## Financial Sector Policies (FSP)

## Source details

**Canonical URL:** [Financial Sector Policies (FSP)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/jv/2027/fspjv27-14)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/jv/2027/fspjv27-14/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/jv/2027/fspjv27-14/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/jv/2027/fspjv27-14/bundle-manifest.json)

## Bibliographic details
- Session: JV 27.14
- Location: Vienna, Austria
- Dates: May 3-14, 2027 (2 weeks)
- Delivery method: In-person Training
- Primary language: English
- Status: Apply online by January 31, 2027

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### Target audience
- Junior to senior government officials engaged in setting policy for the financial sector, particularly the staff of central banks, financial regulators, and any other agencies involved in micro- or macroprudential oversight.

### Qualifications
- Expected background:
  - An advanced degree in economics or finance, or equivalent work experience.
  - A basic understanding of econometrics and the ability to interpret econometric results.
- Recommended skills:
  - Working knowledge of Microsoft Excel is strongly recommended.
  - Preferable that participants have taken the Financial Sector Surveillance (FSS) course because understanding and assessing financial sector risks is important to the design of mitigating policies.

### Course description
- 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, starting with the rationale for micro-prudential and macroprudential policies.
- Discusses interactions between macroeconomic and macro-prudential policies.
- Emphasizes preventive strategies and also addresses 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 to gauge their outcomes, intended and unintended.
- Notes that participants primarily interested in risk assessment are referred to the Financial Sector Surveillance course, where the focus is primarily quantitative.

### Course objectives
- Upon completion of this 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)
- [Apply Now](https://www-ins.imf.org/TAS/signon.aspx?pkey=JV27.14E)
- [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/2027/fspjv27-14_