Committees and Working Groups
To address topical issues related to credit risk and credit portfolio management, the Association has formed a number of committees and working groups. The Committees meet periodically to discuss important themes and issues affecting the discipline of credit portfolio management and also provide guidance to IACPM’s Board and membership on initiatives related to the measurement and management of risk and evolving industry practices.
If you have any questions or are interested in joining a committee please contact Dani Gelband.
The Accounting Working Group has actively been following developments in the IFRS9 and CECL implementation.
Climate & ESG Risk Working Group
The Climate & ESG Risk working group supports IACPM’s periodic research initiatives on the topic. Past research findings are available here.
In addition to research, the group engages in ongoing IACPM advocacy work which includes the Basel Committee’s Pillar 3 consultation on the disclosure of climate-related financial risks. Current and past advocacy work can be found here.
Climate Risk Focus Group discussions are held periodically on issues including organizational structure and approach, data, methodology, and risk & opportunity assessment.
Credit & Political Risk Insurance Working Group
The Credit & Political Risk Insurance working group supports the IACPM in analyzing the results of the biennial market survey. The results of the latest survey have been shared with participating firms. Select results are available here.
In addition to research, the group engages in ongoing IACPM advocacy work with US regulators around Reg Q and the DFS in NY and participates in IACPM’s annual Credit Insurance Summit in London. This year’s summit will be held on March 13th.
The committee discusses and determines educational offerings provided by the IACPM, including the Educational Seminar offered in conjunction with IACPM Fall and Spring Conferences.
Market Working Group
The Market Working Group meets as needed to discuss important market developments such as NoR CDS and Fundamental Review of the Trading Book (FRTB). This group is currently looking at the SEC 9J-1 and 10B-1 proposals.
This committee of practitioners creates the agenda for the next IACPM conference (Spring or Fall). The committee meets regularly via conference call.
The Regulatory Committee meets monthly to discuss current regulatory developments globally and to make recommendations on the issues that the IACPM should address in its advocacy efforts with regulators. All members are invited to participate.
Securitisation Working Group
The Securitisation Working Group meets when there are important projects that impact member firms involved in this space. The group is currently actively engaged with global regulators on Synthetic Risk Transfer, ESMA templates and ESG topics. The group recently responded to the European Banking Package and the EBA non-sequential amortization consultation.