Arab Monetary Fund Convenes the 24th Meeting of the Financial Stability Task Force in Arab Countries

7–8 October 2026, Abu Dhabi, United Arab Emirates

The Arab Monetary Fund (AMF) convenes today the 24th meeting of the Financial Stability Task Force in Arab Countries at its headquarters in Abu Dhabi. The two-day meeting brings together directors of financial stability departments at Arab central banks and monetary authorities, as well as representatives of regional and international financial institutions and bodies.

The meeting is held in line with the AMF’s strategic directions aimed at strengthening economic stability across Arab countries and reinforcing its role as a trusted policy advisor and strategic partner supporting the development of financial and monetary policies and enhancing institutions’ capacity to address emerging risks and challenges.

 

The meeting discusses a range of priority issues, including risks associated with the use of artificial intelligence in the financial sector and related mitigation tools; stress testing and the macroprudential framework for cybersecurity risks; capital flow management and macroprudential tools to address external shocks and global market volatility; as well as structural vulnerabilities and resilience in sukuk markets. The meeting also reviews preparations for the 2027 Financial Stability Report, along with the Task Force’s future directions and work plan.

 

H.E. Dr. Fahad M. Alturki, Director General Chairman of the Board of the AMF, emphasized the importance of strengthening the preparedness of the financial and banking sector to address emerging risks, particularly those related to artificial intelligence and cybersecurity, amid the rapid transformations taking place across the financial sector.

H.E. commended the efforts of Arab central banks and monetary authorities in strengthening the soundness and resilience of the financial and banking sector and developing prudential frameworks and policies in line with international standards and best practices. He emphasized that knowledge and expertise exchange, along with the development of risk-monitoring tools, supports the AMF’s strategic directions to strengthen economic stability and build institutional capacity across Arab countries.

 

H.E. also valued the participation of regional and international financial institutions and bodies in enriching the discussions. He highlighted the interest of the Council of Arab Central Banks and Monetary Authorities Governors in the Task Force’s work and outcomes, as well as its role in strengthening cooperation and facilitating the exchange of experiences and expertise among Arab countries.

 

Representatives from the Financial Stability Institute, the Financial Stability Board, the Islamic Financial Services Board, and the Deutsche Bundesbank participate in the meeting. The Financial Stability Task Force operates under the Council of Arab Central Banks and Monetary Authorities Governors, with the Arab Monetary Fund serving as its technical secretariat.