Management

Introduction to Strategies and Roadmaps

• Objectives  On completion of this tutorial, you will be able to:   Recognize the importance of capital for loss-absorbency purposes and the various components of regulatory capital   Identify the key Basel III requirements related to capital adequacy (Pillar 1), including the permitted approaches to calculating regulatory capital and the minimum capital ratios Tutorial Overview  Since the late 1980s, the Basel Committee on Banking Supervision (BCBS) has sought to strengthen the capital resources of banks. But the global financial crisis demonstrated that the quantity and quality of bank capital required by the Basel II regime was insufficient to absorb the level of losses to which banks were exposed. This tutorial looks in detail at the changes brought about by the Basel III framework in relation to capital adequacy.   

• Prerequisite Knowledge Basel III - An Introduction  

• Tutorial Level: Intermediate 

• Tutorial Duration: 75 minutes

Water management today is faced with new challenges such as climate change or the effects of human activity. Public and private stakeholders who are active in this field must develop new ways to better manage the water cycle "as a whole".

The objective of this MOOC is to develop an understanding of the problems related to water management. Firstly, this course will define a resource and, more specifically, the resource of water. It will look at how water is used and the activities associated with it as well as any potential conflicts. The course will look at water management in detail through the analysis of the different types of rights and obligations associated with, for example, the development of a multi-sectorial regulation system or a watershed management approach.

By the end of this course, our aim is to enable you to:

1) Identify the main issues and strategies linked to water resource management

2) Acquire the key reading material needed to understand the many variables (environmental, institutional and political) which affect water and which, in terms of management, may require adjustment.

A forward contract is a private, customized agreement between two parties to buy or sell an asset at a specified price on a future date. This course provides general information on forward contracts, how thare traded and the accounting theories and procedures to record gains and losses

Futures contracts are standardized contracts that are traded between parties with the agreement to buy and sell an underlying asset for an agreed upon price with delivery and payment due at a future date in time. This course provides general information on futures, how thare traded and the accounting theories and procedures to record gains and losses.

Letters of credit – or documentary credits – have long been used as a method of payment in international trade. In simple terms, a letter of credit (L/C) is a guarantee of payment by the importer's bank to the exporter, if certain terms and conditions stipulated are met. In essence, a L/C substitutes the credit of the bank for that of the buyer for the purpose of facilitating trade. This tutorial describes the basics of letters of credit and how they work. It also outlines their benefits and drawbacks as a trade finance instrument, and describes their risks from the point of view of importers, exporters, and participating banks. 

The Repurchase and Reverse Repurchase Agreements course will help you build a solid understanding of these agreement types by reviewing the terminology used in the investment realm vs. the broker dealer realm, journal entries and examples.

 A swap is an agreement between two counterparties to exchange a series of payments over a specified period of time, based on reference rates (interest rates, currencies, commodities, indices) applied to a notional amount. The most common types of swaps are interest rate swaps (IRS), total return swaps (TR) and credit default swaps (CDS). IRS and TR are both covered in the Swaps course, while CDS is covered in this Default Swaps course.

An overview of wealth management clients' evolving financial preferences and needs.

EY’s 2019 Global Wealth Management Research Report explores how wealth managers can deliver greater value based on their clients’ evolving financial preferences and needs.

This deck provides a timely and relevant overview of kdynamics, emerging themes and potential disruptors in the Wealth Management space. 

Summary:

The wealth management industry is characterized by the transformation of business models to create value for clients, in an environment of ubiquitous disruptive technology.

This deck is intended to serve as a starting point on ktrends in the Wealth Management (WM) sector. Additional information can be obtained from the contacts on the final page of the presentation. 

1. Firms are focusing on strategic changes as clients are considering their existing relationships with firms.

2. There is a growing demand by wealthy clients willing to pay for financial advice, but what thvalue is evolving.

3. Technology is shifting the way firms fundamentally operate and serve clients, with exponential advances.

4. Firms are more accountable than ever before for providing sustainable investing to the "conscious investor".

Furthermore, we are seeing next generational digital technologies are having a marked impact in wealth. 2nd and 3rd generation technology are changing the traditional in-person engagement model. 

While client facing robo-advisors have surged in popularity as affluent clients seek low cost, automated investing. However many are growing unprofitably, with limited brand differentiation.

Alternative investments are those that are not included in the traditional investment classes and typically include investments such as private equity, hedge funds, and real assets. This tutorial looks at the benefits and risks of alternative investments and associated strategies for private wealth clients and describes the main sub-classes in this category.

This tutorial provides an overview of the key loan types and structures used when extending credit to private wealth clients. The tutorial also explores the general lending environment in the private wealth management industry and regulatory and compliance issues associated with such lending. 

This report discusses global opportunities and challenges, examines the drivers of structural change and explores the business model options available to wealth managers wishing to seize the global potential and survive in the business long term. 

After you have read this article / abstract / book, you will need to prepare a written synopsis of what you have read and submit it as part of the evidence of learning to your counsellor.

Identity and Access Management Lunch and Learn Webcast by colleagues in Melbourne.