Regulatory requirements establish a strong link between an institution’s risk profile, its risk management and risk mitigation systems and its capital planning. This seminar outlines this link and aims in emphasizing that the ICAAP is a process that needs to be embedded in the organisation’ s culture and not a mere report.
The course is an outline of the ICAAP requirements so as to enable the participants to understand the link between risk management and capital adequacy. Moreover, it provides a guide on the ICAAP report preparation.
The course is addressed to anyone wishing to familiarize oneself with the ICAAP principles and guidelines and in the ICAAP preparation report. Moreover, it applies to industry professionals for their CPD requirements.
Olivia Parpa has studied Law at Bristol University and then trained to qualify as a Chartered Accountant with the Institute of Chartered Accountants in England and Wales (ACA). She obtained her practical experience at Langley & Partners in London and then started off her career as a CFO in a private company. She currently the Managing Director of a large financial institution in Cyprus, having also performed the role of the Compliance Officer as of 2009. Her current duties include overseeing the Compliance and Risk function of the financial institution and the application of the money laundering and corporate governance regulations.
Olivia is a long-standing associate of Globaltraining, having delivered lectures for many professional structured courses and seminars. Seminar topics that she has delivered in the past include the role of the Compliance Unit, the Money Laundering Unit and the Risk Unit as well as the application of the Corporate Governance rules of the Cyprus Stock Exchange. ACA courses delivered by Olivia for Globaltraining include Business & Finance, Business Strategy, Law and Case Study. Since the MiFID application in Cyprus 2007, she has been the leading Globaltraining lecturer for the Cyprus Investment Firm Employees’ certification issued by CySEC.
Principles of ICAAP
Proportionality and levels of application
Responsibilities of different divisions and building blocks