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THE ARAB MONETARY FUND ORGANIZES THE THIRTY-FOURTH MEETING OF THE ARAB COMMITTEE FOR BANKING SUPERVISION ON DECEMBER 9 AND 10, 2019, IN ABU DHABI, UNITED ARAB EMIRATES DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

THE ARAB MONETARY FUND ORGANIZES THE THIRTY-FOURTH MEETING OF THE ARAB COMMITTEE FOR BANKING SUPERVISION ON DECEMBER 9 AND 10, 2019, IN ABU DHABI, UNITED ARAB EMIRATES

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THE ARAB MONETARY FUND ORGANIZES THE THIRTY-FOURTH MEETING OF THE ARAB COMMITTEE FOR BANKING SUPERVISION ON DECEMBER 9 AND 10, 2019, IN ABU DHABI, UNITED ARAB EMIRATES Empty THE ARAB MONETARY FUND ORGANIZES THE THIRTY-FOURTH MEETING OF THE ARAB COMMITTEE FOR BANKING SUPERVISION ON DECEMBER 9 AND 10, 2019, IN ABU DHABI, UNITED ARAB EMIRATES

Post by claud39 on Tue Dec 10, 2019 8:20 am

THE ARAB MONETARY FUND ORGANIZES THE THIRTY-FOURTH MEETING OF THE ARAB COMMITTEE FOR BANKING SUPERVISION ON DECEMBER 9 AND 10, 2019, IN ABU DHABI, UNITED ARAB EMIRATES


2019-12-10


THE ARAB MONETARY FUND ORGANIZES THE THIRTY-FOURTH MEETING OF THE ARAB COMMITTEE FOR BANKING SUPERVISION ON DECEMBER 9 AND 10, 2019, IN ABU DHABI, UNITED ARAB EMIRATES Image00002%20%28Large%29_1






The committee is discussing

Follow up on the implementation of Basel III requirements

Determinants of net interest margin in the banking sector

The internal evaluation process for capital adequacy in Arab countries

Challenges of applying IFRS 9 to Arab banks

Strengthening banking supervision work in the face of the electronic threats  

Combating money laundering and terrorist financing in Sharia-compliant financial institutions

 



His Excellency the Director General of the Board of Directors of the Arab Monetary Fund, Dr. Abdul Rahman bin Abdullah Al-Hamidi, opened the work of the thirty-fourth meeting of the Arab Committee for Banking Supervision, at the Intercontinental Hotel - Abu Dhabi in the United Arab Emirates, which extends its work on 9 and 10 December 2019.

 The committee is derived from the Board of Governors Central banks and Arab monetary institutions, and they include directors and officials of banking supervision at the central banks and Arab monetary institutions, in addition to the Arab Monetary Fund. 

The committee meeting will be attended as an observer, by representatives of the Federation of Arab Banks, the Federation of Arab Securities Authorities and the Financial Action Group for the Middle East and North Africa. Representatives from the Basel Committee on Banking Supervision, the Institute for Financial Stability, the General Council of Islamic Banks and Financial Institutions, the Center for Global Development and the Council of Islamic Financial Services also participate in the meeting.




The committee will discuss in the meeting, a number of topics, the most important of which are the determinants of net interest margin in the banking sector, the requirements for supervision of foreign banks, and the process of internal evaluation of capital adequacy in Arab countries, in addition to the challenges of applying IFRS 9 to Arab banks, where The experiences of Arab countries in this regard will be reviewed.

 The meeting program also includes identifying aspects related to countering electronic threats through reviewing international standards and the experiences of Arab countries in this field. 

The meeting will also discuss the variables that the supervisory authorities should take in the supervisory and supervisory methods in light of the rapid developments of financial technologies, the applications of blockchain technologies in the banking sector, and learn about the experience of Bank Al-Maghrib in the field of stress tests, in addition to the topic of combating money laundering and terrorist financing in institutions Sharia Compliant Finance.III  in emerging markets and developing economies, as well as briefing the meeting on the latest work of the Financial Action Group for the Middle East and North Africa (MENA FATF) on the results of the last evaluation round.




Likewise, in the item of exchange of experiences and expertise, it was customary to follow developments in the implementation of Basel III requirements  in the Arab countries, and to benefit from the experiences of countries in this regard.




It is worth noting that the Arab Committee for Banking Supervision aims to achieve many purposes, including following up the application of relevant international standards and approved recommendations, coordination in banking supervision issues, exchanging experiences and experiences between Arab countries, and seeking to update legislation, and work to strengthen the role of banking supervision And communication and coordination with the Basel Committee for Banking Supervision and other regional and international financial groups, in addition to working to transfer the view of Arab countries to international forums concerned with issues of banking supervision and financial stability.




It is worth noting that the Arab Monetary Fund is responsible for the technical secretariat of the committee. His responsibilities in this regard include contributing to the preparation of papers and studies for the committee, organizing workshops and conferences for senior officials to enhance exchange of experiences between central banks and Arab monetary institutions, and contributing to providing technical advice to Arab countries in the areas of banking supervision issues, along with communication and coordination With regional and international institutions and frameworks concerned with banking supervision issues.




THE ARAB MONETARY FUND ORGANIZES THE THIRTY-FOURTH MEETING OF THE ARAB COMMITTEE FOR BANKING SUPERVISION ON DECEMBER 9 AND 10, 2019, IN ABU DHABI, UNITED ARAB EMIRATES Image00005%20%28Large%29_1





THE ARAB MONETARY FUND ORGANIZES THE THIRTY-FOURTH MEETING OF THE ARAB COMMITTEE FOR BANKING SUPERVISION ON DECEMBER 9 AND 10, 2019, IN ABU DHABI, UNITED ARAB EMIRATES Image00001%20%28Large%29





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%B1%D8%A7%D8%A8%D8%B9-%D9%88%D8%A7%D9%84%D8%AB%D9%84%D8%A7%D8%AB%D9%8A%D9%86-%D9%84%D9%84%D8%AC%D9%86%D8%A9-%D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9-%D9%84%D9%84%D8%B1%D9%82%D8%A7%D8%A8%D8%A9-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%81%D9%8A%D8%A9-%D9%8A%D9%88%D9%85%D9%8A-9-%D9%88-10
claud39
claud39
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