Bank Risk Governance and Regulation
This course provides characteristics of global financial markets, explores the impact of global players and reasons for increasing volatility. It gives examples of financial market crises and their reasons. The course describes the major risk governance institutions, the Basel III framework and its implementation in Europe and the USA. We will discuss the three pillars of the emerging European Banking Union: Single Rule Book, Single Supervisory Mechanism and Single Resolution Mechanism and the strengthened focus on macroprudential risk management. Within the corporate governance part, the four risk governance goals, the legal responsibilities of bank managers (Compliance Risk, Business Judgment Rule), and why Risk Committees could fail will be explained.
The course will provide practical recommendations for Risk Committee meetings and will end with a role-playing game based on a bank takeover case study.
Upon completion of this course, you will be able to understand:
- The special requirements and characteristics of financial institutions
- The nature of financial crisis
- The essentials of good and modern bank regulation, supervision and risk governance
- The goals and the concept of the European Banking Union
- The tools for micro- vs. macroprudential Risk Management
- How to organize good risk management and governance in financial institutions
- Rules for risk transparency
- That management decisions have to fulfill the Business Judgment Rule
- How to prepare and manage the communication process for crucial and risky decisions
- Bank regulation and supervision
- Risk Governance: modelling vs. expert knowledge, weaknesses in risk assessment and in management evaluation
- The elements of the Business Judgment Rule
- Instruments and parameters to regulate and supervise banks
- Requirements for the target oriented communication between management and governance in financial institutions
This course is offered in the part-time Master in Finance program and may be attended on a “no credit” basis by individuals not enrolled in the program. Course participants are visitors who are not responsible for assignments and do not take an exam or earn academic credits. As the number of seats in the course is limited, we recommend to register online early.
*Withdrawal and fee refund
In case the course withdrawal request is received two weeks prior to the start of classes, we will retain a withdrawal fee of EUR 50. In case the course withdrawal request is received less than two weeks prior to the start of classes, we will retain 50% of the payment made.
Dipl.-Volkswirt Wolfgang Hartmann
Wolfgang Hartmann graduated from Goethe University Frankfurt as the best student in Economics. Mr. Hartmann lectures “Risk Governance” at the Frankfurt School for Finance & Management within the Executive Master Program for Risk Management and Regulation and has been research scholar at the University of North Texas, Denton, USA.
Wolfgang Hartmann is the Chairman of the Frankfurt Institute for Risk Management and Regulation (FIRM); single Board Member of the state owned Austrian Resolution Company ABBAG, winding down Hypo Alpe Adria; Chairman of the Investment Committee of Rantum Capital; member of the Board and the Executive Committee of “Frankfurt Main Finance”, and Deputy Chairman of the Association of the Institute of Banking and Banking Law at the University of Cologne.
Course schedule - 2017
|Friday, July 07, 2017|| |
|Saturday, July 08, 2017|
|Friday, July 21, 2017|| |
|Saturday, July 22, 2017||09:00-11:00|