1. The Central Bank performs its supervisory and regulatory role in committee meetings by appointing one or more qualified individuals to attend all committee meetings as "observers."

2. Committee meetings are held with the Central Bank’s knowledge and approval; the institution's representative must be provided with meeting schedules and minutes. The Central Bank has the right to propose amendments or additions to the minutes.

3. The Central Bank reviews proposals submitted by the executive committee on supervisory and regulatory matters, as well as other topics.

1. The representative of the central bank attends committee meetings as an "observer," and their role is limited to supervision and oversight. They do not have the right to vote on any decisions or proposals.

2. The representative of the central bank ensures that financing companies are aware of all central bank instructions and directives, to ensure the committee operates efficiently and effectively.

3. During meetings, the central bank representative provides committee members with documents related to the committee’s work.

4. The central bank representative acts as the liaison between the central bank and the committees.

1. All proposals issued by various sub-committees must be submitted to the executive committee for review and evaluation. The executive committee will then study the proposals.

2. Opinions and proposals submitted to the central bank must have been thoroughly discussed by the executive committee.

3. The executive committee should conduct research and analysis and review best practices and local and international standards to ensure the effectiveness of the proposal before submitting it to the central bank.

4. The proposal submitted to the central bank should clearly outline the nature of the issues being addressed, current practices both locally and internationally in dealing with such issues, and analyze the advantages and disadvantages of the current situation along with the proposed changes.

5. The proposal submitted to the central bank must include the following minimum information:

•  The main topic in a specific and clear manner.
•  Key problems and current and potential risks.
• Available alternatives.
•  Sector practices related to the proposed topic, including references to best practices.
•  Recommendations.
•  Identification of necessary resources and methods for securing them.