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IFSB - FIS Regional Workshops on Liquidity Risk Management and Stress Testing Standards

Date posted: 20 March 2013

IFSB – FIS Regional Workshops on Liquidity Risk Management and Stress Testing Standards

Kuala Lumpur, 20 March 2013 – The Islamic Financial Services Board (IFSB) is organising the Facilitating the Implementation of the IFSB Standards (FIS) Regional Workshops in Labuan, Malaysia on 25 – 27 March 2013. These Regional Workshops are hosted by the Labuan Financial Services Authority (Labuan FSA).

The Regional Workshops, which are catered for the banking sector, will focus on risk management issues in institutions offering Islamic financial services (IIFS), with particular attention given to liquidity risk management and stress testing arrangements for Islamic banks.

Liquidity Risk Management covers various liquidity risk management topics that are of relevance to both IIFS and their supervisory authorities. The issues that will be discussed are, a) Necessary Conditions for an Effective Liquidity Risk Management in IFSI; b) Identification of Liquidity Risk; c) Risk Management Strategies for Liquidity Risk; d) Reporting and Disclosure of Liquidity Risk; and e) Supervision of Liquidity Risk Management.

Stress Testing will discuss issues faced by regulatory and supervisory authorities as well as market players while conducting stress testing in IIFS. Focus will be given to specific characteristics of IIFS to ensure accuracy and effectiveness of the assessment. The Workshop will consist of live simulations and exercises, particularly on how to conduct stress testing at the "Micro" (or IIFS) level.

The Workshops are tailored for both regulatory and supervisory authorities as well as the market players that are members of the IFSB in particular from the Asian region.

Details of the Regional Workshops are as follows:
Date: 25 – 27 March 2013
Time: 09:00 – 16:30
Venue: Grand Dorsett Labuan, Malaysia

For more information on the Workshops, please visit www.ifsb.org or contact Mrs. Azizakhon Yarlaeva at aziza@ifsb.org or +6 03 9195 1420.


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