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Bahrain workshop to focus on liquidity risk

MANAMA, May 22, 2015

The General Council for Islamic Banks and Financial Institutions (CIBAFI), a global umbrella of Islamic financial institutions, has announced it is holding a technical workshop on liquidity risk management next month.

The workshop is scheduled to be held at the Four Seasons Hotel Bahrain Bay on June 9 and 10, said a report in the Gulf Daily News (GDN), our sister publication.

The workshop is part of series organised by CIBAFI as part of its professional development initiatives.

It is targeted to mid-level staff of Islamic banks and financial institutions.

The two-day training aims to provide professionals with the skills and knowledge that would enable them to manage and mitigate liquidity risks facing their institutions; and to comprehend the regulatory framework and compliance in liquidity requirements, organisers said.

Focus of the workshop will be on key regulatory global developments and recent trends in liquidity risk management in Islamic finance.

This includes regulatory liquidity requirements from Basel III, LCR, NSFR and IFSB related liquidity standards, root causes of major liquidity crisis, specific drivers, and mitigation, liquidity risk in governance framework and treasury operations; and case studies and exercises and regulatory compliance in liquidity requirements for Islamic financial institutions.

The initiative is aligned with organisations' strategic mission, to enhance capacity building in the Islamic financial services industry. - TradeArabia News Service




Tags: management | liquidity | Risk | CIBAFI |

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