
IFSB-FIS Workshop Series (Islamic Republic of Iran)
Iran Banking Institute Tehran, Tehran, Iran, Islamic Republic ofThis 4-day Facilitating the Implementation of the IFSB Standards (FIS) Workshop is tailored for the Central Bank of the Islamic Republic of Iran and hosted by the Islamic Development Bank. It will discuss the following IFSB Standards: IFSB-1 : Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering Islamic Financial Services (IIFS) IFSB-3 : Guiding Principles on Corporate Governance for IIFS IFSB-15 : Revised Capital Adequacy Standard for IIFS Overall, this Workshop aims to: Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions; Assist the participants in the practical application of issues addressed in the particular standards through case studies, hands-on exercises and other interactive tools; and Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles. Participation in this Workshop is by INVITATION only. For queries, please contact the IFSB Secretariat, Mr. Hamizi Hamzah at [email protected]. Programme - Event Session(s) Date Time Topics Day 1 07/08/2017 09:00 - 09:30 Registration 09:30 - 10:00 Welcoming Remarks and Group Photo 10:00 - 11:30 Session 1 - IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering Islamic Financial Services (IIFS) Understanding of Risks in IIFS General Requirements in Risk Management of IIFS Focus on Credit Risk 11:30 - 11:45 Coffee Break 11:45 - 13:00 Session 2 - IFSB-1: Guiding Principles of Risk Management for IIFS Focus on Equity Investment Risk Focus on Operational Risk Focus on Market Risk 13:00 - 14:30 Lunch and Prayer 14:30 - 16:30 Session 3 - IFSB-1: Guiding Principles of Risk Management for IIFS Focus on Liquidity Risk Focus on Rate of Return Risk Case Study Day 2 08/08/2017 09:30 - 11:00 Session 4 - IFSB-3: Guiding Principles on Corporate Governance for IIFS Corporate Governance Issues Specific to IIFS General Governance Approach of IIFS Rights of Investment Account Holders (IAHs) Compliance with Sharī`ah Rules and Principles 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 5 - IFSB-15: Revised Capital Adequacy Standard for IIFS Components of Capital Capital Conservation Buffer Countercyclical Buffer Domestic Systemically Important Banks 13:00 - 14:30 Lunch and Prayer 14:30 - 16:30 Session 6 - IFSB-15: Revised Capital Adequacy Standard for IIFS Credit Risk Weights for Various Counterparties Exposures in Investments Made under Profit-Sharing Modes Past Due Receivables & Other Assets Group Exercise Day 3 09/08/2017 09:30 - 11:00 Session 7 - IFSB-15: Revised Capital Adequacy Standard for IIFS Credit Risk Mitigation Credit Risk Mitigation Techniques Commonly Used by IIFS Credit Risk Mitigation Approaches Recognition of Ratings by External Credit Assessment Institution 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 8 - IFSB-15: Revised Capital Adequacy Standard for IIFS Understanding the Market Risk in Islamic Finance Policies and Procedures for Market risk Guidance on Valuation Practices Group Exercise 13:00 - 14:30 Lunch and Prayer 14:30 - 16:30 Session 9 - IFSB-15: Revised Capital Adequacy Standard for IIFS Overview of Operational Risk Understanding Operational Risk in Islamic Finance Measuring Operational Risks Group Exercise Day 4 10/08/2017 09:30 - 11:00 Session 10 - IFSB-15: Revised Capital Adequacy Standard for IIFS Current Regulatory Environment of Real Estate Activities Risk Exposures in Real Estate Activities Supervision of Real Estate Activities Risk-Weighting of Real Estate Exposures 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 11 - IFSB-15: Revised Capital Adequacy Standard for IIFS Features of Sukūk and Securitisation in Sukūk Securitisation Process for Sukūk Role of IIFS in Sukūk Securitisation Credit Enhancement Mechanisms for Sukūk 13:00 - 14:00 Lunch and Prayer 14:00 - 16:00 Session 12 - IFSB-15: Revised Capital Adequacy Standard for IIFS Regulatory Capital for Sukūk in IIFS Capital Requirements for Sukūk Retained Securitisation Exposure Case Study 16:00 - 16:30 Closing Remarks & Certificate Giving Ceremony