All IFSB Members
Date: Wednesday, 23 June 2021
Time: 4:30 – 6:30 Kuala Lumpur Time
Sector: Islamic Banking
Topics: IFSB-12: Liquidity Risk Management (Guiding Principles for IIFS)
Effective liquidity risk management is crucial for any financial institutions. Different types of external events, financial upheavals and market developments have increased the complexity of liquidity risk management process and its requirements. It has become even more challenging for Institutions offering Islamic Financial Services (IIFS).
IFSB-22 Guiding Principles on Liquidity Risk Management for IIFS standard sets out principles for the robust management of liquidity risk by IIFS, including its vigorous supervision and monitoring by the supervisory authorities. Besides providing guidance on prudential aspects related to liquidity risk management in IIFS, this document outlines necessary elements of effective liquidity risk management in the Islamic financial services industry.
Within this session your facilitator will cover the main steps of the liquidity risk management process taking into consideration the specificities of the IIFS, as well as liquidity risk’s interactions and implications of Islamic financing contracts. The role of Board of Directors and Senior Management will also be addressed in establishing responsibilities for liquidity risk management oversight and executing the liquidity risk management strategy.
The presentation will be followed by the Case study and Q&A session.
***REGISTRATION IS OPEN FOR MEMBERS ONLY***
