This learning initiative was built on previous CEF programs that took stock of the challenges faced by the banking sector and how supervision practices have kept pace with the deficiencies in financial regulation that were exposed during the crisis.

Recovering and learning lessons from the crisis, central banks and financial supervisory authorities have been taking a series of steps to create stronger, more stable and safer financial systems. The underlying motivation was to ensure that banks and other financial intermediaries can become increasingly resilient to shocks while continuing to support access to credit which is so vital to growth and job creation.

This learning initiative shed light on recent developments in the international and EU regulatory and supervisory environment focusing on the new Basel III liquidity, capital requirements,  and specific topics of supervisory review. The latter have been developed as a set of reform measures to strengthen the regulation, supervision and risk management of the banking sector and should function on both micro- and macro-prudential levels.

What the participants learned

 This learning initiative provided:

• an update on liquidity risk supervision, liquidity coverage ratios and net stable funding ratios;

• the focus and rationale of the Capital Requirements Regulation on large exposures;

• an overview of the evolution of the Leverage Ratio with respect to the Basel framework;

• a discussion of Basel “3.5” recent developments with respect to credit risk   capital requirements, both standardized and internal ratings-based approaches; and

• highlights of country implementation of structural reforms with respect to prohibition of trading for own account.

In keeping with the CEF approach, an interactive approach was favored, together with  a peer knowledge exchange that maintains an operational focus to support the efforts of practitioners in the region.

In particular, country experiences were shared on topics such as:

• progress towards the Banking  Union;

• participation in the institutional and policy framework of the Single Resolution Mechanism;

• challenges and opportunities to strengthening corporate governance; and

• developments with respect to the application of the European Banking Authority guidelines.

 Who attended

The event had been designed with the specific needs of central bank and financial supervisory agency staff in mind. Participants came prepared to actively intervene in the discussion, raising practical questions and offering insight of relevance  to their country cases.

Faculty

Guy van den Eynde, National Bank of Belgium

Guy Van den Eynde is an advisor at the National Bank of Belgium (NBB). Before he joined the NBB in 2014, he worked for 23 years in the Belgian private banking sector where he started his career as a trader in the dealing room and became a senior executive with a specific expertise in the area of Asset & Liability Management, covering topics such as Interest Rate Risk in the Banking Book (IRRBB), liquidity reporting and funds transfer pricing (FTP).

Guy is a member of the Basel Working Groups looking at sovereign exposures (TFSE), the new standardized approach for credit risk (TFSA) and large exposures (LEG). He also participates in the EBA’s group on Large Exposures (DTLE) and credit risk and is involved in the practical roll out of the Belgian regulation on structural reforms.

Guy studied at the Katholieke Universiteit Leuven, Belgium, and holds a Master Degree of Commercial Engineer.

Joachim Keller, National Bank of Belgium

Joachim Keller is an Advisor at the National Bank of Belgium. Since joining the Bank in 2007, he has worked on a range of topics related to financial stability and prudential policy, including securitization. He also covered bonds, capital and liquidity regulation, countercyclical capital buffers, and shadow banking.

Joachim is the Belgian representative to the Basel Working Group on Liquidity (WGL) and the Ratings and Securitisation Workstream (RSW). He is also a member of the EBA’s Standing Group on Securitization and Covered Bonds (SGS&CB). In the past he was also involved in several working groups at the ESRB related to shadow banking in the capacity of either a chair or a member.

Joachim holds a Ph.D. in Economics from Solvay Brussels School of Economics and Management, a Master's degree in Economics from University of Mannheim, Germany, and a Master's degree in Economics and Statistics from Université Libre de Bruxelles, Belgium.

Peter Kupljen, Bank of Slovenia

Peter Kupljen, FRM, is Director of the Resolution Unit at the Bank of Slovenia. He joined the Bank of Slovenia in 2015 to set up the bank’s Resolution Unit. His current responsibilities lie in establishing resolution plans for banks in Slovenia, cooperating with the Single Resolution Board and managing the Deposit Guarantee Scheme. Before joining the central bank he held various positions in trading and risk management, including Executive Director for Finance and Risk Management at Nova KBM d.d., Slovenia.

Peter holds a M.Sc. in finance and banking from the Faculty of Economics and Business, University of Maribor. He is also a FRM charterholder.

Katja Ciglar, Bank of Slovenia

Katja Ciglar is a supervisor of financial risks and internal models at the Bank of Slovenia. Apart from on-site supervision her tasks consist of performing analyses of financial risks in the Slovenian banking system and participating in the SREP. She worked for several years as a risk analyst of the liquidity and interest rate risk at a commercial bank where she also gained experience in financial modeling. She graduated as professor of mathematics from the Faculty of Mathematics and Physics, University of Ljubljana, and currently continues Master’s studies in financial mathematics at the same faculty.

Tomaž Rotovnik, Bank of Slovenia

Tomaž Rotovnik has been working on systemic supervision and regulation at the Bank of Slovenia since 2002. As a policy-maker, he covers many areas: corporate governance, risk management, SREP-ICAAP and other Pillar 2 issues, and operational risk. He is a regular speaker at various events of the Bank Association of Slovenia and other international seminars/workshops.

Tomaž is a member of several European Banking Authority’s working groups, including Internal Governance and Remuneration, Supervisory Disclosure. In the past he has cooperated with the USAID and EBRD on different regulatory consulting projects.

Matej Krumberger, Bank of Slovenia

Matej Krumberger is Director of Banking Supervision Department at Bank of Slovenia. He has been with working for Bank of Slovenia for 25 years, all time working on supervisory issues. Since 2009 he is Director of Banking Supervision Department. During his long lasting banking supervision career he participated in many international supervision bodies, starting as Slovenian member of Groupe the Contact in 2004. Currently he has been Alternate member to the Slovenian Member of the Supervisory Board (ECB Single Supervisory Mechanism (SSM)).

Partners

This learning initiative was supported by: