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Financial Sector Policies (FSP)

FSP

This course, presented by the Institute for Capacity Development, begins with an overview of financial risks and how they are transmitted within and between the financial system and the real sector. Participants then examine the design and impact of financial sector policies to mitigate assessed vulnerabilities starting with the rationale for micro-prudential and macroprudential policies. The interactions between macroeconomic and macro-prudential policies are also discussed. Although the emphasis is on preventive strategies, the course also discusses policies to manage situations of financial distress and contingency planning. The combination of lectures, case studies, and hands-on workshops allows participants to discuss and experiment with various policies to gauge their outcomes, intended and unintended. Those who are primarily interested in risk assessment are referred to the Financial Sector Surveillance course, where the focus is primarily quantitative.

Read More Topic : Financial Sector Policies

    Target Audience

    Junior to senior government officials engaged in setting policy for the financial sector, particularly the staff of central banks, financial regulators, and any other agencies involved in micro- or macroprudential oversight.

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    Qualifications

    Participants are expected to have an advanced degree in economics or finance, or equivalent work experience; a basic understanding of econometrics; the ability to interpret econometric results; and working knowledge of Excel. It is strongly recommended that applicants have completed the online Financial Market Analysis (FMAx) course and the Financial Sector Surveillance (FSS) course because understanding and assessing financial sector risks is important to the design of mitigating policies.

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    Course Objectives

    Upon completion of this course, participants should be able to: 

    • Identify channels through which shocks are transmitted between the financial sector and the real economy, and within and between financial systems.  
    • Analyze relevant micro- and macroprudential policies, how they are likely to interact with other policies, and any possible unintended consequences. 
    • Recommend macroprudential tools to prevent and mitigate systemic risk and identify likely specific implementation challenges. 
    • Assess the effectiveness of micro-prudential and macroprudential policies. 
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    Upcoming Offering

    Start date End date Location Delivery Method Session No. Primary & (Interpretation) language Apply
    June 2, 2025 June 13, 2025 Washington, D.C., United States In-person Training OT 25.12 Spanish Apply online by April 25, 2025
    November 10, 2025 November 21, 2025 Vienna, Austria In-person Training JV 25.35 English Apply online by August 3, 2025
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    Apply Now - Application deadline approaching:

    IMF offers online training to government officials and the public. Click Learn more to find our current offerings.

    Monetary Policy (MP)

    English | January 27, 2025 - March 7, 2025 | Blended Training | Ebene, Mauritius

    Apply online by December 13, 2024

    Financial Sector Surveillance (FSS)

    English | March 17-28, 2025 | In-person Training | Vienna, Austria

    Apply online by December 15, 2024

    Monetary Policy (MP)

    English | March 24, 2025 - April 4, 2025 | In-person Training | Vienna, Austria

    Apply online by December 15, 2024

    Implementing Effective Regulation and Supervision of Climate-related Financial Risks

    English | January 27-31, 2025 | In-person Training | Colombo, Sri Lanka

    Apply online by December 16, 2024

    IMF Financial Operations Special Drawing Rights (SDRX)

    English | September 1, 2024 - December 31, 2024 | Online Training | Course conducted online

    Apply online by December 17, 2024