May 27 to 31, 2024

From May 27 to 31, 2024, the course on Systemic Macro Financial Risk Analysis (MFRA), jointly organized with the People’s Bank of China (PBC), took place in Dalian. 34 participants from China, Cambodia, Indonesia, Malaysia, Maldives, Mongolia, Pakistan, Papua New Guinea, Philippines, Uzbekistan, and Vietnam, joined the course.

This course, presented by the Monetary and Capital Markets Department of the IMF, provided a comprehensive overview of the theories, tools, and techniques necessary for the analysis of risks to financial stability. The course addressed topics including the development of risk dashboards; identification of vulnerabilities; the use of stress tests of banks (including to assess climate-related risks) and non-financial entities, and network and contagion analysis. Utilizing real life examples derived mainly from FSAPs and allowing participants to work on case studies, the course enhanced the participants’ capacity in measuring and monitoring sector and systemic risk. The course was well received by the participants.