Legal Aspects of International Financial Institutions (LAIF)

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Deadline for the application has passed.
Course No.: ST 17.26
Location: Singapore, Singapore
Date: December 4, 2017-December 8, 2017 (1 Week)
Language: English

Target Audience:

Lawyers, senior lawyers, and/or other professionals from central banks, ministries of finance, ministries of justice, and other agencies in emerging market member countries with responsibilities involving legal aspects of members' relations withinternational financial institutions


Participants should have five years of relevant work experience, and preferably a law degree. Attendance is by invitation only. Prerequisites are specified in invitation letter

Course Description:

This course, presented by the IMF's Legal Department, covers legal, institutional, and operational aspects of international financial institutions (primarily the IMF and the World Bank), and explores the linkages and relationships between these institutions and their members. Institutions to be covered each year may vary.

Course Objectives:

Upon completion of this course, participants should be able to:

  • Describe and demonstrate an in-depth knowledge of the history, purposes, governance, structure, and functions of the IMF, the World Bank, and other international financial institutions and their relationship with the respective member countries.

  • Contribute more effectively on legal aspects in the interactions with international financial institutions, including the IMF and the World Bank, to foster member countries' balanced economic growth.

  • Identify challenges and trends that international financial institutions (including the IMF and the World Bank) are facing, and be able to draw lessons to help prepare more effective and responsive policy instruments and legal frameworks in their member countries.

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.