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pinckie
12-13-2009, 07:52 AM
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Conscious / Lebanon hosts the meeting of 19 of the Arab Committee for Banking Supervision


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Conscious / Office Beirut
13/12/2009 12:30 pm
Start on Monday in the Lebanese capital Beirut Events of the Nineteenth Meeting of the Arab Committee for Banking Supervision of the Board of Governors of Central Banks and Monetary Agencies Arabic.

The Office (News Agency, Iraqi Information / conscious) In Beirut, said the meeting, which continues its two-day meetings organized by the Arab Monetary Fund in his capacity as Technical Secretariat of the Council and the host of the Bank of Lebanon and the Banking Control Commission.The Arab Monetary Fund said in a statement today to the importance of this meeting in light of the global financial crisis highlighted the need to strengthen risk management and strengthen the role of oversight and supervision by central banks. The statement said the meeting's agenda includes the issue of banking supervision and the most important developments of the past year, in addition to the latest actions taken by the Arab countries to strengthen banking supervision and improve risk management in banks and financial institutions to ensure financial stability and banking sector. The statement pointed out that the Nineteenth Meeting of the Arab Committee for Banking Supervision, will discuss the working paper on the sound management of liquidity risk and control in the context of the efforts of the Arab Committee for Banking Supervision to discuss a method of banking supervision at each meeting with a view to reaching a collective agreement on this subject is then guided by the as frameworks and legislation in force and applicable in each of the Arab countries. It should be noted that the Arab Committee for Banking Supervision, arising from the Board of Governors of central banks and Arab monetary institutions and is composed of directors with oversight of these banks and institutions as well as the Arab Monetary Fund, which serves as a technical secretariat. The work of the Committee held in the context of the continuing efforts of the Arab Monetary Fund, aimed at achieving financial and monetary stability in the Arab countries

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