Improvement of Policies and Procedures for Central Bank Supervisory Functions
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| No upcoming Schedule available for this course. | Register |
|---|---|
| Did you know you can also choose your own preferred dates & location? click the register button. | Register |
Program Overview
This course is designed to enhance the capacity of SAMA personnel in reviewing, developing, and improving internal policies and procedures governing supervisory and regulatory operations. As a central bank regulator, SAMA plays a critical role in ensuring financial system stability, enforcing regulatory compliance, and promoting effective governance among financial institutions. This course will help align internal processes with international best practices, improve risk responsiveness, and ensure consistent supervisory outcomes.
Who Should Attend?
- This course is intended for professionals working in:
- Banking Supervision Departments
- Regulatory Policy & Research Units
- Compliance & Internal Control Functions
- Legal & Risk Management Departments
- Macroprudential and Microprudential Oversight Teams
- Strategy and Organizational Development Units
Ideal for: Mid-to-senior level supervisors, policy analysts, inspection team leads, regulatory framework designers, and decision-makers involved in policy governance and supervisory planning at SAMA.
Learning Objectives
By the end of the course, participants will:
- Understand the lifecycle and governance of regulatory policies and supervisory procedures.
- Identify gaps and areas for enhancement in existing internal frameworks.
- Apply international best practices (e.g., BCBS, FATF, IOSCO, IMF recommendations) to policy development.
- Develop and implement a structured approach to improve, document, and update internal policies and procedures.
- Strengthen coordination between departments for policy effectiveness and supervisory impact.
Training Methodology
This is an interactive training program and will consist of the following training approaches:
- Lectures
- Seminars & Presentations
- Group Discussions
- Assignments
Like all our courses, this program follows the ‘Do-Review-Learn-Apply’ model.
Course content
Module 1: Introduction and Role of Policy in a Supervisory Context
- Importance of effective policies and procedures in financial supervision
- Relationship between policies, procedures, and regulatory outcomes
- SAMA’s role and responsibilities in the regulatory ecosystem
Module 2: Principles of Good Policy Governance
- Characteristics of sound supervisory policy frameworks
- Transparency, accountability, consistency, and responsiveness
- Overview of international standards (BCBS Core Principles, IMF assessments)
Module 3: Lifecycle of Policy Development
- Identification of regulatory gaps and risks
- Policy formulation and drafting protocols
- Stakeholder consultation and inter-departmental coordination
Module 4: Diagnostic Tools for Policy and Procedure Assessment
- Benchmarking and gap analysis techniques
- Internal audit feedback, compliance reviews, supervisory insights
- Lessons from international peer regulators
Module 5: Policy Impact Assessment and Risk-Based Review
- Evaluating policy effectiveness
- Risk-based approach to prioritizing procedural updates
- Integrating feedback loops and supervisory data insights
Module 6: Case Studies from Other Central Banks
- Examples from the Bank of England, MAS (Singapore), and ECB
- Best practices in supervisory policy modernization
- Practical lessons learned
Module 7: Designing and Documenting Effective Procedures
- Structure and clarity in procedural documents
- Templates, process flows, and accountability matrices
- Version control and audit trail mechanisms
Module 8: Policy Implementation and Change Management
- Communicating changes across the organization
- Training, awareness, and compliance tracking
- Handling resistance and ensuring operational alignment
Module 9: Governance and Oversight of Policy Updates
- Establishing a policy committee or review board
- Monitoring and review schedules
- Role of digital tools in policy lifecycle management
Module 10: Hands-On Policy Review Workshop
- Participants review a sample SAMA policy/procedure
- Identify strengths, weaknesses, and improvement points
- Present and discuss group findings
Module 11: Developing a Policy Improvement Plan
- Step-by-step planning guide
- Alignment with SAMA’s strategic objectives and regulatory priorities
- Integration with risk management and internal control frameworks
Module 12: Wrap-Up and Forward Planning
- Summary of key takeaways
- Recommended next steps for SAMA departments
- Establishing a culture of continuous policy improvement
FAQs
4 simple ways to register with RCADEMY:
- Website: Log on to our website www.rcademy.com. Select the course you want from the list of categories or filter through the calendar options. Click the “Register” button in the filtered results or the “Manual Registration” option on the course page. Complete the form and click submit.
- Telephone: Call +971 58 552 0955 or +44 20 3582 3235 to register.
- E-mail Us: Send your details to [email protected]
- Mobile/WhatsApp: You can call or message us on WhatsApp at +971 58 552 0955 or +44 20 3582 3235 to enquire or register.
Believe us; we are quick to respond too.
Yes, we do deliver courses in 17 different languages.
Our course consultants on most subjects can cover about 3 to maximum 4 modules in a classroom training format. In a live online training format, we can only cover 2 to maximum 3 modules in a day.
Our public courses generally start around 9 am and end by 5 pm. There are 8 contact hours per day.
Our live online courses start around 9:30am and finish by 12:30pm. There are 3 contact hours per day. The course coordinator will confirm the Timezone during course confirmation.
A valid RCADEMY certificate of successful course completion will be awarded to each participant upon completing the course.
A ‘Remotely Proctored’ exam will be facilitated after your course. The remote web proctor solution allows you to take your exams online, using a webcam, microphone and a stable internet connection. You can schedule your exam in advance, at a date and time of your choice. At the agreed time you will connect with a proctor who will invigilate your exam live.
