Audit and Supervision Techniques
Objectives
This course is dedicated to provide an overview of banking supervision standards and practices, covering the supervision principles, key regulation, the institutional framework and the supervisory review and evaluation process.
General characterization
Code
2245
Credits
3,5
Responsible teacher
Rui Miguel Correia Pinto
Hours
Weekly - Available soon
Total - Available soon
Teaching language
English
Prerequisites
N/A
Bibliography
ECB Guide to banking supervision
https://www.bankingsupervision.europa.eu/ecb/pub/pdf/ssmguidebankingsupervision2014 11.en.pdf
BIS ? Core principles for effective banking supervision
http://www.bis.org/publ/bcbs230.pdf
IMF The Making of Good Supervision: Learning to Say No
https://www.imf.org/external/pubs/ft/spn/2010/spn1008.pdf
Banco de Portugal ? Notice n.º 5/2008
International Standards of Auditing
https://www.pwc.com/jm/en/assets/document/ifrs_pocket_guide_2013.pdf
Teaching method
Students are expected and required to actively participate in class discussions. Through lecture presentations, case studies and class discussions, students will be challenged to develop its critical mindset and build up on the knowledge acquired in the understanding of the specifics of supervising a financial institution.
Evaluation method
Subject matter
1. Supervision overview
2. Standard setters, supervision organization in Europe and Portugal
3. Entities under supervision
4. Regulation
5. Supervisory review process
6. Business model sustainability
7. Internal governance
8. Risk Assessment System
9. ICAAP, capital planning and stress testing
10. Supervisory methods, tools and measures.