This 3-day Workshop is tailored for the Bangko Sentral ng Pilipinas, industry players and other key stakeholders of the Islamic finance sector in Philippines. It will discuss the overview of Islamic finance and cover the following IFSB Standards: Introduction to Islamic Finance IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) IFSB-10: Guiding Principles on Sharī`ah Governance Systems for IIFS IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS As a background, IFSB-1: Guiding Principles of Risk Management provides a set of guidelines of best practices for establishing and implementing effective risk management in IIFS. In particular, the Standard sets out 15 principles for managing the risks inherent in Sharī`ah-compliant financial businesses. IFSB-10: Guiding Principles on Sharī`ah Governance Systems, for its part, includes the components of a sound Sharī`ah governance system especially with regards to the competence, independence, confidentiality and consistency of the Sharī`ah boards. In addition, IFSB-16: Revised Guidance on Key Elements in the Supervisory Review Process offers guidance on key elements in the supervisory review process for authorities supervising IIFS taking into consideration the specificities of the IIFS, while complementing the existing international standards on the supervisory review process, in particular those of the Basel Committee on Banking Supervision (BCBS). Overall, this Workshop aims to: Enhance the participants’ understanding of the respective Standards and Guiding Principles of the IFSB, 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. 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 10/10/2016 09:00 - 09:30 Registration 09:30 - 10:00 Welcoming Remarks and Group Photo 10:00 - 11:30 Session 1 - Introduction to the IFSB and Introduction to Islamic Finance Concept of Islamic Finance Contracts in Islamic Finance Structures of Islamic Banking Products Prudential Issues in IIFS 11:30 - 11:45 Coffee Break 11:45 - 13:00 Session 2 - IFSB-1: Guiding Principles of Risk Management for Institutions offering Islamic Financial Services (IIFS) Understanding of Risks in IIFS Focus on Credit Risk Focus on Equity Investment Risk Focus on Operational Risk 13:00 - 14:00 Lunch 14:00 - 15:30 Session 3 - IFSB-1: Guiding Principles of Risk Management for IIFS - Continued Focus on Market Risk Focus on Liquidity Risk Focus on Rate of Return Risk Case Study 15:30 - 15:45 Coffee Break 15:45 - 17:00 Session 4 - IFSB-16: Revised Guidance on Key Elements in the Supervisory Review Process Introduction to IFSB-16 Necessary Preconditions for Effective Supervision Additional Considerations in the Issuance of an IIFS License Supervisory Approaches in the Supervision of IIFS Day 2 11/10/2016 09:30 - 11:00 Session 5 - IFSB-16: Revised Guidance on Key Elements in The Supervisory Review Process - Continued Components of Capital Capital Conservation Buffer and Countercyclical Buffer Regulatory Capital Requirements Guidance on the Slotting Method 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 6 - IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process - Continued Treatment of IAH and Displaced Commercial Risk Advanced Approaches and Supervisory Discretion Internal Capital Adequacy Assessment Process (ICAAP) Case Study 13:00 - 14:00 Lunch 14:00 - 15:30 Session 7 - IFSB-16: Revised Guidance on Key Elements in The Supervisory Review Process - Continued Corporate Governance Risk Management Processes Enterprise-wide Risk Management Framework Related Party Transactions 15:30 - 15:45 Coffee Break 15:45 - 17:00 Session 8 - IFSB-16: Revised Guidance on Key Elements in The Supervisory Review Process - Continued Features of Sukūk and Securitisation Regulatory Capital for Sukūk in IIFS Special Purpose Entities (SPEs) and Key Considerations in the Supervisory Review Process Case Study Day 3 12/10/2016 09:30 - 11:00 Session 9 - IFSB-16: Revised Guidance on Key Elements in The Supervisory Review Process - Continued Consolidated and Home-host Supervision Islamic “Windows” Operations Liquidity Risk Management and Supervision Supervisory Transparency and Accountability 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 10 - IFSB-10: Guiding Principles on Sharī`ah Governance System for IIFS Objectives of IFSB-10 Structure of the Sharī`ah Governance System Scope of Sharī`ah Governance System 13:00 - 14:00 Lunch 14:00 - 15:00 Session 11 - IFSB-10: Guiding Principles on Sharī`ah Governance System for IIFS - Continued General Approach to the Sharī`ah Governance System Guiding Principles on the Sharī`ah Governance System - Competence Guiding Principles on the Sharī`ah Governance System – Independence 15:00 - 15:15 Coffee Break 15:15 - 16:30 Session 12 - IFSB-10: Guiding Principles on Sharī`ah Governance System for IIFS - Continued Guiding Principles on the Sharī`ah Governance System - Confidentiality Guiding Principles on the Sharī`ah Governance System - Consistency Case Study 16:30 - 17:00 Closing & Certificate Giving Ceremony Downloadable Document(s) 1.) Event Session(s) - PDF Format  

This 5-day Workshop is tailored for the regulatory and supervisory authorities for the banking sector, thus intend to be a Train the Trainer Programme for the staff on the IFSB Standards. The main focus of the Workshop lies in incorporating the latest IFSB Standards issued by the IFSB after the world post-crisis in 2008 and Basel III issuance which are IFSB-15: Revised Capital Adequacy Standard for Institutions offering only Islamic Financial Services (IIFS), GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management and IFSB-17: Core Principles for Islamic Finance Regulation (Banking Segment). In addition, the workshop will also cover sessions for Exposure Draft (ED) of Technical Note-2 (TN-2) on Stress Testing for IIFS which follows on from, and complements, the earlier IFSB-13, Guiding Principles on Stress Testing for IIFS. The IFSB-13, which was issued in 2012 provides a comprehensive stress testing framework for both IIFS and supervisory authorities. As a background, the main objective of IFSB-17 is to provide a set of Core Principles – along with associated assessment methodology – for the regulation and supervision of the Islamic financial services industry (IFSI), taking into consideration the specificities of the IIFS in the banking segment, the lessons learned from the financial crisis, and complementing the existing international standards, principally the Core Principles for Effective Banking Supervision issued by the Basel Committee on Banking Supervision. IFSB-15: Revised Capital Adequacy Standard, for its part, includes implementation of an optimal capital adequacy framework to facilitate the effective coverage of risk exposures of the IIFS as well as the allocation of appropriate capital to cover these risks in a manner that is based predominantly on the Standardised Approach. This Standard also provides guidance on the features and criteria for high-quality regulatory capital components, including Additional Tier 1 and Tier 2, which comply with Sharī`ah rules and principles. Similarly, it includes new guidance on macroprudential tools, such as capital buffers and leverage ratios (especially for domestic systemically important banks) which shall support the supervisory authorities in achieving the goal of protecting the banking system and the real economy from system-wide shocks. Moreover, GN-6:  Quantitative Measures for Liquidity Risk Management Guidance Note complements the Standard IFSB-12: Guiding Principles on Liquidity Risk Management for IIFS, and supports the harmonised application of the international regulatory regime in the area of liquidity risk management. This is achieved by providing guidance on the application of global liquidity standards for the IIFS, especially the Liquidity Coverage ratio (LCR) and Net Stable Funding Ratio (NSFR) at the current stage, with suitable adjustments based on the specific operational characteristics. Moreover, it provides guidance to supervisory authorities on the application of the LCR and NSFR in their jurisdictions and on their role in assessing the discretionary items specified in this GN, including application of the alternative liquidity approaches (ALA). TN-2: Technical Note on Stress Testing provides stress testing scenarios that address multiple types of risks and their interrelated effects on the overall financial position and performance of the portfolio, the institution itself or the overall financial system. It incorporates risk specificities of Sharī`ah-compliant contracts’ when conducting stress tests on an IIFS. Overall, this Workshop intends to be a Train the Trainer programme for the staff of regulatory and supervisory authorities on the IFSB Standards, and 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 24/10/2016 09:00 - 09:30 Registration 09:30 - 09:45 Welcoming Address & Group Photo 09:45 - 11:15 Session 1: IFSB-17 - Core Principles for Islamic Finance Regulation (Banking Segment) Necessary Preconditions for Effective Supervision Assessment Methodology for CPIFR Responsibilities, Objectives and Powers Independence, Accountability, Resourcing and Legal Protection for Supervisors 11:15 - 11:30 Coffee Break 11:30 - 13:00 Session 2: IFSB-17 - Core Principles for Islamic Finance Regulation (Banking Segment) Cooperation and Collaboration Supervisory Approach, Techniques and Tools Treatment of Investment Account Holders (IAHs) Corporate and Sharī`ah Governance Framework 13:00 - 14:00 Lunch and Prayer 14:00 - 16:00 Session 3: IFSB-17 - Core Principles for Islamic Finance Regulation (Banking Segment) Risk Management Process Transactions with Related Parties Transparency and Market Discipline Case Study 16:00 - 16:30 Coffee Break Day 2 25/10/2016 09:30 - 11:00 Session 4: IFSB-15: Revised Capital Adequacy Standard for IIFS Components of Capital Capital Conservation Buffer Countercyclical Buffer Domestic Systemically Important Banks 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 5: IFSB-15: Revised Capital Adequacy Standard for IIFS Credit Risk Weights for Various Counterparties Off-balance Sheet Exposures Exposures in Investments Made under Profit-Sharing Modes Credit Risk Mitigation 13:00 - 14:00 Lunch and Prayer 14:00 - 16:00 Session 6: 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 16:00 - 16:30 Coffee Break Day 3 26/10/2016 09:30 - 11:00 Session 7: IFSB-15: Revised Capital Adequacy Standard for IIFS Overview of Operational Risk Understanding Operational Risk in Islamic Finance Measuring Operational Risks Group Exercise 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 8: GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management Application of the LCR in IIFS Definition and Categorisation of High Quality Liquid Assets (HQLA) Operational Considerations for HQLA Infrastructure Issues in the Availability of Sharī`ah-compliant HQLA 13:00 - 14:00 Lunch and Prayer 14:00 - 16:00 Session 9: GN-6 - Guidance Note on Quantitative Measures for Liquidity Risk Management Components of Total Net Cash Outflows Formula for Calculating NSFR Available and Required Stable Funding Case Study 16:00 - 16:30 Coffee Break Day 4 27/10/2016 09:30 - 11:00 Session 10: GN-6 - Guidance Note on Quantitative Measures for Liquidity Risk Management The Internal Liquidity Adequacy Assessment Processes & Supervisory Liquidity Review Process Principles for Applying Alternative Liquidity

The two separate 3-day Workshops intend to be Train the Trainer Programme and are tailored for the Regulatory and Supervisory Authorities for the Islamic Capital Market and Takāful sectors. The Workshop for Islamic Capital Market Sector will cover the following sessions and IFSB Standards: Introduction to Islamic Capital Market IFSB-6 : Governance for Islamic Collective Investment Schemes (ICIS) IFSB-10 : Sharī`ah Governance Systems IFSB-15 : Revised Capital Adequacy – Sukūk and Securitisation Rountable on Disclosure Requirements for Islamic Capital Market Products (ED-19) Meanwhile, the Workshop for Takāful Sector will cover the following sessions and IFSB Standards: Introduction to Takāful, Models and Features IFSB-8 : Guiding Principles on Governance for Takāful Undertakings IFSB-11 : Standard on Solvency Requirements for Takāful Undertakings IFSB-14 : Risk Management for Takāful Undertakings IFSB-18 : Guiding Principles for Retakāful (Islamic Reinsurance) Experience Sharing on Regulating Takāful & Retakāful Sector in Various Jurisdictions Overall, these Workshops aim 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 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 regulators and supervisors on the implementation of respective IFSB Standards and Guiding Principles. Participation in these Workshops are by INVITATION only. For queries, please contact the IFSB Secretariat, Mr. Hamizi Hamzah at [email protected].

This 4-day Workshop is tailored for the regulatory and supervisory authorities as well as the market players in the banking sector in Palestine, and will discuss on the following IFSB Standards: IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering Islamic Financial Services (IIFS); IFSB-2: Capital Adequacy Standard for IIFS; GN-4: Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio (CAR) for IIFS; and IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS As a background, IFSB-1: Guiding Principles of Risk Management provides a set of guidelines of best practices for establishing and implementing effective risk management in IIFS. In particular, the Standard sets out 15 principles for managing the risks inherent in Sharī`ah-compliant financial businesses. IFSB-2: Capital Adequacy Standard is the equivalent of Pillar 1 of Basel II for IIFS. It complements the Basel capital framework by raising the specificities of IIFS that include, inter-alia, the treatment of profit-sharing investment accounts (PSIA) and measuring the risk weights of Sharī`ah-compliant products. Moreover, the Standard proposes two methods for calculating the capital adequacy ratios, namely the Standard formula as well as the supervisory discretion formula. GN-4: Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio for IIFS, for its part provides a methodology to estimate the value of alpha to be used in the supervisory discretion formula in calculating the CAR of IIFS; and to demonstrate how to measure the Displaced Commercial Risk (DCR). In addition, IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process offers guidance on key elements in the supervisory review process for authorities supervising IIFS taking into consideration the specificities of the IIFS, the lessons learned from the crisis, while complementing the existing international standards on the supervisory review process, in particular those of the Basel Committee on Banking Supervision (BCBS). 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. This Workshop is hosted by the Palestine Monetary Authority and participation in this Workshop is by INVITATION only. For queries, please contact the IFSB Secretariat, Mr. Ahmed Barakat at [email protected]. Programme - Event Session(s) Date Time Topics Day 1 05/12/2016 08:30 - 09:00 Registration 09:00 - 10:00 Opening Session Welcome Speech by H.E Mr. Azzam Shawwa, Governor, PMA Speech by Dr. Nagwa Sheikh Eldin, Assistant Secretary-General, IFSB Speech by Dr. Iyad Jayousi, General Manager, PBI Souvenir Distribution and Group Photo 10:00 - 12:00 Session 1: IFSB-1: Guiding Principles of Risk Management for IIFS Understanding of Risks in IIFS Focus on Credit Risk Focus on Equity Investment Risk Focus on Operational Risk 12:00 - 13:00 Lunch and Prayer 13:00 - 14:30 Session 2: IFSB-1: Guiding Principles of Risk Management for IIFS Focus on Market Risk Focus on Liquidity Risk Focus on Rate of Return Risk Case Studies 14:30 - 14:45 Coffee Break 14:45 - 16:00 Session 3: IFSB-2: Capital Adequacy Standard for IIFS Need for Capital Regulation Pillar 1: Capital Adequacy Ratio (CAR): Understanding the Components of CAR CAR Formulas - Standard and Supervisory Discretion Treatment of PSIA - Supervisory Discretion Formula Day 2 06/12/2016 09:00 - 11:00 Session 4: IFSB-2: Capital Adequacy Standard for IIFS Credit Risk Weights for Various Counterparties Off-balance Sheet Exposures Exposures in Investments Made under Profit-Sharing Modes Credit Risk Mitigation 11:00 - 12:00 Lunch and Prayer 12:00 - 13:30 Session 5: IFSB-2: Capital Adequacy Standard for IIFS Measurement of Capital Adequacy Requirements for Market Risk Measurement of Market Risk Market Risk Weight Conversion Factor Case Study 13:30 - 13:45 Coffee Break 13:45 - 15:30 Session 6: IFSB-2: Capital Adequacy Standard for IIFS Overview of Operational Risk Understanding Operational Risk in Islamic Finance Measuring Operational Risks Group Exercise Day 3 07/12/2016 09:00 - 11:00 Session 7: GN-4: The Determination of Alpha in the Capital Adequacy Ratio for IIFS Background of the Guidance Note Understanding Management of Profit-Sharing Investment Account (PSIA) Understanding the Concept of Alpha and Displaced Commercial Risk (DCR) Measurement of Risk Sharing in PSIA 11:00 - 12:00 Lunch and Prayer 12:00 - 13:30 Session 8: GN-4: The Determination of Alpha in the Capital Adequacy Ratio for IIFS The Determination of Alpha and DCR Issues on Prudential Regulations and Requirements Role of Supervisory Authority in Determination of Alpha and DCR Case Study 13:30 - 13:45 Coffee Break 13:45 - 15:30 Session 9: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process Necessary Preconditions for Effective Supervision Supervisory Approaches in the Supervision of IIFS Regulatory Capital Requirements Advanced Approaches and Supervisory Discretion Day 4 08/12/2016 09:00 - 11:00 Session 10: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process Internal Capital Adequacy Assessment Process (ICAAP) Corporate and Sharī'ah Governance Related Party Transactions Case Study 11:00 - 12:00 Lunch and Prayer 12:00 - 13:30 Session 11: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process Transparency and Market Discipline Consolidated and Cross-sector Supervision Risk Concentrations in IIFS Case Study 13:30 - 13:45 Coffee Break 13:45 - 15:30 Session 12: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process Islamic “Windows” Operations Liquidity Risk Management and Supervision Sound Stress Testing Practices Supervisory Transparency and Accountability 15:30 - 16:00 Closing & Certificate Giving Ceremony  

This 4-day regional workshop is tailored for the regulatory and supervisory authorities and the market players within the banking sector. It will discuss on the following IFSB Standards: IFSB-15: Revised Capital Adequacy Standard for Institutions Offering only Islamic Financial Services (IIFS) IFSB-16: Revised Guidance on Key Elements in the Supervisory Review Process of IIFS GN-6: Guidance Note on Quantitative Measure for Liquidity Risk Management in 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.  This Workshop is hosted by Bank Al-Maghrib and supported by the Islamic Development Bank. 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 28/02/2017 08:30 - 09:00 Registration 09:00 - 09:30 Opening Session by the IFSB, and Bank Al-Maghrib Representatives Group Photo 09:45 - 11:15 Session 1 - IFSB-15: Revised Capital Adequacy Standard for Institutions Offering Islamic Financial Services (IIFS) Components of Capital Capital Conservation Buffer Countercyclical Buffer Case Study on Components of Capital for IIFS 11:15 - 11:30 Coffee Break 11:30 - 13:00 Session 2 - IFSB-15: Revised Capital Adequacy Standard for IIFS (Cont’d) Leverage Ratio Domestic Systemically Important Banks Group Exercise on Leverage Ratio Case Study on Counter cyclical Buffer 13:00 - 14:00 Lunch and Prayer 14:00 - 16:00 Session 3 - IFSB-15: Revised Capital Adequacy Standard for IIFS (Cont’d) Credit Risk Weights for Various Counter parties Off-balance Sheet Exposures Exposures in Investments Made under Profit-Sharing Modes Past Due Receivables & Other Assets 16:00 - 16:30 Coffee Break Day 2 01/03/2017 09:30 - 11:00 Session 4 -IFSB-15: Revised Capital Adequacy Standard for IIFS (Cont’d) 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 5 - IFSB-15: Revised Capital Adequacy Standard for IIFS (Cont’d) Understanding the Market Risk in Islamic Finance Policies and Procedures for Market risk Guidance on Valuation Practices Group Exercise 13:00 - 14:00 Lunch and Prayer 14:00 - 16:00 Session 6 - IFSB-15: Revised Capital Adequacy Standard for IIFS (Cont’d) Understanding the Operational Risk in Islamic Finance Measuring Operational Risks Sharī`ah Non-compliance Risk Group Exercise 16:00 - 16:30 Coffee Break Day 3 02/03/2017 09:30 - 11:30 Session 7 - IFSB-15: Revised Capital Adequacy Standard for IIFS (Cont’d) Features of Sukūk and Securitisation Credit Enhancement for Sukūk Capital Requirements for Sukūk Case Studies 11:30 - 11:45 Coffee Break 11:45 - 13:15 Session 8 - GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management Application of the LCR in IIFS Definition and Categorisation of High Quality Liquid Assets (HQLA) Infrastructure Issues in the Availability of Sharī`ah-compliant HQLA Components of Total Net Cash Outflows 13:15 - 14:15 Lunch and Prayer 14:15 - 16:00 Session 9 - GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management (Cont’d) Formula for Calculating NSFR Available and Required Stable Funding Role of Supervisory Authorities Case Study 16:00 - 16:30 Coffee Break Day 4 03/03/2017 09:00 - 10:30 Session 10 - IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS Supervisory Preconditions, Criteria and Approaches for Effective Supervision of IIFS Key Elements in the Supervisory Review Process of IIFS Regulatory Capital Requirements Treatment of Investment Account Holders (IAH) and Displaced Commercial Risk 10:30 - 10:45 Coffee Break 10:45 - 11:00 Session 11 - IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS (Cont’d) Internal Capital Adequacy Assessment Process Islamic Windows Operations Assessment of Additional Issues Supervisory Transparency and Accountability 12:00 - 14:30 Lunch and Prayer 14:30 - 16:00 Session 12 - IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS (Cont’d) Governance and Risk Management Transparency and Market Discipline Consolidated and Home-host Supervision Case Study 16:00 - 16:30 Closing & Certificate Giving Ceremony 16:30 - 17:00 Coffee Break