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IFSB-FIS Workshop Series (Brunei)
October 16, 2017 @ 8:00 AM – October 19, 2017 @ 3:30 PM
- 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:
Programme – Event Session(s)
- 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.
| 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 |
