Risk management
English | Français
Challenges
Since its inception in 2008, investment firms are subject to regulatory capital requirements regime usually referred to as Basel II. Transposed in local regulation through CSSF Circular 07/293 (as amended), this set of rules can requires the implementation of sound and complete risk management framework, which can pose multi-faceted challenges for institutions, ranging from the set-up of adequate calculation and monitoring tools of the minimum capital requirements to optimal usage of crtedit risk mitigation technique or design of adequate internal risk and capital management practices (ICAAP).
Deloitte services offering
Our comprehensive and well proven Basel II / CRD approach improves risk management practice performance and efficiency while setting up or refining our clients’ risk management framework to fully comply with the applicable regulatory requirements. We work closely and collaboratively with our clients, providing the right support commensurate to their needs. Our Luxembourg based risk management professionals are recognized experts in the market place and within Deloitte global network. They will provide you with the knowledge, technology and outstanding experience they have gained on numerous Basel II / CRD projects they have performed for leading financial institutions in Luxembourg but also gained while bringing their expertise to Deloitte global clients in other european countries and beyond.
Deloitte is the only adviser able to provide the vast array of services required to address such a multi-disciplinary challenge, from risk governance to risk modeling or data management. The wealth of experience that our Luxembourg risk professionals have combined with our market leading network of risk professionals and our proprietary tools, enable our clients to efficiently implement this new framework.
Depending on the maturity level of our client’s risk management practices, we provide customized services designed to build a tailored framework or to review and enhance the current framework.
Our services are focused on the building blocks of a risk management framework:
- Design and review of regulatory capital requirement models, including development of internal risk models (credit, market, operational, liquidity)
- Set up and implementation of Internal Capital Adequacy Assessment Process (ICAAP), or any of its component (capital planning, stress testing, liquidity risk management, concentration risk, etc.)
- Risk-related regulatory hotline, acting as an helpdesk for questions on risk-related regulatory requirements
- Independent review of internal risk model (credit, market, liquidity, operational)
- Optimization of collateral management and other credit risk mitigation techniques
- Design and implementation of Operational Risk Management (ORM) framework, including Risk and Control Self Assessment (RCSA) process, Loss Data collection, Key Risk Indicators systems, etc.
- Assisting in the optimization of processes in relation with large exposures regime
- Risk reporting solutions
- Training on risk management techniques and related regulatory requirements
Material on this website is © 2012 Deloitte Global Services Limited, or a member firm of Deloitte Touche Tohmatsu Limited, or one of their affiliates. See Legal for copyright and other legal information.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.