TARGET GROUP | Mid-level to senior officials in central banks, regulators, supervisory authorities, ministries of finance, deposit insurance funds, and other agencies with responsibility for bank supervision, bank resolution, and the operation of financial safety nets. Participants should have a degree in economics, finance, accounting, or equivalent experience. Participants are expected to have experience in bank supervision, bank resolution (policy issues or operational experience) and/or depositor protection.
DESCRIPTION | This one-week virtual course, presented by the Monetary and Capital Markets Department, provides a comprehensive overview of conceptual and operational issues related to restructuring and resolution of weak banks. Among the topics discussed during the course are: identification and supervision of weak banks: common causes of banking problems and how to identify them, supervisory approaches for dealing with weak banks, and techniques for quantifying systemic banking problems (asset quality reviews and stress tests); crisis preparedness: building blocks of effective resolution regimes, guided by the Financial Stability Board's Key Attributes of Effective Resolution Regimes; recovery and resolution planning; initiatives to test operational readiness; and the role of deposit insurance and depositor preference; crisis containment: actions to contain emerging crises and reestablish public confidence, such as emergency liquidity support, asset and liability guarantees, and exceptional administrative measures to stop persistent liquidity outflows; bank restructuring and resolution: early intervention measures; diagnosis, triage, and loss recognition; winding down nonviable banks; stabilization options to achieve continuity of systemically important functions; policy considerations and instruments for public capital support; governance of the restructuring process; dealing with impaired assets: supervisory policies and strategies for the reduction of nonperforming loans; role of asset management companies.
OBJECTIVES | Upon completion of this course, participants should be able to: Explain the building blocks of crisis preparedness and management. Identify weak banks and devise strategies for dealing with them. Assess their national bank resolution frameworks against international good practice. Design credible strategies for systemic bank restructuring and resolution. Identify and compare options for dealing with distressed assets.
Start:
End: May 14
Language: English
Sponsoring Organization: IMF
Application Deadline: March 23, 2021