Expertise Supervisory Board

Programm

• Day 1

  Rights and duties of the supervisory board in financial companies

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  Know the most important tasks from the KWG

  • Discussion of the business and risk strategy
  • Compliance with banking supervisory regulations
  • Minimum requirements for risk management
  • The most important regulatory ratios

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  Liability trap: material risks and risk decisions that deviate from them

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  Self-Assessment Supervisory Board and Executive Board

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  Remuneration systems for managing directors and employees

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  Interface between the commissioner system: New tasks and risks for the supervisory board

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  Model of the three lines of defence: Overview of the commissions

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  When must the supervisory board actively intervene?

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  Information and control duties of compliance officers:

  • MaRisk compliance and WpHG compliance
  • Money Laundering Officer and Fraud Officer
  • Internal Audit and Audit Officer

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  Implementation of BAIT / KAIT / VAIT / ZEIT:

  • Information Security Officer and Data Protection Officer

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  Tasks of the new commissions at a glance:

  • Outsourcing officer and single officer

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  Requirements for minimum content and quality of agent reporting

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  Liability trap: Ad hoc reporting: safe behaviour in the escalation process

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  Audit-proof organisation of the supervisory board’s work

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  Articles of association and supervisory board regulations: Which control obligations must be observed?

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  Establish a multi-year risk-oriented monitoring plan:

  • Information and control obligations from MaRisk
  • Duties from the MiFID Organisational Regulation and the MaComp

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  Ensure the effectiveness of the

  • Risk Management System
  • Money Laundering Prevention System
  • Internal control system
  • Internal audit system

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  Minimum requirements for risk management:

  • What duties of care must the managing director and the supervisory board
    have to fulfil?
  • Essential innovations of MaRisk and the EBA guidelines
  • New tasks for the MaRisk functions

• Day 2

  The annual financial statements as an information tool for the supervisory board

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  • The most important regulations of the RechKredV and the HGB for financial companies.
  • Overview of the balance sheet items
  • Valuation regulations for fixed and current assets

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  Special valuation standard for financial instruments

  • Securities held for trading
  • Securities in the liquidity reserve and
  • Securities held as fixed assets

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  Identify and monitor risks and hidden losses

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  Receivables from customers and the creation of specific valuation allowances

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  Accounting for valuation units

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  Breakdown of equity capital and derivation of risk-bearing capacity

  • Equity capital: Difference between HGB and KWG
  • Hidden and open reserves (§ 340 f HGB and § 340 g HGB)

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  Target capital ratio: Pillar 2 Requirement (P2R) and Pillar 2 Guidance (P2G)

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  Specifically scrutinise sources of income and their changes

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  Overview of income statement items:

  • Analyse expenses and income for financial companies
  • General administrative expenses

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  Valuation of receivables and securities

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  General and special audit duties of the supervisory board

  • Minimum requirements for the layout of the management report
  • To assess the plausibility of the opportunities and risks of future development and correctly assess