Counterparty Credit Risk

Complex new rules from 1 Jan 2022 that can benefit banks and building societies

Our second webinar of the series examined the implications and what’s new with forthcoming CRR2 regulations, including the impact on UK firms. Stuart Fairley and Luke Di Rollo from ALMIS International provided detailed presentations on these rules to over 85 banking institutions in attendance.

Of particular interest is alternative new credit risk calculations covering derivative (interest rate swap) hedging instruments. The webinar covered three new methods, Standard, Simplified and Original Exposure Method and the difference with the existing approach under CRR1. These rules are designed to more accurately reflect cleared and collateralised derivative transactions.

The ALMIS^® and Cobalt^® systems are designed to reflect these changes, making it easier for firms to take advantage of more advanced computation methods and deliver true end to end regulatory reporting. We are committed to helping our clients with true end to end regulatory reporting solutions.

Feedback from the day included: “Very well structured and organised, the right level of detail for me”, “Very Informative” and “Timely reminder of action needed”

This webinar, including the slides, are now available for our clients to view on the Client Area. However, if you are not a client and are interesting in viewing the webinar please simply email info@almis.co.uk to request it.

We look forward to presenting our next and final webinar in the series.