Basel Endgame: Divergent Jurisdictional Timelines and Implementation
Listen to this article The Basel Endgame, a comprehensive reform initiative aimed at strengthening financial resilience in the banking sector, is set to be implemented in key regio
Late Payments and SME Challenges: The UK Government’s Push for Fair Payment Laws
Listen to this article Late payments have long been a critical issue in the UK’s small and medium-sized enterprises (SME) sector, severely impacting business sustainability, cash
Enhancing Credit Risk Management Frameworks for Non-Systemic UK Deposit Takers
Listen to this article Introduction The Bank of England’s Prudential Regulation Authority (PRA) recently published a letter summarizing the findings from an internal audit (I
Scenario Analysis for Climate-related Risks and Opportunities: A Strategic Approach for T3 Consultants
Listen to this article Introduction In today’s rapidly changing climate landscape, businesses face growing uncertainties around climate-related risks and opportunities. T3 Consul
Implementing the 2024 EU Banking Package
Listen to this article Introduction The European Union’s 2024 Banking Package is a crucial step towards integrating the Basel III reforms into EU law, aiming to enhance the stabi
T3 Consultants’ Effective Third-Party Vendor Exit Strategy for Financial Institutions
Listen to this article Introduction In today’s interconnected financial landscape, third-party vendors are integral to the operations of many institutions. However, relying o
CrowdStrike Outage Exposes Gaps in Operational Resilience Amidst DORA Compliance Era
Listen to this article Introduction In the ever-evolving landscape of cybersecurity, resilience isn’t just a buzzword—it’s a necessity. The recent CrowdStrike outage
Implementation Guide for SS1/23 (Model Risk Management)
Listen to this article Introduction The Prudential Regulation Authority (PRA) Supervisory Statement (SS) 1/23 outlines the expectations for model risk management (MRM) in UK-incorp
Basel 3.1 for Small- and Medium-sized Banks with Limited or no Trading Book Exposures
Key Changes impacted: Credit Risk: Standardised Approach (SA) Operational Risk: Standardised Approach (SA) Credit Valuation Adjustment: Alternative Approach (AA-CVA) & the Ba
Basel 3.1 for Large Banks
Please refer to page below for remaining changes applicable to small and medium sized banks CLICK HERE Table 1: Changes in Credit Risk – IRB Approach Aspect Description R
