Open to government regulatory bodies, participants for this school are expected from the central banks of Trinidad and Tobago, Netherlands Antilles, Belize, Bahamas, and Aruba, as well as the Bank of Jamaica, and local participation from CIMA’s Banking Supervision, Fiduciary, and Investments and Securities divisions.
CIMA’s Managing Director, Mrs. Cindy Scotland, explained that hosting this school is part of the Authority’s commitment to ensuring that CIMA staff operates with the most current standards and techniques of supervision and promotes international cooperation.
“As a regulator, we constantly strive for our staff to be kept abreast of the ever-improving techniques for regulating and supervising financial entities,” she shared. “Participating in this high level of training allows us, and our regional counterparts, to tap into the expertise of organisations such as the Federal Reserve and creates a shared knowledge base with our peers. This further strengthens relations between us and our fellow regulators and enhances our ability to supervise our licensees, particularly those operating across jurisdictions.”
The curriculum for the training will provide participants a systematic strategy for analysing credits and the development of specialised types of credits. Topics include: the global financial turmoil and the supervisory lessons learned; borrowing causes; financial statements; ratio analysis; cash flow projections; loan structure and documentation; collateral evaluation; credit classifications; credit risk rating, and problem loans.