Date: October 20-31, 2008
Location: Federal Reserve System Training Center, 19th Street and K Street, NW, Washington, D.C.
Organized by: Organized by the World Bank, the Federal Reserve Board, and the International Monetary Fund
Target audience: Senior bank supervisors from emerging economies.
Contacts: Robert Liu (World Bank)
Cintya P. Vega (World Bank)
Sarkis Yoghourtdjian (Federal Reserve)
Mark Dorin (Federal Reserve)
Maribeth Seraj (Federal Reserve)
Overview: This two-week seminar aims to familiarize participants with the importance of bank and financial sector regulation and supervision for economic growth and development; to discuss alternative regulatory and supervisory approaches, and related international trends; to discuss solutions for dealing with bank insolvency and financial system distress; and to build basic supervision and examination skills.
Event photos, from October 2007 seminar.
Preliminary Seminar Agenda
Strong and effective bank supervision and prudential regulation are cornerstones of a healthy financial system. Since the 1980s, nearly every financial sector adjustment operation undertaken by the World Bank has included a component for strengthening bank supervision and prudential regulation. Traditionally, in most countries, highly specialized bank supervision and examination skills have been learned on-the-job, with only the largest, most developed countries having the resources to establish training department and training courses. Training, to the extent that it has been conducted in the developing countries, has been narrow in focus and has frequently not kept pace with changes in the outside world.
This seminar will attempt to overcome some of these shortcomings by bringing together a group of participants from a wide variety of countries. The first week focuses on discussions of the principal policy issues facing bank supervisors in developing countries. The first week's sessions attempt to establish the linkages between financial system health and macroeconomic performance. From these broader discussions, the seminar moves to discussions concerning the causes of financial system distress, the supervisory problems which result, and possible solutions to financial system distress including the restructuring of the banking systems. World Bank and International Monetary staff and a distinguished group of experts from the United States' bank supervisory agencies, other advanced supervisory agencies, and the Basel Committee lead the first week's discussions.
The second week of the seminar focus on skills development. Instructors from the Federal Reserve System and other advanced supervisory agencies discuss bank examination and supervision techniques. Principal topics include: risk focused supervision, operational Risk Assessment, Market Liquidity Risk and Aggregate Risk Assessment. The topics are presented using combination of lecture, class discussion, case studies, group exercise and class presentations. Class participation and interaction are encouraged as an effective means of sharing ideas and learning.
This seminar continues the process of World Bank, Federal Reserve System and International Monetary Fund technical assistance to developing countries in establishing strong and effective bank supervision programs and in providing alternative for the restructuring of distressed banking systems that is necessary for restoring economic growth, vitality, and development. |
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