Virtual : Financial Sector Surveillance
Source details
- Canonical URL
- Virtual : Financial Sector Surveillance
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Bibliographic details
- Session: CT 23.01V
- Location: Beijing, China
- Dates: March 20-24, 2023 (1 week)
- Delivery method: Virtual Training
- Primary language: English
- Status: New dates
Invitation and course logistics
- Session No.: CT 23.01 V
- Location: Beijing, China
- Date: March 20-24, 2023 (1 week)
- Delivery Method: Virtual Training
- Primary Language: English
- Presented by: Institute for Capacity Development
Target audience and qualifications
- 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.
- 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.
Course description
- The course introduces participants to key concepts and tools used in the identification and assessment of financial sector vulnerabilities and sources of strength.
- Provides a basic toolkit to assess financial sector risks and measure them against existing capital and liquidity buffers in the financial system.
- Focuses on early identification of unwarranted macro-financial imbalances and 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.
- Uses a combination of lectures and hands-on workshops to allow participants to apply essential risk assessment techniques.
Course objectives
- Upon completion of this course, participants should be able to:
- Measure the main risks facing banks (e.g., credit, market, 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.
- 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, real estate prices, 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.
References