Roundtable on Regulating Institutions Offering Islamic Financial Services (IIFS): Risk Management Lessons Learned from the Crisis
Al Ghazal 2, The Ritz-Carlton Bahrain Hotel & Spa Manama, BahrainThis 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
