FinTalk by VERMEG
Welcome to FinTalk, the leading podcast in RegTech and FinTech.
Join host Jawad Akhtar, a seasoned regulatory consultant with a passion for creating efficient solutions in the evolving world of finance. Get ready for insightful conversations with industry experts and collective wisdom from panel episodes, all packed with cutting-edge insights from VERMEG. Stay ahead of the game with discussions on hot topics, regulatory issues, and the future of finance. With over 20 years of trusted transformation in insurance and finance, VERMEG brings you the expertise you need to navigate the fast-paced world of FinTech. Tune in weekly to transform your business and prepare for the future of finance.
FinTalk by VERMEG
Basel 3.1 Reporting: Risk Weights, Property Market, Social Housing & Data Governance #S2E8
Welcome to FinTalk, the leading podcast in Financial Services that addresses the most pressing topics in the FinTech and RegTech.
In this episode, our host Jawad Akhtar talks with Oivind Andresen, a leading expert
in financial regulations, to explore Basel 3.1 and its profound implications for the
financial services industry. They discuss mortgage markets, risk weights, the
Prudential Regulation Authority's (PRA) role, capital requirements, compliance, and data governance.
This episode of FinTalk covers:
- The introduction of Basel 3.1, its impact on commercial property mortgages, and the relationship between loan-to-value (LTV) bands and risk weights.
- How Basel 3. 1 changes will impact capital requirements, particularly for firms involved in social housing.
- The PRA's role in setting regulations and their stance on risk weights, social housing, and the January 2025 implementation date.
- Importance of firms undertaking impact analysis to understand the changes required by the new rules.
Links & references:
VERMEG:
https://www.linkedin.com/company/vermeg/
Jawad Akhtar:
https://www.linkedin.com/in/jawad-akhtar-313562b/
Oivind Andresen
https://www.linkedin.com/in/oivind-andresen-580a8a2/
