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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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    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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    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
    May 5, 2024 May 16, 2024 Kuwait City, Kuwait In-person Training CE 24.12 English Deadline passed
    May 6, 2024 May 17, 2024 Singapore, Singapore In-person Training ST 24.18 English Deadline passed
    May 6, 2024 May 17, 2024 Singapore, Singapore In-person Training ST 24.15 English Deadline passed
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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.

    Risk Based Supervision

    English (Arabic) | June 2-6, 2024 | In-person Training | Kuwait City, Kuwait

    Apply online by April 17, 2024

    Financial Programming and Policies (FPP)

    English (French, Portuguese) | June 3-14, 2024 | In-person Training | Ebene, Mauritius

    Apply online by April 19, 2024

    Compilation of Macro-relevant Environment and Climate Change Statistics - Advanced (CMECC-A)

    English | August 19-30, 2024 | In-person Training | Washington, D.C., United States

    Apply online by April 21, 2024

    Financial Development and Financial Inclusion (FDFI)

    English | August 19-30, 2024 | In-person Training | Washington, D.C., United States

    Apply online by April 21, 2024