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DTSTAMP:20260511T053118Z
DTSTART;VALUE=DATE:20250401
DTEND;VALUE=DATE:20250404
SUMMARY:Introduction to financial stability\, systemic risk and macroprud
 ential policy
TRANSP:TRANSPARENT
UID:2025_04_01_introduction_to_financial_stability_940738
DESCRIPTION:Duration\n\n4 days\n\nDeadline for application\n\n17 January 
 2025\n\nObjective\n\nIn its capacity as the central bank of Germany\, th
 e Deutsche Bundesbank has a legal mandate and an inherent interest in en
 suring that the financial and monetary system is stable and capable of f
 ulfilling its economic functions at all times. Not least\, this is in or
 der to provide a solid foundation for sustainable future growth in welfa
 re. Furthermore\, the Bundesbank’s duty to contribute to the safeguardin
 g of financial stability in Germany is explicitly enshrined in the Finan
 cial Stability Act.\n\nAs part of its macroprudential mandate\, the Bund
 esbank regularly conducts analyses to identify vulnerabilities within th
 e financial system. To this end\, it monitors financial intermediaries\,
  financial markets and market infrastructures. These analyses are geared
  towards the identification of systemic risks\, i.e. structural and cycl
 ical vulnerabilities that constitute a threat to the stability of the fi
 nancial system.\n\nIn order to gain system-wide insights\, it is also es
 sential to take account of spillovers within and across different sector
 s of the financial system\, as well as any feedback effects arising in t
 he financial system due to macroeconomic developments. In addition\, the
  Bundesbank investigates the (potential) effects of macroprudential inst
 ruments so as to calibrate these ex ante and evaluate the effectiveness 
 of enacted macroprudential policy steps ex post.\n\nThe course aims to s
 hed light on the Bundesbank’s role in the macroprudential policy cycle a
 nd its approach to financial stability analysis. Participants will gain 
 a thorough understanding of financial stability\, systemic risk and macr
 oprudential policy. Where possible\, the course will include both theore
 tical and practical components.\n\nContent\nFinancial stability – tasks 
 and objectives\nInstitutional framework in the EU and Germany\nSurveilla
 nce framework\nMacroprudential oversight of banks and NBFIs\nRisk analys
 es and current risks in Germany\nFinancial market infrastructure and fin
 ancial stability\nStress testing approaches (introduction)\nDevelopments
  in the real estate sector and financial stability\nMacroprudential inst
 ruments\, esp. the CCyB\n\nTarget group\n\nThis course is aimed at centr
 al bank officials working in the area of financial stability. Participan
 ts should have a basic understanding of the surveillance and analysis of
  systemic risk and macroprudential policy. Input from participants on cu
 rrent developments in their home countries is welcome. The course may al
 so be of interest to staff working in other central bank areas related t
 o financial stability\, such as banking supervision\, monetary policy or
  payment systems.\n\nPlease note \n\nA nominating person is mandatory fo
 r the participation in our in-person courses.
LOCATION:Frankfurt/Main
CONTACT:Deutsche Bundesbank – CIC\, tzk@bundesbank.de\, +49 69 9566-36605
 
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