Swaps - the new world

Background

The financial crisis and the ensuing avalanche of regulation has changed swap valuation almost beyond recognition over the last few years and has greatly increased its complexity. One result is that dealing and settlement arrangements are often different and importantly the same swap can have different valuations depending on which bank is the counterparty.

This course explains the new world of Swaps : what has resulted, how the new methodology works and its many significant consequences. It includes the key regulations affecting the swap market in Europe and the US. It is a key course for anyone seriously involved with Swaps whether as Dealer, Investor, Lawyer or Auditor.

Target audience

Any staff dealing with swaps at entities that use or are contemplating using swaps:

·        Swaps and Fixed Income Brokers and Dealers

·        Bankers, Treasury and ALM managers

·        Back Office support staff

·        Fund Managers

·        Institutional Salesmen

·        Lawyers and Accountants involved in Swaps (CPD credit)

·        Compliance Officers

·        Pension Fund Managers  and Actuaries using Swaps

·        Real Estate Investors

Existing knowledge

Delegates should preferably have an understanding of the key features of swaps.