担保品/抵押品管理

The course content is divided into several topic areas, which are then broken down into multiple subtopics:

• Fundamental Collateral Concepts
  Definition and purpose of collateral
  Why the increased focus on collateral?
  Overview of the collateral life-cycle
• Types of Collateral
  Cash
  Bonds
  Equity
  Collateral impact on Regulatory Capital: Overview

• Transaction Types Necessitating Collateral: Repo
  A. Repo: An Introduction
          The Repo Market Place
          Trade Execution
          Rate Format
          Interest Calculation
          Terms
          Trade Tenure
  
  B. Repo: Eligible Collateral
          Single and Multiple Collateral
          General and Speicla Collateral
          Margin
  
  C. Repo: Confirmations and settlement
          Trade confirmation
          Settlement Method
          Settlement Failure
          Updating books and records
  
  D. Repo; Valuation and Exposure
           Revaluation of Collateral
           Exposure Calculation
           Making and receiving Margin Calls
           Ownership of securities collateral
           Holding securities collateral
  
  E. Repo; Collateral Ownership - return and income events
          Reuse of securities collateral
                i. SFT Regulation
          Return of Equivalent Assets
          Collateral Substitutions
          Income Events
  
  F. The Global Master Repurchaser agreement: Overview
          The Repo Trade Lifestyle
  
  
• Trasaction Types Necessitating Collateral: OTC Derivatives
  A. Introduction to OTC Derivatives
          Initial Derivatives Concepts
          Structural Aspects of OTC Derivatives
          Legal Documentation - Ask risk mitigation component
  
  B. OTC Products and Processing
          Interest Rate Swap (IRS)
  
  C. OTC Products and Processing
          Credit Default Swaps (CDS)
  
  D. Collateral Management for OTC Derivatives
          Collateral Concepts for OTC Derivatives
          Collateral Lifecycle: An Overview
          Credit Support Annex
  
  E. The OTC Derivative collateral Lifecycle
          Introduction
          Throughout Lifetime of Trade
           Derivative Collateral Calculation
  
  F. Central Clearning and impact of collateral
           Central Clearning overview
           Capital Requirements: An Overview
           Central Clearning Primary Concepts
  
  G. Central Clearing and Operational Impacts
          Risk Management
          Netting oppurtunities