BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//ACB - ECPv6.17.3.1//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-ORIGINAL-URL:https://acb.com.cy/en/
X-WR-CALDESC:Events for ACB
REFRESH-INTERVAL;VALUE=DURATION:PT1H
X-Robots-Tag:noindex
X-PUBLISHED-TTL:PT1H
BEGIN:VTIMEZONE
TZID:Asia/Nicosia
BEGIN:DAYLIGHT
TZOFFSETFROM:+0200
TZOFFSETTO:+0300
TZNAME:EEST
DTSTART:20140330T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0300
TZOFFSETTO:+0200
TZNAME:EET
DTSTART:20141026T010000
END:STANDARD
BEGIN:DAYLIGHT
TZOFFSETFROM:+0200
TZOFFSETTO:+0300
TZNAME:EEST
DTSTART:20150329T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0300
TZOFFSETTO:+0200
TZNAME:EET
DTSTART:20151025T010000
END:STANDARD
BEGIN:DAYLIGHT
TZOFFSETFROM:+0200
TZOFFSETTO:+0300
TZNAME:EEST
DTSTART:20160327T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0300
TZOFFSETTO:+0200
TZNAME:EET
DTSTART:20161030T010000
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;VALUE=DATE:20150529
DTEND;VALUE=DATE:20150530
DTSTAMP:20221124T135626Z
CREATED:20221124T135626Z
LAST-MODIFIED:20221124T135626Z
UID:2984-1432857600-1432943999@acb.com.cy
SUMMARY:«Managing Operational Risk – Improving Performance. A practical approach»\, Seminar\, 28 & 29 May 2015
DESCRIPTION:8 May 2015 \n1) Human Resource Departments\n2) Risk Managers\n3) Organisation & Methods Committee\n4) Retail Committee\n5) Internal Audit Committee\n6) Compliance Managers \nDear Sirs / Madams\, \nRe: «Managing Operational Risk – Improving Performance. A practical approach»\nSeminar\, 28 & 29 May 2015 \nThe Association of Cyprus Banks is organising a two-day seminar on the subject of «Managing Operational Risk – Improving Performance. A practical approach seminar». The seminar will be held in Nicosia\, Thursday 28th and Friday 29th of May 2015 at the Association of Cyprus Banks premises (Demetriou Karatasou 15 Street\, Strovolos)\, 08:00 – 14:30. \nCourse Description \nThis seminar facilitates the understanding of the Operational Risk (OpRisk) that financial institutions are facing and how its strong management affects performance. Operational Risk is the risk of loss resulting from inadequate or failed internal processes\, people and systems or from external events. Examples: Wrong execution of a transaction\, inadequate internal procedures\, a system interruption or failure\, subprime crisis\, failed trades. \nAll banking operations\, whether back-office\, middle-office or front-office\, are based on business processes that entail operational risk. \nA strong management of Operational Risk improves performance of the financial institution’s business. \nThe purpose of this seminar is to provide participants with social interaction\, solid instruction and a simulating environment that will allow them to observe and understand the entire ambit of\nOperational Risk Management\, through small workshops. Financial products\, services\, processes\, activities and mechanisms have grown in complexity and have therefore the potential to generate loss. There is\, therefore\, a need to train bank staff to enable them identify and manage Operational Risk. \nCourse objectives \nBy the end of this course participants will: \n\nUnderstand how a strong management of Operational Risk improves performance\nHave an understanding of the principles for the management of Operational Risk\nLearn and be able to apply the stages and procedures for the identification and management of\n\nOperational Risk \n\nUnderstand the importance of process management\nUnderstand the aim of Operational Risk framework: Identify\, assess\, control and mitigate operational risk and to champion effective reporting of risk and emerging risk issues.\nLearn how to effect the process of RCSA (Risk Control Self-Assessment)\nUnderstand how the process of RCSA forms an integral element of overall Operational Risk framework\nLearn how the process of RCSA integrates and co-ordinates risk identification and risk management efforts.\nLearn how Operational Risks and the effectiveness of Controls are assessed and examined.\nLearn how reasonable assurance can be obtained that all business objectives will be met.\nUnderstand the role of Operational Risk management.\nUnderstand how competences in Operational Risk management are developed.\nLearn the process for reporting\, escalating and communicating risk issues to key stakeholders.\nLearn the benefits of establishing a strong framework for the management of Operational Risk.\n\nWho should attend?\nThe seminar is addressed to:\nStaff members and Officers of:\n– Risk Management Department\n– Retail Department\n– Organisation & Methods Department\n– IT Department\n– IS Department\n– Compliance\n– Internal Audit \nThe seminar is also suitable for staff members from the departments of Legal Services\, Legal Documentation\, Implementation of facilities\, Debt recoveries\, Commercial and Corporate banking. \nInstructor\nMr. Georgios Loizou – Consultant\, Risk and Banking Operations \nThe language of instruction is English. The participation fee is €97\,50 (including VAT).\nParticipation fee: €250 plus 19% VAT\nHRDA subsidy per person:\n€200 – Small & Medium Enterprises (SMEs) and Large Enterprises\nTotal cost per person:\n€97\,50 (including VAT) \nIf you are interested to participate kindly complete and return to the Association by e-mail (m.varnava@acb.com.cy) or by fax (22665135) to Ms. Maria Varnava as soon as possible and by the latest Monday\, 18 May 2015.\nIf the number of participants is less than 10\, the seminar will not take place. \nPlease note that in case of cancellation or non-attendance of the participant\, the fee must be paid. \nYours sincerely\,\nMaria Varnava\nTraining Advisor\nFor Director General \nEnclosures (2)\nc.c. Liaison Officers \nΔείτε εδώ το «Managing Operational Risk – Improving Performance. A practical approach»\, Seminar\, 28 & 29 May 2015
URL:https://acb.com.cy/en/event/managing-operational-risk-improving-performance-a-practical-approach-seminar-28-29-may-2015-2/
CATEGORIES:Training Programs
END:VEVENT
END:VCALENDAR