In an era of increasing financial complexity and innovation, effective supervision and robust regulatory frameworks are the bedrock of a stable financial system. This training course provides a comprehensive exploration of the principles, tools, and practices that govern financial oversight globally. We will delve into the critical functions of supervisory authorities in maintaining market integrity, ensuring consumer protection, and mitigating systemic risk. This program is designed for regulators and industry professionals who need to master the intricate relationship between policy design, rule enforcement, and the ongoing evolution of the financial services landscape.

This five-day intensive course moves beyond a simple overview of rules to a strategic understanding of how supervisory frameworks are designed and implemented to foster resilience. Participants will gain practical insights into risk-based supervision, stress testing, and the application of macroprudential policies. Through an examination of international standards and real-world case studies, attendees will be equipped to navigate the challenges of supervising diverse financial institutions, from traditional banks to emerging FinTech firms. By the end of this course, you will possess the expertise to contribute to a more secure, transparent, and well-governed financial environment.

Duration: 5 days

Target Audience:

• Financial regulators and supervisors
• Central bank staff involved in supervision
• Compliance officers and risk managers
• Legal professionals in financial services
• Policy makers in finance ministries
• Internal auditors in financial institutions
• Executives and board members
• Consultants in financial regulation
• Academics and researchers in finance
• Professionals from international financial institutions

Objectives:

• Grasp the core principles and objectives of financial supervision
• Analyze the role of international standards in domestic regulation
• Understand the framework of risk-based supervision
• Evaluate the effectiveness of macroprudential and microprudential tools
• Formulate regulatory responses to new technologies and market innovations
• Interpret the legal and governance structures of supervisory authorities
• Assess the challenges of supervising diverse financial sectors
• Develop skills in crisis management and resolution
• Communicate effectively with regulated institutions and the public

Course Modules: Module 1: Principles of Financial Supervision

• The objectives of financial supervision: stability, conduct, and competition
• The role and independence of supervisory authorities
• Legal frameworks for banking and financial sector oversight
• The distinction between microprudential and macroprudential supervision
• Governance and accountability of the supervisory body

Module 2: International Regulatory Standards

• The Basel Accords: Basel I, II, and III
• The role of the Financial Stability Board (FSB)
• International standards for insurance and securities regulation
• Standards for financial market infrastructures (PFMI)
• The impact of international standards on domestic regulation

Module 3: Risk-Based Supervision

• The concept of risk-based supervision and its methodology
• Assessing a financial institution's inherent risks
• Evaluating the effectiveness of internal controls and governance
• The supervisory review and evaluation process (SREP)
• Using stress testing as a supervisory tool

Module 4: Supervisory Tools and Techniques

• Conducting on-site and off-site supervision
• Using supervisory data and reporting to monitor risks
• Implementing enforcement actions and penalties
• The role of continuous dialogue and communication with institutions
• Peer reviews and cooperation among supervisory authorities

Module 5: Macroprudential Policy and Systemic Risk

• Identifying systemic risk and interconnectedness
• The framework of macroprudential policy tools
• Countercyclical capital buffers and loan-to-value limits
• The role of the central bank in financial stability
• Coordination between micro- and macroprudential authorities

Module 6: Supervising Different Financial Sectors

• The unique challenges of banking supervision
• The framework for supervising insurance companies
• Oversight of securities firms and capital markets
• Regulating the activities of asset managers
• The supervision of non-bank financial institutions

Module 7: Conduct and Consumer Protection

• The growing importance of market conduct supervision
• Ensuring fair treatment of customers
• The regulation of financial products and services
• The role of supervision in financial literacy
• Managing conduct risk within financial institutions

Module 8: FinTech and Digital Regulation

• Regulatory challenges posed by FinTech and digital innovation
• The use of regulatory sandboxes and innovation hubs
• The regulation of crypto-assets and stablecoins
• Cybersecurity and data privacy in the financial sector
• The supervision of central bank digital currencies (CBDCs)

Module 9: Crisis Management and Future of Regulation

• The supervisory response during a financial crisis
• Bank resolution and recovery frameworks
• Lessons learned from the 2008 financial crisis
• The impact of environmental, social, and governance (ESG) factors
• The future of financial regulation and supervision

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Training Venue

The training will be held at our Skills for Africa Training Institute Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 7 working days before commencement of the training.