Central Banking, Risk Management and Governance

Description

By attending this course, you will understand:

• That Central Banks have important public policy functions to fulfil.
• That Risk management in central banking operations is crucial to achieving policy goals.
• What governance of a central bank means and how it is achieved.

The course will wrap with a summary of the key learning points, followed by an action planning exercise with a view to apply the acquired knowledge and skills immediately upon your return to work. Post-course support is also available in relation to the implementation of your action plan, up to six (6) months following course completion.

What you will learn

Activities and Responsibilities of Central Banks

• Overview of key functions
• Policy instruments
• Regulatory role
• The challenge of Fintech

Central Banking Risk Management

• The range of risks
• AML-CFT risk management framework
• The impact of Big Data
• Economic forecasting

Central Banking Organization and Governance

• Mission and values
• Organization and decision-making
• The pillars of central bank governance
• Developing a communication strategy

Innovation in Central Banking

• The need for Innovation
• Framework of innovation in Central Banking
• Innovation hubs

Course Review

• Summary and recap of key learning objectives
• Action Planning