{"id":414,"date":"2010-01-28T04:50:49","date_gmt":"2010-01-28T09:50:49","guid":{"rendered":"http:\/\/www.privatebanking.com\/blog\/?p=414"},"modified":"2010-02-01T04:53:41","modified_gmt":"2010-02-01T09:53:41","slug":"fundamentals-of-fails-management-9-february-2010-london","status":"publish","type":"post","link":"https:\/\/www.privatebanking.com\/blog\/2010\/01\/28\/fundamentals-of-fails-management-9-february-2010-london\/","title":{"rendered":"Fundamentals of Fails Management, 9 February 2010, London"},"content":{"rendered":"

Failed Trade Settlement is very expensive in terms of Penalties, extra working time needed to resolve a situation and possible loss of reputation. It also erodes a good client relationship. It is not really surprising that clients give their highest ratings to some of the most expensive Custodians, Brokers and Banks. Cheap is often dear and dear is often cheap! <\/span><\/span><\/span><\/span><\/p>\n

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Regulators are now also paying far more attention to Fails Management in assessing a company\u2019s safety, security, and hence regulatory capital as required under Basle 2. Recent events have also made Regulators far tougher and less forgiving to subjects\u2019 shortcomings and lapses. <\/span><\/span><\/span><\/p>\n

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This effective one day course highlights the cost of failed securities (equities and bonds) trades and analyses their causes. <\/span>Preventive measures are described and detailed. It is a very useful course for those with little or no experience or those requiring an overview. <\/span><\/span><\/span><\/span><\/p>\n

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Delegates<\/span><\/span><\/strong><\/strong><\/p>\n

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The course is suitable for:<\/span><\/span><\/p>\n