International Payments Training Course – Johannesburg – 22 & 23 May 2014

Probably the least understood aspect of modern banking practice is that which relates to international payments. Yet this practice is as old as history itself.

The course has been specially designed to provide a comprehensive foundation for understanding payments in a global context, covering the key principles, concepts, infrastructures, practices, issues, and current developments in the world of international payments and international trade.

This course will be of especial interest to payments professionals who wish to expand their knowledge base and advancing their careers into the global payments arena.

Join us in Johannesburg, South Africa on 22 & 23 May 2014 for a 2-day intensive course on International Payments.

Places are limited so you need to act NOW!

What You Will Learn

• Foreign exchange & currency principles 
• High-value global payments 
• Retail International Payments 
• Alternative Payment Arrangements & Systems (Correspondent Banking, Hawala) 
• Purpose & role of SWIFT, 
• Purpose & role of CLS 
• International Payments & the Law 
• International Standards, Conventions & Principles 
• Financial Action Task Force (FATF) 
• Anti-Money Laundering 
• Global Clearing & Settlement 
• Liquidity & Treasury management 
• International trade facilitation 
• How International Trade is financed 
• Risk management, and 
• Legal & Regulatory issues.

Which organizations should attend?

• Commercial Banks 
• Central Banks 
• Investment Banks 
• Bank Regulators 
• Asset management firms’ representatives 
• Pension funds 
• Hedge funds 
• Leasing companies 
• Insurance companies 
• Fund managers 
• Other financial institutions

Who should attend the Course?

This is an intensive 2-day primer for payments professionals on International Payments. This course has been tailored for payment professionals, either in commerce or banking who need to gain a closer understanding of International Payments.

For more details about our Johannesburg International Payments training course please visit our BLOG

For a full brochure e-Mail us at courses@citadeladvantage.com with INTPAY-JHB in the subject line or REQUEST BROCHURE on-line.

To Register for this course: e-mail us at courses@citadeladvantage.com requesting a registration form or REGISTER ON-LINE

Fundamentals of Operational Risk Management Training Course – Johannesburg – 19 & 20 May 2014

As we begin 2014, the ongoing continuum of headline-grabbing operational risk incidents at banks, other financial institutions and even regulators continue to keep the issue of operational risk management at the top of agendas of CEO’s , CRO’s, Risk Managers and Internal & External Auditors alike.

These incidents are wide ranging and flow from issues like bank ATM collapses, bank operating system failures, regulatory settlements (fines) in the ongoing US sub-prime mortgage saga, rogue traders and the related risk managers who either missed or were willfully blind to all the warning signs.

As the size and complexity of financial institutions has increased, so too have the challenges of understanding and reducing operational risks down to truly manageable levels. Increased regulatory concern and scrutiny have also increased the cost of operational risk events in the shape of outright financial loss, regulatory fines and declining customer confidence.

Operational Risk Management (ORM) is an effective tool for not only maintaining but increasing, bank profits, shareholder value, public perceptions and goodwill.

Executed properly, improvements in ORM can lead to substantial financial, reputational and regulatory benefits – all this adds up to increased profitability, greater financial stability and improved customer satisfaction.

But, to achieve these gains, financial institutions must apply a consistent and comprehensive approach to managing their operational risks. They must also understand that this approach is fundamentally different from the approaches that they use in managing market, credit and liquidity risks.

Join us in Johannesburg, South Africa on 19 & 20 May 2014 for a 2-day intensive course on the fundamentals of the management and mitigation of Operational Risk in banks

Places are limited so you need to act NOW!

What You Will Learn

The aim of the course is to provide;

• An understanding of Risk in all its facets 
• What the Basel Accords say about operational risk and its mitigation 
• An understanding of Operational Risk Techniques for assessing, managing and mitigating Operational Risk 
• A link between Operational Risk management theory & practice 
• A clear “road-map” on how to implement a Operational Risk management structure them in practice in a banking organization.

Which organizations should attend?

• Commercial Banks 
• Central Banks 
• Investment Banks 
• Bank Regulators 
• Asset management firms’ representatives 
• Pension funds 
• Hedge funds 
• Leasing companies 
• Insurance companies 
• Fund managers 
• Other financial institutions

Who should attend the Course? 

• Financial Officers. 
• Risk Officers. 
• Internal Auditors. 
• Operational Risk Managers. 
• Compliance Officers 
• Staff with roles and responsibilities in operational risk in risk management departments, businesses and central departments. 
• All front-, middle- and back-office staff in operational roles. 
• This course is not restricted to management staff alone but to all staff who are required to be “Operational Risk” aware.  

For more details about our Johannesburg Operational Risk training course please visit our BLOG

For a full brochure e-Mail us at courses@citadeladvantage.com with OPSRISK-JHB in the subject line or REQUEST BROCHURE on-line.

To Register for this course: e-mail us at courses@citadeladvantage.com requesting a registration form or REGISTER ON-LINE

Foreign Account Tax Compliance Act (FATCA) Workshop – Johannesburg 21 May 2014

So you are bank, and you think that America’s FATCA legislation doesn’t impact your organization? Well think again.

If you are a bank operating ANYWHERE in the world FATCA has major implications for your organization and your staff.

It has been estimated that the U.S. Treasury loses as much as $100 billion annually to offshore tax non-compliance.

Under U.S. tax law, “U.S. persons” (which includes U.S. citizens and U.S. permanent residents residing outside of the United States) are generally required to report and pay taxes on income from all sources irrespective of where these are located.

Among the Foreign Account Tax Compliance Act (FATCA) provisions is the requirement that foreign financial institutions (FFI), such as banks, must enter into an agreement with the United States’ IRS to identify their U.S. account holders and to disclose the account holders' names, and other account and transactional information.

In essence the term Foreign Financial Institutions FFI applies to all non-US Financial Institutions.

Failure to comply with FATCA will be costly and may subject foreign financial institutions to a 30% withholding tax on U.S.-source payments, which includes dividends, interest and gross proceeds from the sale of assets which may generate U.S. dividends or Interest.

This makes it obligatory for all banks, irrespective of their domicile and registration to comply with the United States’ Foreign Account Tax Compliance Act.

The legislation became effective on 1 January 2013. The various provisions of FATCA are being implemented on a rolling time-scale with effective implementation beginning in mid-2014.

Join us in Johannesburg, South Africa on 21 May 2014 for a 1-day FATCA workshop.

Places are limited so you need to act NOW!

What You Will Learn

• How FATCA will affect your business and operations 
• How FATCA will affect your role in your institution 
• What the requirements are for developing/ implementing an effective FATCA action plan, including establishment of policies and procedures 
• The FATCA technical requirements 
• The FATCA Due Diligence requirements and the identification of US accounts 
• How to report U.S. accounts (and to whom) 

Who Should Attend

This 1 day program is aimed at all financial institutions worldwide and includes staff such as:

• Financial Officers 
• Compliance Officers 
• Risk Management Professionals and their staff 
• External & Internal Auditors 
• Operations Managers/Officers & their staff 
• Staff with roles and responsibilities in operational, businesses and central departments 

For more details about our Johannesburg FATCA Workshop please visit our BLOG

For a full brochure e-Mail us at courses@citadeladvantage.com with FATCA-JHB in the subject line OR REQUEST BROCHURE on-line.

To Register for this course: e-mail us at courses@citadeladvantage.com requesting a registration form OR REGISTER ON-LINE

Training Courses in Sandton, Johannesburg

This coming May Citadel Advantage is offering three very relevant training courses in the Sandton, Johannesburg area.

FUNDAMENTALS OF OPERATIONAL RISK MANAGEMENT

19/20 May 2014

A 2-day intensive course on the Fundamentals of the Management & Mitigation of Operational Risk in banks based on the requirements of the Basel Accords

FATCA WORKSHOP

21 May 2014

A 1-day program on the Foreign Account Tax Compliance Act (FATCA) designed specifically for foreign financial institutions (that is those outside of the US), aimed at providing participants with a sound basis of knowledge of FATCA, what it is and how it should be implemented.

INTERNATIONAL PAYMENTS

22/23 May 2014

An intensive 2-day primer for payments professionals on International Payments. This course has been tailored for payment professionals, either in commerce or banking who need to gain a closer understanding of International Payments.


For full details of these three exciting training courses please click on the relative course titles.

“Managing Operations Risk “ Training Course in Hong Kong

If you are in or in close proximity to Hong Kong, why not join us there on 26 & 27 August 2013 for our two-day intensive course on Operations Risk Management & Mitigation – from assessment to implementation?

This course provides a complete structured package for learning in all main aspects of the subject of Operational Risk. It will enable participants to prepare and manage the planning and implementation of operational risk management processes in their bank/ financial institution or firm.

For more details about this practical hands-on approach to managing operational risk please visit

http://citadeladvantage.blogspot.co.il/p/managing-operational-risk-under-basel_9.html


You can also request a full course brochure by clicking HERE

The Benefits of In-House Training

Citadel Advantage Training provides tailored training solutions delivered at a location of your choice. Using the combination of the experience of our conference and course trainers and the specific needs of your organisation, we can deliver a cost effective training solution in a format which best meets your organisational goals.

By using our In-House training, you will benefit from the expertise and knowledge that is associated with Citadel Advantage gained over many years of hands-on in--the-field experience. Whether it is one-to-one coaching or group training for a small team or an entire department, Citadel Advantage In-House Training will provide you with a development programme to meet your business objectives.

Citadel Advantage offers a wide and comprehensive range of professional courses and training for commercial and central banks in the three core areas of operational risk management,, payment systems and operations/back office management.

Examine our wide range of course offerings at http://www.citadeladvantage.com/catalog.htm

Benefits of In-house Training include:

A tailored solution to fit around your organisational needs

• Our product offering ranges from our off the shelf conferences or courses to creating a a specific training solution to meet your organisations exact needs. 

Experienced trainers with in-depth knowledge

• Our small team of trainers are professionals who are not only experts in their field but also have extensive in-depth business-specific knowledge, with exceptional ability to communicate this to participants.
• Our trainers have a long standing track record of delivering outstanding training programs in the UK, USA, Europe, Africa, China, Dubai, Singapore, & Hong Kong

Better working practices and improved internal communications

• When training at a team level, your staff achieve more than just training on the course subject area.
• In-house training allows the team to interact in a positive way with co-workers at a peer level as well as management providing added organisational benefits.

Reduced costs

• Save money on costs associated with expensive air- travel to training venues, hotel accommodation, meals and time out of the office.

In-depth evaluation

• Extensive feedback package following the training, with contributions from the facilitator as well as the participants.

To discuss your organisations training needs please contact Mr. Richard Barr

• by telephone:

    Asia Pacific: +852 8175 7916
    Europe: +44 20 7193 5913
    North America: +1 408 627 7607

• or by e-mail: at richard@citadeladvantage.com

• or on-line:  CLICK HERE to indicate your interests and we will get back to you.

The Benefits of In-House Training

Citadel Advantage Training provides tailored training solutions delivered at a location of your choice. Using the combination of the experience of our conference and course trainers and the specific needs of your organisation, we can deliver a cost effective training solution in a format which best meets your organisational goals.

By using our In-House training, you will benefit from the expertise and knowledge that is associated with Citadel Advantage gained over many years of hands-on in--the-field experience.

Whether it is one-to-one coaching or group training for a small team or an entire department, Citadel Advantage In-House Training will provide you with a development programme to meet your business objectives.

Citadel Advantage offers a wide and comprehensive range of professional courses and training for commercial and central banks in the three core areas of operational risk management,, payment systems and operations/back office management.

Examine our wide range of course offerings at http://www.citadeladvantage.com/catalog.htm

Benefits of In-house Training include:

A tailored solution to fit around your organisational needs

• Our product offering ranges from our off the shelf conferences or courses to creating a a specific training solution to meet your organisations exact needs.

Experienced trainers with in-depth knowledge

• Our small team of trainers are professionals who are not only experts in their field but also have extensive in-depth business-specific knowledge, with exceptional ability to communicate this to participants.
• Have a long standing track record of delivering outstanding training programs in the UK, USA, Europe, Africa, China, Dubai, Singapore, & Hong Kong

Better working practices and improved internal communications

• When training at a team level, your staff achieve more than just training on the course subject area. 
• In-house training allows the team to interact in a positive way with co-workers at a peer level as well as management providing added organisational benefits. 

Reduced costs

• Save money on costs associated with expensive air- travel to training venues, hotel accommodation, meals and time out of the office.

In-depth evaluation

• Extensive feedback package following the training, with contributions from the facilitator as well as the participants.

For more details CLICK HERE to indicate your interests and we will get back to you.

Two Interfima Certified Courses in Johannesburg in May 2013

“Operational Risk Management” 

This is an INTERFIMA certified Operational Risk Specialist (CORS) training course being held in Johannesburg on 27-28 May 2013. For more information please CLICK HERE.

“International Trade Finance”

This is an INTERFIMA certified Trade Finance Specialist (CTFS) Training course being held in Johannesburg on 29-30 May 2013. For more information please CLICK HERE.

Just 3 days left before our Budapest course offer expires

Register 3 delegates for either of our two training courses in Budapest in March 2013 and you only have to pay for 2. But ... you need to register your 3 delegates by 31 January 2013 to qualify. That is just 3 days away.

Courses involved are “Managing Operational Risk Under Basel III “and “International Trade Finance” <<DETAILS>>

Citadel Advantage Training - take a look at what is coming up

Attending a Citadel Advantage training course will ensure you are up-to-date with current trends and know-how to deal with the critical issues arising in the current economic climate. Our courses, developed with and delivered by our team of experienced trainers, who are practitioners of long standing in their field, are well-known for being highly practical and topical, really giving the knowledge you need to prepare and succeed in the coming year.

To see what is running over the next few months <<CLICK HERE>>

Send 3 Delegates; Pay for only 2

Register 3 delegates for either of our two training courses in Budapest in March 2013 and you only have to pay for 2. 

But ... you have to act fast! This special offer is open for 10 days only! You need to register your 3 delegates by 31 January 2013 to qualify

For more details about our “Managing Operational Risk Under Basel III “course and our “International Trade Finance” course please <<CLICK HERE>>

Two Interfima Certified Courses in Budapest in March 2013

“Managing Operational Risk under Basel III” 

This is an INTERFIMA certified Operational Risk Specialist (CORS) training course being held in Budapest on 4-5 March 2013. For more information please CLICK HERE.

“International Trade Finance”

This is an INTERFIMA certified Trade Finance Specialist (CTFS) Training course being held in Budapest on 6-7 March 2013. For more information please CLICK HERE.

Two Interfima Certified Courses in Johannesburg in January 2013

“Managing Operational Risk under Basel III” 

This is an INTERFIMA certified Operational Risk Specialist (CORS) training course being held in in Johannesburg on 28-29 January 2013. For more information please CLICK HERE.

“Operations Improvement and Managing Change”

This is an INTERFIMA certified Operational Specialist (COS) Training course being held in Johannesburg on 30-31 January 2013. For more information please CLICK HERE.

How to ensure a successful 2013

• Did you achieve all you set out to do in 2012? 
• Did you manage to meet your training targets? 
• Can you and your staff keep up with the ever changing pace of Financial and Operational Innovation? 
• Are your staff adequately prepared for the year ahead? 

Before the year draws to a close set you plans in motion for a successful 2013.

Citadel Advantage provides a full range of specialist training courses covering Operations Risk, Business Continuity, International Trade Finance, Secureties Settlement as well as International and Domestic Payment Systems.

Details at : http://hosted.verticalresponse.com/169936/6031c7ea5f/1621052289/98ff5bcd8e/

Do You Know the Difference Between Enterprise Risk and Other Risks?

In this Enterprise Risk Management Training video, Richard Barr talks about the difference between enterprise risk and other types of risks.

Do you know the 10 reasons why internal controls break down in the event of fraud? Details HERE.