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Ontario Tech acknowledges the lands and people of the Mississaugas of Scugog Island First Nation.

We are thankful to be welcome on these lands in friendship. The lands we are situated on are covered by the Williams Treaties and are the traditional territory of the Mississaugas, a branch of the greater Anishinaabeg Nation, including Algonquin, Ojibway, Odawa and Pottawatomi. These lands remain home to many Indigenous nations and peoples.

We acknowledge this land out of respect for the Indigenous nations who have cared for Turtle Island, also called North America, from before the arrival of settler peoples until this day. Most importantly, we acknowledge that the history of these lands has been tainted by poor treatment and a lack of friendship with the First Nations who call them home.

This history is something we are all affected by because we are all treaty people in Canada. We all have a shared history to reflect on, and each of us is affected by this history in different ways. Our past defines our present, but if we move forward as friends and allies, then it does not have to define our future.

Learn more about Indigenous Education and Cultural Services

April 22, 2010

Speaker:  Dr. Mark Staley, Associate Vice-President, Head of the Risk and Capital Modelling Group, TD Bank and Adjunct Professor UOIT.

Title:  Incremental Risk Charge in Basel II

Abstract: In July 2009, the Basel Committee released the final guidelines for computing capital for trading books. These guidelines include revisions to existing rules for computing Value-at-Risk, as well as a request to build a new "Incremental Risk Charge", which captures credit risk over a one-year horizon. Banks have until the end of 2010 to comply with the revised requirements and OSFI has also set ambitious timelines. The Basel Committee's Trading Book Group (TBG) has also just released the results of the quantitative impact study (QIS) to assess the quantitative impact of proposed revisions to Basel II's market risk framework, which it performed in early 2009. In particular, the study finds that the incremental risk capital charge results in an average increase of market risk capital of over 100 per cent.