October 14-18, 2024

From October 14-18, 2024, the course on Bank Restructuring and Resolution (BR), co-organized by the CICDC and the National Financial Regulation Administration (NFRA), took place in Shenzhen. 15 participants from the NFRA, Ministry of Finance, and the People’s Bank of China, and 16 participants from Cambodia, Indonesia, Lao PDR, Mongolia, Pakistan, Sri Lanka, and Vietnam, joined the course.

This course, led by Ms. Silvia Iorgova, Ms. Tracy Richardson, and Mr. Jaime Ponce from the Monetary and Capital Markets Department (MCM) of the IMF, provided a comprehensive overview of conceptual and operational issues related to the restructuring and resolution of weak and failing banks. The course addressed topics including the identification and supervision of weak banks, operational preparedness, crisis containment, bank restructuring and resolution, and dealing with distressed assets. The course received positive feedback from the participants.