Association of Private Banks Conducts a workshop for the requirements of ISO quality management systems

Economy News _ Baghdad

The Iraqi Private Banks Association held a workshop on Thursday titled "Requirements for Quality Management Systems in accordance with the ISO System" at the headquarters of the Association, with the participation of the Central Bank and a number of government and private banks and financial transfer companies.

The director of administration and training in the Association of Iraqi private banks, Ahmed Hashemi, during the workshop and attended by "Economy News", that "the importance of different quality management systems according to the ISO system within the requirements set by the Central Bank and to see the systems used in international banking institutions," noting that " The Association organized this workshop in cooperation with Al-Qawama for Engineering and Management Consulting to introduce participants from the banking sector on how to plan according to the requirements of the Business Continuity Standard and to audit them. "

Hashemi added that "the workshop will enable participants to develop the audit plan and checklists and the ability to know the points of non-conformity of the system."

He pointed out that "the target group in the workshop are quality and risk management officials and officials of the security and information technology in the banking and financial sector."


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The Association of Iraqi Special Banks concludes the course of ISO quality management requirements


Economy News _ Baghdad

The Association of Iraqi Private Banks concluded Thursday a training course titled "Requirements of various quality management systems according to the ISO system", with the participation of the Central Bank and a number of government and private banks and financial transfer companies.
The banking adviser to the Association of Iraqi private banks, Samir Nusairi, during the closing ceremony and attended by "Economy News", "The Association works in partnership with the Central Bank on the work of training for employees in the banking sector in accordance with the latest systems in force internationally, and the requirements set by the Central Bank of banks operating in Iraq "He said.
"The course enabled the participants to develop the audit plan and review lists in accordance with the requirements of the Business Continuity Standard and the ability to know the points of non-conformity of the system."
For his part, Director of Quality Management Department in the Central Bank Hussein Faisal, said that "the training conducted by the Association in general is the basis of a strategic plan developed by the Central Bank in cooperation with the Association, aimed at developing cadres working in the bank and the Iraqi banking sector," adding that " To issue central instructions to implement the continuity of business in the banking sector, indicating the mechanism that can achieve the appropriate return to the sector.
"The certificate obtained by the trainees is specialized in the continuity of business in the banking sector in accordance with ISO 22301". This criterion is within the requirements of the World Bank and the Basel Committee, which issued a set of specialized instructions in this area on the need to be applied by banks worldwide for special standards for business continuity "He said.
"The central bank has sought to apply this standard for the first time in Iraq and its integration with an international standard issued by the International Organization for Standardization (ISO)" and applies this standard in most of the global central banks.




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