EXECUTIVE PROGRAM ON ISLAMIC FINANCE Global Developments and Strategic Insights September 29-30, 2015 Manama, Bahrain
PROGRAM DESCRIPTION EXECUTIVE PROGRAM ON Islamic Finance Global Developments and Strategic Insights This two-day program, held jointly by the IIF and CIBAFI, will provide a strategic perspective on the key issues facing the Islamic Finance sector. An impressive range of expert industry practitioners will share their insights and thought leadership on approaches and new strategies. It will serve as an excellent opportunity to benchmark and improve best practices. Agenda topics include the global macroeconomic outlook, key regulatory developments impacting the sector, product development, corporate governance, and anti-financial crime strategy. The event will conclude with a panel discussion exploring the key risks facing Islamic Finance. Executive industry leaders and expert speakers will share their insights and experiences with one another while developing best practice approaches to the topics. LEARNING OBJECTIVES Understand key global regulatory developments and macroeconomic outlooks Compare best practices and governance Consider leading antifinancial crime strategies Define leadership approaches and benchmark your business Examine oversight approaches to product innovation and development Gain insights on emerging risks facing your business PLEASE JOIN US IN MANAMA TO TAKE ADVANTAGE OF THIS UNIQUE OPPORTUNITY. IDEAL FOR EXECUTIVES IN: Risk Management Economics Banking Governance Legal and Regulatory Product Development Oversight Business Strategy/Leadership REGISTRATION Registration is open up to one week prior to program start date or until capacity is reached. Capacity limitations may force some programs to close registration early. PROGRAM FACTS Date: September 29-30, 2015 Location: Manama Venue: TBC CPD/CE: 12 hours Program Fee: - CIBAFI - IIF Member $2,500 (USD) - Non-Member $2,900 (USD) This training course will be eligible for CPD/CE credits through the Chartered Institute for Securities & Investment (CISI), the CFA Institute, and the Global Association of Risk Professionals (GARP). 2
TUESDAY SEPT. 29 8:30 am 9:00 am REGISTRATION 9:00 am 9:30 am SESSION 1: WELCOMING SESSION Opening remarks Introduction to the program 9:30 am 11:00 am SESSION 2: ECONOMIC AND FINANCIAL MARKETS A GLOBAL MACROECONOMIC PERSPECTIVE An overview of the health of the global economy How ongoing market volatilities, fiscal realities, and regulatory challenges impact business Corporate application of economic and financial market strategy 11:00 am 11:30 am COFFEE BREAK 11:30 am 1:00 pm SESSION 3: EVOLVING GLOBAL REGULATORY ENVIRONMENT AND OUTLOOK Current and future regulatory developments Impact of new regulation for senior management and executives Implications of regulation on business models and customers 1:00 pm 2:00 pm LUNCH GROUP PHOTO 2:00 pm 3:30 pm SESSION 4: ISLAMIC INVESTMENT A Islamic Finance approach to global investing Implementation techniques High yield opportunities in a low growth environment 3 3:30 pm 4:00 pm COFFEE BREAK 4:00 pm 5:30 pm SESSION 5: PRODUCT DEVELOPMENT- THE WAY FORWARD Past trends and success of Islamic banking products Product innovation 5:30 pm 7:30 pm RECEPTION & LIGHT DINNER (all participants expected to attend) 3
WEDNESDAY SEPT. 30 9:00 am 10:30 am SESSION 6: CORPORATE GOVERNANCE LEADERSHIP AND OWNERSHIP ACCOUNTABILITIES Staying abreast of key regulatory changes BCBS guidance Current and future developments in Shariah governance 10:30 am 11:00 am COFFEE BREAK 11:00 am 12:30 pm SESSION 7: REPUTATION RISK: RESPONSIBILITIES OF EXECUTIVES AND SENIOR MANAGEMENT Mitigating reputational risk in a firm The importance of culture 12:30 pm 1:30 pm LUNCH 1:30 pm 3:00 pm SESSION 8: OVERSEEING AN ANTI-FINANCIAL CRIME STRATEGY Background and context of global AFC regulation and its significance Analysis of local regulatory trends and developments Ensuring the currency and effectiveness of an AFC compliance framework 3:00 pm 3:30 pm COFFEE BREAK 3:30 pm 4:30 pm SESSION 9: STRATEGIC CONSIDERATIONS AND RISKS FOR ISLAMIC FINANCE MOVING FORWARD (PANEL DISCUSSION) Review of the main takeaways from the two days What are the areas where more focus is needed going forward? What are the major emerging risks? 4:30 pm 5:00 pm CLOSING SESSION 4
About the IIF The Institute of International Finance is the leading global association of financial institutions, with close to 500 members from more than 70 different countries. Our members include banks, insurance companies, asset managers, sovereign wealth funds, pension funds, central banks, and development banks. Our mission is to support our members in prudently managing risks and to advocate for regulatory, financial, and economic policies that are in the broad interest of our members and that foster global financial stability and sustainable economic growth. About CIBAFI General Council for Islamic Banks and Financial Institutions (CIBAFI) is a nonprofit institution that is the umbrella for Islamic financial institutions worldwide. It was founded by the Islamic Development Bank (IDB) and a number of leading Islamic financial institutions, CIBAFI is affiliated with the Organisation of Islamic Cooperation (OIC). Established on 16 May 2001, in the Kingdom of Bahrain. Today CIBAFI with 112 members from 30 countries around the world is recognised as a key piece in the international architecture of Islamic finance. In its mission to support Islamic financial services industry by being the leading industry voice advocating regulatory, financial and economic policies that are in the broad interest of our members and that foster the development of the Islamic financial services industry and sound industry practice, CIBAFI is guided by its Strategic Objectives, which are 1) Policy, Regulatory Advocacy, 2) Research and Publications, 3) Awareness and information sharing and 4) Professional Development.