Macroprudential Policy Implementation

MPPI

TARGET GROUP | This course is tailored for mid-level to senior officials from central banks, regulatory agencies and ministries of finance or economics that are seeking to enhance their expertise in macroprudential policy with a focus on practical skills, implementation issues and international best practice.

DESCRIPTION | The objective of this one-week advanced course is to present and discuss the implementation of macroprudential policy tools, focusing on the experience of the countries in Central, Eastern and South-Eastern Europe.

Following an introduction to the institutional framework and key objectives of macroprudential policy, the course will first discuss the monitoring and assessment framework needed for macroprudential decision-making, including for cyclical systemic risk, real estate related risks and structural systemic risk. This will be followed by sessions looking at the concrete implementation of key capital-based measures, such as the Countercyclical Capital Buffer, Systemic Risk Buffer and Systemically Important Financial Institution Buffers, and the most common borrower-based measures, such as Loan-to-Value Ratio (LTV) or Debt-Service-to-Income (DSTI) Ratio caps. The discussion of the tools will focus on implementation issues, peer learning and international best practice in the design and calibration of macroprudential measures. The course will also explore the links and interaction between macroprudential policy, microprudential supervision and monetary policy, as well as topical issues, such as the design and implementation of green macroprudential policies.

In workshop sessions participants will select and implement macroprudential policy instruments in groups. Doing so, they will also benefit from hands-on introductions to the analytical frameworks used by the macroprudential policy functions of the ECB and NBS. In addition, the course will offer opportunities to learn from the macroprudential experience of peers in the JVI region.

Course program from the latest delivery

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Course Details

Start: 20250602Jun 02
End: 20250606Jun 06

Language: English

Sponsoring Organization: JVI/NBS/ECB

Admin Arrangements


Application Deadline: March 02, 2025

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