/regulations compared to the previous standards (Basel 2 or 3) for Market Risk, this training is also recommended to be joined by senior management to understand the large change in the details that would require IT/infrastructure strategy/commitments. In this 1-day training, participants will be introduced to the important building blocks and key points of the new FRTB Market Risk regulations under the Standardized Approach (SA), which is the standards adopted by OJK.

Why should your team join this training?

1. OJK still committed to the Basel 4 implementation on January 2023 (https://bit.ly/35I5O9M), in which this includes FRTB framework as the new methodology of market risk component's risk-weighted asset calculation (ATMR).

2. The magnitude and urgency of this topic is bigger, as this is directly related to banking minimum regulatory capital development. The presentation is already adjusted to the method that OJK presented in their Consultative Paper (SA-FRTB) and will be given in Bahasa Indonesia (including PDF materials), to avoid lost-in-translation. The FRTB implementation in Europe has been done for at least 5 years now, in which the trainer has hands-on knowledge on FRTB projects, systems, and reporting. So, participants can also expect first-hand FRTB-implementation experience and case study in this training.

3. FRTB concepts and implementation themselves are not easy, and from previously delivered trainings to local banks in Jakarta, it is still difficult for market risk professionals to fully grasp the concepts. This training will give your team guidance / road map on how to implement FRTB in the next 24-36 months project given the tight deadline in 2023, which will be very useful given the quantitative-heavy subject compared to previous standards (Basel 2 & Basel 3)

This training will be brought by expert who has extensive (10+ years) experience in European banking sectors, with stakeholders from various level and domains, e.g. trading and quants, to give training audience perspectives from multiple dimension within a bank.

OJK's related CP: https://www.ojk.go.id/id/kanal/perbankan/implementasi-basel/Documents/Pages/Consultative-Papers/CP%20Persyaratan%20Modal%20Minimum%20Untuk%20Risiko%20Pasar.pdf

Basel's original document: https://www.bis.org/bcbs/publ/d457.htm