Thursday, July 9
Ashraf Khan and Paul Leonovich (both IMF, Monetary and Capital Markets Departments)
This webinar provides IMF staff views on how Financial Institutions and Central Banks can prepare themselves for operating under crisis conditions. Financial Institutions and Central Banks provide critical services to an array of customers and society at large. In some countries, they are also critical for extending fiscal stimulus programs. (Central) Banks are, however, not immune to the effects of the pandemic and must prepare for operating under crisis conditions. In many countries, banks are required to develop business continuity plans (BCPs), which are subject to supervisory review and approval. However, there are differences between traditional business continuity planning and pandemic planning—notably due to the scale and duration of the shocks. These differences call for banks as well as Central Banks to review their BCPs and consider what actions can be taken to enhance preparedness and minimize the potential adverse effects of the spread of COVID-19.
The webinar will be moderated by Reiner Martin (JVI).
Participants are encouraged to ask written questions to the presenters using the webinar’s Q&A function.
The webinar will be held in English.
In the coming weeks and months, the JVI will organize further topical webinars in the field of financial stability, fiscal policy and macroeconomics.
Besides, we will conduct a number of our courses in a virtual format. The latest version of the JVI course schedule can be found here.
We look forward to engaging with you!
Thomas Richardson, Director, JVI