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KPMG Business Awareness Seminar

A business seminar to gain insights on the revised Operational Risk Management Module published by the Central Bank of Bahrain (CBB).

A business seminar to gain insights on the revised Operational Risk Management Module.

Key Changes

The revised module is aimed at aligning it with the principles and guidance from Basel Committee on Banking Supervision. Recent increase in frequency and magnitude of operational risk losses, necessitated the Basel Committee to revise the operational risk principles in October 2014.

The CBB through an extensive consultative process has revised this module which became effective on 31 December 2019, for its Volume 1 and 2 licensees.

Implementation Challenges

The seminar is aimed at bringing together relevant stakeholders to discuss the implementation challenges that will be faced and possible options for addressing these challenges.

Stakeholders at the seminar will also have the opportunity to share ideas on how to extract value from implementation of the revised module. KPMG subject matter experts will also share their insights on how to navigate the implementation process.

Date Time Location
25 February 2020 08:30 Downtown Rotana

 

Agenda

The agenda for our interactive seminar will be as follows:

8:30 Registration

9:00 Introduction

9:15 Key Insights –Operational Risk Management

—       Changes to governance structures.

—       Changes to risk management processes.

—       Challenges in implementation.

10:15 Key Insights – Strategy and operations

—       Aligning your strategy and operations to the requirements of the revised module.

—       Capacity building measures.

10:45 Q & A

11.00 Refreshments / Networking

Kindly note that there are no registration fees for attending this seminar.

For more information, please contact Khalid Seyadi at +973 17222313 or kseyadi@kpmg.com

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