TAGSB and GARP Host 'Basel III and Its Implications on Emerging Markets' Lecture

23 Feb 2011


The lecture addressed various subjects, including the new framework of Basel III announced by Basel Committee that focused on how the mechanism shall protect the financial system from any upcoming crisis

AMMAN ---------February 23, 2011------Talal Abu-Ghazaleh Graduate School of Business (TAGSB)/German Jordanian University and Global Association of Risk Professionals (GARP) organized on FebruaTAGSB and GARP Host 'Basel III and Its Implications on Emerging Markets' Lecture ry 20, 2011, a lecture entitled “Basel III and Its Implications on Emerging Markets” at Talal Abu-Ghazaleh Business Forum in the presence of GARP University Chapter Director, Dr. Bana Abu Zayed, university professors, financial experts and students.

Mr. Arafat Al – Fayoumi, executive assistant manager of Banking Supervision Department at the Central Bank of Jordan, presented a lecture addressing various subjects, including the new framework of Basel III announced by Basel Committee that focused on how the mechanism shall protect the financial system from any upcoming crisis.

A comprehensive debate has taken place between Mr. Al-Fayoumi and students with special focus on the following themes: What is new in Basel III? Is it really needed in emerging markets? Will Basel III rules hinder the emerging markets, upon which the global economy has become so dependent?

Dr. Hisham Gharaybeh, TAGSB Dean, addressed briefly the significance of this issue at present in the light of the economic changes. Dr. Gharaybeh also appreciated the youth tendency to continue theiTAGSB and GARP Host 'Basel III and Its Implications on Emerging Markets' Lecture r academic studies in the different fields of business administration.

The Global Association of Risk Professionals (GARP) is a not-for-profit independent association of close to 150,000 risk management practitioners and researchers representing banks, investment firms, government agencies, academic institutions, and corporations from more than 195 countries worldwide. As the leading professional association for risk managers, GARP’s mission is to advance the knowledge and expertise of financial risk management through education, training and the promotion of best practices globally.