Objective

While monitoring the vulnerabilities and resilience of individual financial institutions is crucial, it alone does not ensure financial stability. Therefore, central banks, supervisory authorities, and macroprudential bodies have developed comprehensive surveillance frameworks. These frameworks are designed to detect vulnerabilities at an early stage in the financial system and enhance its overall resilience. They include a variety of analytical tools and general concepts that help identify and monitor financial stability risks. A thorough understanding requires considering spillovers within and across different financial sectors, as well as the feedback effects arising from macroeconomic developments.

This expert panel will provide insights into the general concepts and analytical tools used for financial stability analysis and macroprudential surveillance at the Deutsche Bundesbank. It aims to offer a platform for presenting and discussing methods to assess the overall stability of the financial system comprehensively. Discussions will also cover general macroprudential policies, with a particular focus on the Countercyclical Capital Buffer (CCyB). The panel will conclude with a discussion on how effective communication with the public and specific stakeholders can enhance the impact of financial stability assessments and policies.

Participants Engagement

Participants are expected to actively engage in discussions and are encouraged to present and debate current challenges in macroprudential surveillance within their jurisdictions. Presentations of their own analyses related to the course topic are welcome.

Contents

• Macroprudential surveillance: framework and tools 
• Assessment of selected risk pockets
• Approaches to macroprudential stress testing
• Strategies for macroprudential communication

Target group

This course is tailored for central bankers and supervisors involved in financial stability. Attendees should have a sound understanding of systemic risk surveillance and macroprudential policy. The expert panel serves as a venue for sharing experiences and knowledge, where active participation, such as delivering a brief presentation, is a key component of the learning experience.