THE ARAB MONETARY FUND (AMF) WILL HOLD ITS 9TH MEETING OF THE FINANCIAL STABILITY WORKING GROUP (FATF) ON WEDNESDAY, THURSDAY AND THURSDAY, 27 AND 28 FEBRUARY 2019 AT THE INTERCONTINENTAL HOTEL, ABU DHABI, UNITED ARAB EMIRATES.

by **claud39** Wed Feb 27, 2019 7:32 am

https://www.amf.org.ae/ar/content/%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D9%86%D9%82%D8%AF-%D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A-%D9%8A%D9%86%D8%B8%D9%85-%D8%A7%D9%84%D8%A7%D8%AC%D8%AA%D9%85%D8%A7%D8%B9-%D8%A7%D9%84%D8%AA%D8%A7%D8%B3%D8%B9-%D9%84%D9%81%D8%B1%D9%8A%D9%82-%D8%B9%D9%85%D9%84-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D9%82%D8%B1%D8%A7%D8%B1-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A-%D9%81%D9%8A-%D8%A7%D9%84%D8%AF%D9%88%D9%84-%D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9-%D8%A7%D9%84%D8%A7%D8%B1%D8%A8%D8%B9%D8%A7%D8%A1

THE ARAB MONETARY FUND (AMF) WILL HOLD ITS 9TH MEETING OF THE FINANCIAL STABILITY WORKING GROUP (FATF) ON WEDNESDAY, THURSDAY AND THURSDAY, 27 AND 28 FEBRUARY 2019 AT THE INTERCONTINENTAL HOTEL, ABU DHABI, UNITED ARAB EMIRATES.

2019-02-27

THE ARAB MONETARY FUND (AMF) WILL HOLD ITS 9TH MEETING OF THE FINANCIAL STABILITY WORKING GROUP (FATF) ON WEDNESDAY, THURSDAY AND THURSDAY, 27 AND 28 FEBRUARY 2019 AT THE INTERCONTINENTAL HOTEL, ABU DHABI, UNITED ARAB EMIRATES. JNL01225

The risk of indebtedness of the family sector and its impact on financial stability

The implications of virtual currencies on financial stability

Application of real estate asset price index and indicators of financial stability

The ninth meeting of the Financial Stability Working Group (FATF) was opened Wednesday morning at the InterContinental Hotel in Abu Dhabi. It is noteworthy that the team emanates from the Board of Governors of Central Banks and Arab Monetary Institutions, and includes in its membership directors of financial stability departments of these banks and institutions, in addition to the Arab Monetary Fund, which is the technical secretariat. The meeting is also attended by a representative of the Union of Arab Banks and the Union of Arab Securities Commissions, together with the Financial Stability Board and the Financial Stability Institute.

The team contributes to the development of policies and tools related to enhancing financial stability in the Arab countries and exchanging experiences and experiences in this regard. Preparation of financial stability reports in the Arab countries, preparation of working papers and studies on the state of financial stability in the Arab countries and related areas, as well as contributing to enhancing awareness of issues of financial stability through the holding of seminars and workshops and the issuance of periodic reports thereon.

The meeting will discuss a number of new topics, including the impact of rising global interest rates on financial stability in the Arab countries, fluctuations in oil prices and their impact on bank deposits. The rise in global interest rates and fluctuations in oil prices affect the liquidity of the banking system. To study the risks arising from developments in interest rates, fluctuations in oil prices and their effects on financial stability in Arab countries. The team will also discuss the implementation of the real estate asset price index and its role in monitoring asset price bubbles and thus estimating risk in the real estate market. In addition to many new topics that concern the issues of financial stability in the Arab countries such as the impact of movements in the prices of risky assets on financial stability, the bank's financial stability plan and tools to reduce the bubbles of real estate and credit growth.

The meeting will also discuss a number of working papers, including determining the size of the indebtedness of the family sector in the Arab countries and their impact on financial stability, as the increasing interest in this issue in different countries, as the excessive indebtedness of this sector constitute systemic risks that negatively affect the financial, social and economic stability, The safety of the corporate sector, the identification of risks and their implications for the financial sector in the Arab countries, and the risks and repercussions of the virtual currencies on the financial sector. The meeting will also review the joint report of the Arab Monetary Fund, the International Monetary Fund and the World Bank on the relations of correspondent banks with Arab countries, in addition to preparations for the Arab Financial Stability Report for 2019.

It should be noted that the Arab Monetary Fund, as part of its role as technical secretariat of the Board of Governors of Central Banks and Arab Monetary Institutions, is the secretariat of the Group. In this regard, the Fund's functions are based on preparing the agenda, contributing to studies and reports prepared by the Committee and following up the recommendations of the Panel.

THE ARAB MONETARY FUND (AMF) WILL HOLD ITS 9TH MEETING OF THE FINANCIAL STABILITY WORKING GROUP (FATF) ON WEDNESDAY, THURSDAY AND THURSDAY, 27 AND 28 FEBRUARY 2019 AT THE INTERCONTINENTAL HOTEL, ABU DHABI, UNITED ARAB EMIRATES. JNL01182