DOCSLIB.ORG

Financial Risk & Regulation Summit

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Financial Risk & Regulation Summit 7TH ANNUAL EARLY BIRD £1,399* register by RISK EMEA 2018 13 April FINANCIAL RISK & REGULATION SUMMIT TOPICS TO BE ADDRESSED IN 2018 24-25 APRIL | CITY OF LONDON KEYNOTE SESSIONS Regulation and Fragmentation | Liquidity | Geopolitical climate and Brexit NEW FOR 2018: INNOVATION IN RISK MANAGEMENT Blockchain & Cryptocurrencies | AI/Machine Learning | Strategic business models | FinTech | Cyber defenses | Payments landscape STRATEGIC BALANCE SHEET MANAGEMENT Regulation | Recovery and Resolution | TLAC and MREL | IFRS 9 | Capital | TRIM | Stress testing | Ring fencing HEAR FROM MORE THAN 60 CROs & HEADS OF RISK INCLUDING: CREDIT RISK VICTORIA SAPORTA MARC MEYER IAN ROBERTS EBBE NEGENMAN ANDREW EDWARDS Interest Rates | Financial crime | Counterparty credit risk Executive Director, Prudential Policy Chief Operations Officer Chief Credit Officer CRO CRO, Commercial Banking | Corporate loan market | Brexit | IRRBB | LGD | IFRS 9 Bank of England HSBC RBS Aegon Bank Lloyds Banking Group | IRB model | SA-CCR | CCPs MICHAEL SPITZ JEFF SIMMONS ED JENKINS JON HUGHES SUE KEAN CEO, Co Head of MD, Head of ERM Global Head of Wholesale Credit & Managing Director Chief Risk Officer PRE EVENT MASTERCLASS – APRIL 23 Blockchain/ DLT Lab Bank of Tokyo Market Risk Goldman Sachs Old Mutual Main Incubator GmbH, Mitsubishi UFJ HSBC Blockchain Bootcamp: Application in the Commerzbank Group financial industry SIMON GADD PHILIP BEST JAMES COULSON RORY CONWA ADRIAN BURBANKS Group CRO Wealth CRO Chief Compliance Officer Chief Compliance Officer EMEA Deputy Chief Executive Officer Legal & General Barclays Wealth and EMEA and UK MetLife Agricultural Bank of China (UK) Ltd Led by Citi, Commerzbank, ING and Barclays Credit Suisse Investment Management CPD Accreditation: Knowledge Partner: Co-sponsors: Associated Sponsors: 1 #RiskEMEA www.risk-emea.com | [email protected] | +44 (0) 20 7164 6582 7TH ANNUAL RISK EMEA: RISK & REGULATION | 24-25 APRIL 2018 | LONDON WHAT’S NEW FOR 2018: NEW AND IMPROVED - 3 STREAMS ACROSS 2 DAYS! KEYNOTE & PLENARY SESSIONS NEW CRO LINE UP AND KEYNOTE SESSIONS! • C-Suite professionals from Legal & General, HSBC and Agricultural Bank of China • C-Suite line up from Barclays Wealth and Investment management, Aegon Bank, (UK) Ltd discuss geopolitical risks including Brexit and Credit Suisse on the impact of regulation and fragmentation • Keynote address from the CRO of UBS on liquidity risk management • Keynote address from the CRO, Commercial Banking at Lloyds Banking Group – topic to be announced! INNOVATION IN RISK MANAGEMENT STRATEGIC BALANCE SHEET MANAGEMENT CREDIT RISK • New DeDicateD stream focuseD on innovation across • New DeDicateD stream Discussing a broaD range of • CreDit risk stream returns for 2018 with an upDated the inDustry anD the future of risk management across strategic balance sheet management challenges on the senior speaker line up two Days. horizon, running across both days • Key topics include: IRRBB, IFRS 9, IRB models, Brexit, • Join a senior line up to review technological aDvances • Hear from Heads of Departments and industry experts SA-CCR and much more across the inDustry incluDing those from HSBC, RBS, CreDit Suisse, • Hear from creDit risk experts from; LloyDs Banking UniCredit, BNP Paribas, Mizuho International and more. • Presentations anD panel Discussions assessing Group, Deutsche Bank, Bank of America Merrill Lynch, innovation in risk management incluDing; New entrants • Key topics incluDe: Regulatory requirements, TLAC and Erste Bank, BNY Mellon, Bank of IrelanD anD many to the market, strategic business moDels, cyber security MREL, recovery and resolution planning, NSFR, TRIM, more defences, FinTech, blockchain, AI and cloud stress testing and more. NEW FOR 2018: PRE-EVENT MASTERCLASS APRIL 23 BLOCKCHAIN BOOTCAMP: APPLICATION IN THE FINANCIAL INDUSTRY 2018 features a new Blockchain Bootcamp to deliver an introduction and practical case studies from industry thought leaders on the leading topic in innovation. Ruth Wandhofer, MD, Global Head of Regulatory and Market Strategy at Citi is joined by; CEO, Co-Head of Blockchain/DLT Lab, Main Incubator GmbH, Commerzbank, Head of Wholesale Banking, Blockchain, ING and Investment Bank CTO Office, Barclays. Over the course of time, the industry is likely to be transformed as a consequence of putting this foundational technology into production. The one day course supports and further expands upon critical elements of the future of cryptocurrencies and their impact on the industry as discussed in the main Risk EMEA agenda. 2 #RiskEMEA www.risk-emea.com | [email protected] | +44 (0) 20 7164 6582 2 7TH ANNUAL RISK EMEA: RISK & REGULATION | 24-25 APRIL 2018 | LONDON KEY SPEAKER FACULTY Philip Best Rory Conway Simon Gadd Jon Hughes Maciej Lewandowski Victoria Saporta Chief Risk Officer Chief Compliance Officer, Group Chief Risk Officer Managing Director Head of Section & Executive Director, Barclays Wealth and EMEA Legal & General Goldman Sachs Joint Supervisory Team Prudential Policy Bank of Investment Management MetLife Coordinator Simon GaDD was Jon is an experienced England Philip has workeD in the appointeD CRO of L&G Operational Risk professional European Central Bank Vicky Saporta is Executive financial markets since 1985 Rory Conway is the Chief Compliance Group in January 2013. As Group CRO with a DemonstrateD history Maciej Lewandowski has 20+ Director of PruDential Policy Directorate at the anD has helD a number of positions in risk Officer for MetLife’s EMEA operations. Rory he heaDs risk oversight for all risk types of working in the financial services industry. years of experience ranging from financial Bank of England. Vicky has held a number of management. Prior to joining Barclays he assumeD this role in January 2016 anD also within L&G risk framework. Simon has led Skilled in Risk Management, Banking, control, creDit risk management to corporate positions in prudential policy, financial stability was CRO for Columbia ThreaDneeDle. Philip serves as Chief Compliance Officer for the several Different businesses within the Pension Schemes, HeDge FunDs, and banking, derivatives and fixed income. anD monetary analysis in a career spanning published one of the first books on VAR: MetLife European Union HolDing Company. Legal & General group, incluDing the Retail Investment Banking. Currently (since June 2014) he is working 20 years at the Bank of England. Vicky was Prior to his current role in EMEA, Rory was Implementing Value at Risk, Wiley, 1998. Protection business, Group Protection Jon will be Delivering a presentation on in ECB Banking Supervision (aka Single at the heart of the macro pruDential and HeaD of Compliance for Metlife Western & business anD as MD of Annuities from 2006 Supervision Mechanism – SSM) as Head micro pruDential policy reforms unDertaken Philip will be participating on a keynote a quantative approach to operational risk Central Europe. - 2012. of Section & Joint Supervisory Team (JST) by the Bank after the global financial panel Discussion on the cumulative impact management CoorDinator, responsible for consoliDated crisis. Vicky has represented the Bank on of regulation anD managing regional Rory will be Delivering a presentation on Simon will be giving insights on the keynote Ed Jenkins supervision of one of the largest Dutch numerous international committees Dealing fragmentation. increasing Data requirements to support panel Discussion on the geopolitical climate Global Head of Wholesale banks. with central banking anD regulatory issues. technology innovation and regulatory and impacts post Brexit. Credit and Market Risk Vicky is currently Chair of the Executive initiatives. Maciej will be joining panel Discussions HSBC Committee of the International Association future of banking with increaseD innovation Richard Blackburn of Insurance Supervisors. Vicky holds a Ed Jenkins is the Global anD technological aDvances. Chief Risk Officer, GBM Mariana Gómez de la Villa PhD in Economics, M.Phil in Finance from HeaD of Wholesale CreDit anD Market Risk HSBC James Coulson Head of Wholesale the University of CambriDge anD a B.Sc in Chief Compliance Officer, HSBC having previously been the CRO Ebbe Negenman Banking Blockchain ING Mathematical Economics anD Econometrics RicharD Blackburn re-joined EMEA of Global Banking anD Markets (GB&M). Chief Risk Officer, from the LonDon School of Economics. She HSBC as Chief Risk Officer, and UK Mariana Gomez de la Villa He joined HSBC in 2008 as the Chief Aegon Bank Global Banking & Markets (1979, Mexican nationality) has publisheD a number of articles in books, Credit Suisse Accounting Officer of GB&M. Dr. Ebbe Negenman is a in February 2016 from GE Capital where he has joineD ING in 2015 anD is currently the professional journals anD Bank of England member of the executive haD been International Treasurer covering James Coulson joineD CreDit Suisse as Chief global heaD of ING’s Blockchain program, ED will be Discussing climate change publications. boarD anD CRO of Aegon Bank in The Europe, Asia-Pacific and the Middle-East. Compliance Officer UK & EMEA in March with overall responsibility for Driving exposure to creDit portfolios anD the FSB 2015 anD is now the Chief Compliance taskforce mandate. Hague (The NetherlanDs). He is responsible Jeff Simmons research, Development anD Deployment MD, Head of Enterprise RicharD will be joining the keynote panel Officer for Credit Suisse International and for the risk anD compliancy functions of the of DistributeD LeDger Technology as well Nasreen Kasenally
Load more

Recommended publications
  • Brewin Dolphin Select Managers Fund
    MI Brewin Dolphin Select Managers Fund Annual Report 28 February 2019 MI Brewin Dolphin Select Managers Fund Contents Page Directory* . 1 Statement of the Authorised Corporate Director’s Responsibilities . 2 Certification of the Annual Report by the Authorised Corporate Director . 2 Statement of the Depositary’s Responsibilities . 3 Independent Auditor’s Report to the Shareholders . 4 MI Select Managers Bond Fund Investment Objective and Policy* . 6 Investment Adviser's Report* . 6 Portfolio Statement* . 8 Comparative Table* . 24 Statement of Total Return . 26 Statement of Change in Net Assets Attributable to Shareholders . 26 Balance Sheet . 27 Notes to the Financial Statements . 28 Distribution Table . 40 MI Select Managers North American Equity Fund Investment Objective and Policy* . 41 Investment Adviser's Report* . 41 Portfolio Statement* . 43 Comparative Tables* . 49 Statement of Total Return . 51 Statement of Change in Net Assets Attributable to Shareholders . 51 Balance Sheet . 52 Notes to the Financial Statements . 53 Distribution Tables . 60 MI Select Managers UK Equity Fund Investment Objective and Policy* . 61 Investment Adviser's Report* . 61 Portfolio Statement* . 63 Comparative Tables* . 72 Statement of Total Return . 74 Statement of Change in Net Assets Attributable to Shareholders . 74 Balance Sheet . 75 Notes to the Financial Statements . 76 Distribution Tables . 83 MI Select Managers UK Equity Income Fund Investment Objective and Policy* . 84 Investment Adviser's Report* . 84 Portfolio Statement* . 86 Comparative Tables* . 92 Statement of Total Return . 94 Statement of Change in Net Assets Attributable to Shareholders . 94 Balance Sheet . 95 Notes to the Financial Statements . 96 Distribution Tables . 103 General Information* . 104 *These collectively comprise the Authorised Corporate Director’s Report.
    [Show full text]
  • The Charles Schwab Corporation (Exact Name of Registrant As Specified in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 22, 2019 The Charles Schwab Corporation (Exact name of registrant as specified in its charter) Commission File Number: 1-9700 Delaware 94-3025021 (State or other jurisdiction (I.R.S. Employer of incorporation) Identification No.) 211 Main Street, San Francisco, CA 94105 (Address of principal executive offices, including zip code) (415) 667-7000 (Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock – $.01 par value per share SCHW New York Stock Exchange Depositary Shares, each representing a 1/40th ownership interest in a share of 6.00% Non-Cumulative Preferred Stock, Series C SCHW PrC New York Stock Exchange Depositary Shares, each representing a 1/40th ownership interest in a share of 5.95% Non-Cumulative Preferred Stock, Series D SCHW PrD New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
    [Show full text]
  • Brookfield Asset Management 2017 Year End Conference Call & Webcast Thursday, February 15, 2018 – 11:00 AM ET
    Brookfield Asset Management 2017 Year End Conference Call & Webcast Thursday, February 15, 2018 – 11:00 AM ET CORPORATE PARTICIPANTS Suzanne Fleming Managing Partner, Branding & Communications Brian Lawson Chief Financial Officer Bruce Flatt Chief Executive Officer CONFERENCE CALL PARTICIPANTS Cherilyn Radbourne TD Securities Ann Dai KBW Mario Saric Scotiabank Andrew Kuske Credit Suisse PRESENTATION Operator Thank you for standing by. This is the conference operator. Welcome to the Brookfield Asset Management 2017 Year End Conference Call and Webcast. As a reminder, all participants are in listen-only mode and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. To join the question queue, you may press star then one on your telephone keypad. Should you need assistance during the conference call you may signal an operator by pressing star and zero. I would like to turn the conference call over to Suzanne Fleming, Managing Partner, Branding and Communications. Please go ahead, Ms. Fleming. Suzanne Fleming, Managing Partner, Branding & Communications Thank you, operator, and good morning. Welcome to Brookfield’s 2017 year-end conference call. On the call today are Bruce Flatt, our Chief Executive Officer, and Brian Lawson, our Chief Financial Officer. Brian will start off by discussing the highlights of our financial and operating results for the quarter and the year and Bruce will then give a business update. After our formal comments we’ll turn the call over to the operator and take your questions. In order to accommodate all those who would like to ask questions, we ask that you refrain from asking multiple questions at one time in order to provide an opportunity for others in the queue.
    [Show full text]
  • Research Institute
    June 2021 Research Institute Global wealth report 2021 Thought leadership from Credit Suisse and the world’s foremost experts Introduction Now in its twelfth year, I am proud to present to you the 2021 edition of the Credit Suisse Global Wealth Report. This report delivers a comprehensive analysis on available global household wealth, underpinned by unique insights from leading academics in the field, Anthony Shorrocks and James Davies. This year’s edition digs deeper into the impact of the COVID-19 pandemic and the response of policymakers on global wealth and its distribution. Mindful of the important wealth differences that have built over the last year, our report also offers perspectives and, indeed, encouraging prospects, for wealth accumulation throughout the global wealth pyramid as we look to a world beyond the pandemic. I hope you find the insights of this edition of the Global Wealth Report to be of particular value in what remain unprecedented times. António Horta-Osório Chairman of the Board of Directors Credit Suisse Group AG 2 02 Editorial 05 Global wealth levels 2020 17 Global wealth distribution 2020 27 Wealth outlook for 2020–25 35 Country experiences 36 Canada and the United States 38 China and India 40 France and the United Kingdom 42 Germany, Austria and Switzerland 44 Denmark, Finland, Norway and Sweden 46 Japan, Korea, Singapore and Taiwan (Chinese Taipei) 48 Australia and New Zealand 50 Nigeria and South Africa 52 Brazil, Chile and Mexico 54 Greece, Italy and Spain 56 About the authors 57 General disclaimer / important
    [Show full text]
  • Direct Testimony of Joseph S. Fichera, Chief Executive Officer
    Fichera Testimony Exhibit 3-C Direct Testimony of Joseph S. Fichera, Chief Executive Officer Saber Partners, LLC Proprietary Page 1 of 28 Saber Partners, LLC 2018 Fichera Testimony Exhibit 3-C 1 DIRECT TESTIMONY OF JOSEPH S. FICHERA, CPUC R.17-06-026 2 Q. Please state your name and business address. 3 A. Joseph S. Fichera, Saber Partners, LLC, 44 Wall Street, New York, New York 10005 4 Q. By whom are you employed and what is your position? 5 A. I am a member of Saber Partners, LLC and serve as its Chief Executive Officer. I am also 6 Senior Advisor to The Williams Capital Group. L.P. 7 Q. Please describe your duties and responsibilities at Saber Partners. 8 A. I manage the organization and execute assignments for clients by providing confidential, 9 independent, senior level analysis, advice, and execution for Chief Executive Officers, Regulators, 10 Elected Officials, Chief Financial Officers, Treasurers, and others. 11 Q. Please describe your educational background and professional experience. 12 A. I have a bachelor’s degree in Public Affairs from Princeton University’s Woodrow Wilson 13 School of Public and International Affairs. I also have a master’s degree in Business Administration 14 from Yale University’s School of Management. In 1995-1996, I was an executive fellow in residence 15 at the Woodrow Wilson School of Public and International Affairs at Princeton. 16 I have worked in the fields of finance and investment banking since 1982. I began as an 17 Associate in the Public Finance Department of Dean Witter Reynolds 1982-1984 (now a part of 18 Morgan Stanley).
    [Show full text]
  • BARCLAYS COVERS:Layout 1 6/3/09 02:20 Page 1
    BARCLAYS COVERS:Layout 1 6/3/09 02:20 Page 1 barclays.com/annualreport08 Annual Report 2008 Report Cover: Produced using 50% recycled fibre and pulp bleached using Elemental Chlorine Free (ECF) process. Report Text: Produced from 100% post consumer waste. Both mills are certified to the ISO14001 environmental management standard. Barclays PLC Annual Report 2008 We thank our customers and clients for the business they directed to Barclays in 2008. High levels of activity on their behalf have enabled us to report substantial profit generation in difficult conditions. “Our priorities in 2008 were (and remain): to stay close to customers and clients; to manage our risks; and to progress strategy. John Varley ”Group Chief Executive © Barclays Bank PLC 2009 www.barclays.com/annualreport08 Registered office: 1 Churchill Place, London E14 5HP 51° 30' 36"N Registered in England. Registered No: 48839 London, UK 12pm GMT 9910115 BARCLAYS COVERS:Layout 1 6/3/09 02:20 Page 2 Contents Forward-looking statements Business review 3 This document contains certain forward-looking statements Barclays today 4 within the meaning of Section 21E of the US Securities Exchange Act of 1934, as amended, and Section 27A of the US Securities Key performance indicators 6 Act of 1933, as amended, with respect to certain of the Group’s plans and its current goals and expectations relating to its future Group Chairman’s statement 10 financial condition and performance. Barclays cautions readers that no forward-looking statement is a guarantee of future Group Chief Executive’s review 12 performance and that actual results could differ materially from those contained in the forward-looking statements.
    [Show full text]
  • Barclays Bank PLC Schedule 1: Best Execution – How We Execute and Arrange Transactions for You
    Best Execution How we execute and arrange transactions for you Barclays Bank PLC Schedule 1: Best Execution – How we Execute and Arrange transactions for you Introduction Barclays Executes and Arranges orders in various asset classes depending on the products and services we are providing to you. Asset classes include equities, debt instruments, collective investment schemes, derivative instruments and foreign exchange. In carrying out this activity we will Execute orders directly with a trading venue (such as a Regulated Market, Multilateral Trading Facility or Organised Trading Facility) or with counterparties that are systematic internalisers or market makers. We may also Arrange transactions for you by transmitting orders to counterparties to Execute. Before we complete any transactions in investments for you, it is important that you understand how we will Execute or Arrange such transactions. The information contained in this policy is a summary of our best execution policies and is designed to provide you with a general understanding of our typical dealing arrangements for different asset classes (Part 3) and the execution venues and other counterparties (such as investment firms) to which we transmit orders (Part 4). Please note that this information should not be seen as a prescriptive statement of how a particular order must be dealt with. Best execution is the requirement to take all sufficient steps to obtain, the best possible result for you taking into account various execution factors relevant to the order. It applies both when we Execute orders and Arrange transactions for you. Part 1 – When we apply best execution to your investment transactions We will apply our best execution standards to all of your orders.
    [Show full text]
  • Corporate Governance in the Global Economy: the Changing Role of Directors
    Corporate Governance in SESSION REPORT the Global Economy: The Changing Role of 550 Directors SALZBURG GLOBAL FORUM ON CORPORATE GOVERNANCE Salzburg Global Seminar is grateful to the following organizations for their generous support of this session: Partners: Bank of New York Mellon, Goldman Sachs and Shearman & Sterling LLP Sponsors: Barclays, LIXIL Corp., Mars, Inc., Potter Anderson Corroon LLP, the State of Delaware, and Warburg Pincus LLC Additional support: University of Pennsylvania Salzburg Global Seminar would like to thank all participants for donating their time and expertise to this session. Session 550 Salzburg, October 1 to 3, 2015 Corporate Governance in Report Author: Victor T. Nilsson the Global Economy: Contributors: John J. Cannon III Charles E. Ehrlich The Changing Role of Jodie A. Kirshner Simon Lorne Robert Mundheim Directors Clare Shine Ingvild A. Sørensen Siobhan C. Sweeney Cristina Ungureanu Photos: Ela Grieshaber Editor: Louise Hallman 03 Session 550 | Corporate Governance in the Global Economy: The Changing Role of Directors Table of Contents 05 Foreword by Clare Shine 07 Overview 09 Session Report by Victor T. Nilsson 09 The Purpose of the Corporation 12 FELLOw’S InsigHT by Ingvild A. Sørensen Directors as Change Agents for the Corporation of the 21st Century 13 The Composition and Role of the Board 17 FELLOw’S InsigHT by Siobhan C. Sweeney Rethinking “Independent Directors” 19 The Skills and Leadership Style of Effective Directors 23 FELLOw’S InsigHT by Cristina Ungureanu Re-making the Board 25 Internal and External Controls on Corporate Activity 31 The Role of Shareholders and Other Stakeholders of the Corporation 34 FELLOw’S InsigHT by Jodie A.
    [Show full text]
  • Calpers Board Education Program Risk and Compliance
    CalPERS Board Education Program Risk and Compliance Bob Yetman University of California, Davis Outline • Setting the Stage – The Risk Management Process – Integrated Model: Three Lines of Defense – Board Oversight • Enterprise Risk Management – Strategy and Risk – Risk Models – Assessment • Compliance – Integrated Culture – Compliance Governance – Assessment 2 Setting the Stage: The Risk Management Process Setting the Stage: Board Oversight of the Risk Management Process • Boards are responsible for overseeing the processes and controls that reduce residual risk to acceptable levels • Discussion: What is residual risk? • Management is responsible for designing, implementing, and testing those systems • Part of a Board’s responsibility is to come to an understanding of whether Management’s risk processes and controls are satisfactory and sufficient 4 Risk Management • Risk can be thought of as the product of two dimensions: – The probability of a loss (likelihood) – The cost of a loss • A loss can be thought of as reductions in assets or increases in liabilities • Not all losses are financial • Discussion: Discuss some important risks for CalPERS – What is the probability? – What is the potential cost (financial and non-financial)? 5 The Three Lines of Defense 1: Operational – Day to day management and staff operations – Everyone plays a role, everyone owns a piece of internal control, not just the auditors 2: Risk Management and Compliance – Internal risk management structure and efforts (enterprise system) 3: Audit and Assurance – Internal
    [Show full text]
  • Barclays Bespoke Disclosure Commodity Futures Trading Commission Rule 1.55(K)
    BARCLAYS BESPOKE DISCLOSURE COMMODITY FUTURES TRADING COMMISSION RULE 1.55(K) Barclays Bespoke Disclosure – v2.0 February 2021 COMMODITY FUTURES TRADING COMMISSION RULE 1.55(K): FCM-SPECIFIC DISCLOSURE DOCUMENT The Commodity Futures Trading Commission (Commission) requires each futures commission merchant (FCM), including Barclays Capital Inc. (BCI), to provide the following information to a customer prior to the time the customer first enters into an account agreement with the FCM or deposits money or securities (funds) with the FCM. Except as otherwise noted below, the information set out is as of December 31, 2019. BCI will update this information annually and as necessary to take account of any material change to its business operations, financial condition or other factors that BCI believes may be material to a customer’s decision to do business with BCI. Nonetheless, BCI’s business activities and financial data are not static and will change in non-material ways frequently throughout any 12-month period. NOTE: BCI is a subsidiary of Barclays Group US Inc. (BGUS), which is a subsidiary of Barclays US LLC (IHC LLC). The IHC LLC is an indirect parent entity of BCI and is a wholly-owned subsidiary of Barclays Bank, PLC (BBPLC and together with its subsidiaries Barclays or the Group). BCI’s FCM business forms part of the Investment Banking division of Barclays Group (together with Barclays). Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth management. Information that may be material with respect to BCI for purposes of the Commission’s disclosure requirements may not be material to BGUS, IHC LLC or BBPLC for purposes of applicable securities laws.
    [Show full text]
  • Risk Committee Charter
    RISK COMMITTEE OF THE BOARD OF DIRECTORS OF THE TORONTO-DOMINION BANK CHARTER ~ ~ Supervising the Management of Risk of the Bank ~ ~ Main Responsibilities: • Approving the Enterprise Risk Framework (ERF) and related risk category frameworks and policies that establish the appropriate approval levels for decisions and other measures to manage risk to which the Bank is exposed • Reviewing and recommending the Bank’s Enterprise Risk Appetite Statement for approval by the Board and overseeing the Bank’s major risks as set out in the ERF • Reviewing the Bank’s risk profile and performance against Risk Appetite • Providing a forum for "big-picture" analysis of an enterprise view of risk including considering trends, and current and emerging risks Independence is Key: • the Committee is composed entirely of independent directors • the Committee meets regularly without management present • the Committee has the authority to engage independent advisors, paid for by the Bank, to help it make the best possible decisions on risk management Composition and Independence, Experience and Authority The Committee shall be composed of members of the Board of Directors in such number as is determined by the Board with regard to the by-laws of the Bank, applicable laws, rules and regulations and any other relevant consideration. In this Charter, “Bank” means The Toronto-Dominion Bank on a consolidated basis. No member of the Committee may be an officer or retired officer of the Bank. Every member of the Committee shall be independent of the Bank within the - 2 - meaning of applicable laws, rules and regulations and any other relevant consideration as determined by the Board of Directors, including the Bank’s Director Independence Policy.
    [Show full text]
  • Resolution Plan Public Section July 2014
    Resolution Plan Public Section July 2014 In many instances, the information contained in this US resolution plan is derived from systems used for internal management purposes that were not designed for resolution pplanninglanning and are not subject to Barclays internal controls over financial reporting. Although Barclays believesbelieves the information presented is accurate, this resolution plan necessarily contains certain summaries and data, particularly projections, estimates and other forward-looking statements that may not reflect actual results. © Barclays Bank PLC 20134 Table of Contents 1 Summary of resolution plan ............................................................................................................................................................3 1.1 Introduction ..................................................................................................................................................................................3 1.2 Material entities ...........................................................................................................................................................................6 1.3 Core business lines .....................................................................................................................................................................8 1.4 Summary financial information regarding assets, liabilities, capital and major funding sources ..................... 10 1.5 Derivative and hedging activities ........................................................................................................................................
    [Show full text]