## Macro-Stress Testing (MST)

## Source details

**Canonical URL:** [Macro-Stress Testing (MST)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/mstce26-37)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ce/2026/mstce26-37/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ce/2026/mstce26-37/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ce/2026/mstce26-37/bundle-manifest.json)

## Bibliographic details
- Session: CE 26.37
- Location: Kuwait City, Kuwait
- Dates: October 25, 2026 - November 5, 2026 (2 weeks)
- Delivery method: In-person Training
- Primary language: English
- Interpretation language: Arabic
- Status: Deadline passed

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### Target audience and qualifications
- Target Audience: Mid-level to senior officials working on financial supervision or financial stability in central banks or other supervisory authorities.
- Qualifications: Participants are expected to have experience with stress testing, Basel regulations, and financial stability analysis.
- Deadline passed

### Logistics and session identifiers
- Session No.: CE 26.37
- Location: Kuwait City, Kuwait
- Date: October 25, 2026 - November 5, 2026 (2 weeks) New dates
- Delivery Method: In-person Training
- Primary Language: English
- Interpretation Language: Arabic

### Course description and scope
- The course discusses recent developments in stress testing for banks and NBFIs.
- The course is adapted to regional specificities, such as the one offered for the Middle East and Northern Africa (MENA) region includes analysis of Islamic finance.
- The course gives participants the opportunity to learn and apply new tools used or created by IMF for purposes of stress testing and systemic risk analysis.
- New, emerging topics in stress testing covered include:
  - feedback loops between real and financial sectors,
  - asset fire-sales,
  - climate,
  - systemwide liquidity,
  - fintech related risks.
- Some of the tools are integral to the Financial Sector Assessment Program (FSAP) and technical assistance missions.
- The course allows participants to share their experiences on stress testing methodologies and financial stability analysis.
- Much of the course consists of hands-on modules that expose participants to the entire stress testing cycle: from entering data and estimating macro-financial models to designing scenarios, selecting assumptions, running tests, integrating feedback loops between financial and real sectors, communicating the results, and incorporating them in policy decision making, for example, by informing the calibration of capital and liquidity buffers.

### Course objectives
Upon completion, participants should be able to:
- Identify main sources of systemic risks.
- Summarize the principles for developing macro-financial stress scenarios.
- Link changes in macroeconomic and financial variables with capital and liquidity positions of financial institutions and measure their relative impact.
- Assess the resilience of individual entities and the financial system to solvency and liquidity stress.
- Develop and incorporate models that capture second round effects or interactions between different risk types.

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## References

- [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Integrating Basel III Liquidity Standards with ILAAP A Framework for Effective Liquidity Risk Management](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/ce26-31)
- [Climate in Macroeconomic Framework (CMF)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/cmfat26-22)
- [Big Data for Macroeconomic Statistics (BDMS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/bdmsat26-27)
- [Financial Development and Financial Inclusion (FDFI)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/fdfiat26-24)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/mstce26-37_