EARLY BIRD

ONLYREGISTER BY 9 SEPTEMBER£999

3RD SERIES IFRS 9 IMPAIRMENT & IMPLEMENTATION Reviewing Progress Across the Three Phases as the Industry Moves Towards Parallel Runs and Implementation 20-21 SEPTEMBER, 2016 | THE TOWER HOTEL | LONDON

HIGHLIGHTS INCLUDE HEAR FROM IFRS 9, ACCOUNTING INTERPRETATION OF THE STANDARD & CREDIT RISK PROFESSIONALS Interpreting the standards set and understanding principle based terms INCLUDING: DATA PROCESSES Alan Burke Diana Kapsa Adapting internal IT and data processes to Head of Risk Head of Credit Risk accommodate the data requirements across IFRS 9 Measurement Methodology Santander UBS SECONDARY IMPACTS OF IFRS 9 Reviewing the secondary impacts on other business Guido Sopp Neil Wannop areas of implementation of IFRS 9 requirements Accounting Expert Head of Accounting Development EXPECTED CREDIT LOSS MODEL Austrian Financial A supervisory perspective of the IFRS 9 expected credit Market Authority loss model PROVISION MODELS Claudia Eusebio Vivien Brunel The practical implications of building provision models with Director, Accounting Policy Head of Risk & Capital flexible parameters for determining expected losses & Advisory Group Modelling Societe Generale DISCLOSURE REQUIREMENTS Tackling the disclosure requirements of IFRS 9 Oliver Fiala Wolfgang Reitgruber Head of Group Deputy and FVP in Group FORWARD LOOKING SCENARIOS Credit Risk Credit Risk Modelling Developing multiple forward looking scenarios and implementing a forward looking view of impairment Volksbank S.p.A. to align with economic forecasts Carol Lynch Julian Parkin IFRS 9 & BASEL III Head of Impairment Head of Regulatory & Consistency of IFRS 9 requirements with Basel III Analysis & Reporting, Statutory Portfolio, IFRS 9 & Impairment Unit Finance Change BUSINESS BEHAVIOUR & RUNNING Royal OF THE BUSINESS

Tata and TCS Marks - Stacled with Tagline The effect of IFRS 9 on business behaviour and running Artwork provided. Please do not recreate. For use in 2D applications of the business Tata Consultancy Services Identity Guidelines I Jan 2007

X .5X X

X

2 X

.5X

X

X

X

X

.75X

X

Co-sponsor X

X .5X X

X

2 X

.5X

X

X

X

X

.75X

X X

Date : 31 I 01 I 2007 Title : Tata and TCS Marks - Stacked with Tagline Design Magger : Gargi Sharma Project Co- ordinator : Vishal Jhunjhunwala Colour : Pantone 2427 C Software Formats : CorelDraw 11, Adobe Illustrator CS2

IMPORTANT : COLOURS USED TO CREATE THIS MECHANICAL ARE FOR VISUAL SUGGESTION ONLY. USE PANTONE COLOUR SWATCHES TO MATCH FOR CORRECT COLOURS. EVEN THOUGH THIS MECHANICAL HAS BEEN CHECKED FOR ACCURACY, PLEASE DOUBLE CHECK PRIOR TO RELEASE TO THE VENDOR. IF INSTRUCTIONS ARE FOUND DEFICIENT, Guide-sheet developed by Design Services, Corporate Marketing PLEASE CONTACT corporate.o [email protected] Copyright © 2007 Tata Consultancy Services Limited

#IFRS9 www.cefpro.com/ifrs9 IFRS 9 IMPAIRMENT & IMPLEMENTATION | 20-21 SEPTEMBER, 2016 | LONDON

SPONSORSHIP & EXHIBITION PREFERENTIAL RATE ON ACCOMMODATION Advance your branding, awareness, industry expertise, thought- leadership and lead-generation at IFRS 9 Impairment and Attendees can obtain a preferential Implementation. rate on accommodation at the The Sponsorship and exhibition with the Center for Financial Tower. The rates are £250+vat for Professionals offers unique networking, brand recognition and single occupancy and £260+vat thought- leadership deliverance opportunities with senior risk for double occupancy. The rates professionals from around the world. Whether you want full and rooms are on a first come first branding across the event or simply a well positioned exhibition served basis and the allocation is only stand, our business development team will tailor the right package available until the 23 August. for you. We do everything we can to help you get your marketing message across and also to benchmark the return on your In order to reserve the rooms please 0800 330 8005 (Option 2) or investment. email [email protected] and quote booking Call us on +44 (0) 20 7164 6582 or email reference: CFPE200916 [email protected] to find out more

account and loan management through general ledger to IFRS that can be collected arbitrarily, even individual modules can be introduced. It boosts full scale workflow management both for the front-office and back-office modules. AxiomSL’s enterprise-data management platform delivers data lineage, risk aggregation, workflow automation, validation and audit functionality as well as internal and external reporting capabilities including XBRL. These features provide data and process governance across the entire enterprise and give decision makers the confidence in the automation of complex reporting business logic as well as full control over every step of the process. Moody’s Analytics helps capital markets and risk management professionals worldwide AxiomSL’s platform seamlessly integrates all of the firm’s existing data across the Tata and TCS Marks - Stacled with Tagline respond to an evolvingArtwork provided marketplace. Please do not recreate. with confidence. The company offers unique tools For use in 2D applications enterprise and provides the analytics necessary to meet global regulatory standards, and best practices forTata Consultanc measuringy Services Identity Guidelines I Jan 2007 and managing risk through expertise and experience risk management requirements and internal and external reporting demands. in credit analysis, economic research and financial risk management. By providing The high-performance platform aggregates clients’ data to its lowest level of X leading-edge.5X software, advisoryX services and research, including proprietary analyses X granularity from multiple siloes systems, enriches and validates the data, and then 2 X from Moody’s Investors Service, Moody’s Analytics integrates and customizes its .5X

X runs the data through relevant calculations and populates the reports Analytical X offerings to address specific business challenges. X applications are delivered in the areas of data risk management, capital and liquidity X .75X

X

reporting while addressing evolving regulatory requirements and market dynamics. X

X .5X X

X

2 X

.5X

X

X

X

X

.75X

X X With over four decades of experience in partnering with the world’s leading banks

Date : 31 I 01 I 2007 and financial institutions,Title : Tata and TCS Marks - Stacked with Tagline TCS offers a comprehensive portfolio of domain-focused Design Magger : Gargi Sharma Project Co- ordinator : Vishal Jhunjhunwala Colour : Pantone 2427 C FAS AG is an independent consulting company focused on international reporting, Software Formats : CorelDraw 11, Adobe Illustrator CS2 IMPORTANT : COLOURS USED TO CREATE THIS MECHANICAL ARE FOR VISUAL SUGGESTION ONLY. USE PANTONE COLOUR SWATCHES TO MATCH FOR CORRECT COLOURS. EVEN THOUGH THIS MECHANICAL HAS BEEN CHECKED FOR processes, frameworks,ACCURACY, PLEASE DOUBLE CHECK PRIOR TO RELEASE TO THE VENDOR. IF INSTRUCandTIONS ARE FOUND DEFICIENT, solutions that empower organizations to respond to Guide-sheet developed by Design Services, Corporate Marketing PLEASE CONTACT corporate.o [email protected] Copyright © 2007 Tata Consultancy Services Limited accounting and regulatory issues. Within these topics the FAS Financial Services team market changes quickly, manage customer relationships profitably, and stay ahead of advises banks and financial service companies regarding technical issues as well as the competition. Our offerings combine customizable solution accelerators with expertise related processes. Established in 2000 as a Spin-off from Arthur Andersen, today FAS gained from engaging with global banks, regulatory and development institutions, and supports you as an innovative solution provider and professional alternative to the Big4 diversified and specialty financial institutions. TCS helps leading organizations achieve with over 70 professionals working on projects all around the world. key operational and strategic objectives across retail and corporate banking, capital markets, market infrastructure, cards, risk management, and treasury. TCS has been ranked #1 in the 2015 FinTech Rankings Top 100 of global technology providers to the financial services industry, by both, FinTech Forward (a collaboration of American Banker and BAI) and IDC Financial Insights.

Jaywing will be participating at the IFRS 9 Impairment and Implementation 2016 Summit”

Online Business Technologies is an innovative company in the financial software zeb is Europe’s leading management consultancy in the financial services sector. zebís development industry, whose solutions are used in 14 countries. The company has services include the development of ultra-modern IT solutions, IT strategy consulting business partners of various types: commercial banks, savings co-operatives, leasing and the provision of support to clients during software implementation projects. companies, specialized financial institutes, and also public organizations, who manage zeb.control.accounting is a comprehensive software solution that allows banks to EU funds and state subsidized loans. Its flagship product is MoonSol, a modern, meet the requirements of the international reporting standards (IAS 39 or IFRS 9). To state-of-the-art, modular bank account management system, a graphical, three-tiered this effect, the modular standard software provides banks with intuitive user interfaces software application that is flexibly extensible, boosts 7×24 operations and several for categorization, impairment, hedge accounting and the management of posting innovative technological solutions. It has a set of á la carte modules ranging from approaches.

#IFRS9 www.cefpro.com/ifrs9 IFRS 9 IMPAIRMENT & IMPLEMENTATION | 20-21 SEPTEMBER, 2016 | LONDON

AGENDA 12.30 LUNCH BREAK & NETWORKING

DAY ONE | 20 SEPTEMBER 13:30 IFRS 9 expected credit loss model – a supervisory perspective 08.15 REGISTRATION & COFFEE • Impacts for credit risk management • Main supervisory issues and concerns 08.35 CHAIR’S OPENING REMARKS • Key aspects of the Basel guidance on accounting of expected credit losses PANEL DISCUSSION • Potential effects for regulatory measures 08:45 Interpreting the standards set and understanding Guido Sopp, Accounting Expert, Austrian Financial Market principle based terms Authority • Implementation in practice • Defining terms of principles 14:00 Expected loss model for impairment accounting: Real • Measurement for principles challenges in the journey towards compliance & beyond • Meeting regulatory expectations • IASB’s IFRS 9 Impairment Accounting Approach: Rocky road Claudia Eusebio, Director, Accounting Policy & Advisory ahead! Group, Deutsche Bank • Non-Convergence between IASB and FASB: Adding fuel to fire! Wolfgang Reitgruber, Deputy and FVP in Group Credit Risk • Transition from IAS 39 to IFRS 9: Are banks ready for the first Modelling, UniCredit S.p.A. mile stone? Dooshyant Beekarry, Senior Vice President, Accounting Policy, • IFRS 9 knowledge pool: Slowing down the pace? EMEA Finance, Citigroup • Cross functional alignment: Key to Success! Christian Duesterberg, Head of Risk Methods & Models, • IT Solutioning: Is this an opportunity to overhaul systems? Bank Srinivasan Varadarajan, Global Head – Banking & Financial DOUBLE SESSION Services Practice, Tata Consultancy Services 09.30 Understanding the broader implications of the IFRS 9 classification and measurement approach 14:30 The practical implications of building provision models with flexible parameters for determining expected losses • Stressing asset classifications • Effect on balance sheet • Mapping to new classifications • Differences between Basel & IFRS • Impact on business model • Accounting for staging parameters • SPPI: Fair value criteria & amortised cost • Calculating expected credit loss models Claudia Eusebio, Director, Accounting Policy & Advisory • Parameters in determining PD on lifetime view Group, Deutsche Bank • Local GAAP versus IFRS Stuart Preston, Project Manager, IFRS 9 Classification and Oliver Fiala, Head of Group Credit Risk, Volksbank Measurement, Deutsche Bank 15.00 AFTERNOON REFRESHMENT BREAK & NETWORKING 10.30 MORNING REFRESHMENT BREAK & NETWORKING 15:30 Implementing IFRS9 impairment – key challenges and 11:00 Reviewing the secondary impacts on other business collected impressions areas of implementation of IFRS 9 requirements • Overall process and IT challenges • Integration with other areas: • Staging criteria • BCBS 239; forecasting; stress testing; models and processes • POCI and modifications • Third order impacts: Credit risk management, pricing • Impairment of securities • Capital impact/management • PD profiles for ECL modeling • Impact on business decisions • Key success factors gathered from IFRS 9 implementation projects • Effect on challenger banks Christian Duesterberg, Head of Risk Methods & Models, Erste Lars Meyer, Senior Manager, zeb Group Bank 16:00 Embedding IFRS 9: Developing the impairment 11:30 Adapting internal IT and data processes to operating model end to end • Documenting the ‘As is’ and designing the ‘To be’ accommodate the data requirements across IFRS 9 • Developing effective and efficient governance across business, requirements risk and finance functions. • Organisation of data • Integrating IFRS 9 Impairment Models into the operating model • Extension of data sources • Developing/integrating systems, data and control solutions. • Using data across jurisdictions and formats • Documentation requirements, upskilling and communications. • Provisioning revolving products under IFRS 9 • Compatibility with BCBS 239 data requirements Carol Lynch, Head of Impairment Analysis & Reporting, IFRS 9 & Impairment Unit, Bank of Ireland Kally Dilip, IFRS 9 Programme Manager, Group Finance, Lloyds Banking Group 16:30 Challenges for measuring lifetime PDs on retail portfolios 12:00 Interdependencies between IFRS 9 Impairment and • Review of possible approaches regulatory capital • Setting modeling standards • How does (Live time) ECL effect regulatory capital? • Cure rate modeling • Similarities and differences between regulatory ECL and IFRS 9 ECL Vivien Brunel, Head of Risk & Capital Modelling, Societe Generale • Expected credit loss shortfall and IFRS 9 – a possible scenario? 17.00 CHAIR’S CLOSING REMARKS • Can IFRS 9 ECL improve the regulatory capital ratio? Andreas Huthmann, Member of The Board, FAS AG 17.10 END OF DAY ONE & DRINKS RECEPTION

#IFRS9 www.cefpro.com/ifrs9 IFRS 9 IMPAIRMENT & IMPLEMENTATION | 20-21 SEPTEMBER, 2016 | LONDON AGENDA DAY TWO | 21 SEPTEMBER

08.30 REGISTRATION & COFFEE 13.15 “Just when you thought it was safe to go back into the water…”: The strategic impact of IFRS 9 08.50 CHAIR’S OPENING REMARKS • Complexity, opacity, volatility and incomparability: How does the investor market view IFRS 9? 09.00 Tackling the disclosure requirements of IFRS 9 • Procyclicality: Why do some people think IFRS 9 is not • Building capability and frameworks procyclical? • What disclosures say about business • More LEL, less UL: How does IFRS 9 impact regulatory • Data sets - what they will look like solvency? • Governance • Good business made to look bad: Which businesses will be • Reporting multiple scenarios impacted most by IFRS 9? • Explaining to shareholders, regulators and analysts • Hedge and Churn: What can be done to mitigate the negative Neil Wannop, Head of Accounting Development, Lloyds impacts of IFRS 9? Banking Group Adrian Docherty, Head of Bank Advisory, BNP Paribas

PANEL DISCUSSION DOUBLE SESSION 09.30 Developing multiple forward looking scenarios as 13.45 Effect of IFRS 9 on business behaviour and running of required under IFRS 9 calculations the business • Governance structure to ensure common usage • Early engagement with business • Economic scenarios accuracy • Embedding in business • Comparability across banks of internal scenarios • Management understanding • Capacity to operate under multiple scenarios • Larger data requirements • Distinguishing uncertainty over loss projections • Governance structure • Probability weighting of IFRS 9 scenarios • What businesses IFRS 9 will encourage or penalize • Capital effects Alan Burke, Head of Risk Measurement, Santander • IFRS 9 capital or Basel Vivien Brunel, Head of Risk & Capital Modelling, Societe Generale Julian Parkin, Head of Regulatory and Statuary Portfolio, 10.15 MORNING REFRESHMENT BREAK & NETWORKING Finance Change, Samantha Cunningham, Head of Impairment – IFRS 9 Project, AIB 10.45 Implementing a forward looking view of impairment to align with economic forecasts 14.45 AFTERNOON REFRESHMENT BREAK & NETWORKING • Forward looking parameters • Looking across jurisdictions 15.15 Integrating risk and finance systems to achieve an • Stressing scenario and taking average aligned IFRS 9 process • Opportunity to tweak results - accuracy? • Contrasting existing and IFRS9 compliant provisioning • Fitting regulatory stress tests into an IFRS 9 framework • Comparing Impairment in Risk and Accounting systems • One year PD is lifetime PD • Harmonizing Data Inputs to Risk and Accounting systems • Can you amend existing IRB models • Creating an integration team across risk, finance, treasury and • How non IRB banks approach IFRS 9 business streams • I year and lifetime provisions • Creating a flexible process that can adapt and learn from experience. Diana Kapsa, Head of Credit Methodology Retail, UBS Brandon Davies, Board Director, Obillex Limited, Former Head 11.15 Data governance and end-to-end automation: of Market Risk, Leveraging IFRS 9 technology to benefit the business • The state of data: Granularity, quality, enrichment and CLOSING PANEL DISCUSSION validation 15.45 Reviewing progress as the industry looks towards • Data governance: Data journeys, optimised data lineage, data parallel runs • Additional disclosures by year end visualisation • Producing robust numbers • End-to-end automation: Industrialising the process • Reviewing how long to conduct parallel runs • Leveraging technology to meet IFRS 9 requirements and gain • Impact on financial statements competitive advantage • Market changes Sufyan Khan, Head of Pre Sales EMEA, AxiomSL Diana Kapsa, Head of Credit Methodology Retail, UBS Dooshyant Beekarry, Senior Vice President, Accounting Policy, 11.45 Consistency of IFRS 9 requirements with Basel III EMEA Finance, Citigroup • Challenges in Credit Risk Steering • IFRS 9 and Basel models – convergence or divergence? 16.30 CHAIR’S CLOSING REMARKS & END OF SUMMIT • Introduction of impact risk • Calibration of IFRS 9 impairment • IFRS scenario management – to back test or not? Wolfgang Reitgruber, Deputy and FVP, Group Credit Risk BRING THE TEAM Modelling, UniCredit S.p.A. 50% 3RD ATTENDEE 1 2 OFF GETS 50% OFF 12.15 LUNCH BREAK & NETWORKING when registering at the same time

#IFRS9 www.cefpro.com/ifrs9 REGISTRATION FORM PLEASE REGISTER THE FOLLOWING DELEGATE(S) DELEGATE 1: Miss Ms Mrs Mr Dr Other Name Position Organisation VENUE: Address THE TOWER- A GUOMAN HOTEL, ST KATHARINE’S WAY, LONDON E1W 1LD Country Zip/Postal Code Telephone Fax E-mail REGISTER NOW Signature USING THIS FORM Please complete the relevant fields DELEGATE 2: and select your payment and Name attendance options. When complete, please click Submit. You will receive Position confirmation within 48 hours of your Telephone registration being received. E-mail OTHER METHODS TO REGISTER DELEGATE 3 3RD DELEGATE 50% OFF By telephone: +44 (0) 20 7164 6582 Name Online: www.cefpro.com/ifrs9 Position Email: [email protected] Telephone

E-mail In all cases payment prior to the event is required. Fee includes attendance at sessions, refreshments and course GROUP RATES AVAILABLE FOR 3+ DELEGATES documentation of registered event. 3rd delegate gets 50% OFF when registering from the same company, at the same time. Confirmation: you will receive confirmation and joining instructions from us within two working days of registering. If this is not the case, For further information call: +44 (0) 20 7164 6582 or email: [email protected] please telephone us to ensure we have received your booking. Please note that credit cards will be debited within 7 days of your registration. Payment must be made within two weeks to ensure that SELECT EVENT OPTIONS discounted rate is retained. To ensure access to the event, payment must be made prior to the event. EARLY BIRD STANDARD RATE Register by 9 September Registration Terms & Conditions

after 9 September The conference is being organized by the Center for Financial Professionals Ltd, a limited liability company formed under English company law and registered in the UK no. 7771333. Cancellations received more than one calendar month before the event IFRS9 Impairment and Implementation will be eligible for a refund less 15% administration fee. Cancellations must be made in writing to [email protected]. Regrettably, no refund can be made for cancellations £999* £1499* within a month of the event. If you are unable to attend, may nominate a colleague to take your place at any time at no additional charge. Any additional questions, call us SAVE £500 on (US) +1 888 677 7007 or (UK) +44 (0)20 7164 6582. Center for Financial Professionals at its sole discretion, reserves the right to alter or cancel any presenters, sponsors, exhibitors, agenda or format of the event, including I am unable to attend the 2016 Summit, please send me the course documentation for but not limited to venue and dates. The views and opinions expressed in literature before the event, during discussions and presentations at the event and any post- £499* (All registered delegates will receive documentation) event material, are those of the individuals and/or organizations represented and not ours. Receipt of the booking form, inclusive or exclusive of payment, constitutes formal agreement to attend and acceptance of the terms and conditions stated. Where a DISCOUNT CODE Force Majeure Event has or may have affected our Events’ ability to execute and run the event, then we will be entitled, but not obliged, to provide alternative presenters, * Please note: All registrations rates are subject to UK VAT, currently at 20% facilities, venue, or provide a refund. Any refunds will be subject to 15% administration charge. Force Majeure Event means any event arising that is beyond our reasonable control ncluding (without limitation) to speaker or participant cancellation or withdrawal, supplier or contractor failure, venue damage or cancellation, health PAYMENT OPTIONS scares, industrial dispute, governmental regulations or action, military action, fire, Invoice: Please send me an invoice with wire transfer information. flood, disaster, civil riot, acts of terrorism or war. We would like to keep you informed of other Center for Financial Professionals events, products and services. This will be carried out in accordance with the Credit Card. Please debit my: VISA MASTERCARD AmEx. Data Protection Act. Center for Financial Professionals is not responsible for travel and accommodation of registered delegates and will not accept liability for such or any individual transport delays and in such circumstances the normal cancellation Card No: / / / Expiry Date: / restrictions apply. In all cases payment prior to the event is required. Registration fees include all CVV/Security number: available sessions, refreshments and course documentation. When paying by credit card, we will only charge the total amount for the event registered and cannot be Name of Card Holder held liable for any bank or credit card charges levied locally. Please be aware that Center for Financial Professionals are administered from the UK, including processing Billing Address of payments. Where a visa and invitation letter is requested, payment must be made by wire transfer, cheques and credit card details cannot be accept, before any invitation letter is issued. May we remind overseas delegates that VAT must be paid for all UK-based events. Country Zip/Postal Code No financial information, including credit card details, will be retained by the Center for Financial Professionals other than stated purpose. All financial information will be Signature: disposed of once registration and payment is confirmed. By registering for our events, you agree to the photography, video and social media policy in public forums. If you wish to opt out, please contact us. By completing and submitting this registration form, you confirm that you have read Please click submit to complete. If a draft email window does not open in your and understood the Terms and Conditions and you agree to be bound by them. email client, please forward this completed form to [email protected] The Center for Financial Professionals, Suite 68 The Maltings, Roydon Road, Herts. SG12 8HG. UK