## Financial Sector Policies

## Source details

**Canonical URL:** [Financial Sector Policies](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ot/2024/fspot24-12)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ot/2024/fspot24-12/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ot/2024/fspot24-12/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ot/2024/fspot24-12/bundle-manifest.json)

## Bibliographic details
- Session: OT 24.12
- Location: Washington, D.C., United States
- Dates: June 3-14, 2024 (2 weeks)
- Delivery method: In-person Training
- Primary language: Spanish
- Status: Deadline passed

---

### Training program and target audience
- Training Program: Financial Sector Policies, presented by the Institute for Capacity Development.
- 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 and prerequisites
- Expected qualifications:
  - An advanced degree in economics or finance, or equivalent work experience.
  - A basic understanding of econometrics and the ability to interpret econometric results.
  - Working knowledge of Excel.
- Recommended prior completion:
  - Financial Market Analysis (FMAx) course (online).
  - Financial Sector Surveillance (FSS) course (online).
- Rationale for recommendations: Understanding and assessing financial sector risks is important to the design of mitigating policies.

### Course description
- Overview:
  - 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.
- Policy focus:
  - Rationale for micro-prudential and macroprudential policies.
  - Interactions between macroeconomic and macro-prudential policies.
  - Emphasis on preventive strategies.
  - Discussion of policies to deal with financial distress situations and contingency planning.
- Pedagogy:
  - Combination of lectures, case studies, and hands-on workshops.
  - Participants discuss and experiment with various policies to gauge intended and unintended outcomes.
- Note on scope:
  - Participants primarily interested in risk assessment are referred to the Financial Sector Surveillance course, where risk assessment is the focus.

### 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 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)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/ot/2024/fspot24-12_