Certified Basel iii Professional (CBiiiPro), distance learning and online certification program


The program has been designed to provide with the knowledge and skills needed to understand the Basel III framework, and to work in Basel III Projects. The course provides with the skills needed to pass the Certified Basel iii Professional (CBiiiPro) exam. We have updated the program the 5th of May, 2018.

Target Audience

This course is intended for managers and professionals working in banks, financial organizations, financial groups and financial conglomerates. It is also intended for management consultants, vendors, suppliers and service providers working for financial organizations.

This course is highly recommended for:

  •  -  Managers and professionals involved in Basel III (decision making and implementation)
  •  -  Risk and compliance officers
  •  -  Auditors
  •  -  IT professionals
  •  -  Strategic planners
  •  -  Analysts
  •  -  Process owners
  • This course is intended for employers demanding qualified professionals that meet the fit and proper requirements.

Course Synopsis

What is Basel III?
Basel III, the G20 and the FSB.
The Bank for International Settlements (BIS).
The Basel Committee on Banking Supervision.
The Basel III Framework.
National rules implementing Basel III.

The important Basel III Amendments:

Amendment 1. Corporate Governance and Risk Management.
Sound corporate governance principles.
a. Board practices.
b. Senior management.
c. Risk management and internal controls.
d. Compensation.
e. Complex or opaque corporate structures.
f. Disclosure and transparency.
The role of supervisors.

Amendment 2. The regulatory capital.
Capital, the numerator.
Understanding the Basel III language.
Debt Securities.
Commercial papers.
Equity securities (common stock).
Preferred stock.
Cumulative preferred stock.
Contingent convertibles (CoCos).
Perpetual and non-perpetual preferred stocks.
Paid-up capital.
Undisclosed reserves.
Subordinated debt.
Stock surplus (share premium).
Hybrid capital instruments.
Comprehensive income.
Other comprehensive income (OCI).
Accumulated other comprehensive income (AOCI).
Retained earnings.
Intangible assets.
Step-up provisions.
Going concern.
Gone concern.
Risk Weighted Assets (RWA).
Deferred tax.

Capital, the numerator.
A strict definition of capital.
1. Tier 1 Capital (going-concern capital).
1a. Common Equity Tier 1 (CET1).
1b. Additional Tier 1 (AT1).
2. Tier 2 Capital (gone-concern capital).
Limits and Minima.
Understanding Common Equity Tier 1 capital.
Common Equity Tier 1, the 14 criteria.
Criteria for inclusion in Additional Tier 1 capital.
Criteria for inclusion in Tier 2 Capital.
Common shares issued by consolidated subsidiaries.
Tier 1 and Tier 2 qualifying capital issued by consolidated subsidiaries.
Regulatory adjustments.
Double gearing.
Disclosure requirements.

Amendment 3. The Risk Weighted Assets (RWA), the denominator.
Enhanced risk coverage.
The RWA after the December 2017 Basel III reforms.
The 2017 reforms concentrate on the RWAs (the denominator).

Amendment 4. The Capital Ratio.
The 4.5% and the 7% common equity ratio.

Amendment 5. Credit Risk after December 2017.
The standardised approach (SA) for credit risk.
The internal ratings-based (IRB) approaches.
a. The Foundation IRB (F-IRB).
b. The Advanced IRB (A-IRB).
Standardised approach for credit risk.
The new due diligence requirements.
Exposures to sovereigns.
Exposures to non-central government public sector entities (PSEs).
Exposures to multilateral development banks (MDBs).
Exposures to banks.
(a) External Credit Risk Assessment Approach (ECRA).
(b) Standardised Credit Risk Assessment Approach (SCRA).
Exposures to covered bonds.
Exposures to securities firms and other financial institutions.
Exposures to corporates.
Specialised lending.
Subordinated debt, equity and other capital instruments.
Retail exposures.
Off-balance sheet items.
Defaulted exposures.
Recognition of external ratings by national supervisors.
Credit risk mitigation (CRM) techniques.
Collateralised transactions.

December 2017 – Internal ratings-based (IRB) approach for credit risk.
Unexpected losses (UL), expected losses (EL).
Categorisation of exposures.
Asset classes.
(a) corporate,
(b) sovereign,
(c) bank,
(d) retail, and
(e) equity.
Adoption of the IRB approach for asset classes.
December 2017, stress tests used in assessment of capital adequacy.

Amendment 6. Operational Risk after December 2017.
Reputational risk.
Systemic risk.
Strategic risk.
The standardised approach methodology.
The Business Indicator (BI).
The Business Indicator Component (BIC).
Regulatory determined marginal coefficients.
The Internal Loss Multiplier (ILM).
The BI=ILDC+SC+FC formula.
The standardised approach operational risk capital requirement.
Application of the standardised approach within a group.
General criteria on loss data identification, collection and treatment.
Specific criteria on loss data identification, collection and treatment.

Amendment 7. Global Liquidity Standards.
Principles for Sound Liquidity Risk Management and Supervision.

The Liquidity Coverage Ratio (LCR).
Amendments to the LCR.
The stock of high-quality liquid assets.
Level 1 assets.
Level 2 assets.
Level 2B assets.
Total net cash outflows.

The Net Stable Funding Ratio (NSFR).
Available Stable Funding (ASF).
ASF factors.
Required Stable Funding (RSF)
RSF factors

Monitoring tools.
a. Contractual maturity mismatch.
b. Concentration of funding.
c. Available unencumbered assets.
d. LCR by significant currency.
e. Market-related monitoring tools.

Differences in home / host liquidity requirements.
Guidance for Supervisors on Market-Based Indicators of Liquidity.
Liquidity Coverage Ratio Disclosure Standards.

Amendment 8. The Capital Conservation Buffer.
Distribution policies inconsistent with capital conservation.
The restriction of dividends and bonuses.
The buffer of risk-weighted assets.

Amendment 9. The Countercyclical Capital Buffer.
What is procyclical and countercyclical.
The buffer.
Guidance for national authorities operating the countercyclical capital buffer.
Principles underpinning the role of judgement.
Jurisdictional reciprocity.

Amendment 10. The Leverage Ratio.
The Basel III leverage ratio framework.
The scope of the leverage ratio.
The ratio.
(a) On-balance sheet exposures.
(b) Derivative exposures.
(c) Securities financing transaction exposures.
(d) Off-balance sheet (OBS) items.
Disclosure requirements.
Disclosure templates.
The leverage ratio after December 2017.
The leverage ratio buffer for global systemically important banks (G-SIBs).
Implementation and monitoring.

Amendment 11. Systemically Important Financial Institutions (SIFIs).
The additional degree of loss absorbency.
Lists of global systemically important banks (G-SIBs).
Updated assessment methodology and the higher loss absorbency requirement.
a. The size of banks.
b. Their interconnectedness.
c. The lack of readily available substitutes or financial institution infrastructure for the services they provide.
d. Their global (cross-jurisdictional) activity.
e. Their complexity.

Amendment 12. Risk Modelling, Stress Testing and Scenario Analysis.
Value-at-risk (VaR).
Standard Normal Distribution.
VaR shortcomings.
Capture of systemic risk/tail events in stress testing and risk modelling.

Amendment 13. Stressed Value-at-Risk (S-VaR), Counterparty Credit Risk (CCR), Credit Valuation Adjustment (CVA).
Stressed Value-at-Risk (S-VaR).
Stressed VaR merges stress testing with VaR.
A stochastic process, a deterministic process.
Monte Carlo Simulation.
The Turner Review, four categories of problems.
Counterparty Credit Risk (CCR).
Credit Valuation Adjustment (CVA).
The adjustments to transaction valuation, to reflect the counterparty’s credit quality.
One-sided CVA, two-sided CVA.
CVA Risk Capital Charge.
Monte Carlo Simulation and CVA.
CVA after December 2017.

Amendment 14. The output floor (December 2017 update).
Reducing excessive variability of risk-weighted assets.
Output floor requirements.
Calculation of the output floor.
Disclosure requirements.
Implementation date and transitional measures.

Islamic Banking and Basel III.
(Reference. There are no exam questiond from this part).

Basel III was not designed for Institutions offering Islamic Financial Services (IIFS).
The Basel III equivalent rules.
The Islamic Financial Services Board (IFSB).
The IFSB standards that implement Basel III equivalent rules.
The Islamic Financial Stability Forum (IFSF).
The International Islamic Liquidity Management Corporation (IILM).
The Islamic Development Bank (IDB).
The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI).
Understanding Profit-sharing investment accounts (PSIAs).
Musharakah and Mudarabah partnerships.
IFSB 1 - Guiding Principles of Risk Management.
IFSB 12 - Guiding Principles on Liquidity Risk Management.
IFSB 13 - Guiding Principles on Stress Testing.
IFSB 15 - Revised Capital Adequacy Standard.
IFSB 16 - Revised Guidance on Key Elements In The Supervisory Review Process.
IFSB 17 - Core Principles for Islamic Finance Regulation (Banking Segment) (CPIFR).
IFSB 19 - Guiding Principles on Disclosure Requirements.
Closing remarks.

For secure payment we work with PayPal, the faster and safer way to make online payments. With PayPal we minimize the cost of administration and compliance with national and international laws, so we can keep the cost of our programs and services so low.

Only PayPal receives your credit card number and your financial information. We receive your full name, your email, and your mail address. According to the PayPal rules, you have the option to ask for a full refund up to 60 days after the payment. If you do not want one of our programs or services for any reason, all you must do is to send us an email and we will refund the payment, no questions asked.

When you click "Buy Now" below, you will be redirected to the PayPal web site. Your payment will be received by our strategic partner and service provider, Cyber Risk GmbH (Rebackerstrasse 7, 8810 Horgen, Switzerland, Handelsregister des Kantons Zürich, Firmennummer: CHE-244.099.341). Cyber Risk GmbH may also send certificates to all members.

The all-inclusive cost is $297.


What is included in this price:

A. The official presentations we use in our instructor-led classes (1,557 slides)

There are 355 additional slides that cover Islamic banking and Basel III (there are no exam questions from this part).

B. Up to 3 Online Exams

There is only one exam you need to pass, in order to become a Certified Basel iii Professional (CBiiiPro).

If you fail, you must study again the official presentations, but you do not need to spend money to try again. Up to 3 exams are included in the price.

To learn more you may visit:


C. Personalized Certificate

Processing and posting to your office or home via registered mail.

Frequently Asked Questions

1. How comprehensive are the presentations? Are they just bullet points?

Answer: The presentations are not bullet points, you can read them, understand, and learn. These are the official presentations we use in our instructor-led classes.

2. Do I need to buy books to pass the exam?

Answer: No. If you study the presentations, you can pass the exam. All the exam questions are clearly answered in the presentations.

If you fail the first time, you must study more. Print the presentations and use Post-it to attach notes, like "Credit Risk", "Operational Risk" etc., to know where to find the answer of a question.

3. Is it an open book exam? Why?

Answer: Yes, it is an open book exam. Risk and compliance management is not something you have to memorize, it is something you must understand and learn.

4. Do I have to sit for the exam soon after receiving the presentations?

Answer: No. You can sit for the exam from your office or home, any time in the future. Your account never expires and there is no restriction of any kind.

5. Do I have to spend more money in the future to remain certified?

Answer: No. Your certificate never expires. It will be valid, without the need to spend money or to sit for another exam in the future.

6. Ok, the certificate never expires, but things change.

Answer: Recertification would be a great recurring revenue stream for the association, but it would also be a recurring expense for our members. We resisted the temptation to "introduce multiple recurring revenue streams to keep business flowing", as we were consulted. No recertification is needed for our programs.

Things change, and this is the reason you need to become (at no cost) a member of the association. You will receive our monthly newsletter with updates, alerts and opportunities to stay current.

7. How many hours do I need to study to pass the exam?

Answer: It depends on your knowledge and experience. You must study the presentations at least twice, to ensure you have learned the details. The average time needed is about 42 hours, but there are important differences.

8. I want to learn more about the online exam.

Answer: You will be given 90 minutes to complete a 35-question multiple-choice exam. You must score 70% or higher.

We do not send sample questions. If you study the presentations, you can score 100%.

9. Why should I get certified?

Answer: After the failures of so many organizations during the crisis that started in 2007, firms and organizations hire "fit and proper" professionals who can provide evidence that they are qualified.

Companies and organizations need assurance that employees have the knowledge and skills needed to mitigate risks, and to accept more responsibility. Supervisors and auditors ask for independent evidence that the process owners are qualified, and that the controls can operate as designed, because the persons responsible for these controls have the necessary knowledge and experience.

The marketplace is clearly demanding qualified professionals in risk and compliance management. Certified professionals enjoy industry recognition and have more and better job opportunities.

It is important to get certified and to belong to professional associations. You prove that you are somebody who cares, learns, and belongs to a global community of professionals.

10. Why should I choose your certification program?

Answer: It is always good to investigate first. You should search for other programs, using any search engine.

We strongly believe that we offer the best value for money compared to all other Basel III training and certification programs:

1. The Basel iii Compliance Professionals Association (BiiiCPA) is the largest association of Basel iii Professionals in the world. It is a business unit of the Basel ii Compliance Professionals Association (BCPA), which is the largest association of Basel ii Professionals in the world.

2. The all-inclusive cost of the program ($297) is very low. There is no additional cost for this program, now or in the future, for any reason.

3. There are 3 exams that are included in the cost of the program, so you do not have to spend money again if you fail.

4. No recertification is required. Your certificate never expires.

Privacy and Compliance