Financial stability and macroprudential policies of central banks

This five days course aims at deepening the understanding of recent trends and issues regarding the financial stability function within central banks.



Dates: 15 - 17 November 2021

Apply before: 13 November 2021

Language: English (presentations are recorded and available for replay in French)

Location: Online

Contact: Hedi JEDDI



The course will discuss systemic risk indicators, the role of macroprudential policy, the macroprudential stress tests, the macroprudential framework in the EU and how macroprudential, microprudential and monetary policies interact. A part of the course will be devoted to the functioning and calibration of specific macroprudential tools, such as the countercyclical capital buffer or loan to value ratio. Participants are expected to deliver short presentations and engage in group discussions on key financial stability issues in their countries.

The seminar will cover the following topics:

  • Macroprudential policy and the role of central banks
  • Systemic risk monitoring and assessment
  • Macroprudential intervention instruments: functioning and calibrating
  • Macroprudential stress tests
  • Interactions between macroprudential and monetary policies
  • The EU institutional framework for financial stability


Mid to senior-level officials from central banks, ministries of finance and regulatory agencies in charge of financial stability or financial regulation and supervision.


Updated on: 11/18/2021 16:37