INTERNATIONAL BANKING AND FINANCE INSTITUTE - Banque … · The Banque de France’s International...

2017SEMINARS

INTERNATIONAL BANKING AND FINANCE INSTITUTE

Banque de FranceDirectorate Economics and International

and European Relations International Banking and Finance Institute – IBFI

Phone: +33 1 42 92 65 92 Contact: [email protected]

Contents

Foreword 1

Planning 2 to 5

Seminar descriptions 7 to 36

IBFI’s activities 37

Practical information 39

mailto:ibfi%40banque-france.fr?subject=

2017 Seminars • International Banking and Finance Institute

1

Foreword

The Banque de France’s International Banking and Finance Institute (IBFI) is one of the pioneers in the world of cooperation between central banks and supervisory authorities. In July 2017, IBFI will celebrate its 20th anniversary. Twenty years of continuous efforts to help develop the capacities of some 10,000 participants from all parts of the world.

Since 2015, in addition to its training seminars, IBFI has taken on all the Banque de France's technical cooperation activities. It carries out these activities, thanks to the involvement of Banque de France experts, using different channels tailored to the needs of foreign central banks: on-site assistance, European twinning programmes, study visits of foreign delegations and, increasingly, e-learning tools.

In all of its tasks, partnerships with other central banks and international organisations naturally play a key role. They provide the opportunity to exchange information between cooperation institutions and to pool competencies. As a result, the effectiveness of its external cooperation work has been enhanced.

We have the pleasure to present the 2017 IBFI training catalogue. It is one of the backbones of our external cooperation work. This catalogue takes into account new needs and introduces four new seminars:

• Information systems’ resilience;

• Transforming a central bank;

• Digital transformation and financial stability in the euro-mediterranean area;

• Balance of payments statistics and other external statistics.

In all of its seminars, IBFI organises forums and invites experts to share their own experience in order to disseminate best practices. This active commitment of the participants together with the high level of expertise of our trainers make our seminars a unique tool for developing capacities.

Matthieu Bussière Director of Economics and International and European Relations Directorate

Jean-Luc Quémard Head of the International Banking and Finance Institute

International Banking and Finance Institute • 2017 Seminars

2

Planning

Categories

Monetary policy

Prudential regulation and supervision

Central bank governance

Financial stability

Markets and operations

Seminars Language Duration (days)

Date Location Deadline for application

E-mail Description

Introduction to DSGE models, level 1 english 5 16-20 January Paris 10 December 2016 [email protected] p. 8

International economics and international relations english 3 1-3 February Paris 12 December 2016 [email protected] p. 9

Legal experts and financial crises french/english 4 21-24 February Paris 21 December 2016 [email protected] p. 14

Consumer protection, financial inclusion and education french/english 5 20-24 March Paris 20 January 2017 [email protected] p. 15

Anti money laundering (joint with the central Bank of Tunisia)

french

3

21-23 March

Tunis (Tunisia)

21 January 2017

[email protected]@bct.gov.tn

p. 16

Corporate credit risk assessment in a central bank french/english 4 28-31 March Paris 28 January 2017 [email protected] p. 32

Financial and operational risk management in a central bank (joint with Bank Indonesia and the IMF)

english

5

17-21 April

Denpasar (Indonesia)

By invitation

[email protected]

p. 33

Anti money laundering (joint with the Bank of Lebanon)

french/english

3

25-27 April

Beyrouth (Lebanon)

25 February 2017

[email protected]@bdl.gov.lb

p. 17

Central bank accounting and budget management french/english 4 25-28 April Paris 25 February 2017 [email protected] p. 22

Financial and operational risk management in a central bank french/english 5 15-19 May Paris 15 March 2017 [email protected] p. 34

Financial stability policy of central banks (joint with Joint Vienna Institute anf the IMF)

english

5

15-19 May

Vienna (Austria)

14 February 2017

[email protected]

p. 28

Digital transformation and financial stability in the euro-mediterranean area (joint with the World Bank)

french/english

2

17-18 May

Casablanca (Morocco)

By invitation

[email protected]

p. 29

Information systems' resilience french/english 3 7-9 June Paris By invitation [email protected] p. 23

Financial stability and macroprudential policies of central banks french/english 4 5-8 September Paris 05 July 2017 [email protected] p. 30

Transforming a central bank french/english 3 11-13 September Paris 11 July 2017 [email protected] p. 24

Unconventional monetary policies french/english 3 27-29 September Paris 27 July 2017 [email protected] p. 10

Market infrastructures and payment systems french/english 3 3-5 October Paris 03 August 2017 [email protected] p. 35

The use of DSGE models for policy analysis, level 2 english 5 9-13 October Paris 09 August 2017 [email protected] p. 11

Internal audit and risk management in a central bank french/english 4 14-17 November Paris 14 September 2017 [email protected] p. 25

Balance of payments and other external statistics french/english 4 20-23 November Paris 20 September 2017 [email protected] p. 12

Biennial seminar: recent developments in insurance supervision french/english 4 27-30 November Paris 27 September 2017 [email protected] p. 18

Back-office operations french/english 4 5-8 December Paris 05 October 2017 [email protected] p. 36

Stress testing (joint with Federal Reserve Board) french/english 5 11- 15 December Paris 11 October 2017 [email protected] p. 19

mailto:Dsge1%40banque-France.fr?subject=mailto:Ecoint%40banque-france.fr?subject=mailto:Legal%40banque-france.fr?subject=mailto:Consumer%40banque-france.fr?subject=mailto:Aml%40banque-france.fr?subject=mailto:slaheddine.sayadi%40bct.gov.tn?subject=mailto:Corporate%40banque-france.fr?subject=mailto:Aml%40banque-france.fr?subject=mailto:trainingbdl%40bdl.gov.lb?subject=mailto:Compta%40banque-france.fr?subject=mailto:Risk%40banque-france.fr?subject=mailto:Euromed%40banque-france.fr?subject=mailto:Resilience%40banque-france.fr?subject=mailto:Finstab%40banque-france.fr%20?subject=mailto:Change%40banque-france.fr?subject=mailto:Monpol%40banque-france.fr?subject=mailto:Market%40banque-france.fr?subject=mailto:Dsge2%40banque-france.fr?subject=mailto:Bop%40banque-france.fr?subject=mailto:Insurance%40banque-france.fr?subject=mailto:Backoffice%40banque-france.fr?subject=mailto:Stresstest%40banque-france.fr?subject=


3

Seminars Language Duration (days)

Date Location Deadline for application

E-mail Description

Introduction to DSGE models, level 1 english 5 16-20 January Paris 10 December 2016 [email protected] p. 8

International economics and international relations english 3 1-3 February Paris 12 December 2016 [email protected] p. 9

Legal experts and financial crises french/english 4 21-24 February Paris 21 December 2016 [email protected] p. 14

Consumer protection, financial inclusion and education french/english 5 20-24 March Paris 20 January 2017 [email protected] p. 15

Anti money laundering (joint with the central Bank of Tunisia)

french

3

21-23 March

Tunis (Tunisia)

21 January 2017

[email protected]@bct.gov.tn

p. 16

Corporate credit risk assessment in a central bank french/english 4 28-31 March Paris 28 January 2017 [email protected] p. 32

Financial and operational risk management in a central bank (joint with Bank Indonesia and the IMF)

english

5

17-21 April

Denpasar (Indonesia)

By invitation

[email protected]

p. 33

Anti money laundering (joint with the Bank of Lebanon)

french/english

3

25-27 April

Beyrouth (Lebanon)

25 February 2017

[email protected]@bdl.gov.lb

p. 17

Central bank accounting and budget management french/english 4 25-28 April Paris 25 February 2017 [email protected] p. 22

Financial and operational risk management in a central bank french/english 5 15-19 May Paris 15 March 2017 [email protected] p. 34

Financial stability policy of central banks (joint with Joint Vienna Institute anf the IMF)

english

5

15-19 May

Vienna (Austria)

14 February 2017

[email protected]

p. 28

Digital transformation and financial stability in the euro-mediterranean area (joint with the World Bank)

french/english

2

17-18 May

Casablanca (Morocco)

By invitation

[email protected]

p. 29

Information systems' resilience french/english 3 7-9 June Paris By invitation [email protected] p. 23

Financial stability and macroprudential policies of central banks french/english 4 5-8 September Paris 05 July 2017 [email protected] p. 30

Transforming a central bank french/english 3 11-13 September Paris 11 July 2017 [email protected] p. 24

Unconventional monetary policies french/english 3 27-29 September Paris 27 July 2017 [email protected] p. 10

Market infrastructures and payment systems french/english 3 3-5 October Paris 03 August 2017 [email protected] p. 35

The use of DSGE models for policy analysis, level 2 english 5 9-13 October Paris 09 August 2017 [email protected] p. 11

Internal audit and risk management in a central bank french/english 4 14-17 November Paris 14 September 2017 [email protected] p. 25

Balance of payments and other external statistics french/english 4 20-23 November Paris 20 September 2017 [email protected] p. 12

Biennial seminar: recent developments in insurance supervision french/english 4 27-30 November Paris 27 September 2017 [email protected] p. 18

Back-office operations french/english 4 5-8 December Paris 05 October 2017 [email protected] p. 36

Stress testing (joint with Federal Reserve Board) french/english 5 11- 15 December Paris 11 October 2017 [email protected] p. 19

mailto:Dsge1%40banque-France.fr?subject=mailto:Ecoint%40banque-france.fr?subject=mailto:Legal%40banque-france.fr?subject=mailto:Consumer%40banque-france.fr?subject=mailto:Aml%40banque-france.fr?subject=mailto:slaheddine.sayadi%40bct.gov.tn?subject=mailto:Corporate%40banque-france.fr?subject=mailto:Aml%40banque-france.fr?subject=mailto:trainingbdl%40bdl.gov.lb?subject=mailto:Compta%40banque-france.fr?subject=mailto:Risk%40banque-france.fr?subject=mailto:Euromed%40banque-france.fr?subject=mailto:Resilience%40banque-france.fr?subject=mailto:Finstab%40banque-france.fr%20?subject=mailto:Change%40banque-france.fr?subject=mailto:Monpol%40banque-france.fr?subject=mailto:Market%40banque-france.fr?subject=mailto:Dsge2%40banque-france.fr?subject=mailto:Bop%40banque-france.fr?subject=mailto:Insurance%40banque-france.fr?subject=mailto:Backoffice%40banque-france.fr?subject=mailto:Stresstest%40banque-france.fr?subject=


4

Planning

Categories

Monetary policy



Financial stability


January February March April May JuneSu 1 International

economics and international relations

W 1 Sa 1 M 1 Th 1M 2 Th 2 Su 2 Tu 2 W 2Tu 3 W 3 M 3 W 3 Sa 3W 4 Sa 4 Sa 4 Tu 4 Th 4 Su 4Th 5 Su 5 Su 5 W 5 W 5 M 5W 6 M 6 M 6 Th 6 Sa 6 Tu 6Sa 7 Tu 7 Tu 7 W 7 Su 7

Information system’s resilenceSu 8 W 8 W 8 Sa 8 M 8

M 9 Th 9 Th 9 Su 9 Tu 9Tu 10 W 10 W 10 M 10 W 10 Sa 10W 11 Sa 11 Sa 11 Tu 11 Th 11 Su 11Th 12 Su 12 Su 12 W 12 W 12 M 12W 13 M 13 M 13 Th 13 Sa 13 Tu 13Sa 14 Tu 14 Tu 14 W 14 Su 14 W 14Su 15 W 15 W 15 Sa 15 Financial and

operational risk management in a central bankFinancial stability policy of central banksDigital transformation and financial stability

Th 15

Introduction to DSGE models, level 1

Th 16 Th 16 Su 16 W 16W 17 W 17

Financial and operational risk management in a central bank

Sa 17Sa 18 Sa 18 Su 18Su 19 Su 19 M 19M 20

Consumer protection, financial inclusion and education

Anti money laundering

Sa 20 Tu 20Sa 21

Legal experts and financial crises

Su 21 W 21Su 22 Sa 22 M 22 Th 22M 23 Su 23 Tu 23 W 23Tu 24 M 24 W 24 Sa 24W 25 Sa 25 Sa 25 Anti money

laundering

Central bank accounting and budget management

Th 25 Su 25Th 26 Su 26 Su 26 W 26 M 26W 27 M 27 M 27 Sa 27 Tu 27Sa 28 Tu 28

Corporate credit risk assessment in a central bank

Su 28 W 28Su 29 Sa 29 M 29 Th 29M 30 Su 30 Tu 30 W 30Tu 31 W 31


5

July August September October November DecemberSa 1 Tu 1 W 1 Su 1 W 1 W 1Su 2 W 2 Sa 2 M 2 Th 2 Sa 2M 3 Th 3 Su 3

Market infrastructures and payment systems

W 3 Su 3Tu 4 W 4 M 4 Sa 4 M 4W 5 Sa 5 Financial stability

and macroprudential policies of central banks

Su 5

Back-office operations

Th 6 Su 6 W 6 M 6W 7 M 7 Sa 7 Tu 7Sa 8 Tu 8 Su 8 W 8Su 9 W 9 Sa 9

The use of DSGE models for policy analysis, level 2

Th 9 Sa 9M 10 Th 10 Su 10 W 10 Su 10Tu 11 W 11

Transforming a central bank

Sa 11

Stress testing

W 12 Sa 12 Su 12Th 13 Su 13 M 13W 14 M 14 Th 14 Sa 14

Internal audit and risk management in a central bank

Sa 15 Tu 15 W 15 Su 15Su 16 W 16 Sa 16 M 16 Sa 16M 17 Th 17 Su 17 Tu 17 Su 17Tu 18 W 18 M 18 W 18 Sa 18 M 18W 19 Sa 19 Tu 19 Th 19 Su 19 Tu 19Th 20 Su 20 W 20 W 20

Balance of payments and other external statistics

W 20W 21 M 21 Th 21 Sa 21 Th 21Sa 22 Tu 22 W 22 Su 22 W 22Su 23 W 23 Sa 23 M 23 Sa 23M 24 Th 24 Su 24 Tu 24 W 24 Su 24Tu 25 W 25 M 25 W 25 Sa 25 M 25W 26 Sa 26 Tu 26 Th 26 Su 26 Tu 26Th 27 Su 27

Unconventional monetary policies

W 27Biennial seminar: recent developments in insurance supervision

W 27W 28 M 28 Sa 28 Th 28Sa 29 Tu 29 Su 29 W 29Su 30 W 30 Sa 30 M 30 Sa 30M 31 Th 31 Tu 31 Su 31


7

Monetarypolicy


8 Introduction to DSGE modelsLevel 1

16-20 January 2017

Persons in charge: Michel Juillard and Louis Bê Duc

Objective

This seminar is the first part of a two-session course on Dynamic stochastic general equilibrium (DSGE) models.

DSGE models are essential tools for the assessment of the macroeconomic impact of monetary and fiscal policy made by central banks and international institutions such as the IMF. They are currently used for macroeconomic forecasting.

This seminar will be organised and run by Michel Juillard, Banque de France advisor and developer of the Dynare Project, as well as by other Banque de France economists, experts in modelling.

Participants

This seminar is intended for central bank economists working in the field of macroeconomics and monetary policy.

Participants will have prerequisite in economic modelling:

• academic training (PhD in economics, possibly Master if relevant experience);

• actual experience for several years in economic modeling;

• prior knowledge of Matlab or Octave software will be appreciated.

A detailed CV is required.

Content

Mornings will be dedicated to presentations of the main concepts, afternoons to case studies based on the Dynare platform.

The seminar will comprise the following sessions:• introduction to Dynare;• the neoclassical growth model;• neo-Keynesian extensions;• introduction to Bayesian econometrics;• case studies: a full-fledged example.

Duration5 days

Apply before10 December 2016

LanguageEnglish

VenueParis

ContactsMichel Juillard and Louis Bê Duc

Contact [email protected]

Online registrationhttps://www.banque-france.fr/en/banque-de-france/about-banque-de-france/relationships-foreign-central-banks

https://www.banque-france.fr/en/banque-de-france/about-banque-de-france/relationships-foreign-central-bankshttps://www.banque-france.fr/en/banque-de-france/about-banque-de-france/relationships-foreign-central-bankshttps://www.banque-france.fr/en/banque-de-france/about-banque-de-france/relationships-foreign-central-banks


9International economics and international relations1-3 February 2017

Person in charge: Louis Bê Duc

Objective

This seminar will focus on the monitoring of the global economy in a central bank and the way central banks build up policy response within international fora.

Participants

This seminar is intended for central bank managers in charge of bilateral and/or multilateral international relations and economists and experts in charge of monitoring and analysing international economics issues.

A background and/or experience in international economics is required. Participants will be asked to make an active contribution (presentation, roundtable, etc.).

Content

This seminar will cover the following topics:

• monitoring country risks and financial inter-linkage;

• global imbalances and trade;

• preparing a policy response in international fora;

• interaction with the IMF.

Duration3 days


LanguageEnglish

VenueParis

ContactLouis Bê Duc





10 Unconventional monetary policies27-29 September 2017


Objective

This seminar will focus on unconventional monetary policies led by major central banks in recent years. It will address the economic context, monetary policy strategy and implementation issues, as well as the effects of unconventional monetary policies on the economy and across sectors.

Participants

This seminar is intended for economists and central bank researchers who have worked for a few years on the theoretical and/or practical aspects of monetary policy.

Content

The seminar will be led by economists from the Banque de France and the New York Fed. It will cover the following topics:

• review of unconventional monetary policies;

• focus on the implementation of monetary policy;

• yield curve and zero interest rate floor;

• measuring the effects of unconventional monetary policies;

• crisis management;

• impact of unconventional monetary policy on financial stability (especially in emerging markets).

Duration3 days

Apply before27 July 2017

LanguagesFrench and English with simultaneous interpretation

VenueParis






11The use of DSGE models for policy analysisLevel 2

9-13 October 2017

Persons in charge: Michel Juillard and Louis Bê Duc

Objective

This seminar is the second part of a two-session course on Dynamic stochastic general equilibrium (DSGE) models.

DSGE models are essential tools for the assessment of the macroeconomic impact of monetary and fiscal policy made by central banks and international institutions such as the IMF. They are also currently used for macroeconomic forecasting.

This seminar will be organised and run by Michel Juillard, Banque de France advisor and developer of the Dynare Project, as well as by other Banque de France economists, experts in modelling.

Participants

This seminar is aimed mainly at participants of the first course. It is intended for central bank economists working in the field of macroeconomics and monetary policy.

Participants will have prerequisite in economic modelling:

• academic training (PhD in economics, possibly Master if relevant experience);

• actual experience for several years in economic modeling;

• prior knowledge of Matlab or Octave software will be appreciated.

A detailed CV is required.

Content

Mornings will be dedicated to presentations of the main concepts, afternoons to case studies based on the Dynare platform.

The DSGE models will apply to the following domains:• economic forecasting;• financial frictions;• open economy models;• emerging market economies;• optimal policy.

Duration5 days

Apply before9 August 2017

LanguageEnglish

VenueParis

ContactsMichel Juillard and Louis Bê Duc





12 Balance of payments and other external statisticsMeasuring globalisation and interconnectedness

20-23 november 2017


Objective

This training seminar focuses on the elaboration and use of balance of payments and external sector statistics.

Participants

The seminar is intended for statisticians or economists from central banks dealing with the elaboration or the use of balance of payments or other external statistics, who wish to enhance the analysis of economic globalisation and financial interconnectedness. Participants will be invited to contribute actively through presentations or roundtables.

Content

The seminar will cover in particular the following topics:

• new challenges in the elaboration of the balance of payments and international investment position;

• aspects such as data quality management and the enhancement of the cooperation with reporting entities, the design of surveys, consistency with the national accounts, will be addressed interactively with participants;

• the benefits of the G20 “data gaps initiative” on external statistics;

• using external statistics for economic and financial stability analysis.

Duration4 days

Apply before20 September 2017

LanguagesEnglish and French with simultaneous interpretation

VenueParis




New



13



14

Legal experts and financial crisesPrevention, management, resolution

21-24 February 2017

Person in charge: Hedi Jeddi

Objective

This seminar aims at contributing to the exchange of experience on the prevention of credit institutions’ difficulties and their resolution, as well as crisis management.

Participants

This seminar is intended for managerial staff of central banks and public bodies competent for regulation, supervision or resolution, who are in charge of legal units and departments involved in legal issues related to financial stability and crisis management, supervision and resolution of credit institutions.

Content


• tasks and activities of a central bank regarding financial stability;

• legal aspects of supervision regarding crisis prevention and management: prevention plans, Basel III own funds requirements, eligible liabilities for absorbing bank’s losses, preventive and corrective measures taken by the supervisor;

• european and french frameworks regarding resolution of a failing financial institution;

• views of private sector representatives on the legal resolution framework for credit institutions: issues related to losses absorption and litigation risks.

The participants will be invited to share their experience with the speakers during roundtables.

Duration4 days



VenueParis

ContactHedi Jeddi

Contact address

[email protected]




15

Consumer protection, financial inclusion and education20-24 March 2017


Objective

Drawing on the experience of the Banque de France, the purpose of this seminar is to present the mission of a central bank in the area of financial services consumer protection: improving information, providing assistance in case of difficulties and preventing or fixing them. These activities, which are generally performed within a legal framework specific to each country, will be compared with the approaches adopted by other central banks. The participants will be requested to exchange their best practices.

Participants

This seminar is intended for managerial staff from departments in charge of relations with customers of the commercial banking system (public information, assistance, mediation), or projects leaders whose mission is to develop this activity.

Content


• supervision of commercial practices in the banking and insurance industries;

• general introduction to the mission of the Banque de France regarding relations between individuals and the financial sector as well as the legal aspects of consumer protection;

• how relations between the banking industry and consumer organisations are managed;

• the general purpose databases on individuals that are managed by the Banque de France;

• informing the general public and banking mediation in France;

• the management of household over-indebtedness;

• financial inclusion and financial education.

During the seminar participants will have the opportunity to share information and experience by briefly presenting their own national approaches to the issue or by taking part in workshops.

Duration5 days

Apply before20 January 2017


VenueParis

ContactHedi Jeddi





16

Anti money laundering (Joint seminar with the Central Bank of Tunisia)

21-23 March 2017


Objective

This seminar covers the fight against money laundering and financing of terrorism and the role played by central banks and supervisory authorities in this field.

Participants

This seminar is mainly intended for managerial staff responsible for fighting against financial delinquency and money laundering within central banks, supervisory authorities (on-site and off-site Units) and of financial investigation units.

Content


• european and french legal frameworks against money laundering and financing of terrorism;

• role of an anti money laundering unit within a central bank;

• implementation of AML/CFT legal framework in commercial banks;

• role and methods of banking supervision in the fight against money laundering and financing of terrorism;

• role of financial investigation units and cooperation with judicial authorities;

• money transfers: international standards and national implementation;

• cashless and electronic payments: standards, prevention of risks and repression of fraud;

• offshore centres: banking secrecy and black lists;

This seminar will be run mainly by specialists from the French Prudential and Resolution Control Authority. It will enable participants to gain a practical understanding of money laundering mechanisms, of regulatory obligations for financial institutions, of on-site and off-site controls techniques implemented by supervisory authorities. A half-day session will be dedicated to case studies

Duration3 days


LanguageFrench

VenueTunis (Tunisia)

ContactHedi Jeddi

Contact [email protected] [email protected]

Registration with the Central Bank of [email protected]


17

Anti money laundering(Joint seminar with the Central Bank of Lebanon)

25-27 April 2017


Objective

This seminar covers the fight against money laundering and financing of terrorism and the role played by central banks and supervisory authorities in this field.

Participants

This seminar is mainly intended for managerial staff responsible for fighting against financial delinquency and money laundering within central banks, in Supervisory authorities (on-site and off-site Units) and of financial investigation units.

Duration3 days

Apply before25 February 2017

LanguageEnglish

VenueBeirut (Lebanon)

ContactHedi Jeddi

Contact [email protected] [email protected]

Registration with the Bank of [email protected]

Content


• european and french legal frameworks against money laundering and financing of terrorism;

• role of an anti money laundering unit within a central bank;

• implementation of AML/CFT legal framework in commercial banks;

• role and methods of banking supervision in the fight against money laundering and financing of terrorism;

• role of financial investigation units and cooperation with judicial authorities;

• money transfers: international standards and national implementation;

• cashless and electronic payments: standards, prevention of risks and repression of fraud;

• offshore centres: banking secrecy and black lists.

This seminar will be run mainly by specialists from the French Prudential and Resolution Control Authority. It will enable participants to gain a practical understanding of money laundering mechanisms, of regulatory obligations for financial institutions, of on-site and off-site controls techniques implemented by supervisory authorities. A half-day session will be dedicated to case studies.


18

Biennial seminar: recent developments in insurance supervision27-30 November 2017


Objective

This seminar aims at giving participants a good command of the principles of insurance supervision and information concerning recent developments in insurance regulation as well as the conditions for their implementation.

Participants

This seminar is intended for senior prudential supervisors, particularly in the insurance sector, as well as senior managers involved in the development of prudential regulation.

Content


• organisation and general principles of insurance supervision:

– the integrated supervision model,

– an expanded scope including the control of business practices,

– governance;

• regulatory developments: from Solvency I to Solvency II:

– objectives and general principles,

– the three pillars of Solvency II;

• challenges for insurance supervision:

– changes in the prudential approach to take into account the developments in the area and its regulation,

– strengthening groups supervision,

– supervision and macroprudential tools;

• cross border cooperation.

Duration4 days



VenueParis

Contact Hedi Jeddi





19

Stress testing (Joint seminar with the Federal Reserve Board)

11-15 December 2017


Objective

This seminar aims at:

• deepening participants’ knowledge of stress testing;

• giving a practical view of stress testing methodologies through case studies;

• familiarising participants with examination techniques;

• enabling to develop a stress testing process and to understand its role in gauging the resiliency of the organisation and of the financial system;

• understanding their role in monitoring macro-financial conditions.

Participants

This practical seminar is intended for examiners with relevant field experience and who have participated in on-site, off-site examinations of banks or macroprudential monitoring.

Content

The following topics will be covered and taken as case studies:

• identify an organisation’s risk profile, material portfolios, and operating strategy;

• assess the quality of the organisation’s stress testing;

• develop an understanding of stress testing methodologies;

• use and define assumptions, external conditions and scenarios;

• link with macro monitoring.

Time during the seminar will be dedicated to exchanges of information and experiences among the participants who will briefly present their own national approaches and/or participate in workshops.

Duration5 days

Apply before11 October 2017


VenueParis

ContactHedi Jeddi





21



22

Duration 4 days

Apply before 25 February 2017

Languages English and French with simultaneous interpretation

Venue Paris

ContactThierry Cusson



Central bank accounting and budget management25-28 April 2017

Person in charge: Thierry Cusson

Objective

This seminar aims to present the accounting principles and mechanisms set up within the European System of Central Banks and their implementation within the Banque de France. It will also discuss the principles and methods for elaborating a central bank’s budget and the monitoring of its implementation, the use of cost accounting and the management of financial risks.

Participants

This seminar is intended for managerial staff in charge of financial and accounting departments within a central bank.

Content


• budgetary planning process;

• financial balance and financial risk management in a central bank;

• accounting organisation, control environment, main accounting reports: balance sheet and income statement analysis;

• accounting principles and techniques carried out and their implementation into the central banking areas;

• management control, cost accounting and reporting;

• asset and liabilities management.



23

Objective

The seminar aims at examining current trends and providing exchange of experiences in regards to the state of art development of resilient information systems

Participants

This seminar is designed for high level managers and experts operationally involved in service continuity and resilience, from security functions, general secretary, IT and risk managers

Content


• IT resilience: – business and IT management, – best practices;

• organisation and management of business continuity in a central bank;

• cyber security: – information security management, – cyberattack exercises;

• the state of art: – service commitment, – architecture (big data, blockchain,

datacenter, etc.).

This seminar will host workshops and a conference. The workshops will be organised to foster exchanges of experiences between participants. An expert in IT resilience will provide the workshops feedback in the framework of a conference.

Information systems’ resilience7-9 Juin 2017 (by invitation only)


Duration 3 days

Apply before By invitation

Languages French and English with simultaneous interpretation

Venue Paris

Contact Thierry Cusson

Contact address [email protected]


New



24

Duration3 days



VenueParis



Online registration https://www.banque-france.fr/en/banque-de-france/about-banque-de-france/relationships-foreign-central-banks

Objective

The workshop’s objective is to examine the current trends in strategic planning, project development and management, change management, from different angles like Governance, organisation and digital technologies, human, resources and communication.

Building on the ‘2020 Ambitions’ plan of Banque de France, current challenges and issues in central banks’ environment will be addressed, calling upon the experience of the participants, whose number will be intentionally limited.

Participants

This workshop is intended for directors or managers of equivalent level of responsibility in the fields of human resources, governors’ office or governing bodies, general secretariat and communication.

Content


• strategic management/planification: framework, governance; methodology, tools;

• reforms management: towards collaborative practices;

• change conduct and support: which levers, which tools?

• impact of digital technologies on transformation;

• current challenges to human resources policies in a central bank: managing skills and jobs today and tomorrow; towards a new collaborative managerial culture; developing the skills of staff, beyond training;

• internal and external communication issues.

The workshop will foster debate and interactions among participants in order to facilitate knowledge sharing and exchange of experiences among participants, who will be requested to supply a significant involvement.

Transforming a central bank11-13 September 2017

Person in charge: Thierry Cusson New



25

Internal audit and risk management in a central bank14-17 November 2017


Objective

This seminar will offer senior auditors and inspectors the opportunity to exchange on methodologies and techniques regarding the audit of a central bank and risk management.

Participants

This seminar is intended for managerial staff in charge of in-site inspections or internal audit programmes, and for risk managers.

Content


• risk management methodology;

• general context and approach of risks and risk management at the Banque de France;

• general organisation of the audit function;

• head office audit, audit of the branches network, accounting audit, auditing in the information technology area: methodology, reporting, follow-up of recommendations.

Exchange of experiences between participants will be organised.

Duration4 days



VenueParis






27

Financial stability


28 ObjectiveThis five-day course aims at deepening the understanding of recent trends and issues regarding the financial stability function within central banks.

Participants

Mid- to senior-level officials from central banks, ministries of finance and regulatory agencies in charge of financial stability or financial regulation and supervision.

Content

The objective of this one-week course is to deepen understanding of recent trends and issues related to the financial stability function of central banks. The course will discuss systemic risk indicators, the role of macroprudential policy, the macroprudential framework in the EU, FX lending, and how macroprudential policy and monetary policy interact. A part of the course will be devoted to the functioning and calibration of specific macroprudential tools such as the countercyclical capital buffer, limits on LTV ratios, or surcharges for systemically important banks. The lectures will be complemented by workshops in which participants will use EViews and Excel to analyse various macroprudential policy issues. Participants are expected to deliver short presentations and engage in group discussions on key financial stability issues in their countries.

The course will cover the following topics:

• macroprudential policy and the role of central banks;

• systemic risk monitoring and assessment;

• macroprudential intervention instruments: functioning and calibrating;

• interactions between macroprudential and monetary policies;

• the EU institutional framework for financial stability.

Financial stability policy of central banksRecent trends, interactions with other policies and key challenges

(joint seminar with the Joint Vienna Institute and the IMF)

15-19 May 2017

Persons in charge: Hedi Jeddi and Adam Gersl

Duration5 days

Apply before14 February 2017

LanguageEnglish

VenueVienna (Austria)

ContactsHedi Jeddi (Banque de France) and Adam GERSL (Joint Vienna Institute)


On-line registrationhttp://www.jvi.org/course-schedule-2017.html

http://www.jvi.org/course-schedule-2017.html


29ObjectiveThis seminar is designed to:

• provide a framework of exchanges between european and mediterranean supervisors or central banks;

• take stock of the common specificities and risks related to the new digital technologies in the euro-mediterranean area;

• identify the impact of the digital revolution on the financial system and the means of payment;

• share experiences on challenges in financial regulation and stability areas.

Participants

This practical seminar is intended for high level prudential supervisors and central bankers: director general or prudential supervision director.

Content

The following topics will be covered:

• new risks related to the financial stability in the euro-mediterranean area;

• regulation and authorities’ policies to handle the new risks;

• digital transformation in the financial sector;

• what are the priorities for cooperation?

Digital transformation and financial stability in the euro-mediterranean area(Joint seminar with Bank Al-Maghrib, the World Bank and the Center for Mediterranean Integration)

17-18 May 2017 (by invitation only)

Persons in charge: Jean-Luc Quémard, Hedi Jeddi and Fatima Aziz

Duration2 days

RegistrationBy invitation


VenueCasablanca (Marocco)

ContactsJean-Luc Quémard and Hedi Jeddi (Banque de France) Fatima Aziz (Bank Al-Maghrib)


New


30 ObjectiveThis four-day course aims at deepening the understanding of recent trends and issues regarding the financial stability function within central banks.

Participants

Mid- to senior-level officials from central banks, ministries of finance and regulatory agencies in charge of financial stability or financial regulation and supervision.

Content

The objective of this course is to deepen understanding of recent trends and issues related to the financial stability function of central banks. The course will discuss systemic risk indicators, the role of macroprudential policy, the macroprudential framework in the EU, FX lending, and how macroprudential and monetary policies interact. A part of the course will be devoted to the functioning and calibration of specific macroprudential tools, such as the countercyclical capital buffer or surcharges for systemically important banks. The lectures will be complemented by workshops in which participants will use EViews and Excel to analyse various macroprudential policy issues. Participants are expected to deliver short presentations and engage in group discussions on key financial stability issues in their countries.

The course will cover the following topics:

• macroprudential policy and the role of central banks;

• systemic risk monitoring and assessment;

• macroprudential intervention instruments: functioning and calibrating;

• interactions between macroprudential and monetary policies;

• the EU institutional framework for financial stability.

Financial stability and macroprudential policies of central banks5-8 September 2017


Duration4 days



VenueParis

ContactHedi Jeddi


On-line registration https://www.banque-france.fr/en/banque-de-france/about-banque-de-france/relationships-foreign-central-banks



31



32

Corporate credit risk assessment in a central bank28-31 March 2017


Objective

This seminar has the objective of promoting tools and methods on assessing the credit risk on corporates and non-financial groups in central banks.

It will bring up the analysis and rating methods of corporates developed in central banks. It will describe in particular the assessment measures put in place by the European System of Central Banks members, among which the Banque de France, their use for conducting monetary policy, performing prudential supervision, and assessing the risks related to non financial corporates and credit portfolio.

Participants

This seminar is aimed at central bank experts, in charge of assessing financial conditions of businesses, developing the assessment frameworks of corporate risk or in charge of creating or improving databases in this area.

Content

The seminar will cover the following topics:

• NFC data collection managing and use;

• risk assessment methods in use within central banks members of the European System of Central Banks: human expert’s scoring, statistical methods;

• assessment methods used by other institutions assessing the corporate credit;

• monitoring and follow up the performance of assessment methods;

• regulatory framework in which the corporate credit risk assessment is encompassed.

Duration4 days



VenueParis






33

Financial and operational management in a central bank(Joint seminar with Bank Indonesia and the IMF)

17-21 April 2017 (by invitation only)

Person in charge: Yasmina Safy

Objective

This seminar aims to introduce the main financial (credit and market) and operational risks facing central banks.

Experts from the Banque de France will present the challenges and issues for enterprise risk management, risk management for monetary policy, procurement as well as business continuity management (BCM).

Experts from Banque de France will present the risk framework and risk assessment methods (calculation of the value at risk and default risk models). They will also present the tools developed in-house to evaluate independently and manage the operational risks, credit risks, to value collateral, as well as the accounting and institutional mechanisms dealing with such risks.

Participants

This seminar is aimed at experts working in departments in charge of risk management, market operations, economic and financial studies in a central bank.

Content


• enterprise risk management for a central bank: new risk facing central banks; entreprise risk management, system development; risk culture and awareness; effective measuring and reporting; managing central bank policy risk;

• risk management for monetary policy;

• risk management for procurement;

• business continuity management (BCM);

• developing business continuity plans (BCP);

• BCM simulation;

• the risk and compliance function at the Banque de France: governance and organisation; management of reputational risk;

• market risk: definition of market risk, indicators; market risk assessment for investment portfolios at the Banque de France;

• credit risk: definition and credit risk indicators; methodology of calculation and uses within the Banque de France; credit risk assessment for foreign exchange reserves; internal credit assessment tool of issuers and counterparties: I-Rate;

• collateral and risk management tools in the context of the euro area monetary policy; collateral framework: eligible assets, valuation and haircuts;

• operational risk management at the Banque de France.

Duration3 days

Apply beforeBy invitation

LanguageEnglish

Venue Denpasar (Indonesia)

ContactYasmina Safy


Registration with the Bank [email protected]


34

Objective

This seminar aims to introduce the main financial (credit and market) and operational risks facing central banks.

Experts from Banque de France will present the risk framework and risk assessment methods (calculation of the value at risk – VaR – and default risk models). They will also present the tools developed in-house to evaluate independently and manage the operational risks, credit risks, to value collateral for monetary policy operations, as well as the accounting and institutional mechanisms dealing with such risks.

Participants

This seminar is aimed at for experts working in departments in charge of risk management, market operations, economic and financial studies in a central bank.

Content


• the risk and compliance function at the Banque de France: governance and organisation;

• market risk: definition of market risk, indicators; market risk assessment for investment portfolios; workshops in sub-groups;

• market VaR: calculation methodology and limits of its use; modelling market VaR of portfolios; case study;

• credit risk: definition and credit risk indicators; credit VaR: methodology of calculation and uses within the Banque de France; credit risk assessment for foreign exchange reserves; internal credit assessment tool of issuers and counterparties: I-Rate

• collateral and risk management tools in the context of the euro area monetary policy; collateral framework: eligible assets, valuation and haircuts;

• the single platform “Common Eurosystem Pricing Hub”;

• operational risk management and cyber risk management;

• institutional coverage of financial risks and accounting mechanisms;

• asset and liabilities management at the Banque de France.

Financial and operation risk management in a central bank15-19 May 2017


Duration5 days

Apply before15 March 2017

LanguagesFrench and English with simultaneous translation

Venue Paris

ContactYasmina Safy





35

Objective

This seminar aims to analyse the main issues related to the adaptation of the payment systems and market infrastructures and the solutions implemented, both from a technical and a legal point of view.

Participants

This seminar is intended for senior management in charge of departments operating or overseeing payment systems. Participants are required to have a sound knowledge of payment systems and organisation of market infrastructures.

Content


• technical and legal aspects of payment systems and market infrastructures;

• new rules in the oversight of financial markets infrastructures (FMI);

• focus on some FMI’s actors: central counterparties and trade repositories;

• large-value payment systems: TARGET2;

• delivery versus Payment of securities in central money: TARGET2 SECURITIES;

• new challenges for collateral management.

Roundtables will be organised to foster exchanges of information and sharing of best practices among the participants who will have the opportunity to present the specificities of their national payment systems.

Market infrastructures and payment systems3-5 October 2017


Duration3 days

Apply before3 August 2017


VenueParis

ContactYasmina Safy





36

Back-office operations5–8 December 2017


Objective

The objective of this seminar is to set out the various back-office operations in a central bank and analyse the processing chain and the related risks.

Participants

This seminar is intended for central bank managers in charge of back-office operations (money market, foreign exchange market, securities transactions).

Content


• organisation and governance of the Markets function;

• recent trends in foreign reserve management (overview);

• definition of back-office operations and scope of application;

• processing chain for: – foreign exchange operations, – euro-denominated and FX-denominated portfolio

management, – customers’ operations and back-to-back,

transactions on the market, – custody of financial instruments;

• accounting of market and securities transactions;

• IT-related issues (cyber-risk, resilience/business continuity) and static data;

• operational risk management and compliance requirements for these activities.

Duration4 days

Apply before5 October 2017


VenueParis

ContactYasmina Safy





37

The International Banking and Finance Institute (IBFI) organises the international training and technical cooperation actions of the Banque de France.

Its activity covers two main areas: international training and technical cooperation.

International training

International training takes two main forms: • catalogue training seminars;• high level expert workshops.

In performing its tasks, the IBFI has developed numerous partnerships with other central banks and international institutions.

Training seminars

The IBFI offers a series of catalogue training seminars. These 2 to 5 day training sessions cover all central bank business areas. The themes change according to the needs expressed by our partners. They include both theoretical and practical presentations, simulation exercises, case studies. Participants are often grouped together in smaller groups to encourage interaction on a particular topic.

IBFI’s training seminars are open to all candidates of foreign central banks and supervisory bodies, at their request, depending on availability and taking into account the relevance of their application (motivation, position held, prior training, etc.). The seminars are free of charge. The IBFI can cover all or part of accommodation costs for certain countries (see «Practical Information»).

In addition, the IBFI can organise specialised or tailor-made training sessions on a bilateral or regional basis.

These training sessions are held on the premises of the Banque de France or at the partner central bank. In the latter case, IBFI wishes to involve, as much

as possible, officials from other central banks of the region, so that the initiative benefits the greatest number. The duration of the training is variable, from 2 to 5 days. It can be combined with a participation in the catalogue seminars.

High level expert workshops

The IBFI organises high-level workshops, by invitation only, on topical issues for central banks. These workshops bring together diversely skilled leaders and experts from central banks, other public institutions or the private sector on a specific theme.

Multiple partnerships

As part of its missions, the IBFI has established multiple partnerships for joint actions or in the framework of medium-term agreements.

Joint training seminars

IBFI organises several training seminars jointly with partner institutions, central banks and international organisations, such as the IMF, the World Bank, the BIS, the Federal Reserve System (FRB), other Eurosystem central banks. These partnerships enable IBFI to organise training sessions that are adapted to local contexts and challenges, and to limit travel costs for participants.

Training agreements

Certain central banks wish to extend our capacity building actions over the long term, to formalise our collaboration in order to better plan often complex and multi-faceted training and improvement interventions. This is the subject of training agreements («memoranda of understanding») concluded with partner central banks and training centres. These training agreements may be associated with technical cooperation or banking supervision agreements.

IBFI’s activities


38

Participation in actions organised by third parties

The experts appointed by IBFI also intervene in the framework of organised training projects financed by third parties, be they national or regional central banks, international financial institutions such as the IMF, the World Bank, the European Commission, the CEMLA, or French and foreign higher education institutions

Technical cooperation

The International Banking and Finance Institute is the central contact point of the Banque de France for all technical cooperation activities on behalf of foreign central banks and other institutions.

Technical cooperation takes two main forms: • sending experts abroad; • organising study visits in France.

Sending experts abroad

Banque de France experts are sent abroad on technical support missions generally for several weeks:

• bilateral cooperation;

• european twinning programmes;

• programmes under the aegis of the IMF or the World Bank.

Organising study visits of foreign delegations at Banque de France directorates

IBFI organises study visits of delegations of foreign central banks and public institutions at the Banque de France in liaison with the different Bank directorates.


39

Practical information

Enrolment

Central banks and other institutions intending to enrol a participant must apply before the deadline, typically 2 months before the date of the seminar, using the application form available on our website: https://www.banque-france.fr/en/banque-de-france/about-banque-de-france/relationships-foreign-central-banks

Please specify the HR correspondent or superior validating the application. Special characters and copy-pasting from word should be avoided.

After the closing of the application period and depending on availability, confirmation of registration shall be sent to applicants. For seminars to be confirmed, a sufficient number of applicants is necessary.

Given the large number of applications received, applications are accepted depending on availability (in particular regarding late applications or multiple applications from the same bank).

Participants in the seminars must have a good command of one of the working languages mentioned in the training programme: French or English. Poor understanding of presentations and discussions goes against the smooth running of the seminar and compromises its efficiency. Organisation

• The duration of the seminars may be 2, 3, 4 or 5 days. In the case of 5-day seminars, a half-day off is generally scheduled for participants,

• They are held at our Paris headquarters. Transportation from the hotel is not arranged by IBFI.

• Moodle platform. All seminars are supported by the IBFI Moodle web platform. Each participant receives a user id and a password to access the content of the seminar. This platform enables participants

to access the slides, various documents, practical information and is a forum for discussion or exchange of documents.

We insist on the fact that trainees have to attend every session of the seminar and sign the attendance sheet circulated every day.

Accomodation

Banque de France normally makes pre-reservations with a partner hotel for all participants. It is a 3 star hotel, European standards.

Booking at the partner hotel is optional. However, those participants eligible to total or partial coverage of their accommodation costs may obtain reimbursement only upon choosing the partner hotel.

Expenses covered

Banque de France covers the following costs:

• training courses (seminars are free of charge);

• lunches and coffee breaks;

• social events as might be;

• hotel costs for participants of least developed countries subject to limitation, see hereafter section “Hotel”.

Hotel (single room and breakfast)

The Banque de France may cover accommodation costs under the following conditions.

1 – Participants from central banks of middle-income and industrialised countries. Banque de France does not cover accommodation costs.

2 – Participants from central banks of countries of the HIPC (highly indebted poor countries) IMF/WB initiative. The Banque de France covers the



40

accommodation costs from the night before to the night after the seminar (for example 6 nights for a 5-day seminar).

3 – Participants belonging to the other Least Developed Countries (LDC). Banque de France covers half of the hotel nights1.

Other expenses paid by trainees

• dinners;

• hotel: additional cost for twin room, longer stay (additional nights2 before or after the seminar), mini-bar, telephone and other services;

• all transport costs (plane, taxi , metro, bus);

• health and lost luggage insurance. Cancellations

In case of withdrawal, it is absolutely necessary to inform us at least 10 days prior to the seminar.

Given the large number of applications, a late cancellation deprives another central bank applicant from joining the seminar and incurs cancellation fees.

Hotel cancellation fees in case of no-show shall be chargeable to the central bank of the participant involved. A restrictive position may be adopted vis-à-vis any future applications from the latter.

1 As the case might be, a figure rounded up to the nearest decimal number. For instance for a 4-days seminar implying 5 nights, the BDF shall cover 3 nights. 2 In some (rare) cases, extra nights might be invoiced at a higher rate than the IBFI negotiated rate on account of strong pressures on hotel reservations due to exceptional events.


41

Date post:	19-Oct-2020
Category:	Documents
Upload:	others
View:	2 times
Download:	0 times

INTERNATIONAL BANKING AND FINANCE INSTITUTE - Banque … · The Banque de France’s International...

Documents