Table of Contents
Module 1: Introduction to Banking Regulation & the Basel Framework
- Evolution of international banking regulation
- Role of the Bank for International Settlements (BIS) and the Basel Committee on Banking Supervision (BCBS)
- From Basel I to Basel III: a historical overview
- The 2008 Global Financial Crisis and the regulatory response
- Basel Accords vs. national implementation — how a global standard becomes domestic law
Module 2: Basel I Framework
- Background and objectives of the 1988 Capital Accord
- Credit risk-weighted assets under Basel I
- Capital Adequacy Ratio (CAR) computation under Basel I
- The 1996 Market Risk Amendment
- Limitations and shortcomings that led to Basel II
Module 3: Basel II Framework
- The Three-Pillar structure of Basel II
- Pillar 1 — Minimum Capital Requirements
- Credit risk approaches: Standardized, Foundation IRB, Advanced IRB
- Operational risk approaches
- Pillar 2 — Supervisory Review Process
- Pillar 3 — Market Discipline and Disclosure
- Weaknesses exposed by the 2008 financial crisis
Module 4: Basel III — Core Reforms (2010–2017)
- Genesis and objectives of Basel III
- Enhanced quality and quantity of regulatory capital
- Components of capital
- Regulatory deductions and adjustments to capital
- Minimum Capital Adequacy Ratio (CAR) requirements
- Capital Conservation Buffer (CCB)
- Countercyclical Capital Buffer (CCyB)
- Leverage Ratio — rationale, calculation, and role as a backstop to risk-based capital
Module 5: Basel III Finalized Reforms
- Why the Basel Committee revisited Basel III
- Overview of the December 2017 finalization package
- Revised Standardized Approach (SA) for credit risk
- Revisions to the Internal Ratings-Based (IRB) approach and constraints on internal-model use
- Removal of the 1.06 scaling factor on IRB risk-weighted assets
- Revised Credit Valuation Adjustment (CVA) risk framework
- Revised operational risk framework
- The Output Floor — concept, 72.5% calibration, and phase-in schedule
- Revised leverage ratio and the G-SIB leverage ratio buffer
- Revised securitisation framework
- Jurisdictional variants
- Global implementation status
Module 6: Credit Risk Measurement
- Standardized Approach (SA)
- Use of external ratings and due-diligence requirements
- Internal Ratings-Based (IRB) Approach
- Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD)
- Credit Risk Mitigation (CRM) techniques and eligible collateral
- Securitisation Framework
Module 7: Market Risk Framework — FRTB
- Evolution from the 1996 Market Risk Amendment to the Fundamental Review of the Trading Book (FRTB)
- Trading book vs. banking book boundary
- Standardized Approach — Sensitivities-Based Method
- Internal Models Approach (IMA) and the shift to Expected Shortfall
- Default Risk Charge and Residual Risk Add-On
Module 8: Operational Risk Framework
- Recap of Basel II approaches (BIA, TSA, AMA) and why they were replaced
- The Standardized Measurement Approach (SMA) under Basel III
- Business Indicator (BI) and Business Indicator Component (BIC)
- Internal Loss Multiplier (ILM) and internal loss-data requirements
Module 9: Liquidity Risk Standards
- Rationale for liquidity regulation after the 2008 crisis
- Liquidity Coverage Ratio (LCR)
- Net Stable Funding Ratio (NSFR)
- Liquidity risk monitoring tools and contingency funding plans
- Interaction between LCR/NSFR, the leverage ratio and capital requirements
Module 10: Capital Buffers & Systemic Risk
- Capital Conservation Buffer and Countercyclical Buffer
- Global Systemically Important Banks (G-SIBs)
- Domestic Systemically Important Banks (D-SIBs)
- Total Loss-Absorbing Capacity (TLAC) requirement for G-SIBs
- Linkages to recovery and resolution planning
Module 11: Pillar 2 & Pillar 3 — Supervisory Review and Market Discipline
- Internal Capital Adequacy Assessment Process (ICAAP)
- Supervisory Review and Evaluation Process (SREP)
- Revised Pillar 3 disclosure requirements and reporting templates
- Interest Rate Risk in the Banking Book (IRRBB)
Module 12: Stress Testing & Capital Planning
- Purpose and design of regulatory stress tests
- Scenario design: baseline, adverse, and severely adverse scenarios
- Reverse stress testing
- Forward-looking capital planning
- Comparative overview
Module 13: Basel III Implementation in India
- RBI's phased implementation of Basel III since April 2013
- Master Circular on Basel III Capital Regulations — current CRAR and CET1 requirements
- RBI's Liquidity Coverage Ratio and Net Stable Funding Ratio guidelines for Indian banks
- The D-SIB framework in India
- RBI's revised Standardised Approach Directions for credit risk (effective 1 April 2027)
- Applicability and exemptions
Module 14: Global Comparative Perspective
- United States — "Basel III Endgame"
- United Kingdom — "Basel 3.1"
- European Union — CRR3/CRD6, live since 1 January 2025
- Cross-jurisdictional divergence and implications for internationally active banks
Module 15: Case Studies & Practical Application
- Capital adequacy ratio computation exercises
- Risk-weighted asset calculation
- LCR and NSFR computation exercise
- Assessing the impact of the output floor on a sample bank's capital requirement
Apply for certification
https://www.vskills.in/certification/accounting-banking-and-finance/Basel-III-Professional
