IFSB-FIS Workshop Series – Banking (Nigeria)

This 4-day workshop is tailored for the Regulatory and Supervisory Authorities and the market players for the banking sector. The workshop will discuss the following IFSB Standards:

• IFSB-15: Revised Capital Adequacy Standard for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS)
• IFSB-16: Revised Guidance on Key Elements in the Supervisory Review Process of 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 the Central Bank of Nigeria and 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 23/02/2016	09:00 – 09:30	Registration
	09:30 – 09:45	Opening Session
	09:45 – 11:00	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
	11:00 – 11:30	Group Photo and Coffee Break
	11:30 – 13:00	Session 2: IFSB-15: Revised Capital Adequacy Standard for IIFS – Continued Leverage Ratio Domestic Systemically Important Banks Group Exercise on Leverage Ratio Case Study on Countercyclical Buffer
	13:00 – 14:00	Lunch and Prayer
	14:00 – 16:00	Session 3: 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
	16:00 – 16:15	Coffee Break
Day 2 24/02/2016	09:00 – 09:30	Registration
	09:30 – 11:00	Session 4: 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
	11:00 – 11:30	Coffee Break
	11:30 – 13:00	Session 5: IFSB-15: Revised Capital Adequacy Standard for IIFS – Continued Understanding Market Risk in Islamic Finance Policies and Procedures for the Management of 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 – Continued Understanding Operational Risk in Islamic Finance Measuring Operational Risks Sharī`ah Non-compliance Risk Group Exercise
	16:00 – 16:15	Coffee Break
Day 3 25/02/2016	09:00 – 09:30	Registration
	09:30 – 11:00	Session 7: IFSB-15: Revised Capital Adequacy Standard for IIFS – Continued Current Regulatory Environment of Real Estate Activities Supervision of Real Estate Activities Features of Sukūk and Securitisation Securitisation Process for Sukūk Structuring
	11:00 – 11:30	Coffee Break
	11:30 – 13:00	Session 8: IFSB-15: Revised Capital Adequacy Standard for IIFS – Continued Capital Requirements for Sukūk Holdings of Sukūk by IIFS (IIFS investor) Retained Securitisation Exposure (IIFS originator) Case Studies
	13:00 – 14:00	Lunch and Prayer
	14:00 – 16:00	Session 9: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS – Continued 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
	16:00 – 16:15	Coffee Break
Day 4 26/02/2016	08:00 – 08:30	Registration
	08:30 – 10:00	Session 10: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS – Continued Internal Capital Adequacy Assessment Process Islamic Windows Operations Assessment of Additional Issues Supervisory Transparency and Accountability
	10:00 – 10:30	Coffee Break
	10:30 – 12:00	Session 11: IFSB-15: Revised Capital Adequacy Standard for IIFS – Continued Governance and Risk Management Transparency and Market Discipline Consolidated and Home-host Supervision Case Study
	12:00 – 12:30	Closing & Certificate Giving Ceremony
	12:30 – 14:00	Lunch and Prayer

Downloadable Document(s)

1.)

Event Session(s) – PDF Format