Surveying the SEPA landscape – a practical guide to implementation

(A 2-day intensive course on implementing SEPA)

SEPA is big new right now. You have read all about SEPA. You know the theory. You have read all the guides and all the opinions. Right?

But do you know the HOW of SEPA?

As a Banker how are you going to implement the Single European Payments Area in your bank?

What actions do you need to take to align your back office operations to the new requirements?
How about internal procedures?
What about contracts with your clients?
What new products are you going to be able to introduce to benefit your bank?
How are you going to train your staff?

As a Corporate Treasurer what are the implications for you? How is SEPA going to affect the way you operate?

What actions do you need to take to align your local and branch operations to the new requirements?
How about internal procedures?
What about your dealings with your suppliers and clients?
How will you be able to maximize your banking relationships across Euroland?
How are you going to train your staff?

SEPA, the Theory and SEPA, the Practice are two different things. Sure, we have all read the EPC SEPA reports and documents and opinions BUT …

Do you really understand them?
How will you implement what is about to become a major compliance & regulatory issue in the EU for the next decade!

If you haven’t already addressed these questions in detail you could be in line for serious problems as SEPA begins to kick-in in less than 12 months from now,

SEPA is going to change the face of payments in Europe …. Forever! You don’t only have to be an EU member or even one of the non-EU SEPA countries to be affected.

If you haven’t yet started to do something about SEPA, you may have already missed the boat!

A major objective of the euros’ creation was to establish a single market where currency could move as 'freely and cheaply in the Eurozone as it had within member countries’ national borders.

However, the euro did not encourage the change necessary to drive forward harmonization of payments processes, and integration of payment facilities across borders to create the single financial services market as envisioned by the EU Commission. It became clear that further regulation was needed to restructure Europe's financial markets into one single market. As a part of this process SEPA was launched in March 2002.

One critical issue SEPA focuses on is the current divide between the way domestic and cross-border payments operate and are priced. With SEPA in place, end-users (consumers and corporates) should be able to execute any payment within the euro area as easily and at the same cost as they would in their existing domestic payments system.

What is the curriculum focus?

Citadel Advantage offers an intensive 2-day course taught by experienced practitioners with extensive retail & wholesale payments experience. This course deals with SEPA from its theoretical concept to the practicalities of its implementation - answering the basic questions “what is SEPA?”, “how will SEPA affect me and my organization? And “what do I have to do to make SEPA a reality?” It also looks at SEPA from the perspective, not only of the commercial banks, but corporate users and central banks as well.

The course curriculum provides for training in a neutral and unbiased manner covering a variety of topics including:

What is SEPA?
The SEPA Implementation Timetable
European Union Payments Directive
SEPA Components – Credit transfers, Direct debits, Card & Cash framework, TARGET 2, PE-ACH
SWIFT and SEPA
How do you implement SEPA in your bank?
What changes do you need to make as a Corporate operating in Europe?

Who should attend?

This course is not only for bankers. It is for all those firms that are part of Euroland and will be affected by these momentous changes. Corporates, especially the smaller firms with a Europe wide presence could find themselves with problems if they are not fully prepared.

Experienced banking, payments, back office, operations and banking business (both corporate & retail) professionals who need to prepare for the SEPA implementation.

This includes staff from Financial Institutions, Investment Banks, Corporates, Central Banks/Payment Systems Operator Organizations, Clearing Houses, Consultancy Groups, Legal Firms and Regulators dealing with:

Retail and Wholesale Payments
Electronic Payments
Clearing and Settlement
Securities Settlement
Financial Control
Risk Management and Operational Risk
Liquidity Risk and Control
Treasury
Back Office Operations
Middle Office Operations
Payments Processing
Risk and Approval
Cash Management
Auditing and Compliance

For specific information contact us at courses@citadeladvantage.com



CITADEL ADVANTAGE		COURSE - SEPA

	Surveying the SEPA landscape – a practical guide to implementation (A 2-day intensive course on implementing SEPA) SEPA is big new right now. You have read all about SEPA. You know the theory. You have read all the guides and all the opinions. Right? But do you know the HOW of SEPA? As a Banker how are you going to implement the Single European Payments Area in your bank? What actions do you need to take to align your back office operations to the new requirements? How about internal procedures? What about contracts with your clients? What new products are you going to be able to introduce to benefit your bank? How are you going to train your staff? As a Corporate Treasurer what are the implications for you? How is SEPA going to affect the way you operate? What actions do you need to take to align your local and branch operations to the new requirements? How about internal procedures? What about your dealings with your suppliers and clients? How will you be able to maximize your banking relationships across Euroland? How are you going to train your staff? SEPA, the Theory and SEPA, the Practice are two different things. Sure, we have all read the EPC SEPA reports and documents and opinions BUT … Do you really understand them? How will you implement what is about to become a major compliance & regulatory issue in the EU for the next decade! If you haven’t already addressed these questions in detail you could be in line for serious problems as SEPA begins to kick-in in less than 12 months from now, SEPA is going to change the face of payments in Europe …. Forever! You don’t only have to be an EU member or even one of the non-EU SEPA countries to be affected. If you haven’t yet started to do something about SEPA, you may have already missed the boat! A major objective of the euros’ creation was to establish a single market where currency could move as 'freely and cheaply in the Eurozone as it had within member countries’ national borders. However, the euro did not encourage the change necessary to drive forward harmonization of payments processes, and integration of payment facilities across borders to create the single financial services market as envisioned by the EU Commission. It became clear that further regulation was needed to restructure Europe's financial markets into one single market. As a part of this process SEPA was launched in March 2002. One critical issue SEPA focuses on is the current divide between the way domestic and cross-border payments operate and are priced. With SEPA in place, end-users (consumers and corporates) should be able to execute any payment within the euro area as easily and at the same cost as they would in their existing domestic payments system. What is the curriculum focus? Citadel Advantage offers an intensive 2-day course taught by experienced practitioners with extensive retail & wholesale payments experience. This course deals with SEPA from its theoretical concept to the practicalities of its implementation - answering the basic questions “what is SEPA?”, “how will SEPA affect me and my organization? And “what do I have to do to make SEPA a reality?” It also looks at SEPA from the perspective, not only of the commercial banks, but corporate users and central banks as well. The course curriculum provides for training in a neutral and unbiased manner covering a variety of topics including: What is SEPA? The SEPA Implementation Timetable European Union Payments Directive SEPA Components – Credit transfers, Direct debits, Card & Cash framework, TARGET 2, PE-ACH SWIFT and SEPA How do you implement SEPA in your bank? What changes do you need to make as a Corporate operating in Europe? Who should attend? This course is not only for bankers. It is for all those firms that are part of Euroland and will be affected by these momentous changes. Corporates, especially the smaller firms with a Europe wide presence could find themselves with problems if they are not fully prepared. Experienced banking, payments, back office, operations and banking business (both corporate & retail) professionals who need to prepare for the SEPA implementation. This includes staff from Financial Institutions, Investment Banks, Corporates, Central Banks/Payment Systems Operator Organizations, Clearing Houses, Consultancy Groups, Legal Firms and Regulators dealing with: Retail and Wholesale Payments Electronic Payments Clearing and Settlement Securities Settlement Financial Control Risk Management and Operational Risk Liquidity Risk and Control Treasury Back Office Operations Middle Office Operations Payments Processing Risk and Approval Cash Management Auditing and Compliance For specific information contact us at courses@citadeladvantage.com