search

I WOULD LIKE TO

M9
MFRS 9: Expected Credit Loss Models
SHARE
MFRS 9: Expected Credit Loss Models
  • Overview
  • Objectives & Outline
  • Methodology
  • Participant Profile
  • Trainer
  • Overview
    PROGRAMME DETAILS

    DATE

    15 May 2019

    TIME

    9:00 AM – 5:00 PM

    VENUE

    Asian Banking School
    8
    AICB
    CPD HOURS
    The new MFRS 9 that was made effective on 1st January 2018 require several assets, recognised and unrecognised, to be assessed for impairment using a new credit loss assessment instead of the age-old incurred loss model. This programme will guide participants on the implementation of the new Expected Credit Loss model.
    LEARNING LEVEL
    Intermediate
    PROGRAMME FEE

    AICB MEMBER

    MYR

    1,500*

    / PAX

    NON-MEMBER

    MYR

    1,800*

    / PAX

    *Subject to 6% Service Tax

  • Objectives & Outline
    LEARNING OBJECTIVES
    By the end of the programme, participants will be able to:
    • Explain the new requirements for asset impairment as per the MFRS 9
    • Discuss the various forward-looking expected credit loss models (ECL)
    • Explain the measurement of probability of default (PD), exposure at default (EAD) and the loss given at default (LGD)
    • Discuss the model validation approaches to ensure the robustness of the ECL

    PROGRAMME OUTLINE

    Overview of MFRS 9's Expected Credit Loss Approach in Asset Impairment
    • Scope of impairment tests under MFRS 9: financial assets, contract assets, loan commitments, financial guarantees and lease receivables
    • ECL measurement categories: performing assets, underperforming assets and impaired assets
    • Fundamental components of ECL models: probability of default (PD), credit exposure at default (EAD), loss given default (LGD) and time value of money

    Probability of Default
    • Forward-looking models for PD estimations
    • External credit ratings approaches
    • Implied PD approaches (market-based)
    • Data intensive models – logistics distribution and multivariate distribution credit scoring models
    • Structural models including reduced-form 

    Credit Exposure Measurements (EAD and LGD)
    • Credit exposures with considerations for a 12-month horizon, contractual and lifetime horizons for various assets
    • Expected mark-to-market and exposure
    • Potential future exposure, expected positive and negative exposures, effective exposure, and maximum exposure
    • Compare the characterisation of credit exposure to VaR methods and describe additional considerations used in the determination of credit exposure
    • Identify factors that affect the calculation of the credit exposure profile and summarise the impact of collateral on exposure

    Evaluating a Credit Risk Model
    • Evaluate and compare the results obtained through several credit risk models
    • Quick preview of finding the right cut-off: the strategy curve (ROC-curve and AUC)
    • Explain the procedures to ensure that the ECL model is robust and timely, and take into account criteria such as updated valuations of credit risk mitigants, cash flow estimates based on assessment of borrower-specific factors, and current and future macroeconomic conditions
    • Other relevant forward-looking information that affects the expected collectability of the entity's credit exposure

  • Methodology

    Instructor-led workshops

  • Participant Profile
    Financial reporting accountants, auditors, regulators, financial risk managers and finance managers
  • Trainer

    David Meow

    David has more than 20 years of experience in areas including business valuation,financial markets and risks, and financial reporting. His exposure in diverse areas in the capital markets as well as being a Chartered Financial Analyst (CFA) and a Chartered Accountant (Malaysia), allows him to specialise in training and consultancy in areas that include investment management and company valuation.
    His clients include government-related regulatory bodies like Bank Negara Malaysia, Permodalan Nasional Berhad, Securities Commission Malaysia, Kumpulan Wang Simpanan Pekerja and the Prime Minister's Office, as well as financial institutions like Maybank, CIMB, OCBC and RHB. He is also the Lead Moderator for the Capital Markets with the Financial Accreditation Agency.

REGISTER NOW
Please complete the following form to register with us. Alternatively, you can email us here or call us at +603 2742 7822 if you have any questions.
PAYMENT PROCESS

1

Please download the Payment Form for our Banking details and if making company sponsored payments

2

Upload your Payment Form/Receipt and submit with your online registration

3

You will receive a confirmation email upon successful registration
I'm Applying For
Programme Details
Select Programme
Please select a time slot.
FULL NAME
(as per NRIC/Passport) *
New NRIC No/Passport No*
Nationality*
Email*
Contact No*
Job Title/ Designation*
Department*
Company Name*
Mailing Address*
City*
Postcode*
Country*
AICB Membership No
(If Applicable)
Special Remarks
(IF APPLICABLE, PLEASE FILL IN YOUR FMAM (PPKM) MEMBERSHIP NUMBER HERE)
Upload Payment Receipt or Form*
*Required fields
Captcha validation failed.
Thank you for your submission. You should receive an automated email shortly at the email address you provided if the submission had gone through successfully. If you do not receive the email, please contact us at +603-2742 7822 or email training@asianbankingschool.com
There are currently no upcoming Programme slots.
Please email us here or call us at +603 2742 7822 if you want to check on future slots.

Copyright © Asian Banking School (ABS). All rights reserved.

 CONNECT WITH US

Ooops!
Generic Popup