IFSB-FIS Workshop Series (Indonesia) : IFSB-2, IFSB-7, IFSB-11, GN-3 and GN-4.
2011-05-23 - 2011-05-25 | Kuning Room, 4th floor, Thamrin Building, Bank Indonesia, Indonesia
The Workshop is hosted by Bank Indonesia. This workshop will address the following IFSB Standards and Guidance Notes: -IFSB-2: Capital Adequacy Standard for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) -IFSB-7: Capital Adequacy Requirements for Sukûk, Securitisations and Real Estate investment -IFSB-11: Standard on Solvency Requirements for Takâful (Islamic Insurance) Undertakings -GN-3: Guidance Note on the Practice of Smoothing the Profits Payout to Investment Account Holders -GN-4: Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio for Institutions (other than Insurance Institutions) offering only Islamic Financial Services For more information on the Workshop, please contact Ms Yazmin Aziz at yazmin@ifsb.org.

Seminar on Strategies for Development of Islamic Capital Markets
2011-06-07 09:00 - 17:30 UTC | Pan Pacific Hotel (Ocean Room 3-5, Level 2), SINGAPORE
This Seminar is hosted by the Monetary Authority of Singapore. The Seminar will address the following topics: – Development of Islamic capital markets – Building liquidity management infrastructure for Islamic finance – Legal aspects of Islamic asset securitisation – Panel discussion on opportunities and challenges for Islamic capital market For more information on the Seminar, please contact Ms Puteri Bahrun at puteri@ifsb.org

Programme – Event Session(s)

Date
Time
Topics

Day 1
07/06/2011
09:00 – 09:30
Registration

09:30 – 10:00
Opening and Welcoming Remarks

10:00 – 11:15
Session 1: Development of Islamic capital markets

11:15 – 11:45
Coffee break & Networking

11:45 – 13:00
Session 2 : Building Liquidity Management Infrastructure for Islamic Finance

13:00 – 14:30
Lunch

14:30 – 15:45
Session 3 : Legal Aspects of Islamic Asset Securitisation Role of Law in the development of Islamic Financial Market Legal and Regulatory Issues in Islamic Asset Securitisation Recommendations for Islamic Asset Securitisation

16:15 – 17:30
Session 4 : Panel Discussion on Opportunities and Challenges for Islamic Capital Markets

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Pan Pacific Hotel Reservation Form

3.)

Speakers Profile

Seminar on Islamic Banking - Challenges and Opportunities for Tajikistan
2011-09-29 09:00 - 2011-09-30 16:30 | National Bank of Tajikistan, Dushanbe, Tajikistan
This Seminar is hosted by the National Bank of Tajikistan and Supported by German International Cooperation (GIZ). This one and half day Seminar will address the following topics: – Overview of the Islamic Financial Services Industry (IFSI) – Operational and Business structural issues in starting an Islamic financial services unit – Shari’ah and Legal Issues in Islamic Finance – Regulatory and Supervisory Framework for Institutions offering Islamic Financial Services – Panel Discussion on the Islamic Finance, Challenges and Opportunities for Tajikistan For more information on the Seminar, please contact Ms Puteri Bahrun at puteri@ifsb.org

Programme – Event Session(s)

Date
Time
Topics

Day 1
29/09/2011
09:00 – 09:30
Registration

09:30 – 10:30
Opening and Keynote Session

10:30 – 11:00
Coffee break & Networking

11:00 – 12:30
Session 1 : Overview of the Islamic Financial Services Industry (IFSI) This session will give an overview of the respective IFSI sectors i.e. banking, capital market and insurance.

12:30 – 14:00
Lunch

14:00 – 15:30
Session 2 – Operational and Business Structural Issues in Starting a Unit that offers Islamic Banking Services This session aims to discuss the relevant operational and business structural issues faced by IFSI stakeholders in developing an Islamic financial services unit.

15:30 – 16:30
Session 3 – Shari`ah and Legal Issues in Islamic Banking The session will discuss the current and pertinent Shari`ah, legal and business development issues in the IFSI currently being faced by the IFSI market players and how they are managing these issues in their day-to-day operations.

Day 2
30/09/2011
09:30 – 11:00
Session 4 – Regulatory and Supervisory Framework for Institutions offering Islamic Banking Services The session will share country specific experience in their prudential regulatory and supervisory framework for the IFSI.

11:30 – 13:00
Session 5 – Panel Discussion on the Islamic Banking : Challenges and Opportunities for Tajikistan The session aims to highlight the business, legal and regulatory structure that must be established for Tajikistan to set up its own IFSI. It will also highlight the potential of Tajikistan and the role of its stakeholders in this effort.

13:00 – 14:00
Lunch

Disclaimer: Please be advised that the above mentioned agenda points are tentative and that the IFSB reserves the right to make any necessary amendments/changes to the programme without prior notification.

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Speakers Profile

IFSB-FIS Workshop Series (Jordan) : IFSB-1, IFSB-3, IFSB-5, IFSB-10 and GN-4.
2011-10-17 09:00 - 2011-10-19 16:00 | Institute of Banking Studies, Amman, Jordan
This workshop is hosted by the Central Bank of Jordan and supported by the Institute of Banking Studies (IBS). This workshop will address the following IFSB Standards and Guidance Note: -IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) -IFSB-3: Guiding Principles on Corporate Governance for Institutions offering only Islamic Financial Services (Excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds -IFSB-5: Guidance on Key Elements in the Supervisory Review Process of Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds) -IFSB-10: Guiding Principles on Sharîah Governance Systems for Institutions offering Islamic Financial Services -GN-4: Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio for Institutions (other than Insurance Institutions) offering only Islamic Financial Services Participation in the Workshop is by INVITATION only. For more information on the Workshop, please email to Ms. Yazmin Aziz at yazmin@ifsb.org.

Programme – Event Session(s)

Date
Time
Topics

Day 1
17/10/2011
WORKSHOP ON ISLAMIC FINANCE&NBSP;: CONCEPTS, CONTRACTS AND RISK IMPLICATIONS FOR IIFS BY&NBSP;MR. JAMSHAID ANWAR CHATTHA

WORKSHOP ON IFSB-1 : GUIDING PRINCIPLES OF RISK MANAGEMENT FOR INSTITUTIONS OFFERING ISLAMIC FINANCIAL SERVICES (IIFS) BY&NBSP;MR. JAMSHAID ANWAR CHATTHA

09:00 – 09:30
Registration

09:30 – 09:45
Opening Session Mr. Abdelilah Belatik, Assistant Secretary-General, Islamic Financial Services Board H.E. Khouloud Saqqaf, Deputy Governor, Central Bank of Jordan

09:45 – 11:00
Session 1 Islamic Finance: Concepts, Contracts and Risk Implications for IIFS

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 2 IFSB-1 : Guiding Principles of Risk Management for Institutions Offering Islamic Financial Services (IIFS) -Focus on Credit Risk -Focus on Equity Risk -Focus on Operational Risk Case Study & Discussion : -Case Study – 1: Managing Shari’ah Non-Compliance and Legal Risk in IIFS

13:00 – 14:00
Lunch

14:00 – 16:00
Session 3 IFSB-1 : Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) : -Focus on Market Risk -Focus on Liquidity Risk -Focus on Rate of Return Risk Case Studies & Discussion : -Case Study – 2: Financial Distress and Failure of Non-IIFS -Case Study – 3: Failure of an IIFS : A Risk Management Perspective Special Session on Recent Developments in Risk Management Practices and Recent Financial Crisis

Day 2
18/10/2011
WORKSHOP ON IFSB-3 : GUIDING PRINCIPLES ON CORPORATE GOVERNANCE FOR INSTITUTIONS OFFERING ONLY ISLAMIC FINANCIAL SERVICES (EXCLUDING ISLAMIC INSURANCE (TAK&ACIRC;FUL) INSTITUTIONS AND ISLAMIC MUTUAL FUNDS BY MR.&NBSP;ABOZER MAJZOUB

WORKSHOP ON&NBSP;IFSB-10 : GUIDING PRINCIPLES ON SHAR&ICIRC;AH GOVERNANCE SYSTEMS FOR INSTITUTIONS OFFERING ISLAMIC FINANCIAL SERVICES BY MR. ABDELILAH BELATIK

09:30 – 11:00
Session 4 IFSB-3 : Guiding Principles on Corporate Governance for Institutions offering only Islamic Financial Services (Excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds : -Overview of Corporate Governance -Understanding the Motivating Factors -Defining ‘Corporate Governance’ (CG) and ‘Stakeholders’ in the Context of IIFS -Corporate Governance (CG) Issues Specific to IIFS -An Insight of the IFSB Guiding Principles of CG for IIFS -Recommendations of the IFSB-3

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 5 IFSB-3 : Guiding Principles on Corporate Governance for Institutions offering only Islamic Financial Services (Excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds : Case Studies & Discussion : -Case Study – 1 -Case Study – 2

13:00 – 14:00
Lunch

14:00 – 16:00
Session 6 IFSB-10 : Guiding Principles on Sharîah Governance Systems for Institutions offering Islamic Financial Services : -Overview of Sharîah Governance Systems -General Approach to Sharîah Governance Systems -Criteria for Sound Sharîah Governance Systems -Case Study & Discussion

Day 3
19/10/2011
WORKSHOP ON GN-4 : GUIDANCE NOTE IN CONNECTION WITH THE IFSB CAPITAL ADEQUACY STANDARD: THE DETERMINATION OF ALPHA IN THE CAPITAL ADEQUACY RATIO FOR INSTITUTIONS (OTHER THAN INSURANCE INSTITUTIONS) OFFERING ONLY ISLAMIC FINANCIAL SERVICES BY MR. JAMSHAID ANWAR CHATTHA

WORKSHOP ON&NBSP;IFSB-5 : GUIDANCE ON KEY ELEMENTS IN THE SUPERVISORY REVIEW PROCESS FOR IIFS (EXCLUDING ISLAMIC INSURANCE (TAK&ACIRC;FUL) INSTITUTIONS AND ISLAMIC MUTUAL FUNDS) BY MR. ABOZER MAJZOUB

09:30 – 11:00
Session 7 GN-4 : Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio for Institutions (other than Insurance Institutions) offering only Islamic Financial Services. Case Study & Discussion : -Case Study – 1: Calculation and Determination of Alpha for CAR

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 8 IFSB-5 : Guidance on Key Elements in the Supervisory Review Process for IIFS (excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds): -Infrastructure for Effective Supervision -Regulatory Capital Requirements -Treatment of IAH -Risk Management and Corporate Governance (RM, CG, Audit and Compliance) -Related Party Transactions

13:00 – 14:00
Lunch

14:00 – 16:00
Session 9 IFSB-5 : Guidance on Key Elements in the Supervisory Review Process of Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds) : -Disclosure to Promote Transparency and Market Discipline -Consolidated and Home-host Supervision -Window Operations -Real Estate Investments -Case Analysis – 1 & Discussion -Case Analysis – 2 & Discussion

16:00 – 16:30
Closing Ceremony Dr. Riyad Hindawi, Manager, Institute of Banking Studies, Jordan

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

IFSB-FIS Workshop Series (Morocco) : Workshops on Risk Management, Supervisory Review Process and Capital Adequacy for Sukûk
2011-10-31 09:00 - 2011-11-02 16:00 | Bank Al-Maghrib, Casablanca, Morocco
This IFSB-FIS Workshop is hosted by Bank Al-Maghrib, Morocco. This Workshop will address the following IFSB Standards and Guidance Note: IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) IFSB-5: Guidance on Key Elements in the Supervisory Review Process of Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds IFSB-7: Capital Adequacy Requirements for Sukûk, Securitisations and Real Estate investment GN-2: Guidance Note in Connection with the Risk Management and Capital Adequacy Standards: Commodity Murâbahah Transactions Participation in the Workshop is by INVITATION only. For more information on the Workshop, please email to Ms. Yazmin Aziz at yazmin@ifsb.org.
Programme – Event Session(s)

Date
Time
Topics

Day 1
31/10/2011
WORKSHOP ON ISLAMIC FINANCE : CONCEPT, CONTRACT AND RISK IMPLICATIONS FOR INSTITUTIONS (OTHER THAN INSURANCE INSTITUTIONS) OFFERING ONLY ISLAMIC FINANCIAL SERVICES (IIFS)
WORKSHOP ON IFSB-1 : GUIDING PRINCIPLES OF RISK MANAGEMENT FOR INSTITUTIONS (OTHER THAN INSURANCE INSTITUTIONS) OFFERING ONLY ISLAMIC FINANCIAL SERVICES (IIFS)

09:00 – 09:30
Registration

09:30 – 09:45
Opening Session Mr. Abdelilah Belatik, Assistant Secretary-General, Islamic Financial Services Board Mr. Abderrahim Bouazza, Head of Banking Supervision Department, Bank Al Maghrib

09:45 – 11:00
Session 1 : Islamic Finance: Concepts, Contracts, and Risk Implications on IIFS Concepts, Contracts and Application for: -Sale and Lease Based; -Equity-Based and -Sukuk and Islamic Collective Investment Schemes (ICIS) Risk Implications on IIFS

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 2 : IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) -Focus on Credit Risk -Focus on Equity Risk -Focus on Operational Risk

13:00 – 14:00
Lunch & Prayer

14:00 – 16:00
Session 3 : IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) -Focus on Market Risk -Focus on Liquidity Risk -Focus on Rate of Return Risk -Case Study 1 & Discussion : Failure of an IIFS-A: Risk Management Perspective

Day 2
01/11/2011
WORKSHOP ON GN-2 : GUIDING NOTE IN CONNECTION WITH THE RISK MANAGEMENT AND CAPITAL ADEQUACY STANDARDS: COMMODITY MURABAHAH TRANSACTIONS
WORKSHOP ON IFSB-7 : CAPIRAL ADEQUACY REQUIREMENTS FOR SUKUK, SECURITISATION AND REAL ESTATE INVESTMENT

09:30 – 11:00
Session 4 : GN-2: Guidance Note in Connection with the Risk Management and Capital Adequacy Standards: Commodity Murâbahah Transactions -Case Study 1: Commodity Murâbahah Transactions and Failure of an IIFS

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 5 : IFSB-7: Capital Adequacy Requirements for Sukuk, Securitization and Real Estate Investment

13:00 – 14:00
Lunch & Prayer

14:00 – 16:00
Session 6 : IFSB-7: Capital Adequacy Requirements for Sukuk, Securitization and Real Estate Investment (cont.) Case Studies & Discussion

Day 3
02/11/2011
WORKSHOP ON IFSB-5 : GUIDANCE ON KEY ELEMENTS IN THE SUPERVISORY REVIEW PROCESS OD INSTITUTIONS OFFERING ISLAMIC FINANCIAL SERVICES (EXCLUDING ISLAMIC INSURANCE (TAKAFUL) INSTITUTIONS AND ISLAMIC MUTUAL FUNDS)
OPEN SESSION ON PRUDENTIAL AND REGULATORY FRAMEWORK FOR ISLAMIC FINANCE

09:30 – 11:00
Session 7 : Prudential and Regulatory Framework for IIFS Overview of the Regulatory Framework for IIFS IFSB-5: Guidance on Key Elements in the Supervisory Review Process of Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds) -Necessary Conditions for Effective Supervision -Consolidated Home-Host Supervision -Supervisory Issues in Islamic Windows

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 8 : Prudential and Regulatory Framework for IIFS (cont.)

13:00 – 14:00
Lunch & Prayer

14:00 – 16:00
Session 9 : Open Session on Prudential and Regulatory Framework for Islamic Finance

16:00 – 16:30
Closing Ceremony Mr. Abderrahim Bouazza, Head of Banking Supervision Department, Bank Al Maghrib

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

The IFSB Public Hearing on Exposure Drafts 12 and 13
2011-11-16 09:00 - 11:30 | Sasana Kijang, Bank Negara Malaysia, Kuala Lumpur, Malaysia
The Workshop will cover the followings: 1) Exposure Draft 12: Guiding Principles on Liquidity Risk Management for Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takaful) Institutions and Islamic Collective Investment Schemes) 2) Exposure Draft 13: Guiding Principles on Stress Testing for Institutions offering Islamic Financial Services (other than Islamic Insurance (Takaful) Institutions and Islamic Collective Investment Schemes) For more information on the Public Hearing, please email to Ms. Ismawaty Ismail at ismawaty@ifsb.org.

Programme – Event Session(s)

Date
Time
Topics

Day 1
16/11/2011
09:00 – 09:30
Registration

09:30 – 10:00
Presentation on Exposure Draft – 12: Guiding Principles on Liquidity Risk Management for Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takaful) Institutions and Islamic Collective Investment Schemes)

10:00 – 10:30
Question and Answer

10:30 – 11:00
Presentation on Exposure Draft – 13: Guiding Principles on Stress Testing for Institutions offering Islamic Financial Services (other than Islamic Insurance (Takaful) Institutions and Islamic Collective Investment Schemes)

11:00 – 11:30
Question and Answer

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

4th Islamic Financial Stability Forum : Strengthening Financial Safety Nets: Sharī`ah Compliant Lender of last Resort (LOLR) Facilities and Emergency Financing Mechanisms and Deposit Insurance
2011-11-17 14:30 - 16:00 | Kuala Lumpur, Kuala Lumpur, Malaysia, Malaysia
The IFSB organised its 4th Islamic Financial Stability Forum (4th IFSF) on 17 November 2011 in Kuala Lumpur, Malaysia.

The 4th IFSF was held in conjunction with the 19th Council Meeting of the IFSB.

Programme – Event Session(s)

Date
Time
Topics

Day 1
17/11/2011
14:30 – 14:40
Opening Remarks H.E. Mohammed Said Shahin, Governor, Central Bank of Jordan

14:40 – 15:20
Session 1: The role of central banks and monetary authorities in the development of adequate infrastructure and instruments for Sharī`ah-compliant Lender of Last Resort (LOLR) facilities and emergency financing mechanisms Main impediments to the development of infrastructure and instruments for Sharī`ah-compliant LOLR facilities and emergency financing mechanisms; Required characteristics of instruments for use in Sharī`ah-compliant LOLR facilities; Cross-border Sharī`ah-compliant LOLR facilities and the need for coordination among regulatory and supervisory authorities. Speaker: H.E. Dr Halim Alamsyah, Deputy Governor, Bank Indonesia Discussant: Ms Claire Louis McGuire, Senior Financial Sector Specialist, Financial and Private Sector Development Unit, The World Bank

15:20 – 16:00
Session 2: The implementation of Sharī`ah compliant deposit insurance schemes for Islamic financial services industry Appropriate models for Sharī`ah-compliant Deposit Insurance Schemes; Governance issues in Sharī`ah-compliant Deposit Insurance Schemes; Regulatory, legal and Sharī`ah issues related to Sharī`ah-compliant Deposit Insurance Schemes. Speaker: Mr Md Khairuddin Bin Hj Arshad, Chief Operating Officer, Malaysia Deposit Insurance Corporation Discussant: Dr. Abdel Gadir Mohammed Salih, General Manager, Bank Deposit Security Fund Sudan

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

IFSB-FIS Workshop on IFSB Standards for Regulatory and Supervisory Authorities of the IFSB Member Countries
2011-11-21 09:00 - 2011-11-25 17:00 | Training Room 2.1 & 2.2, Sasana Kijang, Bank Negara Malaysia, Kuala Lumpur, Malaysia
Participation in the Workshop is by INVITATION only. This workshop will address the following IFSB Standards and Guidance Notes: -IFSB-1 : Risk Management -IFSB-2 : Capital Adequacy -IFSB-3: Corporate Governance -IFSB-4: Transparency and Market Discipline -IFSB-5: Supervisory Review Process -IFSB-7: Capital Adequacy Requirements for Sukûk & Securitisations and Real Estate Investments -IFSB-10: Sharîah Governance Systems -GN-1: Guidance Note In Connection with the Capital Adequacy Standard: Recognition of Ratings by External Credit Assessment Institutions (ECAIs) on Shari`ah-Compliant Financial Instruments -GN-2: Guidance Note in Connection with the Risk Management and Capital Adequacy Standards: Commodity Murâbahah Transactions -GN-3: Guidance Note on the Practice of Smoothing the Profits Payout to Investment Account Holders -GN-4: Guidance Note In Connection with the Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio For more information on the Workshop, please email to Ms. Yazmin Aziz at yazmin@ifsb.org

Programme – Event Session(s)

Date
Time
Topics

Day 1
21/11/2011
ISLAMIC FINANCE : CONCEPT & CONTRACTS AND RISKS IMPLICATION FOR IIFS

IFSB-1 : GUIDING PRINCIPLES OF RISK MANAGEMENT FOR INSTITUTIONS (OTHER THAN INSURANCE INSTITUTIONS) OFFERING ONLY ISLAMIC FINANCIAL SERVICES

09:00 – 09:30
Registration

09:30 – 09:50
Opening Session

09:50 – 11:15
Session 1 Islamic Finance : Concept & Contracts and Risks Implication for IIFS

11:15 – 11:30
Coffee Break

11:30 – 13:00
Session 2 IFSB-1 : Guiding Principles of Risk Management for Institutions (Other than Insurance Institutions) Offering only Islamic Financial Services • Focus on Credit Risk & Supervisory Perspective • Focus on Equity Risk & Supervisory Perspective • Focus on Operational Risk & Supervisory Perspective

13:00 – 14:00
Lunch & Prayer

14:00 – 15:00
Session 3 IFSB-1 : Guiding Principles of Risk Management for Institutions (Other than Insurance Institutions) Offering only Islamic Financial Services (cont.) • Focus on Market Risk & Supervisory Perspective • Focus on Liquidity Risk & Supervisory Perspective • Focus on Rate of Return Risk & Supervisory Perspective

15:00 – 15:30
Coffee Break

15:30 – 17:00
Session 4 Intensive Case Study 1 and Discussions : Managing Shari’ah Non-Compliance and Legal Risk in IIFS Intensive Case Study 2 and Discussions : Failure of an IIFS :A Risk Management Perspective Sharing experiences on Risk Management Practices in the IFSB member Countries

Day 2
22/11/2011
IFSB-2 : CAPITAL ADEQUACY STANDARD FOR INSTITUTIONS (OTHER THAN INSURANCE INSTITUTIONS) OFFERING ONLY ISLAMIC FINANCIAL SERVICES (IIFS)

GN-2: GUIDANCE NOTE IN CONNECTION WITH THE RISK MANAGEMENT AND CAPITAL ADEQUACY STANDARDS: COMMODITY MUR&ACIRC;BAHAH TRANSACTIONS

09:30 – 11:00
Session 5 Why do we need for capital regulations? Why international framework such as of BCBS (Basel) on Capital adequacy is not applicable to IIFS? How does IFSB Capital Adequacy framework differ with Basel framework in terms of Numerator (i.e. eligible capital) and Denominator (i.e. Credit risk, Market risk, and Operational risk)? IFSB-2 : Capital Adequacy Standard for Institutions (other than Insurance Institutions) Offering only Islamic Financial Services (IIFS) • Overview of Capital Adequacy Standard • Capital Adequacy Formulas

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 6 Measurement of Capital Adequacy Requirements for Credit Risk • Credit Risk Mitigation • Examples • Group Exercise

13:00 – 14:00
Lunch & Prayer

14:00 – 15:30
Session 7 Measurement of Capital Adequacy Requirements for Market Risk • Examples • Group Exercise • Group Discussion on Regulatory Approaches for Applying Risk Weights on Profit Sharing Modes

15:30 – 16:00
Coffee Break

16:00 – 17:00
Session 8 Measurement of Capital Adequacy Requirements for Operational Risk • Individual Exercise Capital Requirements for Islamic Financing Contracts GN-2 : Guidance Note in Connection with the Risk Management and Capital Adequacy Standards: Commodity Murâbahah Transactions

Day 3
23/11/2011
GN-4 : GUIDANCE NOTE IN CONNECTION WITH THE CAPITAL ADEQUACY STANDARD: THE DETERMINATION OF ALPHA IN THE CAPITAL ADEQUACY RATIO

GN-1 : GUIDANCE NOTE IN CONNECTION WITH THE CAPITAL ADEQUACY STANDARD: RECOGNITION OF RATINGS BY EXTERNAL CREDIT ASSESSMENT INSTITUTIONS (ECAIS) ON SHAR&ICIRC;’AH-COMPLIANT FINANCIAL INSTRUMENTS

IFSB-7 : CAPITAL ADEQUACY REQUIREMENTS FOR SUK&UCIRC;K & SECURITISATIONS AND REAL ESTATE INVESTMENTS

09:30 – 11:00
Session 9 GN-4: Guidance Note In Connection with the Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio • Case Study & Discussion : The Determination of Alpha and Displaced Commercial Risk

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 10 Comprehensive Case Study & Discussion on IFSB-2 : Capital Adequacy for IIFS GN-1: Guidance Note in Connection with the Capital Adequacy Standard: Recognition of Ratings by External Credit Assessment Institutions (ECAIs) on Sharî’ah-Compliant Financial Instruments Sharing Experiences on Capital Adequacy Requirements in the IFSB Member Countries

13:00 – 14:00
Lunch & Prayer

14:00 – 15:30
Session 11 IFSB-7 : Capital Adequacy Requirements for Sukûk & Securitisations and Real Estate Investments

15:30 – 16:00
Coffee Break

16:00 – 17:00
Session 12 IFSB-7 : Capital Adequacy Requirements for Sukûk & Securitisations and Real Estate (cont.) Case Study & Discussion

Day 4
24/11/2011
IFSB-3 : GUIDING PRINCIPLES ON CORPORATE GOVERNANCE FOR INSTITUTIONS OFFERING ONLY ISLAMIC FINANCIAL SERVICES (EXCLUDING ISLAMIC INSURANCE (TAKAFUL) INSTITUTIONS AND ISLAMIC MUTUAL FUNDS

IFSB-10 : GUIDING PRINCIPLES ON SHARIAH GOVERNANCE SYSTEMS FOR INSTITUTIONS OFFERING ISLAMIC FINANCIAL SERVICES

GN-3 : GUIDANCE NOTE ON THE PRACTICE OF SMOOTHING THE PROFITS PAYOUT TO INVESTMENT ACCOUNT HOLDERS

09:30 – 11:00
Session 13 IFSB-3 : Guiding Principles on Corporate Governance for Institutions Offering Only Islamic Financial Services (Excluding Islamic Insurance (Takaful) Institutions and Islamic Mutual Funds • Overview of Corporate Governance • Recommended Best Practices on Corporate Governance for the IIFS

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 14 Recommended Best Practices on Corporate Governance for the IIFS (cont.) GN-3 : Guidance Note on the Practice of Smoothing the Profits Payout to Investment Account Holders Case Studies on IFSB-3

13:00 – 14:00
Lunch & Prayer

14:00 – 16:00
Session 15 IFSB-10 : Guiding Principles On Shariah Governance Systems For Institutions Offering Islamic Financial Services • Overview of Shari’ah Governance Systems • General Approach to Shari’ah Governance Systems Criteria for Sound Shari’ah Governance Systems Case Studies Sharing Experiences on Corporate Governance & Shari’ah Governance for IIFS in the IFSB Member Countries

16:00 – 16:30
Coffee Break

Day 5
25/11/2011
IFSB-4 : DISCLOSURES TO PROMOTE TRANSPARENCY AND MARKET DISCIPLINE FOR INSTITUTIONS OFFERING ISLAMIC FINANCIAL SERVICES (EXCLUDING ISLAMIC INSURANCE (TAKAFUL) INSTITUTIONS AND ISLAMIC MUTUAL FUNDS)

IFSB-5 : GUIDANCE ON KEY ELEMENTS IN THE SUPERVISORY REVIEW PROCESS OF INSTITUTIONS OFFERING ISLAMIC FINANCIAL SERVICES (EXCLUDING ISLAMIC INSURANCE (TAK&ACIRC;FUL) INSTITUTIONS AND ISLAMIC MUTUAL FUNDS)

09:30 – 11:00
Session 16 IFSB-4 : Disclosures to Promote Transparency and Market Discipline for Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takaful) Institutions and Islamic Mutual Funds) • Overview of Transparency and Market Discipline • Recommended Disclosures for IIFS

11:00 – 11:30
Coffee Break

11:30 – 12:30
Session 17 IFSB-5 : Guidance on Key Elements in the Supervisory Review Process of Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds) • Overview of Supervisory Review Process • Necessary Conditions for Effective Supervision • Consolidated Home-Host Supervision • Supervisory Issues in Islamic Windows

12:30 – 14:30
Lunch and Juma’ah Prayer

14:30 – 15:30
Session 18 Case Studies & Discussion on Supervisory Review Process Sharing Experiences on Supervisory Review Process for IIFS in the IFSB Member Countries

15:30 – 16:00
Closing Ceremony

16:00 – 16:30
Coffee Break

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Map to Sasana Kijang

IFSB Roundtable Discussion on Standard on Solvency Requirements for Takāful (Islamic Insurance) Undertakings
2011-11-23 13:30 - 17:30 | Kings Court Room, Cinnamon Lakeside Hotel, Colombo, Sri Lanka
Since the IFSB-11: Standard on Solvency Requirements for Takāful (Islamic Insurance) Undertakings was published in December 2010, the Standard has received various feedback from the public with regards to its applicability to the existing Takāful operators (TO). Many TOs have the impression that the IFSB did not address the pertinent issues with regards to the fungibility of the Shareholders’ Fund and the Participants’ Funds. The Global Takāful Group (GTG) has expressed its wish to be heard. This IFSB Roundtable Discussion is hoped to assist the GTG understand better the true intention of the document. This Roundtable Discussion is supported by Prudential HK Limited and Amana Takaful and participation is by Invitation Only. For more information, please email to Ms. Yazmin Aziz at yazmin@ifsb.org.

Programme – Event Session(s)

Date
Time
Topics

Day 1
23/11/2011
13:30 – 15:00
Session 1 Overview of the 7 Key Features of IFSB-11 Issues to be discussed: -Takāful versus Insurance -Earmarked Qarḍ -Solvency by Funds

15:00 – 15:30
Coffee Break & Networking

15:30 – 17:30
Session 2 IFSB’s Viewpoint on Solvency Requirements for Takāful Issues to be discussed: -Imposition of Qarḍ -Artificial Deficit of Funds

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

Roundtable on Regulating Institutions Offering Islamic Financial Services (IIFS): Risk Management Lessons Learned from the Crisis
2011-12-13 08:30 - 14:00 | Al Ghazal 2, The Ritz-Carlton Bahrain Hotel & Spa, Manama, Bahrain
This IFSB Roundtable is hosted by the Central Bank of Bahrain and supported by Deloitte IFKC. Many financial sector and regulatory practices have contributed to the recent financial crisis, but foremost among these were important failures in risk management practices and processes, as well as weaknesses in many parts of the financial services sector. This Roundtable aims to shed light on the current practices of risk management in the institutions offering Islamic financial services (IIFS) and how regulatory and supervisory authorities can benefit in reshaping the regulation for the Islamic financial services industry (IFSI). The Roundtable aims to benefit professionals involved in risk management specifically in the Islamic banking sector. Participation is by invitation only.

Programme – Event Session(s)

Date
Time
Topics

Day 1
13/12/2011
08:30 – 09:30
Registration

09:30 – 11:00
Session 1: Current state of the risk management in the IIFS New emerging products and services creating new levels of risk and complexities Concentration or excessive leveraging in various IIFS portfolios Key risk management lessons learned by the IIFS from the crisis and potential challenges

11:00 – 11:30
Coffee and Networking Break

11:30 – 13:00
Session 2: Regulatory aspects of risk management IIFS cross-sectoral exposures and concern for supervisory authorities Systemic risk management Sharī`ah non-compliance and legal risks identifying and regulating systemic risk enterprise risk management for systemic risk Implications of the evolving risks facing the IFSI to supervisory authorities Incentives, risk management, governance and transparency Will better transparency improve financial stability?

13:00 – 14:00
Lunch and End of Roundtable

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Speakers Profile

The IFSB Public Hearing on Exposure Drafts 12 and 13
2011-12-14 09:00 - 11:15 | Al-Ghazal 1 Room, The Ritz-Carlton, Bahrain Hotel & Spa, Manama, Bahrain
The Public Hearing will cover the followings: 1) Exposure Draft 12: Guiding Principles on Liquidity Risk Management for Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takaful) Institutions and Islamic Collective Investment Schemes) 2) Exposure Draft 13: Guiding Principles on Stress Testing for Institutions offering Islamic Financial Services (other than Islamic Insurance (Takaful) Institutions and Islamic Collective Investment Schemes) For more information on the Public Hearing, please email to Ms. Ismawaty Ismail at ismawaty@ifsb.org.

Programme – Event Session(s)

Date
Time
Topics

Day 1
14/12/2011
09:00 – 09:30
Registration

09:30 – 10:00
Presentation on Exposure Draft – 12: Guiding Principles on Liquidity Risk Management for Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takaful) Institutions and Islamic Collective Investment Schemes)

10:00 – 10:30
Question and Answer

10:30 – 11:00
Presentation on Exposure Draft – 13: Guiding Principles on Stress Testing for Institutions offering Islamic Financial Services (other than Islamic Insurance (Takaful) Institutions and Islamic Collective Investment Schemes)

11:00 – 11:30
Question and Answer

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

Seminar on Emerging Shari`ah Issues in Regulatory Capital and Risk Management in Islamic Banking
2012-01-17 08:30 - 2012-01-18 17:00 | Songket Hall 2, Level 4, Rizqun International Hotel, Gadong, Bandar Sri Begawan, Brunei Darussalam
This IFSB Seminar is hosted by the Autoriti Monetari Brunei Darussalam and supported by the Centre for Islamic Banking, Finance and Management, Brunei Darussalam. This one and a half-day seminar aims to discuss Shari`ah issues emerging from the regulatory capital requirement for institutions offering Islamic financial services in light of international regulatory developments such as Basel III. In this respect, the Seminar will examine current issues relating to the utilisation of funding, sources of funds and market practices on the management of risks, and their impacts to the capital regulatory requirement. For more information on the Seminar, please email to Ms. Puteri at puteri@ifsb.org

Programme – Event Session(s)

Date
Time
Topics

Day 1
17/01/2012
08:30 – 09:30
Registration

09:30 – 10:30
Opening and Welcoming Remarks

10:30 – 11:00
Coffee break & Networking

11:00 – 12:30
Session 1 : Regulatory Capital This session aims to address relevant Sharī`ah issues in stipulating the regulatory capital for Islamic banks, especially in the backdrop of international regulatory developments such as Basel III.

12:30 – 14:00
Lunch and Prayers

14:00 – 15:30
Session 2: Credit and Equity Investment Risks This session will discuss the pertinent Sharī`ah and prudential issues in managing credit risk by Islamic banks

15:30 – 17:00
Session 3: Market and Operational Risks This session will examine current and emerging market practices as well as regulatory considerations in the management of market and operational risks by Islamic banks

Day 2
18/01/2012
09:30 – 10:00
Morning Coffee and Networking

10:00 – 11:30
Session 4: Profit-Sharing Investment Accounts (PSIA) and Sharī`ah-compliant Deposits This session aims to highlight Sharī`ah and regulatory considerations arising out of PSIA and other types of deposit schemes offered by Islamic banks

11:30 – 13:00
Session 5: Panel Discussion on Contemporary Sharī`ah Issues in Light of the Rapid Industry Development and Dynamic Regulatory Framework

13:00 – 14:30
Lunch END OF SEMINAR

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

Workshop on Islamic Finance
2012-01-26 14:00 - 18:00 | Room CIV (2nd floor Eurotower), European Central Bank, Frankfurt, Germany
This Workshop is hosted by the European Central Bank and participation in this Workshop is by Invitation only. For more information, please email to Ms. Yazmin Aziz at yazmin@ifsb.org

Programme – Event Session(s)

Date
Time
Topics

Day 1
26/01/2012
14:00 – 14:30
Registration

14:30 – 14:50
Opening & Keynote Session

14:50 – 15:40
Session 1 : Overview of Islamic Finance: Banking, Capital Markets and Takāful in the run-up to the crisis

15:40 – 16:00
Coffee and Networking Break

16:00 – 17:00
Session 2: Empirical Evidence on the Impact of Islamic Banking on Financial Stability

17:00 – 17:40
Session 3: Islamic Finance and the Financial Crisis : Lessons for the Interaction with Traditional Western Finance

17:40 – 18:00
Coffee & Networking

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Hotels In Frankfurt

IFSB FIS Workshop Series (Maldives) : IFSB-6, IFSB-7, IFSB-9 and IFSB-10
2012-02-22 09:00 - 2012-02-23 17:00 | Islamic Centre Hall, Ministry of Islamic Affairs, Male, Maldives
This Workshop has been postponed to a later date.

Programme – Event Session(s)

Date
Time
Topics

Day 1
22/02/2012
09:00 – 09:30
Registration

09:30 – 09:50
Opening Session

09:50 – 11:15
Session 1: Introduction to Islamic Capital Market Concept and contracts in Islamic Finance Overview of key Islamic capital market products – Sukūk – Sharī`ah compliant stocks and indexes – Islamic collective investment schemes

11:15 – 11:30
Coffee Break

11:30 – 13:00
Session 2: IFSB-7: Capital Adequacy Requirements for Sukūk, Securitisation and Real Estate Investment Overview of prudential issues in sukūk instruments

13:00 – 14:00
Lunch & Prayer

14:00 – 15:30
Session 3: IFSB-7: Capital Adequacy Requirements for Sukūk, Securitisation and Real Estate Investment Prudential issues in sukūk instruments (case study)

15:30 – 16:00
Coffee Break

16:00 – 17:00
Session 4: IFSB-6: Guiding Principles on Governance for Islamic Collective Investment Schemes

Day 2
23/02/2012

09:30 – 11:00
Session 5: IFSB-6: Guiding Principles on Governance for Islamic Collective Investment Schemes Recommended best practices and case studies

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 6: IFSB-9: Guiding Principles on Conduct of Business for Institutions Offering Islamic Financial Services

13:00 – 14:00
Lunch & Prayer

14:00 – 15:30
Session 7: IFSB-10: Guiding Principles on Sharī`ah Governance System for Institutions Offering Islamic Financial Services

15:30 – 16:00
Coffee Break

16:00 – 17:00
Session 8: IFSB-10: Guiding Principles on Sharī`ah Governance System for Institutions Offering Islamic Financial Services Case studies

17:00 – 17:30
Closing Ceremony

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

IFSB-FIS Workshops on the IFSB Standards for Institutions offering Islamic Financial Services
2012-03-07 09:00 - 2012-03-08 17:00 | Meeting Room 2, Level 4, Lanai Kijang, Bank Negara Malaysia, kuala lumpur, Malaysia
This Workshop is hosted by Bank Negara Malaysia. This Workshop will address the following IFSB Standards and Guidance Principles: IFSB-3: Guiding Principles on Corporate Governance for Institutions Offering only Islamic Financial Services (Excluding Islamic Insurance (Takāful) Institutions and Islamic Mutual Funds IFSB-4: Disclosures to Promote Transparency and Market Discipline for Institutions Offering Islamic Financial Services (excluding Islamic Insurance (Takāful) Institutions and Islamic Mutual Funds) IFSB-9: Guiding Principles on Conduct of Business for Institutions Offering Islamic Financial Services IFSB-10: Guiding Principles on Sharī`ah Governance Systems for Institutions Offering Islamic Financial Services Participation in the Workshop is by INVITATION only. For more information on the Workshop, please email to Ms. Yazmin Aziz at yazmin@ifsb.org.

Programme – Event Session(s)

Date
Time
Topics

Day 1
07/03/2012
09:00 – 09:30
Registration

09:30 – 09:45
Welcoming Remark

09:45 – 11:00
Session 1 – IFSB-3: Guiding Principles on Corporate Governance for Institutions Offering only Islamic Financial Services (Excluding Islamic Insurance (Takāful) Institutions and Islamic Mutual Funds) (IIFS) Overview of IFSB-3: Guiding Principles on Corporate Governance for IIFS Understanding the motivating factors Defining ‘corporate governance’ and ‘stakeholders’ in the context of IIFS Corporate governance issues specific to IIFS

11:00 – 11:15
Coffee Break

11:15 – 13:00
Session 2 – IFSB-3: Guiding Principles on Corporate Governance for Institutions Offering only Islamic Financial Services (Excluding Islamic Insurance (Takāful) Institutions and Islamic Mutual Funds) (IIFS) Recommendations of IFSB-3: Guiding Principles on Corporate Governance for IIFS Case Studies on IFSB-3: Guiding Principles on Corporate Governance for IIFS

13:00 – 14:00
Lunch & Prayer

14:00 – 15:30
Session 3 – IFSB-10: Guiding Principles on Sharī`ah Governance Systems for Institutions offering Islamic Financial Services (IIFS) Overview of IFSB-10: Sharī`ah Governance Systems for IIFS General Approach to Sharī`ah Governance Systems for IIFS Criteria for sound Sharī`ah Governance Systems for IIFS

15:30 – 15:45
Coffee Break

15:45 – 17:00
Session 4 – IFSB-10: Guiding Principles on Sharī`ah Governance Systems for Institutions Offering Islamic Financial Services (IIFS) Case Studies on IFSB-10: Guiding Principles on Sharī`ah Governance Systems for IIFS

Day 2
08/03/2012
09:30 – 11:00
Session 5 – IFSB-4: Disclosures to Promote Transparency and Market Discipline for Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takāful) Institutions and Islamic Mutual Funds) (IIFS) Overview of IFSB-4: Disclosures to Promote Transparency and Market Discipline (TMD) for IIFS IFSB-4 Necessary Conditions for Effective TMD IFSB-4 Recommended Disclosures for IIFS

11:00 – 11:15
Coffee Break

11:15 – 13:00
Session 6 – IFSB-4: Disclosures to Promote Transparency and Market Discipline for Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takāful) Institutions and Islamic Mutual Funds) (IIFS) IFSB-4 Recommended Disclosures for IIFS (Cont’d) IFSB-4 Implementation Issues and Challenges Case Studies on IFSB-4: Disclosures to Promote TMD for IIFS

13:00 – 14:00
Lunch & Prayer

14:00 – 15:30
Session 7 – IFSB-9: Guiding Principles on Conduct of Business for Institutions Offering Islamic Financial Services (IIFS) An Insight into IFSB-9: Guiding Principles on Conduct of Business for IIFS

15:30 – 15:45
Coffee Break

15:45 – 17:00
Session 8 – IFSB-9: Guiding Principles on Conduct of Business for Institutions Offering Islamic Financial Services (IIFS) Case Studies on IFSB-9: Guiding Principles on Conduct of Business for IIFS

17:00 – 17:15
Closing Ceremony

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

IFSB Annual Meetings & Events 2012 (Seminar on Hedging & Credit Enhancement in Islamic Finance)
2012-03-28 09:00 - 14:30 | Al Ghazal 1, The Ritz-Carlton Hotel, Manama, Manama, Bahrain
The Seminar on Hedging and Credit Enhancement in Islamic Finance is jointly organised by the Islamic Financial Services Board (IFSB) and the International Islamic Financial Market (IIFM). Both the Seminar and Public Lecture will be held in conjunction with the 20th meeting of the Council and 10th General Assembly of the IFSB, hosted by the Central Bank of Bahrain.

Programme – Event Session(s)

Date
Time
Topics

Day 1
28/03/2012
SEMINAR ON HEDGING AND CREDIT ENHANCEMENT IN ISLAMIC CAPITAL MARKETS (ICM) PRODUCTS AND SERVICES

5TH PUBLIC LECTURE ON FINANCIAL POLICY AND STABILITY

09:00 – 09:30
Registration

09:30 – 10:00
Opening & Welcoming Addresses

10:00 – 11:00
Session 1 : Credit Enhancement in Islamic Capital Markets (ICM) Products and Services Various Sharῑ`ah-compliant credit enhancement mechanisms used in ICM products and services Credit Rating: How the different types of credit enhancement affects the credit rating of Sukūk

11:00 – 11:30
Coffee and Networking Break

11:30 – 12:30
Session 2 : Overview of Sharῑ `ah-Compliant Alternative Instruments to Hedging Mechanism Recent developments in hedging in the Islamic Financial Services Industry Sharῑ `ah-compliant alternatives to hedging tools: Features, Structures, Risks and Underlying Contracts Application of hedging mechanism in Islamic Capital Markets

12:30 – 13:30
Session 3 : Panel Discussion on Regulatory, Legal and Sharῑ `ah Issues in Sharῑ `ah-compliant alternatives to Hedging and Collateralisation Unresolved Sharῑ `ah and legal issues in hedging and collateral arrangements Emerging regulatory challenges of hedging and collateralisation in light of Basel III The way forward of such alternatives in light of current regulatory development

13:30 – 14:30
Lunch & Prayers

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

5th Islamic Financial Stability Forum : Effective Crisis Management and Resolution Framework
2012-03-29 14:00 - 16:20 | Manama, Manama, Bahrain, Bahrain
The IFSB organised its 5th Islamic Financial Stability Forum (5th IFSF) on 29 March 2012, in Manama, Bahrain.

The 5th IFSF was held in conjunction with the 20th Council Meeting of the IFSB, hosted by the Central Bank of Bahrain.

Programme – Event Session(s)

Date
Time
Topics

Day 1
29/03/2012
14:00 – 14:30
Registration

14:30 – 14:40
Opening Remarks H.E. Rasheed Al Maraj, Governor, Central Bank of Bahrain

14:40 – 15:20
Session 1 : Framework for Effective Insolvency Regimes for the Islamic Financial Services Industry Effective insolvency regimes and the implications for Islamic finance Regulatory, Sharī`ah and legal issues on insolvency regimes for the institutions offering Islamic financial services (IIFS) Cross-border and cross-sectoral issues and the need for coordination among regulatory and supervisory authorities for effective resolution Speaker: Mr. Vijay Srinivas Tata, Chief Counsel, Finance, Private Sector and Infrastructure, The World Bank Discussant: Mr. Inayat Hussain, Executive Director, State Bank of Pakistan

15:20 – 16:00
Session 2: Crisis Management in the Islamic Financial Services Industry Sharing experiences on managing crisis during financial turmoil Cross-border issues in crisis management from the Islamic finance perspective Impediments for effective crisis management in the Islamic financial services industry Speaker: Mr. Paul M. Koster, Chief Executive Officer, Dubai Financial Services Authority, UAE Discussant: H.E. Dr. Zeti Akhtar Aziz, Governor, Bank Negara Malaysia

16:00 – 16:20
Coffee and Networking Break

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

IFSB FIS Workshop Series (Nigeria): IFSB-4, IFSB-5, IFSB-7, GN-2.
2012-04-16 09:00 - 2012-04-20 16:30 | –, Bali, Indonesia
This Workshop is hosted by the Central Bank of Nigeria (CBN). These Workshops will cover the following IFSB Standards and Guiding Principles: •IFSB-1: Guiding Principles of Risk Management for Institutions (Other than Insurance Institutions) Offering only Islamic Financial Services •IFSB-2: Capital Adequacy Standard for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) •IFSB-4: Disclosures to Promote Transparency and Market Discipline for Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds) •IFSB-5: Guidance on Key Elements in the Supervisory Review Process of Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds) •IFSB-7: Capital Adequacy Requirements for Sukûk, Securitisations and Real Estate investment •GN-2: Guidance Note in Connection with the Risk Management and Capital Adequacy Standards: Commodity Murâbahah Transactions Participation in these Workshops are by INVITATION only. For more information on these Workshops, please email to Mrs. Azizakhon Yarlaeva at aziza@ifsb.org.

Programme – Event Session(s)

Date
Time
Topics

Day 1
16/04/2012
IFSB-FIS WORKSHOP DAY ONE

09:00 – 09:30
Registration

09:30 – 09:50
Opening Session

09:50 – 11:15
Session 1 IFSB-1: Guiding Principles of Risk Management for Institutions (Other than Insurance Institutions) Offering only Islamic Financial Services -Overview on IFSB-1 Guiding Principles on Risk Management for IIFS -Focus on Credit Risk & Supervisory Perspective -Group Exercise

11:15 – 11:30
Coffee Break

11:30 – 13:00
Session 2 IFSB-1: Guiding Principles of Risk Management for Institutions (Other than Insurance Institutions) Offering only Islamic Financial Services – Focus on Equity Investment Risk & Supervisory Perspective – Focus on Operational Risk & Supervisory Perspective -Group Exercises

13:00 – 14:00
Lunch & Prayers

14:00 – 16:00
Session 3 IFSB-1: Guiding Principles of Risk Management for Institutions (Other than Insurance Institutions) Offering only Islamic Financial Services -Focus on Market Risk & Supervisory Perspective -Focus on Liquidity Risk & Supervisory Perspective -Focus on Rate of Return Risk & Supervisory Perspective -Intensive Case Studies

16:00 – 16:30
Coffee Break

Day 2
17/04/2012
IFSB-FIS WORKSHOP DAY TWO

09:30 – 11:15
Session 4 IFSB-2: Capital Adequacy Standard for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) -Basel vs IFSB Capital Adequacy Framework -An overview of IFSB-2: Capital Adequacy Standard for IIFS -Measurement of Capital Adequacy Requirements for Credit Risk -Credit Risk Mitigation -Examples and Group Exercise

11:15 – 11:30
Coffee Break

11:30 – 13:00
Session 5 IFSB-2: Capital Adequacy Standard for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) -Measurement of Capital Adequacy Requirements for Credit Risk (Cont’d) -Measurement of Capital Adequacy Requirements for Market Risk -Group Exercise -Group Discussion on Regulatory Approaches for Applying Risk Weights on Profit Sharing Modes

13:00 – 14:00
Lunch & Prayer

14:00 – 16:00
Session 6 IFSB-2: Capital Adequacy Standard for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) -Measurement of Capital Adequacy Requirements for Operational Risk -Individual Exercise -Capital Adequacy Requirements for Islamic Financing Instruments

16:00 – 16:30
Coffee Break

Day 3
18/04/2012
IFSB-FIS WORKSHOP DAY THREE

09:30 – 11:00
Session 7 IFSB-2: Capital Adequacy Standard for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) -Comprehensive Case Study on Capital Adequacy for IIFS

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 8 GN-2: Guidance Note in Connection with the Risk Management and Capital Adequacy Standards: Commodity Murâbahah Transactions -Case Study on Commodity Murâbahah Transactions and implications for IIFS and Supervisors

13:00 – 14:00
Lunch & Prayer

14:00 – 16:00
Session 9 IFSB-7: Capital Adequacy Requirements for Sukūk & Securitisations and Real Estate Investments

16:00 – 16:30
Coffee Break

Day 4
19/04/2012
IFSB-FIS WORKSHOP DAY FOUR

09:30 – 11:00
Session 10 IFSB-7: Capital Adequacy Requirements for Sukūk & Securitisations and Real Estate Investments -Capital Requirements for Sukūk & Securitisations and Real Estate (Cont’d)

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 11 IFSB-7: Capital Adequacy Requirements for Sukūk & Securitisations and Real Estate Investments -Case Study for Sukūk and Securitisation

13:00 – 14:00
Lunch & Prayer

14:00 – 16:00
Session 12 IFSB-4: Disclosures to Promote Transparency and Market Discipline for Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takāful) Institutions and Islamic Mutual Funds) -Recommended Disclosures for IIFS

16:00 – 16:30
Coffee Break

Day 5
20/04/2012
IFSB-FIS WORKSHOP DAY FIVE

09:30 – 11:00
Session 13 IFSB-5: Guidance on Key Elements in the Supervisory Review Process of Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds) -Necessary Conditions for Effective Supervision -Capital adequacy, Risk Management and Corporate Governance -Related Party Transaction -Consolidated Home – Host Supervision -Supervisory Issues in Real Estate Investments -Supervisory Issues in Islamic Windows

11:00 – 11:30
Coffee Break

11:30 – 12:00
Session 14 IFSB-5: Guidance on Key Elements in the Supervisory Review Process of Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds) -Case Studies for IFSB-5 -Discussion and Q&A Session

12:00 – 12:15
Closing Ceremony

12:15 – 14:30
Lunch & Jumaat Prayers

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

9th Islamic Financial Services Board Summit - Global Financial Reforms: The Changing Regulatory Model and Islamic Finance
2012-05-16 09:00 - 2012-05-17 21:30 | Swissôtel The Bosphorus, Istanbul, Istanbul, Turkey
The Central Bank of the Republic of Turkey will be hosting the 9th Islamic Financial Services Board Summit 2012. * More information will be uploaded in due course. * For sponsorship opportunities, please contact siham@ifsb.org

Programme – Event Session(s)

Date
Time
Topics

Day 1
15/05/2012
PRE-SUMMIT EVENTS

IFSB COUNTRY SHOWCASES
SPECIAL SESSION ON ISLAMIC MICROFINANCE

09:00 – 11:30
IFSB Country Showcase 1 – TURKEY

11:00 – 13:30
IFSB Country Showcase 2 – MALAYSIA

14:00 – 17:30
Special Session on Promoting Financial Inclusion through Islamic Microfinance

17:00 – 18:00
Summit Pre-Registration

19:00 – 21:30
Summit Welcome Reception

Day 2
16/05/2012
9TH ISLAMIC FINANCIAL SERVICES BOARD SUMMIT (DAY 1)

08:30 – 09:30
Registration

09:30 – 10:30
Opening and Keynote Session

10:30 – 11:00
Coffee break & Networking

11:00 – 12:30
Session 1: International Regulatory Initiatives to Enhance Global Financial Stability Objective of the session: To provide a backdrop against which the Summit discussion will ensue by highlighting current and recent international regulatory develop. Among the issues to be discussed are: Existing initiatives and developments by international standard-setting bodies, and international intergovernmental organisations Islamic finance and the global convergence of financial reporting Role of rating agencies in enhancing global financial stability

12:30 – 14:00
Lunch and Prayers

14:00 – 15:30
Session 2: Impact of International Regulatory Initiatives on the Islamic Financial Services Industry Objective of the session: To discuss if, and how, the recent international regulatory initiatives have impacted on the stability, development and growth of the Islamic financial services industry. Among the issues to be discussed are: Clarity and provision of level playing field in the dual financial systems Issues and challenges of implementing Islamic finance in secular/non-shariah jurisdictions Differential impact on the market segments Emerging liquidity and risk management issues

15:30 – 16:00
Coffee break & Networking

16:00 – 17:30
Session 3: Regulatory Harmonisation and Cross-border Linkages in Islamic Finance Objective of the session: To discuss and gain understanding on the challenges of fostering cross-border linkages between the financial and real sectors. Among the issues to be discussed are: Islamic financial instruments such as Sukuk as tools to foster linkages Legal, regulatory, rating and Shari`ah challenges in cross-border linkages Case study/ies

19:00 – 21:30
Gala Dinner (Hosted by the Central Bank of the Republic of Turkey)

Day 3
17/05/2012
9TH ISLAMIC FINANCIAL SERVICES BOARD SUMMIT (DAY 2)

09:00 – 10:30
Session 4: Global Financial Infrastructure of Islamic Finance Objective of the session: To review the existing infrastructure and building blocks of Islamic finance in strengthening the stability and resilience of the industry. Among the issues to be discussed are: Mobilising a stronger international cooperation Prospects for central bank cross-border liquidity provision Challenges in emerging economies Financial reporting, transparency and market discipline

10:30 – 11:00
Coffee break & Networking

11:00 – 12:30
Session 5: Panel Discussion – Global Regulatory Reform and the Prospects for the Islamic Financial Services Industry Objective of the session: To bring together panellists from differing backgrounds and viewpoints to discuss the global regulatory reforms, their challenges and opportunities, in the context of their organisational roles, as well as future prospects of the industry.

12:30 – 14:00
Lunch (End of Summit)

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Summit Brochure

IFSB-FIS Workshops for Regulatory and Supervisory Authorities of the IFSB Member Countries for the Islamic Capital Market and Takaful Sectors
2012-05-28 08:00 - 2012-05-31 17:00 | Sasana Kijang, Bank Negara Malaysia, Kuala Lumpur, Malaysia
These Workshops will address the following IFSB Standards and Guidance Principles: • IFSB-6: Guiding Principles on Governance for Islamic Collective Investment Schemes • IFSB-7: Capital Adequacy Requirements for Sukūk, Securitisation and Real Estate Investment • IFSB-8: Guiding Principles on Governance for Takāful (Islamic Insurance) Undertakings • IFSB-9: Guiding Principles on Conduct of Business for Institutions Offering Islamic Financial Services • IFSB-10: Guiding Principles on Sharī`ah Governance Systems for Institutions Offering Islamic Financial Services • IFSB-11: Standard on Solvency Requirements for Takāful (Islamic Insurance) Undertakings Participation in these Workshops are by INVITATION only. For more information on these Workshops, please email to Mrs. Azizakhon Yarlaeva at aziza@ifsb.org.

Downloadable Document(s)

1.)

FIS Workshop programme – Islamic Capital Market

2.)

FIS Workshop programme – Takaful

IFSB FIS-Workshop on Islamic Capital Markets
2012-06-04 08:30 - 2012-06-06 16:30 | Sofitel Imperial Resort & Spa, Mauritius
This Workshop is hosted by the Financial Services Commission Mauritius (FSC). The Workshop will cover the following IFSB Standards and Guiding Principles: • IFSB-6: Guiding Principles on Governance for Islamic Collective Investment Schemes • IFSB-7: Capital Adequacy Requirements for Sukūk, Securitisations and Real Estate Investment • IFSB-9: Guiding Principles on Conduct of Business for Institutions Offering Islamic Financial Services • IFSB-10: Guiding Principles on Sharī’ah Governance System for Institutions Offering Islamic Financial Services Participation in the Workshop is BY INVITATION only. For more information on the Workshop, please email to Mrs. Azizakhon Yarlaeva at aziza@ifsb.org

Programme – Event Session(s)

Date
Time
Topics

Day 1
04/06/2012
IFSB-FIS WORKSHOP DAY ONE

08:30 – 09:00
Registration

09:00 – 09:05
Welcome Remarks

09:05 – 09:20
Opening Remarks by IFSB Representative

09:20 – 09:35
Opening Remarks by Chief Executive of the FSC Mauritius

09:35 – 11:00
Session 1 Public Talk – Islamic Finance Perspectives in Africa

11:00 – 11:30
Coffee Break

11:30 – 12:30
Session 2 Introduction to Islamic Capital Markets – Concept and contracts in Islamic Finance – Overview of Islamic Capital Markets – Sharī’ah-compliant Stocks and Equities – Islamic Collective Investment Schemes – Sukūk

12:30 – 14:00
Lunch & Prayer

14:00 – 16:00
Session 3 IFSB-7: Capital Adequacy Requirements for Sukūk, Securitisations and Real Estate Investment – Sukūk and Securitization – Considerations for holders of Sukūk – Consideration for originators and servicer etc.

16:00 – 16:30
Coffee Break

Day 2
05/06/2012
IFSB-FIS WORKSHOP DAY TWO

09:30 – 11:00
Session 4 IFSB-7: Capital Adequacy Requirements for Sukūk, Securitisations and Real Estate investment – Case study – Experience sharing session by Sudan Financial Services Company

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 5 IFSB-6: Guiding Principles on Governance for Islamic Collective Investment Schemes – Definition of Islamic Collective Investment Schemes (ICIS) – Motivating factors – Guiding principles and recommended best practices

13:00 – 14:00
Lunch & Prayer

14:00 – 16:00
Session 6 IFSB-6: Guiding Principles on Governance for Islamic Collective Investment Schemes – Guiding principles and recommended best practices – Case study

16:00 – 16:30
Coffee Break

Day 3
06/06/2012
IFSB-FIS WORKSHOP DAY THREE

09:30 – 11:15
Session 7 IFSB-9: Guiding Principles on Conduct of Business for Institutions Offering Islamic Financial Services – Islamic perspective on conduct of business – Conduct of business and financial stability – IFSB recommendations on conduct of business – Experience sharing session by Central Bank of Sudan

11:15 – 11:30
Coffee Break

11:30 – 13:00
Session 8 IFSB-10: Guiding Principles on Sharī’ah Governance System for Institutions Offering Islamic Financial Services – General governance approach to Sharī’ah governance system – Requirements on Sharī’ah governance system – Experience Sharing Session by Central Bank of Pakistan

13:00 – 13:15
Closing Ceremony

13:15 – 14:00
Lunch

15:30 – 19:00
Organised Tour

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

IFSB-FIS Workshop Series (Korea): IFSB-6, IFSB-7, IFSB-10.
2012-06-18 09:00 - 2012-06-19 17:00 | –, Bali, Indonesia
This Workshops are hosted by the Financial Supervisory Services of Korea (FSS). This Workshops will cover the following IFSB Standards and Guiding Principles: • Introduction to Islamic Finance • Introduction to Islamic Capital Market • IFSB-6: Guiding Principles on Governance for Islamic Collective Investment Schemes • IFSB-7: Capital Adequacy Requirements for Sukūk Securitisations and Real Estate Investment • IFSB-10: Guiding Principles on Sharī`ah Governance Systems for Institutions Offering Islamic Financial Services Participation in the Workshops is BY INVITATION only. For more information on the Workshop, please email to Mrs. Azizakhon Yarlaeva at aziza@ifsb.org

Programme – Event Session(s)

Date
Time
Topics

Day 1
18/06/2012
IFSB-FIS WORKSHOP DAY ONE

09:00 – 09:15
Registration

09:15 – 09:30
Opening Session

09:30 – 10:45
Session 1 Introduction to Islamic Finance: – Concept and contracts in Islamic Finance – Specificities of Islamic Finance

10:45 – 11:00
Coffee Break

11:00 – 12:15
Session 2 Introduction to Islamic Finance (Cont’d) – Islamic Banking Operations and Products – Takāful Models

12:15 – 13:30
Lunch

13:30 – 15:00
Session 3 Introduction to Islamic Capital Markets – Overview of Islamic Capital Market (ICM) – Key Products: Sukūk, Stocks and Indexes, Islamic Collective Investment Scheme

15:00 – 15:30
Coffee Break

15:30 – 17:00
Session 4 IFSB-10: Guiding Principles on Sharī`ah Governance Systems for Institutions Offering Islamic Financial Services

Day 2
19/06/2012
IFSB-FIS WORKSHOP DAY TWO

09:00 – 10:30
Session 5 IFSB-7: Capital Adequacy Requirements for Sukūk Securitisations and Real Estate Investment

10:30 – 10:45
Coffee Break

10:45 – 12:15
Session 6 IFSB-7: Capital Adequacy Requirements for Sukūk, Securitisations and Real Estate Investment (Cont’d)

12:15 – 13:30
Lunch

13:30 – 15:00
Session 7 IFSB-6: Guiding Principles on Governance for Islamic Collective Investment Schemes

15:00 – 15:30
Coffee Break

15:30 – 17:00
Session 8 IFSB-6: Guiding Principles on Governance for Islamic Collective Investment Schemes (Cont’d)

17:00 – 17:15
Closing Ceremony

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

BNM-IFSB Financial Inclusion Advisers Programme and Seminar on Islamic Microfinance
2012-08-27 09:00 - 2012-08-30 18:00 | Sasana Kijang, Bank Negara Malaysia, Kuala Lumpur, Malaysia
This Programme and Seminar is co-organised with Bank Negara Malaysia. More information shall be uploaded in due course. Please email ifsb_sec@ifsb.org should you wish to register your interest to participate.
Programme – Event Session(s)

Date
Time
Topics

Day 1
27/08/2012
BNM-IFSB FINANCIAL INCLUSION ADVISERS PROGRAMME

09:00 – 09:10
Welcoming Remarks

09:10 – 09:20
Programme Brief and Administration Participants will be given a short administrative briefing to facilitate effective participation in the programme and during their stay in Malaysia

09:20 – 10:30
Session 1: Financial Inclusion as a National Strategic Agenda The purpose of the session is to give an overview of the different types of policies and interventions that collectively help shape a more inclusive financial sector. The session will give special emphasis to the importance of coordination amongst key stakeholders from Government, financial regulation and the financial industry in implementing action plans that cut across different institutions.

10:30 – 11:00
Tea break

11:00 – 12:00
Session 2: Key Building Blocks for Sustainable Financial Inclusion The purpose of the session is to learn from the work of the Alliance for Financial Inclusion in promoting financial inclusion globally through specific building blocks of knowledge and best practice.

12:00 – 12:30
Session 3: Q&A and Sharing of Country Experiences

12:30 – 13:45
Lunch

14:00 – 15:30
Session 4: Trend, Opportunities and Challenges in Financial Inclusion

15:30 – 16:00
Photography Session and Tea Break

16:00 – 17:00
Session 5: Enhancing the Capacity of SMEs to Participate in the Economy The purpose of the session is to share how institutional capacity at the national level can provide support to SMEs that do not have the requisite internal capacity to compete with more established businesses. This form of institutional capacity can provide training opportunities, marketing advisory services, business linkages and other management advisory services.

17:00 – 18:00
Welcoming Reception

Day 2
28/08/2012
BNM-IFSB FINANCIAL INCLUSION ADVISERS PROGRAMME

09:00 – 10:30
Session 6: Policies – Regulation and Supervision & Financial Inclusion Consultative Group to Assist the Poor (CGAP), The World Bank

10:30 – 11:00
Tea break

11:00 – 12:30
Session 7: The Malaysian Financial Sector Blueprint Financial Inclusion This session aims to provide an overview of the forward looking strategic thrusts of the 2011 – 2020 Malaysian Financial Sector Blueprint that aim to promote greater financial inclusion for greater shared prosperity. The session will include an overview of recent initiatives in developing a more robust framework for the collection and use of financial inclusion data to support evidence based policy making.

12:30 – 13:45
Lunch

14:00 – 15:15
Session 8: The Malaysian Financial Sector Blueprint Consumer Empowerment This session aims to provide an overview of the forward looking strategic thrusts of the 2011 – 2020 Malaysian Financial Sector Blueprint in the area of consumer empowerment, which will in turn enable more sustainable financial inclusion.

15:15 – 15:45
Tea Break

15:45 – 17:00
Session 9: Consumer Protection and Financial Education Malaysia Deposit Insurance Corporation

Day 3
29/08/2012
BNM-IFSB FINANCIAL INCLUSION ADVISERS PROGRAMME

09:00 – 10:30
Session 10: A Practitioner’s Perspective of Microfinance The session aims to consider microfinance and financial inclusion from the practitioners’ perspective in order to understand challenges and innovative solutions experienced by industry in developing more inclusive financial sectors.

10:30 – 11:00
Tea break

11:00 – 12:00
Session 11: Banking beyond Branches This session aims to develop deeper understanding of how branchless banking is promoting greater financial inclusion, and how innovative strategies have successfully overcome the hurdles and risks

12:00 – 12:30
Session 12: Developing Qualified Microfinance Professionals The purpose of this session is to understand how to better develope qualified microfinnacr professionals to ensure sustainable and progressive development of microfinnace.

12:30 – 14:00
Lunch

14:00 – 15:00
Session 13: Credit Guarantee for Small and Medium Enterprises The purpose of the session is to understand how a credit guarantee scheme can enable SMEs to obtain funding at more favorable rates in order to expand their business. The session will explain how such schemes can be established, and the key operational challenges that need to be managed

15:00 – 16:00
Session 14: Enhancing the Capacity of Micro-enterprises – The Case of Amanah Ikhtiar Malaysia This session will share the experiences of a local Malaysian microfinance credit provider that has adapted the Grameen model to local requirements with considerable success.

16:00 – 16:15
Tea Break

16:15 – 17:00
Exploring Malaysia Through Art BNM Museum and Art Gallery

Day 4
30/08/2012
SEMINAR ON ISLAMIC MICROFINANCE

09:00 – 09:30
Registration

09:30 – 09:45
Welcoming Remarks

09:45 – 10:00
Opening Remarks from Seminar Chairman

10:00 – 11:15
Session 1: Development and Challenges in Islamic Microfinance This session will discuss the recent developments in Islamic microfinance including innovation in the industry, such as the inclusion of Waqf and micro-Takāful in the Islamic microfinance programme. The discussion will also cover success stories of selected Islamic microfinance providers in order to explore their challenges, particularly from regulatory and supervisory perspectives.

11:15 – 11:45
Tea break

11:45 – 13:00
Session 2 : Comparative Analysis on Regulatory Framework for Islamic Microfinance This session will compare regulatory frameworks for Islamic microfinance institutions in selected IFSB member countries. Comparative analysis on regulatory framework for conventional microfinance counterparts also will be presented in this session.

13:00 – 14:30
Lunch

14:30 – 15:45
Session 3 : Issues in Supervisory Review of Islamic Microfinance This session will highlight issues in supervisory review of Islamic microfinance from national and international perspectives. The focus of discussion will be given to Islamic microfinance services provided by banking institutions.

15:45 – 17:00
Session 4 : Panel Discussion – Regulating Islamic Microfinance: The Way Forward In this session, banking regulators from selected IFSB member countries will discuss future strategies and initiatives in regulating Islamic microfinance in order to promote further development of the respective industry.

17:30 – 00:00
Tea break (End of Seminar)

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

Seminar on the Role of Islamic Finance in the Development of Africa
2012-09-06 08:45 - 2012-09-07 21:00 | Hibiscus Ballroom, The Intercontinental Mauritius Resort, Mauritius
This IFSB Seminar is hosted by the Bank of Mauritius. Should you be interested to participate, please email your details to yazmin@ifsb.org

Programme – Event Session(s)

Date
Time
Topics

Day 1
05/09/2012
PRE-SEMINAR WORKSHOP ON INTRODUCTION TO ISLAMIC FINANCE AND THE IFSB STANDARDS

08:45 – 09:30
Registration

09:30 – 09:45
Opening Remarks

09:45 – 11:00
Session 1: Concept and Structure of Islamic Finance Contracts and Products Question and Answer

11:00 – 11:30
Coffee Break

11:30 – 12:45
Session 2: Risk Management for Institutions offering Islamic Financial Services Question and Answer

12:45 – 14:00
Lunch and Prayer

14:00 – 15:15
Session 3: Overview of the IFSB Standards and Guiding Principles for Governance (Corporate and Sharī`ah) Question and Answer

15:15 – 15:45
Coffee Break

15:45 – 17:00
Session 4: Case Studies (Sukūk Structure) Question and Answer

19:00 – 21:00
Welcome Dinner – Hosted by Bank of Mauritius Venue : The Island, The Intercontinental Mauritius Resort

Day 2
06/09/2012
SEMINAR ON THE ROLE OF ISLAMIC FINANCE IN THE DEVELOPMENT OF AFRICA (DAY-1)

08:45 – 09:30
Registration

09:30 – 10:30
Opening and Keynote Session

10:30 – 11:00
Coffee Break

11:00 – 12:00
Session 1: Overview on the Development of Islamic Financial Services Industry: Banking, Capital Markets and Takāful International developments of the Islamic financial services industry in the various sectors Globalisation of Islamic Finance: What would be the target market in the next decade? Islamic Finance and the African Continent

12:00 – 13:15
Session 2: Developing the Necessary Infrastructure for Islamic Financial Services in New Markets: Lessons to be learned Regulatory and prudential framework Legal and tax regime Human capital development

13:15 – 14:45
Lunch and Prayer

14:45 – 16:00
Session 3: Prospects for Islamic Financial Services and Products in the New and Emerging Markets Islamic banks Takāful Capital markets

16:00 – 17:15
Session 4: Structuring Sukūk for New Markets: Areas that need to be Addressed (Regulatory and Market Perspectives) Understanding the principal features of Sukūk How are the Islamic financial institutions Structuring Sukūk: Legal documentation and Sharī`ah aspects Regulatory framework for Sukūk transactions

17:15 – 17:45
Coffee Break and End of Day 1

Day 3
07/09/2012
SEMINAR ON THE ROLE OF ISLAMIC FINANCE IN THE DEVELOPMENT OF AFRICA (DAY-2)

09:30 – 11:00
Session 5: Islamic Microfinance in Africa: Achievements and Challenges Islamic microfinance product and features The role of Islamic microfinance in development and poverty alleviation Selected case studies on country experiences

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 6: Panel Discussion on Opening a New Gateway into Africa: Linking Mauritius with African Economic Development through Islamic Finance Managing the investment and financing of the African infrastructural sector through Islamic finance Challenges in bringing Islamic financial services to the forefront How the Mauritius financial services sector can enhance the role of Islamic finance and meet the needs of the African region

13:00 – 14:00
Lunch

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Other Hotels in Mauritius – Information

3.)

The Intercontinental Mauritius Resort – Hotel Reservation Form

Roundtable on Disclosure Requirements for Islamic Capital Market Products
2012-09-18 08:30 - 17:30 | Securities Commission Malaysia, Persiaran Bukit Kiara, Kuala Lumpur, kuala lumpur, Malaysia
This IFSB is co-organising this Roundtable with the International Organization of Securities Commission (IOSCO). The Securities Commission of Malaysia is hosting the Roundtable. Participation is BY INVITATION only.

Programme – Event Session(s)

Date
Time
Topics

Day 1
18/09/2012
08:30 – 09:00
Registration

09:00 – 09:30
Opening and Welcoming Addresses

09:30 – 10:00
Session 1: Comparative Evaluation of Regulatory and Best Practices on Disclosure of Islamic Capital Market Products (ICM) Benefits of global harmonisation of disclosure standards relating to ICM Diagnostics of the current regulatory and best practices adopted by different jurisdictions in relation to disclosure of Islamic capital market (ICM) products. General analysis of issues/potential issues affecting the development of ICM as a result of non-standardisation of disclosure requirements e.g. legal, Sharī`ah and governance issues Suggestions for approaches to dealing with all relevant issues which can support effective role of standard setting bodies, role of capital market authorities, industry associations and capital market participants.

10:00 – 10:30
Coffee Break

10:30 – 11:00
Session 2: Issues Arising from Inadequate Disclosure Requirement for Islamic Capital Market Products Potential legal and regulatory issues arising from inadequate disclosure of ICM products: Impact on investor protection and the development of the Islamic capital market industry. Analysis on the level of transparency pertaining to Sharī`ah compliance: Ex-ante and ex-post Sharī`ah compliance processes. Analysis of the gaps in the existing disclosure-related standards issued by international standard setters e.g. addressing the types of disclosures for (i) Sukūk, and (ii) Collective Investment Scheme on matters such as composition of Sharī`ah advisors, pronouncements on Sharī`ah compliance, basis of decision and the analysis of the gaps are and the role of rating agencies in promoting greater disclosure of Sukūk. Disclosure of emerging risks in relation to ICM products and the role of issuers, advisors and auditors in addressing these risks.

11:00 – 12:00
Commentaries from Discussants

12:00 – 12:30
Questions & Answers

12:30 – 14:00
Lunch

14:00 – 14:30
Session 3: The Importance of Strong Disclosure Regime in Facilitating Cross-border Activity and Development of Islamic Capital Market Products and Services Greater cross-border collaboration e.g. through multilateral arrangements for the development of Islamic capital markets. General analysis of disclosure related issues affecting crossborder investments e.g. the need for international standards on disclosure of Sharī`ah screening process, mechanisms for treatment of tainted income etc. The pros and cons of having a standardised documentation for key contracts used in Islamic capital markets e.g. Standard Wakalah Agreement etc. Benefits of common accounting standards on disclosure for cross-border offerings of ICM products.

14:30 – 15:30
Commentaries from Dicussants

15:30 – 16:00
Questions & Answers

16:00 – 16:30
Coffee Break

16:30 – 17:30
Concluding Remarks and Summary of Roundtable

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

IFSB-FIS Workshops on Islamic Capital Markets
2012-11-19 09:00 - 2012-11-21 16:30 | Umm Al Ramool Area – Securities & Commodities Authority Building, Dubai, United Arab Emirates
The Workshops are hosted by the Emirates Securities & Commodities Authority Participation is BY INVITATION only. For more information on the Workshops, please email Mrs. Azizakhon Yarlaeva at aziza@ifsb.org

Programme – Event Session(s)

Date
Time
Topics

Day 1
19/11/2012
IFSB-FIS WORKSHOP DAY ONE

09:00 – 09:30
Registration

09:30 – 09:45
Opening Opening Remarks by the IFSB

09:45 – 11:15
Introduction to Islamic Capital Market – Concept of Islamic Finance – Products of Islamic Capital Market – Issues in Islamic Capital Market

11:15 – 11:30
Coffee Break

11:30 – 13:00
Governance for Islamic Collective Investment Schemes – Definition of ICIS – General Governance Approach of ICIS – Transparency and Disclosure

13:00 – 14:00
Lunch & Prayer

14:00 – 16:00
Governance for Islamic Collective Investment Schemes (Cont’d and Case Studies) – Compliance with Shari’ah Rules and Principles – Additional Protection for ICIS Investors – Case Studies

16:00 – 16:30
Coffee Break

Day 2
20/11/2012
IFSB-FIS WORKSHOP DAY TWO

09:30 – 11:00
Prudential Issues for Sukuk Instruments – Sukuk Structures – Collateral Security Structures – Risks in Securitization Structures – Operational Requirements Pertaining to Sukuk and Securitizations

11:00 – 11:30
Coffee Break

11:30 – 13:00
Prudential Issues for Sukuk Instruments (Cont’d and Case Studies) – Credit Risk Mitigation for Securitization Exposures – Credit Enhancement for Shari’ah Compliant Securitizations – Case Studies

13:00 – 14:00
Lunch & Prayer

14:00 – 16:00
Panel Discussion: Issues and Challenges in the Development of Islamic Capital Market Speakers: – Representative from IFSB – Representative from SCA

16:00 – 16:30
Coffee Break

Day 3
21/11/2012
IFSB-FIS WORKSHOP DAY THREE

09:30 – 11:00
Conduct of Business – Islamic Perspective on Conduct of Business – Conduct of Business and Financial Stability – IFSB Recommendations on Conduct of Business

11:00 – 11:30
Coffee Break

11:30 – 13:00
Shari’ah Governance System – General Governance Approach to Shari’ah Governance System – Requirements on Shari’ah Governance System

13:00 – 14:00
Lunch & Prayer

14:00 – 16:00
Shari’ah Governance System – Case Studies – Experience Sharing by Central Bank of Jordan

16:00 – 16:30
Coffee Break

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Survey Soft Copy – IPICM

Regional Islamic Finance Forum: Future Prospects
2012-11-20 09:00 - 2012-11-21 17:30 | Marriot Cairo Hotel, 16 Saray El Gezira, Zamalek, Cairo, Egypt, Cairo
This IFSB Seminar is co-organised with The World Bank and the Central Bank of Egypt. More information shall be uploaded in due course. Please email ifsb_sec@ifsb.org should you wish to register your interest to participate.

Programme – Event Session(s)

Date
Time
Topics

Day 1
20/11/2012
09:00 – 09:30
Registration

09:30 – 10:30
Opening and Keynote Session

10:30 – 11:00
Coffee break and Networking

11:00 – 12:30
Session 1 – Overview and Opportunities of the Islamic Financial Services Industry In the early phases of its development, Islamic finance was essentially domestic-centric, focusing on retail financing, trade financing and the financing of other commercial business activities. This has changed following the drive of nations to diversify the domestic financial infrastructure so as to avoid the over-dependence on the banking sector as well as to keep up with the trend towards greater liberalisation of the financial system. These factors have spurred the development of the Islamic finance and its greater integration into the international financial system. It will also give a current overview of Islamic finance, its potentials and opportunities.

12:30 – 14:00
Lunch

14:00 – 15:30
Session 2 – Overview of Regulatory, Legal and Operational Issues in Islamic Finance The session will highlight various operational issues faced by the Islamic financial services industry (IFSI) and factors that determine the scope of activities that they offer within the stipulated regulatory and legal environment. The speakers are expected to share their experience in managing these issues and suggest possible options to address them

15:30 – 17:00
Session 3 – Country Experiences in Establishing Islamic Financial Services Any country which plans to establish Islamic financial services will benefit from this session as the speakers will discuss the challenges they encountered during the initial phases of introducing Islamic financial services, and how they balanced their role as the supervisor and the developer of Islamic finance. Key issues related to changes to taxation laws, property laws and trust laws and how they have been able to expedite the development of Islamic finance industry, particularly on issuances of Sukūk, will be the key topics highlighted.

17:00 – 17:30
Coffee break and Networking

Day 2
21/11/2012
09:30 – 11:00
Session 4 – Exploring Sharī`ah Concepts in Financial Inclusion to Support Growth of the Economy Sharī`ah is the key pillar from which Islamic finance derives its unique characteristics. The Sharī`ah injunctions require that Islamic financial transactions be accompanied by an underlying productive activity or asset. In the wake of the global financial crisis, developing economies now need to develop strategies that effectively align the financial sector and the productivity level in the real economy. This session will concurrently discuss the role of microfinance and the financing of real estate and small and medium enterprises in this regard. Concurrent session 1: Microfinance Concurrent session 2: Housing and Real Estate Finance Concurrent session 3: Financing for Small and Medium Enterprises

11:00 – 11:30
Coffee break and Networking

11:30 – 13:00
Session 5 – Creating an Enabling Environment for Islamic Finance: Sharing Experiences and Lessons Learnt The future of Islamic finance will require closer regional and international inter-linkages. Supervisory authorities will find this session beneficial as the panelists from the international intergovernmental organizations will share their experiences and lessons learned in creating a conducive global environment that aims to support the development of the Islamic financial services industry. Critical infrastructure issues related to capacity building and liquidity infrastructure framework will be discussed.

13:00 – 13:30
Closing Session

13:30 – 14:30
Lunch ( End of Seminar)

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

IFSB-FIS Workshops for Regulatory and Supervisory Authorities - Liquidity Risk Management and Stress Testing Standards
2012-11-26 09:00 - 2012-11-30 17:00 | Sasana Kijang, Bank Negara Malaysia, Kuala Lumpur, Malaysia
The forthcoming 2012 IFSB-FIS Workshops, which are catered for the Banking Regulators and Supervisors, will focus on Risk Management issues in Institutions offering Islamic Financial Services (IIFS), with particular attention given to Liquidity Risk Management and Stress Testing arrangements for IIFS. The Workshops will cover the following IFSB Standards and Guiding Principles: • IFSB-12: Guiding Principles on Liquidity Risk Management for Institutions offering Islamic Financial Services. • IFSB-13: Guiding Principles on Stress Testing for Institutions offering Islamic Financial Services. Participation is BY INVITATION only. For more information on the Workshops, please email Mrs. Azizakhon Yarlaeva at aziza@ifsb.org

Programme – Event Session(s)

Date
Time
Topics

Day 1
26/11/2012
IFSB-FIS WORKSHOP DAY ONE

09:00 – 09:30
Registration

09:30 – 09:50
Opening Remarks by the IFSB

09:50 – 11:10
Session 1 Islamic Finance: Concept and Contracts and Risk Implications for IIFS Overview of Prudential Issues in IIFS

11:10 – 11:30
Coffee Break

11:30 – 13:00
Session 2 IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) – Credit Risk & Supervisory Perspective – Equity Investment Risk & Supervisory Perspective – Operational Risk & Supervisory Perspective – Market Risk & Supervisory Perspective – Liquidity Risk & Supervisory Perspective – Rate of Return Risk & Supervisory Perspective

13:00 – 14:00
Lunch & Prayer

14:00 – 15:00
Session 3 Case Studies – Case Studies on Risk Management

15:00 – 15:30
Coffee Break

15:30 – 17:00
Session 4 -Challenges in Liquidity Risk Management from Global Perspective and Implications for IIFS – Significance of liquidity risk management for financial institutions in post-crisis world -The regulatory response to global financial crisis – initiatives of global standard setters and supervisory authorities -Challenges in Liquidity Risk Managements by IIFS -The IFSB initiatives and publications on liquidity risk management of IIFS

Day 2
27/11/2012
IFSB-FIS WORKSHOP DAY TWO

09:30 – 11:10
Session 1 Guiding Principles on Liquidity Risk Management of IIFS – Funding and Market Liquidity Risk – Necessary Conditions for an effective Liquidity Risk Management in IFSI – Governance Structure: Role of the Board of Directors and Senior Management – Identification of Liquidity Risk – Interactions of Liquidity Risk and Implications of Islamic Financing Contracts Case Study – 1: Liquidity Risk and Financial Distress in an Islamic investment company

11:10 – 11:30
Coffee Break

11:30 – 13:00
Session 2 Guiding Principles on Liquidity Risk Management of IIFS – Measurement of Liquidity Risk – Diversification of the Funding Base – Consolidated Management of Liquidity Risk – Maintaining High-Quality Liquidity Buffer – Preparing a Contingency Funding Plan – Managing Sharī`ah-Compliant Collateral Case Study – 2: Shari’ah Compliant Alternatives to Repo Transactions – Some practices and initiatives

13:00 – 14:00
Lunch & Prayer

14:00 – 15:30
Session 3 Guiding Principles on Liquidity Risk Management of IIFS – Managing Sharī`ah-Compliant Collateral & Collaboration between IIFS – Meeting Payment and Settlement System Obligations – Foreign Exchange Liquidity Risk – Reporting and Disclosure of Liquidity Risk Case Study – 2: Shari’ah Compliant Alternatives to Repo Transactions – Some practices and initiatives Case Study – 3: Insolvency of an IIFS – Management and Supervision of Liquidity Risk

15:30 – 16:00
Coffee Break

16:00 – 17:00
Session 4 Guiding Principles Liquidity Risk Management for Supervisory Authorities – Responsibility for Supervision of Liquidity Risk & Need for Supervisory Regulations – Supervisors’ Role as Provider of Liquidity Support – Supervision of Liquidity Risk at Consolidated Level Case Study – 4: Supervisory arrangements for Shari’ah compliant Lender of Last Resort and other Liquidity Support to IIFS Experience sharing by Central Bank of Sudan: Instruments and Mechanisms for Liquidity Management of IIFS in Sudan

Day 3
28/11/2012
IFSB-FIS WORKSHOP DAY THREE

09:30 – 11:00
Session 1 Guiding Principles Liquidity Risk Management for Supervisory Authorities – Home-Host and Cross-Sector Supervision of Liquidity Risk – Contingency Planning – Supervisors’ Role in the Development of Liquidity Infrastructure Group Discussion – 2: Resolution of Issues in the Management of LCR by the IIFS Experience sharing by Central Bank of Bahrain: Regulatory Framework and Central Bank Tools for Supervision, Monitoring and Support of Liquidity for the IIFS

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 2 Understanding Stress Testing for Financial Institutions – Stress testing as a risk Management tool – Stress Testing and Global financial crisis – International Guidance on Stress Testing and Gap Analysis – Necessary Conditions For An Effective Stress Testing Regime – IFSB Comprehensive Stress Testing Framework for IIFS

13:00 – 14:00
Lunch & Prayer

14:00 – 15:00
Session 3 Issues and Challenges in Conducting Stress Testing: IMF Perspective – Key Issues in Stress Testing for financial institutions and their supervisors – Overcoming challenges in various stages of Stress Testing – Stress Testing and Financial Stability Perspective – Recent EU and USA Stress Testing Key Results & Implications

15:00 – 15:30
Coffee Break

15:30 – 17:00
Session 4 Guiding Principles on Stress Testing for IIFS – Governance Aspects of the Stress Testing Framework – Identification of Risk Factors and Coverage of Scenarios – Specific Elements of IIFS in Stress Testing – Stress Testing Methodologies FSAP and Stress Testing

Day 4
29/11/2012
IFSB-FIS WORKSHOP DAY FOUR

09:30 – 11:00
Session 1 Guiding Principles on Stress Testing for IIFS (Cont’d) – Stress Testing Methodologies – Frequency of Stress Testing – Outputs of Stress Testing and Remedial Actions – Disclosure of the Stress Testing Programme

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 2 Live Simulations and exercises on: – How to conduct “Micro level (or IIFS level) Stress Testing” – Factors and scenarios to consider for Micro Stress Testing – Exercises/Case Studies on Stress Testing for Selected IIFS – Different IIFS’ portfolios related Stress Testing – Capital Requirements Stress Testing – Credit risk related Stress Testing – Liquidity (i.e. funding and/or market liquidity) Risk Related Stress Testing – Shari’ah non-compliance Stress Testing under Operational Risk – Profitability related Stress Testing

13:00 – 14:00
Lunch & Prayer

14:00 – 15:30
Session 3 Guiding Principles on Stress Testing for Supervisory Authorities – Regular and Comprehensive Assessments of IIFS’ Stress Testing – Supervisory Evaluation of an IIFS’s Stress Testing Methodology – Designing and Implementing System-Wide Stress Tests and Frequencies – Corrective Actions & Regular Supervisory Dialogue with IIFS and the Industry – Cross-border Issues and Home-Host Coordination – Stress Testing Reporting Disclosures and Format

15:30 – 16:00
Coffee Break

16:00 – 17:00
Session 4 Live Simulations and Exercises on: – How to Conduct “Micro level (or IIFS level) Stress Testing” – How to Conduct “Macro-level (or system-wide) Supervisory Stress Testing – Factors and Scenarios to Consider for Micro and Macro-level Stress Testing – Limitations of Supervisory Corrective Actions

Day 5
30/11/2012
IFSB-FIS WORKSHOP DAY FIVE

09:30 – 11:30
Session 1 – Financial Sector Assessment Programme – FSAP by World Bank-IMF – Experience Sharing by IFSB Member Country – Open Discussion and Dialogue on IFSB Moving forward of Stress Testing

11:30 – 11:45
Coffee Break

11:45 – 12:15
Closing Ceremony

12:15 – 13:30
Lunch & Jumma Prayer

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

6th Islamic Financial Stability Forum : Promoting Resilience and Stability of the Islamic Financial Services Industry: Strengthening Consumer Protection and Business Conduct
2012-12-12 14:30 - 16:00 | Jeddah, Jeddah, Saudi Arabia, Saudi Arabia
The IFSB organised its 6th Islamic Financial Stability Forum (6th IFSF) on 12 December 2012, in Saudi Arabia.

The 6th IFSF was held in conjunction with the 21st Council Meeting of the IFSB, hosted by the Islamic Development Bank.

Programme – Event Session(s)

Date
Time
Topics

Day 1
12/12/2012
14:30 – 14:40
Opening Remarks H.E. Rasheed M. Al Maraj, Governor, Central Bank of Bahrain and Chairman of the IFSB

14:40 – 15:40
Developing A Platform for Consumer Protection in the Islamic Financial Services Industry Consumer protection in Islamic finance: A function of ethics and conduct Role of Sharī`ah Supervisory Boards in promoting ethics and good conduct in Islamic financial institutions Challenges in developing a strong regulatory framework for consumer protection in Islamic finance Strategies to improve consumer protection in Islamic finance Speaker: Dato’ Dr. Nik Ramlah Nik Mahmood, Deputy Chief Executive, Securities Commission Malaysia Discussants: 1. Mr. Simon Gray, Director of Supervision and Head of Islamic Finance, Dubai Financial Services Authority, UAE 2. Prof. Dato’ Dr. Azmi Omar, Director General, IRTI-Islamic Development Bank Group

15:40 – 16:00
Coffee and Networking Break

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

Roundtable on the Islamic Financial Services Industry Stability Draft Report
2013-01-21 09:00 - 17:00 | Sasana Kijang, kuala lumpur, Malaysia
Participation in the Roundtable is BY INVITATION only. For more information on the Roundtable, please email Ms. Yazmin Aziz at yazmin@ifsb.org

Programme – Event Session(s)

Date
Time
Topics

Day 1
21/01/2013
09:00 – 09:30
Registration

09:30 – 09:40
Opening Session

09:40 – 10:40
Session 1 : Development of the Global Islamic Financial Services Industry (IFSI) Overview of the IFSI Trends in the development of Islamic banks, Islamic capital market, Takāful and Islamic funds (2004-2011) Challenges faced by the industry Assessment on the resilience of the IFSI – financial ratios, stress testing, capital adequacy and Basel III Roles of Islamic capital market and Takāful in ensuring financial stability Further policy recommendations to encourage financial stability Discussion

10:40 – 11:00
Coffee Break

11:00 – 12:00
Session 2 : Islamic Finance and the Changing Global Financial Architecture Global initiatives to promote financial stability Evolving financial architecture for Islamic finance IFSB Standards: Progress of implementation Discussion

12:00 – 13:00
Session 3 : Progress in Promoting the Resilience and Stability of the IFSI Comprehensive set of cross-sectoral prudential standards Development of liquidity management infrastructure Strengthening financial safety nets Effective crisis management and resolution framework Macro-prudential surveillance Discussion

13:00 – 14:00
Lunch & Prayer

14:00 – 15:00
Session 4 : The Islamic Financial Stability Forum An executive summary of the discussions Suggestions on how to achieve an effective and beneficial Forum moving forward Discussion

15:00 – 16:00
Session 5 : Emerging Issues in Financial Stability Consumer protection Financial inclusion Crisis management / threat to stability Discussion

16:00 – 16:30
Coffee Break

16:30 – 17:00
Session 6 : Concluding Remarks and Summary Moving Forward

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Map to Sasana Kijang
