The Islamic Financial Services Board (IFSB) issues two new Exposure Drafts (ED) for public consultation starting 31 October 2014 to 5 January 2015, and invites comments from regulatory and supervisory authorities, international organisations, market players, academics and other interested parties. The EDs are as follows:
• ED-17: Standard on Core Principles for Islamic Finance Regulation (Banking Segment)
• ED of GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management in Institutions Offering Islamic Financial Services [Excluding Islamic Insurance (Takaful) Institutions and Islamic Collective Investment Schemes].
The IFSB will also conduct two Public Hearings during the public consultation period. Accordingly, the IFSB Secretariat invites all interested parties, including the IFSB members, to send their comments on the EDs to the Secretariat at: ifsb_sec@ifsb.org latest by 5 January 2015.
The two EDs are available for download from the IFSB website at www.ifsb.org.