International Banking School
Federal Financial Institutions Examination Council (FFIEC)
Course Overview
The FFIEC's International Banking School is a specialized course not intended for all bank examiners. Rather, it is designed for examiners who have supervisory responsibilities for regional or multinational banks that are actively engaged in international banking activities and for U.S. branches and agencies of foreign banks. This course is considered inappropriate for those who do not have international supervisory responsibilities.
Prerequisites
Examiners who have limited international banking knowledge are required to complete the FFIEC Basic International Banking Self-Study course prior to attending this course. This prerequisite may be waived if the participant can demonstrate significant international experience.
Course Objectives
At the completion of the of the four-and-a-half-day course, a participant will be able to
- Identify key global organizations and their influence on international banking
- Apply current regulatory and market standards specific to examining and supervising U.S. operations of foreign banking organizations or U.S. financial institutions involved in international banking activities
- Analyze the major forces driving structural changes in international financial markets and the impact of these changes on the banking community
- Define country macroeconomic and financial risks and identify how they may impact the soundness of a global financial institution
- Discuss major components of Basel II and III, and their influence on international financial markets and global supervision
- Identify significant issues in the major global and emerging markets that may impact the soundness of U.S. regulated financial institutions
- Recognize global loan underwriting inherent risks in the international market and mitigating prudent underwriting standards and risk management
- Evaluate trade finance activity and risk management in a global financial institution
- Define foreign exchange (FX) risk, determine factors that influence exchange rates, and identify the mechanics in the FX spot trade market
- Recognize the operational risk in the clearing or settlement process for the various derivative transactions and industry compliance with new regulatory requirements