## Financial Sector Surveillance

## Source details

**Canonical URL:** [Financial Sector Surveillance](https://www.imf.org/en/capacity-development/training/icdtc/schedule/jv/2024/fssjv24-06)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/jv/2024/fssjv24-06/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/jv/2024/fssjv24-06/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/jv/2024/fssjv24-06/bundle-manifest.json)

## Bibliographic details
- Session: JV 24.06
- Location: Vienna, Austria
- Dates: March 18-29, 2024 (2 weeks)
- Delivery method: In-person Training
- Primary language: English
- Status: Deadline passed

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### Program logistics
- Session No.: JV 24.06
- Location: Vienna, Austria
- Date: March 18-29, 2024 (2 weeks)
- Delivery Method: In-person Training
- Primary Language: English
- Deadline passed

### 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 and prerequisites
- Expected qualifications:
  - A degree in economics or finance, preferably at the master’s level, or equivalent work experience.
  - Good quantitative skills.
  - Proficiency in the use of computers to analyze data.
- Strong recommendations:
  - It is strongly recommended that applicants have completed the online Financial Market Analysis (FMAx) course.
  - Familiarity with the basics of Microsoft Excel, because many of the workshops use Microsoft Excel worksheets.

### Course description
- The course, presented by the Institute for Capacity Development, introduces participants to key concepts and tools used in the identification and assessment of financial sector vulnerabilities and sources of strength.
- The course provides a basic toolkit to assess financial sector risks and measure them against existing capital and liquidity buffers in the financial system.
- Discussions focus on the early identification of unwarranted macro-financial imbalances and the 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.
- A combination of lectures and hands-on workshops allows 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, liquidity, 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.
  - Understand the main climate risk drivers and transmission channels to financial institutions’ balance sheets, and perform basic climate stress tests.
  - 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, 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.¿

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## 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/fssjv24-06_