The Workshops are hosted by the Central Bank of Sudan Participation is BY INVITATION only. For more information on the Workshops, please email Mrs. Azizakhon Yarlaeva at [email protected] Programme - Event Session(s) Date Time Topics Day 1 29/01/2013 08:45 - 09:00 Opening Remarks by the IFSB 09:00 - 10:30 Session 1: Overview of the Risk Management for the IIFS Islamic Finance: Concept and Contracts and Risks Implication for IIFS Overview of Prudential Issues in IIFS Credit Risk Equity Investment Risk Operational Risk Market Risk Liquidity Risk Rate of Return Risk 10:30 - 11:00 Coffee Break 11:00 - 12:30 Session 2: Guiding Principles on Liquidity Risk Management for 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 12:30 - 13:00 Coffee Break & Prayers 13:00 - 14:30 Session 3: Guiding Principles on Liquidity Risk Management for 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 14:30 - 15:30 Lunch Day 2 30/01/2013 09:00 - 10:30 Session 4: Guiding Principles on Liquidity Risk Management for IIFS Collaboration Between IIFS Meeting Payment and Settlement System Obligations Foreign Exchange Liquidity Risk Reporting and Disclosure of Liquidity Risk Group Discussion 10:30 - 11:00 Coffee Break 11:00 - 12:30 Session 5: Guiding Principles on 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 Home-Host and Cross-Sector Supervision of Liquidity Risk Contingency Planning Supervisors Role in the Development of Liquidity Infrastructure Appendices: Suggested Metrics and Monitoring Tools Group Discussion 12:30 - 13:00 Coffee Break & Prayers 13:00 - 14:30 Session 6: 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 IFSB Comprehensive Stress Testing Framework for IIFS Governance Aspects of the Stress Testing Framework Identification of Risk Factors and Coverage of Scenarios 14:30 - 15:30 Lunch Day 3 31/01/2013 09:00 - 10:30 Session 7: Guiding Principles on Stress Testing for IIFS (Cont d) Specific Elements of IIFS in Stress Testing Stress Testing Methodologies Frequency of Stress Testing Outputs of Stress Testing and Remedial Actions Disclosure of the Stress Testing Programme Comprehensive Case Study on Liquidity Risk Stress Testing Group Exercise 10:30 - 11:00 Coffee Break 11:00 - 12:30 Session 8: Stress Testing Solvency Simulation Exercises: How to Conduct Micro Level (or IIFS Level) Stress Testing Capital Requirements Stress Testing Credit Risk and Market Risk Related Stress Testing 12:30 - 13:00 Coffee Break & Prayers 13:00 - 14:30 Session 9: Guiding Principles on Stress Testing for Supervisory Authorities Regular and Comprehensive Assessments of IIFS Stress Testing Supervisory Evaluation of an IIFSs 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 14:30 - 14:50 Closing Ceremony 14:50 - 15:30 Lunch Downloadable Document(s) 1.) Event Session(s) - PDF Format