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Seminar for Senior Bank Supervisors from Emerging Economies, Washington, D.C. October 19 - 30 , 2009

 


Federal Reserve System Training Center
1850 K Street, N.W., Fourth Floor, Washington, D.C.

Organized by the Financial and Private Sector Vice Presidency of the World Bank, the Federal Reserve Board, and the International Monetary Fund.

Overview 

Objectives

The objectives of this seminar are to familiarize participants with emerging financial sector issues and trends, reinforce the importance of bank and financial sector regulation and supervision for economic growth and development, discuss different regulatory and supervisory approaches, suggest solutions for dealing with bank insolvency and financial system distress, update supervision and examination skills in the context of advances in risk assessment and management, and provide tools to aid in leading change management in their organizations At the conclusion of the seminar, participants will be better informed of the advances in risk-focused supervision and in the techniques of assessing management, asset quality, capital adequacy, earnings, liquidity, operational and market risk, and overall financial condition of a bank; will have enhanced their understanding of the means to regulate and supervise financial conglomerates which include banks; will have strengthened their skills in analyzing bank financial statements and prudential reports; and will have gained inputs for improving the on-site examination and off-site monitoring capabilities in their jurisdictions.

Target Audience
Senior bank supervisors from emerging economies, including heads and deputy heads of supervision, directors of bank supervision, or high-level officials involved in policymaking for the supervision and regulation of banks, and a limited number of World Bank and International Monetary Fund staff engaged in financial sector work.

Description
Building on the World Bank and International Monetary Fund cross-country experiences and the Federal Reserve Board's expertise, this two-week seminar focuses on practical aspects of key supervisory topics in developing countries and to define strategies and policies for the regulation and supervision of banking systems. The seminar seeks to familiarize participants with emerging financial sector issues and trends, reinforce the importance of bank and financial sector regulation and supervision for economic growth and development, discuss different regulatory and supervisory approaches, suggest solutions for dealing with bank insolvency and financial system distress, and to update supervision and examination skills.

Format

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.


 

Agenda (PDF)

blue arrowPresentations 

Week 1 - Monday • October 19, 2009

The Financial Crisis: Its Impact on Emerging Markets, Laura Kodres, IMF

The Financial Crisis: Experiences from Emerging Economies, Session Chair: Muhammad Baasiri, Lebanon

Panelist: Stanislaw Kluza, Poland 

Panelist: Ludmila Vojevoda - Latvia

Week 1 - Tuesday • October 20, 2009

Stress Testing, Mariano Cortes, IMF

Problem Bank Resolution, David Hoelscher, IMF

Systemic Surveillance and Use of Macro Prudential Indicators, Barry Johnston, IMF

Early Warning Indicators for Preventive Banking Supervision, Amine Awad, Banking Control Commission of Lebanon

Week 1 - Wednesday • October 21, 2009

Crisis Preparedness, David Scott, World Bank

Contingency Planning and Crisis Simulation Exercise, David Scott & Aquiles A. Almansi, World Bank

Global Supervisory Standards and Basel Core Principles Overview, Elizabeth Roberts, Financial Stability Institute

Building a New Financial Architecture: the Current Work of the Basel Committee, Elizabeth Roberts, Financial Stability Institute

Week 1 - Thursday • October 22, 2009

Opening Presentation: Leadership and Management Challenges for Bank Supervisors, Hooi Eng Phang, Toronto Center 

Leading Organization Change Management Workshop, William Ryback, Toronto Center

Week 1 - Friday • October 23, 2009

Deposit Insurance, David Parker, IMF

Consolidated Supervision, Joaquin G. Gutierrez, World Bank 

Week 2 - Monday • October 26, 2009

Accounting for Financial Instruments, Art Lindo, Federal Reserve Board 

Enhancing International Cooperation and Coordination in Light of the Financial Crisis, Jack Jennings, Federal Reserve Board

Risk-Focused Supervision: Examination Process Overview, Robert Walker, Federal Reserve Board 

Risk-Focused Supervision: Examination Documents, Robert Walker, Federal Reserve Board 

Week 2 - Tuesday • October 27, 2009

Credit Risk Assessment Overview, Robert Walker, Federal Reserve Board 

Credit Risk Examination Techniques & Modeling, Robert Walker, Federal Reserve Board 

Week 2 - Wednesday • October 28, 2009

Operational Risk Assessment Overview, Ken Fulton, Federal Reserve Board

Operational Risk Examination Techniques & Modeling, Ken Fulton, Federal Reserve Board 

Week 2 - Thursday • October 29, 2009

Market/Liquidity Risk Assessment Overview, Steve Sanderford, Federal Reserve Bank of Richmond 

Market/Liquidity Risk Examination Techniques & Modeling, Steve Sanderford, Federal Reserve Bank of Richmond

Week 2 - Friday • October 30, 2009

Aggregate Risk Assessment Overview, Robert Walker, Federal Reserve Board 

 

Background Readings:

Case study: Risk-Focused Supervision
Case study: Bear Sterns
Case study: Background Information 

blue arrowContacts

World Bank

Miquel Dijkman
mdijkman@worldbank.org

Murat Arslaner
marslaner@worldbank.org

Cintya Vega
cvega@worldbank.org

Priscilla Infante
pinfante@worldbank.org

Vanda Reznikova
vreznikova@worldbank.org

International Monetary Fund

Aditya Narain
Anarain@imf.org

Nancy Rawlings
nrawlings@imf.org 

Kate Lapp
klapp@imf.org

Charmane Ahmed
cahmed@imf.org

Federal Reserve System

Sarkis Yoghourtdjian
sarkis.yoghourtdjian@frb.gov

John T. McCormick
john.t.mccormick@frb.gov

Carolyn Drach
carolyn.drach@frb.gov

Maribeth Seraj
maribeth.seraj@frb.gov

Mark Dorin
mark.dorin@frb.gov

Please visit the previous years' seminar website at:
Seminar for Senior Bank Supervisors, October 20-31, 2008
Seminar for Senior Bank Supervisors, October 16-27, 2006
Seminar for Senior Bank Supervisors, October 18-29, 2004
Seminar for Senior Bank Supervisors, October 20–31,2003 

Event Photos

 




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