Central Bank discusses operational strategy for 2014-2016

Central Bank of the UAE held its High-Level Meeting on Saturday and Sunday at Mercure Grand Jebel Hafeet, Al Ain City to discuss Central Bank strategy. The meeting was attended by the Governor Sultan bin Nasser Al Suwaidi, the Assistant Governors, Executive Directors and Senior Officials including Branch Managers, Examination Team Leaders and Supervisory Reviewers. The meeting is aimed at discussing the Central Bank's Strategy and its Operational Plan for 2014-2016, Projects of Banking Supervision Department, Monetary Policy and Financial Stability Department and Banking Operations Department, which are linked to the strategy. In addition, the meeting would discuss other important topics of interest to the Central Bank. The meeting also aims at enhancing communication among officials of various departments and branches. The meeting also discussed Central Bank's preparations for the reception of the International Monetary Fund and World Bank Financial Sector Assessment Program (FSAP) team during the year 2014. The meeting was concluded by a risk presentation by an officer from Deloitte, on the various risks that could possibly face financial institutions.