From October 21 – November 1, 2013, a new edition of the annual Seminar for Senior Bank Supervisors from Emerging Economies, jointly organized by the World Bank, the Board of Governors of the Federal Reserve System, and the International Monetary Fund, was held in Washington, D.C.
The Seminar aimed 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, ultimately, update supervision and examination skills in the context of advances in risk assessment and management. Following the case- study approach or master presentation, main topics of focus included: (i) the impact of regulatory reform on Emerging and Developing Economies; (ii) the content of the new set of prudential standards applicable to financial institutions and markets following the global financial crisis and the challenges that authorities face in implementing these reforms; (iii) the effectiveness, practicality, and impact of the risk- based measures of capital, credit risk examination techniques and modeling both for emerging market financial institutions and advanced economy financial institutions operating in emerging markets.
The Seminar was designed for senior bank supervisors, at the level of directors of bank supervision, deputy heads of supervision or high-level staff involved in policy formulation as it concerns the supervision and regulation of banks in their respective countries.
Speakers Bios List