ICMA Education & Training’s Post

📢 This summer, Riga will have the honour to host a workshop on a trending topic – experts will discuss methodologies and tools to analyze how large changes in interest rates can lead to risks for financial stability. If you're interested in submitting a paper for this workshop, act fast – there are only 2 months left! Academics, authors working for members of the European System of Central Banks, the Single Supervisory Mechanism, or the European Systemic Risk Board (ESRB), as well as members of other organisations or international financial institutions with a professional interest in the issues outlined above are welcome to give their contribution. Theoretical and empirical contributions on the following topics are welcome: 🔹 Transmission channels of large changes in interest rates 🔹 Impact of interest rate shocks on banks 🔹 Effects on non-bank financial intermediation The workshop is jointly organised with the European Central Bank and ESRB. For more information look here 👉 https://lnkd.in/dbeXupAU Share your expertise, and see you in Latvia!

HKMA's Active Participation in International Regulatory Fora November is a busy month for the HKMA. Just as we wrapped up the three-day Global Financial Leaders’ Investment Summit, we are now preparing for the upcoming HKMA-BIS High-Level Conference, scheduled for 27-28 November. The Conference will commemorate the 30th anniversary of the HKMA and the 25th anniversary of the Bank for International Settlements (BIS) Representative Office for Asia and the Pacific, which is based in Hong Kong. More than 20 incumbent central bank governors and deputy governors, as well as 8 former governors, will join the event. This is the first large-scale gathering of central bank governors in Hong Kong since the pandemic. As its name suggests, the upcoming conference is held in partnership with the BIS. The BIS, established in 1930 and headquartered in Basel, is also known as the “bank of central banks”. Its mission is to foster cooperation and communication among central banks globally in their pursuit of monetary and financial stability. The HKMA has been a member of the BIS since 1996. #ESG #IMF #BIS #HKMA #IFC #bank #investment 🔗 https://lnkd.in/g9FqaXQY

The 4th and final Working Group of the International Financial Architecture (#IFA) concludes under Indian #G20 Presidency in Seoul. Detailed deliberations on strengthening MDBs to address shared global challenges of the 21st century; managing global debt vulnerabilities; strengthening the Global Financial Safety Net (GFSN); following up on the IMF’s general SDR allocation; strengthening financial resilience through sustainable capital flows; and assessing the macro-financial implications of Central Bank Digital Currencies (CBDCs). With Dėsirė Vencatachellum

You can find the complete supervisory framework here https://lnkd.in/dXmsmdHU

The recently concluded G20 summit has provided a positive outlook on regulations surrounding crypto assets. The International Monetary Fund (IMF) and the Financial Stability Board (FSB) has set out a paper to coordinate efforts to advance policy and recommendations to identify macroeconomic and financial stability risks associated with crypto-assets. The G20 declaration has stated that the countries wish to use their central banks to coordinate and take forward the recommendations set out in the paper. Hopefully, this leads to clear regulations worldwide soon. #g20india #web3law #techlaw #india

Yesterday during the OECD Forum on Green Finance and Investment (https://lnkd.in/eytDiCBD) the new supervisory framework to help central banks & financial supervisors assess nature-related financial risks was launched. The framework is applicable broadly for central banks, supervisors and commercial banks across different countries through a 4-step approach: 1. Risk identification and prioritisation 2. Economic risk assessment 3. Financial risk assessment 4. Considerations for supervisors The framework was developed by the OECD team including Hugh Miller, Juan Pavajeau Fuentes, Giulio Mazzone and Géraldine Ang, in cooperation with the European Commission Directorate General for Structural Reform Support (DG REFORM) and the Hungarian central bank and is part of a technical support project funded by the European Union via the Technical Support Instrument. Check it out: https://lnkd.in/eZ8ij9w5 #naturerisk #biodiversity #financialrisk #ngfs #tnfd #oecd

Sustainable response to Climate change in terms of financing mitigation and adaptation can only be achieved in a Stable macro financial environment else several countries may be over indebted in the journey. This is a Very important discussion in this regard.