September 9-13, 2024

From September 9 to 13, 2024, the course on Selected Issues in the Evolving Financial Regulatory Framework (FRF), co-organized with the People’s Bank of China (PBC), was held in Shenzhen. 23 participants from various branches and departments of the PBC and the National Financial Regulatory Administration (NFRA), and 10 participants from Cambodia, Vietnam, Pakistan, Hungary, and Belarus, joined the course. Mr. Hui He, Director of the CICDC, delivered welcome remarks at the opening session.

This course, led by Mr. Marco Barzanti and Mr. Christopher Wilson from the Monetary and Capital Markets Department at the IMF, examined selected issues in the evolving financial regulatory framework and took a critical look at the evolving framework for banks. Topics included Basel III capital requirements, as well as macroprudential policies, regulation and supervision of climate-related financial risks, regulatory challenges around fintech, operational and cyber risk, and ongoing international regulatory discussions. The course paid special attention to proportionality in bank regulation and supervision. It identified the main operational issues and challenges when implementing the Basel framework and provided practical guidance. Participants also engaged in interactive sessions to present on selected topics that reflect their country experiences.