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Financial Sector Surveillance (FSS)

This course, presented by the Institute for Capacity Development, introduces participants to key concepts and tools used in the identification and assessment of financial sector vulnerabilities and sources of strength. The course provides a basic toolkit to assess financial sector risks and measure them against existing capital and liquidity buffers in the financial system. The discussions focus on the early identification of unwarranted macro-financial imbalances and the analysis of the transmission of financial distress across institutions, markets, and economic sectors, with the objective of reducing the likelihood and the severity of financial crises. A combination of lectures and hands-on workshops allows participants to apply essential risk assessment techniques.

Read More Topic : Financial Sector Policies

    Target Audience

    Junior to senior government officials tasked with surveillance of the financial sector, especially staff of the central bank, financial regulators, and other agencies that engage in macroprudential oversight.

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    Qualifications

    Participants are expected to have a degree in economics or finance, preferably at the master’s level, or equivalent work experience; good quantitative skills; and proficiency in the use of computers to analyze data. It is strongly recommended that applicants have completed the online Financial Market Analysis (FMAx) course. Because many of the workshops use Microsoft Excel worksheets, familiarity with the basics of Excel is important.

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    Course Objectives

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

    • Measure the main risks facing banks (e.g., credit, market, liquidity, funding) and their respective capital and liquidity buffers, from a systemic financial stability perspective.
    • Design and perform basic stress tests of solvency and liquidity and interpret the results. 
    • Understand the main climate risk drivers and transmission channels to financial institutions’ balance sheets and perform basic climate stress tests.  
    • Recognize the importance of nonbank financial intermediaries and their links to banks.
    • Assess macro-financial linkages, including the links between the financial sector, the government, and the real economy, along with potential amplification mechanisms.
    • Track the buildup¿of systemic risk and vulnerabilities associated with credit, leverage, balance sheet mismatches, and interconnectedness.
    • Assess how shocks can amplify throughout the financial system, e.g., through adverse liquidity spirals or feedback effects between asset prices and leverage.
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    Syllabus

    This two-week course aims at providing a foundation to assess financial sector risks. The course targets government officials charged with financial sector surveillance
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    Upcoming Offering

    Start date End date Location Delivery Method Session No. Primary & (Interpretation) language Apply
    March 17, 2025 March 21, 2025 Ebene, Mauritius Virtual Training AT 25.05V English (French, Portuguese) Apply online by January 31, 2025
    March 17, 2025 March 28, 2025 Vienna, Austria In-person Training JV 25.07 English Apply online by December 15, 2024
    May 19, 2025 May 30, 2025 Singapore, Singapore In-person Training ST 25.14 English Apply online by March 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