Financial Sector Policies
Source details
- Canonical URL
- Financial Sector Policies
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Bibliographic details
- Published: July 24, 2025
Upcoming offerings
| Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
|---|---|---|---|---|---|---|
| November 8, 2026 | November 19, 2026 | Kuwait City, Kuwait | [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | CE 26.13 | English | Deadline passed |
| May 3, 2027 | May 14, 2027 | Vienna, Austria | [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | JV 27.14 | English | Apply online by January 31, 2027 |
Course overview
- Begins with an overview of financial risks and how they are transmitted within and between the financial system and the real sector.
- Examines the design and impact of financial sector policies to mitigate assessed vulnerabilities.
- Starts with the rationale for micro-prudential and macroprudential policies.
- Discusses interactions between macroeconomic and macro-prudential policies.
- Emphasizes preventive strategies and also covers policies to manage situations of financial distress and contingency planning.
- Uses a combination of lectures, case studies, and hands-on workshops to allow participants to discuss and experiment with various policies and gauge intended and unintended outcomes.
- Participants primarily interested in risk assessment are referred to the Financial Sector Surveillance course, where the focus is primarily quantitative.
Target audience
- Junior to senior government officials engaged in setting policy for the financial sector.
- Staff of central banks, financial regulators, and any other agencies involved in micro- or macroprudential oversight.
Qualifications
- Expected: an advanced degree in economics or finance, or equivalent work experience.
- Expected: a basic understanding of econometrics and the ability to interpret econometric results.
- Strongly recommended: a working knowledge of Microsoft Excel.
- Preferable: prior completion of the Financial Sector Surveillance (FSS) course because understanding and assessing financial sector risks is important to the design of mitigating policies.
Course objectives
Upon completion of the 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.