www.ifsb.com - The IFSB Council Adopts Two New Guiding Principles for the Islamic Financial Services Industry
Manama/Kuala Lumpur, 29 March 2012 - The Council of the Islamic Financial Services Board (IFSB) has resolved to approve the adoption of two new Guiding Principles in its 20th Meeting in Manama, Bahrain today. The two documents are:
IFSB-12: Guiding Principles on Liquidity Risk Management for Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takāful) Institutions and Islamic Collective Investment Schemes)
IFSB-13: Guiding Principles on Stress Testing for Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takāful) Institutions and Islamic Collective Investment Schemes) (source)
Showing posts with label risk management. Show all posts
Showing posts with label risk management. Show all posts
Friday, March 30, 2012
Thursday, January 12, 2012
INDONESIA - REGULATONS - Starting BI Monitor Calculation and Return on Investment Risk
REPUBLIKA.CO.ID, JAKARTA - Bank Indonesia (BI) began to oversee the calculation of two additional risk management in Islamic banks, namely the risk of investment (equity of investment risk) and risk of the yield (rate of return risk). Although not yet taken into account in risk assessment (risk profile), Islamic banks are required to calculate how much capital to the management of these risks. (source)
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