English

Financial Soundness Indicators (FSI)

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Course No.: JV 17.29
Location: Vienna, Austria
Date: October 23, 2017-November 3, 2017 (2 Weeks)
Language: English (Russian)

Target Audience:

Officials at central banks and supervisory agencies for the financial sector who are involved in the collection, compilation, and analysis of financial soundness indicators.

Qualifications:

Participants should have a degree in economics, statistics, or the equivalent experience.

Course Description:

This course, presented by the IMF's Statistics Department, acquaints participants with the fundamental aspects for the compilation and use of financial soundness indicators (FSIs), which serve to support macro-prudential analysis. The course covers methodological and technical issues in the construction of FSIs as contained in the Financial Soundness Indicators Compilation Guide (including its 2007 amendments). It also incorporates the envisaged updates to the Guide, including new FSIs for deposit takers and other financial institutions. The course contains lectures on - institutional sectors and financial markets;- consolidation bases for FSIs; - regulatory framework for deposit takers; - accounting principles and sectoral financial statements for FSIs; core and additional FSIs for deposit takers, other financial corporations, and other sectors;- peer group analysis and descriptive statistics; - financial sector surveillance and FSIs; and - macro-prudential analysis and FSIs.Lectures are complemented by a series of hands-on exercises, where participants work in groups to solve practical aspects of classification of financial units, construction of reporting populations for FSIs, calculation of Basel regulatory framework's solvency and liquidity ratios, production of FSIs for deposit takers, and use of FSIs for financial sector surveillance. The course introduces the FSI template for use in the regular reporting of FSI data and metadata to the IMF and provides guidance in accessing and using the IMF's database for FSI data and metadata.

Course Objectives:
Upon completion of this course, participants should be able to:- Compile FSIs in accordance with the methodology of the FSI Guide, using source data obtainable from sectoral financial statements and supervisory report forms.- Calculate FSIs using different consolidation bases and interpret the different results obtained. - Analyze and interpret FSIs compiled for the financial sector and their use in financial supervision and macro-prudential policy.

Important Note for Online Courses:

For Online Learning (OL) courses, which are delivered through the edX platform, you will need an additional piece of information to register: you will be prompted for your edX.org username. If you do not already have a username, please go to https://courses.edx.org/register and sign up for a free account. Once you have created an account, you may complete the IMF Institute application. If you already have an edX account, your username can be found on the top right of the screen after logging in.

Important Note for Internal Economics Training Courses:

Internal Economics Training (IT) courses are self-financed. The IMF will not charge officials for attending courses. However, all travel, insurance, hotel, and living costs will need to be covered by the agency sponsoring the participants.