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Certified Basel ii Professional (CBiiPro)
Certified Pillar 2 Expert
Certified Pillar 3 Expert
Certified Stress Testing Expert (CSTE)
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Distance Learning and Online Certification Program - Certified Basel ii Professional (CBiiPro)
Distance Learning and Online Certification Program - Certified Pillar 2 Expert (CP2E)
Distance Learning and Online Certification Program - Certified Pillar 3 Expert (CP3E)
Distance Learning and Online Certification Program - Certified Stress Testing Expert (CSTE)
 
 
The Financial Conglomerates Directive
from the Basel ii Compliance Professionals Association (BCPA)
the largest Association of Sarbanes Oxley professionals in the world
 
SECTION 4: THIRD COUNTRIES
 
Article 18
Parent undertakings outside the Community
 
1. Without prejudice to the sectoral rules, in the case referred to in Article 5(3), competent authorities shall verify whether the regulated entities, the parent undertaking of which has its head office outside the Community, are subject to supervision by a third-country competent authority, which is equivalent to that provided for by the provisions of this Directive on the supplementary supervision of regulated entities referred to in Article 5(2).
 
The verification shall be carried out by the competent authority which would be the coordinator if the criteria set out in Article 10(2) were to apply, on the request of the parent undertaking or of any of the regulated entities authorised in the Community or on its own initiative.
 
That competent authority shall consult the other relevant competent authorities, and shall take into account any applicable guidance prepared by the Financial Conglomerates Committee in accordance with Article 21(5). For this purpose the competent authority shall consult the Committee before taking a decision.
 
2. In the absence of equivalent supervision referred to in paragraph 1, Member States shall apply to the regulated entities, by analogy, the provisions concerning the supplementary supervision of regulated entities referred to in Article 5(2). As an alternative, competent authorities may apply one of the methods set out in paragraph 3.
 
3. Member States shall allow their competent authorities to apply other methods which ensure appropriate supplementary supervision of the regulated entities in a financial conglomerate.
 
These methods must be agreed by the coordinator, after consultation with the other relevant competent authorities.
 
The competent authorities may in particular require the establishment of a mixed financial holding company which has its head office in the Community, and apply this Directive to the regulated entities in the financial conglomerate headed by that holding company.
 
The methods must achieve the objectives of the supplementary supervision as defined in this Directive and must be notified to the other competent authorities involved and the Commission.
 

 
Certified Basel ii Professional (CBiiPro) - Distance Learning and Online Certification Program

The Cost: US$ 297
What is included in this price:

A. The official presentations we use in our instructor-led classes (1880 slides)

B. Up to 3 Online Exams
There is only one exam you need to pass, in order to become a Certified Basel ii Professional (CBiiPro). If you fail, you must study again the official presentations, but you do not need to spend money to try again. Up to 3 exams are included in the price.

To learn more you may visit:
www.basel-ii-association.com/Questions_About_The_Certification_And_The_Exams_1.pdf

www.basel-ii-association.com/Certification_Steps_CBiiPro.pdf

C. Personalized Membership Certificate printed in full colour.
Processing, printing, packing and posting to your office or home

To start is easy. We will follow the steps described at:
www.basel-ii-association.com/Distance_Learning_Online_Certification.htm
 

MORE INFORMATION ABOUT THE OFFICIAL PRESENTATIONS


We will send you 3 emails.

The first email (704 slides) covers all the presentations that are needed for the CBiiPro Exam. All the questions of the exam are based on these slides.

You can find the course synopsis at:
www.basel-ii-association.com/Certified_Basel_ii_Professional.htm

We also cover the Enhancements to the Basel II framework, July 2009, Supplemental Pillar 2 Guidance
(Supervisory Review Process) from the Bank for International Settlements

The second and the third emails cover the implementation of the Basel ii framework in the United States of America and the European Economic Area. There presentations are especially important for professionals working in multinational or large financial organizations.

These presentations are:

- Basel II in the United States of America (235 slides)

- The Capital Requirements Directive of the European Union (426 slides)

The Capital Requirements Directive (CRD) is the common framework for the implementation of Basel ii in European Union.

If you understand the Capital Requirements Directive (CRD), you can work not only for the implementation of the Basel ii framework in the 27 countries of the European Union, but also around the world for multinational banks and financial organizations with European operations.

The presentations not only cover the European directives, but also include topics like: Hedge Funds and the Capital Requirements Directive, Securitization and the Capital Requirements Directive.

- Regulatory Arbitrage after Basel ii (233 slides)

- The Financial Conglomerates Directive (183 slides)

QUESTION:

Why in a Basel ii certification program we need to understand the Financial Conglomerates Directive?

ANSWER:
Because we have a very different Basel ii implementation in each of the following structures:
A. The bank is the regulated entity at the head of the group
B. The bank is under a mixed financial holding company (MFHC)
C. The bank is under a financial holding company (FHC)
D. The bank is under an insurance holding company (IHC)

Only the first 704 slides (first email), that cover the Basel ii principles, are needed for the exam.
 
 
To find more:
www.basel-ii-association.com/Distance_Learning_Online_Certification.htm