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THE ARAB MONETARY FUND ORGANIZES THE TWENTIETH MEETING OF THE ARAB COMMITTEE FOR PAYMENT AND SETTLEMENT SYSTEMS 12 - 13 FEBRUARY 2020, ABU DHABI - UNITED ARAB EMIRATES DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

THE ARAB MONETARY FUND ORGANIZES THE TWENTIETH MEETING OF THE ARAB COMMITTEE FOR PAYMENT AND SETTLEMENT SYSTEMS 12 - 13 FEBRUARY 2020, ABU DHABI - UNITED ARAB EMIRATES

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THE ARAB MONETARY FUND ORGANIZES THE TWENTIETH MEETING OF THE ARAB COMMITTEE FOR PAYMENT AND SETTLEMENT SYSTEMS 12 - 13 FEBRUARY 2020, ABU DHABI - UNITED ARAB EMIRATES Empty THE ARAB MONETARY FUND ORGANIZES THE TWENTIETH MEETING OF THE ARAB COMMITTEE FOR PAYMENT AND SETTLEMENT SYSTEMS 12 - 13 FEBRUARY 2020, ABU DHABI - UNITED ARAB EMIRATES

Post by claud39 on Wed Feb 12, 2020 10:01 am

THE ARAB MONETARY FUND ORGANIZES THE TWENTIETH MEETING OF THE ARAB COMMITTEE FOR PAYMENT AND SETTLEMENT SYSTEMS 12 - 13 FEBRUARY 2020, ABU DHABI - UNITED ARAB EMIRATES




2020-02-12


THE ARAB MONETARY FUND ORGANIZES THE TWENTIETH MEETING OF THE ARAB COMMITTEE FOR PAYMENT AND SETTLEMENT SYSTEMS 12 - 13 FEBRUARY 2020, ABU DHABI - UNITED ARAB EMIRATES Untitled-1%20%28Large%29










The committee is discussing:

Recent trends and developments in the techniques of total payment and settlement systems

Promote the digitization of government payments

Development of open banking services

Strengthening the general framework for supervision and control of payment systems and infrastructure for financial markets

The role of payment gateways and cross-border transfers in promoting financial inclusion

Opportunities and requirements for cloud computing applications in payment and settlement systems

See developments regarding the "brown" platform system for clearing and settling Arab brown payments

 

 

Today, Wednesday February 12, 2020, the twentieth periodic meeting of the Arab Committee for Payment and Settlement Systems was opened at Bab Al Qasr Hotel in Abu Dhabi. The directors of the payment and settlement systems and financial infrastructure departments of the central banks and Arab monetary institutions participate in the committee. Representatives of the General Secretariat of the Cooperation Council for the Arab States of the Gulf also attend a number of global central banks and regional and international institutions, including the World Bank Group, the International Settlement Bank, the International Payment Systems and Financial Infrastructure Committee, the African Development Bank, the European Central Bank, and the German Federal Supervisory Authority Banking, Euroclear, the German Development Agency, and the Swift Association. Representatives from the Emirates Banking Association and the Abu Dhabi International Financial Market will also participate in the meeting.
 

The committee aims to contribute to the development of payment and settlement systems in Arab countries, and to enhance coordination, cooperation and exchange of experiences and expertise in this regard between central banks and Arab monetary institutions. The Arab Monetary Fund, within the framework of its role as a technical secretariat for the Board of Governors of Central Banks and Arab Monetary Institutions, is responsible for the committee. His duties in this regard are based on preparing the agenda, contributing to studies and reports prepared by the committee, and following up on its recommendations.
 

The committee, which meets for two days, discusses a number of important topics, most notably: Promoting the digitization of government payments and their importance in developing digital government services, developments in the trends of payment and settlement systems technologies, as well as strengthening the general framework for supervision and control of payment systems, financial infrastructure and country experiences Arabic on this. The committee also discusses the role of payment gateways and cross-border transfers in promoting financial inclusion and appropriate policies in this regard. Discussions also touch on opportunities and options for cloud computing applications in payment and settlement systems, as well as discussing mechanisms for activating, organizing and supervising open banking services in Arab countries and their reflection in changing the business models of banking institutions. The committee will also review, in the framework of the exchange of experiences and expertise, the recent developments in the Arab countries in terms of payment systems, financial infrastructure and mechanisms for exchanging information on electronic threats. Finally, the committee reviews the latest developments in the establishment of the regional foundation for the clearing and settlement of Arab payments and the launch of the "structures" platform for Arab payments of the institution. It is reported that this institution is owned by the Arab Monetary Fund.
 

On this occasion, His Excellency the Director General, Chairman of the Board of Directors of the Arab Monetary Fund, noted the great development of topics and issues discussed by the Committee and its importance to Arab countries in enhancing the safety and efficiency of financial transactions, flow of payments and transfers. His Excellency also expressed his happiness with the wide participation of the relevant regional and international institutions in a way that enhances the importance of the committee as a platform for dialogue and exchange of experiences and expertise in matters of financial infrastructure systems.





THE ARAB MONETARY FUND ORGANIZES THE TWENTIETH MEETING OF THE ARAB COMMITTEE FOR PAYMENT AND SETTLEMENT SYSTEMS 12 - 13 FEBRUARY 2020, ABU DHABI - UNITED ARAB EMIRATES Image00015%20%28Large%29


THE ARAB MONETARY FUND ORGANIZES THE TWENTIETH MEETING OF THE ARAB COMMITTEE FOR PAYMENT AND SETTLEMENT SYSTEMS 12 - 13 FEBRUARY 2020, ABU DHABI - UNITED ARAB EMIRATES Image00013%20%28Large%29_0











claud39
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THE ARAB MONETARY FUND ORGANIZES THE TWENTIETH MEETING OF THE ARAB COMMITTEE FOR PAYMENT AND SETTLEMENT SYSTEMS 12 - 13 FEBRUARY 2020, ABU DHABI - UNITED ARAB EMIRATES Empty INTRODUCING THE COUNCIL

Post by claud39 on Wed Feb 12, 2020 10:27 am

I would like to show you something for the members of the forum, you must be wondering since I post on the forum why I share news of the Arab monetary fund, the director of the central bank of Iraq is part of the Arab monetary fund, and even that it is very to respect in front of his accomplices like director of the central banks in the middle east, then my reason to publish news of the Arab monetary bottom is that the central banks of Iraq follow the procedures with the monetary bottom Arab for their return to the international in my opinion, as I regularly mention I am not a guru, but the international monetary fund makes the project of financial inclusion in the Middle East, and also to Africa for here 2030, and we also see the meetings they make for their businesses between them, their new rules for customs between them etc ... currently the central bank of iraq is close in my opinion for their return, but it There is a government that is not finished, and the budget must be voted first! I share with you what is the Arab monetary fund so that you also understand the importance of their news, I wish you a good day everyone !!!


Claud (Moose)






INTRODUCING THE COUNCIL


THE ARAB MONETARY FUND ORGANIZES THE TWENTIETH MEETING OF THE ARAB COMMITTEE FOR PAYMENT AND SETTLEMENT SYSTEMS 12 - 13 FEBRUARY 2020, ABU DHABI - UNITED ARAB EMIRATES Logo-ar







Central banks and Arab monetary institutions began holding meetings at the governorate level since 1972, where the first meeting was held in Cairo in September 1972, followed by the second meeting in Baghdad in February 1975, then the third meeting in Amman in July 1978. It was agreed between Governors, during this third meeting, to hold annual meetings for them in the framework of a council called the Board of Governors of Central Banks and Arab Monetary Institutions, and under the umbrella of the League of Arab States.


At its fifth meeting, held in Riyadh in October 1980, the Council approved the procedural rules for its work. One of the most important of these procedural rules is to assign the technical secretariat duties to the Arab Monetary Fund in light of the purposes and objectives that the fund seeks to achieve. The procedural rules also included the establishment of a permanent office for council meetings in order to follow up on meeting decisions and prepare for upcoming meetings. The permanent office consists of the periodic head of the council, the vice president, the governor of the Central Bank of Egypt as the Arab Republic of Egypt, the headquarters state of the League of Arab States, and the governor of the Central Bank of the United Arab Emirates as the United Arab Emirates, the headquarters of the Arab Monetary Fund. The permanent office also includes the general manager, chairman of the Arab Monetary Fund, and the assistant secretary-general of the League of Arab States for Economic Affairs.


The purposes of the council are to support the important role played by central banks and Arab monetary institutions, and to work for more cooperation and exchange of experiences in the field of central banking between Arab countries. As well as working to coordinate the positions of Arab countries in facing international monetary problems in a way that achieves their common interests and in the same time contributes to solving global monetary problems.


Within the framework of these purposes, the Board of Governors of Central Banks and Arab Monetary Institutions is preparing and adopting the draft unified Arab discourse that is presented annually on behalf of the Arab Group at the annual meetings of the International Monetary Fund and the World Bank. The council will also discuss and approve the unified Arab economic report, which Arab financial institutions prepare about annual economic developments in Arab countries.


Realizing the importance of enhancing cooperation, coordination, and exchange of experiences and expertise in the field of banking supervision, the Council established in 1991 a committee emanating from it, which is the Arab Committee for Banking Supervision, and includes the directors of banking supervision departments in Arab central banks, in order to study developments in the field of banking supervision and the application of the Basel standards. In the same context, and in recognition of the importance of cooperation in the field of payment and settlement systems, the Council established in 2005 a committee emanating from it, the Arab Committee for Payment and Settlement Systems, and it includes the managers concerned with the development of payment and settlement systems in Arab central banks. Finally, in light of the growing interest in the topics of financial inclusion and access to financial and banking services, the Council approved in 2012 the establishment of a specialized regional working group to enhance financial inclusion in the Arab countries that follows the Arab Committee for Banking Supervision.


Besides meeting the draft of the unified Arab economic report and the draft unified Arab discourse, the annual meetings of the council include a review of the report and recommendations of the Arab Committee for Banking Supervision and the report and recommendations of the Arab Committee for Payment and Settlement Systems. There is also a permanent item on the agenda, which is the exchange of experiences and experiences between Arab central banks, where the experiences of some Arab central banks on issues and issues related to the work of central banks are reviewed. These annual meetings also represent an opportunity to study regional and international economic and banking developments and situations.


These annual meetings are attended as observers by the Arab Fund for Economic and Social Development, the Union of Arab Banks, the Federation of Arab Securities Authorities and Arab executives at the International Monetary Fund and the World Bank.



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Post by claud39 on Wed Feb 12, 2020 10:32 am

MEMBER LIST
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[rtl]the Hashemite Kingdom of Jordan [/rtl]
[rtl]His Excellency Dr. Ziyad Fariz[/rtl]
[rtl]The Governor of the Central Bank of Jordan[/rtl]
[rtl]Jordan Central Bank[/rtl]
[rtl]Amman - The Hashemite Kingdom of Jordan[/rtl]
 
[rtl]United Arab Emirates [/rtl]
[rtl]His Excellency Mubarak Rashid Al-Mansoori[/rtl]
[rtl]The Governor of the Central Bank of the United Arab Emirates[/rtl]
[rtl]Abu Dhabi - United Arab Emirates[/rtl]
 
[rtl]Bahrain [/rtl]
[rtl]His Excellency Mr. Rashid Mohamed Al Maraj[/rtl]
[rtl]The Governor of the Central Bank of Bahrain[/rtl]
[rtl]Central Bank of Bahrain[/rtl]
[rtl]Manama - Kingdom of Bahrain[/rtl]
 
[rtl]Republic of Tunisia [/rtl]
[rtl]His Excellency Dr. Marwan Al-Abbasi[/rtl]
[rtl]Governor of the Central Bank of Tunisia[/rtl]
[rtl]The Tunisian Central Bank[/rtl]
[rtl]Tunisia - the Republic of Tunisia[/rtl]
 
[rtl]The People's Democratic Republic of Algeria [/rtl]
[rtl]His Excellency Abdul Rahman Rawiya[/rtl]
[rtl]Governor of the Bank of Algeria[/rtl]
[rtl]Bank of Algeria[/rtl]
[rtl]Algeria - the People's Democratic Republic of Algeria[/rtl]
 
[rtl]Republic of Djibouti [/rtl]
[rtl]His Excellency Mr. Othman Ahmed Ali[/rtl]
[rtl]Governor of the Central Bank of Djibouti[/rtl]
[rtl]The Central Bank of Djibouti[/rtl]
[rtl]Djibouti - Republic of Djibouti[/rtl]
 
[rtl]Saudi Arabia [/rtl]
[rtl]His Excellency Dr. Ahmed bin Abdul Karim Al-Khulaifi[/rtl]
[rtl]The governor of the Saudi Arabian Monetary Agency[/rtl]
[rtl]Saudi Arabian Monetary Agency[/rtl]
[rtl]Riyadh, Saudi Arabia[/rtl]
 
[rtl]Republic of Sudan [/rtl]
[rtl]His Excellency Dr. Badr El-Din Abdel-Rahim[/rtl]
[rtl]Acting Governor of the Central Bank of Sudan[/rtl]
[rtl]Central Bank of Sudan[/rtl]
[rtl]Khartoum - Republic of Sudan[/rtl]
 
[rtl]Syrian Arab Republic [/rtl]
[rtl]His Excellency Dr. Hazem Younis Karfoul[/rtl]
[rtl]Governor of the Central Bank of Syria[/rtl]
[rtl]The Central Bank of Syria[/rtl]
[rtl]Damascus - Syrian Arab Republic[/rtl]
 
[rtl]The Federal Republic of Somalia [/rtl]
[rtl]His Excellency Abdul Rahman Muhammad Abdullah[/rtl]
[rtl]Governor of the Central Bank of Somalia[/rtl]
[rtl]Somali Central Bank[/rtl]
[rtl]Mogadishu - Federal Republic of Somalia[/rtl]
 
[rtl]

The Republic of Iraq 

[/rtl]
[rtl]

His Excellency Dr. Ali Mohsen Ismail

[/rtl]
[rtl]

Governor of the Central Bank of Iraq

[/rtl]
[rtl]

The Central Bank of Iraq

[/rtl]
[rtl]

Baghdad - Republic of Iraq

[/rtl]
SUIT......

https://www.amf.org.ae/ar/page/%D9%82%D8%A7%D8%A6%D9%85%D8%A9-%D8%A7%D9%84%D8%A3%D8%B9%D8%B6%D8%A7%D8%A1
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Post by claud39 on Wed Feb 12, 2020 10:34 am

MEMBER LIST
SUIT.....

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[rtl]Sultanate of Oman [/rtl]
[rtl]His Excellency Taher bin Salem bin Abdullah Al-Omari[/rtl]
[rtl]CEO of the Central Bank of Oman[/rtl]
[rtl]Central Bank of Oman[/rtl]
[rtl]Muscat - Sultanate of Oman[/rtl]
 
[rtl]State of Palestine [/rtl]
[rtl]His Excellency Dr. Muhammad Mustafa[/rtl]
[rtl]Chairman of the Board of Directors of the Palestinian Investment Fund[/rtl]
[rtl]Ramallah - State of Palestine[/rtl]
 
[rtl]Qatar [/rtl]
[rtl]His Excellency Sheikh Abdullah bin Saud Al Thani [/rtl]
[rtl]Qatar Central Bank Governor[/rtl]
[rtl]Qatar Central Bank[/rtl]
[rtl]Doha - State of Qatar[/rtl]
 
[rtl]United Republic of Comoros [/rtl]
[rtl]His Excellency Yunus Iman[/rtl]
[rtl]Lunar Central Bank Governor[/rtl]
[rtl]The Central Bank of the United Republic of Comoros[/rtl]
[rtl]Moroni - United Republic of Comoros[/rtl]
 
[rtl]Kuwait [/rtl]
[rtl]His Excellency Dr. Muhammad Youssef Al-Hashel[/rtl]
[rtl]The Governor of the Central Bank of Kuwait[/rtl]
[rtl]Central Bank of Kuwait[/rtl]
[rtl]Safat - State of Kuwait[/rtl]
 
[rtl]Lebanon Republic [/rtl]
[rtl]His Excellency Riad Salama [/rtl]
[rtl]The Governor of the Bank of Lebanon[/rtl]
[rtl]Lebanon bank[/rtl]
[rtl]Beirut - Lebanese Republic[/rtl]
 
[rtl]State of Libya [/rtl]
[rtl]His Excellency, Omar Al Kabeer[/rtl]
[rtl]Governor of the Central Bank of Libya[/rtl]
[rtl]Central Bank of Libya[/rtl]
[rtl] Tripoli - the State of Libya[/rtl]
 
[rtl]The Egyptian Arabic Republic [/rtl]
[rtl]His Excellency Tariq Amer     [/rtl]
[rtl]Governor of the Central Bank of Egypt[/rtl]
[rtl]Egyptian Central Bank[/rtl]
[rtl]Cairo - Arab Republic of Egypt[/rtl]
 
[rtl]The Kingdom of Morocco [/rtl]
[rtl]His Excellency Abdul Latif Al-Jawahery [/rtl]
[rtl]Governor of Bank Al-Maghrib / Central Administration[/rtl]
[rtl]Bank of Morocco[/rtl]
[rtl]Rabat - Kingdom of Morocco[/rtl]
 
[rtl]The Islamic Republic of Mauritania [/rtl]
[rtl]His Excellency Abdel Aziz Ould Dahi[/rtl]
[rtl]Governor of the Central Bank of Mauritania[/rtl]
[rtl]Mauritanian central bank[/rtl]
[rtl] Nouakchott - Islamic Republic of Mauritania[/rtl]
 
[rtl]Republic of Yemen [/rtl]
[rtl]His Excellency Hafiz Farih Ayyad[/rtl]
[rtl]Governor of the Central Bank of Yemen[/rtl]
[rtl]The Central Bank of Yemen[/rtl]
[rtl]Aden - The Republic of Yemen[/rtl]


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