The International Monetary Fund –Middle East Regional Technical Assistance Center (METAC) held a regional workshop on “Cross-Border and Consolidated Supervision”, in Beirut, Lebanon from June 2-4, 2015.

The workshop provided guidance on the methodologies and approaches for implementing efficient cross-border and consolidated supervision. It covered topics related to the relationships between home and host supervisors in sharing information on banking groups; key principles and tools for supervising banking groups; effective risk-data aggregation for better supervising banking groups; challenges in group and cross-border supervision; home-host relationship and supervisory college; procedures for cross-border inspection; and cross-border crises resolution.

The workshop provided a good setting for exchanging views, sharing experiences on how banking groups in their jurisdictions are supervised. Case studies on supervisory college and on cross-border and consolidated supervision were discussed. Some participants presented their countries’ experiences in implementing consolidated supervision.

The workshop was attended by directors, deputy directors, and senior bank examiners of supervision departments from the Middle East and North Africa region. The workshop was attended by 20 participants representing Afghanistan, Algeria, Iraq, Jordan, Lebanon, Libya, Sudan, Syria, Tunisia, and West Bank and Gaza.

Quick links:

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