Financial Advice Programme (FAP)

1. Financial Advice Programme (FAP) • BIBF’s Financial Advice (FAP) programme has been developed to offer training for financial advisers, based on the requirements set out in the CBB Rule Book. • It is the first locally customised programme in Bahrain endorsed by the CBB as the minimum mandatory qualification for entry level financial advisors in the Kingdom. • The programme aims to help junior financial advisors understand client requirements.

2. Financial Advice Programme (FAP) The programme covers: • Financial Services and Regulation in Bahrain including roles and responsibilities of financial advisor • financial planning and advisory process • risk assessment and investment rationale • financial products • global history of financial regulation • regulatory role of the CBB; commercial laws of Bahrain; CBB Rulebook • international regulators and regulation • and finally corporate governance and ethics.

3. Structure of the risk Management Programmes 3

4. Level 1: Fundamentals of Risk Management • Fundamentals of Risk Management is aimed at professionals employed in an area related to financial risk management with three years or less of relevant work experience at the time of entry to the programme • aims to provide a broad knowledge of the fundamentals of Risk Management with detailed and advance knowledge in some techniques, theories and their applications. • It will enable an entry level risk professional to carry on routine risk management practices; • be able to handle non-routine risk management practices under supervisory guidance; enable them to work autonomously and take initiative in some areas. • It covers areas like Introduction to Risk Management, Financial Products and Markets; Introduction to Financial Statements; Credit Risk; Market Risk; Risks in Fixed Income and Equity Products; Liquidity Risk; Operational Risk, Capital Adequacy and Regulation; Introduction to Risks in Islamic Finance; and Introduction to Insurance Products and Risks.

5. Level II: Advanced Financial Risk Management • aims to provide a detailed, integrated knowledge of the theories and principles of risk management; • will enable participants, on successful completion of the programme to analyse, evaluate and interpret situations and present solutions from varied as well as limited information; • enable participants to deal with certain degrees of unpredictability and complexity; help them to demonstrate some originality and insight in practicing risk management; develop advanced knowledge of ethical and professional issues; and guide them to become aware of own and other’s roles and responsibilities. • It covers areas like Credit Risk Management; Market Risk Management; Equity Risk Management; Asset Liability Management; Operational and Systemic risk; Basel II, Basel III and other regulations; Enterprise Risk Management; Shari’a and Islamic Jurisprudence and Islamic Finance Risk Management.

6. Federal Reserve5-days Bank Analysis and Examination School at BIBF, BahrainDate : April 17-21, 2011  Course Overview • This is an intensive, intermediate-level course based on risk management and analytical concepts that apply to all areas of supervision: examinations, inspections, surveillance, and applications. The program emphasizes risk-focused examination and its products as well as common analytical and supervisory themes and techniques. Course Objectives • Upon completion of this 5-day course, the participant will, at a minimum, be able to • Discuss and apply risk-focused examination techniques to a bank • Analyze the financial condition of a bank using a Uniform Bank Performance Report (UBPR) • Use information from a bank examination report and a UBPR to present an analysis of the bank’s condition • Provide an introductory analysis and classification of a loan • Become familiar with various regulatory and financial topics, including principles of internal controls, information systems, and supervisory strategies