Global Credit Data

PD Subcommittee #1/2018: Mapping and PD buckets
2018-01-18 15:00 - 16:00 (Europe/Paris)
Main focus: Mapping and PD buckets

Location:
Webex call

BP Subcommittee #1/2018
2018-01-11 16:00 - 17:00
BP Subcommittee #1/2018

Contact person:
Hale Tatar
Location:
Webex call

Methcom meeting #1/2018
2018-01-11 12:00 - 13:00
Methcom meeting #1/2018

Location:
Webex call

WG Val #11/2017: Procedure from Finding to Advice
2017-12-18 10:00
Presentation by Rabobank in WG Validation

Location:
Webex call

WG Val #10/2017: Sources of Uncertainty in Credit Risk Estimates
2017-12-11 10:00 - 11:00
Presentation of CBA at WG Validation

Location:
Webex call

PD Subcommittee #8/2017: Changes datamodel H1/2018
2017-12-07 15:00 - 16:00
Main focus: Changes to the data model H1/2018

Location:
Webex call

LGD Subcommittee #11/2017
2017-12-05 15:30 - 16:30
LGD Subcommittee #1/2017

Contact person:
Riette Dijkstra
Location:
Webex call

WG Val #9/2017: New credit risk model validation framework
2017-12-04 10:00 - 11:00
Presentation of Unicredit in WG Validation

Location:
Webex call

LGD Subcommittee #10/2017
2017-11-11 15:30
LGD Subcommittee #2/2017

Contact person:
Riette Dijkstra
Location:
Webex call

PD Subcommittee #7/2017: Mapping and PD buckets
2017-11-02 15:00 - 16:30
Main focus: Discussion on mapping process and PD buckets

Location:
Webex call

WG Val #8/2017: Model Risk Management Framework
2017-10-30 10:00 - 11:00
Presentation of NIBC to WG

Location:
Webex call

WG IFRS 9 #11/2017: Summary BCBS TFP meeting
2017-10-19 16:00 - 17:00
Dear WG IFRS 9 members,
as communicated earlier, GCD has been invited by the Basel Committee’s Task Force on Expected Loss Provisioning to present on data and methods used in IFRS 9 / CECL provision modelling.
The meeting took place on Tuesday, October 10th, 2017, with more than 25 regulators present worldwide (incl. Fed, OCC, OSFI, European Commission, EBA, PRA, Bafin, ..). Also all Big 4 accounting firms have been present as well as the IIF and various representatives from banks.
Our presentation (attached for your reference) was very well received, being often cited for the remainder of the day and with regulators praising the industry for taking the initiative to explore data and methods themselves. Please find attached also my personal notes of that day.
I also attach the material presented by Ernst & Young . In case you are interested in the material of the IIF on procyclicality please contact Hassan Haddou (hhaddou@iif.com).
The meeting came at a time, where we are busy with our IFRS 9 Benchmarking study. The regulators stressed the importance of getting good insights in what drives the variability between the banks and appreciated the initiative of the banks. Just in case your bank is not joining yet (at the moment 25 banks have indicated their participation), please here a introduction in the study.
We also welcome all feedback and comments on that day and invite you to a next meeting on THURSDAY, OCTOBER19th, 2017 at 0400 pm CEST (=10 am EST), where we can address all your questions. The link below books the meeting in your agenda.
If you cannot join the meeting but are interested please feel free to give me a call or write me an email. Also please feel free to pass the information along inside your bank.
Best regards
Daniela
+ 31 6 395 503 22
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Thursday, October 19, 2017
4:00 pm | Europe Summer Time (Amsterdam, GMT+02:00) | 1 hr
Meeting number (access code): 959 387 607
Meeting password: [REDACTED]
Link to start the meeting:
https://pecdc.webex.com/pecdc/j.php?MTID=m2ec9998a50174a7281663677dd359ba8
Link to book the meeting in your agenda:
https://pecdc.webex.com/pecdc/j.php?MTID=m06077a5ff50fbd37faf8117c712386ce
Join by phone
+1 631 267 4890 USA/Canada toll
+31 20794 7996 Netherlands toll
Global Call-in numbers:
https://pecdc.webex.com/pecdc/globalcallin.php?serviceType=MC&ED=538852667&tollFree=0

Contact person:
Daniela Thakkar
Location:
Webex call

BP Subcommittee #2/2017
2017-10-17 16:00 - 17:00
BP Subcommittee #2/2017

Contact person:
Hale Tatar
Location:
Webex call

WG Val #7/2017 Validation from a point of view of a second line of defence
2017-10-16 10:00 - 11:00
Presentation of Société Générale in the Working Group Validation

Location:
Webex

BP Subcommittee #1/2017
2017-10-05 16:00 - 17:00
BP Subcommittee #1/2017

Contact person:
Hale Tatar
Location:
Webex call

WG IFRS 9 #10/2017: Preparation BCBS TFP meeting
2017-10-05 15:00 - 16:00
Dear all,
I would like to invite to our next WG meeting on THURSDAY, OCTOBER 5th at 1500 CEST.
The purpose of the meeting is to present and get your input on the slide deck which we will presented at a meeting of the BCBS Task Force Provisioning on October 10th, 2017.
The BCBS TFP is currently working on policy options for the longer-term regulatory treatment of provisions under the Basel framework and is especially interested in “the variety of methodologies and calibration issues” being considered by banks.
The BCBS TFP has heard about our working group through a webinar which we recently gave to US Banks starting up with their CECL implementation. They also got to know about our planned IFRS 9 benchmarking study. Note, GCD is not a lobbying organization (and we are not asked to lobby nor share data) but to present and educate the Task Force on the variety of methodologies which are out there when it comes to IFRS 9 impairment modelling. The results of our 2016 survey plus some high-level analytics will be part of that slide deck. We had asked the survey participants to use the survey results earlier and we have not received any negative answers to that.
Hope to speak to you in the meeting.
Best regards
Daniela
P.S. Reminder: The deadline of our IFRS 9 Benchmarking study is approaching (October 15th). I will send out individual emails to the participants to explain how to upload the data template.
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WG IFRS 9
Thursday, October 5, 2017
3:00 pm | Europe Summer Time (Amsterdam, GMT+02:00) | 1 hr
Meeting number (access code): 952 143 487
Meeting password: [REDACTED]
Link to the meeting:
https://pecdc.webex.com/pecdc/j.php?MTID=mb549254a838ef638679c0292ec143948
Join by phone
+1 631 267 4890 USA/Canada toll
+31 20794 7996 Netherlands toll
Global Call-in numbers:
https://pecdc.webex.com/pecdc/globalcallin.php?serviceType=MC&ED=536518912&tollFree=0

Contact person:
Daniela Thakkar
Location:
Webex call

LGD Subcommittee #9/2017
2017-10-04 15:30 - 16:30
LGD Subcommittee #3/2017

Contact person:
Riette Dijkstra
Location:
Webex call

North American Conference New York September 2017
2017-09-25 08:00 - 2017-09-26 16:00
GCD’s North American conference in 2017 was hosted by Credit Suisse. Please find attached the Agenda and the Material.

Contact person:
Hale Tatar
Location:
New York , USA

Aganda:
https://www.globalcreditdata.org/wp-content/uploads/2018/01/agenda_gcd_conference_2017_nyc.pdf

WG Val #6/2017: Assessing the accuracy of Default Probabilities per rating grade while taking into account sensitivity to time
2017-09-18 12:00 - 13:00
Presentation by ING to the WG

Location:
Webex call

PD Subcommittee #6/2017: North American Segmentation
2017-09-08 14:00
Main focus: North American Segmentation

Location:
Webex call

LGD Subcommittee #8/2017
2017-09-05 15:30 - 16:30
LGD Subcommittee #8/2017

Contact person:
Riette Dijkstra
Location:
Webex call

South African Member Meeting July 2017
2017-07-24 09:00 - 16:30
We kindly invite our South African members to join our Regional Conference in Johannesburg.
The purpose of the conference is

to inform about the most recent developments within GCD
to share knowledge on how member banks use our data
to discuss relevant regional topics with respect to credit risk modelling
to gather your input for future developments of our data model

Interested non-members as well as Academics can join on invitation only.

Contact person:
Daniela Thakkar
Location:
Johannesburg (exact location to be decided)

Aganda:
https://www.globalcreditdata.org/wp-content/uploads/2017/05/agenda_southafricanconference_20170724.pdf

PD Subcommittee #5/2017: Experiences Audit & Aggregation Process
2017-07-06 15:00 - 16:00
Main focus: Audit & Aggregation Process

Location:
Webex call

LGD Subcommittee #7/2017
2017-07-05 15:30 - 16:30
LGD Subcommittee #7/2017

Contact person:
Riette Dijkstra
Location:
Webex call

WG IFRS 9 #9/2017: Kick-off IFRS 9 Benchmarking study 2017
2017-06-29 15:00 - 16:00
Dear WG members,
please find attached the material for tomorrow’s working group meeting (log-in details below).
TOMORROW WE HAVE OUR FINAL CALL TO DECIDE AND KICK-OFF THE IFRS 9 BENCHMARKING STUDY.
The call will guide in detail through the template and takes up all your last remarks in terms of template, timelines and process.
After the call, I will ask you to let me know whether you will be able to participate in the study and which parts you intend to fill in.
Note: based on the feedback of members , we have adjusted the “common scenario” in comparison with the latest proposal we have sent out. In the common scenario we will ask you to use your ACTUAL values for your macro-economic drivers as of YE 2012 to YE 2016. This proposal reduces for you both workload as well as the level of assumptions needed to be made when calculating the ECL.
We truly believe that – by means of this study – we have provided you now with an excellent tool to benchmark your ECL methodology for your major wholesale portfolios as well as the retail mortgage portfolio.
It is up to you to use this chance now. I am at your service to answer further questions and connect you to your peers.
Best regards
Daniela
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WG IFRS 9: Kick-off IFRS 9 Benchmarking study
Thursday, June 29, 2017
3:00 pm | Europe Summer Time (Berlin, GMT+02:00) | 1 hr
Meeting number (access code): 950 025 099
Host key: 945454
Meeting password: [REDACTED]
Link to the meeting:
https://pecdc.webex.com/pecdc/j.php?MTID=m3a16f4e7ff718981d486ff6546126c05
Global call-in numbers:
+44-203-478-5289 Call-in toll number (UK)
+1 631 267 4890 USA/Canada toll
https://pecdc.webex.com/pecdc/globalcallin.php?serviceType=MC&ED=519843937&tollFree=0

Contact person:
Daniela Thakkar
Location:
Webex call

European Conference Frankfurt June 2017
2017-06-26 09:00 - 2017-06-27 16:30
Global Credit Data’s European conference 2017 was hosted by KfW and took place on the 26th and 27th of June 2017 in Frankfurt, Germany.

Contact person:
Riette Dijkstra (riette.dijkstra@globalcreditdata.org)

General Meeting of Members June 2017
2017-06-15 14:00 - 15:00
The Board of Global Credit Data hereby gives notice to members of a General Meeting to be held on 15 June 2017 at 1400 Central European Time. The meeting is to be held electronically, as allowed under Article 32a of the Articles of Association.
The business to be discussed at the meeting shall include:

Approval of the Minutes of the General Meeting of members held on 2 December 2016 (available on the member website)
Report of activities
Approval of 2016 Financial Statements
Appointment of Auditors
Approval of 2018 budget
Possible amendments to Data Pool Regulations
Election of Board Members

Delegates of Members wishing to put forward further items for discussion at this meeting are requested to contact the Executive Director as soon as possible. If the above remains as the agenda then we anticipate a meeting of approximately 2 hours.
Delegates of Members wishing to nominate for position Board Member are encouraged to make themselves known to the Executive Director as soon as possible.
In order to pass resolutions, GCD needs at least 50% of members to attend or vote at the meeting and needs a >50% majority of votes in favour of any resolution. Members not wishing or able to attend are requested to register their vote in advance.
This message constitutes the official notice of meeting. A further sendout of materials for voting will be made approximately 3 weeks prior to the meeting, together with WEBEX and Telephone dial in details.
By order of the Board of Directors
12 April 2017

Contact person:
Philip Winckle
Location:
Webex call

LGD Subcommittee #6/2017
2017-05-30 15:30 - 16:30
LGD Subcommittee #6/2017

Location:
Webex call

WG IFRS 9 #8/2017: Modelling "life-time" of revolving facilities
2017-05-25 15:00 - 16:00
Dear WG IFRS 9 / CECL members,
please find attached the material for our next working group meeting on modelling choices for the life-time of revolving facilities.
Derek Manuge (an independent consultant, also currently working with KPMG Canada) will share his thoughts and experiences.
We know that interesting session is scheduled at a day, which is a holiday in some of the European countries. Unfortuneately, we could not find an alternative date on a short term .
As usual , the session will be recorded and the link shared afterwards.
If you have certain questions on the presentation , feel free to contact either me or the author.
Best regards,
Daniela
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Streaming link:
https://pecdc.webex.com/pecdc/ldr.php?RCID=36a7bb9f15c0f2a549b50b56ae6cb494
Downloading link:
https://pecdc.webex.com/pecdc/lsr.php?RCID=91798ca4b2296dc6e8a63e62713d46a7
Password: [REDACTED]

Contact person:
Daniela Thakkar
Location:
Webex call

PD Subcommittee #4/2017: Experiences submission cycle H1/2017
2017-05-16 15:00 - 16:00
Main focus: Experiences Submission cycle H1/2017

Location:
Webex call
