Selected Issues in the Evolving Financial Regulatory Framework

This course, presented by the IMF’s Monetary and Capital Markets Department, examines selected issues in the evolving financial regulatory framework. It takes a critical look at the evolving framework for banks and non-bank financial intermediaries. On the banking side, topics include Basel III capital, leverage and liquidity requirements, and ongoing regulatory discussions. On the non-bank side, the course covers derivatives, repurchase transactions and securities lending, counterparty risk management, and topical issues such as the role of central banks in collateral markets (among others). The course pays special attention to systemically important financial institutions and the links between banks and other parts of the financial system. Participants will be invited to make presentations on selected topics that reflect their country experiences. 

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

• Summarize the main pieces of the prudential regulatory framework for banks and non-banks institutions. 

• Connect the links between banks and other parts of the financial system. 

• Extract lessons from previous financial stability threats.