CBO, UAB TO ORGANISE SEMINAR ON BASEL III

MUSCAT: The Union of Arab Banks (UAB) in cooperation with the Central Bank of Oman (CBO) is organising a three-day specialised seminar on ‘Basel III – The New Framework for Liquidity and Stress Tests’, at Crowne Plaza Muscat.

The seminar, which opens today, will highlight the reforms made to the overall management systems to liquidity risk, and established interim arrangements approved by the Basel committee to enter into the stage for application of new standards for liquidity, which include liquidity coverage ratio and the ratio of net fixed funding. Rabi’ Ni’ma, banking expert, academic and head of risk assessment at the Banking Control Commission in Lebanon, will lead the seminar.

SOURCE: Muscat daily