20 May 2009

IFSB, IDB-IRTI and UKTI cooperate in organising a Conference on Emerging Financial Stability Framework

The Islamic Financial Services Board, Islamic Development Bank and Islamic Research and Training Institute will be organising a Conference on Emerging Financial Stability Framework on 1st July in London, which the United Kingdom Trade and Investment is hosting.

The one-day Conference aims to highlight and discuss various regulatory and supervisory issues arising from emerging initiatives undertaken in establishing a framework for the financial stability of the Islamic financial services industry. By covering areas such as the structure of the industry and financial stability, the legal framework and safety nets, as well as the liquidity infrastructure, the Conference will attempt to facilitate a thorough analysis of factors and preconditions that should support the resilience of the Islamic financial services industry.

The Conference will bring together over fifteen renowned chairpersons and speakers, including The Honorable Lord Mervyn Davies, Minister for UKTI, His Excellency Dr Ahmad Mohamed Ali Al-Madani, President of the Islamic Development Bank, His Excellency Dr. Muhammad Sulaiman Al-Jasser, IFSB Chairman and Governor of the Saudi Arabian Monetary Agency, several other central bank governors as well as a line-up of senior industry experts and academics. These speakers will be sharing their views in four sessions entitled:

1. Structure of Islamic Financial Services Industry (IFSI) and Financial Stability;
2. Emerging Prudential Framework;
3. Legal Infrastructure and Safety Nets; and
4. Liquidity Infrastructure.

Participation in the conference is by invitation only and participants are expected to comprise financial regulators and supervisors, industry experts and academics.

For more information on the conference, please visit www.ifsb.org/london2009

No comments: