Conducted On 9th December 2020.
Total RegTech Solutions is pleased to announce the completion of a half-day workshop on the Examination of Risk Models applied in Credit Risk Rating, Basel, IFRS9, ICAAP and IRRBB. This event was organised by FITC, Nigeria in collaboration with the Central Bank of Nigeria. This was attended by esteemed African Central Banking Authorities such as Egypt, Kenya, the Gambia, Angola, Liberia, Zambia, Seychelles, Ghana, Zimbabwe, Malawi, Mozambique, Botswana, Uganda, Sierra Leone, Rwanda, Cape Verde & Guinea.
The session focussed on what to look for in calculations and results provided by Financial Institutions to their Regulator and for the Supervision Staff to quickly understand the proper application of models, their robustness, stability, proper governance, in results, which are prone to errors, improper application, subjectivity & goal seeking. Proper assessment of the results has a bearing on the understanding of the health of individual Institutions and thereon Regulatory Guidance.
