UMS students attend seminar on banking industry issues
LABUAN: The Labuan Faculty of International Finance (FKAL) conducted a seminar series on current issues on the banking industry in Malaysia on April 19 at Universiti Malaysia SabahLabuan International Campus.
The programme was attended by lecturers and students of the faculty. This is the third activity of FKAL Alumni Association this year in collaboration with the faculty.
The seminar was officiated by the deputy dean (Student Affair & Alumni), Dr Mohd Fahmi Ghazali who also served as the first observer. Also attended was Samsulbahri Mohd Nasir who served as the second observer.
The speaker was the former student, Mohammad Amizan Amin, FKAL Alumni, now serves as a Treasury Dealer at Kuwat Finance House (Labuan) Berhad. He delivered a topic titled “Basel III requirement: Liquidity and Daily Banking Flow for Malaysia Market”
Basel III is an international regulatory accord that presented a set of reforms deliberate to mend the regulation and risk management in the banking industry as it was departed in late 2009.
To date, Basel III is intended to strengthen capital requirement for both Islamic and conventional banks like in the case of Malaysia. This framework increases Tier 1 capital (4%-4.5%) while the overall capital ratio is remained stable at 8%.
According to Dr Mohd Fahmi, the purpose of the seminar series was to establish a continuous link between the faculty and FKAL alumnus and alumnae in the form of knowledge sharing and industrial exposure to students at large.
According to the second observer, Samsulbahri Mohd Nasir, the programme was conducted to expose HE20 International and Offshore Banking students to the state of the art of the banking industry issues and to expose them with perspectives of future career advancements in the banking sector.
The programme ended with a small briefing and a token of appreciation by Dr Mohd Fahmi to Mohammad Amizan for the support and he also thanks Samsulbahri for making the programme a success.