## Financial Sector Policies

## Source details

**Canonical URL:** [Financial Sector Policies](https://www.imf.org/en/capacity-development/training/icdtc/courses/fsp)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/courses/fsp/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/courses/fsp/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/courses/fsp/bundle-manifest.json)

## Bibliographic details
- Published: July 24, 2025

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## 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)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | [CE 26.13](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fspce26-13) | 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)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | [JV 27.14](https://www.imf.org/en/capacity-development/training/icdtc/schedule/jv/2027/fspjv27-14) | English | [Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=JV27.14E) 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.

---


## References

- [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [CE 26.13](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fspce26-13)
- [JV 27.14](https://www.imf.org/en/capacity-development/training/icdtc/schedule/jv/2027/fspjv27-14)
- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)
- [Fiscal Sustainability (FS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fsce26-38)
- [Safeguards Assessments of Central Banks (SAC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/sacat26-30)
- [Macroeconomic Management in Resource Rich Countries (MRC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/mrcce26-44)
- [Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=JV27.14E)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/courses/fsp_