
IFSB FIS Workshop Series (Nigeria): IFSB-4, IFSB-5, IFSB-7, GN-2.
- Bali, IndonesiaThis 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 [email protected]. 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