Basel 3.1 Reporting: Risk Weights, Property Market, Social Housing & Data Governance #S2E8
Manage episode 376650558 series 3009515
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/
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