April 23, 2018
@
8:30 AM
–
April 26, 2018
@
4:30 PM
This 4-day Workshop is tailored for Astana International Financial Centre (AIFC) as well as the regulators and market players from the Commonwealth of Independent States (CIS) countries.
This Workshop is made possible by the support of the Asian Development Bank which covers the following IFSB Standards and publications:
- Overview of IFSB-17: Core Principles for Islamic Finance Regulation (Banking Segment)
- Overview of IFSB-10: Guiding Principles on Sharī`ah Governance Systems for Institutions Offering Islamic Financial Services (IIFS)
- IFSB-1: Guiding Principles of Risk Management for IIFS
- IFSB-15: Revised Capital Adequacy Standard for IIFS
- IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS
- GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management in IIFS
Overall, this Workshop aims to:
- Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;
- Assist the participants in the practical application of issues addressed in the particular standards through case studies, hands-on exercises and other interactive tools; and
- Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.
Participation in this Workshop is by
INVITATION only. For queries, please contact the IFSB Secretariat, Mr. Hamizi Hamzah at
[email protected].
Programme – Event Session(s)
| Date |
Time |
Topics |
| Day 1
23/04/2018 |
08:30 – 09:00 |
Registration |
| 09:00 – 09:30 |
Welcoming Remarks and Group Photo |
| 09:30 – 11:30 |
Session 1- Overview of IFSB-17: Core Principles for Islamic Finance Regulation (Banking Segment) Necessary Preconditions for Effective Supervision Assessment Methodology for CPIFR |
| 09:30 – 11:30 |
Overview of IFSB-10: Guiding Principles on Shari`ah Governance Systems for IIFS |
| 11:30 – 11:45 |
Coffee Break |
| 11:45 – 13:15 |
Session 2 – IFSB-1: Guiding Principles of Risk Management for Institutions offering Islamic Financial Services (IIFS) Understanding of Risks in IIFS Focus on Credit Risk Focus on Equity Investment Risk Focus on Operational Risk |
| 13:15 – 14:15 |
Lunch and Prayer |
| 14:15 – 16:15 |
Session 3 – IFSB-1: Guiding Principles of Risk Management for IIFS (Continued) Focus on Market Risk Focus on Liquidity Risk Focus on Rate of Risk Case Study |
| Day 2
24/04/2018 |
09:30 – 11:00 |
Session 4 – IFSB-15: Revised Capital Adequacy Standard for IIFS Capital Adequacy Ratio Components of Capital Treatment of PSIA, PER and IRR Regulatory Adjustments and Deductions |
| 11:00 – 11:30 |
Coffee Break |
| 11:30 – 13:00 |
Session 5 – IFSB-15: Revised Capital Adequacy Standard for IIFS (Continued) Credit Risk Weights for Various Counterparties Off-balance Sheet Exposures Exposures in Investments Made under Profit-Sharing Modes Past Due Receivables & Other Assets |
| 13:00 – 14:00 |
Lunch and Prayer |
| 14:00 – 16:00 |
Session 6 – IFSB-15: Revised Capital Adequacy Standard for IIFS (Continued) Credit Risk Mitigation Credit Risk Mitigation Techniques Commonly Used by IIFS Credit Risk Mitigation Approaches Recognition of Ratings by External Credit Assessment Institution |
| Day 3
25/04/2018 |
09:30 – 11:00 |
Session 7 – IFSB-15: Revised Capital Adequacy Standard for IIFS (Continued) Understanding the Market Risk in Islamic Finance Policies and Procedures for Market risk Guidance on Valuation Practices Group Exercise |
| 11:00 – 11:30 |
Coffee Break |
| 11:30 – 13:00 |
Session 8 – IFSB-15: Revised Capital Adequacy Standard for IIFS (Continued) Overview of Operational Risk Understanding Operational Risk in Islamic Finance Measuring Operational Risks Group Exercise |
| 13:00 – 14:00 |
Lunch and Prayer |
| 14:00 – 16:00 |
Session 9 – GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management Application of the LCR in IIFS Definition and Categorisation of High Quality Liquid Assets (HQLA) Infrastructure Issues in the Availability of Sharī`ah-compliant HQLA Components of Total Net Cash Outflows |
| Day 4
26/04/2018 |
09:30 – 11:30 |
Session 10 – GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management (Continued) Formula for Calculating NSFR Available and Required Stable Funding Role of Supervisory Authorities Group Exercise |
| 11:00 – 11:30 |
Coffee Break |
| 11:30 – 13:00 |
Session 11 – IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS (Continued) Key Elements in the Supervisory Review Process of IIFS Internal Capital Adequacy Assessment Process Islamic Windows Operations Supervisory Transparency and Accountability |
| 13:00 – 14:00 |
Lunch and Prayer |
| 14:00 – 16:00 |
Session 12 – IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS (Continued) Governance and Risk Management Transparency and Market Discipline Consolidated and Home-host Supervision |
| 16:00 – 16:30 |
Closing Remarks & Certificate Giving Ceremony |
