Financial Crime World

Lesotho’s Financial Institutions Embark on Compliance Training for Basel III Regulations

In an effort to strengthen regulatory compliance and risk management within the banking sector, Lesotho’s financial institutions have launched an intensive compliance training program focused on Basel III regulations.

Introduction to Basel III Course: Navigating Regulatory Complexity

The Introduction to Basel III Course is designed specifically for professionals working in the financial sector. This comprehensive course aims to navigate the complex regulatory landscape, manage risks effectively, and ensure compliance with international standards. The course is particularly beneficial for:

  • Bankers and financial executives
  • Risk managers
  • Regulatory and compliance officers
  • Financial analysts
  • Auditors
  • Economists
  • Financial consultants

Course Outline: 10 Essential Modules

The training program consists of 10 modules, covering essential topics such as:

  • Introduction to Basel III
  • Financial markets
  • Repo and interbank market changes
  • Regulatory responses
  • Capital adequacy
  • Trading book capital charges
  • Asset-backed securitisations
  • Value at risk
  • Ring-fencing
  • Gross leverage

Course Objectives: Enhancing Knowledge and Skills

The course is designed to equip delegates with a comprehensive understanding of Basel III’s key principles, requirements, and implementation challenges. Participants will gain insights into:

  • Risk management practices
  • Capital adequacy strategies
  • Liquidity requirements

Upon completion of the training program, participants will receive a certification affirming their understanding of Basel III regulations. This certification not only bolsters professional credentials but also signifies the ability to contribute to the resilience and stability of the financial system through informed regulatory compliance and risk management practices.

Course Facilitators: World-Class Training Sessions

The course is led by experienced instructors who provide world-class training sessions. Participants also receive a digital delegate pack, providing them with valuable resources and references for future reference.

Conclusion: Enhancing Compliance and Risk Management

Lesotho’s financial institutions are urged to take advantage of this comprehensive training program, which is designed to enhance their knowledge and skills in Basel III regulations. By doing so, they can ensure compliance with international standards, manage risks effectively, and contribute towards a stronger and more resilient financial system.