| COURSE : SOVEREIGN RISK ANALYSIS: UNDERSTANDING RATING AGENCY METHODOLOGIES | |
|---|---|
| Course Overview | This practical course will provide a comprehensive introduction to sovereign and quasi-sovereign risk and an understanding of the tools and methods used in assessing and managing these risks. It defines the concepts “country risk” and “sovereign risk”, and explains the sources of these types of risk and the role they have played in the current and previous financial downturns. |
| Training Duration | Total Training Hours : 20-24 Hours Training Duration : 1 Week Total Training Days : 4 Working Days |
| Training Schedules | Weekdays (Sunday to Thursday) Regular Sessions : 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm) Food & refreshments Included WeekEnds (Friday & Saturday) Fast Track Sessions: 8 Hours per day (9am to 5pm) Food & refreshments Included |
| Certifications: | 1) Certificate from Laurels Training Institute, Attested by Knowledge & Human Development Authority (KHDA) government of Dubai, UAE - With Online Worldwide recognition facility 2) Certificate from American Institute of Professional Studies (AIPS) from USA (After 15 Days of course Completion which will couriered to the attendees office address) - With Online Worldwide recognition facility |
| Tests | Yes |
| Learning Aids | Yes |
| Course Material | Hard & Soft Copies of Study Material |
| Language of Instruction | English |
| Instructor Helpline | Yes 1. Email 2. Social Media (For Emergency requirements) |
| Registration Requirements | 1. Passport Copy 2. Curriculum Vitae 3. Passport size photographs 4. Course Fee |
| Mode of Payment: | Cash / Cheque / Credit Card / Bank Transfer. |
| Eligibility Criteria (Who should attend this training) | This four-day Sovereign and Country Risk Analysis workshop is intended for investment managers and other financial professionals requiring a clear understanding of the analysis of sovereign and country risk. - Risk Managers - Internal Auditors - Accountants - Backoffice Employees - Controllers - Managers - Compliance - Regulators - Account Managers |
| Course Benefits | Understand sovereign debt issuance in today’s capital markets Interpret macroeconomic and other quantitative data Integrate qualitative risk factors into the risk assessment Measure the likely impact of banking system support on the sovereign credit Assess the importance and impact of supranational agencies Appreciate how the ratings agencies, and other practitioners in the markets, assess and price risk Anticipate defaults, and minimise loss in a stress situation Position for recovery situations and predict improving sovereign credit quality |
| Course Contents / Outline | Day 1: Sovereign Debt Issuance Basics Background Case study: spread divergence and volatility in the Eurozone since 2007 Foundation of analytical techniques Economic modelling: data sources Case study: integrating quantitative and qualitative factors - Dubai Monetary and fiscal policy and its implications Case study: Brazil and the government’s access to developing local financial markets since the Plano Real
International credit rating agencies Case study: why should the US not be “AAA”? Case study: how to use a “Default Study” Sovereign risk and the markets Case study: integrating quantitative and qualitative factors - Dubai are CDS more accurate than credit ratings? Sovereign risk under stress Case study: global multilateral support during the Asian financial crisis Improving sovereign credits
Day 3: Analysis of the financial sector and its potential impact on sovereign risk Case study: Mexico, Ireland, and Spain: lessons from history and today Case study – the differing approaches of three Scandinavian countries Financial institutions in the context of a country’s economy Case study: Iceland; the United States Portfolio management and sovereign risk
Sovereign debt crises and their resolution Regional and local sub-sovereign borrowers Country ceilings: sovereign risk and transfer risk –the evolution of a concept Topics in country risk Course summary and close" |