IFSB-FIS Workshop Series (Morocco)

This 4-day regional workshop is tailored for the regulatory and supervisory authorities and the market players within the banking sector. It will discuss on the following IFSB Standards:

• IFSB-15: Revised Capital Adequacy Standard for Institutions Offering only Islamic Financial Services (IIFS)
• IFSB-16: Revised Guidance on Key Elements in the Supervisory Review Process of IIFS
• GN-6: Guidance Note on Quantitative Measure for Liquidity Risk Management in IIFS

Overall, this Workshop aims to:

1. Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;
2. 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
3. Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles. 

This Workshop is hosted by Bank Al-Maghrib and supported by the Islamic Development Bank. 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 28/02/2017	08:30 – 09:00	Registration
	09:00 – 09:30	Opening Session by the IFSB, and Bank Al-Maghrib Representatives Group Photo
	09:45 – 11:15	Session 1 – IFSB-15: Revised Capital Adequacy Standard for Institutions Offering Islamic Financial Services (IIFS) Components of Capital Capital Conservation Buffer Countercyclical Buffer Case Study on Components of Capital for IIFS
	11:15 – 11:30	Coffee Break
	11:30 – 13:00	Session 2 – IFSB-15: Revised Capital Adequacy Standard for IIFS (Cont’d) Leverage Ratio Domestic Systemically Important Banks Group Exercise on Leverage Ratio Case Study on Counter cyclical Buffer
	13:00 – 14:00	Lunch and Prayer
	14:00 – 16:00	Session 3 – IFSB-15: Revised Capital Adequacy Standard for IIFS (Cont’d) Credit Risk Weights for Various Counter parties Off-balance Sheet Exposures Exposures in Investments Made under Profit-Sharing Modes Past Due Receivables & Other Assets
	16:00 – 16:30	Coffee Break
Day 2 01/03/2017	09:30 – 11:00	Session 4 -IFSB-15: Revised Capital Adequacy Standard for IIFS (Cont’d) Credit Risk Mitigation Credit Risk Mitigation Techniques Commonly Used by IIFS Credit Risk Mitigation Approaches Recognition of Ratings by External Credit Assessment Institution
	11:00 – 11:30	Coffee Break
	11:30 – 13:00	Session 5 – IFSB-15: Revised Capital Adequacy Standard for IIFS (Cont’d) Understanding the Market Risk in Islamic Finance Policies and Procedures for Market risk Guidance on Valuation Practices Group Exercise
	13:00 – 14:00	Lunch and Prayer
	14:00 – 16:00	Session 6 – IFSB-15: Revised Capital Adequacy Standard for IIFS (Cont’d) Understanding the Operational Risk in Islamic Finance Measuring Operational Risks Sharī`ah Non-compliance Risk Group Exercise
	16:00 – 16:30	Coffee Break
Day 3 02/03/2017	09:30 – 11:30	Session 7 – IFSB-15: Revised Capital Adequacy Standard for IIFS (Cont’d) Features of Sukūk and Securitisation Credit Enhancement for Sukūk Capital Requirements for Sukūk Case Studies
	11:30 – 11:45	Coffee Break
	11:45 – 13:15	Session 8 – 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
	13:15 – 14:15	Lunch and Prayer
	14:15 – 16:00	Session 9 – GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management (Cont’d) Formula for Calculating NSFR Available and Required Stable Funding Role of Supervisory Authorities Case Study
	16:00 – 16:30	Coffee Break
Day 4 03/03/2017	09:00 – 10:30	Session 10 – IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS Supervisory Preconditions, Criteria and Approaches for Effective Supervision of IIFS Key Elements in the Supervisory Review Process of IIFS Regulatory Capital Requirements Treatment of Investment Account Holders (IAH) and Displaced Commercial Risk
	10:30 – 10:45	Coffee Break
	10:45 – 11:00	Session 11 – IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS (Cont’d) Internal Capital Adequacy Assessment Process Islamic Windows Operations Assessment of Additional Issues Supervisory Transparency and Accountability
	12:00 – 14:30	Lunch and Prayer
	14:30 – 16:00	Session 12 – IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS (Cont’d) Governance and Risk Management Transparency and Market Discipline Consolidated and Home-host Supervision Case Study
	16:00 – 16:30	Closing & Certificate Giving Ceremony
	16:30 – 17:00	Coffee Break