Crisis Management and Resolution Frameworks: A Comprehensive Training Course
Introduction
In an increasingly complex and interconnected global financial system, the ability to effectively manage and resolve a financial crisis is a critical function for central banks and regulators. This training course is designed to provide a deep and practical understanding of the principles, tools, and practices of crisis management and resolution. Participants will gain a fundamental understanding of the causes and consequences of financial crises, the importance of a well-defined crisis management plan, and the role of a central bank as a lender of last resort.
The program also focuses on the crucial link between crisis management and the development of a robust resolution framework for failing financial institutions. We will examine the tools and frameworks used to resolve a bank without resorting to taxpayer bailouts, including bail-in and other resolution powers. By combining theoretical foundations with real-world case studies, this course will equip policymakers and supervisors with the skills necessary to navigate a crisis, minimize its impact, and contribute to a more stable and resilient financial system.
Target Audience
- Central bank financial stability staff
- Financial regulators and supervisors
- Commercial bank risk managers
- Government finance and planning officials
- Academics and students of finance
- International financial institution staff
- Public sector debt managers
- Legal and compliance professionals
Duration
5 days
Course Objectives
Upon successful completion of this training, participants will be able to:
- Explain the core concepts of crisis management and resolution.
- Analyze the causes and consequences of financial crises.
- Describe the policy toolkit for managing a crisis.
- Evaluate the effectiveness of different resolution frameworks.
- Discuss the role of central banks and regulators in a crisis.
- Apply analytical techniques to assess and manage a crisis.
Modules Course Content
Module 1: The Foundations of Financial Crises
- Defining a financial crisis and its drivers
- The role of credit cycles and asset bubbles
- The causes and consequences of a bank run
- The role of central banks as a lender of last resort
- The importance of a robust financial stability framework
Module 2: Crisis Preparedness and Management
- The role of a crisis management plan
- The importance of a clear communication strategy
- The use of early warning indicators
- The role of a central bank in a crisis
- The coordination of policy and communication
Module 3: Liquidity Crisis Management
- The role of a central bank's liquidity tools
- The use of a central bank's balance sheet
- The challenges of a liquidity crisis
- The role of a central bank as a lender of last resort
- The importance of a robust liquidity framework
Module 4: Resolution Frameworks
- The purpose of a resolution framework
- The different types of resolution tools
- The role of bail-in and bail-out
- The challenges of a cross-border resolution
- The importance of a well-defined legal framework
Module 5: The Role of the Central Bank
- The central bank's mandate for financial stability
- The coordination of monetary and fiscal policy
- The role of the central bank in a crisis
- The challenges of independence and accountability
- The central bank's role in a financial crisis
Module 6: Cross-Border Crisis Management
- The challenges of a cross-border crisis
- The role of international cooperation
- The use of a central bank's swap lines
- The role of the International Monetary Fund (IMF)
- The importance of a global resolution framework
Module 7: The External Sector and Financial Stability
- The impact of a currency crisis on a country's financial system
- The role of exchange rates and foreign currency debt
- The challenges of managing a currency crisis
- The role of international cooperation
- The importance of a resilient external sector
Module 8: The Role of Technology and FinTech
- The impact of FinTech on financial stability
- The challenges of regulating FinTech
- The role of new technologies in supervision
- The impact of digital currencies
- The use of technology for surveillance
Module 9: Global Regulatory Frameworks
- The role of the Financial Stability Board (FSB)
- The Basel Accords (Basel III)
- The challenges of global policy coordination
- The role of international standards
- The importance of a level playing field
Module 10: Case Studies and Current Debates
- The 2008 Global Financial Crisis
- The lessons from past financial crises
- The debate over the design of a resolution framework
- The challenges of managing a financial crisis
- The future of financial stability
CERTIFICATION
- Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate
TRAINING VENUE
- Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.
AIRPORT PICK UP AND ACCOMMODATION
- Airport Pick Up is provided by the institute. Accommodation is arranged upon request
TERMS OF PAYMENT
Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com
For More Details call: +254-114-087-180