IMF’s Middle East Regional Technical Assistance Center Concludes Training on Banking SupervisionPress Release No. 14/391
August 15, 2014
The International Monetary Fund’s Middle East Regional Technical Assistance Center (METAC) held a regional workshop titled ‘Basel III: Practical Aspects and Implementation’ in Beirut, Lebanon from August 12 to 14, 2014.1 The workshop attracted directors and deputy directors of supervision departments, and senior bank examiners from the Middle East and North Africa (MENA) region. The workshop was attended by 20 participants representing 10 METAC member countries—Afghanistan, Algeria, Egypt, Iraq, Lebanon, Sudan, Syria, Tunisia, West Bank, and Yemen.
During the workshop, participants had the opportunity to engage in interactive, hands-on training on how countries in the MENA region could coordinate implementation and practices of Basel III standards on banking supervision among their various supervisory authorities. It also focused on improving the ability of banks’ examiners and supervisors to better evaluate their institutions’ capital adequacy in relation to inherent risks and assess the adequacy of their liquidity measures.
The workshop provided a good setting for exchanging views, sharing experiences and developing networks for cross-border collaboration on banking supervision. Case studies about the calculation of capital adequacy ratio under Basel III and the measurement of liquidity according to the Liquidity Coverage Ratio (LCR) standard were also presented and discussed. A selected number of participants presented their countries’ experiences in Basel III implementation and highlighted the measures taken by their respective supervisory authorities to implement the new measurement of the LCR.
Press Release No. 04/224: Inauguration of the Middle East Regional Technical Assistance Center (METAC)
Factsheet: IMF Technical Assistance
Factsheet: IMF Regional Technical Assistance Centers
1 Basel III is a comprehensive set of reform measures to strengthen the regulation, supervision and risk management in the banking sector.