Result Based Management Framework - METAC

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The supervisors at the CBOS are well trained and have good knowledge of the
international supervisory standards and prudential requirements for Islamic
banking products and services.
The CBOS has an updated regulatory framework that includes comprehensive
instructions and guidelines on the supervision of Islamic banking services and
products.
The CBOS has effective operational frameworks including manuals for effective
supervision of Islamic banks and a strong enforcement framework.
Outputs
METAC will continue the assistance provided to the CBOS in enhancing its credit
registry function through:
Continuing the peripatetic visits by the short-term expert to ensure the new credit
registry system is functioning properly and is being used effectively by banks and
CBOS departments.
Explore the possibility of further upgrading the capability of CIASA to include
data from Micro-Finance Institutions (MFIs) and to provide credit scoring
services.
The training provided to the CBOS supervisors and staff will cover a multitude of
banking supervision and financial stability topics, including: stress testing, dealing with
weak banks, macro prudential oversight, and risk-focused supervision. METAC will also
assist in developing new banking regulations and enhancing some of the existing
prudential regulations, namely: enforcement regulation, stress testing guidelines, and loan
classification and provisioning.
METAC TA will also aim at strengthening the practices and procedures followed for
supervision of banks, including:
Developing new risk-focused manuals for the onsite inspection and the offsite
analysis of banks.
Developing new policies and manuals for supervising and monitoring weak and
problematic banks.
Risks /Assumptions
Overall political circumstances and security conditions in Sudan remain amenable to
providing TA.