Reply is the place to meet an incredible variety of enthusiastic, passionate, ideas-driven people, who want to make a difference and an impact.Would you like to know more?
The Academy will provide continual training and education for our staff members in our twelve offices in Europe and the United States and is also open to clients.
The first edition of the CRO Insights Journal focused on the growing role of the Risk Function and how CROs' responsibilities have evolved in response to the crisis. We are now delighted to present our second edition which captures the nature of risk in an increasingly complex economic landscape.
This White Paper takes stock of the current state of play of the resolution framework in the Banking Union, a little bit over one year after the entry into application of the Single Resolution Mechanism, and contemplates the associated challenges (as well as opportunities) for banks in that context.
On 27 March the BoE published the scenarios for their fourth annual stress test. Clearly this is not just a routine annual process; the BES and IFRS 9 make this test more operationally challenging. This paper takes a brief look at ways banks can improve the efficiency of their stress tests in the future.
Avantage Reply announces its collaboration with Credo, an experienced player in credit risk since 2001, for 2017 and onwards. Through this partnership, Avantage Reply and Credo will collaborate in offering and assisting institutions with the implementation of an end-to-end solution for IFRS9 phase 2.
The EIOPA issued on 2 December 2016 a discussion paper on “potential harmonisation of recovery and resolution frameworks for insurers”. The aim of this document is to focus on key aspects of the discussion paper on which EIOPA is seeking feedback from insurers.
On 26 April 2017, Avantage Reply hosts a ICAAP/ILAAP roundtable breakfast in Luxembourg.
On 8 March 2017, Avantage Reply hosts a Shadow Banking roundtable breakfast at the Chamber of Commerce in Luxembourg.
In the article, Ram Ananth, Senior Manager at Avantage Reply was interviewed on the interpretation of European rules for hard-to-model risks under new trading book capital rules
This Briefing Note focuses on the business model analysis, highlighting areas that banks should carefully evaluate to address the requirements in a timely fashion, considering all compliance and associated operational issues.
Avantage Reply has been announced as Sponsor for the Master in Insurance & Risk Management at MIB Trieste School of Management, nationally accredited and internationally ranked among the top 10 in the World (Eduniversal Ranking 2016). Along with other sponsors, Avantage Reply will serve the School providing insight and advice as the program develops.
This White Paper shares insights on how Eurozone credit institutions have been dealing with the first two SREP exercises. It also shares our understanding of the ECB’s current and future expectations. Last but not least, the Paper explores the impact of the changes in supervisory practices and how these have affected and will continue to affect credit institutions in the Eurozone.
On 23 November 2016, the European Commission released its proposals to amend the Capital Requirements Regulation (CRR) and the fourth Capital Requirements Directive (CRD 4). This Briefing Note presents an overview of these regulatory developments highlighting areas that banks should carefully evaluate.
Of all the implementation challenges posed by FRTB, data is perhaps the most daunting, given the complexity of the regulation. To help develop industry standards, ISDA has launched the FRTB Data Standards project. This initiative is aimed at reaching a common industry consensus on the interpretation of risk-factor modellability rules under the FRTB, and a shared set of business requirements to support risk-factor assessment and data capture.
The Bank of England has published the results of their annual concurrent stress test confirming that, in aggregate, the UK banking system is sufficiently capitalised to withstand a severe stress. However the regulator has been clear: there is more work to do for banks to have a sufficiently robust stress testing process. In this briefing, Avantage Reply provides its analysis and its perspectives on how banks can up their stress testing game.
On 26th January 2017, Avantage Reply is hosting its first RAF, ICAAP, ILAAP & SREP roundtable in Paris. After a presentation, the attendees will have the opportunity to hear the feedback from a German significant institution on Governance & Risk Management Assessment.
The second consultative document for revisions to the Standardised Approach for Credit Risk was published in December 2015. It proposed significant revisions to the current credit risk capital framework and the first consultative document published in December 2014.
Availability of sufficiently granular and reliable data is a major priority of the Single Supervisory Mechanism (‘SSM’). To this end, the ECB is demanding additional and more granular reporting from banks under its supervisory remit by introducing its new reporting requirement: the Analytical Credit Dataset – also known as AnaCredit.
Barely a year after the entry into force of the Fourth Directive, the European Commission published on July 5, 2016 a fifth Directive proposal to strengthen the rules on transparency with regard to beneficial owners of companies and trusts to prevent tax evasion and money laundering.
There are differences between countries in the riskiness of life. Cultures also differ in their perceptions of and preferences for risk.
Scott Warner, Senior Manager at Avantage Reply discuss the topic in the Intelligent Risk Magazine.
On Wednesday 23 November 2016, Avantage Reply hosts its second Annual Risk & Regulatory Symposium. The event takes place at Crown Plaza in London.