October 16, 2017
@
8:00 AM
–
October 19, 2017
@
3:30 PM
his
4-day Workshop and Technical Assistance Programme is tailored for the Autoriti Monetari Brunei Darussalam (AMBD). It will discuss the overview of Islamic finance and cover the following IFSB Standards:
- IFSB-1 : Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering Islamic Financial Services (IIFS)
- IFSB-3 : Guiding Principles on Corporate Governance for IIFS
- IFSB-10 : Guiding Principles on Sharī`ah Governance Systems for IIFS
- IFSB-17 : Core Principles for Islamic Finance Regulation (Banking Segment)
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 event is by
INVITATION only. For queries, please contact the IFSB Secretariat, Mr. Hamizi Hamzah at
[email protected].
| Date |
Time |
Topics |
| Day 1
16/10/2017 |
08:00 – 08:30 |
Regisration |
| 08:30 – 08:45 |
Opening Remarks by the IFSB Representatives Group Photo |
| 08:45 – 10:15 |
Session 1 – Introduction to Islamic Finance Concept of Islamic Finance Contracts in Islamic Finance Structures of Islamic Banking Products Prudential Issues in IIFS |
| 10:15 – 10:30 |
Coffee Break |
| 10:30 – 12:00 |
Session 2 – IFSB-1: Guiding Principles of Risk Management for IIFS Understanding of Risk in IIFS Focus on Credit Risk Focus on Equity Investment Risk Focus on Operational Risk |
| 12:00 – 14:00 |
Lunch and Prayer |
| 14:00 – 16:00 |
Session 3 – IFSB-1: Guiding Principles of Risk Management for IIFS Focus on Market Risk Focus on Liquidity Risk Focus on Rate of Risk Case Study |
| Day 2
17/10/2017 |
08:30 – 10:00 |
Session 4 – IFSB-3: Guiding Principles on Corporate Governance for IIFS Corporate Governance Issues Specific to IIFS General Governance Approach of IIFS Rights of Investment Account Holders (IAHs) Compliance with Sharī`ah Rules and Principles |
| 10:00 – 10:30 |
Coffee Break |
| 10:30 – 12:00 |
Session 5 – IFSB-10: Guiding Principles on Sharī`ah Governance System for IIFS Structure of the Sharī`ah Governance System Scope of Sharī`ah Governance System Disclosure of Compliance with IFSB-10 General Approach to the Sharīʻah Governance System |
| 12:00 – 14:00 |
Lunch and Prayer |
| 14:00 – 16:00 |
Session 6 – IFSB-10: Guiding Principles on Sharī`ah Governance System for IIFS (Cont’d) Guiding Principles on the Sharī`ah Governance System – Competence and Independence Guiding Principles on the Sharī`ah Governance System – Confidentiality Guiding Principles on the Sharī`ah Governance System – Consistency Case Study |
| Day 3
18/10/2017 |
08:30 – 10:00 |
Session 7 – IFSB-17: Core Principles for Islamic Finance Regulation (Banking Segment) Necessary Preconditions for Effective Supervision Assessment Methodology for CPIFR Responsibilities, Objectives and Powers Independence, Accountability, Resourcing and Legal Protection for Supervisors |
| 10:00 – 10:30 |
Coffee Break |
| 10:30 – 12:00 |
Session 8 – IFSB-17: Core Principles for Islamic Finance Regulation (Banking Segment) – Cont’d Cooperation and Collaboration Supervisory Approach, Techniques and Tools Treatment of Investment Account Holders (IAHs) Corporate and Sharī`ah Governance Framework |
| 12:00 – 14:00 |
Lunch and Prayer |
| 14:00 – 16:00 |
Session 9 – IFSB-17: Core Principles for Islamic Finance Regulation (Banking Segment) – Cont’d Risk Management Process Transactions with Related Parties Transparency and Market Discipline Case Study |
| 16:00 – 16:30 |
Closing & Certificate Giving Ceremony |
| Day 4
19/10/2017 |
08:30 – 15:30 |
Technical Assistance for the AMBD |
