{
  "title": "Systemic Macro Financial Risk Analysis (MFRA)",
  "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/ct/2024/mfract24-06",
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  "summary": "Systemic Macro Financial Risk Analysis Training Program Target Audience Officials from central bank financial stability departments, banking regulatory and supervisory bodies, and ministries of finance.",
  "publishDate": "2025-10-14",
  "sections": [
    {
      "heading": "Training program overview",
      "content": "- Session No.: CT 24.06\n- Location: Beijing, China\n- Date: May 27-31, 2024 (1 week)\n- Delivery Method: In-person Training\n- Primary Language: English\n- Presented by: Monetary and Capital Markets Department"
    },
    {
      "heading": "Target audience and qualifications",
      "content": "- Target Audience:\n  - Officials from central bank financial stability departments\n  - Banking regulatory and supervisory bodies\n  - Ministries of finance\n- Qualifications:\n  - Participants are expected to have a degree in economics or finance.\n  - Experience with financial stability analysis is highly desirable."
    },
    {
      "heading": "Course description",
      "content": "- Provides a comprehensive overview of the theories, tools, and techniques necessary for the analysis of risks to financial stability.\n- Topics include:\n  - Development of risk dashboards\n  - Identification of vulnerabilities\n  - Use of stress tests of banks (including to assess climate-related risks) and non-financial entities\n  - Network and contagion analysis\n- Methodology:\n  - Uses real life examples derived mainly from FSAPs\n  - Allows participants to work on case studies"
    },
    {
      "heading": "Course objectives",
      "content": "Upon completion of this course, participants should be able to:\n- Explain how to use balance sheet and market data to construct risk indicators to measure and monitor sector and systemic risk.\n- Summarize the tools and data needed for thorough monitoring of systemic risk.\n- Define data inputs, outputs, and applications of several types of systemic risk models, their pros, and cons, and how they relate to one other.\n- Build models that relate macro variables to the time series of risk indicators.\n- Analyze risk transmission and feedback between macro variables and risk indicators for:\n  - Banks\n  - Nonbank financial institutions\n  - Corporates\n  - Households\n  - The sovereign\n- Understand climate risk transmission channels.\n- Analyze sovereign-bank linkages."
    }
  ],
  "bullets": [
    "Session No.: CT 24.06",
    "Location: Beijing, China",
    "Date: May 27-31, 2024 (1 week)",
    "Delivery Method: In-person Training",
    "Primary Language: English",
    "Presented by: Monetary and Capital Markets Department",
    "Target Audience:",
    "Qualifications:",
    "Provides a comprehensive overview of the theories, tools, and techniques necessary for the analysis of risks to financial stability.",
    "Topics include:",
    "Methodology:",
    "Explain how to use balance sheet and market data to construct risk indicators to measure and monitor sector and systemic risk.",
    "Summarize the tools and data needed for thorough monitoring of systemic risk.",
    "Define data inputs, outputs, and applications of several types of systemic risk models, their pros, and cons, and how they relate to one other.",
    "Build models that relate macro variables to the time series of risk indicators.",
    "Analyze risk transmission and feedback between macro variables and risk indicators for:",
    "Understand climate risk transmission channels.",
    "Analyze sovereign-bank linkages."
  ],
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  "generatedAtUtc": "2026-09-29T17:05:14.603Z"
}