TARGET GROUP | Central bank, ministry of finance, bank supervisory, resolution authority, and deposit insurance agency lawyers involved in bank regulation and supervision, bank resolution, and crisis management. Because the course is for senior counsels, participants are expected to have a thorough understanding of legal issues related to the financial sector. Attendance is by invitation only. Prerequisites are specified in the nomination request letters. Participants are expected to have five years of relevant work experience, good knowledge of financial sector laws, and preferably an advanced law degree
DESCRIPTION | This one-week course, presented by the Legal Department, covers selected issues related to the institutional and legal infrastructure necessary to support sound regulation and supervision of banks, bank resolution, safety nets, and crisis management.
COURSE OBJECTIVES | Upon completion of this course, participants should be able to: Identify key legal issues relevant to the regulation and supervision of banks: bank resolution, safety nets, and crisis management, and how international best practice addresses those issues. Identify legal design approaches that have proven effective based on cross-jurisdictional experiences shared by presenters and fellow participants. Analyze and assess domestic financial sector legislation against international good practices. Develop and formulate recommendations on how to modify financial sector legislation through law reform to align it to international good practices. Explain proposed amendments to financial sector legislation to stakeholders and defend those proposals in discussions and consultation procedures with them.