## Financial Sector Policies

## Source details

**Canonical URL:** [Financial Sector Policies](https://www.imf.org/en/capacity-development/training/icdtc/schedule/jv/2024/fspjv24-35)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/jv/2024/fspjv24-35/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/jv/2024/fspjv24-35/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/jv/2024/fspjv24-35/bundle-manifest.json)

## Bibliographic details
- Session: JV 24.35
- Location: Vienna, Austria
- Dates: November 11-22, 2024 (2 weeks)
- Delivery method: In-person Training
- Primary language: English
- Status: Deadline passed

---

### Program overview
- Session No.: JV 24.35
- Deadline: Deadline passed
- Location: Vienna, Austria
- Date: November 11-22, 2024 (2 weeks)
- Delivery Method: In-person Training
- Primary Language: English
- Presented by: Institute for Capacity Development

### Target audience
- Junior to senior government officials engaged in setting policy for the financial sector, particularly:
  - Staff of central banks
  - Financial regulators
  - Any other agencies involved in micro- or macroprudential oversight

### Qualifications and prerequisites
- Expected background:
  - Advanced degree in economics or finance, or equivalent work experience
  - Basic understanding of econometrics
  - Ability to interpret econometric results
  - Working knowledge of Excel
- Strong recommendation:
  - Completion of the online Financial Market Analysis (FMAx) course
  - Completion of the Financial Sector Surveillance (FSS) course
  - Rationale: understanding and assessing financial sector risks is important to the design of mitigating policies

### Course description
- Begins with an overview of financial risks and transmission channels:
  - How shocks are transmitted within and between the financial system and the real sector
- Examines design and impact of financial sector policies to mitigate assessed vulnerabilities:
  - Rationale for micro-prudential and macroprudential policies
  - Interactions between macroeconomic and macro-prudential policies
- Emphasis:
  - Preventive strategies
  - Also covers policies to deal with financial distress situations and contingency planning
- Methodology:
  - Combination of lectures, case studies, and hands-on workshops
  - Participants discuss and experiment with various policies to gauge intended and unintended outcomes
- Note: Participants primarily interested in risk assessment are referred to the Financial Sector Surveillance course, where that is the focus

### Course objectives (learning outcomes)
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 microprudential and macroprudential policies.

---


## References

- [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [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)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/jv/2024/fspjv24-35_