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Financial Sector Policies (FSP)

FSP

This course, presented by the Institute for Capacity Development, begins with an overview of how risks are transmitted within and between the financial and real sectors. Participants then examine the design and impact of financial sector policies for mitigating vulnerabilities by starting with the rationale for both microprudential and macroprudential policies. The interactions between macroeconomic and prudential policies are also discussed. Although the emphasis is on preventive strategies, the course discusses policies to deal with distress situations. 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 that is the focus.

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 microprudential and macroprudential policies.
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    Upcoming Offering

    Start date End date Location Session No. Primary & (Interpretation) language Apply
    October 19, 2020 October 30, 2020 Antigua, Guatemala OT 20.06V Spanish Invitation
    October 26, 2020 November 6, 2020 Vienna, Austria JV 20.34 English Cancelled
    November 9, 2020 November 20, 2020 Ebene, Mauritius AT 20.09V English (French) Apply online by September 25, 2020
    March 8, 2021 March 12, 2021 Bridgetown, Barbados OT 21.05V English Invitation
    April 19, 2021 April 30, 2021 Washington D.C., United States OT 21.01V Spanish Apply online by March 12, 2021
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    Apply Now - Application deadline approaching:

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

    Virtual - Financial Sector Surveillance (FSS)

    English, November 2-6, 2020, Vienna, Austria

    Apply online by September 20, 2020

    Virtual - Financial Development and Financial Inclusion (FDFI)

    English, November 16-27, 2020, Singapore, Singapore

    Apply online by September 21, 2020

    Virtual - Economic Issues in Regional Integration (ERI)

    English (French), October 12-23, 2020, Ebene, Mauritius

    Apply online by September 23, 2020

    Virtual - Fiscal Frameworks (FF)

    English (French), October 26, 2020 - November 6, 2020, Ebene, Mauritius

    Apply online by September 23, 2020

    Virtual - Financial Sector Policies (FSP)

    English (French), November 9-20, 2020, Ebene, Mauritius

    Apply online by September 25, 2020